What To Know Before Investing In A High-End Handbag

What To Know Before Investing In A High-End Handbag

Investing in a high-end bag can be a big decision. Depending on the price, it can even be a massive financial investment. And depending on the reason behind why you want to buy such a purse in the first place – the importance in picking the right one for you to pull the trigger on can drastically change.

However, no matter your reasons or which purse you may even have your eye on already, there are certain things you need to know before you can make the right decision. Before you can do that, though, you need to ask yourself one question.

What Are You Going To Use It For?

The first thing you need to ask before you even think about buying a high-end handbag is to ask yourself why you want one in the first place. You might want one to use when you go out which is a perfectly valid reason. In that case, you need to focus your efforts on finding a purse that best fits the outfit you wish to wear it with. Or outfits. A bag that goes perfectly with one outfit is an entirely different beast than one that goes great with multiple ones.

On the other hand, what if you’re buying it to resell later down the line? In that case, you can’t just focus on the qualities of the purse that you like the best. You need to expand your horizons and focus on and how it interacts with the grand scheme of things.

What To Know Before Investing In A High-End Handbag

Take the Birkin by Hermès for instance. Being one worn by celebrities like Victoria Beckham and Kate Moss, the purse can easily see resell prices at nearly twice the original price. Knowing the purpose is the first step in finding the perfect fit.

Think About The Quality

It may seem obvious, but the quality of a handbag is often overlooked despite the difference that it makes. Although you would expect otherwise, even a high-end one can vary in quality depending on the material they are made of. Even then, it can be made of high quality materials but still end up not being very durable. Before you even finalize the decision on buying a bag, you need to make sure that the quality is top-notch. [READ: How To Wear Your Designer Watch For Women]

The easiest way to check the quality is to, of course, handle the purse yourself. Being able to feel the material with your own two hands goes a long way in being able to judge the quality of the bag. Some of us prefer to do our shopping online, however, which make things a lot harder.

When you’re trying to decide on a handbag without being able to get some first-hand knowledge of it, it becomes important to do as much research into it as you can beforehand. Even something a simple as asking a friend can go a long way in being able to make the right decision. Luckily, quality is rarely – if ever – missing when it comes to a designer tote.

Look At The Price

High-end handbag can get expensive. Especially the holy-trinity of purses – Chanel, Louis Vuitton and Hermès. At the same time, the price can be extremely volatile. Depending on any current and upcoming trends and even the social climate, the value could skyrocket or drop like a rock over night. There is no worse feeling than seeing the price plummet the day after you buy it. Likewise, seeing the same handbag you just took the plunge on rise in price is the sort of joy you can only experience first-hand.

Depending on the reason behind why you plan to purchase in the first place, looking into the price can be widely important. If you plan to resell later on, buying a purse with no chance of ever rising in price is a huge mistake that can be easily avoided with a little research and planning.

Even if you don’t plan to resell and are looking to only buy a handbag for yourself, price is still an important aspect to look into beforehand. There’s no reason to pay more when you don’t have to.

Is The Style Timeless?

No matter the reason for why you buy a purse, there is one thing they all have in common – you likely plan to use it. And that means you need to think about style.

Although the style may already be a major influence for you, it never hurts to take a second look before you decide on a purchase. You may like the look of it now, but will you still feel the same way next week? A few months from now? What about a year or two down the line? Not everyone is timeless like the classic Chanel bag. [READ: How to Dress an Inverted Triangle Body Shape: A Style Guide]

You also need to take into account how the handbag will look with the rest of your outfits. You might like the look of a certain style, but if it doesn’t go with anything you have then you are out of luck. Even so, if it only looks good with one or two outfits, you might need to ask yourself if it’s really worth the purchase.

That’s not taking into account fashion trends either. Buying a bag that goes great with a dying fashion trend is both a mistake and a waste of money. Especially if you plan to resell.

Think About The Future Before You Pull The Trigger

You know what you want and you know what to look for but should you pull the trigger on the purchase  right now? Maybe it’s better to wait instead?

Like with the volatility of the price, fashion trends change. What might be en vogue today could easily fall out of grace in the blink of an eye. Even if you don’t care about current fashion trends, there is still the chance that your tastes can end up changing instead. In the worst case scenario, you end up with a handbag you hate that you can’t even sell for a decent amount – never mind an actual profit.

Before you decide on making the investment, you need to make sure that the purchase is a correct one and not just a spur-of-the-moment decision. The Louis Vuitton Neverfull may seem like a great choice right now but just because other people love it doesn’t mean you will. With the decline of tote handbags recently, the Neverfull might end up being a bad investment in the future. Do you really want to take the chance of it still retaining most of its value if you do decide to sell it? Or would you be better off getting a classic Chanel bag instead?

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