Some might scoff at the idea of designer bags as investments but #girlmath or not, the numbers tell a compelling story.

In 2013, the coveted Medium Classic Flap Bag from the Chanel store was well under US$5,000 - but those days are long gone. More than doubling in recent years, prices have steadily climbed and even breached the five-figure mark at US$10,200 in 2023.

And as if to underscore the point, March 2024 brought yet another price increase from the fashion house, leaving many Chanel fans feeling the pinch.

🇺🇸 Chanel Classic Flap Bags March 2024 Prices - U.S. (USD)

Sizes / Styles	Previous Price	New Price	Price Increase	% Increase
Small Flap	$9,600	$10,400	$800	8.3%
Medium Flap	$10,200	$10,800	$600	5.8%
Jumbo Flap	$11,000	$11,700	$700	6.3%
Maxi Flap	$11,500	$12,300	$800	6.9%
Mini Square	$4,700	$5,000	$300	6.3%
Mini Rectangle	$4,900	$5,200	$300	6.1%

🇦🇺 Chanel Bags March 2024 Prices - Australia (AUD)

Sizes / Styles	Previous Price	New Price	Price Increase	% Increase
Small Flap	$16,210	$17,260	$1,050	6.5%
Medium Flap	$16,910	$17,950	$1,040	6.2%
Mini Square	$7,290	$8,230	$940	13%
Mini Rectangle	$7,610	$8,580	$970	13%
19 Small	$10,630	$11,260	$630	6%
Trendy CC	$11,410	$11,950	$540	4.8%

🇫🇷 Chanel Classic Flap Bags March 2024 Prices - Europe (EUR)

Sizes / Styles	Previous Price	New Price	Price Increase	% Increase
Small Flap	€9,300	€9,900	€600	6.5%
Medium Flap	€9,700	€10,300	€600	6.2%
Jumbo Flap	€10,500	€11,100	€600	5.7%
Maxi Flap	€11,100	€11,700	€600	5.4%
Mini Square	€4,500	€4,750	€250	5.6%
Mini Rectangle	€4,700	€4,950	€250	5.3%

🇨🇦 Chanel Classic Flap Bags March 2024 Prices - Canada (CAD)

Sizes / Styles	Previous Price	New Price	Price Increase	% Increase
Small Flap	$12,275	$13,425	$1,150	9.4%
Medium Flap	$12,800	$13,975	$1,175	9.2%
Jumbo Flap	$13,850	$15,050	$1,200	8.7%
Maxi Flap	$14,650	$15,875	$1,225	8.4%
Mini Square	$5,950	$6,450	$500	8.4%
Mini Rectangle	$6,200	$6,725	$525	8.5%

🇬🇧 Chanel Classic Flap Bags March 2024 Prices - U.K. (GBP)

Sizes / Styles	Previous Price	New Price	Price Increase	% Increase
Small Flap	£8,180	£8,510	£330	4%
Medium Flap	£8,530	£8,850	£320	3.8%
Jumbo Flap	£9,240	£9,540	£300	3%
Maxi Flap	£9,760	£10,060	£300	3%
Mini Square	£3,960	£4,080	£120	3%
Mini Rectangle	£4,130	£4,250	£120	3%

So, with Chanel prices showing no signs of slowing down, the question becomes: is your dream bag worth the wait, or will it become increasingly out of reach?

Here at Dearluxe, we understand the allure of a timeless Chanel Classic Flap Bag. That's why we offer a curated selection of pre-loved beauties that are meticulously sourced and authenticated. Why wait for sticker shock when you can find your perfect pre-owned Chanel below retail? Figure out which size fits you best and shop our Chanel Classic Flap Bags now!