What is Magical Beginnings?

Discussion in 'Purchasing DVC' started by travelbug, Mar 5, 2001.

  1. travelbug

    travelbug DIS Veteran

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    Please excuse my ignorance, but I am a brand new DVC owner. First DVC trip coming up in April. I'm already planning to buy add-on points. I know that the minimum is 25 if paying cash, or 50 if financing. But I read one post that referred to "100 if using Magical Beginnings." Could someone please clue me in on that?

    This discussion board is terrific. I just discovered it a few days ago, and I've learned so much from the rest of you!! It has made me more excited than ever about being a DVC owner!!!N
     
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  3. BobBrazeal

    BobBrazeal <font color=green>The <b>best</b> castle is at the

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    MB is a deal where you can sell back to Disney up to 1/2 of the first years points that you get when you join. They buy them at $10 per point and the idea is to make it easier to get in by using that toward your down payment.
     
  4. wdwnut

    wdwnut DIS Veteran

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    hi: just a quick note- magical beginnings is only available if you purchase from disney directly; this is not available on any resales.
     
  5. BobH

    BobH DIS Veteran

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    I was told there was a limit by my guide You could sell back 1/2 your points up to a maximum of $2000 at $10 a point. I did it over the phone in Oct of 2000. I was also told there was a better sellback program onsite, but I am not sure about details. Good Luck!
     
  6. BobBrazeal

    BobBrazeal <font color=green>The <b>best</b> castle is at the

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    Yep, I remember the $2000 limit too. I was just there in Jan/Feb 2001 and took the DVC tour at BWV. The program that they described there was the same. I'm not sure about a better program on-site. I have heard that there is a more liberal program at VB.
     
  7. WebmasterDoc

    WebmasterDoc Administrator Administrator

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    For VB, MB offers $13 per point for all points of the first year. The maximum credit is still $2000.

    Doc
    doc@wdwinfo.com
     
  8. mdmbdumont

    mdmbdumont Earning My Ears

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    Mar 6, 2001
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    What is the typical downpayment? A fixed dollar amount or a percentage of the purchase price? Is it possible to use the magical beginnings to cover the entire downpayment?

    I too agree, compared to the boards I have found on AOL; This board is much more active and just as informative.

    Michael
     

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