Last Updated on July 21, 2022
Handbags shouldn’t cost the earth, but if you want to find long-lasting and good quality arm candy, there are plenty of luxury bags to choose from.
As we know, prices of almost everything are going up. Consumer prices are 9% higher this year than last, while electricity costs are up 54% and fuel costs are have risen a staggering 95%.
READ MORE: Just Dropped: 11 New Arrivals You Need to See This Week
Frankly the last thing I’d like to spend my hard-earned money on is petrol, and I’m sure you feel the same. We’re having to cut back in every area, whether that’s on food shopping or clothes.

Designer handbags are of course a luxury, but if you’re looking for something that will stand the test of time, there’s no denying that they make for a sound investment.
Not only do certain brands increase in value over time, but if looked after well, they’re long-lasting too.
I didn’t spend thousands on my Ganni bag but I’ve worn it consistently, making the cost per wear pennies, while I’m sorry to say that all the fast fashion bags I’ve bought are gathering dust in my wardrobe.
So in my quest to find similar versatile and stylish handbags to invest in, I found 22 incredible items from luxury labels like Saint Laurent, Marni, Miu Miu and Marc Jacobs – all for under £500.
Wear Next may receive a small commission if you click a link from one of our articles onto a retail website and make a purchase.
Designer handbags under £500

Logo-plaque clutch bag, £425, Saint Laurent – buy now

Washed Denim Signature Field Tote Bag 22 – Indigo Midnight Navy Multi, £350, Coach – buy now

Anagram-logo small leather-trim raffia basket bag, £375, Loewe – buy now

Market Ichimatsu mini tote bag, £345, LASTFRAME – buy now

Mini Marcie basket bag, £410, Chloé – buy now

Med Saddle Bag, £495, Paul Smith – buy now
READ MORE: 16 of the Best Designer Bags for Under £1,000

Shopping coated-canvas tote bag, £330, Marni – buy now

Icon stripe drawcord pouch, £350, Burberry – buy now

The Snapshort crossbody bag, £325, Marc Jacobs – buy now

Twist Bag, £470, Noirgaze – buy now

Illusional-print tote bag, now £192 , MM6 Maison Margiela – buy now

Kira Heirloom Mini Camera Bag, £455, Tory Burch – buy now

Betty smooth leather cross-body bag, £435, A.P.C. – buy now

Leather-panel medium canvas tote bag, £375, Acne Studios – buy now

Neptune mini knotted pleated crepe tote, £425, Neous – buy now

Gingham nylon shoulder bag, £480, Miu Miu – buy now

Anagram small leather-trimmed woven basket bag, £495, Loewe – buy now
READ MORE: We’ve Looked Through Thousands, But These Are the 24 Best Basket Bags for Summer

Mini Le Bambino suede crossbody bag, £465, Jacquemus – buy now

The Bumper Moon two-tone leather shoulder bag, £450, JW Anderson – buy now

Tropicalia raffia-paneled leather pouch, £450, Marni – buy now

The Leather small tote bag, £460, Marc Jacobs – buy now

Stella Logo crossbody bag, £495, Stella McCartney – buy now