Adding-on and financing

phorsenuf

Not so New Rule author
Joined
Feb 21, 2003
Messages
19,619
When you do an add-on is the financing the same as the initial purchase? Do you still have to put money down and can you have different terms?

Thanks!
 
We did an add-on in August and still had to put the 10% down. The terms are the same as well, AFAIK.
 
phorsenuf said:
When you do an add-on is the financing the same as the initial purchase? Do you still have to put money down and can you have different terms?

It depends. You can do the add on financing at whatever they are offering at the moment but at what you had originally isn't guaranteed. For example we did an add-on a couple of years ago. It was for one year with 50% down and 0% interest.

You might find that the interest rates are a little higher or lower than when you first pruchased. And your interest rate will depend on the length of time you finance for.

HBC
 
Depending on how many points you get with the add-on, you could get a disney visa with 6 months 0%. Or you could use that for the downpayment.

You do have to buy at least 50 points to use DVC financing, but I believe everything else is the same. 10% down etc...
 

vascubaguy said:
Depending on how many points you get with the add-on, you could get a disney visa with 6 months 0%. Or you could use that for the downpayment.

The Disney Visa offer is only valid on SSR.
 



















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