Yea. But, I’ve sold a number of bags that are in this range of 5 ish years old and / or that are pass their moment and haven’t had a slip in value this badly in any other than the Céline (which is even worse). So, I don’t think it’s the specific model. Overall,
Prada bags (like their sister Miu Miu or Céline, Balenciaga, etc.) have relatively low resale vs. say Hermes or Chanel which is one reason I stopped buying the brand. It’s frustrating - especially when it’s not quality driven. Céline and Bal in particular have great quality.
I know it’s popular with some on tpf to say they don’t care about resale value but this bag is representative of exactly why it matters to me. I barely wore this bag and now it’s worth relatively little. So the cost to me by any measure - sunk cost, CPW, etc. - is quite high on a bag from which I got little joy. If the bag had the same acquisition cost but held value better, I would receive more to put towards a bag I really could love.
I don’t ever expect to wear a bag and get all of my money out when I sell. I also don’t expect to own a bag for years (regardless of wear) and have it hold all its value. But, I do want to buy brands and models that will allow me to maximize what I can recoup when my time with the bag is done. It will always be first “is it a great quality bag”, second, “do I love this bag”, and third “will I use this bag” when I’m selecting. But, the fourth factor of “does it have good resale value” is one I can’t ignore.
That all being said, I’m bopping myself on the head again

to remind myself that the most important thing is to
BUY WELL up front. If I love it and use it, resale value is a complete non issue. If I sold my
Fendi BTW today for a dollar it would still have been a good buy as I’ve worn it 48 times in the year I’ve owned it. In contrast, my second most expensive bag, my silver Dior hasn’t gotten nearly as much wear but, it’s my favorite bag so I’ll own for life. Resale is made irrelevant for both. So, as long as I stop being a dumb bunny up front, lol!, the back end will be fine.
I will say, though, this is making me rethink my move away from preloved. I think it’s just going to be a balance for me of new and preloved on a bag by bag basis. Some bags just won’t make sense (to me) to buy new and some it won’t make sense (to me) to buy preloved.