A little research shows where you can find the cheapest place to buy your Chanel dream bag. A couple percentage discount is already a few of hundred bucks less and you can use the extra money to buy something else, don’t you agree?
Until today, Chanel has increased their prices every year, but when comparing EU, Asia and US, the cheapest place is still Europe. If you are a NON-EU citizen, you can enjoy a whopping 12% tax advantage. And if not, you can still fly over to Heathrow airport and buy in the tax-free area.
Even if we don’t include the EU tax advantage, it still cheaper to buy in Europe, thanks to currency exchange. The price of a Chanel reissue 226 cost €3,450, while you are paying $4,900 in the US (prices from 2012).
Maybe the price differences has to do with the shipping cost, Chanel bags are made in France, Spain and Italy, but to get into the US or Hong Kong, they need be transported. On the other hand, the extreme high-demand on luxury products in Asia are pulling the prices up, people in Hong Kong are willing to stand in line just to get INTO the Chanel boutique. How amazing is that?
Now that might explain the ridiculous prices in Hong Kong. But for me, I love shopping Chanel in France, especially in Paris. It’s like picking your fruit fresh from the tree. And they have 12 boutiques available, with nice and professionally trained SA’s to assist me. I love Chanel and I love Paris!
UPDATE: You can find the latest information about buying Chanel bags cheaper here.
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Hi!
I am EU citizent, going to London in March and Barcelona in May. I would like to buy Chanel classic medium lambskin silver bag. Where would you advice I should buy the bag cheapest? Also I found another bag of Chanel that I would like but I don’t have details of it (picture attached). Can you help? Many thanx to your effort!
You’re an EU Citizen, you will not get tax refund in London and Barcelona. Barcelona has low stock btw. The bag you show is just different quilting of the Classic Flap Bag. Chevron quilting, but its actually the same bag.
You’re an EU Citizen, so the bag is the same price in your location and Barcelona. No need to travel so far to buy.
The price in euro: €4480,-
Price in GBP: £3990,- (if you convert it into euro, the price will be: €4531,-
So its more expensive to buy in London.
The chevron quilting on the picture, is the same price.
Hi..am a visiting France,actually in Nice.I would like to purchase classic flap Chanel bag.Do u think it’s wise to buy here in Europe or USA cos soon I will be traveling to NYC. Which is the cost effective place to buy?Am from Asia.Thanks
Hi Chitra, you’re saying you’re from Asia, which means you’re a tourist. Buying in Europe is far cheaper because you can VAT back. You can compare the USD prices with Euro prices here: https://www.bragmybag.com/chanel-bags-prices/
All prices are latest. The euro prices is included with VAT, to deduct VAT, you need to deduct 12%.
The rate of VAT refund is different in every EU country, you can see all the rates here: https://www.bragmybag.com/vat-refund-in-europe/