Some asked me if there was any way to both buy designer bags and save money. This was such a difficult question because the luxury product itself costs a lot of money. However, you can get more deals if you know where to buy them. Have you ever wondered: Is Louis Vuitton cheaper in Paris?
We have received the same question whether Gucci is more affordable in Italy or not. The detailed post about it is right here if you want. But today, let give your attention to Louis Vuitton, Paris, and how experts say about them.
Louis Vuitton in Paris
This brand was established by Louis Vuitton in 1854 on Rue Neuve des Capucines in Paris, France. After 164 years, it has become one of the top international fashion houses on this planet.
Although Louis Vuitton company has more than 460 stores operating in 50 countries around the world, there is a fact no one denies that Paris is the best place to buy LV bags.
Louis Vuitton’s headquarter is still located in the ‘City of Light’. You can visit Paris and stop by their stores in the Champs Elysees, Avenue Montaigne, Maison Vendôme, Saint Germain des Prés, or Galleries Lafayette…
A plus point for this brand is that they have almost all products in stock. Their services are also great. If the LV shop doesn’t have the purse you want to buy, they will contact other locations to order it for you or give you that store’s address.
The price difference between Paris and other places
Another thing you should know is that all Louis Vuitton goods are manufactured in France before being launched or distributed to other countries. Therefore, the brand doesn’t have to pay additional taxes like import tax, transportation tax…
That is also the reason why the price of Louis Vuitton in Paris or other countries in Europe substantially cheaper than in other places in this world. For example, if you buy an LV bag in the USA at $1,500, the same product in Paris or Europe only costs around $1000.
The advantage of VAT refund
This is the most exciting part of this post. If you are not a European citizen, you are entitled to have a VAT (value-added tax) refund. In France, the tax refund you can get is around 10-20% for Louis Vuitton products.
However, the only disadvantage is that this process can take up to 3 months. There is also a fee involved in the process so you may not receive the full refund.
Tips for you:
- Don’t forget to check the exchange rates between your local currency versus Euro if you are planning to go to Paris.
- Pay in cash instead of credit card because they have the worse rates and some credit cards will be charged administrative fees.
- Remember to take your passport with you before buying anything. The store needs to take the information in your actual passport to confirm your VAT tax refund process so a copy is not enough.