September 05, 2022

Designer Bags: A Good Investment for 2022?

People love to debate whether or not they are a good investment. While there is no easy answer, we can say that they certainly hold their value better than most other items in your closet.

In this blog post, we will explore and learn how research can help you determine if a bag is a wise investment for the future. We will also provide tips on caring for your designer bags to maintain their value over time.

So, whether you are considering your first designer purchase or are simply curious about the resale value of some of your favorites, read on to learn more about investing in designer handbags

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Good Investment: Explained

A great investment is often considered something that will maintain or increase in value over time. When it comes to fashion, a good investment piece should be something you will love and wear for many years. And versatile enough to be worn in multiple ways and with different outfits.

A designer bag comes with a significant price tag, so be sure to do your research before buying. Consider the enhanced social status, psychological benefits, and practicality of owning a bag before making your purchase.

Will it help you land that luxury real estate job or make others look at you with a sense of admiration? The bag may be worth the splurge if the answer is yes.

If you are only buying a designer bag because it is trendy, it is probably not worth pursuing if it doesn't fit your practical needs.

What Drives up the Resale Value of a Designer Bag?

Art, watches, and antiques, designer handbags have become exclusive collectible assets. Designer handbags now have a higher potential for investment than art or classic automobiles, according to Art Market Research (AMR).
 
The most critical factor in reselling value is desirability. A bag must be popular enough that people are willing to pay more for it than what you paid.
 
The never-ending demand for these bags has made them appreciable investments. Reports support that some bags outperform investments in the S&P 500 or gold.
 
Hermes, Chanel, and Louis Vuitton are some of the most popular brands to consider. They have experienced a valuation spike of an average of 83% in the last ten years.
 
This is likely because the best designer handbags are both functional and stylish, making them popular among a wide range of buyers.

Own a Piece of Fashion History

You may have seen pictures of celebs carrying around rare Hermes Birkins or a Chanel flag bag valued at thousands of dollars.
 
If you are considering investing in luxury bags, consider purchasing a piece that is vintage and has a rich history. Buying a bag from one of an iconic brand is considered owning a piece of fashion history.
 
Not only will you love and wear your designer bag for years to come, but it will also hold its value over time. So, if you are looking for opportunities, consider purchasing a designer bag from one of the top names in the industry.

The Resale Strategy


When pricing your bag, research comparable bags to get an accurate estimate of their value. Resale websites like eBay are great platforms to determine actual market value if you're looking to offload your designer handbag.
 
Once you find comparable listings, take note of the prices and see how they fluctuate over time. Compare the starting bids with the winning submissions to determine how much you can expect to get for your bag.
 
Other online marketplaces, such as RealReal.com, Fashionphile.com, and Rebag.com, specialize in reselling luxury items and investment bags.
 
According to research, over 3,500 designer handbags were sold at auction in 2019, collectively costing a substantial $32.9 million.
 
So, suppose you're lucky enough to own a designer tote that falls into one of these categories. In that case, there's money to be made from reselling it. Doing this research will help you set a realistic price for your bag and ensure you get the most money possible from its resale.

Tip: You can also take advantage of consignment shops, which will do all the hard work for you and take a cut of the final sale price.


What to Look For


The style of the bag is also vital when determining if it will be a good investment piece. Classic styles tend to appreciate more than trendy styles. This is because classic styles are always in demand, whereas trendy styles come and go.
 
Factors to Consider:
 
- The brand of the bag
- The style of the bag
- The style of the bag
- The materials used to make the bag
- The condition of the bag
- The origin or history of the bag
- Whether or not the bag is still being manufactured by the designer.

5 Designer Bags to Consider in 2022

When it comes to luxury handbags, there are so many factors to consider. But suppose you're looking for a collector's piece with the potential to appreciate in value. In that case, these five designer bags are worth your consideration.
 

 
 
This bag is perfect for any fashion-savvy woman who loves high-end designer labels. The monogram-coated canvas is luxurious, and the natural cowhide-leather trim adds a touch of elegance. The gold-color hardware is stunning, and the textile lining is exceptionally soft.
 
The D-ring is perfect for attaching your favorite charms or pendants. While the double handles make this bag easy to carry.
 
Louis Vuitton brown monogram continues to be in demand, and we don't see that slowing down anytime soon.
 
 
This sophisticated and stylish bag is like having two bags in one. This beautiful tote bag is made from high-quality leather with a quilted design and features the iconic gold CC logo.
 
It's superb for carrying all your essentials and can be worn as a crossbody or tote bag. A luxurious handbag that will make a profound style statement that could be sought after by Chanel collectors.
 
 
This Hermes masterpiece is chic, stylish, and functional. This gorgeous bag features the iconic front H logo and gold-tone hardware.
 
The removable and adjustable shoulder strap makes it easy to carry, and the main compartment and back slip pocket provide plenty of room for all your essentials.
 
A strong contender in the future resale market because it's excellent for everyday use and offers a timeless design.

 
 
This is your chance to own a piece of Chanel history. This elegant and timeless bag will never go out of style. It's perfect for any outfit, whether you're dressing up or dressing down.
 
The flap closure keeps all your belongings safe and secure. At the same time, the main compartment and interior zip pocket provide plenty of room for everything you need. The back slip pocket is ideal for quick access to your phone or other essential items.
 
The resale market may love this bag because of its classic design and functionality.
 

 
This bag is stylish and practical and made from gorgeous candy pink leather with gold-tone hardware. The zipped pockets are perfect for keeping your essentials close at hand, while the flat pocket and card slots make it easy to stay organized on the go.
 
The adjustable strap means you can wear it over your shoulder or body – however you like! Whether running errands or heading out for a night on the town, this bag is sure to become your new go-to.
 
Because pink is always someone's favorite color, we are confident that the demand for this bag will always be high.
 

Hand Bag Volatility

Trends come and go, and what's popular today may not be tomorrow. This makes it essential to do your research before investing in luxury handbags.
 
Classic styles of designer bags tend to hold their value better over time than trendy styles. So, if you're looking for an opportunity to invest in a designer bag, consider purchasing a classic style that will remain stylish for years.

Care for Your Bags

Once you have decided to invest in a designer bag, taking care of it for many years is vital. Be sure to store your bags in a cool, dry place away from direct sunlight. Avoid getting them wet or exposing them to harsh chemicals, as this can damage the materials.
 
If you must clean your bag, be sure to use a gentle leather cleaner or have it professionally cleaned. Never use harsh detergents or chemicals, as this can ruin the finish of your bag.
 
Additionally, it is important to keep your receipt and dust bag in a safe place. These can serve as proof of purchase and increase the value of your bag if you ever decide to resell it.
 
Following these simple tips can help ensure that your designer bag maintains its value for many years.

The Bottom Line

When done right, a designer bag can be a great addition to your wardrobe and an excellent investment for the future. If you are looking to invest in a designer bag, be sure to do your research first. With proper care, your designer bag will maintain its value.
 
It's also important to remember that investing in a designer bag is not just about the money. These bags can be passed down from generation to generation and become family heirlooms.
 
So, are designer bags a good investment for 2022? Only you can answer that question. But if you do your research and choose wisely, investing in a designer bag may just be one of the best decisions you ever make.