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Old 06-16-2013, 02:51 PM   #76
DVC Mike


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We added on another 25 points at VGF today, for a total of 205 there.
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Old 06-16-2013, 02:53 PM   #77
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Originally Posted by DVC Mike View Post
We added on another 25 points at VGF today, for a total of 205 there.
Wow, and to think you had to be "talked into" VGF.

Congrats on the add-on! I'm envious.
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Old 06-16-2013, 03:17 PM   #78
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Originally Posted by DVC Mike View Post
We added on another 25 points at VGF today, for a total of 205 there.
You go, DVC Mike! Remember, you still have a couple more days before the price jumps to $150.
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Old 06-16-2013, 03:48 PM   #79
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Originally Posted by stefanospops View Post
Originally Posted by vikkii19 View Post
Same thing for us in Canada, but since I had flight credits, we've decided to head down for a 3 night non-park trip just to add on VGF. Now if only my guide could return my call so I can make sure he will be there when we are.

We just bought 160 points today. We can buy direct over the phone in Ontario unlike some unlucky Canadians (or lucky if you suffer from addonitis) who can't buy from their province. Member services was down but we are hoping to book for 4 days there on opening weekend since we already had a Disney Cruise booked that comes back on October 25!
I thought about adding more points as Canadian too. However, I also found out that Canadians will have to pay an extra 10% withholding taxes at the time of selling, in addition to 10-15% of commission. So the points need to appreciate by at least 25% in value before it's making sense. This tax is not applicable to American owners.
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Old 06-16-2013, 05:38 PM   #80
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I thought about adding more points as Canadian too. However, I also found out that Canadians will have to pay an extra 10% withholding taxes at the time of selling, in addition to 10-15% of commission. So the points need to appreciate by at least 25% in value before it's making sense. This tax is not applicable to American owners.
If selling DVC is no different than selling a condo, you will get the 10% back.
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Old 06-16-2013, 05:43 PM   #81
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Originally Posted by MoreTravels View Post
I thought about adding more points as Canadian too. However, I also found out that Canadians will have to pay an extra 10% withholding taxes at the time of selling, in addition to 10-15% of commission. So the points need to appreciate by at least 25% in value before it's making sense. This tax is not applicable to American owners.
Plug those numbers into owning a DVC interest and compare the cost of staying at a deluxe resort and see if DVC is still worth it.

Bill
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Old 06-16-2013, 07:44 PM   #82
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Originally Posted by MoreTravels

I thought about adding more points as Canadian too. However, I also found out that Canadians will have to pay an extra 10% withholding taxes at the time of selling, in addition to 10-15% of commission. So the points need to appreciate by at least 25% in value before it's making sense. This tax is not applicable to American owners.
Where are you seeing a 15% commission? 10% is standard.
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Old 06-17-2013, 01:27 PM   #83
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So you're saying you're not paying closing costs on your two contracts?
Agreed. Each contract SHOULD have a separate closing cost....
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Old 06-17-2013, 03:37 PM   #84
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Question for those of you who have toured the models and/or have purchased at GFV...... what is the minium amount of points a member can purchase??

Thanks...
25 I think is the minimum add on. 50 is the minimum financing.
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Old 06-19-2013, 10:01 AM   #85
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Just bought 61 points yesterday before the price increase!
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