Floridian From Afar
Earning My Ears
- Joined
- Jan 4, 2022
- Messages
- 43
Just put down my down payment to become a new member / direct member with VGF. Very excited. A few things I wanted to let other people know who might be considering the purchase.
1. You have 10 days to back out.
2. With tomorrow's increase in price, a 150 point direct contract will cost you $1500 more. Not enough, I think, for people to rush into a major purchase but something to consider. In my case, I felt that locking in at $207 today and sitting on the purchase for a few days made sense. To lock in the price, I paid around $1600 ( there was another cheaper option but it required a credit check). If we change our mind within 10 days, no harm no foul.
3. Financing. Obviously better to pay in cash if possible. I was considering putting down half and then paying off the rest as fast as possible. Disney gave me the option of putting down half, and then having a 1 year loan at 5.5%. For the 150 point contract, comes out to $1300 and change a month. Much better than the 10-20% rates, if you can pay it off fast.
4. We didn't qualify for much in terms of discounts. If we bought 200 points, the price would have gone down by $500. Not worth the added cost I think.
I think that's about it. Any other things to consider would be welcomed. Let's see what happens tomorrow, and in the next 10 days.
1. You have 10 days to back out.
2. With tomorrow's increase in price, a 150 point direct contract will cost you $1500 more. Not enough, I think, for people to rush into a major purchase but something to consider. In my case, I felt that locking in at $207 today and sitting on the purchase for a few days made sense. To lock in the price, I paid around $1600 ( there was another cheaper option but it required a credit check). If we change our mind within 10 days, no harm no foul.
3. Financing. Obviously better to pay in cash if possible. I was considering putting down half and then paying off the rest as fast as possible. Disney gave me the option of putting down half, and then having a 1 year loan at 5.5%. For the 150 point contract, comes out to $1300 and change a month. Much better than the 10-20% rates, if you can pay it off fast.
4. We didn't qualify for much in terms of discounts. If we bought 200 points, the price would have gone down by $500. Not worth the added cost I think.
I think that's about it. Any other things to consider would be welcomed. Let's see what happens tomorrow, and in the next 10 days.
