When I mention market value, I mean the current market value. If the bag is less than two years old, you should probably take 15% off of the market value.ĭon’t be discouraged by taking away value from the market. This is particularly important because the buyer will never know how many times you’ve worn the bag. The better condition it is in, the better the price could be. If you want to sell your Chanel bag that has a few years to it, but is still in good condition you can get a pretty nice price on it. I think it’s appropriate to drop the full retail price 10% when selling a Chanel bag that is less than six months old and is in like-new condition.īags Less Than Four Years Old and In Good Condition Potential buyers don’t have the assurance from you that they would have with buying a bag from a boutique. This is because of the common risks involved in purchasing a bag from a re-seller. As soon as you purchase a Chanel bag from the boutique it’s re-sell value drops. That would make a lot more sense, right? If you’re considering selling a brand new bag know that you will not be receiving full price for it.Īlways keep in mind that you must match the price of the bag with its value. Why pay retail price for a new bag from a re-seller when you can just get a brand new bag from a Chanel boutique for the same price. This is because no one would pay retail price for it. It’s not really a good idea to sell a brand new bag. It all depends on what people are willing to pay for your bag. It’s apparent that you want to sell your Chanel bag for the highest price possible, but that’s not really realistic. You can’t sell a damaged bag at the price of a gently used one. You should keep in mind that the price should match the value of your bag. Now, the question is at what price your bag should be set. I’ve already discussed the risks in selling your Chanel handbag, along with some tips.
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