In Discussions, Discussions, In my closet, Money, Shopping, Style, Wealth, Women

What’s the most money you’ve ever spent on a piece of clothing?

I asked Bridget this question, but seeing as even Liquid Independence was interested, I thought it would be fun to pose this question to everyone out there!

I’ll go first, and list my top 3 most expensive wardrobe items because they’re basically all coats.

Most expensive:

BURBERRY COTTON TRENCH COAT

$1695 (before taxes)

Purchased in June 2012Β and came with two different belts and two different cuffs so you can mix and match.

It was also on sale, believe it or not, as it was originally $1900 or something like that. It was alsoΒ the last US Size 4 in the whole of Canada.

You can learn how to tie the trench coat in the style of the Burberry knot here.

UPDATE: I sold it for $1100

It’s not that I didn’t still love it, it is that after Little Bun, my shoulders and torso expanded, and I couldn’t fit into it any longer. *SOB*

2nd most expensive:

BURBERRY CASHMERE & WOOL BLACK TRENCH COAT

$1595 (before taxes)

Purchased some time in 2011 before I sold my two blogs, and started this one in 2012!

It was NOT on sale.

(This coat alone cost about the same amount of money as my first car!!)

Burberry-Regimental-Trench


STILL LOVE IT! I still wear it, and get lots of love and wear out of it. I even wore it so much I replaced the lining.

3rd most expensive:

CANADA GOOSE TRILLIUM JACKET – $650

Purchased in September 2012 after I finally caved in to the reality that is the Canadian winter.

canada-goose-trillium-graphite-jacket-review

 

This coat, is worth it though. Absolutely 100% OMG worth it in a Canadian Winter.

Then it goes down to (I think) $678 for my cognac m0851 perfecto leather jacket,Β $400 for a sweater, $350 for a vintage Cole Haan laptop bag, you know.. still expensive stuff.

Hmm. I should really tally up what everything in my wardrobe costs, out of curiousity.

So I think it’s safe to say I am not conventionally frugal when it comes to clothes, and I am willing to drop good coin on high quality items.

YOUR TURN!

What’s the most money you’ve ever spent on a piece of clothing that is still in your closet?

(P.S. This is meant to be fun. Please don’t slag me in the comments.)


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Sherry of Save. Spend. Splurge.

I got out of $60,000 of debt in 18 months using TheBudgetingTool.com. Since then, I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K (savings rate = 85%). I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I also post daily on Instagram @saverspender.

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64 Comments

  1. V

    $2200 on a Ferragamo bag in 2007. I still use and love it (but I don’t use it everyday since I got a Prada bag for $1800 in 2012 which I also love. Yes I love bags! Other than that I’m not a huge spender but just like you I will spend on good quality items and I’d sacrifice quantity for quality any day. Suzy sheer no thank you!

    Oh and I got the exact same Canada Goose jacket you have in 2008 and it is still in PERFECT condition today. So worth it πŸ™‚ Not interested in spending $99.99 on a crappy winter coat every year!

    Reply
    1. save. spend. splurge.

      I’m with you on this. I still can’t wrap my head around $2200 for a bag (a coat, yes) but who knows, one day one might speak to me and I’ll spend the cash.

      Reply
  2. SarahN

    I think my Hermes scarf – though it was a gift for graduation (and then I paid EVEN MORE to get it framed). My coat I bought in 2006 in France still survives (I don’t need it much in Sydney), but I have no recollection of it’s price. I have BCBG dress I love, so whomever commented on that reminded me to look for some more! I remember my first ‘real’ pay cheque went on shoes at $270 each, which were meant to be good for orthodics, but I never wore them in well enough, even after paying to get them stretched.

    I did say on my recent holiday with the BF that I’d like to be ‘that woman’ who dresses in Coach/Burberry etc (and be thin enough). He’d like to be the guy with a collection of luxury cars, then he included a jet collection! He does get carried away!

    Reply
  3. Daisy

    I actually can’t even recall what my most expensive item would have been. I spent $560 on a cocktail dress from BCBG, but my grad dress (cost around $500) burned in a fire and I bought the cocktail dress with insurance money, so that doesn’t really count. So I guess my grad dress was the most expensive one piece of clothing I have ever bought. Most of my purchases are under $300 (even for coats and boots).

    Reply
  4. Eva @ Girl Counting Pennies

    Ohh, that’s a great topic! I don’t remember the exact prices but some of my handbags are designer ones and cost in the region of Β£700-1000. As for clothing, I love Hugo Boss and a lot of my clothes are from there. Nowadays, I wouldn’t spend so much on “stuff”. I’d much rather invest in experiences! πŸ˜›

    Reply
  5. MelD

    Definitely the 1000 CHF wool coat my husband bought me – I thought he was nuts! When I bought a 300 CHF silk dress for my daughter’s wedding (my mom made my wedding dress), I felt as if I’d spent a HUGE amount – till I realised my husband’s specially made shirts aren’t much less and he has a bunch of them!
    Usually I balk at 100-150 CHF (unless it’s a coat for say, 300 CHF). The most expensive shoes I ever bought were custom boots for CHF 350. Shoes rarely over 100 CHF. I would never spend more than that on a handbag, either!
    (I’m not interested in brands or labels or designer, which I don’t fit into anyway…!)

    Reply
    1. save. spend. splurge.

      @MelD: *LAUGH*!!!!!

      What a husband. πŸ™‚ He knows quality, for sure. Silk shirts for me, are worth it. You can’t go back once you try on a fabulous silk shirt.

      Reply
  6. Mo' Money Mo' Houses

    It looks like you have a thing for jackets πŸ˜‰ I think the most expensive piece of clothing I bought was the winter jacket I got when shopping with you! Still don’t regret it, especially since it’s starting to get really cold outside.

    Reply
    1. save. spend. splurge.

      @Mo’ Money Mo’ Houses: And this is just the beginning of the end of Autumn. It will get colder with the windchill!

      I have a thing for jackets because I live in Ontario / Quebec. It gets chilly here and that’s all anyone ever sees anyway during about 9 months of the year πŸ˜›

      Reply
  7. Liquid

    Thanks for the mention. Are those pics of you modeling in the photos? πŸ˜‰ I don’t have a lot of expensive things in my closet. But maybe later on I’ll get my future girlfriend to pick out some better clothes for me πŸ™‚

    Reply
    1. save. spend. splurge.

      @Liquid: HAH! No. Not even close πŸ™‚

      Reply
  8. Jane

    I set a Networth goal for myself and once I had reached it, I allowed myself to purchase a pair of Christian Louboutin simple 85 pumps. They were $625 and I got them in black calfskin so they won’t ever go out of style.

    Reply
    1. save. spend. splurge.

      Oooo… Those sound so pretty. Yep, black calfskin will never go out of style.

      I never thought about setting clothes to net worth goals. I just kind of spend. EEP!

      Reply
  9. Pauline @RFIndependence

    I think it is about $250 for a dress I had tailor made for my sister’s wedding. I had the same in black and loved it so much I bought some deep red and orange fabric and had a tailor do it. It is also my most expensive cost per use item as I only wore it once, but it is still in the closet!

    Reply
    1. save. spend. splurge.

      Hey if you still wear it, it was worth it πŸ™‚ I love tailored items.

      Reply
  10. Erin @ Red Debted Stepchild

    Actual clothing item: $165 Anthropologie dress
    Shoes: $298 Frye boots
    Bag: $365 Coach purse, but I actually used a 25% coupon on this πŸ™‚

    Reply
    1. save. spend. splurge.

      Love me some coupons. Which Frye boots did you get?

      Reply
  11. Morgaine

    Mine is boring, its my wedding dress at $1600 (inc alterations). Next would be my winter coat at $180 then my winter boots at $160. That’s it. Other than the wedding dress I don’t think I’ve spent over $200 ever on a piece of clothing. But, it could explain why my clothes don’t last as long πŸ˜‰

    Reply
    1. save. spend. splurge.

      My clothes have pretty much lasted the test of time so far, except for the $200 coats. I’ve realized that for coats, I’m really tough on them and they need to be seriously done well.

      Reply
  12. Done by Forty

    Hmmm…the black suit for my wedding was about $300, I think. That’s by far the biggest expense. I got to use it for my last job interview too, so it’s been worn a grand total of two times!

    Reply
    1. save. spend. splurge.

      I only have one suit too. It’s the only one I’ll ever need/use for the odd interview.

      Reply
  13. Ariana Auburn

    $135 for a non-leather jacket.
    I waited 6 years before I made that purchase because I wanted to be 100% sure I wanted it. For me, $130 is a lot of money for one piece of clothing.
    Everything else I’ve bought is under the $20 range at thrift shops.

    Reply
    1. save. spend. splurge.

      Has it lasted so far? I find that fake leather tends to stand the test of time if you don’t get it cut/ripped so that it peels off.

      Reply
      1. Ariana Auburn

        So far, it has lasted a long while.

        Reply
  14. Tracy

    Most expensive clothing items are most definitely my bags.

    $2200 on a Chanel miniflap in black caviar leather. It is my most prized possession and a timeless piece.

    $1200 on an LV Speedy 30 Bandouliere in Damier Ebene. This is my everyday bag. I love it because you can wear it three ways. Handheld, crossbody, on the shoulder, and each way gives it a whole different look. When I’m just shopping or bumming around I carry it crossbody, but when I’m out for dinner or on a date I’ll hand carry it and it looks like a million bucks.

    Other bags are around the $800 – $1000 range so I won’t name those. Mochimac, you should invest in a timeless handbag too!

    Reply
    1. save. spend. splurge.

      If I wanted to buy a Chanel bag, I’d get a mini flap too πŸ™‚ It’s the most classic of all.

      Tell me the other bags!! I wanna know now πŸ˜€

      For some reason, purses don’t do it for me. I’m more into boots (since I feel it on my feet) or COATS because being in Canada, it’s kind of the major item everyone sees.

      Reply
  15. Fig

    Definitely my wedding dress and that was only $700!

    Beyond that the most expensive things I have bought were jewelry/watches for around $200 each.

    Reply
    1. save. spend. splurge.

      My most expensive watch has been $100 so far from Fossil. I’m thinking of a nice watch but can’t bring myself to spend money on it … yet.

      Reply
  16. The Asian Pear

    I think…

    $360ish(?) on a Roots bag (but I had $150 GC) as a gift.
    $180 US on a pair of boots.
    $150 on a winter jacket.

    Reply
    1. save. spend. splurge.

      That Roots bag of yours is super soft.

      Reply
  17. Michelle

    Wow I feel super cheap now haha. I have never really spent too much on anything. However, I did used to work at a thrift “boutique” where I would constantly buy $500 clothing items for like $25. It was a nice benefit to working there.

    Reply
    1. save. spend. splurge.

      Oh no! Don’t feel cheap. I do like shopping secondhand as well, but it’s time consuming and when I find something it’s generally never in my size.

      Reply
  18. Cassie

    Mine is eerily similar to yours. I believe the pre-tax price on my Burberry trench was $1395, but mine didn’t come with multiple belts and cuffs. I have a Burberry burgundy winter dress coat that clocked in around $800, and my Canada Goose parka was around the $650 mark as well. Then there is a Mackage (for Aritzia) leather jacket that cost around $550, and a pair of Frye boots that were $400. After that we’re getting into jeans and bras. Could I have purchased cheaper items? Absolutely! But I’ve been happy with all of the purchases, they’ve all held up beautifully, and they get regular use. The Burberry trench took a while longer to be happy with, but that’s because it held an emotional connection to my debt for quite some time. Fortunately that connection is slowly subsiding, as I’m wearing it today πŸ˜‰

    Reply
    1. save. spend. splurge.

      @Cassie: $1395 sounds like a deal but maybe they added on another $600 or more because of the belts and cuffs πŸ˜›

      Mackage is expensive and I thought worth it for a jacket, except I went back into Aritzia to pet their Kenya leather jacket and it felt AWFUL, like plastic!! For $500? Forget it.

      I could have also purchased cheaper items but I wouldn’t have been as happy. Something I’ve noticed is that you never find Burberry items in thrift stores. I’ve been searching for 3+ years, and I have never seen a classic Burberry trench for sale.

      Goes to show… πŸ˜› ….People keep what’s amazing.

      Reply
      1. Cassie

        @save. spend. splurge.: My Mackage is buttery soft goat skin leather with impeccable tailoring, but I also bought it 4 years ago. I wouldn’t be surprised if the quality has gone downhill since then, it seems like a lot of things have.

        I’m hoping a lot of these items will be lifers πŸ˜€

        Reply
  19. dojo

    260 bucks for a winter coat (not outstanding, but pretty nice). Otherwise I don’t usually get over 100 bucks.

    Reply
    1. save. spend. splurge.

      @dojo: Are winters very cold there? I tried to get by on a $200 coat when I was in school but I froze my butt off.

      Reply
      1. dojo

        @save. spend. splurge.: Let’s say it’s normal to have some freezing temperatures here and serious snow. But you can get decent clothing at close to 200 bucks (even in the US). Not to mention I drive the car and layering clothing is a great way to keep warm, too.

        Reply
  20. Josie

    So interesting to see what people value spending their money on. I don’t have anything even relatively expensive. ha ha. We eloped so I don’t even have a wedding dress that cost $$$ (got the dress I wore on clearance for $10).

    The only thing that cost a significant (although still not much) amount of money I just got a couple weeks ago when we were in Korea is a nice purse. Cost about $200 USD. πŸ™‚

    Reply
    1. save. spend. splurge.

      @Josie: $10!! You win the frugal wedding dress award πŸ™‚

      I hope you enjoy your lovely purse!!

      Reply
  21. GJ

    Hi! My most expensive item has been the London Modalu “pippa” bag. If you don’t mind me asking, where do you shop for the Burberry items in Toronto? I’m guess Holt Renfrew but when I browse online, I don’t see much Burberry coat selection. Thanks for letting me know.

    Reply
    1. save. spend. splurge.

      I shop at the Burberry Store on Yonge and Bay πŸ™‚ I don’t go to Holt Renfrew for Burberry when their store is right there…

      Reply
      1. GJ

        @save. spend. splurge.:

        Awesome! Thanks πŸ™‚

        Reply
        1. save. spend. splurge.

          You’re welcome πŸ˜€

          Reply
  22. AdinaJ

    Most expensive item in my closet, by far, is my vintage Chanel flap bag ($1,700). But it was a gift from my husband, so it probably doesn’t count. My wedding dress ($1,000) would be next, but that was also a gift (from my parents). The most expensive thing I’ve bought was a LV bag ($700, worth $2,300). I haven’t spent more than $200 on any one item of clothing or pair of shoes, and usually it’s a lot less. I would say that 60%+ of my wardrobe is second hand, which helps.

    Reply
    1. save. spend. splurge.

      @AdinaJ: Ooooo!! Yeah, gifts don’t count. I should give money to BF and make him buy me a “gift” more often πŸ˜›

      So then it’s your LV bag for me, at $700. Gifts really don’t count, and he was really really sweet to buy that bag for you!!!!

      About 5% of my wardrobe is secondhand, but I am trying harder to make it more secondhand. Oddly enough it is mostly my sweaters that are thrifted.

      Reply
  23. cj

    The most I’ve spent in recent memory or any memory for that matter, is $99. I walk 5 miles a day, so I purchased some nice Nike Frees. That is splurging for me. Everything else is under $20 and lasts for many years, like 5-10. I can then spend on what makes me good rather than on what makes me look good.

    Reply
    1. save. spend. splurge.

      @cj: Shoes make sense to spend money on. I bought a pair of thrifted Manolo Blahnik heels (normally $600 – $900) for only $60, and it was well worth the price. They really do fit my feet better than cheaper heels.

      For me, clothing is not just function like it is for many men. I get a real sense of feeling good and satisfaction out of dressing well.

      Reply
  24. Alicia @ Financial Diffraction

    Duh! After reading Jane’s comment – my wedding dress. But I got a great deal. It was $1250, on sale for $400 to buy it off the rack. So for $450 after tax I got a beautiful wedding dress… which is still sitting in my parents closet because I don’t know when I am getting married (I am engaged indefinitely).

    Reply
    1. save. spend. splurge.

      @Alicia @ Financial Diffraction: Wow! $400 off the rack is a REALLY good deal. Most women spend $2000 a dress on average.

      Reply
  25. Jane Savers @ Solving The Money Puzzle

    $750 on a wedding dress about 25 years ago. Worn once and ended up at the dump about 7 years ago just like the marriage.

    I have never spent more than $100 on any other article of clothing or boots or purse. I remember a suede coat that was $79.99 and I think that is my most expensive item.

    Reply
    1. save. spend. splurge.

      @Jane Savers @ Solving The Money Puzzle: Do you still have the suede coat? Otherwise it’s the $100 boots/purse πŸ™‚

      Reply
      1. Jane Savers @ Solving The Money Puzzle

        @save. spend. splurge.: Suede, small children and pets are not a good combination so the coat didn’t last very long and I should have know better.

        I have spent $60 on a pair of winter boots but they are for big black waterproof winter boots that are not attractive and are for shoveling snow and hiking through fields and I have had them for a decade.

        I only own 4 purses/bags and they total cost of all 4 is less than $100. I am very hard on my clothing so I don’t want to spend too much on it.

        Reply
        1. save. spend. splurge.

          Ah. I’m very gentle on my things because I spent a lot.. although if I didn’t spend a lot of money, I might be a lot harder on them.

          Reply
  26. Melissa

    I dropped $375 on a pair of Frye Boots earlier this year, and use handbags in the $150-$350 range. Other than that, my wardrobe is pretty in expensive. I live in flats, so I’ll shell out money for a comfortable, well made pair.

    Next on my list of things to purchase is a classic trench. As a staple item, I would probably spend more on an item like that then a regular outdoor coat.

    Reply
    1. save. spend. splurge.

      Frye Boots are awesome. I bought the Melissa Back Zip Button boot and I LOVE them. I can’t believe I don’t even need Birkenstock insoles in them.

      My handbags are also in the $200 – $300 range. I haven’t gone higher because I just can’t seem to think that a bag can really cost more than $300.

      I tend to spend the most (obviously) on coats. I really see a difference in quality in coats. One coat I bought when I was in university for job interviews, was supposed to be “cashmere-like”, for $200. It was a LOT of money to me back then when I was struggling with bills and debt, but I needed something that wasn’t ratty.

      Anyway, fast forward to today, I kept it and wore it the other day, but found it too loose, awkwardly shaped for my body (not properly tailored), and really unflattering after it has been through dry cleaning once every year or so (3X in total, is my guess).

      It’s good as a spare coat just in case I need it, but the quality does not compare to a properly made one that will last through the years.

      Reply
  27. Alicia @ Financial Diffraction

    Wow, your outerwear collection is beautiful, and amazingly pricy.

    I don’t buy anything designer, so my highest item would be around $300 for a winter coat probably. I haven’t bought expensive shoes, and my most expensive purse was a $200 Fossil…I can just imagine how that Burberry cashmere feels!

    Reply
    1. save. spend. splurge.

      @Alicia @ Financial Diffraction: My outerwear collection is insane. Stands to reason though, because Canada kind of only gets super hot, then cool/cold (I’m always cold), and then FREEZING. I’m ALWAYS in a coat, it seems, and it’s the only thing people really do see in Canada most of the time, hence why I spend more money on that area.

      I went through my wardrobe again and realized that I am missing a thinner wool coat that isn’t meant for a colder season, but something more like a longer blazer for that in-between period of cool and super cold.

      I normally don’t buy anything designer either, these two coats are the only “designer” items I own, aside from my thrifted Manolo Blahnik heels at $60.

      I don’t really like Gucci, Versace.. even Chanel (for some pieces) makes me cringe. I especially don’t like Louis Vuitton but that’s a personal preference.

      I really don’t like logos, I kind of hate the Burberry print, but the quality is fabulous which is what sold me.

      The cotton is draped perfectly, and the cashmere/wool trench is heavenly, because it drapes well but is also impeccably tailored (as it should be for that price).

      Reply
  28. eemusings

    Would have been a fairly plain black winter coat – I think it was about $200?

    Reply
    1. save. spend. splurge.

      @eemusings: Do you even get winters in NZ!? πŸ™‚

      Reply
  29. From Shopping to Saving

    SUCH a good post!!! This post actually got me thinking about my whole wardrobe haha! Hmmm, does clothing include shoes and bags? Or does this mean that I’m just not a clothing gal?? Eeeek! Well, I think the most I’ve spent on a MATERIAL THING was a purse, for sure. I spent a max of $2,500 on a Chanel purse. I still have it and my mom uses it too. Then, I’ve spent $1,200 on a Balenciaga bag, but I later sold it for a bit more. Next was probably a pair of $600 ankle boots but I also ended up selling those. The most expensive piece of clothing was probably a leather jacket which was $250, and then anywhere in the $100s for denim back in the day, but now I don’t spend much on jeans since I like Old Navy’s rockstars.

    I like your choices though! If I had the money and unlimited funds, I would want to purchase clothing from Chanel or shoes from Chanel, and some Christian Louboutins!

    Reply
    1. save. spend. splurge.

      @From Shopping to Saving: EVERYTHING! All clothing.

      Ooo Chanel purse. Okay, so I take back what I said earlier. A Chanel purse is something I COULD spend money on, but I can’t seem to get past the mental hurdle of $300 for a purse. $500 max. I’d have to find it thrifted.

      Balenciaga makes incredible bags. Proenza Schouler too.

      For jeans, I can’t go back to regular denim because I have a flat butt and thin hips. I need those Rag and Bone legging jeans, or super high waisted Citizens…

      You’re a Chanel girl, obviously πŸ™‚ For me, the brand matters less than the actual item itself. If I can only find awesome trench coats at Burberry, that’s where I am going.

      Otherwise, the name itself doesn’t make me want it on its brand name alone.

      Reply
  30. Kylie Ofiu

    I think it is worth it to spend more on quality items that last and are made ethically. There is a store here in Australia called CUE. I love their clothing, it fits really well, they are ethically made here in Australia from Italian/Australian/European fabrics. They are not in the same price range as Burberry, but still cost a bit.

    I own Christian Louboutins and LOVE them but didn’t pay retail.

    All ‘cheap’ clothing I have bought has worn out really quickly and I think it’s a waste. Good on you for sharing what you have spent the most on. Mine is probably only $400 on a dress. BUT I am planning on buying a Burberry trench, a Chanel bag and more Louboutins. I am slowly rebuilding my wardrobe and focusing on classic, quality items now I have lost weight and feel happy with my body.

    Reply
    1. save. spend. splurge.

      I am googling them as we speak. I do like Australian designers but the shipping to Canada is astronomical!!

      Are they comfortable, those Louboutins? I find Blahniks more comfortable. Got them for $60, thrifted..

      The Burberry trench is worth it. Obviously I went back and bought another one. I feel good every time I put it on (it fits like a dream), and compared to other coats I paid $200 for that looked classic and great, after a few washes or drycleans, they were too rumpled to look chic any longer.

      It was disappointing. I’d rather own 1 great coat at $2000 and instead of 10 crappy coats.

      Reply

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