We Buy Pre-owned Luxury Bags

Factors that Influence the Value of Designer Handbags

Brand & Model :

It is perhaps the most important factor that we will consider to determine the value of your luxury bag. Every brand has its unique status and desirability level in the market. Moreover, rare handbags or iconic models are likely to fetch higher prices.

Some of the top brands that hold their resale value well with time include Hermes, Chanel or Louis Vuitton. However, factors like increasing popularity amongst collectors and media impact, as well as revamp of brands such as Gucci, or Saint Laurent, can also boost the resale value considerably.

Material :

Another factor that will play a significant role in determining your bag’s value is its material. Leather bags typically have a higher value than synthetic or fabric leather bags.

Moreover, bags made of exotic leathers tend to be rarer and thus, more expensive than others.

Differences only in the material can make a huge difference in the same bag model's final selling price from the same brand.

Condition :

Condition of your handbag will bestow a significant impact on the final value that we at The Luxury Hut are willing to offer. Thus, before heading out to sell your designer bag, make sure to ascertain its wear and tear.

Original Documents :

The original receipt, serial number label, certificate or any other documents will add to the overall value of your bag and eventually, will make the selling process faster. The fact is that these documents confirm the authenticity of your handbag. Thus, it is always better to retain them, especially if you have the intention to sell your luxury bag in the future.

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