Yes this why I am very shy about buy any designer bag these days. I have a small wristlet that I bought probably 8 years ago, admittedly it was from outlet, and the plasticky undetachable strap has cracked in the bend, really all along the whole strap, so it is pretty much unusable now. But then another wristlet has a leather strap, and it is going strong.
I started looking at LVs before I got on my vintage
Coach kick and I was so shocked at how the used LVs were cracked and split along the edges of the canvas and around the corners. Burberry was the same. I determined pretty quickly that it was just not worth over $1000 for a bag that will wear and tear just the same as, if not faster than, the cheap stuff. I did buy one new bag from the Coach website last month that had the plastic type of canvas but it was 50% off, so only $260, and I hope I don't regret that in a few years. At full price even, that seems to be entry level spending for some folks. I can't imagine! If I can't get a recently released style on super sale for around $100-$200 (contemporary designer of course, not the high end stuff), its just not ever going to live in my closet. For the wear and tear that happens, I just cannot invest very much. That goes for Michael Kors and Kate Spade, any designer that uses that plastic canvas material.