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 down payment question

P:  7/13/2009 3:02:33 PM  
Bjedifish
Bjedifish

Cut Rock
Total Posts: 311
Last Post: 11/18/2009
Member Since: 6/9/2009
 
So my mom was wondering what the "average" down payment for an all-inclusive wedding venue would be? I wasn't sure what to tell her. Does anyone know? This would actually be helpful information for when I am looking at a payment schedule. Thanks!!

 


Laura

*****ENGAGED 6/27/09!!!!!****
***Wedding Date 8/14/10***
"When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will come to you...
If your heart is in your dreams
No request is to extreme
When you wish upon a star
As dreamers do"
-When you wish upon a star(pinocchio)
Posted:  7/13/2009 3:02:33 PM

 There are 6 replies to this message.  There are 6 replies on this page.

P: 7/13/2009 3:04:29 PM
marlie
marlie

Cut Rock
Total Posts: 434
Last Post: 11/22/2009
Member Since: 6/30/2009
 
hey there...
i'm pretty sure my venue is doing a 4 payment plan. So the deposit was 25%. Obviously we won't know the final amount until the final headcount so the last payment will depend on that i suppose.

hope that helps!

Posted:  7/13/2009 3:04:29 PM
P: 7/13/2009 3:05:41 PM
Hudson_Hawk
Hudson_Hawk

Ideal Rock
Total Posts: 4,443
Last Post: 11/20/2009
Member Since: 11/2/2006
 
It depends on the venue. I would say some require between 10 and 50% down.


That's Mrs. Hudson_Hawk to you... Over and out.

Posted:  7/13/2009 3:05:41 PM
P: 7/13/2009 3:07:36 PM
MonkeyPants
MonkeyPants

Cut Rock
Total Posts: 359
Last Post: 11/20/2009
Member Since: 4/20/2009
 
Yup this varies a lot. One venue we were looking at asked for 25% of the estimated cost, other venues that are not all inclusive usually ask for 50%. Some ask for 100% if its only a couple thousand. If the venue rental is in the higher range, like $10k, they might just ask for 1/3.

I know...my post was of no help, but i tried?

*June 20th 2010* Woot!

Posted:  7/13/2009 3:07:36 PM
P: 7/13/2009 3:11:15 PM
Bjedifish
Bjedifish

Cut Rock
Total Posts: 311
Last Post: 11/18/2009
Member Since: 6/9/2009
 
Very helpful!! Thanks all!!


Laura

*****ENGAGED 6/27/09!!!!!****
***Wedding Date 8/14/10***
"When you wish upon a star
Makes no difference who you are
Anything your heart desires
Will come to you...
If your heart is in your dreams
No request is to extreme
When you wish upon a star
As dreamers do"
-When you wish upon a star(pinocchio)

Posted:  7/13/2009 3:11:15 PM
P: 7/13/2009 3:44:52 PM
meresal
meresal

Ideal Rock
Total Posts: 3,592
Last Post: 11/20/2009
Member Since: 11/13/2007
 
There was a $1000 downpayment due at booking. They held the date for us until someone else showed interest in that same date, and then we had 7 days to make a decision. On the 7th day we had to either give our deposit or give up the date.

Payment schedule:
-First half of estimated total quote (based on estimated amount of guests) is due at 6 month mark.
-The Tuesday before the wedding, we meet with venue, give actual amount of guests, and then whatever is left of second half and any adjustments for the "actual quote" is due at that time.

___________________________

I AM Mrs B... with Lil' B on the way!!!

Living life to the fullest...

Posted:  7/13/2009 3:44:52 PM
P: 7/13/2009 4:10:47 PM
princessplease
princessplease

Ideal Rock
Total Posts: 3,512
Last Post: 11/22/2009
Member Since: 2/20/2009
 
It definitely depends on the venue.

FI and I's venue only requires a $500 deposit, then 50% of the remaining balance 1 month before the wedding and the other 50% the week before the wedding.

Another venue we looked at had the same price per person as our venue, but wanted $2000 down. The places are about 5 miles away from each other.

______________________________
On July 31 I will say
those two little words that will take my breath away.
One little kiss will have fulfilled all my wishes
of going from Ms. G to his Mrs. V
♥ 251 days ♥

Posted:  7/13/2009 4:10:47 PM

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