About to pull the trigger but more questions

[cookiemonster]

Ok here are the questions

In terms of financing the purchase what are the alternatives that Disney offers? What are the rates? Is there a preferred rate?

Secondly if you purchase an add-on, say for example 50 points at a resort other than your home resort, can you make reservations at either place 11 months out? Or can you only have one "home sweet home?"

Any thing else that may not be freely offered by the guide that I should inquire about?

 

[maryisme]

I'm not sure if this is a preferred rate, but I got 10.95% with my closing papers. The rates I received when making my initial inquiry were higher.

You will have the 11 month window at your add-on resort also. You will be limited to the number of points you have available at your add-on for making ressies 11 months outs.Lets say you have 50 points at HH, you will only be able to use 50 points 11 months out when making your ressies.

Hope that helps.

 

[cookiemonster]

It does help. Thank you.

 

[wdwnut]

hi cookiemonster: when we did our initial purchase, disney had the best rate for financing. when we added 150 pts. this past fall before bwv sold out, our bank had a better rate. any other questions, just post.

 

[ripleysmom]

cookiemonster, the rate that mary told you about sounds like the 30 day special interest rate that they offer. If you have not already taken the tour you should be eligible.

If you have taken the tour, however, and did not purchase within the 30 day window the financing rates go up. No matter how long ago you took it. And from what I understand there are no exceptions.

Kimberly-Lucas and Ripley's Mom

 

[Dizzy4Dizney]

Hi,
When we purchases in Sept 99, we got a rate of 9.5%. When we bought 25 more points, we just paid it outright.

The nice thing about financing it was that we got to deduct from our taxes

DVC Member 1999
BWV 03-2001
BW 09-1999
ASR 02-1998