AP Flex Pay questions

[DCTooTall]

I'm looking to probably buy my Non-Resident Premium pass in the next couple days for my trip in March. Looking at the 2 options (pay up front vs Flex Pay) I'm leaning towards the Flex Pay option, but have a couple questions I was hoping someone here might be able to answer for me.

1. I Understand the Flex-Pay will auto-renew unless I cancel it before the renewal....and the auto-renew doesn't factor a renewal discount. Sooo... Since I'm still approx 5months from my trip, and therefore first use, Would I be able to cancel the Flex Payments so it doesn't autorenew, and then renew it while down there in November at the renewal discount, or would I have to renew at the 12month from initial purchase date?

2. (Just Confirming) Flex pay AP doesn't activate until my first use, so even if I start the purchase (and payments) this weekend, my expire date would be from my first use in March. correct?

3. The website mentioned that the Flex Payment plan is at 0% interest after tax, but it's kind of hard to calculate total purchase price from the website. Is it ultimately the same total cost to purchase the pass via the payment plan vs. a full initial purchase price?


Anything else I should be aware of? I'm staying offsite and planning 2 (at least) 2-day trips in 2011, so between ticket costs and parking I figured I came out ahead on the AP vs. individual tickets on the 2 trips.... and factoring in discounts, the valet perk, citywalk, after 4 FOTL, etc, the premium would be worth the extra over the Preferred, but those of you with more experience, is there anything I'm missing or should be aware of before making the purchase?

 

[Dax]

I use Flex Pay for our passes. I have for years actually. When the program was first introduced, we signed on, paid the first installment, and that was our expiration date. I am not aware of any other way to do it...

It will auto renew at the rate you were paying, but it is a month to month system. If you do not pay a month, then it cancels, and you need to re-sign back up, at the current price. At one point we were paying $15 per ticket per month, when the new purchase price was $17 a month. Now we are paying $19 a month since we had to let it laspe.

 

[damo]

You are correct that you need to cancel the flex pay and pay a lump sum for your second year in order to get the reduced rate renewal of $149.

 

[DCTooTall]

Oh... so if I do the flex-pay, my pass would have an anniversary expiration date of the flex pay purchase date....... vs buying it lump sum which would expire on the anniversary of my first use (activation).

Is that right?

 

[damo]

Oh... so if I do the flex-pay, my pass would have an anniversary expiration date of the flex pay purchase date....... vs buying it lump sum which would expire on the anniversary of my first use (activation).

Is that right?

The pass is activated first use no matter what method you use for payment. You need to inform Universal 30 days in advance of your 1 year anniversary of flex payments if you are going to stop flex payments.

You really don't need to enter into a flex pay contract until you are ready to use the pass. Not sure if you can lock into a price by signing up early though.

 

[DCTooTall]

The pass is activated first use no matter what method you use for payment. You need to inform Universal 30 days in advance of your 1 year anniversary of flex payments if you are going to stop flex payments.

You really don't need to enter into a flex pay contract until you are ready to use the pass. Not sure if you can lock into a price by signing up early though.

Cool.... thanks.

It's more a case of getting the pass while I have the $$ so I have it out of the way and it's one less thing to worry about.