Are Chanel Bags Cheaper in Paris?
Do you have a trip planned to Paris and are wondering are Chanel Bags cheaper in Paris? In short, yes it is cheaper to purchase Chanel Bags in Paris on average by $1,500 – $2,000 depending on the bag. There are several reasons why a Chanel bag is more affordable in Paris which include the VAT Tax refund, not import or duty tax, headquartered in Paris, and because of the currency exchange rate.
4 Reasons why Chanel Bags are Cheaper in Paris
There are 4 main reasons why Chanel bags are cheaper in Paris including the VAT Tax refund, the lack of import or duty fees, the currency exchange rate and the initial lower price because the brand is headquartered in Paris.
The first reason is that when you purchase a Chanel bag in Paris you qualify for what's called the VAT Tax refund. This is a refund provided to tourist visiting Paris that entitles them to receive the built-in Vat Tax amount back if they spend over 100 Euros, which for luxury brands is on average 12%. The second reason why Chanel is cheaper in Paris is due to the fact that the brand doesn’t have to ship and pay import or duty fees to be available for sale in that country. This helps Chanel keep the cost down in Paris
The third reason Chanel is more affordable in Paris is because of the currency exchange rate. Over the last 5–10 years the EURO has been slowing going down in value while the dollar is slowly getting stronger. The fourth and final reason why you should buy a Chanel in Paris is because the initial starting price is cheaper in Paris because that’s where the brand is headquartered. 90% of the time a luxury brand that is headquartered in Paris will have lower initial prices in Paris than the rest of the world.
Is a classic Chanel Bag Cheaper in Paris or the US
A classic Chanel bag in black leather is cheaper in Paris compared to the US by $1,840! With almost $2,000 in savings, I can see why many Americans flock to Paris for a shopping experience!
USA Price: $10,200 + Sales Tax (NYC) 8.875% = $11,105.25
Paris Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536 Converted to USD = $9265
Price difference $1,840
Is A classic Chanel Bag Cheaper in Paris or Singapore?
In short, a black classic Chanel bag in Lambskin leather is €1,344 cheaper in Paris compared to Singapore. Those savings will help pay for your trip to Paris!
Singapore Price: SGD 14,560 Converted to Euros = €9880
Paris Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536
Price difference €1,344
Is a Classic Chanel Bag cheaper in Paris or the UK?
In a nutshell, a classic Chanel bag is cheaper in Paris by €1477 compared to the UK. I highly recommend if you are based in the UK, you take the tube over for a day of shopping in Paris in order to take advantage of these savings.
UK Price: £8,530 Converted to Euros = €10,013
Paris Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536
Price Difference €1477
Is a classic Chanel Bag cheaper in Paris or Italy
The price of a classic Chanel bag is the exact same price whether you purchase it in Paris or Italy. In both Paris and Italy the price of the bag is the same, and you qualify for the VAT Tax refund in both locations.
Italy Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536
Paris Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536
No Price Difference
Is a classic Chanel bag cheaper in Paris or Dubai
The short answer is, a classic Chanel bag is cheaper in Paris compared to Dubai by €1,306! Both Paris and Dubai are great places to go luxury shopping, but if you are looking to purchase a Chanel bag at a discount then Paris is the better place to purchase your Chanel bag
Dubai Price: 39,220 AED Converted to Euros = €9842
Paris Price: €9,700 – VAT TAX Refund 12% (€1,164) = €8536
Price difference €1,306
Vintage Chanel Shopping in Paris
If you are looking to purchase a vintage Chanel bag then Paris is the place to do so. Paris is filled with tons of high-end luxury vintage shops at great prices. If you purchase a vintage Chanel bag in the 2008 Circa or older you’ll still be able to receive the Chanel bag with the dipped 24k gold. Plus even if you purchase a vintage Chanel bag in Paris you still qualify for the VAT Tax refund which will give you an additional 12% refund on your credit card after you leave Paris.
Final Thoughts on Are Chanel Bags Cheaper in Paris
I love the fact that Chanel bags are cheaper in Paris because it gives you a reason to travel to Paris and get a new bag while creating memories. I remember when I purchased my first piece from the original Chanel stores in Paris, it was magical, and I’ll never forget the experience. Did you know that shopping in Paris and purchasing a Chanel bag is cheaper than any other country?
Sincerely Petite in Paris,
Diane