We Bought the Season Tickets Without Going Into Debt

by Kevin on July 18, 2008

Tennessee Volunteers

Last Sunday I asked myself if Vols season tickets would put us into debt. A quick refresher: my wife wanted to surprise me by buying tickets and taking me to the Tennesse vs. Alabama football game in Knoxville on Octobre 25. She was unaware of how hard it is to get tickets to one big game (and how expensive), so she was forced to tell me in order to get my thoughts on how we could go. (By the way, my wife is awesome for doing her best trying to learn about college football. She’s awesome for other reasons, but that’s a big one.)

The idea of season tickets came up, the non-renewable kind. Renewable tickets have a higher required donation than non-renewable, so we went with the lower cost.

Here is the breakdown of the cost of tickets for us: $250 required donation + $655 for a two seat ticket package including shipping. Total cost $905.

How did we pay for them?

We put them on our American Express Blue Cash credit card. We’re going to pay it off at the end of the month.

But that’s the simple answer. The real question is, okay, what part of your budget is this money coming from? We hadn’t been saving up $905 for season tickets this year. So where does the cash come from?

We’ve got money saved up for a New York City trip next year. We took the money from there to pay for the tickets.

We’re Still Going to NYC

Don’t worry, we aren’t killing our chances of going to New York next summer. We intend to sell five or six of the seven games in the ticket set. We did some research leading up to purchasing the tickets on eBay and StubHub of what we thought we could sell the tickets for. If we sell the tickets for an average price of what we’ve seen, the Alabama tickets will practically be paid for by the proceeds.

The bottom line is the Alabama tickets were selling for $200-400 online for a pair of two. For $905 we get 2 tickets to 7 home games. If we can sell the others and end up going to the Alabama game for $30 per ticket (fair price), then we’ve saved ourselves some money.

Any remaining balance will come out of our individual spendable money from our budget.

We got great tickets, if you want to buy some let me know

We’re in Section N, Row 20, Seats 1 and 2. That’s in the south end zone on the lower level. Below is an image from Row N30. So we’re 10 rows ahead of where this image was taken.

Last, but not least…

GO VOLS!

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Carnival of Debt Reduction: The Secret to Life Edition (#149) » American Consumer News
July 21, 2008 at 8:29 am

{ 3 comments }

Ricky July 18, 2008 at 10:29 am

Well, I am definitely not a Vol’s fan, but that is an awesome surpirse! My brother buys season tickets to the Falcons every year and does exactly what you are doing. He always turns a decent profit because he gets better prices on better seats every year for being a returning season ticket holder. Good luck on selling them, I am sure you won’t have any problems.

Ashley @ Wide Open Wallet July 18, 2008 at 10:42 am

Hey congrats. Sounds like a decent plan, I hope it works out for you. 🙂

Livingalmostlarge July 18, 2008 at 2:25 pm

Tell us how it works out. I never want to pay the overpriced tickets on stubhub etc. I wonder what happens if they aren’t sold? When we go to a Red Sox game and we wait until the second inning the scalpers are suddenly ready to deal. Face value and less.

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