DVC price increase?

[KANSAS]

Did Price increase occur yesterday?

if yes, what is the price per point, for DVC/SSR+S?
after all the incentives?


Was their a price increase on DVC sold out resorts also??

 

[senecabeach]

It was posted here somewhere that the price increase goes to $101. for SSR new buyers on 4/1 and didn't indicate any current incentive.

 

[1000th happy haunt]

Was their a price increase on DVC sold out resorts also??

My guide told me that there would also be a price increase for sold out resorts, but he didn't say how much (and I didn't ask).

 

[browniemtb]

I've heard sold out resorts are foing $3 as well....$95.

 

[Beca]

For members, the price increase is not until June or July...don't remember which!!

Hi KANSAS!!!



Beca

 

[OnceUponADreaminTX]

Met with my guide at SSR yesterday, 3/1. The Disney financing increased to 9.95% up .20%, but the standard down payment requirement decreased to 10%. My guide offered me either the old financing with 20% down or new with 10%.

 

[HeatherPage]

Hmmm...on 2/28 my guide told me that financing rates would increase (he said some as high as 14% but didn't mention about putting down 10% rather than 20% (which is what I'd rather do). I called and left him a message that I'd rather do it that way (his message said he wouldn't be in until Saturday). I guess if they've already sent out the paperwork, worse case scenario is they can cancel any paperwork already drawn up and rewrite a new contract with only the 10% down (it only works out to about $27 a more a month that way).

 

[Hogzilla]

Hmmm...on 2/28 my guide told me that financing rates would increase (he said some as high as 14% but didn't mention about putting down 10% rather than 20% (which is what I'd rather do). I called and left him a message that I'd rather do it that way (his message said he wouldn't be in until Saturday). I guess if they've already sent out the paperwork, worse case scenario is they can cancel any paperwork already drawn up and rewrite a new contract with only the 10% down (it only works out to about $27 a more a month that way).

They're just like used car salesmen, IMO. They don't always have their facts straight and they tell you whatever they think they can get away with. We were thinking of adding on before 3/1, because my guide said we had to put down 20% either way to get 9.75 prior to 3/1 or 10.75 after. Crazy......

We decided to hold off since we felt we weren't getting the straight scoop on pricing and rates.

 

[senecabeach]

I think..if possible...it behoves everyone to put down, (pay it off sooner), as much as is afordable.
It is also my understanding that if one's credit is not up to par.....the down payment % increases.
It isn't a decision made by the "guide's" descretion..but Disney's mortgaging policy!!

 

[HeatherPage]

I'm a former owner, so I was already assigned a guide. When I called him on 2/28 and told him we were ready to come back, he took literally 2 seconds to tell me he just need 20% down again. Since the time we sold our last DVC until now, our salaries and credit have only gotten better, there was no way he ran a credit check in 2 seconds - and our credit is very up to par. Whether it behooves me or not, isn't the point, we're still financing it for the same length of time so if it only takes $27 more a month for the time being (paying off more when we can) and to only have to put down $360 for a downpayment (after the $8 off per point promotion) as opposed to $2320, I'm going with the $360 everytime. But thank you for your opinion.

 

[Hogzilla]

I'm a former owner, so I was already assigned a guide. When I called him on 2/28 and told him we were ready to come back, he took literally 2 seconds to tell me he just need 20% down again. Since the time we sold our last DVC until now, our salaries and credit have only gotten better, there was no way he ran a credit check in 2 seconds - and our credit is very up to par. Whether it behooves me or not, isn't the point, we're still financing it for the same length of time so if it only takes $27 more a month for the time being (paying off more when we can) and to only have to put down $360 for a downpayment (after the $8 off per point promotion) as opposed to $2320, I'm going with the $360 everytime. But thank you for your opinion.

As you surmised, they don't run any check and there is no approval needed for current owners. If someone is adding on, they are granted financing as long as they are in good standing.