How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices

There is no woman on the plant earth that is not dreaming of a handbag by Chanel. Their purses and ready-to-wear are timeless classics that always look chic and elegant. But what to do if you can’t yet afford a brand-new Chanel bag from the store, but really want one? Buy it pre-loved, of course! Are you wondering How Much Are Chanel Purses on the Resale Market? We are about to give you a detailed answer. 

 

How Much Are Chanel Purses on the Resale Market?

Today, the resale and secondhand market is experiencing a real boom. There are several reasons for that:

 

Sustainability

People are getting more conscious and choose a more sustainable approach, which is to stop overconsumption and start reusing things as much as possible, clothes and bags included. Read more on How Can You Protect The Environment By Buying Luxury Handbags: Pre-Loved Luxury and Sustainability. 

 

Love for vintage purses

Many luxury bag fans prefer vintage purses over new ones, especially when it comes to classic models like Louis Vuitton Neverfull or Chanel Classic Flap. Why? They say that vintage purses, even though they are several years old, are of better quality than the same models but manufactured recently. Purse lovers complain a lot that the quality of handbags is decreasing these days. And, of course, time goes by, certain items get discontinued, and the secondhand market is the only place you can find them.

 

Regular luxury bags price increases

We all saw fashion houses raise their prices several times last year, and it seems that each time these increases are just more and more steep. Check out fashionistas’ opinions when Chanel Increased Prices Worldwide for the Second Time in July 2021.

 

Unavailability of popular items in official stores and on the website

There are more and more threads on forums and Facebook with people complaining that they have been stalking a certain item for several months! And usually it is not some hot model that just got released, but timeless classics that have been on the shelves for many years.  It can be due to recent COVID-19 lockdowns or fashion brands' pursuit of exclusivity. Whatever the case, people start to look at the secondhand market to save time and money. 

We know how exhausting it can be to search for a bag, especially on the resale market, especially if you are new to pre-owned luxury purses world. So, we have researched the most popular and credible resale platforms and compared their price ranges for the most popular Chanel purses. We have also identified the average price across all the platforms. Please, keep in mind that the price for limited editions, exotic leathers and certain colors may vary greatly. 


Chanel Classic Mini Square Flap Bag 

Official price: starts at $4,200

Average resale price: $4,513

Rebag: $4,765 - $6,005

The Real Real: $3,000 - $5,500

Fashionphile: $2,860 - $6,150

Yoogi’s Closet: out of stock

Facebook Reetzy groups: $2,300 - $5,950

How Much Are Chanel Purses on the Resale Market? chanel mini square flap

As you can see, the lowest price for a Chanel Classic Mini Square is found on Fashionphile and Facebook. Interestingly enough, the highest limit is also on Fashionphile, and the average resale price is actually higher than the official one. It can be easily explained - Chanel Mini Square is very popular and difficult to find in stores, so there are many resellers who have been lucky to snatch a brand-new bag and are now selling it at a higher price than retail. And, please, keep in mind that on the pre-loved market there are Chanel Minis in fairly good condition for almost half the price. 

 

 

Chanel Classic Mini Rectangular Flap Bag

Official price: starts at $4,400

Average resale price: $5,097

Rebag: $3,510 - $8,685

The Real Real: $3,000 - $6,800

Fashionphile: $3,895 - $8,195

Yoogi’s Closet: out of stock

Facebook Reetzy groups: $2,450 - $6,249

How Much Are Chanel Purses on the Resale Market? chanel mini rectangular flap

For Chanel Classic Mini Rectangular Flap Bag, the average resale price is almost $600 higher than the retail price for the most basic model. The lowest price for the rectangular Mini is found on The Real Real and, again, on Facebook. 

 

 

Chanel Classic Small Flap Bag

Official price: starts at $7,100

Average resale price: $5,688

Rebag: $3,185 - $8,355

The Real Real: $3,550 - $6,000

Fashionphile: $2,625 - $11,495

Yoogi’s Closet: out of stock

Facebook Reetzy groups: $2,940 - $7,600

How Much Are Chanel Purses on the Resale Market? chanel small flap

Finally, the average resale price is around $1000 less than the official retail price. Again, the highest and the lowest limit of the resale price is found on Fashionphile. The Real Real and Facebook also have good starting prices. 

 

 

Chanel Classic Medium Flap Bag

Official price: starts at $7,800

Average resale price: $5,587

Rebag: $3,695 - $8,675

The Real Real: $3,500 - $6,800

Yoogi’s Closet: $3,795 - $6,195

Fashionphile: $3,595 - $11,545

Facebook Reetzy groups: $2,450 - $7,899

How Much Are Chanel Purses on the Resale Market? chanel medium flap

When it comes to Chanel Classic Medium Flap, the starting price across all the resale platforms is almost the same, only Facebook stands out, there you can find this timeless Chanel classic much cheaper. Fashionphile, again, boasts the highest limit. 

 

 

Chanel Boy Bag (all sizes)

Official price: starts at $5,400

Average resale price: $4,704

Rebag: $4,465 - $6,845

The Real Real: $3,300 - $5,800

Yoogi’s Closet: $2,975 - $4,195

Fashionphile: $3,290 - $6,310

Facebook Reetzy groups: $2,800 - $5,900

How Much Are Chanel Purses on the Resale Market? chanel boy bag

Chanel Boy Bag is also one of the bestsellers of the fashion house. The price range for this purse is similar on all the resale platforms. That means that you don’t need to focus on only one or two of them, and that vastly increases the number of affordable options in fairly good condition. 

 

 

Chanel 2.55 Reissue (all sizes)

Official price: starts at $7,800

Average resale price: $4,063

Rebag: $2,780 - $6,415

The Real Real: $3,300 - $6,500

Yoogi’s Closet: $2,775 - $5,195

Fashionphile: $2,395 - $6,995

Facebook Reetzy groups: $2,300 - $7,100

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel 2.55 Reissue

 


The price for Chanel 2.55 Reissue is almost uniform on the secondhand market. The cheapest options are found on Fashionphile and Facebook. 

If you want to learn more about Chanel classics, check out Which Chanel Bag to Buy First if You Want Classics: Top 3 Most Iconic Chanel Bags

 

 

Chanel 19 Bag (all sizes)

Official price: starts at $5,700

Average resale price: $6,094

Rebag: $4,945 - $7,370

The Real Real: $4,800 - $6,500

Yoogi’s Closet: out of stock

Fashionphile: $4,565 - $8,995

Facebook Reetzy groups: $3,500 - $6,289

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel 19 Bag

Again, on Facebook, there are sellers that offer the popular Chanel 19 bag for less money than on the resale platforms. And we can see that the average resale price for this model is higher than the retail one. 

There is an obvious reason behind this, find out if Chanel 19 Bag Is Worth Buying in our Ultimate New Chanel “It” Bag Review.

 

 

Chanel Wallet On Chain (all styles)

Official price: starts at $2,300

Average resale price: $2,677

Rebag: $2,325 - $3,775

The Real Real: $1,695 - $4,500

Yoogi’s Closet: $1,695 - $2,695

Fashionphile: $1,475 - $4,875

Facebook Reetzy groups: $1,450 - $4,000

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel Wallet On Chain

Chanel WOC is a must-have in a fashionista’s wardrobe. No wonder, resale platforms are flooding with options for every taste and budget, except for Yoogi’s Closet where this model is practically out of stock. 

 

 

Chanel Gabrielle Bag (all sizes)

Official price: starts at $5,000

Average resale price: $3,703

Rebag: $3,035 - $5,410

The Real Real: $2,800 - $5,300

Yoogi’s Closet: $2,695 - $3,795

Fashionphile: $2,695 - $5,145

Facebook Reetzy groups: $1,299 - $4,950

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel Gabrielle Bag

As you can understand looking at the average resale price, Chanel Gabrielle doesn’t hold its value very well, still you can find a lot of listings on the resale platforms. The starting price is twice as low as the retail. So, if you are looking for one, be sure to check the secondhand market - you can save a lot of money!

 

 

Chanel Grand Shopping Tote

Official price: discontinued

Average resale price: $2,660

Rebag: $2,480 - $3,575

The Real Real: $1,760 - $3,400

Yoogi’s Closet: out of stock

Fashionphile: $1,890 - $3,670

Facebook Reetzy groups: $1,200 - $3,737

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel Grand Shopping Tote

 

Sadly for many luxury bag lovers, Chanel Grand Shopping Tote was discontinued in 2015. The most popular hues were black and beige, and exactly these models are found on the pre-loved market. There you can get this nice and comfortable everyday tote for less than $4,000 !

 

 

Chanel Coco Handle Bag (all sizes)

Official price: starts at $4,200

Average resale price: $4,728

Rebag: $3,330 - $5,280

The Real Real: $3,800 - $5,300

Yoogi’s Closet: out of stock

Fashionphile: $3,695 - $7,995

Facebook Reetzy groups: $2,980 - $6,000

How Much Are Chanel Purses on the Resale Market? Retail vs Resale Prices Chanel Coco Handle Bag

The choice of pre-loved Chanel Coco Handle Bag on Rebag and The Real Real is quite limited, so if you are looking for one, turn your attention to Fashionphile and Facebook. Interestingly enough, the price limit on all the platforms is higher than the official retail price for the biggest Chanel Coco Handle. 

 


Where To Buy Popular Chanel Purses Pre-Loved 

Judging from our small research, we can state that you can definitely save money purchasing from a private seller on Facebook rather than from a resale platform. It can be easily explained - almost all platforms charge some fees for their services, up to 30-40%, except for Rebag, it is completely free. 

We hope now you have a better understanding How Much Are Chanel Purses on the Resale Market? If you want to check price on other websites and platforms, here is the list of 40+ Best Places To Sell Your Used Clothes Online For Cash

If you are buying pre-loved, be sure to always order professional authentication, especially if you are buying from a private seller, but not only. Read How You Can Buy a Fake Bag From A Reputable Consignment Store

 

If you need to authenticate a Louis Vuitton, Gucci or Dior item, please order one of the three types of authentication:

Verbal Authentication $10

  • good when you need to know whether the bag is real or fake for yourself (e.g. when you are buying an item)

Certificate of Authenticity $25

  • good when you need a certificate for any reason, either to sell the bag with the peace of mind or to return a fake bag to the seller if you purchased a fake
  • includes a permanent certificate on lvbagaholic.com

Certificate of Authenticity with a thorough explanation $50

  • good when you need a certificate and you need to know why the bag is authentic/not authentic for any reason, either to sell the bag with the peace of mind or return a fake bag to the seller if you purchased a fake.
  • includes a permanent certificate on lvbagaholic.com
  • includes an explanation of why the item is fake (detailed pictures and comparisons with an authentic bag, more than 10 pics included)

PLEASE CHOOSE ONE OF THE OPTIONS BELOW

 

Related Posts

Fendi x Versace Collection: Fendace Handbags
Fendi x Versace Collection: Fendace Handbags
In a world where you have to overcome your competitors to stay on top, two luxury Italian brands did an impossible. V...
Read More
YSL Loulou vs YSL College: Your First YSL Bag
YSL Loulou vs YSL College: Your First YSL Bag
Saint Laurent is one of the most controversial luxury brands of our time. One of the reasons behind its current succe...
Read More
Wardrobe Essentials: What Purses Should Every Woman Own?
Wardrobe Essentials: What Purses Should Every Woman Own?
No matter how much we love shopping and bags, sometimes, it’s time to stop purchasing the same models and stocking sh...
Read More

Deja un comentario