The Investment Value of Prada Purses
Prada purses will hold your money—both literally and metaphorically—if you handle your investment right. These name-brand bags are a symbol of luxury and value—a fact that’s reflected in their resale rates.
With Prada purse consignment, selling your handbag or finding a pre-owned bag is easier than ever. However, your best investment value will depend on the type of Prada bag, the consignee you choose, and many other factors.
The Investment Value of Prada Purses
Very few investments guarantee a full return or profit. Nevertheless, the Prada brand has a well-established collector base and ranks in the world’s 10 leading luxury brands. Prada handbags and purses can still be worth your money if you manage your investment right.
New Prada purses cost hundreds or thousands of dollars, depending on the specific bag. Many purses re-sell for the same value or more than their original prices, but every investment varies. The most cost-efficient way to sell your Prada handbag is usually to consign it through a dependable marketplace.
Factors that can impact your investment value include:
- Quality and material
- “Wear and tear”
- Product age
- Product availability
- Product popularity, including its color and style
- Your resale or consignment strategy
Beyond the numbers, Prada handbags can be great personal investments. These iconic and prestigious purses can say a lot about your identity and tastes while boosting your style and self-confidence. Additionally, since they’re made of nylon, they’re also durable, waterproof, aesthetically versatile and of good value compared to competitors.
With proper care, pre-owned Prada purses can sell for at least a sizable portion of what you originally paid. This way, you don’t completely lose your initial investment after wearing your bag for a few nights.
Popular Types of Prada Purses
From Saffiano to Tessuto, there are many names and styles to know when it comes to Prada. Find your best Prada handbags and purses.
Shoulder Bags
Prada shoulder bags remain one of the brand’s most popular types of products. Most are small and out-of-the-way while still providing enough room for your essentials. This makes them both stylish and manageable accessories that go well with almost any wardrobe.
The Spazzolato Cleo shoulder bag, in particular, is beloved for its timeless, retro look. Its slightly arched shape makes it stand out from other shoulder and body bags. The Cleo shoulder bag’s long-lasting appeal makes it an especially great long-term investment.
Other popular Prada shoulder bags include:
- Enameled metal triangle shoulder bag Re-Edition 2000
- Tessuto Re-Edition 2000
- Saffiano leather shoulder bag
- Scamosciato Suede shoulder bag
- Spazzolato leather shoulder bag
- Vitello Daino leather shoulder bag
- Nappa soft leather shoulder bag
Tote Bags
Prada’s closed and open totes often have excellent consignment value, especially if you maintain their quality. Most of the brand’s elegant totes are more spacious than other Prada bags without feeling awkward or oversized.
Prada triangle logo totes are notably great investments. The triangle logo is a mark of the company’s quality, craft and luxury. It clearly conveys the bag’s quality and the wearer’s sense of style. When it’s blazoned on a handbag, it’s undeniably one of the company’s best.
The triangle logo totes’ open tops and unlined pockets keep your belongings easily accessible, and the rolled handles provide excellent grip. Most feature small, metal feet, so you don’t have to worry when setting them down.
Prada’s high-quality tote bags also include:
- Raffia tote
- Nappa leather tote
- Saffiano leather gardener’s tote
- Vitello Daino leather tote
- Tessuto nylon tote
Hobo Bags
Prada Hobo bags combine many of the best features of shoulder bags and open totes. They’re often more spacious than shoulder bags while maintaining a crisp, elegant arch shape. Though every Hobo differs, many feature leather trim, interior pockets, dependable zippers and gold-tone chains.
2000 and 2005 Re-Edition Hobos often hold excellent investment value because of their wild popularity and high initial costs. The Saffiano Lux Re-Edition 2005 Hobo is a trendy and long-lasting crossbody bag blazoned with the Prada Triangle logo. That said, your investment value may depend on the color you choose.
The most popular Prada Hobo bags also include:
- Tessuto Hobo
- Vitello-Trimmed Tessuto Hobo
- Saffiano-Trimmed Tessuto Re-Edition 2005 Hobo
- City Calf Leather Hobo
- Cristal Re-Edition 2000 Hobo
Crossbody Bags
Crossbody bags don’t just have longer straps—most also have exterior pockets, durable closures and subtle styles. Many Prada crossbody bags maintain dependable investment value depending on their popularity and availability.
Trending crossbody bags include:
- Canapa crossbody bag
- Glace Calf crossbody bag
- Saffiano Cuir leather crossbody bag
- Tessuto Nylon messenger bag
Cahier Bags
Prada Cahier bags are usually much smaller than crossbody bags with similarly sized straps. The bags are often durable, box-shaped, and bordered with noticeable accents. They’re perfect, out-of-the-way accessories that maintain an active consignment market.
Popular Prada Cahier bags include:
- Saffiano Cahier wallet on chain
- Spazzolato Leather Cahier
- City Calf Leather Cahier
- Prada Velvet Cahier
How To Consign and Sell Your Prada Handbag
Prada purse consignment works differently than other resale processes. Rather than being paid upfront, you’ll arrange for a third party to hold and sell your purse for you. Once your bag sells, you’ll receive a payout.
You’ll often make more from consigning your handbag than selling it to a private reseller or posting it on social media. Every arrangement differs, so you should research every platform’s consignment rate and credibility before selling your Prada.
Follow these steps to consign and sell your pre-owned Prada bag:
- Contact a consignee: Once you’ve found a reasonable consignment rate, get in touch and discuss what you’re selling.
- Ship your bag: Ship your package, schedule it to be picked up, or even drop it off at your consignment location if you live nearby.
- Hang tight: It may take a moment for the Prada experts to evaluate, market and sell your bag, especially depending on when you drop it off. Many consignees will wait an extra few months to secure a better sale.
- Get paid: Most markets offer direct deposit, check and site credit payment options.
Consigning Your Prada Handbag
The RealReal offers an industry-leading consignment rate of up to 85% of your bag’s sale price. In doing so, we guarantee you maintain most of your potential sales and investment.
Consign your Prada handbag with us today!
