Coming soon to Walt Disney World - Monthly Payment Annual Passes
by, 02-22-2010 at 11:50 AM (15146 Views)
Sources at Walt Disney World tell MousePlanet that the monthly payment plan first offered to Disneyland Annual Passholders in late 2008 will be extended to Walt Disney World Passholders later this year. The official announcement is expected sometime next week, when Disney is also expected to debut a new Annual Passport that will be valid at both the Florida and California Resorts.
Few details are available about the Walt Disney World monthly payment option, which is not expected to launch until sometime this summer. The Disneyland version, currently restricted to Southern California residents only, requires customers to make a deposit equal to the cost of a one-day, one-park ticket. The remaining monthly payments are then automatically charged to a credit card placed on file at the time the passport is purchased. The Walt Disney World version is expected to be open to all Florida residents, and will require a deposit and credit card payments similar to the Disneyland pass. Non-residents are not expected to be eligible for this option.
The resort is reportedly launching this plan as another attempt to grow their Annual Passholder base. Disneyland saw sales of Annual Passes skyrocket after launching the monthly payment plan, and Walt Disney World is hoping that the financing option will help boost sales of their pricier passes. If the two plans are similar, a Florida resident would be able to "upgrade" their $79 one-day, one-park ticket (expected to go to $83 this August if current patterns hold) to a seasonal annual passport with payments of about $15 per month. After deposit, payments for the Florida resident Premium AP would be just under $40 per month - still a big chunk, but much easier on the budget than shelling out $489 (current price) at one time. Note that all prices listed do not include tax.
We haven't yet heard if the monthly-payment option will be offered for the combined Walt Disney World / Disneyland Resort annual passport. While it would seem to make sense, the logistics involved with launching the new pass may leave that option for later implementation.
Let us know in the comments below what you think of this option!