Hi there, SmartFans, w’ere sorry to make this brief but we’re going to just provide the facts around Lollapalooza ticket prices and when we think you should buy your tickets to the 2018 music festival. Take a look at the infograph below that includes sales data including dates and sale prices for GA passes over the last three years, including early results for the upcoming 2018 festival.
Based on the last two years, you’d think that waiting would be your best move, with prices steadily declining until the week or so leading up to the show, where they saw the largest dip. You may notice that sale prices in 2016 were higher than last year, which we can only chalk up to the fact that the headliners and overall lineup was stronger and therefore in more demand. The Red Hot Chili Peppers, Radiohead, J Cole (at the height of his popularity), and LCD Soundsystem were the four headliners, so it needs no further explanation why fans were dying to get out to Lolla that year to catch these acts in person and pay a premium to do so.
When trying to decide whether Lollapalooza tickets for 2018 will go up or down in price (based on the graph, they’ve fluctuated quite a bit thus far), we think this will be driven by single day ticket prices. We say this because many people will not go for all four days, so there will be a checks and balances on prices of the 4 day passes and the single passes. If all single day passes (which have a face value of $120) continue to resell in the $170 range, then we think it’s reasonable that the 4 day pass will continue to sell above $400. Alternatively, if prices drop enough, fans may choose to just go to one to three days and pass on the four day pass.
Often for Lollapalooza, one day is much more in demand than other days, these type of factors will play into how prices fluctuate from now until the start of the festival. This year that day is Friday, with the funky pop megastar Bruno Mars headlining.
So When Do I Buy?
If you’re interested in the 4 day Lollapalooza pass, we believe current prices of $385 (minus $10 for new customers) is a reasonable price. Furthermore, we really don’t expect prices to drop below $350 even if you wait till the last minute. The lowest prices ever got last year was $298, which probably impacted last-minute sales due to a bad weather forecast. There was rainy weather on Thursday (the first day of the festival) throughout the day which got bad enough to force the festival runners to end the night early for fans. We only had a handful of sales below $400 in 2016, where weather didn’t really impact prices or people’s decisions to order tickets at the last minute in a stronger market.
Buy your 4-day passes or single day passes to Lollapalooza here on TickPick and pay no service fees!
|Aug 2TBD||Lollapalooza: The Weeknd, Bruno Mars, Jack White & Arctic Monkeys – 4 Day Passhttp://tickpick.com/buy-lollapaloozathe-weeknd-bruno-mars-jack-white-arctic-monkeys–4-day-pass-tickets-hutchinson-field-grant-park-8-2-18-TBD/3214616/Hutchinson Field Grant Park – Chicago, IL||From $439|
|Aug 211:00 AM||Lollapalooza – Thursdayhttp://tickpick.com/buy-lollapalooza–thursday-tickets-hutchinson-field-grant-park-8-2-18-11am/3366222/Hutchinson Field Grant Park – Chicago, IL||From $160|
|Aug 311:00 AM||Lollapalooza – Friday Passhttp://tickpick.com/buy-lollapalooza–friday-pass-tickets-hutchinson-field-grant-park-8-3-18-11am/3409062/Hutchinson Field Grant Park – Chicago, IL||From $183|
|Aug 411:00 AM||Lollapalooza – Saturday Passhttp://tickpick.com/buy-lollapalooza–saturday-pass-tickets-hutchinson-field-grant-park-8-4-18-11am/3409063/Hutchinson Field Grant Park – Chicago, IL||From $188|
|Aug 511:00 AM||Lollapalooza – Sunday Passhttp://tickpick.com/buy-lollapalooza–sunday-pass-tickets-hutchinson-field-grant-park-8-5-18-11am/3409064/Hutchinson Field Grant Park – Chicago, IL||From $148|
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