Study Shows When Concert Tickets Are Cheapest to Buy

We've all been there. You have the Ticketmaster page pulled up, your card information is entered and you're ready to go... but then you get put into a queue. By the time you've "entered the room," all of the tickets are either gone or have somehow already been re-uploaded in the resale category for a ridiculous price that's way higher than what the face value is. So you check out StubHub and other resale sites and debate whether you should take the plunge on that overpriced ticket, or if you should wait it out.

Finance Buzz says to wait it out.

They gathered data from the resale market for the current top touring acts and uncovered what thousands of people paid for particular events. They analyzed over 22,000 ticket sales

The main findings imply that buying tickets from resale sites the day of the show is when they're the absolute cheapest — in fact, tickets were 33 percept cheaper on the day of the concert than on average, and 27 percent cheaper the day before the concert than on average.

Most music fans purchase tickets roughly three months before the event takes place, according to the report. Therefore, waiting until the event is just a day away or even that night would save them a decent amount of money, especially when you take the service fees and tax into account.

Photo: Getty Images North America


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