chanel price increase eu us

Is Buying Chanel Bag In Europe Or US Cheaper In 2020?

Chanel increased the prices of their Classic Chanel Bags around the world. That includes in Europe and United States and it happened exactly on 11 May 2020.

So now would you rather buy a Chanel Bag in Europe or in the US? It depends on how much you can save right? Well, we’re going to calculate the pros and the cons and also in details how much a bag costs in Euro and USD. We’re also going to calculate the prices with and without the tax-refund.

In the end we’re going to make a recommendation: Where should you buy?

There will be 2 chapters:
1. Chanel Bag Price Comparison USD versus Euro (after tax-refund)
2. Chanel Bag Price Comparison USD versus Euro (with tax-refund)

If you’re an US citizen, you are interested in number 1, because you’re qualified to apply for tax-refund.

If you’re a EU citizen, you might be interested in number 2, because an EU citizen can’t apply for tax-refund. You want to compare the prices of USD with Euro prices with tax-refund and look where to get the Chanel bag the cheapest.

Are you ready? Let’s go…

Chanel Bag Price Comparison USD versus Euro (after tax-refund)

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Before you dive into the numbers:

  • This chapter is for US Citizens, because they can apply for tax-refund
  • There are 3 columns:
    1 = Bag prices in United States
    2 = Bag prices tax excluded in Europe
    3 = Bag prices in column 2 converted from euro to USD as per 26 may 2020 currency exchange
  • The euro prices tax-excluded are calculated based on the tax-refund rate in France, which is around 13%
  • Meaning, you can get the bags even cheaper in Italy, which has a tax-refund rate of 15%
    Chanel Classic BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel New Mini Classic Bag$3800 USD€3086 euro$3391 USD
    Chanel Mini Square Classic Bag$3500 USD€2954 euro$3246 USD
    Chanel Small Classic Bag$5800 USD€4849 euro$5328 USD
    Chanel M/L Classic Flap Bag$6500 USD€5334 euro$5861 USD
    Chanel Jumbo Classic Flap Bag$7100 USD€5819 euro$6394 USD
    Chanel Maxi Classic Flap Bag$7700 USD€6260 euro$6879 USD
    Chanel Reissue 2.55 BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel 224 Reissue 2.55 Bag$5800 USD€4849 euro$5328 USD
    Chanel 225 Reissue 2.55 Bag$6500 USD€5334 euro$5861 USD
    Chanel 226 Reissue 2.55 Bag$7100 USD€5819 euro$6394 USD
    Chanel 227 Reissue 2.55$7700 USD€6260 euro$6879 USD
    Chanel Boy Classic BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel Small Boy Bag$4600 USD€3791 euro$4166 USD
    Chanel Old Medium Boy Bag$5000 USD€4144 euro$4554 USD
    Chanel New Medium Boy Bag$5500 USD€4391 euro$4825 USD
    Chanel Gabrielle BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel Small Gabrielle Bag$4100 USD€3439 euro$3779 USD
    Chanel Medium Gabrielle Bag$4300 USD€3615 euro$3972 USD
    Chanel 19 BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel Small 19 Bag$4800 USD€4056 euro$4458 USD
    Chanel Medium 19 Bag$5300 USD€4409 euro$4846 USD
    Chanel Maxi 19 Bag$5800 USD€4849 euro$5330 USD

     

    Differences in USD and in %

    We have calculated the price differences in the United States and Europe in USD below. The prices we took in Europe are tax excluded.

    We have also calculated the price differences between these two countries in %, so it’s easier to know which bag you can buy for maximum discount.

    Chanel Classic BagPrice difference in USDPrice difference in %
    Chanel New Mini Classic Bag$409 USD10.8%
    Chanel Mini Square Classic Bag$254 USD7.3%
    Chanel Small Classic Bag$472 USD8.1%
    Chanel M/L Classic Flap Bag$639 USD9.8%
    Chanel Jumbo Classic Flap Bag$706 USD9.9%
    Chanel Maxi Classic Flap Bag$821 USD10.7%
    Chanel Reissue 2.55 BagPrice difference in USDPrice difference in %
    Chanel 224 Reissue 2.55 Bag$472 USD8.1%
    Chanel 225 Reissue 2.55 Bag$639 USD9.8%
    Chanel 226 Reissue 2.55 Bag$706 USD9.9%
    Chanel 227 Reissue 2.55$821 USD10.7%
    Chanel Boy Classic BagPrice difference in USDPrice difference in %
    Chanel Small Boy Bag$434 USD9.4%
    Chanel Old Medium Boy Bag$446 USD8.9%
    Chanel New Medium Boy Bag$675USD12.3%
    Chanel Gabrielle BagPrice difference in USDPrice difference in %
    Chanel Small Gabrielle Bag$821 USD20%
    Chanel Medium Gabrielle Bag$821 USD19.1%
    Chanel 19 BagPrice difference in USDPrice difference in %
    Chanel Small 19 Bag$821 USD17.1%
    Chanel Medium 19 Bag$821 USD15.5%
    Chanel Maxi 19 Bag$821 USD14.2%

    If you’re an US citizen, where do you buy Chanel Bag the cheapest?

    It’s obvious right? If it’s definitely cheaper to buy a Chanel Bag in Europe. You can apply for tax-refund and get a large discount. So for those in US that have missed the opportunity to buy before tax-refund, your next goal should be to shop in Europe.

    I want to make a conclusion about the research that we did:

    • Every bag you buy in Europe is cheaper than in the US if you can apply for tax-refund
    • The Gabrielle Bag and the 19 Bag has the highest discount in Europe with around 17% – 20%
    • The more expensive the bag, the more discount you get in terms of USD

    If you are going to travel in Europe and you want to know which country has the highest tax-refund rate, check our article: VAT Refund Rate In Europe. Shopping in Heathrow Airport in the UK will always be the cheapest, but the stock is limited.

    Chanel Bag Price Comparison USD versus Euro (with tax-refund)

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    Before you dive into the numbers:

      • This chapter is for EU Citizens, because they’re not qualified for tax-refund
      • The purpose of this chapter is to check whether it’s cheaper for an EU citizen to buy Chanel in Europe or United States
      • We will also provide best advice where you can still get a Chanel Bag cheaper than in the boutiques
      • There are 3 columns:
        1 = Bag prices in United States
        2 = Bag prices tax included in Europe
        3 = Bag prices in column 2 converted from euro to USD as per 26 may 2020 currency exchange

    StyleUSDEuro (before tax-refund)Euro converted to USD
    Chanel New Mini Classic Bag$3800 USD€3500 euro$3841 USD
    Chanel Mini Square Classic Bag$3500 USD€3350 euro$3676 USD
    Chanel Small Classic Bag$5800 USD€5500 euro$6036 USD
    Chanel M/L Classic Flap Bag$6500 USD€6050 euro$6640 USD
    Chanel Jumbo Classic Flap Bag$7100 USD€6600 euro$7243 USD
    Chanel Maxi Classic Flap Bag$7700 USD€7100 euro$7792 USD
    Chanel Reissue 2.55 BagUSDEuro (before tax-refund)Euro converted to USD
    Chanel 224 Reissue 2.55 Bag$5800 USD€5500 euro$6036 USD
    Chanel 225 Reissue 2.55 Bag$6500 USD€6050 euro$6640 USD
    Chanel 226 Reissue 2.55 Bag$7100 USD€6600 euro$7243 USD
    Chanel 227 Reissue 2.55$7700 USD€7100 euro$7792 USD
    Chanel Boy Classic BagUSDEuro (after tax-refund)Euro converted to USD
    Chanel Small Boy Bag$4600 USD€4300 euro$4719 USD
    Chanel Old Medium Boy Bag$5000 USD€4700 euro$5158 USD
    Chanel New Medium Boy Bag$5500 USD€4980 euro$5465 USD
    Chanel Gabrielle BagUSDEuro (before tax-refund)Euro converted to USD
    Chanel Small Gabrielle Bag$4100 USD€3900 euro$4280 USD
    Chanel Medium Gabrielle Bag$4300 USD€4100 euro$4500 USD
    Chanel 19 BagUSDEuro (before tax-refund)Euro converted to USD
    Chanel Small 19 Bag$4800 USD€4600 euro$5050 USD
    Chanel Medium 19 Bag$5300 USD€5000 euro$5487 USD
    Chanel Maxi 19 Bag$5800 USD€5500 euro$6036 USD

    Differences in USD and in %

    We have calculated the price differences in the United States and Europe in USD below. The prices we took in Europe are tax included.

    We have also calculated the price differences between these two countries in %, so it’s easier to compare. If the number is positive, it means it’s more expensive to buy in the United States.

    If you look closely below, all Chanel bags are more expensive if you buy in the US.

    Chanel Classic BagPrice difference in USDPrice difference in %
    Chanel New Mini Classic Bag$41 USD1.1%
    Chanel Mini Square Classic Bag$176 USD4.8%
    Chanel Small Classic Bag$236 USD3.9%
    Chanel M/L Classic Flap Bag$140 USD2.1%
    Chanel Jumbo Classic Flap Bag$143 USD2%
    Chanel Maxi Classic Flap Bag$92 USD1.2%
    Chanel Reissue 2.55 BagPrice difference in USDPrice difference in %
    Chanel 224 Reissue 2.55 Bag$236 USD3.9%
    Chanel 225 Reissue 2.55 Bag$140 USD2.1%
    Chanel 226 Reissue 2.55 Bag$143 USD2%
    Chanel 227 Reissue 2.55$92 USD1.2%
    Chanel Boy Classic BagPrice difference in USDPrice difference in %
    Chanel Small Boy Bag$119 USD2.5%
    Chanel Old Medium Boy Bag$158 USD3.1%
    Chanel New Medium Boy Bag-$350.6%
    Chanel Gabrielle BagPrice difference in USDPrice difference in %
    Chanel Small Gabrielle Bag$180 USD4.2%
    Chanel Medium Gabrielle Bag$200 USD4.4%
    Chanel 19 BagPrice difference in USDPrice difference in %
    Chanel Small 19 Bag$250 USD5%
    Chanel Medium 19 Bag$187 USD3.4%
    Chanel Maxi 19 Bag$236 USD3.9%

    If you’re an EU citizen, where do you buy Chanel Bag the cheapest?

    The conclusion is, if you are an EU citizen, it’s better to buy your Chanel Bag in Europe, because it’s more expensive to buy in the United States.

    But what about tax-refund in the US?

    In the US, you can’t apply for tax-refund in most States. The bag prices in USD are sales tax excluded, which means it will be even more expensive if it’s included. More over, each state has their own sales tax.

    Let me summarize the analysis:

      • If you’re an EU citizen, it’s best to buy in Europe, because it’s more expensive in the US
      • The USD bag prices are sales tax excluded, which means they can be more expensive if sales tax are added
      • You can’t apply for tax-refund in most States in the US, there are a few exceptionals, check this link for details: Guide To Tax Refund In The United States

    So I am an European Citizen, where do you advice me to buy my Chanel Bag?

    Our advice is to take full advantage of the Chanel boutique at Heathrow airport. You can buy a Chanel Bag at Heathrow that’s tax excluded, so no need to apply for tax-refund. However, the only way to get this tax advantage is to fly international, meaning you need to fly from Heathrow airport to a country outside of the European Union.

    Full explanation can be found here: Tax free Chanel Heathrow London Airport.

    If you have ideas and comments, please drop a message below. Let us know what you think.

COMMENTS
  • Roho B

    REPLY

    I have two points here:
    1. When you are comparing the prices for EU citizens, it seems it is more expensive to buy in Europe according to the logic presented here as the third column is a higher amount than the first column, isn’t it?
    2. Just to note that when comparing for US citizens the price difference is actually even more, because we also have to pay sales taxes on top of the retail price in US.

    September 15, 2020
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