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Price List
Chanel Price after 27th March 2024 hike in US, UK and Europe
28
Mar
Mar
Yes we were spot on when we predicted in Jan 2024 that the next price hike for Chanel will be in March 2024.
On March 27th 2024, Chanel decide to increase its price again. This is a global price hike where the price is increased whether you are in US, UK, Singapore or Europe.
Following is the price list when we compared its against the price before 27 March 2024 and 2023 in the US.
| After March 27, 2024 | 2024 | 2023 | |
|---|---|---|---|
| Chanel Classic Mini Square Flap Bag | $5,000 | $4,700 | $4,200 |
| Chanel Classic Mini Rectangular Flap Bag | $5,200 | $4,900 | $4,400 |
| Chanel Classic Small Flap Bag | $10,400 | $9,600 | $8,200 |
| Chanel Classic Medium Flap Bag | $10,800 | $10,200 | $8,800 |
| Chanel Classic Jumbo Flap Bag | $11,700 | $11,000 | $9,500 |
| Chanel Classic Maxi Flap Bag | $12,300 | $11,500 | $10,000 |
| Chanel Classic Flap Mini Top Handle | $5,600 | $5,400 | $4,800 |
| Chanel Coco Handle Mini | $5,600 | $5,400 | $4,800 |
| Chanel Coco Handle Small | $6,200 | $5,900 | $5,000 |
| Chanel Small Boy Flap Bag | $6,400 | $6,100 | $5,400 |
| Chanel Medium Boy Flap Bag | $6,900 | $6,600 | $5,900 |
| Chanel Large Boy Flap Bag | $7,300 | $7,000 | $6,200 |
| Chanel 19 Small Bag | $6,600 | $6,400 | $5,700 |
| Chanel 19 Large Bag | $7,300 | $6,800 | $6,300 |
| Chanel 19 Maxi Bag | $7,900 | $7,500 | $6,900 |
| Chanel 22 Small Bag | $5,500 | $5,500 | $5,300 |
| Chanel 22 Large Bag | $6,300 | $6,300 | $5,300 |
How about the Chanel prices Increase in Europe and UK after March 2024?
Similarly the price in Europe has hiked after March 27th 2024. Following is the price list before and after March 27th 2024 if you planning to buy your Chanel in Paris, London or any other parts of Europe.
| Chanel Classic Sizes | 2024 (Euros) | After March 27, 2024 (Euros) |
|---|---|---|
| Classic Small Flap | € 9,300 | € 9,900 |
| Classic Medium Flap | € 9,700 | € 10,300 |
| Classic Jumbo Flap | € 10,500 | € 11,100 |
| Classic Maxi Flap | € 11,100 | € 11,700 |
| Classic Mini Square | € 4,500 | € 4,750 |
| Classic Mini Rectangle | € 4,700 | € 4,950 |
| Classic Wallet on Chain | € 3,200 | € 3,200 |
| Chanel 22 Mini Handbag | € 4.95 | € 4,950 |
| Chanel 22 Small Handbag | € 5,500 | € 5,500 |
| Chanel 22 Handbag | € 5,800 | € 5,800 |
| Chanel 22 Large Handbag | € 6,250 | € 6,250 |
| Chanel 19 | € 6,100 | € 6,500 |
| Chanel 19 Large | € 6,700 | € 7,100 |
| Chanel 19 Maxi | € 7,350 | € 7,750 |
| Mini 2.55 Handbag | € 4,700 | € 4,950 |
| 2.55 Handbag | € 9,700 | € 10,300 |
| Large 2.55 Handbag | € 10,500 | € 11,100 |
| Small Boy Chanel Handbag | € 5,750 | € 6,100 |
| Boy Chanel Handbag | € 6,350 | € 6,750 |
| Large Boy Chanel Handbag | € 6,700 | € 7,100 |
| Flap Bag with Top Handle (Trendy CC) | € 6,600 | € 6,900 |
The price for UK after price increase in 27 March 2024 is as follow
| Model | 2024 (GBP) | Price after March 27, 2024 (GBP) |
|---|---|---|
| Classic Small Flap | £8,180 | £8,510 |
| Classic Medium Flap | £8,530 | £8,850 |
| Classic Jumbo Flap | £9,240 | £9,540 |
| Classic Maxi Flap | £9,760 | £10,060 |
| Classic Mini Square | £3,960 | £4,080 |
| Classic Mini Rectangle | £4,130 | £4,250 |
| Classic Wallet on Chain | £2,810 | £2,810 |
| Chanel 22 Mini Handbag | £4,350 | £4,350 |
| Chanel 22 Small Handbag | £4,840 | £4,840 |
| Chanel 22 Handbag | £5,100 | £5,100 |
| Chanel 22 Large Handbag | £5,500 | £5,500 |
| Chanel 19 | £5,360 | £5,590 |
| Chanel 19 Large | £5,890 | £6,100 |
| Chanel 19 Maxi | £6,460 | £6,660 |
| Mini 2.55 Handbag | £4,130 | £4,250 |
| 2.55 Handbag | £8,530 | £8,850 |
| Large 2.55 Handbag | £9,240 | £9,540 |
| Small Boy Chanel Handbag | £5,060 | £5,240 |
| Boy Chanel Handbag | £5,580 | £5,800 |
| Large Boy Chanel Handbag | £5,890 | £6,100 |
| Flap Bag with Top Handle (Trendy CC) | £5,800 | £5,930 |
So it is cheaper to buy Chanel in the US or Paris?
In the following table, we compared the price between US and Europe. Looking at the comparison, you will be scratching your head and wondering why is it more expensive to buy Chanel in US than Europe after converting the currency EURO to USD. The reason is because Europe prices include VAT while the price in US exclude state taxes which varies from states to states.
| Europe | USD | Europe Price in USD | |
|---|---|---|---|
| 2.55 Handbag | € 10,300 | $10,800 | $11,124 |
| Boy Chanel Handbag | € 6,750 | $6,900 | $7,290 |
| Chanel 19 | € 6,500 | $6,600 | $7,020 |
| Chanel 19 Large | € 7,100 | $7,300 | $7,668 |
| Chanel 19 Maxi | € 7,750 | $7,900 | $8,370 |
| Chanel 22 Handbag | € 5,800 | $5,800 | $6,264 |
| Chanel 22 Large Handbag | € 6,250 | $6,300 | $6,750 |
| Chanel 22 Mini Handbag | € 4,950 | $5,000 | $5,346 |
| Chanel 22 Small Handbag | € 5,500 | $5,500 | $5,940 |
| Classic Jumbo Flap | € 11,100 | $11,700 | $11,988 |
| Classic Maxi Flap | € 11,700 | $12,300 | $12,636 |
| Classic Medium Flap | € 10,300 | $10,800 | $11,124 |
| Classic Mini Rectangle | € 4,950 | $5,200 | $5,346 |
| Classic Mini Square | € 4,750 | $5,000 | $5,130 |
| Classic Small Flap | € 9,900 | $10,400 | $10,692 |
| Classic Wallet on Chain | € 3,200 | $3,350 | $3,456 |
| Flap Bag with Top Handle (Trendy CC) | € 6,900 | $7,100 | $7,452 |
| Large 2.55 Handbag | € 11,100 | $11,700 | $11,988 |
| Large Boy Chanel Handbag | € 7,100 | $7,300 | $7,668 |
| Mini 2.55 Handbag | € 4,950 | $5,200 | $5,346 |
| Small Boy Chanel Handbag | € 6,100 | $6,400 | $6,588 |
Like sales taxes in United States, the VAT impose and refund also varies depending which country you buy from? Hungary has the highest VAT refund at 27%. The VAT imposed for popular tourist countries like France, Italy, Germany is as follow:
| Country | VAT | Actual Refund |
|---|---|---|
| France | 20% | 8~12% |
| Italy | 22% | 11~15.5% |
| Spain | 21% | 10.4~15.7% |
| Portugal | 12~15% | |
| Germany | 19% | 6.1~14.5% |
You won’t get the full VAT for refund, the actual VAT refund is after all the administrative fees and commissions.
Assuming you are planning to buy your Chanel in New York which impose a 4.5% goods retail taxes versus a VAT refund of 12% in Paris. Comparing the prices below after converting to USD, it is still cheaper to buy in Europe compared to buying in United States.
| After 4.5% US Sales Tax | Europe Price After 12% VAT Refund | |
|---|---|---|
| 2.55 Handbag | $ 11,286 | $ 10,456 |
| Boy Chanel Handbag | $ 7,211 | $ 6,853 |
| Chanel 19 | $ 6,897 | $ 6,599 |
| Chanel 19 Large | $ 7,629 | $ 7,208 |
| Chanel 19 Maxi | $ 8,256 | $ 7,868 |
| Chanel 22 Handbag | $ 6,061 | $ 5,888 |
| Chanel 22 Large Handbag | $ 6,584 | $ 6,345 |
| Chanel 22 Mini Handbag | $ 5,225 | $ 5,025 |
| Chanel 22 Small Handbag | $ 5,748 | $ 5,584 |
| Classic Jumbo Flap | $ 12,227 | $ 11,269 |
| Classic Maxi Flap | $ 12,854 | $ 11,878 |
| Classic Medium Flap | $ 11,286 | $ 10,457 |
| Classic Mini Rectangle | $ 5,434 | $ 5,025 |
| Classic Mini Square | $ 5,225 | $ 4,822 |
| Classic Small Flap | $ 10,868 | $ 10,050 |
| Classic Wallet on Chain | $ 3,501 | $ 3,249 |
| Flap Bag with Top Handle (Trendy CC) | $ 7,420 | $ 7,005 |
| Large 2.55 Handbag | $ 12,227 | $ 11,269 |
| Large Boy Chanel Handbag | $ 7,629 | $ 7,208 |
| Mini 2.55 Handbag | $ 5,434 | $ 5,025 |
| Small Boy Chanel Handbag | $ 6,688 | $ 6,193 |
When will the next hike for Chanel be?
Our prediction will be in September 2024. Check out this space for more update.