United States | Canada | Euro countries |
United Kingdom | Singapore | Hong Kong |
Australia | Japan | China |
South Korea | Thailand | Malaysia |
For the euro countries, we’re going to pick Italy for this analysis, because it has the highest tax-refund rate.
The price analysis for Australians and travellers
This article is very helpful and informative, especially for Australians because we’re going to do the analysis in two parts:1). For local Australians: the AUD prices with GST included will be compared with the prices tax excluded (after tax-refund) of other countries.Why? Because Australian citizens need to pay GST if they shop in their own country, but they can apply for tax-refund in foreign countries.2). For non-Australian citizens aka tourists or travellers: the AUD prices are GST excluded and will be compared with the prices tax-excluded (after tax-refund) of other countries.Why? Because tourists and travellers are eligible for tax-refund in Australia and other foreign countries.The bag analysis categories
We’re not going to analyze every handbag, but instead we’re going to categorize them in 4 parts: 1. the iconic handbags: like the Classic Flap Bag or the Reissue 2.55 Bag 2. the boy bags: like the Small Classic Boy Bags 3. the upcoming classics: like the Trendy CC Bag or Coco Handle Bag 4. the seasonal handbags: new bags that are only available in certain seasons.The Content
There will be 4 chapters and in each chapter there are 3 sections:- 1. The Classic Bags 1a. The Price Comparison 1b. Price differences for the (local) Australians 1c. Price differences for travellers/tourists
- 2. The Boy Bags 2a. The Price Comparison 2b. Price differences for the (local) Australians 2c. Price differences for travellers/tourists
- 3. The Upcoming Classic Bags 3a. The Price Comparison 3b. Price differences for the (local) Australians 3c. Price differences for travellers/tourists
- 4. The Seasonal Bags 4a. The Price Comparison 4b. Price differences for the (local) Australians 4c. Price differences for travellers/touristsIn the ‘b and c sections’, the table has 3 columns: Column 1: Countries: referring to the country Column 2: Price differences: the price differences in AUD Column 3: Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?
1. The Classic Bags
Chanel M/L Classic Flap Bag
Style code: A01112
Size: 10′ x 6′ x 2.5′ inches
The category of the Classic Bags includes the Classic Flap Bag, Reissue 2.55 Bag but also the Classic Wallets and Classic Wallet On Chain Bag.In this analysis, we’re going to use the M/L Classic Flap Bag as an example. The current price of the M/L Classic Flap Bag in Australia is $7240 AUD with GST.The price GST excluded is $6582 AUD.
The price GST excluded is the price after tax-refund.
1a. The Price Comparison
In the table below, there are 3 columns:1). Countries: referring to the country 2). Prices Without Tax: these prices are already tax excluded due to tax-refund. Note: Europe prices are based on tax-refund rate in Italy because they have the highest rate. The tax-refunds are based on refund via credit card, but refund based on cash is slightly higher. 3). Prices converted AUD: the ‘Prices Without Tax’ are converted to AUD as per currency exchange rate on 12-8-2018.Countries | Prices Without Tax | Prices Converted AUD |
United States | $5300 USD | $7257 AUD |
Europe | €3853 euro | $6026 AUD |
United Kingdom | £3451 GBP | $6034 AUD |
Singapore | $7022 SGD | $7002 AUD |
Hong Kong | $41100 HKD | $7168 AUD |
Japan | ¥583625 JPY | $7207 AUD |
China | ¥33488 RMB | $6700 AUD |
Canada | $6550 CAD | $6815 AUD |
Malaysia | 20450 MYR | $6854 AUD |
South Korea | 5766500 WON | $6995 AUD |
Thailand | 167293 Baht | $6883 AUD |
1b. Price differences for the (local) Australians
In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current M/L Classic Bag price in AUD with GST is: $7240 AUD. The current price after tax-refund in Italy is €3853 euro. €3853 euro converted to AUD is $6026 AUD.So the price differences is: $7240 AUD – $6026 AUD = $1214 AUD. So it’s $1214 AUD cheaper to buy in Italy.The table below is separated in 3 columns: 1). Countries: referring to the country 2). Price differences: the price differences in AUD 3). Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$17 AUD | Cheaper |
Europe | $1214 AUD | Expensive |
United Kingdom | $1206 AUD | Expensive |
Singapore | $238 AUD | Expensive |
Hong Kong | $72 AUD | Expensive |
Japan | $33 AUD | Expensive |
China | $540 AUD | Expensive |
Canada | $425 AUD | Expensive |
Malaysia | $386 AUD | Expensive |
South Korea | $245 AUD | Expensive |
Thailand | $357 AUD | Expensive |
It’s quite obvious that purchasing in another country is cheaper if you’re an Australian citizen that needs to pay 10% GST. But in the table above, you can compare the price differences and see where it’s the best location to buy.
1c. Price differences for travellers/tourists
In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 1b)For example; the current M/L Classic Bag price in AUD after tax-refund is: $6582 AUD. The current price after tax-refund in Italy is €3853 euro. €3853 euro converted to AUD is $6026 AUD.So the price differences is: $6582 AUD – $6026 AUD = $556 AUD. So it’s $556 AUD cheaper to buy in Italy than in Australia.The table below is separated in 3 columns: 1). Countries: referring to the country 2). Price differences: the price differences in AUD 3). Expensive Or Cheaper To Buy In Aussie: is it more expensive or cheaper to buy in Australia?Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$675 AUD | Cheaper |
Europe | $556 AUD | Expensive |
United Kingdom | $548 AUD | Expensive |
Singapore | -$420 AUD | Cheaper |
Hong Kong | -$586 AUD | Cheaper |
Japan | -$625 AUD | Cheaper |
China | -$118 AUD | Cheaper |
Canada | -$233 AUD | Cheaper |
Malaysia | -$272 AUD | Cheaper |
South Korea | -$413 AUD | Cheaper |
Thailand | -$301 AUD | Cheaper |
2. The Boy Bags
Chanel Old Medium Classic Boy Bag
Style code: A67086
Size: 5.9′ x 9.8′ x 3.5′ inches
The category of the Boy Bags includes the Classic Boy Bag, but also the Classic Boy Wallets and Boy Wallet On Chain Bag.In this analysis, we’re going to use the Old Medium Classic Boy Bag as an example. The current price of the Old Medium Classic Boy Bag in Australia is $6440 AUD with GST.The price GST excluded is $5855 AUD.
2a. The Price Comparison
The price GST excluded is the price after tax-refund.
Countries | Prices Without Tax | Prices Converted AUD |
United States | $4700 USD | $6435 AUD |
Europe | €3423 euro | $5353 AUD |
United Kingdom | £3010 GBP | $5262 AUD |
Singapore | $6229 SGD | $6211 AUD |
Hong Kong | $36500 HKD | $6366 AUD |
Japan | ¥517650 JPY | $6392 AUD |
China | ¥29757 RMB | $5952 AUD |
Canada | $5800 CAD | $6034 AUD |
Malaysia | 18170 MYR | $6090 AUD |
South Korea | 5060000 WON | $6138 AUD |
Thailand | 146264 Baht | $6017 AUD |
2b. Price differences for the (local) Australians
In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Old Medium Classic Boy Bag price in AUD with GST is: $6440 AUD. The current price after tax-refund in Italy is €3423 euro. €3423 euro converted to AUD is $5353 AUD.So the price differences is: $6440 AUD – $5353 AUD = $1087 AUD. So it’s $1087 AUD cheaper to buy in Italy.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | $5 AUD | Expensive |
Europe | $1087 AUD | Expensive |
United Kingdom | $1178 AUD | Expensive |
Singapore | $229 AUD | Expensive |
Hong Kong | $74 AUD | Expensive |
Japan | $48 AUD | Expensive |
China | $488 AUD | Expensive |
Canada | $406 AUD | Expensive |
Malaysia | $350 AUD | Expensive |
South Korea | $302 AUD | Expensive |
Thailand | $423 AUD | Expensive |
2c. Price differences for travellers/tourists
In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 2b)For example; the current Old Medium Classic Boy Bag price in AUD after tax-refund is: $5855 AUD. The current price after tax-refund in Italy is €3423 euro. €3423 euro converted to AUD is $5353 AUD.So the price differences is: $5855 AUD – $5353 AUD = $502 AUD. So it’s $502 AUD cheaper to buy in Italy than in Australia.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$580 AUD | Cheaper |
Europe | $502 AUD | Expensive |
United Kingdom | $593 AUD | Expensive |
Singapore | -$356 AUD | Cheaper |
Hong Kong | -$511 AUD | Cheaper |
Japan | -$537 AUD | Cheaper |
China | -$97 AUD | Cheaper |
Canada | -$179 AUD | Cheaper |
Malaysia | -$235 AUD | Cheaper |
South Korea | -$283 AUD | Cheaper |
Thailand | -$162 AUD | Cheaper |
3. The Upcoming Classic Bags
Chanel Medium Coco Handle Bag With Calfskin Handle
Style code: A92992
Size: 8.7′ x 13′ x 4.7′ inches
The category of the Upcoming Classic Bags includes the Trendy CC Bag, Coco Handle Bag, Gabrielle Bag, CC Filigree Bag.In this analysis, we’re going to use the Medium Coco Handle Bag With Calfskin Handle as an example. The current price of the Medium Coco Handle Bag With Calfskin Handle in Australia is $5360 AUD with GST.The price GST excluded is $4873 AUD.
The price GST excluded is the price after tax-refund.
3a. The Price Comparison
Countries | Prices Without Tax | Prices Converted AUD |
United States | $4300 USD | $5887 AUD |
Europe | €2967 euro | $4640 AUD |
United Kingdom | £2923 GBP | $5111 AUD |
Singapore | $5473 SGD | $5458 AUD |
Hong Kong | $30100 HKD | $5250 AUD |
Japan | ¥449645 JPY | $5553 AUD |
China | ¥26026 RMB | $5205 AUD |
Canada | $4800 CAD | $4994 AUD |
Malaysia | 17190 MYR | $5762 AUD |
South Korea | 4430000 WON | $5374 AUD |
Thailand | 132245 Baht | $5441 AUD |
3b. Price differences for the (local) Australians
In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Medium Coco Handle Bag With Calfskin Handle price in AUD with GST is: $5360 AUD. The current price after tax-refund in Italy is €2967 euro. €2967 euro converted to AUD is $4640 AUD.So the price differences is: $5360 AUD – $4640 AUD = $720 AUD. So it’s $720 AUD cheaper to buy in Italy.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$527 AUD | Cheaper |
Europe | $720 AUD | Expensive |
United Kingdom | $249 AUD | Expensive |
Singapore | -$98 AUD | Cheaper |
Hong Kong | $110 AUD | Expensive |
Japan | -$193 AUD | Cheaper |
China | $155 AUD | Expensive |
Canada | $366 AUD | Expensive |
Malaysia | -$402 AUD | Cheaper |
South Korea | -$14 AUD | Cheaper |
Thailand | -$81 AUD | Cheaper |
3c. Price differences for travellers/tourists
In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 3b)For example; the current Medium Coco Handle Bag With Calfskin Handle price in AUD after tax-refund is: $4873 AUD. The current price after tax-refund in Italy is €2967 euro. €2967 euro converted to AUD is $4640 AUD.So the price differences is: $4873 AUD – $4640 AUD = $233 AUD. So it’s $233 AUD cheaper to buy in Italy than in Australia.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$1014 AUD | Cheaper |
Europe | $233 AUD | Expensive |
United Kingdom | -$238 AUD | Cheaper |
Singapore | -$585 AUD | Cheaper |
Hong Kong | -$377 AUD | Cheaper |
Japan | -$680 AUD | Cheaper |
China | -$332 AUD | Cheaper |
Canada | -$121 AUD | Cheaper |
Malaysia | -$889 AUD | Cheaper |
South Korea | -$501 AUD | Cheaper |
Thailand | -$568 AUD | Cheaper |
4. The Seasonal Bags
Chanel Chevron Waist Bag
Style code: A57592
Size: 4.3′ x 2.4′ x 7.1′ inches
The seasonal bags are the new handbags that are released in every new season. Some of them will stick and return in the future, but majority will be discontinued when the season is over.In this analysis, we’re going to use the Chevron Waist Bag (from the F/W 2018 Collection Act 1) as an example. The current price of the Chevron Waist Bag in Australia is $4670 AUD with GST.The price GST excluded is $4245 AUD.
The price GST excluded is the price after tax-refund.
4a. The Price Comparison
Countries | Prices Without Tax | Prices Converted AUD |
United States | $3400 USD | $4656 AUD |
Europe | €2406 euro | $3763 AUD |
United Kingdom | £2157 GBP | $3771 AUD |
Singapore | $4496 SGD | $4483 AUD |
Hong Kong | $25700 HKD | $4482 AUD |
Japan | ¥364385 JPY | $4500 AUD |
China | ¥20748 RMB | $4150 AUD |
Canada | $4100 CAD | $4265 AUD |
Malaysia | 12730 MYR | $4267 AUD |
South Korea | 4226000 WON | $5126 AUD |
Thailand | 105609 Baht | $4345 AUD |
4b. Price differences for the (local) Australians
In this analysis, we’re going to compare the ‘AUD prices GST included’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table above).For example; the current Chevron Waist Bag (from the F/W 2018 Collection Act 1) price in AUD with GST is: $4670 AUD. The current price after tax-refund in Italy is €2406 euro. €2406 euro converted to AUD is $3763 AUD.So the price differences is: $4670 AUD – $3763 AUD = $907 AUD. So it’s $907 AUD cheaper to buy in Italy.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | $14 AUD | Expensive |
Europe | $907 AUD | Expensive |
United Kingdom | $899 AUD | Expensive |
Singapore | $187 AUD | Expensive |
Hong Kong | $188 AUD | Expensive |
Japan | $170 AUD | Expensive |
China | $520 AUD | Expensive |
Canada | $405 AUD | Expensive |
Malaysia | $403 AUD | Expensive |
South Korea | -$456 AUD | Cheaper |
Thailand | $325 AUD | Expensive |
4c. Price differences for travellers/tourists
In this analysis, we’re going to compare the ‘AUD prices after tax-refund’ with the ‘prices after tax-refund’ of other countries in AUD (the prices from the table 4b)For example; the current Chevron Waist Bag (from the F/W 2018 Collection Act 1) price in AUD after tax-refund is: $4245 AUD. The current price after tax-refund in Italy is €2406 euro. €2406 euro converted to AUD is $3763 AUD.So the price differences is: $4245 AUD – $3763 AUD = $482 AUD. So it’s $482 AUD cheaper to buy in Italy than in Australia.Countries | Price Differences | Expensive Or Cheaper To Buy In Aussie |
United States | -$410 AUD | Cheaper |
Europe | $482 AUD | Expensive |
United Kingdom | $474 AUD | Expensive |
Singapore | -$238 AUD | Cheaper |
Hong Kong | -$237 AUD | Cheaper |
Japan | -$255 AUD | Cheaper |
China | $95 AUD | Expensive |
Canada | -$20 AUD | Cheaper |
Malaysia | -$22 AUD | Cheaper |
South Korea | -$881 AUD | Cheaper |
Thailand | -$100 AUD | Cheaper |
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