Price Comparison for Buying Luxury Bags in Europe to the US

Brand Guides, Celine, Chanel, Featured, Louis Vuitton, Saint Laurent

Price Comparison for Buying Luxury Bags in Europe to the US

1675


Updated April 2015
As the Euro and US currencies are almost at par it has now become much more lucrative to travel to Europe to buy a luxury bag. Below is a price comparison between purchasing a designer bag in a Euro country versus the US (New York for example).  When we visited this topic in 2012 the USD to Euro was at 1.25 compared to 1.05 now. Since the cost savings are much larger people should take advantage while you still can.  The savings for a Chanel Jumbo is almost 60% percent off, see comparison below.
This just in, WWD announces that Chanel to “harmonize” bag prices on its classics the Boy and 2.55 flaps in Europe and China. Full price comparisons for the increase starting April 18, 2015 are now posted on the main Chanel Euro Bag Price List Page. 
If you are a non-European resident, you are entitled to a VAT refund. The percentage depends on the country but for simplicity we have used 10% as the lowest refund for although expect to receive about 13% (more information). For the US prices we used the New York State sales tax at 8.875% as a basis for comparison.
As per March 16, 2016 the current rate is €1.00 = $1.05. This is used on all EU prices to compare to US below.
Source: XE.com

Chanel Price Comparisons

Chanel

Style

Converted EU

w/ Refund

US Price

+ Tax

Price

Savings

Chanel Boy New Medium Flap Bag$3,912.00$5,662.00 $1,750, 44%
Chanel Jumbo Classic Flap Bag$4,478.00$5,989.00 $1,510, 34%

Updated April 18, 2015 for price increase. 
EU actuals and US actuals are located at respective price list pages

Louis Vuitton Price Comparisons

Louis Vuitton

Style

Converted EU

w/Refund

US Price

+ Tax

Price

Savings

Louis Vuitton Monogram Canvas Speedy 30$647.00$1,057.00 $410, 62%
Louis Vuitton Monogram Canvas Neverfull MM$886.00$1,372.00 $886, 35%

EU actuals and US actuals are located at respective price list pages

Celine Price Comparisons

Celine Price Comparision Europe to US

Style

EU Converted

w/ Refund

US Price

+Tax

Price

Savings

Celine Tri-color Trapeze Medium Bag$1,796.00$3,212.00 $1,416, 56%
Celine Smooth Calfskin Mini Luggage Bag$1,985.00$3,375.00 $1,390, 59%

EU actuals and US actuals are located at respective price list pages

Saint Laurent Price Comparisons

Saint Laurent

Style

EU Converted

w/ Refund

US Price

+ Tax

Price

Savings

Saint Laurent Sac De Jour Small Bag$1,881.00$2,994.00 $1,113.00, 63%
Saint Laurent Cabas Monogram Medium Bag$1,881.00$3,212.00 $1,881.00, 42%