Is a Louis Vuitton Bag Considered an Investment?
If you’ve ever wished to own a Louis Vuitton bag, you’ve probably been wondering if it’s a good investment. While the price of these designer handbags is a little higher than the average, they tend to hold their value well over time. Rarer items can even increase in value. For example, the Airplane Travel Bag, a collaboration with Virgil Abloh, retails for PS29,000, while the Urban Satchel sold for over PS100,000 in 2008 and would probably resell for far more.
While you’ll have to decide which style and size you’d like for your own lifestyle, most of these bags hold good resale values. Certain pieces may even appreciate in value, so it’s worth investing in the best ones you can find. However, you can avoid losing money on a Louis Vuitton bag by maintaining it properly. For instance, the Chantilly, which first launched in 1978, has an 85% resale value. The reverse-monogram version is particularly popular.
There are many reasons why a Louis Vuitton bag is an investment. It’s a timeless piece that will last you a long time. If you’re looking for a classic, look no further than the Speedy 35 or Neverfull. The Alma BB, which was initially a cheaper option, has since turned into an investment piece. Similarly, the Pochette Metis is a classic all-rounder.