Is Chanel Handbags Worth Buying?
As the years fly by, the value of Chanel handbags are constantly rising. In 2010, an average Chanel bag cost around $2400. Currently, a bag of that price values at around $4900. That is more than two times the initial investment. So, really, there’s no reason not to purchase a Chanel handbag if you’re considering it.
Even with a little wear and abuse from the elements, the bags still soar in value. From everyday use, to coffee spills with the right tender, love, and care the bag will be looking good as new again. Just applying and rubbing a little saddle soap will have your Chanel bag back in action.
With the awesome value increase, a Chanel handbag is a superior investment to Facebook stocks, a new Audi A3, and even your savings account. Within the past six months, Facebook stock has continuously decreased in value. It’s fallen 20% since last month. A brand new Audi A3 loses 30% of its value as soon as you drive it off the car lot. And the average 4% interest rate of your savings account has nothing on value increase of Chanel.
Every lady just loves Chanel. The brand represents a certain type of status, and the more expensive they are the higher the value increase. When the price increases, the demand for the handbag skyrockets. It tends to go up even more when the supply is low. No wonder the value of the handbag increases with time.
If you would love to see your money increase, then it would be an awesome investment. If you decide to sell your handbag to a consignment store, they’ll most likely give you more than what you paid for. Even if the bag has some wear and tear, you’ll probably get $1,000 more than what you initially paid for it.
Considering the increasing value and status that comes with the bag some ladies may never sell their Chanel handbag. An awesome idea that some may consider is to keep the bag in the family. Passing your Chanel handbag down to the next generation would probably one of the best gifts a young woman could ever receive. Just imagine the value of the bag in about 20 years, if the price continues to increase the way it has been.
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