Agree with your whole post but I will say that in my experience, Coach has tremendous eBay resale value. I've been able to sell every Coach item I've ever listed on eBay, even damaged or 10+ years old from the back of my mom's closet, and recoup a fair amount of money. I can't sell those old nylon Kate Spade bags for love or money.
The outlet bags get so close to price to some of the nicer Kohl's etc bags that I'd rather spend a bit more on Coach, knowing I could sell the bag when I get tired of it. Department store brands have an extremely poor secondary market, and even some mid-range brands like Kate Spade or RM only have resellability within the last 3-5 years of their lines.
I don't disagree with any of your post. 😊 Coach does have good resale value. (I didn't want to go into more detail because I felt my post was getting long.) And I would guess, its resale is still one of the better ones of department store brands. I was able to sell off my old ones easily. People still want the bags.
But the quality now (while better than the 2000 - 2010 ish era) is not nearly as good as its heyday pre 1985. And it's resale isn't as good as some other more premier brands.
So, at the end of the day, it's a mixed "bag". But someone should buy it when they love it with eyes wide open knowing the different factors.