Question about changing deposit info

[justkeepswimmin]

Hi all,

My dh and I are in the process of purchasing 160 ptc at GCV.

We got the 160 developer points and $5 off pp incentive that was going around before the Grand Firsts events (which we regretably can not attend) and in my excitement to get the order placed, I put the deposit amount due on my AMEX.

In reading, it seems I am eligible to place $2500 on my disney visa as part of a DVC deposit with 6 months no interest. We want to do this but will it be a big pain to change? My AMEX has already been charged but we have not received our paperwork yet. Will this require my contract to be re-written and if so, would I potentially loose my current incentives?

Thanks everyone! This is our 1st DVC purchase and my dh and we are so excited!

 

[maburke]

Hi all,

My dh and I are in the process of purchasing 160 ptc at GCV.

We got the 160 developer points and $5 off pp incentive that was going around before the Grand Firsts events (which we regretably can not attend) and in my excitement to get the order placed, I put the deposit amount due on my AMEX.

In reading, it seems I am eligible to place $2500 on my disney visa as part of a DVC deposit with 6 months no interest. We want to do this but will it be a big pain to change? My AMEX has already been charged but we have not received our paperwork yet. Will this require my contract to be re-written and if so, would I potentially loose my current incentives?

Thanks everyone! This is our 1st DVC purchase and my dh and we are so excited!

Are you financing? You can put another 2500 on your Disney Visa and get the 6 months no interest. It doesn't matter if it's the down payment or just any payment.

 

[justkeepswimmin]

We are financing a portion of our purchase but I am not sure how our contract is being written up as it all went so fast and I did not clarify with our guide how much we would be putting down so it is possible our paperwork will need to be adjusted as I think he assumed we were financing the remaining amount due.

You are right though, if it can be any DVC payment that qualifies for the 6 month no interest, we will just charge another $2500 in addition to the 1st charge. All are to be paid off anyway so it doesn't really matter.

 

[maburke]

You don't need to change the paperwork if you are just changing how much you are paying now versus financing. They're happy to take an additional payment anytime. In fact, there is some evidence that they don't check when you reach 10% or 2500 on a contract, so it may be that any and every payment of 2500 or less will get the interest-free. I'll let you know in the coming weeks if this works for me.

 

[disneynutz]

In issues such as this it doesn't matter what we think. You need to contact your Guide and see what Disney can do for you. Explain your situation, I'm sure that they will work with you.

 

[Sandisw]

I just changed my financing with my contract. I was going through Disney but secured better and cheaper financing between the time I started the process and when I got the paperwork.

I just called my guide, who then had me call Quality Assurance, who took the payment over the phone and just cancelled out my loan. It was quick and easy.

I think that adding more to your deposit is no big deal and should not delay things that much.

Good luck!