If DVC gave you an option..

[Tigger2ntinkerbell]

If "ALL" DVC Member(either purchased Directly from Disney or Resale) and were given the option of a payment plan to purchase the Members Price Annual Pass(all non-Florida residents) ticket , would you do it ??.


I sent an email to DVC/DVD and asked the same questions. Their response was "they'll will pass it long".

 

[erionm]

The reason it's limited to FL Residents for WDW Passes and CA Residents for DL Passes is most likely state collection laws. They only have to deal with collection laws in two states.

Create your own payment plan by setting money aside each month that's equal to 1/12th the price it would cost for passes.

 

[tjkraz]

I assume many people would embrace a payment plan but Disney has its reasons for not offering such an option. One of the main problems is collecting on defaults. Either Disney itself would have to work within the legal systems of many different states, or it forces them to subcontract with (often unsavory) collection agencies.

When a Florida resident buys an AP, the assumption is that they will be visiting the parks frequently. In that case, the thread of being stopped at the gate due to non-payment is incentive enough to maintain the payment obligation.

AP holders from other states have different habits. They typically buy APs with the intention of using them for 2 or 3 extended stays over the course of a year. If financial difficulties are encountered, it's much easier for a non-resident to renege on payments...they've already received significant value from the pass when it was initially purchased.

Specific to DVC members, I doubt that Disney could attach any AP debt to the DVC contract. They couldn't prohibit owners from making reservations or using their points due to an unpaid balance on an AP. Those are separate, unrelated transactions.

Best thing people can do (IMO) is create their own payment plan. Open a vacation savings account at an online bank and have funds automatically transferred from your primary checking or savings on a regular basis. It's essentially the same as a Disney-endorsed payment plan. You can schedule the transfers to occur weekly, monthly, every-other-week, etc. And the funds will be waiting when it's time to buy the APs.

 

[cvjw]

Agree with other posters - create your own payment plan, don't depend on Disney to do it for you. We purchase 4 AP's each year. I know how much they are going to cost and plan accordingly to have the money to pay for them

 

[mouseaider]

I've never liked payment plans for myself so I would say no for me.

I'd continue to purchase when it made sense for me and pay it up front.

 

[disneynutz]

We have our own payment plan for our Disney vacations, dues, and admission media. We pre-purchased tickets and AP's which will serve us for the next 10 years or so and we use payroll deductions to make a deposit into a separate savings account used just for Disney.

Everything is paid for with a credit card for the rewards points and the savings account pays the credit card bill.

Bill

 

[bumbershoot]

The reason it's limited to FL Residents for WDW Passes and CA Residents for DL Passes is most likely state collection laws. They only have to deal with collection laws in two states.

Except that Universal does payment plans for anyone with their APs. So it cannot be a law stopping Disney.

Disney used to only allow payment plans for southern CA residents. Finally they expanded it to all CA residents.

I figure Disney can do what it wants to do; they just don't want to do it.

 

[edith76]

seaworld/buschgardens does a payment plan also. I don't do it but know it was offered in April when I bought our passes.

 

[tjkraz]

Except that Universal does payment plans for anyone with their APs. So it cannot be a law stopping Disney.

Disney used to only allow payment plans for southern CA residents. Finally they expanded it to all CA residents.

I figure Disney can do what it wants to do; they just don't want to do it.

Local laws aren't a roadblock, rather Disney is (apparently) unwilling to navigate the laws of 50 unique states to expand such an offering.

 

[erionm]

seaworld/buschgardens does a payment plan also. I don't do it but know it was offered in April when I bought our passes.

According to their website, it's for FL Residents Only.

http://seaworldparks.com/orlando/~/media/bgt/pass member/ezpay/ezpay_spread3_2.ashx

 

[AppleDisneyDad]

According to their website, it's for FL Residents Only. http://seaworldparks.com/orlando/~/media/bgt/pass%20member/ezpay/ezpay_spread3_2.ashx

Interesting. Busch Gardens / Sea World is in at least 4 states, so this seems limited. When we lived in VA we started a payment plan and I kept it while living in VA, TX and PA. We could get into any park in their system. We mainly went to Busch Gardens Williamsburg and Sea World San Antonio. Maybe they didn't care as long as I kept paying.

 

[erionm]

Interesting. Busch Gardens / Sea World is in at least 4 states, so this seems limited. When we lived in VA we started a payment plan and I kept it while living in VA, TX and PA. We could get into any park in their system. We mainly went to Busch Gardens Williamsburg and Sea World San Antonio. Maybe they didn't care as long as I kept paying.

Interesting in that the Busch Gardens Williamsburg website doesn't indicate that there is a state restriction on EZPay, yet the websites for the FL Parks (SeaWorld & Busch Gardens) do.

 

[wishicouldgomoreofte]

Agree with other posters - create your own payment plan, don't depend on Disney to do it for you. We purchase 4 AP's each year. I know how much they are going to cost and plan accordingly to have the money to pay for them

Agreed.

No payment plans for me either.

 

[BestDadEver]

No I only go 1 week at a time

 

[edith76]

We buy Platinum passes for SeaWorld. I used to buy them in Fl and when they first offered a payment plan it was only Fl. residents. But when I went to renew I could have done the payments but would have lost the renewal discount. That was a few years ago and I let our passes expire. When I went to buy them in April we had to go to Va to activate (wanted them for our CA/Alaska cruise - San Diego) so I bought them there and could have done a payment plan. What I was told was that you have to pay the full first year but after that it is a monthly thing. We got snagged into GS for a survey and talked to a girl while there that said once you buy them the monthly payment never increases. Sounded odd to me but that is what I was told. Interesting anyway.

Think the problem Disney might run into is people buying and using them on a payment plan and them not paying the balance. It would be a nuisance to go after them for the balance and cost more than they would get. There is that Disney Savings Plan? where you could set money aside and use it for passes.

 

[brertoad]

Because I am a FL resident I have the option to go on their payment plan. When they started the program, I had thought I would use that method for payment, however when I saw the full page long contract and I started reading it, I just said, no way this is just way too complicated. I am the type of person to read the whole contract.

If I absolutely had to finance it for 12 months, I would just get one of those 0% interest credit cards for 12 months (several banks offer that for the first year).

As others have suggested, perhaps just start a savings account and set aside 1/12th of the payment per month until you have enough to buy it outright.

 

[Chuck S]

Remember that Disney and DVC are legally two separate entities. SO the question also becomes, if someone defaults,would Disney hold DVC responsible for the remaining payments. And would DVC, then, have to put a hold on the members account...not allowing them to use the points, until it is settled. And would those additional bookkeeping costs be passed on to all DVCers in the form of higher dues? And for what, really? Most owners who are responsible enough to own DVC should also be responsible enough to budget for the remaining costs of vacationing, whether that means simply paying upfront, or setting aside some $ every month.

 

[longrf01]

I'll echo what others have said. In round figures, an annual pass is $600 / 12 months = $50 per month. Assuming no up front balloon payment, I can see people scheming "Well, we're here for 7 days and that's (about) $300, but if I do an annual I can just pay $50 and skip paying the rest! Mega savings!

Not it's not honest, but a lot of people operate on the "if you leave an opening then it's your fault you're taken advantage of" principal.

 

[erionm]

I'll echo what others have said. In round figures, an annual pass is $600 / 12 months = $50 per month. Assuming no up front balloon payment, I can see people scheming "Well, we're here for 7 days and that's (about) $300, but if I do an annual I can just pay $50 and skip paying the rest! Mega savings!

Not it's not honest, but a lot of people operate on the "if you leave an opening then it's your fault you're taken advantage of" principal.

For a NEW FL Resident AP purchase on the monthly payment plan, there is a down payment equal to a 1-day MYW Ticket and the first of the 12 monthly payments will be taken within 3 days.

 

[madduck]

I would if there was no interest cost. I would then make sure to visit more to get my money's worth. So Disney would get even more of my money.