Why Buying a Coach Purse is a Good Investment

Alrighty all of you skeptics out there, hear me out before you pass judgment. Yours truly is NOT made of money.  A long time ago in a land far, far away (nine+ years ago), I used to work for an oil company. A very generous attorney gave me a gift certificate to a large department store. I combined it with some other money I received for Christmas and a little savings and purchased my first Coach purse. Believe me, it hurt to spend that much money on a purse. It was a practical black leather purse that I could use every day. I am not one of those girls who likes a new purse every season, so I was very happy with my purchase. Then about four years later, the zipper got caught in the liner and ripped the liner. I mailed it off for repairs. (I should mention here that Coach does free repairs to its purses. There is a $20 mailing fee) It was beyond repair, but they gave me a huge credit for a new purse. I decided on a larger one (another practical black leather purse without a liner) added a little money to it, and ordered it. I have enjoyed that purse immensely until a few months ago the zipper broke. Recently I was in the Coach store and they were happy to send it in for me, no charge, for repairs. Considering that my initial purchase was nine years ago, and I spent a small additional amount about five years ago I figure I am waaaaay ahead. If I had purchased a cheaper purse nine years ago and the liner ripped, I'd have been out a purse. I would have had to replace it numerous times since then. Hands down, I think this is one of the best investments I've made. You need a purse, you might as well get a good one. My initial investment has paid off big time and I get to carry a purse with a label! If you are considering this purchase, just stop thinking about it and do it!

Comments

Evelyn said…
You may have convinced me.
Evelyn
good to know...when I have a couple of hundred EXTRA dollars, I'll keep that in mind....does this same policy apply to purchases made at outlet stores???

Suzanne
Frazzled Mom said…
Suzanne - you bring up a great point. This weekend I hit the outlet mall that just happens to have a wonderful Coach outlet store. The purses there are actually much cheaper than other places and yes, the policy applies to all Coach purses, no matter where purchased (or inherited as a friend recently told me).
Janet said…
I totally agree with you Elizabeth! I inherited my first coach purse from my Grandmother. I was then and still today not much of a label person. I will say that I have no idea how long my grandmother had her purse but when it had an issue I took it in and Coach sent it in for me ($20 shipping fee) fixed & cleaned it before returning it to me. I have been sold on them ever since. While I still own this one, my hubby recently gifted one to me and I purchased a clutch from the outlet. It is a wonderful investment considering how much money we give away buying lots of purses that give out and there's nothing you can do but replace them. Not to mention they are not that badly priced at the outlets, especially when they run a sale.
I would gladly get one, all the while assuring myself that it's a great investment, but I know myself too well. A couple months down the road I'd have to pick up the cute little hot pink snakeskin number, or the Vera Bradley paisley, or the tooled red leather western...all the while assuring myself that all these cheaper purses will only serve to make the Coach last that much longer. I have a purse addiction.
Anonymous said…
Oh but you forgot two [i]very[/i] important words that apply to all things Coach. RESALE VALUE. Yep, Coach products have always had a good resale value so when it's time to retire the old purse for a newer, bigger, smaller, or whatever suits your fancy, bag, you can sell it on eBay or Mozilla to one of the thousands of people hoping to snatch up your used gem. Voila! You have $$ to apply toward another beauty. :) [Now even though I condone selling your bag online, I do not advise of purchasing anything Coach online unless you are well versed in the line. There are soooo many fakes out there -some obvious, some not so obvious. As Elizabeth stated in her blog, your best bet is always the Outlet.]

Popular Posts