Post # 1
I live in a major metropolitan area and the venue we’ve had our hearts set on have a non-refundable deposit that’s roughly the cost of a luxury sedan. For only 55 guests our deposit is about 50% cost of catering (roughly $30,000!!), plus site fee of $11,000, and an ADDITIONAL security deposit of another $3,000. Has anyone ever had a similar situation? I understand they have a sought-after venue, but really? For 55 people it’s going to put us out about $30,000 UPFRONT? Sadly, even if we had our wedding at a hotel it’s about the same total cost – just that the deposit isn’t so wicked high. (cries a little)
Post # 3
what about like at a park? A community center? VFW? I know these places aren’t as great as the upscale place, but you’ll save like 15 grand and you can spend more to decorate, bring your own favorite food in, and serve your own beer. Think outside the box, I guess.
Post # 4
Ah, thanks for the suggestion! Unfortunately we’re getting married in the winter and the outdoors thing is a no-go! I’m not looking for suggestions on alternate venues because I don’t mind the overall cost (it’s pretty much like that at all the venues we’ve viewed – upscale or not), but I just wanted to know if anyone else had such high deposits. Was anyone able to negotiate a lower deposit or a payment plan?
Post # 5
I had to pay 50% of our total venue costs plus the bar minimum when I booked the venue. I think 50% is pretty standard… it just seems like a lot of money to you because your budget is pretty high.
Post # 6
My jaw dropped. I cannot imagine spending that much money for anything!
Post # 7
Wow.. I mean I knew mine was really cheap ($100.. no I didn’t forget a zero) 50% is a LOT.
Be sure about the place before putting that deposit down!!
Post # 8
@KristenGotMarried: You were charged 50%, really? Did you also have to pay the site fee in full at the time of reservation? Was this for a hotel? The hotels I viewed required a small percentage of the overall cost, not 50%, and I don’t think they required the full site fee upfront.
Also, I noticed some of you are getting married this Saturday! (or at least have it listed as your wedding date) EARLY CONGRATS!!!!
Post # 9
My venue needed 50% of our guaranteed minumum headcount. We don’t have a site fee though.
Post # 10
The venue we first had our heart set on was $2500 four 4 hours, with an additional $500 an hour. We would have needed at least 6 hours, so it would have been $3500 – not bad. But then they told us that in addition to a $1000 holding deposit, they would need a $3500 security deposit to be paid two weeks before the wedding! All that money upfront for a venue that did not even include tables and chairs was just absurd, so we looked elsewhere. If I were in your shoes, I’d prob do so as well. Good luck!
Post # 11
Our venue is a total of 7500 with 3500 down. We were able to talk ourselves out of the security deposit since we could pay upfront at the signing of our contract. Our catering deposit (separate) is 30% of the total (near 12,000 estimated) bill, so another 3800. So, all in all, we have paid about $7,300 upfront. I thought that this was pricey… yours is insane!
Post # 12
I had to pay 30% up front, and the rest due 2 weeks before the wedding.
Post # 13
The last event I helped host (a charity dinner, but at a facility focused on weddings) only has a $300 deposit upfront. Starting about a month out, more money comes due. I wouldn’t be shocked if their wedding requirements were higher, but probably not substantially. Most of their wedding packages are $90-$130/pp, so it’s not like we’re talking a super casual community center.
Post # 14
@airmail: that’s a huge amount to spend on a small wedding of 55. personally, i would be looking around for some other creative, less expensive venues.
i did notice quite the range in venue fees and deposits when we were looking. we had a small wedding too and i couldn’t even fathom paying a huge amount for the venue rental unless there was a lot included; staffing, bartender, tables, chairs, linens, etc.
Post # 15
@airmail: how is your wedding so expensive for only 55 people?!!? my god!
Post # 16
@Dell79: Gold encrusted filet mignon? Hahaha! I hope so!