Deposit Scheme... Should More Festivals Introduce This?

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Nik88's picture

Submitted by Nik88 on 2012, January 9 - 1:33pm

In the coming months, many of the festivals will be releasing their tickets for general sale. Many festivals now can cost in excess of £200 per ticket and it can be difficult for many people to pay that much money in one go, especially if they have other expenses to budget for too.

I think this deposit scheme is a good idea. Instead of paying for a ticket one go, it will allow people to put a down payment for a ticket and then in the following months pay the rest of it off. I guess there would be a time limit - tickets have to be paid for a month or two before the festival?

Does anyone else like the idea of this deposit scheme? Should other or all festivals take on this idea? Can anyone see any problems that could arise?

2012, January 13 - 5:35pm

Although the price of their own land should not be costing them any more!!

I think the deposit scheme is a great way to pay it off in installments. Is there a fine if you fail to make a payment? Just thinking if there are other ways that the festivals may try and make money off these kinds of schemes.

I imagine more and more festivals will be doing things like this now due to people not always having the cash upfront to be able to pay for the festival in one go.

Personally...I prefer to pay for things in one go. I would rather sacrifice something else and know that I had paid it all off. I hate knowing that I owe people money...can't do it to my landlord, the bank so doubt I would be able to do it for a festival! :)