3 Best Louis Vuitton Bags That Holds Its Value and Enjoy for a Long Time
Girls who love luxury brands know that LV is never discounted. As one of the most prestigious luxury brands today, Louis Vuitton is a symbol of quality, durability and practicality, and is synonymous with style and innovation. There is great confidence in its own brand and products which makes LV's brand value always ranks high in the field of luxury goods.
When it comes to investing in a luxury handbag, it's obviously crucial to find a style you really love and to know which handbags will hold their value and never go out of style. A well-chosen designer bag really can last you forever, and even become a family heirloom after you're gone. Louis Vuitton is undoubtedly on the wish lists of many fashionistas and designer bag collectors from all around the world.
Average Retail Price: $1,000 - $2,600
Average Used Price: $500 - $2,000
Speedy is the oldest bag of the three classic models of Louis Vuitton, and available in various sizes. The Louis Vuitton Speedy originated in the 1960s. It was a smaller version of the Keepall (commonly known as the Louis Vuitton duffle/travel bag). It was specially made for Audrey Hepburn. Then it became the first handbag designed for everyday use and one of the most popular.
The Monogram Speedy 30 is the most popular size of the Speedy family, which also includes Speedy 25, 35, and 40. The size and capacity of Speedy 30 meet the needs of most women's heights. If you're looking for a bag to love and eventually resell, the Speedy 30 is the one to pick.
It's a classic bag which can last reputation for many years, and the value preservation in the second-hand market is also very good. Louis Vuitton often releases Speedy's limited-edition versions within its seasonal collections, the value of which increases years after year.
The percentage increase in price of the Louis Vuitton Speedy is stark. Over the last 4 years from 2014 to 2018 we have seen a 25% increase in price.
Average Retail Price: $1,200 - $2,200
Average Used Price: $600 - $2,000
With its endless iterations, the everyday tote has become one of Louis Vuitton's all-time most successful and best-selling bags that come in endless options of materials as well as limited editions and special artist collaborations.
If you are looking for a roomy handbag to carry from the office to the shopping center, you have just found "the one". It is now considered a true classic.
The Neverfull comes in 3 sizes: The PM is the smallest size, best for petite carriers. The MM is best to carry every day. The GM is recommended for travel and work. No matter what size, the bag's name suits, it truly is "never full".
The Louis Vuitton Neverfull remains popular due to periodic price increases and high demand. And it's important to note that the resale value of this bag is close to the current retail price. If you want to start investing in designer bags, the Neverfull is a smart choice.
The Neverfull was introduced in 2007 and an MM (medium-size) was a mere $645, as compared to 2016’s price of $1260. That’s almost a 100% price increase. The Neverfull retains at least 85% of its resale value, unless it's a rare limited-edition bag, which can see upward of double the resale value. The resale price has increased by 65 per cent between 2012 and 2017, according to Vestiaire Collective. In 2017 you can recoup over 80 per cent of the retail price.
Average Retail Price: $1,100 - $2,780
Average Used Price: $500 - $2,000
This bag dates back to the year 1932, making it the second oldest Louis Vuitton handbag. Known as the world's first bucket bag, the Louis Vuitton Noé was originally designed to satisfy a French Champagne producer's dream to finally carry a bag that could transport five bottles of wine all at once. The third generation of the family, Gaston Louis Vuitton personally designed the Noé.
The original Noé was made of pale-colored leather, like the color of champagne that it was supposed to carry. Today it serves as a utility bag with style and carries every it girl's dream.
Noé: 26 x 34 x 19; Petit Noé NM: 25 x 27 x 20; Noé BB: 22 x 24 x 15; Noé Noe: 15.0 x 16.0 x 10.0. Now the Noé can be found in many different materials and prints, from Damier Azur to Monogram and its variations, as well as a range of Epi Leather. With the classic monogram canvas as the most popular textiles available for the Noé, it is also the most common.
Depending on the style, the size, and the era of the handbag, LV Noé bags range from $1100 to $2780, with some exceptional pieces fetching higher prices. Whether you're breaking in a brand new Noé, or giving some love to previously owned Noé, you can feel the historical significance of such a groundbreaking handbag.
Whether you're looking to start your collection with a popular Louis Vuitton bag or looking for your next bag to invest in, these 3 classic LV bags are the perfect combination of function, fashion, and fiscally responsible from an investment standpoint.
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