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Maybe it's my small town, but the average engagement ring sale here is 1500-2500. We do get those big spenders, but its very rare. I don't think 1500 for a diamond ring is that horrible. The 3 month salary thing, nobody does that lol Most couples know what they can and cannot afford, and know they can always trade in and upgrade later on if they want. What someone wants to spend is nobody's business. I think it's dumb to buy a brand spanking new vehicle, but people do it. It's their finances, not mine. I've had couples ask for $300 rings (which we just sell them a fashion ring) to $10k rings. Different strokes for different folks. Many people are very sentimental with their jewelry as it's something they someday hope to pass down to their kids, grandkids, etc. A lady comes in twice a year to buy Levian, so she'll have a piece to leave each of her granddaughters when she passes. And like I said, the big spenders usually pay cash or check. These people are not hurting for money or starting out life in debt. You can't take it with you is what they tell us.
Location: Huntersville/Charlotte, NC and Washington, DC
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Quote:
Originally Posted by crd08
Maybe it's my small town, but the average engagement ring sale here is 1500-2500. We do get those big spenders, but its very rare. I don't think 1500 for a diamond ring is that horrible. The 3 month salary thing, nobody does that lol Most couples know what they can and cannot afford, and know they can always trade in and upgrade later on if they want. What someone wants to spend is nobody's business. I think it's dumb to buy a brand spanking new vehicle, but people do it. It's their finances, not mine. I've had couples ask for $300 rings (which we just sell them a fashion ring) to $10k rings. Different strokes for different folks. Many people are very sentimental with their jewelry as it's something they someday hope to pass down to their kids, grandkids, etc. A lady comes in twice a year to buy Levian, so she'll have a piece to leave each of her granddaughters when she passes. And like I said, the big spenders usually pay cash or check. These people are not hurting for money or starting out life in debt. You can't take it with you is what they tell us.
In honesty, I don't think $2k is an outrageous amount for a diamond ring if you are making a pretty middle class salary. But anything over $4-5k is just foolish IMO.
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