Most Coachella Attendees Buy Tickets with Buy Now, Pay Later
Share this @internewscast.com

Coachella, the music festival that occurred across two weekends this month, drew crowds of 125,000-plus attendees each day.

A report published by Billboard last week shows that most of the crowd, about 60%, used Coachella’s payment plan system to pay for their $600-and-up tickets. The plan allows attendees access to Coachella with an upfront cost of as little as $49.99.

Tickets started at $649 for the first weekend of Coachella from April 10 through 12 and $600 for the second weekend from April 17 through 19. People reported that tickets used to cost $429 per weekend in 2020. When Coachella started in 1999, tickets were $50.

The festival first began offering the buy-now-pay-later option in 2009, and at the time, only 18% of attendees tapped into it, per People.

Coachella music festival 2025. Credit: Getty Images

Coachella partnered with ticketing company AXS to offer the buy now, pay later payment plan, which enables the festival goer to pay off their ticket over three months. Coachella does not charge interest for the ticket purchase, but does require that those who opt for the payment plan pay a $41 fee for using the service, which amounts to about 8% of the ticket price. The average credit card interest rate, in comparison, is about 20%.

Most fans bought tickets to Coachella after the festival announced its musician lineup in November, revealing that Lady Gaga, Travis Scott, Green Day, Post Malone, and Benson Boone were headliners. Anyone who bought tickets before Jan. 25 and opted for the payment plan had the price of their ticket divided into three equal payments, with the final payment deducted from the attendee’s account in March, per Billboard.

If payments were more than 10 days late, the order was automatically cancelled and the fan given a credit for future festivals. The credit expires one year after being issued.

Coachella makes more than $115 million in ticket sales on average per year. Artists who perform at the festival can earn up to $5 million per weekend.

Share this @internewscast.com
You May Also Like

Coco Gauff Undergoes Significant Coaching Shift Before U.S. Open

Queens, N.Y.: Coco Gauff holding her trophy after defeating Aryna Sabalenka to…

Nevada Implements AI Ban in Mental Health, but Potential Loopholes Could Persist

AI makers and everyday therapists need to know about the new law…

Permanent Email Hosting: A Smart Business Investment

Disclosure: Our goal is to feature products and services that we think…

HAMISH MCRAE: Here’s Why It Might Be Time to Consider Selling Your Stocks

It’s a tricky time for investors. Quite aside from all the geopolitical…

“The Pitt Dominates with Four Wins; Kathy Bates Receives Career Achievement Award”

Shawn Hatosy, Katherine LaNasa, Amanda Marsalis, Noah Wyle attend “The Pitt” Press…

How I Profited £21,000 by Investing in the Tariff Market Dip

In the depths of the Covid pandemic, many a stuck-at-home investor dipped…

Fed Up with Wasting Cash on Conferences? Try This 5-Step Plan for Genuine Returns

Opinions expressed by Entrepreneur contributors are their own. Let’s cut to the…

Building a Resilient Business: Thriving Amid Constant Disruption and How You Can Achieve It

Opinions expressed by Entrepreneur contributors are their own. Over the past decade…

OpenAI Researcher Advocates for Continued Student Programming Education

An OpenAI staff member is clearing up the “misinformation” online and telling…

RACHEL RICKARD STRAUS: The Cost of Fearful Leadership at No 11

What can throw tantrums and fling its toys out of the pram when…