Price Comparison for Buying Luxury Bags in Europe to the US

Price Comparisons

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Updated August 2019
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). Since the cost savings are much larger people should take advantage while you still can. The savings for a Chanel Jumbo is almost 28% percent off, see comparison below.

If you are a non-European resident, you are entitled to a VAT refund. The percentage depends on the country but we have used 12% as the lowest refund, 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 August 12, 2019 the current rate is €1.00 = $1.12. This is used on all EU prices to compare to US below.
Source: XE.com

Chanel Price Comparisons

Chanel Bags

Style

Converted EU

w/ Refund

US Price

+ Tax

Price

Savings

Chanel Jumbo Classic Flap Bag $5,268.00 $6,750.00 $1,482 / 28%
Chanel Reissue 225 Bag $4,726.00 $6,097.00 $1,371 / 29%
Chanel Boy New Medium Flap Bag $4,578.00 $5,879.00 $1,301 / 28%
Chanel Small Gabrielle Hobo Bag $3,229.00 $4,426.00 $1,017 / 31%

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

Louis Vuitton Price Comparisons

Louis Vuitton Bags

Style

Converted EU

w/Refund

US Price

+ Tax

Price

Savings

Louis Vuitton Monogram Canvas Speedy 30 Bag $787.00 $1,110.00 $323 / 41%
Louis Vuitton Monogram Canvas Petite Malle Bag $3,692.00 $5,662.00 $1,970 / 53%
Louis Vuitton Monogram Canvas Neverfull MM Bag $974.00 $1,437.00 $463 / 48%

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

Dior Price Comparisons

Dior Bags

Style

EU Converted

w/ Refund

US Price

+Tax

Price

Savings

Dior Oblique Canvas Book Tote Bag $2,068.00 $2,939.00 $871 / 42%
Dior Lambskin Lady Dior Bag $3,299.00 $4,845.00 $1,546 / 53%
Dior Saddle Bag $2,560.00 $3,647.00 $1,087 / 42%

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

Gucci Price Comparisons

Gucci Bags

Style

EU Converted

w/ Refund

US Price

+ Tax

Price

Savings

Gucci Ophidia GG Small Shoulder Bag $965.00 $1,513.00 $548 / 57%
Gucci GG Marmont Small Matelassé Shoulder Bag $1,665.00 $2,155.00 $500 / 30%
Gucci Sylvie Mini Bag $1,862.00 $2,613.00 $751 / 40%
Gucci GG Dionysus Medium Shoulder Bag $1,862.00 $2,710.00 $848 / 45%

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

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