I know LV is worth it. The purse for me, especially my Speedy in Monogram looks good on me IMO. I love my purse. It makes me happy. For me, I always wanted a Louis Vuitton purse. I don't think my feeling for loving my Speedy will ever go away!
I agree but people want to buy something that not all can afford. IT's the status thing. What can you do. People pay $200 for a t-shirts.
exactly...the materials and labour versus the profit margin...I have an issue with that because I am working class and cannot buy everything that I love...have they gone too far with the price increases???greedy perphaps?I read in the Dallas Morning News (many months ago) that the profit on an LV bag was enormous (can't remember the exact %). The cost of the materials is not very much compared to what you pay for it. However, saying that an LV bag has a great resale value and if you love it, its worth it.
exactly...the materials and labour versus the profit margin...I have an issue with that because I am working class and cannot buy everything that I love...have they gone too far with the price increases???greedy perphaps?
I love this story! It's SOOO worth it to pay more for something you can use for such a long time. (ALso, it would be sweet to get an LV wallet for $175 now! LOL)
I'm a little late but wanted to put my two cents in... Saying "it's the status thing"... that's not true. Not all of us feel that way, so one shouldn't have to speak for the rest of us here on the LV forum.
I first started buying LV because I liked the uniqueness of the Monogram Canvas... then I started buying more LV because I took notice in the quality/craftsmanship.
I'm a little late but wanted to put my two cents in... Saying "it's the status thing"... that's not true. Not all of us feel that way, so one shouldn't have to speak for the rest of us here on the LV forum.
I first started buying LV because I liked the uniqueness of the Monogram Canvas... then I started buying more LV because I took notice in the quality/craftsmanship.
I mean if thoughts/questions like "Is Monogram Canvas really worth it?" come to mind, it makes me wonder "Well then why does this person even really buy LV in the first place?"
exactly...the materials and labour versus the profit margin...I have an issue with that because I am working class and cannot buy everything that I love...have they gone too far with the price increases???greedy perphaps?
p.s. John I love the look of mono canvas hence the desire for it. I too am not hung up on status either because I am an average Joe no better than the next guy but, I question is the price tag associated with mono canvas really worth it? or are the profit margins so high that LV is being greedy? Of course they must make a profit but, if it cost them under a hundred dollars to produce a speedy and then they sell it for over 670 is that fair?? not sure how much it costs to produce a speedy but, read something whether it is accurate or now it costs well below 100 dollars to produce. thanks for sharing your passion for LV and your point of view...btw you are an early bird!!!!
I am also willing to pay a higher price for quality goods that are made my people making a decent wage in a good environment, as several posters have mentioned before.