Investment or Splurge?

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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.

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