Do you consider resale value when buying a bag?

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The thing is he knew I had that bag and....never carried it.
He just phoned me and said that a lady customer he knew had been looking for it and would fly here first thing if he found it for her.
All in all, it would take one week.....
He gave me a receipt but there was no mention of how long he would keep the bag should his customer standhim up....Silly me! The lady never came....
If you go to a consignment store, make sure of when you can take your K back if it doesn't sell ..
He sounds like a nasty piece of work, what a crook! We tend to trust people who seem to share our love of bags don't we? Sometimes they take advantage, you were fortunate to get it back.
 
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yes. it's a top consideration for me b/c i only buy in the price range of 4 digits, and i get bored with everything fast, including my bags. my style and preferences change very fast so i have to know i can turn around the brand and bag i buy. i would never keep a bag forever, i don't get that concept. so, i would rather spend 2k on a lux brand that will resell for close to the original price then 100-300 on something i have to throw out or donate.
 
A bag's investment value depends a lot on the brand and style, and my experience with buying (and eventually) reselling classic pieces is that I always break even, if not make a small profit.

Of course I don't think the resale value should be the primary deciding factor on whether or not you buy a bag, but it's nice to know that a bag can retain or even increase in value (thanks to the frequent retail price increases) if you do need to sell it.
 
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A bag's investment value depends a lot on the brand and style, and my experience with buying (and eventually) reselling classic pieces is that I always break even, if not make a small profit.

Of course I don't think the resale value should be the primary deciding factor on whether or not you buy a bag, but it's nice to know that a bag can retain or even increase in value (thanks to the frequent retail price increases) if you do need to sell it.

I don't get that logic. I don't think I would be suckered in to buy a bag that was purchased 10 years ago and the reseller is selling a bag she/he has carried for the past 10 years and selling it for the current retail price. Why not just go into the boutique and buy a new bag that is exactly the same?
 
I don't get that logic. I don't think I would be suckered in to buy a bag that was purchased 10 years ago and the reseller is selling a bag she/he has carried for the past 10 years and selling it for the current retail price. Why not just go into the boutique and buy a new bag that is exactly the same?
Usually the resale price would still be lower than retail, but depending on how much the retail price has increased over the years, the resale price could be higher than what the seller originally paid.

Of course this isn't the case with every bag and doesn't take into account inflation, but I'm just speaking from my own (albeit rather limited) experience reselling + what I've noticed when perusing the resale market.
 
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I find I don't really find it a compelling argument that makes me want to buy a bag any more than I already do just to have it (since I never buy a bag thinking I'm going to sell it). But, if I know there's no resale value then it makes me really think about if I want it since I know I'll have to eat the investment if it doesn't work or I tire of it.

Another (related) question: would you rather buy a preloved premier bag in good condition,or a brand new contemporary bag --if all other 'does the particular style get me excited ' aspects are equal....? There's the cache with premier designer branding of course which clearly puts a bounce in some people's step----and if you buy preloved and one day sell, you may not lose much at all in the big picture for having owned it. The brand new three digit price tag is a lot easier to budget in initially, but you may have to eat Most of it if you ever resell so the absolute cost of owning may be actually more.

Do you think of this stuff?
If I buy premier bag, I am more likely to think of resale, so I am more apt to choose the brands' classics. If I spot a contemporary one that makes my heart sing, I don't think it's that big a deal. It has to be that I like it and will definitely use if often, for example workhorse bags, I prefer to scout in contemporary brands.
 
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No never because it doesn't seem my taste(s) coincides with what's 'it', 'in' or very popular. Strangely, I could sell many of the bags my mother gave me, split the deal and make us both a profit but I like the bags too much too :giggle:. I'd rather have something that's totally me , happily my preference in shapes, styles, needs and colours don't appear to change very much, basically I go around as if starring in my own 1970s movie every day of the week :smile:

I think when people are in their teens and even 20s they think there are set bags that resell for high amounts because that's the way they've always been - in their experience. When you've been around for a little while longer (like me :coolio:) you know tastes change - even en masse and there are no dead certs, as with stocks and shares so too with bags.
 
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I don't consider the resale value at all when I buy a bag. I buy what I like and if I don't like it anymore, I just sell it at any price I can. This is probably not the best way to go about it but I don't buy bags to sell them to make a profit anyway. If that's your approach, that's when resale value is important to consider, otherwise, I wouldn't bother. To answer putting money towards brand new or preloved premier bags, it all comes down to what bag I want in the moment!
 
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