Still uses it? You're God Damned right she'd better use it and use it a long time.
I think a purse costing that much is insanity but then my wife thinks owning a Volvo is insanity. A Volvo at least has life saving features as well as gets you from 'A' to 'B' in comfort and efficiently. A Volvo will also last a long time, as my experience tells me.
I see the car as having a lot of practical value that an expensive purse doesn't. I used to buy my wallets at the bargain table at the after Christmas sales.
The purse is a status symbol and not much more. But women judge other women harshly if they don't have a purse that's as good or better than their's.
Frequently, I thank God I wasn't born a woman. Other women would hate my shoes, my purse and my lack of makeup.