Buying at BCV - what's magical beginnings?

[Cinderellafifi]

HI! We just started the process of buying 350 points at BCV. Now I am reading here about Magical Beginnings having a discounted price. Can anyone explain to me what that is? Do you have to ask for it to get the discount?

Thanks in advance!

 

[lenshanem]

It is selling back your first year's points to Disney, for $10 a point. You can apply this to your down payment. It makes the price per point $74 instead of $84. This is what is available at BCV right now. After you close you could still borrow some points from the following year.

 

[Happy Birthday Cat]

Magical Beginnings allows you to sell back your points for the first year that you own them to Disney for $10.00 each. This money is used toward your down payment. I know that the minimum for using MB is 100 points but I'm not sure if there is a maximum.

The good part is that you can always borrow next year's points so if you want to go within this use year you still can.

HBC

 

[erikthewise]

Or you CAN keep your first year's points if you prefer! If you intend to use them, that's a perfectly sensible thing to do. After all, those points have a market value of about $10/point. One can very reasonably take the point of view that they are just as valuable if put to use as if sold back. It's just a matter of whether you need the cash or the points during the first year.

 

[Cinderellafifi]

THANK YOU, THANK YOU, THANK YOU! I appreciate the quick responses!