Direct DVC Purchase Question

[AdventureIsOutThere82]

Hi all! My husband and I are prepping to do a direct DVC purchase through Disney. Don't worry--we've done a lot of research over the last year. We are planning to buy the minimum 100 points and then later on add extra points through resale.

We tried calling DVC this week but their phone lines are still down. Can anyone explain to me (or direct me to an appropriate thread) what options Disney offers in terms of payment for DVC? We are especially wondering if Disney offers plans where you can make 3 or 4 separate lump sum payments vs. the entire payment all at once.

Thanks in advance for the help. We are so thankful for this community that we can go to when we have Disney Qs!

 

[Bayoumomof3]

Hi! You have 30 days to pay in full. If you want to pay over several months, best bet is to get a private loan, pay Disney and then repay your private loan as you want. Interest rates are very high if you go through Disney even with excellent credit. Closing costs will be lower as well. Good luck!

 

[AdventureIsOutThere82]

Hi! You have 30 days to pay in full. If you want to pay over several months, best bet is to get a private loan, pay Disney and then repay your private loan as you want. Interest rates are very high if you go through Disney even with excellent credit. Closing costs will be lower as well. Good luck!

Thank you, friend! This was super helpful.

 

[pixieprincess925]

you can also get a disney credit card. I think the limit for charging is $10K per credit card, but this way you get 2% back in "disney bucks", plus you have 6 months to pay with 0% interest.

 

[RoseGold]

I'd buy resale first, and then buy direct. Direct can give you whatever use year you want, so it's a lot easier for them to match it up. And direct will always be there, so no rush there. Getting the right resale contract can be much harder and take much longer.