Louis Vuitton Price Increases 2019–2025
Louis Vuitton has increased prices consistently since 2019, accelerating through 2021–2022 alongside Chanel and Hermès. The Neverfull MM is up 53% in six years. Unlike Chanel, LV increases have been more gradual (averaging ~8% per year vs Chanel's 12%+). This matters for pre-owned buyers: LV pre-owned prices still provide meaningful savings vs retail.
| Year | Neverfull MM | Speedy 30 | Alma BB |
|---|---|---|---|
| 2019 | $1,500 | $970 | $1,250 |
| 2020 | $1,560 | $1,000 | $1,290 |
| 2021 | $1,650 | $1,060 | $1,360 |
| 2022 | $1,820 | $1,160 | $1,490 |
| 2023 | $1,980 | $1,250 | $1,620 |
| 2024 | $2,130 | $1,350 | $1,760 |
| 2025 ★ | $2,290 | $1,470 | $1,900 |
The math: Neverfull MM over 6 years
2019: $1,500 → 2025: $2,290 = +53% total (+7.5% average per year). Pre-owned Neverfull in excellent condition: $1,100–$1,600 — still 30–50% below current retail. Good pre-owned bags in the LV monogram line retain this spread as retail prices keep rising.
Best time to buy pre-owned LV
After a price increase (Jan/Feb and July/Aug are typical LV increase windows). Pre-owned sellers take time to reprice — the spread between retail and pre-owned temporarily widens.
LV vs Chanel pre-owned math
LV pre-owned provides greater savings vs retail (30–50% below) than Chanel (20–35% below). This is because LV produces more volume. If pure price efficiency matters most, LV pre-owned wins over Chanel pre-owned.