On layoffs, very bad attendance, and Iger's legacy being one of disgrace

mkt

When a paradise is lost go straight to Disney™
Premium Member
The depreciation varies a lot per vehicle. In Canada for example, any decent two years old Subaru with 30-40K kilometers will only eat 3000$ to 4000$ in depreciation. If I can buy a new Subaru Crosstrek for 27000$, what's the use in going back two years and paying 25000$?

Subaru is weird on how well they hold their value. I bought a 2017 WRX with 4k miles in 2018 for $24k. Traded it in a year later with 18k miles for... $24k!!!

Zero complaints. I got to enjoy that car for the cost of gas, three oil changes, and keeping it insured.
 

RaiseTheShields

Active Member
Make a scene until you get your keys back.
That was the problem - I was making a scene and was really embarrassed. Of course it was a bigger problem for them since all of the other customers were watching and listening.

I’ve paid cash for my last three cars and it’s nearly worse negotiating those deals. I assume it’s to get the finance deal.

Anyway, thread totally high-jacked. Sorry. Back to Disney.
 

larryz

I'm Just A Tourist!
Premium Member
They are similar in Florida. Honestly, a court of law never holds NDAs from former employers with much power or regard.
Think of it more as the industry being a smaller circle than many realize, and if you break one with another, it will not bode well for those you run into in the future. The ultimate goal is to be hired again.
In breaking an NDA -- a contract to keep your mouth shut in exchange for receiving a more generous severance plan -- the threat is always there; make it worth your while to keep quiet, and pound you with a room full of lawyers if you don't, ostensibly for breach of contract.
 

TrainsOfDisney

Well-Known Member
I’ll repeat my post and suggest you read it in full

Just because I don’t agree with you doesn’t mean I can’t read. :)

I will say that the parking fee was probably developed to charge folks who come over to the resorts just to watch HEA from the sand of Poly.

The parking fee is only for overnight hotel guests, you can still visit the hotel for shopping and dining and park for free. (Space available of course just like always).

If Disney wanted to really go into the luxurious hotel game, they need to offer a loyalty program with real perks

Totally agree. I was intercontinental platinum and Hilton diamond in the past - a little goes a long way in loyalty. The Disney cruise line seems to understand this.
 

Capsin4

Well-Known Member
These programs are a marketing ploy to get people who can't afford the passes (or the cars) to buy them anyways.
You mean mean people who can’t afford or don’t want to prepay for a park visit 10, 11, 12 months from now. There’s a certain amount of cynicism in thinking it solely markets to those that can’t afford to prepay. I can certainly afford to prepay our Uni passes, but there’s no reason to.
 

CaptainAmerica

Well-Known Member
You mean mean people who can’t afford or don’t want to prepay for a park visit 10, 11, 12 months from now. There’s a certain amount of cynicism in thinking it solely markets to those that can’t afford to prepay. I can certainly afford to prepay our Uni passes, but there’s no reason to.
It's entirely cynical. That doesn't mean it's incorrect.
 

flynnibus

Premium Member
Helping them with what?

These places print money, and I don’t want to hear how “their losing money on this deal.”

I sold my truck to car max once for $13,000, and I thought I was robbing them when I made $2000.00 after paying it off.

Little did i know they were robbing me...it was on the lot the next day for $18,900.00.

That BS that they only make $300/car is a bold face lie.

We are way off topic now - but you're mashing together different things. Besides.. what their actual margin is has nothing to do with the actual posts in question.
 

PhotoDave219

Well-Known Member
No one could have prepared specifically for COVID-19, that's true. But there are certain good general preparations one can be responsible enough to make that will change the outcome of most any crisis.

I'm talking about things like having a sizeable emergency fund, avoiding excessive debt, etc. If someone had minimal debt and 3 months worth of expenses in the bank as an emergency fund, they would have done a lot better when COVID-19 hit than one who has debt up to their eyeballs and no emergency fund.

..... when you live paycheck to paycheck, you cant have the luxury of having three months in the bank. $7.25/hr doesnt go very far.
 

mkt

When a paradise is lost go straight to Disney™
Premium Member
To get off cars...

Disney would sell more APS if they did a monthly plan at no interest. It’s just that simple.

Very few Disney parks issues go back to the first week of the microeconomics supply and demand curve. This does.

The question really is: do they want to?

Regional parks live off APs...because the money is made off the other stuff and it guarantees attendance.

Universal has “straddled” the approach...in some ways encouraging them and also discouraging them strategically.

Disney has all but activitly discouraged them the last 5 years...if you follow the moves.

I don’t believe they want them.

The monthly payment plan guarantees a regular source of passive income for the parks.
 

flynnibus

Premium Member
Some purchasers may be that way. Others - like me - prefer to stay as liquid as possible.

The point is when the dealer sells a loan - they get a commission. That is money the dealer sees in the transaction and hence has more space to negotiate the sales price lower. You're baiting them with money they think they will get.. so let them sell the loan, then close the loan. That was the point of the item mentioned.

Reality is most can't easily close out the loan - so in most cases, being armed with your own Financing is best to ensure you get the best possible rate. But go in with your interest rate, and 9/10 times, the dealer will work to have their banks match your rate. So they can still get their commission and the bank still gets the loan.

Dealers are incentivized to direct buyers to their partners. CA's point was - use that to your advantage because the dealer will see more items in their + column if you use their loan.
 

Sirwalterraleigh

Premium Member
Subaru is weird on how well they hold their value. I bought a 2017 WRX with 4k miles in 2018 for $24k. Traded it in a year later with 18k miles for... $24k!!!

Zero complaints. I got to enjoy that car for the cost of gas, three oil changes, and keeping it insured.
Subarus are very unique in that regard.

It’s almost a “cult”. One of the people I talked about - who works for Land Rover and used to work for Subaru...describes it as a “bunch of faux adventurer hipsters and moms...the “fake outdoorsy” that go to target and LA Fitness”

...that’s a nail on the head.
 

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