[ypzhang2]

I doubt there is truth to the common trope that "REAL rich people don't buy X/Y/Z". Its a No True Scotsman argument. In actuality, Kelly / Birkin are appreciated by a wide spectrum of people, even folks who are "0.1%ers". Just like "0.1%ers" buy luxury cars. Hell, Bill Gates (a "0.1%er" squarely) basically lobbied for a law just so he can import a Porsche 959. Jerry Seinfeld has a huge car collection. If you want to argue "old money", Prince Harry has a Jaguar E-type and a F-Type. Luxury goods are enjoyed by the leisure class, period, because they have disposable income and like nice things.

[psd1]

Right, these cars are distinctive and conspicuous, but they don't have "Porsche" in repeating motifs all over the bodywork.

It's the humungous branding that makes the LV and Gucci goods tacky.