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April 30 2024

The 5 Best Luxury Designer Bags Under £500

If you're yearning for a designer handbag but can't quite justify the luxury price tag, we've got good news for you. While you might not have the budget for a Chanel or Louis Vuitton (or maybe you do—keep reading to find out!), there's a wide variety of other designer brands and styles that can add a touch of luxury to your wardrobe.

From Chloé to Gucci—yes, Gucci—our Luxe Buyers have curated the five best designer bags under £500. Whether you're treating yourself on payday, searching for a special gift, or dipping your toes into luxury for the first time, these top picks are the perfect choice to add to your accessory collection.

Jacquemus Le Chiquito Bag

We're kicking off with Jacquemus and the brand’s iconic Le Chiquito bag. Debuted on the runway in 2018, this petite bag became a sensation with its doll-like silhouette, offering a refreshing departure from conventional designs. The Le Chiquito captured the hearts of fashion enthusiasts and celebrities alike, including Leonie Hanne, Rihanna, and Dua Lipa, igniting a trend for micro-bags that returns season after season.

Since its launch five years ago, the bag’s popularity has continued, earning its place as one of our Luxe Collective’s best-selling designer bags under £500. The appeal lies in the versatility of the Le Chiquito collection.

Starting as a miniature bag, Jacquemus has expanded the range to include the Le Chiquito Moyen (medium size) and Le Grand Chiquito (large), retaining the charm of the iconic design while offering more space. The material options are extensive, from smooth leather finishes to suede, croc-effect, and raffia, ensuring there's a Le Chiquito bag in every colour, from vibrant hues to timeless shades of black, beige, and white.

We adore the Jacquemus Le Chiquito; it's playful and youthful, perfect for the upcoming summer months, and its price point adds to its charm. A brand-new Le Chiquito can be yours for £615, but if you're after a steal, our collection of preloved Le Chiquito bags ranges from £220 to £420.


Marc Jacobs The Tote Bag

Evoking memories of Bloomingdale’s iconic Little Brown bag, the Marc Jacobs tote has become a highly sought-after accessory. The distinctive, debossed branding reflects Marc Jacobs’ bold NYC aesthetic, injecting a cool-girl vibe into any outfit. Crafted from canvas, leather, or denim, Marc Jacobs’ totes come in small, medium, and large sizes, offering ample space for your daily essentials. While leather variations start at a higher price point, retailing at around £360 ($450), opting for preloved allows you to snag one for just £280! The addition of crossbody straps makes the Marc Jacobs tote versatile, ideal for both hand-held and crossbody wear. We particularly love the leather options in tan and black, perfect for work or school, while the canvas styles are ideal for summer and travel.

Marc Jacobs is an excellent entry point for those venturing into luxury fashion. Their distinctive Snapshot bag, resembling a camera in design, is another standout choice for a crossbody bag that's both quirky and versatile, transitioning seamlessly from day to night. Available in an array of colours with interchangeable straps, the Snapshot allows you to reinvent your look to suit any occasion or mood.



Coach Tabby Bag

The Tabby bag has experienced a resurgence since its revival in 2022. Drawing inspiration from a 1970s archival design, this Coach shoulder bag has become a wardrobe staple, effortlessly complementing any outfit. Its timeless rectangular silhouette, adorned with the brand’s iconic “C” logo, lends itself to both casual and dressier occasions. Crafted from polished pebble leather, the Tabby serves luxury at an accessible price point of only £450. It's no wonder that the Coach Tabby remains a top seller among our designer bags under £500, with preloved options listed at approximately £295, offering nearly a 35% saving on the retail price.

Such was the popularity of the original structured Tabby bag that Coach introduced the Pillow Tabby, featuring a plush, marshmallow-like structure that tapped into the trend for softer, more relaxed shapes. Available in smooth Nappa leather, the Coach Pillow Tabby exudes a luxurious yet pillowy feel.


Chloé Woody Tote Bag

Adding another tote to the mix is the Chloé Woody tote bag. You've likely spotted this casual yet chic tote gracing the arms of stylish individuals on holiday. Its clean silhouette embodies the bohemian, relaxed Chloé aesthetic, crafted from supple canvas with contrasting logo-emblazoned straps and leather trim. The boxy shape makes it a versatile accessory, perfect for work, weekends, or travel, allowing you to commute in French-girl style.

Like any good tote bag, the Chloé Woody comes in small, medium, and large sizes. Our favourite is the medium, compact enough to carry in the crook of your arm, over your shoulder, or crossbody with the detachable leather strap. If you're ready to add a Chloé Woody to your collection, opting for a preowned option is a savvy move. A brand-new medium Chloé Woody tote will set you back £950, however, our collection of preloved medium Woody Tote bags starts from £450, allowing you to save your funds for a matching pair of Chloé Woody sandals so you can complete a total Chloé-chic look.

Vintage Louis Vuitton, Gucci & Fendi

Louis Vuitton, Gucci, and Fendi typically come with a premium price tag, but purchasing preloved vintage pieces presents an opportunity to acquire an iconic bag for under £500. Don’t believe us? Our collection of designer bags under £500 includes sought-after, cult classic bags from the uber-luxe brands.

Starting with the Louis Vuitton Papillon shoulder bag. This LV icon is a timeless piece distinguished by its unique cylindrical shape, setting it apart from other bags. A Luxe Buyer favourite, it’s astonishing that you can add a luxury Louis bag to your collection for such an affordable price—starting from only £350!

For fans of monogram designs, vintage Gucci totes or shoulder bags that scream 90s supermodel glamour can be found around the £350 price point too. Aficionados of Sex and the City will be delighted to discover that the Fendi baguette, synonymous with style icon Carrie Bradshaw, is also available under the £500 mark. Be it in a micro or mini version, these cult-favourite designs will make a beautiful start to a budding luxury bag collection.


Ready to shop? Find our full collection of preowned luxury bags under £500 or if you're looking to make more on an investment find more preloved pieces from Chanel, Saint Laurent, Dior and more.