Cheaper to buy watches in Europe or US?

bakeacookie

Member
Nov 2, 2008
24,994
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I'm eyeing a couple watches from Omega and Hermes. The VAT refund makes cheaper, plus the European prices are slightly cheaper overall.

But I'm concerned about duties coming back. Will the duty charges eliminate the savings from the VAT refund?

Does anyone have any experience buying watches in Europe then coming back home in the US? I've read a few posts where it's not like leather goods where the savings is worth it.
 

Christofle

O.G.
Apr 21, 2011
6,701
19,463
I'm eyeing a couple watches from Omega and Hermes. The VAT refund makes cheaper, plus the European prices are slightly cheaper overall.

But I'm concerned about duties coming back. Will the duty charges eliminate the savings from the VAT refund?

Does anyone have any experience buying watches in Europe then coming back home in the US? I've read a few posts where it's not like leather goods where the savings is worth it.

As of right now, you might actually save a significant amount of money purchasing from Canada due to the devalued dollar, since many watch retailers haven't adjusted their prices yet. I'd check to confirm.
 

Christofle

O.G.
Apr 21, 2011
6,701
19,463
Even with shipping and taxes? I'll have to check that out!

Well a lot of watches are still priced dollar for dollar so just on exchange rate you can potentially save 30% so if you plan on purchasing a pricy watch, shipping becomes negligible. The only thing to consider is that you will lose the discount for paying cash since you would probably be paying via credit card. I don't think import taxes are anywhere near 30%.
 

LVoeletters

only the best
O.G.
Aug 13, 2011
6,331
191
Well a lot of watches are still priced dollar for dollar so just on exchange rate you can potentially save 30% so if you plan on purchasing a pricy watch, shipping becomes negligible. The only thing to consider is that you will lose the discount for paying cash since you would probably be paying via credit card. I don't think import taxes are anywhere near 30%.


PBI: What type of watches may I ask? Like the typical Rolex/Cartier etc. ?
 
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