Although the average amount spent is over $5,000, most millennials spend an average of $3,000 for an engagement ring. … Instead, it’s best to look at personal factors, from your personal financial situation fiancé-to-be’s expectations and the style of engagement ring you think she will like most.
Consequently, what is the best month to buy an engagement ring?
September
- James Allen (our top pick)
- Clean Origin (best lab diamond engagement rings)
- Blue Nile (best engagement ring selection)
- Ritani (best designer settings)
- Whiteflash (best return policy)
- Leibish and Co (best fancy colored diamonds)
Moreover, where is the cheapest place to buy an engagement ring?
The best place to buy an engagement ring is through a reputable online vendor like Blue Nile, James Allen or Leibish & Co (for colored gemstones). With lower overhead costs and no need to store inventory, their prices are typically 30-40% less than what you can find in a jewelry store.
Is a $2000 dollar engagement ring cheap?
With a total budget of $2,000, you’ll be able to afford a good quality round diamond in the 0.65 to 0.75 carat range, provided you’re willing to opt for a solitaire setting. … If you opt for a non-round diamond, you can even buy this beautiful 0.75 carat, I color, VS2 princess cut diamond for $1,638.
How many carats is Meghan Markle’s ring?
6 carats
Should I show my girlfriend’s parents the engagement ring?
You can ask for her hand, yes, just to show your respect to your girlfriend’s family. Meeting with the parents is also a gesture that shows you value what they have to say and give importance on getting their blessing. … You definitely are not obligated to show the family the ring.
Why is Zales so cheap?
Most vendors that use the IGI to certify their diamonds often choose them because they are the cheapest in the industry. At the same time, the inflated grades allow for a bigger markup. Because of all these loopholes, Zales jewelry tends to be cheap.
How much should I spend on an engagement ring?
General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.
Which Diamond Cut is cheapest?
The cheapest diamond cuts that you can purchase are the Asscher diamond cut and the Emerald diamond cut. Asscher shapes and Emerald shapes are cheaper is because of two factors. When cutting the rough diamond, they lose more weight.
What’s better Zales or Kay Jewelers?
Zales versus Kay Jewelers
While they share similar policies here and there, Zales and Kay cater to distinct audiences. … However, Kay tends to have a wider selection of engagment rings and customization options, PLUS a better overall online purchasing experience.
Why is Blue Nile so cheap?
Blue Nile diamonds are so affordable is because they operate their business with lower margins. They don’t have brick and mortar stores. … This allows them to market their diamonds at a lower price point and in turn they sell more.
Can you negotiate at Tiffany’s?
Tiffany will not negotiate on price and they don’t offer one-year financing, although I think they offer some sort of shorter-term payment plan. When you buy Tiffany engagement rings, you pay a huge premium for the name. … They don’t–not for engagement rings, at least.
Is it worth buying a Tiffany engagement ring?
Are Tiffany diamonds worth it? Overall, they grade similarly to other labs, in terms of giving a Carat Weight, Color, Clarity and Cut. The most important, for Tiffany, is the Cut as they only sell diamonds with Excellent Cut Grades. This alone is part of the reason their diamonds are worth it.
How can I get a nice engagement ring for cheap?
For the brave, the absolute cheapest way to buy a diamond engagement ring is to buy a loose stone from a diamond wholesaler. To do this, you’ll have to live in or travel to a major city like New York and visit the diamond district in person.