Is Now The Time To Buy Vintage?
Every year, luxury manufacturer increase the prices of their products. For example, the price of a Chanel Classic Flap Jumbo increased by about 30% over the last 3 years. In 2020, Chanel increase its prices by up t 20% on individual items. That’s a steep jump! Are you maybe better off buying a vintage piece instead? The prices on the vintage market have been increasing steadily and it’s likely that they will catch up to the recent price leap. So is now the right time to buy vintage luxury as investment?
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