How much should you spend on a Chanel bag?

chanel bag pinterest graphic with ombre pink chanel bag and text

Buying a Chanel Bag whether you buy it in the boutique or you buy it used is an experience but it also requires strategic planning or budgeting. Each potential customer has to think about how much she wants to spend on a Chanel bag, how much she has available and how she is going to buy the bag itself. Personally – I am just a fan of buying a Chanel bag new instead of used. Why? I prefer new luxury bags because I like the idea that the bag is brand new and therefore it can be moulded & sculpted to you and your personal tastes. I also don’t like the idea of buying a used bag but you can still use my financial tips to buy a Chanel bag – just adapt it to the fact that the bag is used.

How much should I pay for my Chanel bag?

The most important thing is that you should only spend what you can afford. One of the biggest mistakes people make with luxury bags whether it is Chanel, Fendi or Louis Vuitton is that they overspend in order to buy a bag. You should not get into any debt to buy a handbag. If you are buying a Chanel bag new, you will be paying the list price that you can search online. My personal preference is Boy Bags and the new trendy releases from the brand so these tend to start at $2K+ for the smaller sizes.

How do I pay for my Chanel bag?

When you are in-store, you can pay via card or cash. Depending on what your bag costs, you should let your bank know that you will be making a big transaction so that they do not flag your card.

How should I budget for my Chanel bag?

Buying your Chanel bag depends on what job you have or your current financial situation. I prefer people to buy the bag once they are in a good space financially in terms of saving. You should be buying the bag once you have savings not the other way around. If I want to make a bag purchase in general, I plan at least 3-4 months ahead.

Don’t forget to read my indepth financial guide on how to buy a Chanel bag if you need more tips & guidance, and you can also read Chanel Boy Bag 2019 current pricing by clicking here.