Any promotions for buying DVC now?

[chrisann]

I almost have dh thinking DVC wouldn't be so bad!! Are there any promotions they have right now. What will we need after the presentation?

 

[Technosavant]

We bought in this past weekend. For Animal Kingdom Villas (Kidani Village), the incentive was 160 developer points and a $1000 Disney gift card (could be used towards down payment) for the 160 point level. Buy more points, the incentives increase.

Nothing special is really needed for the closing- you need state issued ID and some way of making the down payment, be it credit card or check.

 

[jlewisinsyr]

Minimum down payment is 10%, which can include the point incentive discount (currently at $6.25 a point). So for 160 points you'd need to put down an additional $664 to meet the 10% requirement (160 X $104 = $16,640 X 10% = $1,664 -- 160 X $6.25 = $1,000 -- $1,664 - 1,000 = $664)

Financing is currently 10.75% for preferred automatic deduction (FICO about 740+) and 14.XX% for regular automatic deduction. Each rate is increased by 1% if you choose to pay via check monthly.

 

[jrbdad]

Where did you buy? I'm interested in adding on and I know you get a "gift card" for $8 per point and the developer points that match -- but did you get a $1,000 gift card on top of that? There was a promo this summer that offered additional gift cards, but it ended 9/20. I should have bought then. Oh well.

 

[jlewisinsyr]

Where did you buy? I'm interested in adding on and I know you get a "gift card" for $8 per point and the developer points that match -- but did you get a $1,000 gift card on top of that? There was a promo this summer that offered additional gift cards, but it ended 9/20. I should have bought then. Oh well.

Better double check that $8.00 a point, it is generally understood to have now decreased to $6.25 a point. There are some exceptions if you were in process, but otherwise, it's dropped.

 

[chrisann]

Thanks! Wish me luck!!

 

[jlewisinsyr]

Huh? Talked to my guide yesterday and it was $8.00/pt at AKV -- maybe its $6.25/pt at BLT?

Just FYI...
http://dvcnews.com/index.php?option=com_content&task=view&id=677&Itemid=1

As you already initiated contact with your guide, you might still get the $8.00, but I would definately verify and for how long.