Is Louis Vuitton Cheaper in Paris?
If you are traveling to Paris and plan to go shopping at Louis Vuitton, you may be wondering is Louis Vuitton cheaper in Paris? The Answer is Yes, Louis Vuitton is Cheaper in Paris on average by 30%! This is because of the EU Vat Tax refund of 12%, the brand is headquartered in Paris, which means you don't have to pay import tax, and because of the currency exchange rate.
Why is Louis Vuitton cheaper in Paris?
There are 3 main reasons that Louis Vuitton is cheaper in Paris, the first reason is the VAT Tax Refund that is available in EU countries including Paris, France. If you spend more than 100.01 Euros at Louis Vuitton you qualify for the VAT Tax refund in Paris, which is a saving of an additional 12% which is applied to your credit card 30–90 days after leaving the EU.
The second main reason Louis Vuitton is cheaper in Paris is because it is headquartered in Paris. By being headquartered in Paris, Louis Vuitton doesn't have to pay taxes such as import tax, transportation tax, state or country tax which is built into the price in other countries. The best rule of thumb to follow is any brand that is headquartered in Paris (or Europe) is going to be cheaper in Paris (or Europe). By Louis Vuitton being headquartered in Paris, it makes it the price substantially cheaper.
The third main reason is over the last 3 years the Euro currency has dropped in value, making your local currency stronger than before. This is one of the key reasons why Louis Vuitton is cheaper in Paris! More information on the current Euro exchange rates.
Price difference of Louis Vuitton in Paris vs USA
Louis Vuitton is Cheaper in Paris compared to the US on average by 31%. The Louis Vuitton Neverfull is $810 cheaper in Paris compared to the US! In fact, the most expensive place to buy Louis Vuitton products is in the US. The price difference, definitely helps justify a shopping trip to Paris!
| Louis Vuitton Neverfull Size MM in Canvas Material | Price |
| US Pricing | $2,030 |
| US Pricing + 8.875% NY Sales Tax | $2,210 |
| Paris Pricing | €1,500 |
| Paris Pricing Minus VAT TAX Refund 12% | €1,320 |
| Paris Pricing Converted to USD | $1,400 |
| Pricing Difference | $810 |
Price difference of Louis Vuitton in Paris vs Singapore
Louis Vuitton is cheaper in Paris compared to Singapore on average by 32%! The Louis Vuitton Neverfull is $665 cheaper in Paris compared to Singapore. If you are traveling from Singapore to Paris make sure you stop by LV for some incredible savings!
| Louis Vuitton Neverfull Size MM in Canvas Material | Price |
| Singapore Pricing | S$2,790 |
| Converted to USD | $2,065 |
| Paris Pricing | 1,500€ |
| Paris Pricing Minus VAT TAX Refund 12% | 1,320€ |
| Paris Pricing Converted to USD | $1,400 |
| Pricing Difference | $665 |
Price difference of Louis Vuitton in Paris vs Hong Kong
Louis Vuitton is cheaper in Paris compared to Hong Kong on average by 33%. The Louis Vuitton Neverfull is $691 cheaper in Paris compared to Hong Kong! What will you do with your savings? Shop Vintage Louis Vuitton Neverfull bags!
| Louis Vuitton Neverfull Size MM in Canvas Material | Price |
| Hong Kong Pricing | HK$16,300 |
| Converted to USD | $2,091 |
| Paris Pricing | 1,500€ |
| Paris Pricing Minus VAT TAX Refund 12% | 1,320€ |
| Paris Pricing Converted to USD | $1,400 |
| Pricing Difference | $691 |
Price difference of Louis Vuitton in Paris vs London, UK
Louis Vuitton is Cheaper in Paris compared to London, UK on average by 20%. The Louis Vuitton Neverfull is $331 cheaper in Paris compared to London! It is definitely worth hoping on the tube from London to go shopping! Due to the UK's Brexit, you no longer receive the VAT tax refund in the London or the UK.
| Louis Vuitton Neverfull Size MM in Canvas Material | Price |
| London Pricing | £1,410 |
| London Pricing Converted to USD | $1,686 |
| Paris Pricing | 1,500€ |
| Paris Pricing Minus VAT TAX Refund 12% | 1,320€ |
| Paris Pricing Converted to USD | $1,355 |
| Pricing Difference | $331 |
Price difference of Louis Vuitton in Paris vs Italy
Louis Vuitton is the exact same price in Paris vs Italy! In both countries you quality to for the 12% VAT Tax refund. Both Italy and Paris will have an abundance of Louis Vuitton bags, clothing, and accessories available for sale.
Why you should buy a Louis Vuitton
The first reason why you should buy a Louis Vuitton is because it is made of high quality material. Louis Vuitton is known for their sturdy, high quality products. I’ve owned my Louis Vuitton Neverfull MM for 8 years now, use it frequently, clean it regularly, and it still looks is great condition.
The second reason why you should buy a Louis Vuitton today as opposed to tomorrow is because, Louis Vuitton is constantly raising their prices. For example, the Neverfull bag is a timeless piece that will never go out of style, and in my opinion it is a good investment piece. Louis Vuitton typically raises their prices one to two times a year. Shop Vintage Louis Vuitton bags
Recap on why Louis Vuitton Cheaper in Paris
To summarize and to answer the question are Louis Vuitton cheaper in Paris? The answer is yes, by buying a Louis Vuitton in Paris, Europe you save money! What will you do with your incredible savings? Perhaps buy a second Louis Vuitton bag, purse or even splurge on an accessory such as a scarf or wallet. Did you know that Louis Vuitton bags were cheaper in Paris?
Sincerely Petite in Paris,
Diane
