4 ms·
Resale value of luxury items seems very odd to me. If the original purpose of buying it was that it was intentionally luxurious and decadent, where is the mark
by yalurker 17y ago
Resale value of luxury items seems very odd to me. If the original purpose of buying it was that it was intentionally luxurious and decadent, where is the market for buying it second hand?
Obviously other people won't know you bought it used, but it seems like the notions of luxury and resale are inherently opposed.
- anigbrowl 17y agoThere's a trickle down market like everything else. A used-but-not-tatty luxury item is still luxurious, and while it won't impress the already-wealthy it will carry cachet with the upwardly-mobile or the general public. Thus, you might be better off buying a used Rolls-Royce or Bentley than a new Lexus. I was surprised to learn from Mrs Browl that there are rental clubs for luxury handbags - women who want to make a fashion statement can check out a different designer accessory for different events. This made no sense to me until I considered it from a social engineering standpoint.