Is Louis vuitton bag really a good investment?

Question

I was told that LV bags value increases in time. Is that true? Does that apply to other prominent designer label like gucci? If so which would you recommend i should invest my money on?

Answer 1

No luxury article is an investment sorry...
It is something expensive that would say the world you can afford it... But it is not an investment, unless you consider impressed people on you spend capacity would have a rate of return in your life!...Otherwise it is a good looking expense...

Answer 2

All these bags are losing any investment value they may have had due to 2 things - 1. they're being made either in China or with materials made in China - IOW, cheap. 2. the market is flooded and they have become devalued. You see high school girls in Vuitton, Gucci, Hermes, Coach, Prada, you name it. Its not a rare or highly valued item when anyone can get it.

If a bag is 1-of-a-kind or has celebrity connections, that is another matter altogether. But just buying a purse from say Sax, then no.

Answer 3

Savings Bonds, Stock , A Savings Account, A Christmas Club Account...
Let's say you spend $400 on a LV bag. If you put that money in a savings account your will have $500 by the end of the year. The LV bag will take at least 30year to appreciate in value.
Anything but leather. Sometimes it's not even real leather.

Answer 4

LV bags well....yes and no. For the classic shape styles like the noe, speedy, alma, no the value does not increase. Limited edition handbags especially in the late 90's, yes because they are no longer made.

It is really up to you to decide if you want to spend your money on this brand name. It all depends on if you like to carry a logo bag. Also note, that LV bags are so widely counterfeited. Most people today, including myself, will automatically think that a LV bag being carried on woman is a replica. If you want to purchse it just for investment alone, I would recommend that you choose Hermes (a kelly if you can afford it and can wait for it).

Have fun with your upcoming new bag!

Answer 5

Only if it's a "limited edition." When they make over a 100 of the same type, then it's unlikely to increase in value. A signature LV bag, the kind made in only a few copies, can duplicate its value in 8 years.

Answer 6

only buy it for yourself if you can tell the difference between real and knock off. sometimes it's hard to tell. you can get good knockoffs in chinatown. i saw this thing on star jones the other day where she talked about this-are luxe bags worth the cash-and she had someone on the show who said she went to a designer bag factory, and they were making like lous vuitton and no name cheap bags (like what you'd buy in target) all in the same factory with the same materials. also, i don't think they increase in value unless you bought a limited edition one season bag, like the lv bag from last year or the year before with the cherries on it.

Answer 7

I own several LV handbags also several Gucci, both retain their value very well, try eBay, I have purchased at least 6 of them at a very reasonable prices for the real ones

Answer 8

beanie babies increased in value over time too

for a while

if you're looking for a good investment, try a no-load mutual fund tied to the S&P 500. Historically, this has earned 12%/yr over long periods of time.

Answer 9

401K, mutual funds, CDs. Don't invest in materials like this, they lose value the moment you take it out of the store. Imagine this, buy a bag, and then try to sell it on ebay. you'll see a significant loss

Answer 10

Those bags are really cute. I don't kno if they increase over time like a ferrari or sumpin, but if i had the money i would buy them. but, i guess you can spend ur money on sumpin else like 6 more outfitz or a charity or giftz for ppl or w/e but if u want one, go ahead.