Have you ever made a profit selling a designer bag before? Let me know in the comments! Make a saving and buy pre-loved designer bags on eBay 👉rstyle.me/+J2DyRcAzN85gConAFmDobg
I did with my last sale of my OTG Gm Jungle! She was just too big to carry as a purse as I hoped for. I paid over retail but got a few hundred more than I paid so I was happy 😊
@@Tristin57 I had good luck this year with selling my bags - during co-vid I really thought about the Chanel bags that were not working for me - the boy bag due to the chain always getting stuck and 2 coco handles that's the straps would not stay up on my shoulder and couldn’t wear crossbody - they were in excellent condition and made a couple of hundred dollars on each.
I made profit on two Chanel bags from 2009/10 in excellent condition with all accoutrements and receipts etc which went straight into the hands of Vestiaire Collective as commission :-/ Lost value on Prada, Dolce & Gabbana, Chloe and Mulberry. Didn’t sell my Hermès bags…I’m not that crazy 😜
No purse is an investment- my CPA told me to invest in stocks, IRAs, retirement accounts, real estate, CD etc ………but NEVER a purse. I owe several luxury bags and believe they are all overpriced to include my Chanels.
The only reason those brands don't hold their resale value because they don't play "hard to get" game. Anyone can go and buy a brand new one very easily. I am still loving my YSL and Givenchy bags. I don't buy with idea of selling. All my bags are forever bags.
I just want to say that I very much appreciate you always putting chapters with time stamps in your videos. It makes them very organized and easy to find content, rewatch, or skip over sections. Thank you for the extra effort!
I view my designer bags as wardrobe investments, not financial ones. I mostly buy styles in flattering neutral colors that work with my outfits and lifestyle. Cost per wear is very much a consideration. I own several preloved Bottega Venetas, and they are a great value on the secondary market if you love luxurious designer quality with minimal branding. That said, if I think it will be a forever bag, I will buy new, preferably with a discount.
I agree with everything in this video! I have a threshold that if it's less than $1,500 USD then I'll typically buy it brand new because it's generally worth the price difference, especially with LV Canvas and YSL.
I apply my own theory. First of all, I buy bags to use. To wear and enjoy. So I look at the cost per wear. Which is also why I only have a small collection of purposeful bags and not tons which end up sitting on the shelf. I don’t look at making a profit when I sell them. I’ve sold tons and I’m glad that (1) I got to use them and (2) I got SOME money back. Unlike many other types of items which you use and can’t make any money from them when you’re done using them. That’s my theory on why I consider a handbag is still somewhat an investment compared to many other types of fashion items. And, I have to say that buying many of these bags in retail in Europe is still way cheaper than buying them in Asia where I live. So that helps to save a lot. Even when I pay customs and duties on them, they’re cheaper than buying them in-store here in Asia. Pre-loved is great but again, like you suggested, we need to invest in getting them authenticated otherwise that’s totally money down the drain.
@@soksannkhem6961 if it's a classic handbag from Gucci or YSl then you definitely at least get most of your money back. For instance the Gucci Soho Disco or the YSL toy lou lou ... as they are classics and the price goes up every year ;)
Number 1 rule is that if the designer brand has an outlet store then it is not an investment. These are gucci prada ysl givenchy balenciaga fendi miumiu celine dior. Those designers that do not have outlet stores like LV, chanel, hermes, goyard holds their value and is a good investment cause the bags dont go on sale.
Loved this video and I am a preloved bag shopper but let’s talk about how preloved is now selling for more than the new price even for purchases that you could buy from the store website.
I am not into the preloved market because of the hassle of having the bags authenticated. I actually just bought the small Lady Dior (my only Dior bag) and I feel it completed my collection. I agree with you that I will not buy more Gucci (have three), YSL (have 1), Dior and even Louis Vuitton bags. Don't own a Fendi, Givenchy and Bottega bags. Will definitely add more Chanel and Hermes bags.
Once again superb video. You are so real and make so much sense. I agree with everything you’ve said. Only problem is I don’t sell my purchases, so when I buy I make sure it’s exactly what I want. Thanks again Steph.
There are issues with verification sites is you can not trust them to have quality experts. Even with a certificate of authenticity, that does not guarantee it’s a real bag. Had that issue with a Louis Vuitton bag. Took it to a LV store and found out it was an extremely well made fake. Had two certificates of authenticity for it from well known sites. Buyer beware!!!
I agree with this so much! I made the mistake in my earlier days of purchasing luxury handbags. Purchased the YSL Smoking Clutch. 1300 down the drain. Resale was pennies compared to what I paid. As of now I'm strictly LV.
I bought the YSL mini Lou camera bag in Hawaii which at the time was 20% cheaper than U.S. mainland. Then there was a slight price increase. I ended up selling it to help fund a Chanel purchase and I was actually able to break even.
Absolutely agree with your advice! I have been thinking of getting a Pochette Metis Reverse on the pre-loved market since I've never been able to score one in a store but I'm very reluctant because if it needs a repair (and a Metis quite often does), I doubt they'd take it on if the receipt is not in my name. Otherwise, full retail only for LV and for other brands it's the pre-loved route for me. The sole exception are my YSL Toy Loulous which I bought at full retail because I thought the price difference with pre-loved wasn't worth it.
Not quite designer but I once bought a Radley bag brand new on Ebay. Used it, didn't like it. Then something broke on it. Seller replaced it. I left tags on & listed it on Ebay & sold it for more than I paid for it.
Totally agree with all your points in the video! I also only own a limited edition Lady Dior (the gradient grey one) which I bought at full price, otherwise defo recommend the preloved market for more common colours like black gold. Also have bought all brands like Prada / Fendi / Celine from the 2nd hand market which helps make savings to buy LV / Chanel at full price. Thanks again for the awesome video x
Glad you enjoyed the video Kahing. Yes, if you love the bag go full price and 100% Prada, Fendi, Celine you can make HUGE savings pre-loved. Thanks for sharing x
I agree with your list that are all good to get via preloved! Though super loving ysl too😍. Still thinking hard if I should get the sunset or save more money to get the chanel flap😅
I total agree with this list, because I also purchase bags on preloved market. My latest video about my LV collection will show you my LV vintage treasures:)
I've been watching your videos for several months. You are wonderfully knowledgeable and I have a trust in your opinions unlike some others. Before I make luxury decisions I always check with you first now. Thank you so much for your time and dedication to educate us and help us make goid decisions!
I’ve bought Givenchy Antigona pre loved and the baby on sale. If I see something as a staple that I’ll never sell, I’ll buy full price. It would be helpful for you to include the ceiling prices you would be willing spend preloved on each brand. I’m interested in knowing .
Hi Steph, great tips! 👍🏻 I’m looking to purchase my first luxury designer bag , and I don’t really like Chanel… and Hermes is over my budget so I’m left with LV. 😅 May I ask , what type of LV bag on your opinion does hold its value the best? Ideally I’d like to be able to wear it crossbody, so popular “speedy” bag I don’t really consider. Many thanks in advance for your kind reply.
I love it! I'm actually just looking at them now - however, I don't think the Fendi totes will hold their value was well as a Louis Vuitton for example
Can you talk about Bvlgari bags? I bought one for 2700 and the quality/attention to detail is phenomenal. The gold is plated as well, and considering more popular brands that are 2x that price....and don't plate thier gold blows my mind. It's like a peice of jewlery.
Sadly, there are MANY bags that don't hold the value. I do own a few. But, they still make me happy...so, at least there is the sentimental value...I guess. Lol
Tbh, I didn’t know bout the luxury preloved market when I bought may Pandora which was when it was so popular so yeah, spent a lot and now out I couldn’t even resell it since its my first designer bag. Bought my Antigona in preloved tho, and even tho it was more worth every penny (since its less thn half original price!), I still feel its easier to let go than my first designer which I saved so much for.
I agree that only Hermes, Chanel and LV hold their values, but I don’t find other on-trend styles from other brands to be much cheaper on the pre-loved market either! For example, a brand new YSL small LouLou is about USD $2.2K, but it’s re-selling for USD $2K on the pre-loved market, such as Fashiophile, if it’s in an excellent condition. Where do you see on-trend bags that are in great condition that are selling for less than 50% of retail? Apparently I’m not looking at the right place! 😩
@@komalsworld8608 I recently bought a brand new YSL small lou lou from Saks. I got a sign-up for an account online discount, a $475 gift card, and about $45 from Rakuten. I had checked the pre-loved market but they cost the same or more than new. What gives?
I agree about Givenchy. I am trying to sell my Givenchy Medium ID handbag (excellent condition) and I am having a hard time selling for a good price. Fashionphile offered me about 50%-60%, which I rejected. If anyone is interesting please let me know. I have to disagree about Gucci & YSL popular items sell well in the U.S. And I have noticed more attention by strangers (not that I care) when I wear Gucci more than other brands. Gucci, LV & Chanel is very popular in U.S and long line to go inside the store.
@@Handbagholic such a shame as the SA that showed me the bags I was interested in was lovely and so helpful. But when you can get one between £50 and £300 less, it's kind of a no brainer. Thanks for the links to the authenticating places. Will definitely be using those.
![11 BEST Value For Money Designer Bags 💰 [2021] WORTH IT!](/img/n.gif)
Have you ever made a profit selling a designer bag before? Let me know in the comments! Make a saving and buy pre-loved designer bags on eBay 👉rstyle.me/+J2DyRcAzN85gConAFmDobg
I did with my last sale of my OTG Gm Jungle! She was just too big to carry as a purse as I hoped for. I paid over retail but got a few hundred more than I paid so I was happy 😊
@@Tristin57 I had good luck this year with selling my bags - during co-vid I really thought about the Chanel bags that were not working for me - the boy bag due to the chain always getting stuck and 2 coco handles that's the straps would not stay up on my shoulder and couldn’t wear crossbody - they were in excellent condition and made a couple of hundred dollars on each.
I made profit on two Chanel bags from 2009/10 in excellent condition with all accoutrements and receipts etc which went straight into the hands of Vestiaire Collective as commission :-/ Lost value on Prada, Dolce & Gabbana, Chloe and Mulberry. Didn’t sell my Hermès bags…I’m not that crazy 😜
I want to but its so hard o let them goooo especially when they old sentimental values 🥲🥲
No purse is an investment- my CPA told me to invest in stocks, IRAs, retirement accounts, real estate, CD etc ………but NEVER a purse. I owe several luxury bags and believe they are all overpriced to include my Chanels.
The only reason those brands don't hold their resale value because they don't play "hard to get" game. Anyone can go and buy a brand new one very easily. I am still loving my YSL and Givenchy bags. I don't buy with idea of selling. All my bags are forever bags.
Yes you’re exactly right. I love Givenchy & YSL too - if they’re your forever bags they’re worth it
Absolutely
You like wat u like.lifes too short buy wat u like.
I love your opinion!
Also they make great deals if you buy pre-loved. It's a win-win in my point of view.
I just want to say that I very much appreciate you always putting chapters with time stamps in your videos. It makes them very organized and easy to find content, rewatch, or skip over sections. Thank you for the extra effort!
You’re welcome. I’m glad they help
I view my designer bags as wardrobe investments, not financial ones. I mostly buy styles in flattering neutral colors that work with my outfits and lifestyle. Cost per wear is very much a consideration. I own several preloved Bottega Venetas, and they are a great value on the secondary market if you love luxurious designer quality with minimal branding. That said, if I think it will be a forever bag, I will buy new, preferably with a discount.
I agree with everything in this video! I have a threshold that if it's less than $1,500 USD then I'll typically buy it brand new because it's generally worth the price difference, especially with LV Canvas and YSL.
Great tip thanks for sharing Linda. Yes more money to be saved when the bags RRP is in the thousands for sure
I apply my own theory. First of all, I buy bags to use. To wear and enjoy. So I look at the cost per wear. Which is also why I only have a small collection of purposeful bags and not tons which end up sitting on the shelf. I don’t look at making a profit when I sell them. I’ve sold tons and I’m glad that (1) I got to use them and (2) I got SOME money back. Unlike many other types of items which you use and can’t make any money from them when you’re done using them. That’s my theory on why I consider a handbag is still somewhat an investment compared to many other types of fashion items. And, I have to say that buying many of these bags in retail in Europe is still way cheaper than buying them in Asia where I live. So that helps to save a lot. Even when I pay customs and duties on them, they’re cheaper than buying them in-store here in Asia. Pre-loved is great but again, like you suggested, we need to invest in getting them authenticated otherwise that’s totally money down the drain.
Hermes, Chanel and Louis Vuitton has more values than other designers but I love my YSL & Gucci!
Agreed. I also love YSL & Gucci, they just don’t hold the value so well
@@Handbagholic yea they dont but if you love them you love them. I dont look forward to selling them but if I do I know is like half lol
@@soksannkhem6961 if it's a classic handbag from Gucci or YSl then you definitely at least get most of your money back. For instance the Gucci Soho Disco or the YSL toy lou lou ... as they are classics and the price goes up every year ;)
Number 1 rule is that if the designer brand has an outlet store then it is not an investment. These are gucci prada ysl givenchy balenciaga fendi miumiu celine dior. Those designers that do not have outlet stores like LV, chanel, hermes, goyard holds their value and is a good investment cause the bags dont go on sale.
Very true Aida. You're absolutely right about the outlet stores
Where is the ysl outlet?
Loved this video and I am a preloved bag shopper but let’s talk about how preloved is now selling for more than the new price even for purchases that you could buy from the store website.
I am not into the preloved market because of the hassle of having the bags authenticated. I actually just bought the small Lady Dior (my only Dior bag) and I feel it completed my collection. I agree with you that I will not buy more Gucci (have three), YSL (have 1), Dior and even Louis Vuitton bags. Don't own a Fendi, Givenchy and Bottega bags. Will definitely add more Chanel and Hermes bags.
Once again superb video. You are so real and make so much sense. I agree with everything you’ve said. Only problem is I don’t sell my purchases, so when I buy I make sure it’s exactly what I want.
Thanks again Steph.
Thank you Mona! I’m glad you enjoyed the video. That’s very wise making sure you know you’ll love it before buying! Have a lovely Sunday 💗
There are issues with verification sites is you can not trust them to have quality experts. Even with a certificate of authenticity, that does not guarantee it’s a real bag. Had that issue with a Louis Vuitton bag. Took it to a LV store and found out it was an extremely well made fake. Had two certificates of authenticity for it from well known sites. Buyer beware!!!
I agree with this so much! I made the mistake in my earlier days of purchasing luxury handbags. Purchased the YSL Smoking Clutch. 1300 down the drain. Resale was pennies compared to what I paid. As of now I'm strictly LV.
Glad you agree Shanelle. Yes you can lose a lot with certain brands.
I bought the YSL mini Lou camera bag in Hawaii which at the time was 20% cheaper than U.S. mainland. Then there was a slight price increase. I ended up selling it to help fund a Chanel purchase and I was actually able to break even.
That’s great! It’s a lovely bag
You are right. I sold a lot of YSL and Gucci bags and I always lost a lot of money.
Yes those brands don’t hold value so well. Some classics do but most don’t. The best re-sale value I’ve seen from YSL is the sunset bag.
@@Handbagholic i love the sunset bag!! i want to get a 2nd one
Absolutely agree with your advice! I have been thinking of getting a Pochette Metis Reverse on the pre-loved market since I've never been able to score one in a store but I'm very reluctant because if it needs a repair (and a Metis quite often does), I doubt they'd take it on if the receipt is not in my name. Otherwise, full retail only for LV and for other brands it's the pre-loved route for me. The sole exception are my YSL Toy Loulous which I bought at full retail because I thought the price difference with pre-loved wasn't worth it.
Thanks for sharing and yes a very good point buying new from Louis Vuitton when the bag has lots of know issues
LV canvas, I buy new unless it’s a limited edition that I can’t get my hands on.
Not quite designer but I once bought a Radley bag brand new on Ebay. Used it, didn't like it. Then something broke on it. Seller replaced it. I left tags on & listed it on Ebay & sold it for more than I paid for it.
Totally agree with all your points in the video! I also only own a limited edition Lady Dior (the gradient grey one) which I bought at full price, otherwise defo recommend the preloved market for more common colours like black gold. Also have bought all brands like Prada / Fendi / Celine from the 2nd hand market which helps make savings to buy LV / Chanel at full price. Thanks again for the awesome video x
Glad you enjoyed the video Kahing. Yes, if you love the bag go full price and 100% Prada, Fendi, Celine you can make HUGE savings pre-loved. Thanks for sharing x
Excellent information. Thank you.
You’re welcome thanks Karrie 💗
Great video- so informative
I agree with your list that are all good to get via preloved! Though super loving ysl too😍. Still thinking hard if I should get the sunset or save more money to get the chanel flap😅
YSL, Gucci, and Givenchy are best pre loved or on sale
Agreed 🙌
Such an amazing video! Learned so much. Thank you.
You're so welcome!
Great video! First lux bag purchase, hear I come!
I totally agree with you. Its good to know that my money is still there if I need to sell my LVs one day
Exactly, it's always good to know you have options
Investment in bags for me is selling it because you need money in rush
I total agree with this list, because I also purchase bags on preloved market. My latest video about my LV collection will show you my LV vintage treasures:)
Designer bags are NEVER an investment! You always lose money one way or another.
I've been watching your videos for several months. You are wonderfully knowledgeable and I have a trust in your opinions unlike some others. Before I make luxury decisions I always check with you first now.
Thank you so much for your time and dedication to educate us and help us make goid decisions!
Good!!
Thank you so much Diana! I’m so glad that you find the content useful ❤️
I’ve bought Givenchy Antigona pre loved and the baby on sale. If I see something as a staple that I’ll never sell, I’ll buy full price.
It would be helpful for you to include the ceiling prices you would be willing spend preloved on each brand. I’m interested in knowing .
Thanks for sharing Kara. It really depends on the style of bag there would be too many to go through. Maybe for some key styles I can
@@Handbagholic yes that would be great
Hi Steph, great tips! 👍🏻
I’m looking to purchase my first luxury designer bag , and I don’t really like Chanel… and Hermes is over my budget so I’m left with LV. 😅
May I ask , what type of LV bag on your opinion does hold its value the best?
Ideally I’d like to be able to wear it crossbody, so popular “speedy” bag I don’t really consider.
Many thanks in advance for your kind reply.
Thks for sharing so much information! Can you explain how do you sell and where? 😉🌟🌻
I only buy when I love the designer bag, see that it is timeless and know I shall be wearing it.
I'm struggling with the lady dior. I can't seem to find one I like on the pre-love market. I'm thinking of picking one up in Europe to save $1k USD.
Love the Lady Dior, not so much the book tote. Also love the Antigona, but I only buy for me with no hopes to resell.
That's great Renee, I think when you know it's a keeper forever to splurge and get the bag you really want
Great video! Thank you. What are your thoughts of Fendi, particularly the Fendi Large Shopper Tote in leather?
I love it! I'm actually just looking at them now - however, I don't think the Fendi totes will hold their value was well as a Louis Vuitton for example
I agree with you.
What are your thoughts about the LV Monogram Empreinte Bicolor Black/Beige?
Celine bags don’t hold it’s value in the pre-loved market either. I just bought a new Celine classic for $1100 less.
Yes there are some bargains on Celine bags for sure
I enjoy watching your videos, very informative.
What’s your thoughts about the Hermes 24/24 29 is it a good investment?
Can you talk about Bvlgari bags? I bought one for 2700 and the quality/attention to detail is phenomenal. The gold is plated as well, and considering more popular brands that are 2x that price....and don't plate thier gold blows my mind. It's like a peice of jewlery.
Hey Stacia, great recommendation. I will definitely look into them more! I know the jewellery is popular.
I’d love to hear your thoughts on Mulberry, the classics,not necessarily as an investment, though.
Loving your channel💯✨❤️
thanks Niky! I think they're great quality for the price, especially pre-loved. Just not really a super highly desired brand right now I don't think.
Thank you for your helpful video. What are your thoughts on the LV empreinte onthego MM turtle dove color?
Yes it's beautiful! Really nice neutral
I buy and sell pre-loved Vintage handbags. Love Gucci Vintage handbags. Have sold a few.
Sadly, there are MANY bags that don't hold the value. I do own a few. But, they still make me happy...so, at least there is the sentimental value...I guess. Lol
Yes definitely. If you love the bag it’s worth it regardless
Tbh, I didn’t know bout the luxury preloved market when I bought may Pandora which was when it was so popular so yeah, spent a lot and now out I couldn’t even resell it since its my first designer bag. Bought my Antigona in preloved tho, and even tho it was more worth every penny (since its less thn half original price!), I still feel its easier to let go than my first designer which I saved so much for.
Cool Video, aoooo pretty Earrings!
Thank you! 😊
HI , can I have your opinion for Fendi?
Sure, a particular bag?
How much would you sell you LV black backpack in this video?
I agree that only Hermes, Chanel and LV hold their values, but I don’t find other on-trend styles from other brands to be much cheaper on the pre-loved market either! For example, a brand new YSL small LouLou is about USD $2.2K, but it’s re-selling for USD $2K on the pre-loved market, such as Fashiophile, if it’s in an excellent condition. Where do you see on-trend bags that are in great condition that are selling for less than 50% of retail? Apparently I’m not looking at the right place! 😩
My thoughts exactly. I need to get better at finding bargains!
I love ysl gucci and prada bags !!
Yes they do some great ones, I'd just go pre-loved for these brands where I could
@@Handbagholic pre loved way to expensive than brand new
@@komalsworld8608 I recently bought a brand new YSL small lou lou from Saks. I got a sign-up for an account online discount, a $475 gift card, and about $45 from Rakuten. I had checked the pre-loved market but they cost the same or more than new. What gives?
@@alicee5270 yes thats what i have noticed to !! Happy that you saved some money 💰!!!
I'm loving your top and earrings. Would you mind sharing the source?
Thanks Kristin! They are both sold out now from Zara
@@Handbagholic Thanks for sharing! Maybe I can catch one on Poshmark. Just subscribed, btw...really enjoying your content lately!
Great video! Can you give us the link of few authentication sites?
Hi there! Yes of course, here you go: www.handbagholic.co.uk/the-best-handbag-authentication-services/
I’m a reseller too
I agree about Givenchy. I am trying to sell my Givenchy Medium ID handbag (excellent condition) and I am having a hard time selling for a good price. Fashionphile offered me about 50%-60%, which I rejected. If anyone is interesting please let me know. I have to disagree about Gucci & YSL popular items sell well in the U.S. And I have noticed more attention by strangers (not that I care) when I wear Gucci more than other brands. Gucci, LV & Chanel is very popular in U.S and long line to go inside the store.
Best video to watch before work tonight xoxo
Glad you enjoyed it Anne 💗
Noticed Mulberry also don't retain their value.
Hey Kayleigh. No, they did around 5-10 years ago. Now I’d only buy pre-loved. There are some amazing bargains on Mulberry. I’d never buy new again.
@@Handbagholic such a shame as the SA that showed me the bags I was interested in was lovely and so helpful. But when you can get one between £50 and £300 less, it's kind of a no brainer. Thanks for the links to the authenticating places. Will definitely be using those.
Yes and it’s a shame. One of the most well made bags out there. Go figure.🤷🏾♀️
Thanks for your thought. I was also wandering, as I love Mulberry, such quality and understated elegance. It’s a top notch in my books, alongside LV
First!!
Thanks Audrey 🙌🙌🙌
Lady Dior so overrated. omg.
Let’s be honest all bags loose value if worn.
Not always true. I have Chanel and Louis Vuitton I have used and have sold for more than I paid
Chanel is the best because it is in the middle of LV and Hermes. Most people can afford.