Luxury bags are actually not always associated with consumer behavior. Even today, many socialites have made this as an alternative investment.
According to investopedia, like other instruments investment, luxury bags can also produce profits in the future. The price of a luxury bag can go up to more than 100% from the time you buy it.
If you are interested in investing in luxury bags but you are confused about which brand to buy, the following bag brand recommendations can be a consideration.
Check out these luxury bag as your investment:
Chanel Classic Flap
This classic flap can be one of the best-selling luxury bag investments you can make.
Additionally, channel is one of the high end brands included in the Holy Trinity group.
It also really can be used as a profitable investment. Since 2010, the value of this bag has experienced a tremendous increase of 70%.
Nowadays, you might get one classic small flap bag around £ 3,200 and £ 4,000 for the maxi size.
Furthermore, Chanel’s selling price also experienced a big increase. It was proven that in 2012 the selling price was around £ 2,360, but in 2017, the resale price has increased to £ 3,990. You can imagine the following years how much profit you can be gained, right?
Hermès Kelly and Birkin
Besides Chanel, Hermès is also a high end brand that belongs to the holy trinity group. If you are thinking about investing in this luxury bag, some of these things must be considered, that is, model, type of leather and hardware material.
Moreover, Hermes bags are known to have a limited quantity and very exclusive. Thus, you must take a long time to get it.
For socialites, Hermès with the Birkin line must be familiar because this bag is one of their dreams.
These types of bags have prices in the range of $ 9,000 to $ 150,000. Fantastic price, right?
The reason why Hermès Birkin is recommended to be used as an investment in luxury bags is because the sale price is estimated to reach $ 223,000.
Moreover, this bag is predicted to have a resale price that increases significantly in the future up to 96%.
Dior Saddle Bag
The next brand of luxury investment bags is the Dior Saddle Bag. This bag has actually debuted since 2000, but since its reintroduction in Fall 2018, the Dior Saddle Bag reversed its popularity until this year.
This bag is made based on inspiration from an asymmetrical riding bag complete with a D strap and iron logo hanging.
There are so many desires from the socialites to have this bag, even the preloved price is always sold out on the market.
Therefore, having a Dior Saddle Bag version of Maria Grazia Chiuri or Kim Jones is worth considering as an investment.
Seeing the success of its predecessor, it is possible that this latest version will benefit you in the future.
Read more : 5 Unique Investments with High Value