Is anyone else fed up with all the talk of resale value?

[2cello]

Really, in a recession people are paying near full price for a used Chanel? Hmm. The logic of not buying new makes sense but seems odd that people would drop near full price on a used bag. We'll see how it goes I would imagine.

 

[CocoGlitter]

Yea I don't care about the value either, because I buy bags to past down and for fun, I don't sell them.

 

[Amazona]

I think monitoring resale so that you can purchase an item you already have on your wish list makes absolute sense.

Asking the resale cost of items before you’ve even bought them, or decided which one you really want is what I’m fed up with hearing.

IDK who else starts threads on resale value besides people considering a new brand or style. Frankly, I don't care who started the thread or why - if there's some good convo on resale, I just read the threads with much interest...so still a no, not fed up or tired!

 

[BlueCherry]

IDK who else starts threads on resale value besides people considering a new brand or style. Frankly, I don't care who started the thread or why - if there's some good convo on resale, I just read the threads with much interest...so still a no, not fed up or tired!

If I saw a thread with the title containing “resale” I wouldn’t read it nor post in it.

Look at the Céline forum if you want to see unnecessary “talk of resale” that randomly appears in a thread with an interesting title.

Frankly I’m fed up with the talk of resale when I just want to read a thread that the title infers is nothing to do with “talk of resale”.

 

[Yoshi1296]

I think I'm in the minority but I do love the idea of something holding some sort of resale value. Bags entirely aren't investments and I know that, but I've made a lot of terrible decisions when buying bags that I never used. Luckily, there was some sort of resale value for them and I was able to sell them to make some kind of money back. I still lost a lot, but much better than not making anything at all.

I also don't understand why talking about resale value bothers some folks lol

 

[Yoshi1296]

When choosing a luxury bag, I do like to consider the resale value because for me, the fact that I can sell it for at least a portion of what I paid makes ME feel better about my spending on a luxury bag. Specifically though, because I bore easily and worry about buying a very expensive bag and finding out after a few wears, or even longer, that it either doesn't work for my needs, or I just don't like it any more. This said, I do tend to wear very carefully the first few times, in case I decide rather quickly that I don't like it as much as I thought I would-easier to sell a "like new" bag for less $ loss. But, after I've determined that it's a keeper for at least a while, I'll wear regularly with less concern, but I still know that if I do eventually sell it, I will sell at a loss and be happy to have some funds towards another bag that will be my next best try, and someone else will get a good deal on the one I would otherwise have just let sit on my shelf. Might be twisted thinking but if I didn't know I could recoup a portion of the price when I'm bored with it, I probably wouldn't be comfortable buying it...that's probably just me.

This sums it up perfectly for me!

 

[BlueCherry]

I think I'm in the minority but I do love the idea of something holding some sort of resale value. Bags entirely aren't investments and I know that, but I've made a lot of terrible decisions when buying bags that I never used. Luckily, there was some sort of resale value for them and I was able to sell them to make some kind of money back. I still lost a lot, but much better than not making anything at all.

I also don't understand why talking about resale value bothers some folks lol

I get you, I really do.

But if you go to the start of the thread you’ll see that it was designed as a place for those of us that are fed up with it to voice this. Hence the obvious title. We all did this with humour until some posters came on to object ... maybe the same type of people that stress about every perceived blemish their bag suffers.

 

[Evia]

I think I'm in the minority but I do love the idea of something holding some sort of resale value. Bags entirely aren't investments and I know that, but I've made a lot of terrible decisions when buying bags that I never used. Luckily, there was some sort of resale value for them and I was able to sell them to make some kind of money back. I still lost a lot, but much better than not making anything at all.

I also don't understand why talking about resale value bothers some folks lol

Me too, I’m happy my bags hold value, but when so many threads become discussions about the buy/sell churn or about nit picking over invisible flaws I find it very dull.

 

[Catash]

I love my bags and they are not an investment.

I buy them if/when I can afford them and I use them with absolute joy.

The thought of selling them or constantly worrying what they’re worth if I scratch one, use it too much, if it becomes dated, if the designer quits, if IG bloggers suddenly hate it, if it becomes common .... and on it goes ... doesn’t matter to me.

What are your thoughts?

I started collecting designer bags 4 years ago. I bought and sold a lot, and now I have a stable collection. There are bags that I love. For instance my PS1. I love the size, the compartments, the back pocket... I can carry it for work, on weekends or on a business trip. I feel comfortable carrying it because it's not obviously designer. Even the shoulder strap length is perfect for my petite frame. It's not really in style, and the resale value is low, but it is so "me".

The IG bloggers... Most of them just copy each other's style, including bags.

 

[Murphy47]

I started collecting designer bags 4 years ago. I bought and sold a lot, and now I have a stable collection. There are bags that I love. For instance my PS1. I love the size, the compartments, the back pocket... I can carry it for work, on weekends or on a business trip. I feel comfortable carrying it because it's not obviously designer. Even the shoulder strap length is perfect for my petite frame. It's not really in style, and the resale value is low, but it is so "me".

The IG bloggers... Most of them just copy each other's style, including bags.

IG and YouTube videos can be fun, I suppose. Seems to much like Junior high school to me.
Too much angst over minutiae

 

[ccbaggirl89]

Really, in a recession people are paying near full price for a used Chanel? Hmm. The logic of not buying new makes sense but seems odd that people would drop near full price on a used bag. We'll see how it goes I would imagine.

Yes I saw this too and was People do not spend during recessions, especially on new items. It's much harder to sell off what you have because you'll get lower prices - more people sell off their bags and the resale companies can offer less, so it's a buyer's market. People with money saved and great credit scores can score big-time during recessions because they can take advantage of the market and low interest rates that encourage buying new (so some people will buy new cars and bags and homes). It works that way with any item of residual value in recession - those with money often make more money and those in need of money take a hit. I resell my bags during good economic times only (like the past two years and current), and wouldn't wait for a recession period to sell off items.

 

[canto bight]

Really, in a recession people are paying near full price for a used Chanel? Hmm. The logic of not buying new makes sense but seems odd that people would drop near full price on a used bag. We'll see how it goes I would imagine.

I think that sounds strange too. Though when someone was trying to get me to sell Arbonne during the recession, they said that the beauty industry was the only industry that didn’t take a hit during the downturn. In fact, they said, it made more money.

 

[Murphy47]

I think that sounds strange too. Though when someone was trying to get me to sell Arbonne during the recession, they said that the beauty industry was the only industry that didn’t take a hit during the downturn. In fact, they said, it made more money.

I agree.
My bags all sold at asking. Many for exactly what I had paid.

 

[2cello]

I think that sounds strange too. Though when someone was trying to get me to sell Arbonne during the recession, they said that the beauty industry was the only industry that didn’t take a hit during the downturn. In fact, they said, it made more money.

I have heard beauty products do well in a recession because it is a relatively inexpensive luxury. A $40 lipstick is where you splurge instead of a $4,000 bag.

 

[canto bight]

I have heard beauty products do well in a recession because it is a relatively inexpensive luxury. A $40 lipstick is where you splurge instead of a $4,000 bag.

Very true and somehow the $40 lipstick always feels more exciting.