New Incentives

[DVC Mike]

Does anyone know if 2009 MFs are included in the price, or do you still have to pay those separately ?

Assuming they're not included but wanted to ask.

Chris

MF's are not included.

 

[logan115]

MF's are not included.

Thanks - figured that was the case but you never know until you ask.

 

[Dziactor]

Just started the process to purchase our first points at BLT, getting 210.

 

[DVC Mike]

Just started the process to purchase our first points at BLT, getting 210.

Congrats!

 

[Dziactor]

Thanks, cant wait.

 

[Silly Little Pixie]

MF's are not included.

If I buy directly through Disney, when do I have to pay the MFs? At closing? I am trying to think about how much cash I would need available at closing time, or shortly thereafter.

And you pay MFs every January, right? Not at the beginning of your UY, correct? I definitely want to know all the facts before making a decision.

Thanks

 

[stopher1]

Spoke with my guide today. We are purchasing 220 points

HI Christa, We just bought today too... 170 at BLT.

Congratulations to you both - that's awesome!!!

 

[stopher1]

If I buy directly through Disney, when do I have to pay the MFs? At closing? I am trying to think about how much cash I would need available at closing time, or shortly thereafter.

And you pay MFs every January, right? Not at the beginning of your UY, correct? I definitely want to know all the facts before making a decision.

Thanks

If you buy directly from Disney the MF's are either paid in a lump sum or can be paid monthly from your checking or savings account. I can't speak for how it works at closing if you choose to pay a lump sum since we spread ours out in monthly debits. When we first bought, we didn't pay anything OOP except for the down payment and out docs outlined the monthly debit option.

After you are a member though, if you choose to pay in a lump sum, MF's are due in Jan...I believe on the 15th.

 

[gkrykewy]

Has anyone confirmed what the minimum points are to get the Disney Visa incentive (add-on)? I would guess 100, but if it's 50, I'm all over that.

 

[dcfromva]

A little confused on the downpayment on the Visa. I can put the downpayment on the Visa and then pay it off the next month, right? (This is how I've always bought my points. I pay with my Visa (earn rewards) and pay off the balance when due with my savings.) Am I missing something?

n2mm,
Yes, you can! I put my entire purchase on my Visa and paid it off before the next billing cycle closed. So, I received another 1% off the price in the form of some Disney Reward points (which I will use for MFs).
It was very convenient. When I received the Visa statement, I had a zero balance, but it looked like they were going to give me the zero percent for 6 months promotional rate for the 10% and the 90% of the purchase.

 

[dcfromva]

If I buy directly through Disney, when do I have to pay the MFs? At closing? I am trying to think about how much cash I would need available at closing time, or shortly thereafter.

And you pay MFs every January, right? Not at the beginning of your UY, correct? I definitely want to know all the facts before making a decision.

Thanks

When the MFs start for any current purchases depends on which property you are buying.

For new properties: Your MFs do not start until your property has opened. Here are a couple of examples:
BLT opens Aug 4th, so you would pay pro-rated MFs from Aug 4th-Dec 31st for 2009.
VCG opens Nov 30th, so you pay pro-rated MFs from NOV 30th -Dec 31st for 2009. Pretty sweet--you get a full set of points and pay 1/12 the MFs! Some exceptions--folks who will not get their first set of VGC points until 2010 don't pay MFs for 2009.
If your specific unit is open when you purchase, your dues are pro-rated to the date you made your purchase.

I believe if you are doing lump sum, you have to pay that at closing (or a short time thereafter or after the property opens whichever is later). For subsequent years, it is due in Jan. You can also set up monthly EFT payments to pay for MFs. I've found there is generally a little bit of a lag for the monthy payments to get started, so the montly payments end up being a little bit higher than I figured (because the amount is averaged out over fewer months).

 

[culli]

Has anyone confirmed what the minimum points are to get the Disney Visa incentive (add-on)? I would guess 100, but if it's 50, I'm all over that.

I just looked at the offer and it said 160 pts but that appears to be for new members not sure what it is for exisiting. But yeah at 50pts.....I'm in!

 

[drewmisha]

So if my use year is in december, I don't really get that benefit of 1/12th MF's for VGC? I pay for the 1/12th then pay again in 1/2010 for next year? Help, I'm confused...

When the MFs start for any current purchases depends on which property you are buying.

For new properties: Your MFs do not start until your property has opened. Here are a couple of examples:
BLT opens Aug 4th, so you would pay pro-rated MFs from Aug 4th-Dec 31st for 2009.
VCG opens Nov 30th, so you pay pro-rated MFs from NOV 30th -Dec 31st for 2009. Pretty sweet--you get a full set of points and pay 1/12 the MFs! Some exceptions--folks who will not get their first set of VGC points until 2010 don't pay MFs for 2009.
If your specific unit is open when you purchase, your dues are pro-rated to the date you made your purchase.

I believe if you are doing lump sum, you have to pay that at closing (or a short time there-after). For subsequent years, it is due in Jan. You can also set up monthly EFT payments to pay for MFs. I've found there is generally a little bit of a lag for the monthy payments to get started, so the montly payments end up being a little bit higher than I figured (because the amount is averaged out over fewer months).

 

[dcfromva]

So if my use year is in december, I don't really get that benefit of 1/12th MF's for VGC? I pay for the 1/12th then pay again in 1/2010 for next year? Help, I'm confused...

If your UY is Dec 2009 for VGC, you will get a full set of 2009 points and only pay 1/12 of the dues.

And then, your next 2010 dues are paid in Jan 2010 if you elect lump sum-even though you won't get your 2010 points until Dec (Alterantively, you could set up a monthly EFT and then you pay 1/12th of your dues each month--plus in Jan if they were short on any of their estimates like taxes for example, you make up however much it is).

The dues go by calendar year, so it is a little tricky to get used to-- especially DEC UYs. Some of my points are Dec--and I am still in my 2008 UY, it gets confusing for figuring out long range plans.

 

[trampslady]

We are eager to add on at VGC tomorrow when our guide is back. We have an April use year. Anyone know how limited points are per use year, and when will our points be granted (meaning will we have 2009 points?)?

THANK YOU for any assistance!

 

[Uferlives]

I have a question on splitting a contract, in the context of the new incentives. As a current member, if you added on 100 total points, split between 50 at BLT and 50 at GCV, would you still qualify for the incentives ($8/off pp, + the choice of either an additional $6 off pp or the 3-day cruise)? Or, do the 100 points need to be purchased all at the same resort? Also, what about closing costs? Any idea if Disney picks up all the closing costs where you split 100 points into two separate 50 point contracts? Would that depend on whether the two contracts are for the same resort, or two different resorts?

 

[drewmisha]

It seems that the dec uy won't get as much benefit, if any, as other dvc'ers with june, august, sept, oct uy. I think the uy that doesn't get 09 points would be feb, mar, april (is that correct?). The best uy would be june, august, and maybe sept; these will get their points in 09 and pay 1/12 mf and get point refills in 6-9 months to use again for the 2010 uy. You only pay 1 and 1/12th mf and get close to use 2 years of points!

So for all the new potential vgc'ers, get uy's that are june, august, sept and maybe october! It's almost like getting free developer points!

If your UY is Dec 2009 for VGC, you will get a full set of 2009 points and only pay 1/12 of the dues.

And then, your next 2010 dues are paid in Jan 2010 if you elect lump sum-even though you won't get your 2010 points until Dec (Alterantively, you could set up a monthly EFT and then you pay 1/12th of your dues each month--plus in Jan if they were short on any of their estimates like taxes for example, you make up however much it is).

The dues go by calendar year, so it is a little tricky to get used to-- especially DEC UYs. Some of my points are Dec--and I am still in my 2008 UY, it gets confusing for figuring out long range plans.

 

[dcfromva]

We are eager to add on at VGC tomorrow when our guide is back. We have an April use year. Anyone know how limited points are per use year, and when will our points be granted (meaning will we have 2009 points?)?

THANK YOU for any assistance!

The first UY for VGC is June 2009, so your first set of points will be Apr 2010...

 

[dcfromva]

I have a question on splitting a contract, in the context of the new incentives. As a current member, if you added on 100 total points, split between 50 at BLT and 50 at GCV, would you still qualify for the incentives ($8/off pp, + the choice of either an additional $6 off pp or the 3-day cruise)? Or, do the 100 points need to be purchased all at the same resort? Also, what about closing costs? Any idea if Disney picks up all the closing costs where you split 100 points into two separate 50 point contracts? Would that depend on whether the two contracts are for the same resort, or two different resorts?

I know the answer to the closing costs question: Disney will pay if you are already a member.

 

[dcfromva]

It seems that the dec uy won't get as much benefit, if any, as other dvc'ers with june, august, sept, oct uy. I think the uy that doesn't get 09 points would be feb, mar, april (is that correct?). The best uy would be june, august, and maybe sept; these will get their points in 09 and pay 1/12 mf and get point refills in 6-9 months to use again for the 2010 uy. You only pay 1 and 1/12th mf and get close to use 2 years of points!

So for all the new potential vgc'ers, get uy's that are june, august, sept and maybe october! It's almost like getting free developer points!

Yes-you've got it!

Having said that, there could be an advantage to getting a different UY besides Jun 2009. If your travel plans have you always going in Apr or May, then Jun might not be your best UY because you would always be traveling past the time you can bank your points... If you end up canceling within the 1-31 days prior, you would have a limited amount of time to reschedule your trip... So, in the short run (the first year of usage), it might be an advantage, but in the long run (50 years of travel), it might not.