For those who are used to investing in stocks or property, designer handbags may not seem like the most obvious way to diversify your portfolio, but these days, you may want to think again. Check out our latest list for Louis Vuitton crossbody bags.
According to Art Market Research (AMR), luxury designer handbags for women are
now outperforming art, classic cars, and rare whiskies in terms of investment
potential.
What’s more, top name brands like Louis Vuitton, Hermes, and MCM, have recently seen a significant spike in their valuation.
Thus, if you enjoy luxury bags and purses, and are looking to make a great investment this year, you need not look any further than these high-end brands.
What’s the hottest designer bag right now?
Before getting into the top eight designer handbags worth investing in 2021 & 2022, if you wonder which high-end bag is the “it girl” of the season, it’s the Chanel Classic Flap Bag. Priced at $8,800, this stunning handbag is a favorite among celebrities and the fashion elite.
Clearly, most of these particular bags will set you back a pretty penny, but the good news is that virtually every handbag from this fashion house/collection is a great investment.
Be that as it may, this particular handbag has been around since the mid-1950s, making it a true collector’s item with the best resell value.
Moreover, this designer handbag’s appreciation value has increased by over 70 percent in the last couple of years.
8 Designer Handbags to Invest in This Year
Now that you have a better understanding of how designer handbags and pieces are good investments, especially in 2022, here’s a quick rundown of the eight designer handbags to invest in.
1. Chanel Classic Flap Bag
Number one on the list may not be a complete shocker, but it’s still worth mentioning. This gorgeous bag comes in various vibrant colors, sizes (mini, small, classic, and large), patterns, and hardware finishes.
The Small/Mini Flap currently ranges from $4,500 to $5,300, and the standard Flap ranges from $4,300 to $8,200 on the resale market.
2. Louis Vuitton Speedy Bag
Coming in at number two on our list is none other than Louis Vuitton. This beloved staple truly needs no introduction. Made from iconic Monogram canvas, the Speedy 35 (or any size for that matter) is an elegant and stylish bag ideal for city life. Small enough to look good but big enough to fit more than a wallet and lipgloss.
This LV bag remains timeless with its unmistakable silhouette. Find it for a good price by clicking and finding resale options below.
3. Hermes Epsom Kelly Sellier
A designer bag inspired by Grace Kelly is an excellent choice, but it doesn’t come cheap. Currently, this elegant handbag is priced at just over $15,000 (not nearly as much as a Birkin bag).
Crafted from a variety of leathers, this bag comes in stunning colors and has a traditional gold Kelly turn-lock flap with a padlock. The interior also features two flat pockets and a zippered pocket.
4. Fendi Peekaboo
This chic leather bag is made from soft Nappa leather, and embellished with Fendi’s classic twist lock on both sides. In staple colors such as black, red, dove gray, and light blue, this iconic bag goes with just about everything.
The Peekaboo bag also comes in different sizes, patterns and can be customized if bought directly through Fendi. This amazing bag ranges from 1,000 to $3,590 on the resale market.
5. Dior Saddle Bag
An iconic handbag that has been updated by Maria Grazia Chiuri for a fresh, sleek look that still showcases this fashion house’s heritage. Here, you can choose from several different patterns and colors. This bag has a ‘D’-stirrup magnetic clasp and a saddle flap with the signature ‘CD’ structure on both sides.
Crafted in black grained calfskin and adorned with embellished gold-finish hardware and customizable straps, it’s priced at $3,800 new or find it cheaper on resale sites below.
6. Saint Laurent Sac de Jour
Available in various sizes, patterns/materials, styles, 5+ colors, and starting at $1,990+, this sophisticated find sells out quickly. The Nano Sac de Jour bag has two tubular top handles, an adjustable and detachable leather crossbody strap, plus a lock in a removable leather case.
7. Prada Nylon Mini Bag
Affordable and timeless, this Prada Bag goes with everything and is one of the only great designer handbags you can get for $725. Often described as practical and feminine, the nylon mini bag is decorated with Saffiano leather trim.
This bag features a contemporary mix of materials, zipper closure, enameled metal triangle logo, a woven handle, and Prada logo nylon lining.
8. Bottega Veneta Pouch Bag
A true statement piece, this pouch bag is an oversized clutch at its finest. Made from soft and supple calfskin leather, this designer bag is voluminous, rounded in shape, and has a single suede-lined inner compartment. Totted as the new brand icon, you can get yours in various bold colors for $2,790.
Are designer handbags worth it?
Opinions often vary on whether or not a designer bag is worth it. For instance, if you take the above-mentioned Classic Flap Bag, currently retailed at $8,800, it isn’t uncommon to think that money could go for rent, a vacation, into savings, or the stock market.
However, if you choose wisely, there’s no reason any coveted or popular designer bag isn’t worth it.
Not only can a well-chosen bag last you forever with the proper care and maintenance, but it can also become a valuable family heirloom if you opt not to resell it. If you do opt to resell, chances are, you’ll make some money off of it too- especially Hermes & Chanel styles!
Do you need a designer handbag?
If, by chance, you’re still asking yourself if you really need a high-end purse or bag, you shouldn’t be, because when it comes to designer handbags, the old adage is true—you get what you pay for.
Sure, you can purchase an affordable, everyday purse for less than $100 if you want to, but there’s no real investment with such a bag.
Moreover, there’s a certain level of fine quality and craftsmanship that comes with a designer bag, as they are made to be more durable and offer a truly polished look.
Even though you don’t need a designer bag in your life, per se, in many ways, it might be just the thing you’re missing. This is especially true if your current/more affordable bags break easily or show signs of wear and tear within the first few months.
Think about the cost per wear of the best designer handbags.
Along those same lines, if you think about what your wardrobe is really costing you, you’ll often find that buying handbags/designer pieces actually makes more sense.
For example, if you’re replacing a $50 bag every 3-6 months, you’ll eventually spend, instead of save, hundreds of dollars over your lifetime.
However, this isn’t the case when you opt for a designer purse or bag. One of the main reasons the cost per wear is worthwhile is because you’ll be able to carry it for the entirety of your life, and as previously mentioned, you can even pass it down as an heirloom.
What’s more, if you go with classic designer handbags over statement pieces, you can get even more wear out of them as they can function for work, going out, travel, or everyday living.
How to Afford the Luxury Bags You Like
To afford luxury bags, you don’t have to take out a personal loan or max out your credit cards—nor should you.
For many people, luxury bags are a must, and thus, when they have disposable income available, they will treat themselves and possibly others.
Of course, not everyone has thousands of dollars lying around for designer items, fine jewelry, shoes, and goods. That said, it’s important to keep in mind that designer handbag purchases should only happen after you’ve paid for your essentials.
Furthermore, they should only be an option if you can truly afford it, i.e., don’t go into debt because of a handbag. This means you can either save up for your luxury bags, purchase them secondhand, or even rent them for a week or two for special occasions.
A Handy Way to Search for a Designer Handbag
If you need assistance finding the high-end handbag of your dreams, there are a few things you can do to make the search less daunting. Like finding informative content on Bagover.com.
Ultimately, these are just a few top luxury designer options to purchase if you’re looking for the best of the best. Other notable fashion brand bags worth investing in include the Gucci Marmont, the Givenchy Antigona, the Loewe Puzzle, the Chloé Faye, and a Celiné Belt. The Valentino Roman Stud, the Balenciaga City, the MCM Tote, and Burberry TB bags are also worth considering.
Photos courtesy of official websites of chanel, bagover, fashionphile, fendi, dior, ysl, prada, bottega veneta.