Here at Scotch Street Vintage I try to have a variety of rings and a variety of price ranges but if someone has fallen in love with one of the more expensive pieces I also offer layaway. I really try to work with clients on a layaway program that works best for them. Sometimes a client just wants to split it up into 2 payments and sometimes they want something more structured like $50 every 2 weeks until it is paid off. I do not do a layaway fee or anything like that but I do charge a cancellation fee of $1/day for every day the item was off the market.
Here are a few examples of layaway set ups on a $1,030 ring ($1,000 ring 1= $30 shipping):
2 Payments of $515.00 - any time frame 4 Payments of $257.50 - monthly or bi-weekly 10 payments of $103.00 - monthly or bi-weekly
Another nice part of layaway is it reserves that ring of your dreams for you so you don't have to worry about it being sold to someone else. If you have questions about layaway or would like to see layaway options for a particular ring please contact me at firstname.lastname@example.org