I had just hit a milestone at work and had about 100 woth of Coach gc and store credits so I bought a purse for 320 bucks. It is so awesome and I get compliments on it all the time. That, of course was back when I was working full time, had just gotten pregnant and had no car payment yet. No more 320 bags for me!
Edited- my sister and some friends buy theirs at those knockoff pocketbook parties- she has 2 LVs and a Burberry that are very hard to tell that they are fake.