One of the great things about luxury designer bags is that they tend to hold their value well.
This is what makes them such good investments. If you buy a designer bag today, you can resell it in the future for pretty much the same price if it is well taken care of.
Most designer bags hold their value, like the ones from Gucci.
Here’s How Well Gucci Bags Hold Their Value:
Like most luxury designer bags, Gucci bags hold their value well, depending on the style of the bag. Most Gucci handbags can hold their value for up to 80%. Popular but limited designs will retain 100% to 120% of their value. At the same time, rarer styles have a much higher resale value.
What Gucci Bags Hold Their Value Best?
Gucci has produced hundreds of bag designs over the years – some more popular than others.
Here are the Gucci bags that hold their value best:
Gucci Neo Vintage Camera Messenger Bag
This bag is one of Gucci’s vintage-inspired bags. This bag is made of GG supreme canvas and has brown and yellow leather details and brassware.
While its name implies that it is a camera bag, this bag is fashionable enough to use as an everyday accessory. It is roomy enough to fit all your daily essentials and makes for a great statement piece.
On average, this bag has a retention value of 110%.
Gucci Vintage Double Belt Bag
Made from brown original GG canvas, this bag has brown leather trim and comes with the signature green and red strap. The strap can be adjustable.
It has two compartments – one has a flap closure while the other has a zipper closure. It also has a rear zip pocket to keep smaller items in.
Another Gucci hit, this bag has an average retention value of 105%.
Gucci GG Marmont Shoulder Bag
When this bag was first launched in 2016, it was an instant hit. It is vintage-inspired, featuring the iconic GG monogram print on its body.
This bag is also made of quilted GG canvas with brown leather trims and gold-toned hardware. It also features the GG logo on the front.
This bag is another good investment as it has an average retention value of 117%.
Gucci GG Marmont Flap Bag
This bag is a timeless piece made from leather with gold-toned hardware. It features the signature GG logo on the front, also in gold-toned metal.
The Marmont Flap Bag has an average retention value of 107%.
Gucci Neo Vintage Flap Belt Bag
This is another classic piece made from Gucci’s signature canvas material with the GG monogram.
It features the Gucci letter logo on its flap closure. It has brown leather trims, and it comes with an adjustable green and red signature strap.
This bag also has a good retention value averaging 111%.
Do Gucci Bags Go Up In Value Over Time?
Gucci bags are known to be a good investment in the fashion world with their timeless designs, excellent craftsmanship, and use of quality materials. They may be pricey, but they are worth it.
Gucci bags do go up in value over time. That is if they are given the proper attention and well cared for.
You can buy a Gucci bag today for $3,000; if you take good care of it, it may retain its value over time. Or its value may go up by 5% to 20% depending on the style and the design.
So if you currently own a Gucci bag, maintaining it is always a great idea. That involves cleaning the bag and storing it properly.
Even if you use it quite frequently, its value can still go up over time as long as it is in great condition.
When it comes to luxury designer bags, the rarer the design is, the higher its retention value will be.
How Much Are Gucci Bags Worth After A Few Years?
Since Gucci bags are made with excellent quality, they are known to last for years. The ones made of leather can even last for several decades before they show any visible signs of wear and tear.
Depending on the style and condition, Gucci bags are worth 105% to 120% of their purchase price if they are vintage and rare.
The more common pieces can retain their value by 65% to 100% of their purchase price. So if you own a Gucci bag now, you may be able to resell it for a higher price than what you originally paid.
If it is a limited edition piece that’s well-kept and maintained, you may be able to resell it for twice the price you paid.
Are Gucci Products Getting More Expensive? We did some digging!
How Much Are Vintage Gucci Bags Sold For Today?
Vintage Gucci bags came out in the 90s and early 2000s. Even if they are a few decades old, most of these bags still have a good resale value as long as they are in good condition.
These bags are hard to find. For one, they are no longer available in Gucci stores and on the website because they are old designs.
Another reason they are hard to find is that many of these bags were made in limited quantities at the time of their launch. Luxury brands like Gucci are notorious for making only a few pieces when launching new designs.
But you can still find these bags sold in pre-loved stores or third-party e-commerce shops.
Here are some of the vintage Gucci bags that you can buy online and how much they currently cost:
- Gucci Lady Lock 2-Way Bag – Made from ostrich leather, this bag features a signature lady lock and can be worn in several ways. This bag was released in the 90s and currently costs $2,160.
- Gucci Bamboo Flap Tote – This bag has a minimalist look with a bamboo accent and comes in a color that’ll catch your eye. This bag was released in the 2010s, and you can purchase it for $1430.
- Gucci Sequined Fringe Dragon Bag – Released in 2004, this limited edition Gucci bag has a sequined body with beaded detailing. It’s great as an evening bag and can be purchased for over $5,000.
- Gucci Sylvie Leopard Print Shoulder Bag – Made from calfskin, this shoulder bag comes in trademark stripes and features an oversized buckle. This bag was released in the 2010s, and it cost $1,960.
- Gucci Flower-Print Jackie Bag – Released in 1999, the design of this bag dates back to the 60s. This bag is one of Gucci’s most iconic designs, costing roughly $2,000.
- Gucci Interlocking G 2-Way Bag – This bag has a classic design that features the signature GG logo. It can be worn in two ways, and you can purchase it for around $1,440.
- Gucci Shelly Line GG Pattern Tote – Featuring the classic GG monogram design, this bag dates back to the 1990s. It is made from canvas and leather and comes with a tri-color strap. It costs $1,500.
Want to learn about 4 Brands That Cost More Than Gucci? Find out here!
Do Gucci Bags Hold Their Value As Well As Similar Brands?
Many people say that designer pieces are a good investment, and they are correct. While these pieces may come with a hefty price tag, they retain their value over time so that they can be really worth it.
Compared to other brands, Gucci bags can hold their value really well.
Gucci bags have the same retention value as other designer bags, like those from Prada, Christian Dior, Balenciaga, Bottega Veneta, and Yves Saint Laurent.
However, the luxury designer brand that holds their value best is Hermés, followed by Louis Vuitton and Chanel.
At the very least, Hermés bags can hold their value for up to 95% of their retail price if it is a common design. Meanwhile, the rarer ones can double, and even triple, in value.
Louis Vuitton bags can hold their value for up to 85% of their retail price, while Chanel bags just fall slightly behind at 75%.
Then again, this depends on the style of the bag. Pieces made in limited quantities at the time of their release tend to increase in value after a few years.
Are Gucci Bags A Good Investment?
Even though some people see Gucci bags as overpriced pieces of luxury items, they can also be a good investment.
These bags are known for their excellent quality and craftsmanship. They are practically works of art created by world-renowned designers. Plus, they are extremely durable and can last for several decades when given the right care and attention.
So if you own a Gucci bag, take good care of it. Store it properly and avoid sunlight, dust, and other natural elements that can cause premature wear. Stuff it inside so that it will keep its shape.
Clean it regularly. If it is made of leather, then use a leather cleaner, so you don’t risk damaging it. You can also bring it to a professional to give it some much-needed TLC.
Sources:
5 Gucci Bags Worth The Investment
10 Vintage Gucci Handbags To Invest In Now And Love Forever
Everything You Need To Know About Consigning Luxury Goods In 2022