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Is £40 too much for a leather bag?

Hi, after having a cheap bag from the market for £8 and it lasting about two months before the strap breaking, and then getting a leather bag from TJ Hughes for £20 and that showing signs of wear after two weeks (can't be that good leather), I have now just spent £40 on a real leather bag from M&S which seems sturdy and hard wearing.

However, I am now feeling guilty for spending this much on a bag and am thinking of taking it back. Do you think £40 is too much on a bag? I wouldn't spend this much on shoes now but then again I do buy different pairs whereas I only use the same bag every day and only use a different one for nights out so maybe a bit more expensive one will pay off in the long run? Just that I could have used that £40 for a new coat or something.
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Comments

  • vaporate
    vaporate Posts: 1,955 Forumite
    NO.

    £40 is peanuts.

    It is prob the going rate. My black leather wallet Jasper Conran cost £25 from Debenhams.

    For a decent handbag,around 40 -100
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  • p-pincher
    p-pincher Posts: 727 Forumite
    i think £40 for a leather bag that will last and be used often is a very fair price, i always try to work things out on how many times i'll wear/use the item. My uggs were horrendously expensive but i recently worked out that over 3 years ive worn them for well over half of the year so well over 500 wears so compared to £30 pair of going out shoes ive wore twice.
    March 2014 Grocery challenge £250.00
  • maman
    maman Posts: 29,978 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good investment, you'll get loads of wear(and your money's worth) out of it and feel much better carryng a quality bag. Good choice!
  • hot.chick
    hot.chick Posts: 1,070 Forumite
    for a good quality leather bag - £40 is a good price
  • I just bought a £45 leather bag in M&S :) I love it and will use it most days for a few years, so good value :money:
    :rudolf: Sheep, pigs, hens and bees on our Teesdale smallholding :rudolf:
  • glowgirl_2
    glowgirl_2 Posts: 4,591 Forumite
    Not at all, in fact I think you got a good deal especially from M&S, enjoy your new bag:)
    Thank you for this site Martin
    The time for change has come
    Good luck for the future
  • I treated myself to a Tula leather bag in the John Lewis sale in Jan 2009 and my DH was a bit shocked at the £110 tag even in the sale but I have used the bag every day since then and it still looks as good as new :)

    Enjoy your new bag :)
  • Amanita_2
    Amanita_2 Posts: 1,299 Forumite
    £40 too much? No definitely not.

    I'm not going to say how much I spend on bags :silenced:but it is considerably more than that.
  • I usually spend around £120-£160 on Radley leather bags so no, I don't think £40 is too much to pay for a leather bag that you will use everyday.
  • Vaila
    Vaila Posts: 6,301 Forumite
    i think £40 is pretty cheap for a good leather bag, however i myself couldnt justify spending any more tha that. ive bought two "investment" bags from tkmaxx for around £40 each
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