The Neverfull is most people's first Louis Vuitton, and the usual hang-up is the size: the bigger MM or the smaller PM. On price, the resale market makes the decision easy, because the two cost almost the same.
What each lists for
On current premium-resale listings, the MM has a median asking price around $1,245 and the PM around $1,185. These are asking prices from our tracking of live listings in June 2026, not confirmed sales, and they describe the market rather than appraise any single bag.
The MM is quietly the better deal
About sixty dollars separates them, which is noise on a bag in this range. So you are not really paying more for the bigger bag, which makes the MM more tote for the same money. The PM holds its price because plenty of people want a smaller, lighter everyday size, not because it is a bargain.
So pick by what you carry
This is a use decision. The MM is a true large tote: it swallows a laptop, a change of clothes, the daily everything. The PM is the more elegant everyday size, lighter on the shoulder, better if you carry less and do not want the bag to dwarf you. There is no wrong answer, only the one that fits your day.
One practical edge
The MM also turns up far more often on resale, around 141 listings to the PM's 54 in our snapshot. That means more colors and conditions to choose from when you buy, and an easier sale when you are ready to move it on.
Sources
Asking figures come from our own tracking of current listings, June 2026.
