DVC Members..

[ransom]

Chase charged me a one time fee of 50 for using a convience check. That was all.

Ah! So you can't just use your card, you have to write a convenience check?

 

[3DisneyKids]

Ah! So you can't just use your card, you have to write a convenience check?

Nope...I just used my card. Gave my guide the numbers over the phone and thus no $50 convenience fee.

 

[ransom]

Nope...I just used my card. Gave my guide the numbers over the phone and thus no $50 convenience fee.

Thanks again, 3DisneyKids!

 

[TedraL00]

used check for special interest rate.

 

[SFLTIGGER]

We went a little different way. We were in the position that it was benificial for us to do a full refinance of our 1st mort. We consolidated our debt + took out enough to pay cash for DVC.

 

[bsusanmb]

I would call DVC and speak with one of their sales people. I never thought I could afford DVC...NEVER. But when I thought of all the money we spend paying for a room on property, and we go 4 weeks a year, it only made sense to go with the DVC as a pre-paid vacation. My sales rep was low key, took his time to explain everything to me - no high pressure. I called back and bought a 150 contract, gave 5% on my credit card, they mailed me the contracts to sign, I signed and sent in the other 5% required for Disney financing, and have everything direct debited from my checking account. I then added on 3 times since. It was interesting that nothing shows up on your credit report about Disney financing.

I financed 500 points with the 10% down. I have contracts at SSR and VWL.
I pay $501 a month in loan payments and $159 in annual dues per month.
So that may give you a ball park estimate.

Yes, I know many people will say that if you have to finance it, you shouldn't. Well, I disagree. I can afford it and it pre-pays my vacation. I just make my reservations and show up. Nothing to worry about. Also the $100 discount on Annual Passes is a great perk.

Go ahead and call. Get the information and look it over and then decide.
Best wishes

 

[mouse4ever]

We just bought AKL a couple of weeks ago and did a combination of what several people are suggesting. We decided to put the entire amount on our Disney Visa ($2500 of that will then be interest free for 6 months as long as your guide makes 2 separate charges, one charge for $2500, the other for the remaining amount), that way we will be earning about 170 points on our card. We also went to our bank and got a line of credit with an interest rate of 7.99%. We will use our line of credit to pay off the credit card (with the exception of the $2500 since that's interest free) when the bill comes due. By doing this, we financed as little as possible, got free interest for 6 months on the $2500, and still got 170 Disney Dollars!