Luxury brands carry the stigma of being a “splurge,” but the reality is, they are very good investments. Aside from the high-quality goods and the social value it gives, luxury brands actually have high resale value.
There are smart and strategic Filipinos who actually make a business out of it by investing on those brands that rarely go on sale, appreciate over time, and are considered limited editions—very much like investing in real estate.
If you have a penchant for luxury brands and would like to splurge once you have extra funds for it, consider these brands for their high resale value, as you can resell them at a higher price if you do not enjoy using them anymore or want to replace and upgrade your item. Further, pawnshops even appraise them highly.
Hermes
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Resale marketplaces consider Hermes as the top brand that retains the most value over time. Its limited edition, not available for online purchase, Kelly and Birkin bags always have a long waitlist of buyers, which further ups its value on even pre-loved or secondhand items.
For instance, there are pre-owned crocodile Birkin handbags selling for upwards of $70,000, with leather versions anywhere from $10,000 to $30,000. Hermes’ jewelry line even has a high resale value—the Hermes Clic Clac bracelet is a classic example.
Cartier
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Cartier love bracelets are the item of choice because of its classic charm that simply never goes out of style. This particular collection remains as an iconic symbol of love and romance since the 1970s.
Women love this bracelet, as it is studded with diamonds that come in either yellow gold or rose gold—proving that it really is a timeless piece.
Chanel
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Chanel’s iconic flap bags have been around for decades and have never depreciated. In fact, Chanel’s annual rising prices have made it a more appealing brand in the resale market.
Like Hermes, Chanel doesn’t sell its good online creating a perception of purity and amps the “covetable” value of their items.
Bulgari
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Bulgari’s classic Serpenti and Tubogas lines top the list for secondhand shoppers because of its classic and elegant designs with a slight touch of modernity to keep pace with women’s ever-changing taste.
Inspired by the dynamism and power of a serpent, these Bulgari pieces go through a meticulous process of craftsmanship that truly make it luxurious.
Rolex
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Rolex Cosmograph Daytona pieces are the most popular and sought-after Rolex item in resale, but all Rolex items have great resale values as well.
Its amazing yet reliable chronograph and bezel enables drivers to measure average speeds or miles per hour, whichever they prefer—making it more than just a timepiece in the world of motor sport.
Louis Vuitton
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A classic mainstay of luxury items to collect, Louis Vuitton, with its many styles and patterns of bags, have always been a popular choice for reselling.
Most of the time, those who resell their LV bags do so to upgrade to higher (or more expensive) items in the luxury brand market.
Christian Louboutin
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This French luxury footwear, Christian Louboutin, is easily recognized by people from different parts of the world for its iconic red-lacquered soles. This particular part of the shoe has helped the brand earn its value as the best and longest luxury good from hundreds of designer brands.
Pre-loved Loubuotin shoes sell fast—with their prices almost the same as new purchases even.
Givenchy
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Givenchy’s Antigona bag line appeals to the classic and trendy shopper, so it’s no surprise that they have very high resale value as well.
Its pebble goat leather, envelope flap with Givenchy’s metal logo, and amazingly spacious interior prove that it is a must-have bag for women of all ages.
Subaru
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Fuji Heavy Industries’ Subaru was recognized as the automobile brand with the best resale value among automakers in 2015.
At 36 months, the Subaru Impreza can reach a 57.4% increase in its resale value, while at 60 months, it can go up to 43.4%.
Lexus
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Lexus, meanwhile, was named as the best luxury brand for resale value because of its unsurpassed reputation for quality and reliability.
The value for resale of luxury items depends on the brand’s reputation, frequency of sales (if they frequently hold discounts, value depreciates), and the iconic style it gives.
If you own luxury items that you would to dispose of, or caught up a situation when you need cash for short-term, consider pawning your luxury item at PawnHero instead of availing of a bank loan. And don’t limit luxury items to just jewelry and bags. Luxury cars have very high resale value! In fact, PawnHero accepts cars too!
We offer the lowest interest rate in the market at 2.99%. Better yet, you can transact with us anywhere, anytime with only three steps!