Disney Information Station Logo

Go Back   The DIS Discussion Forums - DISboards.com > Global Neighbours > UK DVC Discussion
Find Hotel Specials & DIScounts
 
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 10-14-2010, 03:49 PM   #1
diddldonna
DIS Veteran
 
diddldonna's Avatar
 
Join Date: Mar 2004
Location: norfolk, uk
Posts: 1,475

Pricing of DVC

Okay i have the DVD and been researching but really still confussed about the price. Would anyone mind sharing how much they pay so i can get an idea. Also how do you normally pay from the uk, can you pay bit by bit or is it a lump sum, any help would be great.
__________________
Planned vacation: WL Oct 2015

Past WDW Vacations: 2013 OKW, 2010 OKW, 2007 ASM, 2005 ASM, 2004 off site.
diddldonna is offline   Reply With Quote
Old 10-15-2010, 06:09 AM   #2
wilma-bride
Would love a diet on Cadbury Flakes
Admits she's strange when it comes to eggs
 
wilma-bride's Avatar
 
Join Date: Jul 2005
Location: Wiltshire, UK
Posts: 20,835
DISboards Moderator

OK, I'm doing this all from memory so some of it may be a bit 'iffy'. We bought into DVC back in 2007 using UK financing (can't remember the name of the company they use but I'm sure someone else will know). We bought 200 points at around $115 per point but at the time they were offering a discount per point, which we used to offset the payment (so basically that covered our deposit). We financed the remaining amount (around $21000) and were paying approximately £110 per month. We paid it off in full back in October 2008, which is why I'm a little sketchy on the details.

There are a couple of points I do remember though:

DVC US financing do not run a credit check, however the UK financing does.

You can use any discount offered as a down payment/deposit however DVC financing, I believe, requires a greater deposit than UK financing.

For some reason, we thought our payments would be a fixed monthly amount but the amount we paid per month went up at least once in the short time before we settled the account (due to change in interest rates perhaps)

If you have any further questions, please ask and I'm sure people will do their best to answer. I am at work right now so don't have exact figures here but would be happy to share them via PM if you are interested.
wilma-bride is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 10-15-2010, 11:55 AM   #3
Elise79
Moderator
 
Elise79's Avatar
 
Join Date: Aug 2006
Location: East Anglia, UK
Posts: 5,382
DISboards Moderator

Unfortunatley DVC have ended their relationship with the UK financier.

If you want to buy on finance now it will be all in $ and you have to sign while you are over there.

We paid $106 a point for our recent add on. We pay on a fee free credit card (post office card) as we arranged our own financing here.

We opened an account at the SunTrust account opposite DTD and use that to pay our dues monthly.

If you have any specific questions please ask.
__________________

July 2014 - OKWApr 2014 OKW & NYC Dec 2013 - BLT July 2013 - OKW April 2013/Dec 2012 - BLT June 2012 - BLT & OKW Feb 2012 - OKW Sept 2011 - BWV & BLT May 2011 - BCV & BLT Nov 2010 - BLT & CR Tower Club May 2010 - BLT Sept 2009/March 2009/April 2008/Sept 2007/Sept 2006 - CSR Feb 2008 - DLRP Newport Bay (First DLRP Trip) April 1999 - WDW Offsite in Villa June 1998 - WDW Offsite July 1989 - WDW Offsite
Elise79 is offline   Reply With Quote
Old 10-18-2010, 08:59 AM   #4
skelfbsfb
DIS Veteran
 
skelfbsfb's Avatar
 
Join Date: Oct 2007
Location: Scotland
Posts: 1,427

When we bought both of our contracts we took out a personal loan as this worked out a lot cheaper than taking Disneys finance. The finance company which disney offered was Lombard, dont know if they still use them. If you have the money I would go down the resale route as you will get more value for your money. Going down resale means you will have to pay all when the contractsare signed and approved after Disneys ROFR. Remember to factor in annual dues which you will be billed in January.
__________________
DVC Member 2007 OKW
DVC Member 2010 BWV

2003:Quality Inn Plaza 2004:Howard Johnston 2005:Sheraton 2006:Port Orleans Riverside 2007:Animal Kingdom Lodge 2008:BWV & OKW 2009:BWV & Vero Beach, RPH 2010:VILLA & HRH & BWV 2011:BWV & Vero Beach & HRH 2012:Vero Beach & OKW & BWV & HRH 2013:OKW & HRH & BWV 2014:OKW & BWV Mortgage free 2015:
skelfbsfb is offline   Reply With Quote
Old 10-18-2010, 01:12 PM   #5
princess jackson
DIS Veteran
 
princess jackson's Avatar
 
Join Date: Feb 2005
Location: Blaydon, UK
Posts: 2,495

Hi, we purchased in uk, we got a loan to buy out right.
We just transferred the money to Disney by bacs.
princess jackson is offline   Reply With Quote
Old 10-19-2010, 07:33 AM   #6
ohana7
Mouseketeer
 
Join Date: Apr 2008
Location: Wales U.K.
Posts: 123

We bought in 2007 when the dollar/pound was 1.91 we paid 97 per point for Saratoga and 101 for wilderness lodge. we took the DVC finance whilst there for easy of transaction then upon return to the UK we repaid the loan as we had the loan for less that 14 days there was no repayment fees. A bit long winded but it was easy at the time. If you are buying from the UK than you can transfer the cash your bank will sort that out for you, although they may be wary to lend if you mention timshare. we have also paid for add ons using a credit card. This was done over the phone with our guide and the points were available to use within minutes of talking to him. Hope this helps
ohana7 is offline   Reply With Quote
Old 11-18-2010, 02:37 PM   #7
dadolan
Mouseketeer
 
Join Date: Nov 2007
Location: UK
Posts: 86

We used a UK based loan and bought our points via a reseller saving over $20 per point which for 300 points was an awful lot of money!!!
dadolan is offline   Reply With Quote
Old 11-23-2010, 08:17 AM   #8
Brandis
DIS Veteran
 
Join Date: Jan 2007
Location: Zurich, Switzerland
Posts: 1,417

I bought direct with Disney and their financing, as soon as I got home, I took a loan with my bank and immedeatly repaid Disney high % loan.

As for the annual dues, I opened a free checking account with Suntrust Bank at Downtown Disney, that way, you can get monthly direct debiting from Disney. Otherwise, you would have to pay the full amount before Feb 15 by credit card.
Brandis is offline   Reply With Quote
Old 01-20-2011, 03:16 AM   #9
dazza5931
Mouseketeer
 
Join Date: Jul 2009
Location: grays essex uk
Posts: 81

dvc

we joined in september 2010 160 points with ssr at $95 a point 10% deposit rest on finance it was really easy until i got home and my rep phoned and said they had lost all our paper work and we had to sign everything again and get morgage notarised by a specialist in uk took an extra month to sort out but its all done now
dazza5931 is offline   Reply With Quote
Old 01-20-2011, 01:51 PM   #10
penlanspice
Addicted 2 disney
 
penlanspice's Avatar
 
Join Date: Mar 2002
Location: swansea, uk
Posts: 1,818

Our initial purchase about 6 years ago we had a loan from the UK and send the money via a transfer to disney, last June we added on at BLT and have taken financing with disney as the interest wasn't to bad compared to loans here, we pay our loan monthly via our fairfx card and they take the money from the card like a direct debit every month. If the dollar improves we will try and either pay it off or a a uk loan for the balance.
__________________


Our Dream Disney Wedding - September 19th 2006
WP-WH Room-Living seas - UK Lower
penlanspice is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

facebooktwitterpinterestgoogle plusyoutubeDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 01:10 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.