Direct Purchase Payment Change

[Cfabar1]

They've been flexible with me for the payments within the 60 days. Once its set up you can call quality assurance and pay sooner or later on some contracts than the dates they put as your next payment if youre just paying a deposit as long as its within the 60 days. I havent tried to push it to 90 and im not going to. Since they're flexible within the 60 days I can just pay towards it when I want which is nice.

I don't think they do 90 days anymore... we did a direct purchase add on - and I wanted all of the due dates to be on say the 8th of the month, so they each hit a different month's credit card cycle. That would have caused the purchase to go into day 62...

My guide tried to get approval to go ahead with the sale anyways... he called me back about 10-20 minutes later and sheepishly said that he would have to wait 2 days to complete the purchase as they were unable to go past day 60 even with approval...

To be clear, the extended payment timeline was something I always had to request, and state strongly, that was, for me, key to the purchase. No guide ever offered those extended terms proactively to me. I have long suspected that was Disney procedure/policy.

 

[Girlstar30]

I don't think they do 90 days anymore... we did a direct purchase add on - and I wanted all of the due dates to be on say the 8th of the month, so they each hit a different month's credit card cycle. That would have caused the purchase to go into day 62...

My guide tried to get approval to go ahead with the sale anyways... he called me back about 10-20 minutes later and sheepishly said that he would have to wait 2 days to complete the purchase as they were unable to go past day 60 even with approval...

To be clear, the extended payment timeline was something I always had to request, and state strongly, that was, for me, key to the purchase. No guide ever offered those extended terms proactively to me. I have long suspected that was Disney procedure/policy.

I dont think they'd let me do 90 days either but I almost want to ask just to try since its impossible

 

[muppets3d]

I don't think they do 90 days anymore... we did a direct purchase add on - and I wanted all of the due dates to be on say the 8th of the month, so they each hit a different month's credit card cycle. That would have caused the purchase to go into day 62...

My guide tried to get approval to go ahead with the sale anyways... he called me back about 10-20 minutes later and sheepishly said that he would have to wait 2 days to complete the purchase as they were unable to go past day 60 even with approval...

To be clear, the extended payment timeline was something I always had to request, and state strongly, that was, for me, key to the purchase. No guide ever offered those extended terms proactively to me. I have long suspected that was Disney procedure/policy.

Yeah I think the guides are trained to offer financing to folks who are not prepared to put a down-payment down and schedule the remainder to be due in a short period of time. The extended payment option is only offered if people say they don't want to finance.

It's a way to overcome objections and "get to yes" as they say in sales. It isn't designed to be the default offering because it costs DVC money in lost interest income.

 

[crackerjack21]

FYI, last year We bought at the poly and spread our initial payment over 60 days. But we bought again today and our guide said they recently made changes and they want all payments no more than 45 days out from today. And in order to do anything more than 15 days out you had to put at minimum 20% down. YMMV, but I think k our guide is very good and I have no reason not to believe him.

We just had the same experience. Bought last summer, spread out over 60 days and now told 45 days, but they just asked for 10% down which we planned to do anyways. Kinda bummed, it was nice to have this extra 15 days.

 

[Add-On-Itis]

just bought and was allowed 60 days

 

[Cfabar1]

just bought and was allowed 60 days

Curious what the size of contract was....

 

[Add-On-Itis]

150 point poly

 

[airjay75]

Just adding. Had an in-person tour with my guide today. Was told 45 days max (requiring two layers of approval, whatever that means), and 10% up front. But, she also said, since I would not be financing, approval wouldn't be hard.

I had also heard some reports of not letting you break your purchase up into up to 4 different contracts. Was told we could still break it up into 4 (although I don't think I'm going to do that so may not end up testing that).

 

[Add-On-Itis]

Just adding. Had an in-person tour with my guide today. Was told 45 days max (requiring two layers of approval, whatever that means), and 10% up front. But, she also said, since I would not be financing, approval wouldn't be hard.

I had also heard some reports of not letting you break your purchase up into up to 4 different contracts. Was told we could still break it up into 4 (although I don't think I'm going to do that so may not end up testing that).

I guess depends on the guide? I used a guide that was frequently recommended here.