Direct Purchase Payment Change

[davidhr]

So you have to put 20% down to finance?

To get the best rate, yes.

 

[VGCgroupie]

I think there's a 10% down option at a higher interest rate.

ahh okay. I just know that I have always been given a real low low amount for deposits when my guide is trying to sell me and when I bought. (not financing)

 

[Girlstar30]

You didnt?

Yes I did but I think you can do 10% too at the higher interest that's why we did 20

 

[Genie+]

Without the people on these boards sharing details of their purchase, I would’ve had no clue about the best deals direct.

We had written off direct as too expensive $pp to comfortably spend. By Spring 2023 we decided on monorail resort resale and had been making offers, then VGF direct came out with $175pp. For the first time we flirted with the idea of direct. It was a solid… maybe.

Summer incentives were released and people were talking about $168pp. The next day people shared you can also get $1000 as another stackable incentive, bringing it to $161pp, and being able to schedule payments over 90 days.

That was it for us! 50 minute call, the first time I ever reached out to my guide, and we were owners

That 90 day extension played a BIG part.

 

[Girlstar30]

Without the people on these boards sharing details of their purchase, I would’ve had no clue about the best deals direct.

We had written off direct as too expensive $pp to comfortably spend. By Spring 2023 we decided on monorail resort resale and had been making offers, then VGF direct came out with $175pp. For the first time we flirted with the idea of direct. It was a solid… maybe.

Summer incentives were released and people were talking about $168pp. The next day people shared you can also get $1000 as another stackable incentive, bringing it to $161pp, and being able to schedule payments over 90 days.

That was it for us! 50 minute call, the first time I ever reached out to my guide, and we were owners

That 90 day extension played a BIG part.

The extension played a big part for us too. She was actually trying to get us to do it in 30 and we were ready to walk. No reason to put ourselves in a tighter financial position when its unnecessary. We have three other memberships for almost a year and weve used it a lot, obviously they see we can pay

 

[Cfabar1]

Without the people on these boards sharing details of their purchase, I would’ve had no clue about the best deals direct.

We had written off direct as too expensive $pp to comfortably spend. By Spring 2023 we decided on monorail resort resale and had been making offers, then VGF direct came out with $175pp. For the first time we flirted with the idea of direct. It was a solid… maybe.

Summer incentives were released and people were talking about $168pp. The next day people shared you can also get $1000 as another stackable incentive, bringing it to $161pp, and being able to schedule payments over 90 days.

That was it for us! 50 minute call, the first time I ever reached out to my guide, and we were owners

That 90 day extension played a BIG part.

This story was more or less our journey... I remember making offers at $140-150 resale at the time, and being told my numbers were not good... A few months later, after Magical Beginnings I got direct at $161 pp... (most resale contracts are stripped)... for a modest increase, the direct was well worth it for us...

I think we are unlikely to see those kind of prices again anytime soon...

The 90 Day option at the time, coupled with the six months 0% financing on the Disney Visa made for a terrific option for us...

 

[Genie+]

The extension played a big part for us too. She was actually trying to get us to do it in 30 and we were ready to walk. No reason to put ourselves in a tighter financial position when its unnecessary. We have three other memberships for almost a year and weve used it a lot, obviously they see we can pay

Yeah having a couple months makes it much more manageable. It gave us time to keep earning and hunker down to put towards the cost. I wonder if they’re trying to drive more people to use Disney Visa or financing?

 

[Girlstar30]

Yeah having a couple months makes it much more manageable. It gave us time to keep earning and hunker down to put towards the cost. I wonder if they’re trying to drive more people to use Disney Visa or financing?

Maybe they had issues with people not completing payment and using points

 

[Genie+]

This story was more or less our journey... I remember making offers at $140-150 resale at the time, and being told my numbers were not good... A few months later, after Magical Beginnings I got direct at $161 pp... (most resale contracts are stripped)... for a modest increase, the direct was well worth it for us...

I think we are unlikely to see those kind of prices again anytime soon...

The 90 Day option at the time, coupled with the six months 0% financing on the Disney Visa made for a terrific option for us...

Those were good times! It made the decision to choose direct a no-brainer!

 

[juliebee]

I wonder if they’re trying to drive more people to use Disney Visa or financing?

I bet that is it. They are likely wanting to increase the number of people financing. Then since you are financing anyway... how about another 50 points?

 

[Genie+]

Maybe they had issues with people not completing payment and using points

Looks good on paper for the buyer, then life happens and they can’t follow thru.

But they did manage using years of points before bowing out. Whoopsy! lol

 

[Girlstar30]

Looks good on paper for the buyer, then life happens and they can’t follow thru.

But they did manage using years of points before bowing out. Whoopsy! lol

Im a little surprised they give out the points before final payment. I know in our contract it says wed be liable, but it seems risky for them. I literally could have booked three nights in a grand villa already and bounced lol or someone could strip and sell them. Maybe someone could even book the grand villa with good intentions and then life happens and oops

 

[Genie+]

I bet that is it. They are likely wanting to increase the number of people financing. Then since you are financing anyway... how about another 50 points?

Easy peasy. Give up 1 avocado toast per month and you can have 50 more points

 

[juliebee]

Easy peasy. Give up 1 avocado toast per month and you can have 50 more points

Wow, I hate avocado... so I must be okay to buy tons of points!

 

[VGCgroupie]

Easy peasy. Give up 1 avocado toast per month and you can have 50 more points

Don’t give my husband any ideas RE: my fancy coffees.

 

[davidhr]

Yeah having a couple months makes it much more manageable. It gave us time to keep earning and hunker down to put towards the cost. I wonder if they’re trying to drive more people to use Disney Visa or financing?

Likely the finance guys didn’t like the free loans. They’re very proud when the KPIs show they increased the days they get to pay others while reducing the days they give others to pay them

 

[Steelers0854]

So you have to put 20% down to finance?

We were told 11% is the best interest rate unless you put 20% down then you can get 8.99%

 

[juliebee]

We were told 11% is the best interest rate unless you put 20% down then you can get 8.99%

Yes, that is correct. They put that on the pricing sheets found on the first post here- https://www.disboards.com/threads/winter-dec-25-jan-26-direct-incentives.3976354/

 

[accm]

We also made a direct purchase recently, and had the same experience. I wonder if one of the reasons for the change is also to prevent people to take advantage of better incentives that may come up before the contract is finalized.

Our first direct purchase we spread it out over 90 days. Halfway through those 90 days they had a promotion at BLT, so my guide called asking if we wanted to switch the AKV points to BLT instead. We chose to do that and add a few more points. The remaining balance also got split over 3 payments. He reached out one more time when the VGF came up for sale at a really good price. I seriously considered it, but decided to stay with BLT as we already had points there.