I recently read that purchasing a Chanel bag is an investment and not a splurge. Or maybe it’s an investment and a spurge.
Either way, Chanel has a track record of holding its value over the years. In fact, certain Chanel bags increase in value.
For example, a classic flap bag in 1990 would cost you around $1,150. In 2016, this same bag will run you $4,900. That’s an appreciation of almost four-thousand dollars!
I wouldn’t encourage you to purchase Chanel options that are “trendy,” as their value may not increase over time. If you’re going to spend a few thousand on a bag, make sure it’s a classic and iconic piece, like this Chanel flap bag for $6,000.