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Where To Buy Gucci The Cheapest in 2024? (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund)

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Where To Buy Gucci The Cheapest in 2024? (Cheapest Country & Place, Discount, Price, VAT Rate & Tax Refund)

Influential, innovative and progressive, Gucci is reinventing a wholly modern approach to fashion. Gucci products represent the pinnacle of Italian craftsmanship and are unsurpassed for their quality and attention to detail. From the Ace sneakers to the Princetown loafers and iconic GG logo bags and belts, you can discover familiar Gucci signatures alongside new silhouettes. However, everyone loves a bargain! Where is Gucci cheapest in world? Is Gucci cheaper in Europe? Is Gucci cheaper in Paris? Is Gucci cheaper in USA? In this guide, I'm going to tell you what is the cheapest country to buy Gucci and recommend you some best and cheapest place to buy new and second-hand Gucci items online!

Cover Photo:gucci.com

The Cheapest Country to Buy Gucci 2024

Let's look at the Gucci cost comparison between the US, Europe, HK, Japan, China, Singapore, Canada and Australia. In this comparison, I will calculate the price difference with the currency exchange, sales tax and the VAT Refund amount.

For example, we will look at the Gucci GG Marmont small matelassé shoulder bag, color Black. Pricing and exchange rates are as of June 30. 2024.

Country & Region	Local Price	USD Equivalent Price	General VAT Rates
United States	$ 2,550	$2,550	0%-9.55%（Sales Tax-different states vary）
United Kingdom	£1800	$2184.60	20%
France	€2000	$2090.78	20%
Italy	€2000	$2090.78	22%
German	€2000	$2090.78	19%
Sweden	€2000	$2090.78	25%
Finland	€2000	$2090.78	24%
China	¥1,9500	$2912.40	13, 9, or 6% depending on the types of goods and services
Japan	Ұ284,900 (tax included)	$2085.32	Consumption tax: 10%
Canada	CA$3305	$2565.54	Combined federal and provincial/territorial sales taxes range from 5% to 15%.
Australia	AU$3695	$2547.20	Goods and services tax: 10%
Singapore	S$3850	$2767.27	Goods and services tax: 7%
HK(China)	HK$20,200	$2574.41	There is no VAT or sales tax in Hong Kong

Source:gucci.com

Conclusion:

As you can see from the table above and the chart, if you are going to purchase the Gucci GG Marmont bag, then you should definitely purchase the it in Europe due to VAT refund. If you are a visitor and normally reside outside of the European Union, you may be entitled to a VAT refund. The cheapest countries to buy Gucci with the highest VAT are:

Sweden: 25%

Finland: 24%

Italy: 22%

France: 20%

The most expensive place to buy a Gucci bag is in China.

What is VAT and VAT refund?

The VAT is a consumption tax assessed on the value added in each production stage of a good or service. Every business along the value chain receives a tax credit for the VAT already paid. The end consumer does not, making it a tax on final consumption.

More than 170 countries worldwide - including all European countries- levy a Value-Added Tax (VAT) on goods and services. As today's tax map shows, although harmonized to some extent by the European Union (EU), EU member states' VAT rates vary across countries. When you buy something in the EU without being a resident, you can be refunded the VAT (value-added tax).

Source:net-a-porter.com

Eligibility for a VAT refund

The conditions will vary a bit depending on the country and the store, but normally you have to meet the following (in France):

Spend at least €100 in the same store and on the same day;
Come from a country outside the EU;
Be 16 or older;
Stay in Europe for 6 months maximum;
Have your passport with you when you're shopping;
You will then benefit from of a 12% refund on the price of each product.

Are Gucci Cheaper In Paris?

The answer to this is a definite yes! For many luxury brands, their prices are cheaper in Paris than they are in the USA or the UK – this is particularly true for French or Italian brands.

Where to buy Gucci cheapest in the USA?

You can also buy Gucci at the tax-free states in the USA.

In the United States, the tax paid at the time of shopping and checkout is usually a comprehensive consumption tax, namely Combined Sales Tax, which is composed of the fixed state consumption tax (State Sales Tax) of each state + the local consumption tax (Local Sales Tax) of different regions , which results in different consumption taxes in different regions even within the same state.

Among the states in the United States, there are 5 tax-free states (Alaska is free of State Sales Tax, and some areas charge Local Sales Tax): Oregon, Delaware, Montana, New Hampshire, Alaska (part).

How to claim Your Refund?

Most of the time, sales assistants will automatically fill in the paperwork for your refund, but make sure to double-check so you don't miss out.

You can receive this VAT sales tax back immediately in cash – you will receive 10.8% of your purchase back if you leave the EU within 21 days. Or you can wait a little bit longer and receive the refund via your credit card, this may take up to three months but you will get 12% of your purchase back.

It's very important you remember to drop your tax refund paperwork off at the airport. At Paris - Orly or Paris – Charles de Gaulle airport, locate the tax refund desk, scan the document, and pop it into a mailbox, which is located in the terminals at both of these airports.

Finally, it's important to note that you will be subject to pay duty on your purchases - this is normally 3% in the US and 2.5% in the UK after your personal exemption (normally $800 in the US, £390 in the UK).

Is Gucci worth the money?

Are Gucci Products Worth It? A Gucci product is a personal preference. If Gucci is something you really want and you have the money to afford it, these products are well worth it. Gucci products are a very high quality, which certainly helps to justify the cost you pay for them.

Source:net-a-porter.com

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Where To Buy Gucci The Cheapest Online in 2024?

1. Luisaviaroma

Luisaviaroma.com is a top online luxury fashion destination with 5 million visitors per month with worldwide shipping. Its headquarters and stores are in Florence, Italy. LuisaViaRoma is known all over the world for its curated selection of over 600 luxury brands, including both iconic brands and emerging talents. With collections of clothing and accessories for men, women and kids, designer home items and beauty products, the company is a leader in the new fashion landscape.

Source:luisaviaroma.com

Gucci Prices: $175-$8500

Coupon or Discount:

-Extra 20% off selected already discounted items. Code FR20

Extrabux Cash Back: 8-10% Extrabux cash back

2. Matches

MATCHES is a London-based modern luxury shopping destination for the confident global fashion customer. MATCHES aims to be the most personal luxury shopping experience in the world – whether you join it online, in store, via its app or at its pioneering retail and broadcasting destination, 5 Carlos Place. Discover the MATCHES point of view with their edit of over 650+ established and innovative designers, from Gucci, Prada and Balenciaga to Saint Laurent, Halpern and Wales Bonner.

Source:matchesfashion.com

Gucci Prices: $90-$13,000

Coupon or Discount:

- FREE DELIVERY on all orders over $300 & FREE RETURNS.

Extrabux Cash Back: 1.5-2% Extrabux cash back

3. FARFETCH

FARFETCH exists for the love of fashion. FARFETCH is a British-Portuguese online luxury fashion retail platform that sells products from over 700 boutiques and brands from around the world. The company was founded in 2007 by the Portuguese entrepreneur José Neves with its headquarters in London. From the Gucci Ace sneakers to the Princetown loafers and iconic GG logo belts and bags, discover familiar Gucci signatures alongside new silhouettes at FARFETCH.

Source:farfetch.com

Gucci Prices: $90-$9800

Coupon or Discount:

-Get an extra 15% off for a limited time + Free shipping.

-10% off for essential workers.

Extrabux Cash Back: 4-5% cashback

4. Net-a-Porter

Since its launch in June 2000, NET‑A‑PORTER has delivered incredible fashion for incredible women. With more than 800 of the world's most coveted designer brands, including Gucci, Chloe, Balenciaga, Saint Laurent, Isabel Marant, Prada, and Stella McCartney, 200 specialist beauty brands, and new arrivals on site three times a week, NET‑A‑PORTER is the world's premier luxury fashion destination.

Source:net-a-porter.com

Gucci Prices: $195-$13,000

Coupon or Discount:

- Free standard delivery on all orders.

-10% off your 1st order, use code FIRST10. T&Cs apply

Extrabux Cash Back: 2.5-3% Extrabux cash back

5. What Goes Around Comes Around

What Goes Around Comes Around, also known as “WGACA”, is the premier purveyor of the finest luxury vintage accessories and apparel from around the world. For over 25 years, they've elevated traditional vintage shopping into a high-fashion experience with their unique vision and concept. WGACA's selection of top-tier pre-owned accessories and apparel from brands such as vintage Chanel, Hermès, Louis Vuitton, Gucci, Dior, Fendi, and Saint Laurent are housed with a coveted collection of vintage denim, rare rock tees, and other one-of-a-kind finds.

Source:whatgoesaroundnyc.com

Gucci Prices: $297- $4,950

Coupon or Discount:

-Sign up to get 10% off.

Extrabux Cash Back: 3-4% Extrabux cash back

6. Vestiaire Collective

Founded in Paris in 2009, Vestiaire Collective is a social commerce platform that enables people to buy and sell luxury, pre-owned fashion products. Join the global fashion activist community and discover thousands of carefully curated new bags, sneakers, shoes, watches, and more. Sustainable fashion shopping has never been easier.

They add over 3,000 pieces to their marketplace every week. From Prada to Gucci, Fendi to Burberry, Vestiaire Collective has an unrivaled selection of vintage and designer clothing for your sustainable fashion shopping.