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Disney Anna
01-05-2007, 05:50 PM
I can easily afford to buy into the DVC. Am married, no children, no debt. I love all things Disney, DH tolerates it. I have averaged one trip per year since my first trip to WDW in 1999. Some years I have gone twice. I have stayed at all level of resorts, but my #1 choice is Wilderness Lodge.

Even with all the above, I still don't know if DVC makes economic sense. My understanding is that it will cost me $12,900 to buy ($86 point at SSprings until 1/20/07) a 150 point contract. I also understand I will pay a minimum of $4.12 a point for maintance fees per year or $618 in annual dues.

Most have stated it takes 6-8 years to break even. I typically spend 5-6 nights on each trip. I will presume I can take a 6 nite trip each year on 150 points. Therefore, my after six years, I will have spent $12,900 for buy in and at least $618 a year or $3,708 for a total of $16, 608. So my six vacations would cost me $2,768 per vacation (16,608 divided by 6).

Is this correct?

I understand it will get less costly less year. For example, at year 10 the cost would be $12,900 + 6,180 = 19,080 or $1,908.

But it still seems like a lot of money up front. Especially since I have been able to go on trips where I split the cost with a relative or have received a good deal by buying an Annual Pass.

Am I missing something? Is my math wrong? It could be since math was always my worse subject.

Any thoughts would be appreciated.

Slakk
01-05-2007, 06:14 PM
But it still seems like a lot of money up front. Especially since I have been able to go on trips where I split the cost with a relative or have received a good deal by buying an Annual Pass.

Am I missing something? Is my math wrong? It could be since math was always my worse subject.

Any thoughts would be appreciated.

It is a lot of money and is a way to prepay for vacations for many many years. If you do not mind being very flexible and staying in regular hotel rooms then DVC is probably not for you. I love not having to wait for codes and hoping to get the dates I want - now I boot 11 months out and relax!

In two weeks I will be staying 5 nights in a 2 BR villa would be over 5K through CRO - I never would be able to stay in suites without DVC. Plus my costs are relatively fixed.

browniemtb
01-05-2007, 06:15 PM
You have taken the simple approach to your math and yes it is correct. Funny thing here on the DIS eveyone has a different mathmatical formula for break even. Most will agree that between 6 to 8 visits you do break even. Now the kicker is you have to compare all your stays to deluxe accomodations....which the Wilderness Lodge is. The cost to stay there will go up year after year......your DVC points requirement won't. So sure today it may cost you $2000 for that room but 6 years from now it could be $3000. The other thing you mentioned about splitting the cost of your stay, why couldn't you do that as a DVC member. Just use your points for the stay and charge who ever goes with you for half the points.....example if your week stay in a studio is 120 points charge them for 60 points at $10....$600.
The up front cost are huge and personally I don't like when dues are due but We do love Disney and feel its a better deal and the larger accomodations are great...as well as the flexibility.
Brownie

Mtnman44
01-05-2007, 06:16 PM
Consider this:

What do you spend for 6 nights at the Wilderness lodge normally, and keep in mind the hotel rooms don't have kitchen, washer/dryer.

Here is a simplified example. Let's use 20 years as the length of time you expect to vacation annually at WDW

Let's say right now the Wilderness Lodge costs you $300 with tax, per night for 6 days each year. Let's assume an annual rate hike of 3%. After 20 years, the daily rate will be $526 for that room and you will have spent a total of $48,367 on your 20 vacations for the hotel room.

Now let's look at the DVC ownership, which is essentially prepaying for your next X number of years vacations with much of it locked in at today's prices. You pay $12,900 now with maint fees = 618. Let's also assume the same rate of increase for the maint fees of 3%. After 20 years, you will have spent $16,606 on maint fees plus your initial 12,900 purchase for a total of $29,506.

This is an over simplified example and doesn't account for the Net present value and opportunity costs associated with paying that $13K upfront, but it should give you an idea. Now, imagine how big the difference will be if you account for TWO rooms at the wilderness lodge hotel vs. a 2 BR DVC unit or if we extend the comparison out to 30 or 40 years, the savings would really show. However, this is a prepaid contract. You will only see real financial savings over the long haul and is really only beneficial if you plan to visit WDW at least every two years.

And don't discount the fact that you could sell it after 10 or 20 years and recoup some or all of your initial money back, increasing the bottom line difference between the two strategies. In 10 years the SSR contracts and newer will probably still be selling for more than the price today, resulting in a profit.

Dean
01-05-2007, 07:26 PM
I think most saying that it takes 6-8 years, or 5-7 years, are usually making several mistakes from an accounting standpoint. Many times they assume rack rates for DVC accommodations and they usually ignore items like interest and lost return on the invested dollars. While it's possible to get even in that short a time by doing studios and totally avoiding weekends, that's about the only way to do so and it does assume one would still go every trip and stay in deluxe places on site most trips.

LisaS
01-05-2007, 07:49 PM
Just an FYI since you mentioned that WL is your favorite resort: you can purchase VWL either directly from Disney ($95/pt) or via the resale market (prices vary, click on "DVC Resale Listings" at the top of this page to see current listings at The Timeshare Store, this board's sponsor). VWL contracts expire on Jan 31, 2042 (vs Jan 31, 2054 for SSR). You get 12 more years at SSR but owning at VWL allows you book there at the 11-month window which can be important at certain times of the year, particularly from Thanksgiving through New Years Day.

rinkwide
01-05-2007, 07:59 PM
...I love all things Disney, DH tolerates it...I'd say economics are the least of your concerns.

NemoMOm
01-05-2007, 10:16 PM
This is how we made our decision. The intial costs divided byt the # of years expecting to keep DVC. That was our annual base then add annual dues (don't forget to facot in inflation). That $$ made sense to us. We go down once or twice a year. We spend anywhere between 1200-2000 a visit for hotel usually for moderate. So for us it just made sense. Good Luck :thumbsup2

Cruelladeville
01-06-2007, 12:57 AM
You also have to take into account that at any time you can sell your DVC, and recoup all your money, which you can't do when you are comparing to hotel rooms, which is money out the window. While we all want to keep our DVC for the long term, your circumstances may change, and it's nice to know that you can liquidate for instant cash, while money paid for regular hotel rooms is lost forever.

Disney Anna
01-06-2007, 01:33 AM
I appreciate all the responses. Economically there are many things to consider. For example, selling later and recouping some of the investment...factoring in the lost investment value of the initital buy in.

I've also thought of purchasing the DVC and sharing it with my sister. She doesn't have the means to buy a contract outright, but can afford the annual dues. I could buy the contract with her, me paying for the 150 point buy in initially and she covering the annual dues for a time.

I think the big hold out is my DH really doesn't see the need for it. Like I said, I love Disney, he can take it or leave it. I think if he was for the idea, it be a no brainer. At worst, it's probably an economic wash or perhaps a small loss, on the plus side, what you are buying is being part of the Disney family and guaranteeing that you will always be staying in nice accommodations.

I do think the DVC is making more sense as it's been near impossible to use codes anymore to get good deals on rooms. And, I do think it really makes sense for those who need larger accommodations. I have no children, so it's almost always a solo trip or going with my husband or sister.

TenThousandVolts
01-06-2007, 07:26 AM
I like to do the per point math. My points cost me just under $6 per point. (Buy in price per point ($86)X number of points (160) + closing costs
($176) / Number of years (48) / number of points (160) + Mfs (currently $4.12) It is $5.94 per point

Now I just multiply the number of points per night needed by $6- to see what I am paying for the room per night. ie: a studio at SSR in value season is 11 points or $66. All this said- The savings was not my main motivation in buying DVC. I liked the idea of commiting to taking nice vacations with my family for years to come- Not that you can't do that without DVC- but I think you get what I mean. I like the idea that when DH and I are old and on fixed incomes we can still take our grandkids... It was more of an emotional decision than a financial one- and we condider it a luxury item- not an investment.

tjkraz
01-06-2007, 07:42 AM
I will presume I can take a 6 nite trip each year on 150 points.

I think that's your biggest mistake right there.

If you want to do as close to an apples-to-apples comparison as possible, you need to compare DVC Studio accommodations to standard Deluxe guests rooms. With 150 points, you could actually take a 6-night trip in May AND a 5-night tip in November each year. (I picked those months based upon the trip history in your signature.) Change seasons and/or exact dates (since that 6th night being a weekend will cost a premium price) and your points will go even further.

If you'd rather use your points for a One Bedroom, that's fine. But you need to include in your analysis the fact that you're getting a much better room (jacuzzi tub, full kitchen, washer/dryer, two TVs, twice as much living space) as a standard deluxe room.

CarolA
01-06-2007, 07:56 AM
I am single and bought DVC.

I did hte math. Economically I would probably have been better off investing the funds in a Mutual fund etc.

However, I consider this an investment in me and that's hard to put a value on. I have no regrets.

kathy carleton
01-06-2007, 11:04 AM
I was in your shoes and "piddled around with it" for the last 7 years!! For the last 7 years we have gone to wdw at least 2 times per year!

If we had bought in, the 1st time we talked about it, would have had it all paid for by now (it would have more than paid for itself- in many ways- do not forget all the discounts that come with DVC- the annual pass discount for us is 1/2 of our dues at SSR..)...

Just finished a 160 point resale contract at SSR (with plans to buy into AKV in one year). SSR is my least favorite of the DVC but, the extra 12 years, as well as the promotion are not to be beat. I highly doubt that we will be able to pay less than the $86 per point at any time in the future. Thus, for us, now was a good time. No, SSR is not our favorite, but frankly ALL of the DVC resorts are fabulous, and I feel sure that we will be able to stay and enjoy at whichever has availability.

We did go the resale route, after much deliberation, for 2 reasons: hard to beat banked points with the deal we got, and to get the right use year that works well for us. DVC could get us a good use year, but not one loaded with points.

That being said, please do not do as we did! (fiddling around for 7 years and adding and adding it all up).. Seize the moment! I think now is a great time. I have yet to encounter anyone who regrets buying in- usually it is that they did not do it sooner!

Want to know what you end up doing:goodvibes

jimh13432
01-06-2007, 11:18 AM
don't forget to factor in the 11.5% Resort Tax you pay on Hotel stays @ WDW that you won't pay via DVC:banana: .

Starr W.
01-06-2007, 11:35 AM
I think it really depends on the room type(we go 2br for the 4 of us). To be honest my DH and I always laughed about trying to get the kids to adulthood without doing WDW.

DH hates me spending holidays in the kitchen cooking, so I said lets do WDW for Thanksgiving! Booked SSR through Expedia(wasn't bad including air, as I have spent more for a 2br in Northern MI). DH & I absolutely loved it and so did my silly boys(one has a mild type of autism). Did the DVC tour on Thanksgiving day, came home found this site which has been helpful, DH has a friend who's parents own DVC so got the referral and we're proud owners at SSR. We don't close until Jan 20, but have already booked a short trip in early May and have Thanksgiving 07 booked too.

Ran the numbers and it worked out well for us. DH is already talking about a small add on at VB!

Slakk
01-06-2007, 12:49 PM
I appreciate all the responses. Economically there are many things to consider. For example, selling later and recouping some of the investment...factoring in the lost investment value of the initital buy in.

I've also thought of purchasing the DVC and sharing it with my sister. She doesn't have the means to buy a contract outright, but can afford the annual dues. I could buy the contract with her, me paying for the 150 point buy in initially and she covering the annual dues for a time.

I think the big hold out is my DH really doesn't see the need for it. Like I said, I love Disney, he can take it or leave it. I think if he was for the idea, it be a no brainer. At worst, it's probably an economic wash or perhaps a small loss, on the plus side, what you are buying is being part of the Disney family and guaranteeing that you will always be staying in nice accommodations.

I do think the DVC is making more sense as it's been near impossible to use codes anymore to get good deals on rooms. And, I do think it really makes sense for those who need larger accommodations. I have no children, so it's almost always a solo trip or going with my husband or sister.

The one thing I have found since owning DVC is the days of commando'ing WDW are over we really have slowed down and enjoyed our trips - we relax, we golf, we hit the SPA basically we just enjoy our second home.

Maybe he would enjoy the extra room - there is something about a full kitchen, a jacuzzi and a HUGE bathroon as well as washer and dryer AND a living room that just make you relax. Plus the added options of HH and VB - maybe that is something that would be a plus for him.

Maybe you should try to book a 1BR and see what he thinks?

Good luck with your decision.

lisaviolet
01-06-2007, 01:54 PM
Ummm....you seem to suggest you have "extra" money . Here is where I'm going to feel the burn...Is there a large purchase your husband has made/makes that you are "not into"? I'm just thinking outloud that if it is "extra" money that you have as a couple and he doesn't like WDW ....well maybe he is just happy to see you make a purchase you love. And see you enjoy DVC with your sister as well as him. I mean we all can't "love" the same things. Since money is not the issue. Life can be very short. I know....kind of rude...kind of personal. Of course if this situation was about money it's different and of course life and marriage is full of compromises. Forgive me!!!!!!!!

Your husband really doesn't like WDW? Maybe for sure he doesn't, no matter what, but has he had a "different" WDW experience?

I had a good laugh eavesdropping last vacation. Maybe your husband doesn't realize the best kept secret of WDW. It is one of the best places to do nothing. Shhh. Don't tell all the park commandos.

I was near two men at the BCV. Lovely day....mid afternoon. Imagine most WDWers are running around for their fast passes in the glorious midday sun!!!!! Not me and not these two men. Their conversation:

"what are you up to?"
"Oh I think I might wander over there and check out that pool bar"...."you?"
"I think I'll go take a nap" "Yeah a nap" "yep"


That is actually how I vacation all the time. And a lot of DVCers in general vacation. And male DVCers, I think, top the list.


All the best,

Lisa

pb4ugo
01-06-2007, 02:58 PM
I am single and bought DVC.

I did hte math. Economically I would probably have been better off investing the funds in a Mutual fund etc.

However, I consider this an investment in me and that's hard to put a value on. I have no regrets.


oh, i so agree with carol a! dh has retired and i will do the same in 3 yrs - we wanted a way to prepay our retirement travel and the dvc price seemed right. the neices and nephews will inherit and can do whatever they want with the membership!

but this truly was an investment in us - we get a week out of a northeast winter [i have no doubt that it will get here this year yet!]. and this past fall we found out how much we enjoy hhi resort - so that probably means heading south for another week each fall.

and somewhere along the line dh and i will prob start to take separate girl/guy trips in addition to our two scheduled weeks away. we have reached a point in our lives where we could afford it, we wanted it, so we went for it.

whatever you decide - be sure you do what is good for you!

Caskbill
01-06-2007, 03:28 PM
I am single and bought DVC.

I did hte math. Economically I would probably have been better off investing the funds in a Mutual fund etc.

However, I consider this an investment in me and that's hard to put a value on. I have no regrets.

That really depends on when you bought. Remember that after 9/11 the market took a nosedive and didn't really recover until just last year.

If person 'A' bought DVC summer of 2001, and person 'B' left their money in the market, then today, person 'A' is way, way, way ahead.

dumbo71
01-06-2007, 07:25 PM
That really depends on when you bought. Remember that after 9/11 the market took a nosedive and didn't really recover until just last year.

If person 'A' bought DVC summer of 2001, and person 'B' left their money in the market, then today, person 'A' is way, way, way ahead.

Good scenarios Caskbill and one likely many wouldn't have thought of.

I'm sure you'd agree DVC is NOT an investment but this is good.:thumbsup2

Granny
01-06-2007, 08:19 PM
I think the big hold out is my DH really doesn't see the need for it. Like I said, I love Disney, he can take it or leave it.
Not sure why your DH doesn't like Disney as much? Is it that he doesn't like the parks? There are a lot of other things to do at WDW, and possibly the enhanced accommodations will allow your DH to enjoy it even more. And don't forget that Vero Beach and Hilton Head are part of the DVC resorts too if you want a change of pace from WDW visits.

FWIW, we didn't buy DVC to save money...we stay in a 2BR villa with just the four of us. What DVC does is allow me to afford to stay in those kind of accommodations that I could never afford if paying cash every year. When it becomes just DW and I, we'll reserve the 1BR and have even longer stays or more often.

I do think the DVC is making more sense as it's been near impossible to use codes anymore to get good deals on rooms. I think you've identified the trap that many people who eschew DVC have fallen into. We hear often about the great rates and codes and why would anyone lock into DVC when there are such great deals out there. Things change and great codes may not be around for all the future trips you want to make. Not to mention, I think it's a hassle looking for codes and wondering if I really got the best deal on a room.

Good luck with your decision. :)

Granny
01-06-2007, 08:25 PM
Especially since I have been able to go on trips where I split the cost with a relative or have received a good deal by buying an Annual Pass. You can toss and additional $100 per AP savings into your math...that's the discount DVC members currently receive on AP's. Of course, it's not guaranteed to last so probably best not to count on it.

drakethib
01-06-2007, 09:27 PM
If you try to do the math you will drive yourself nuts.

DVC is not an investment, it is an expense.

More then likely you will spend more money because you will find that you now are taking more trips.

The mouse now gets a lot more of my money because of DVC but it makes us happy.

I wont see the money I kicked out for DVC ever again. It is gone.

jcodespoti
01-06-2007, 09:31 PM
DVC does not make economic sense...but then does any vacation?


Joe in CT

Eventer98
01-06-2007, 09:47 PM
Geez..just when I think I posted all my questions on another thread I came up with another! Sorry!!
Can I change the size of the room I use my points on from year to year? We have no kids now so we would probably stay in a studio to start out but someday that could change! ;)
Thanks!!

Disney Anna
01-06-2007, 10:17 PM
Couple of replies...

1) Have no idea why DH isn't into Disney. He just doesn't get it. He likes it, dont get me wrong. He has a SoCal annual pass to Disneyland and he went with me in 1999 to WDW and had a good time. He just doesn't get the wanting to go back and back and back. Believe me, I don't get it. I just think it's the greatest place to vacay, even if you're not into Disney. It's just a beautiful area with so much to do for every kind of taste.

I think he would enjoy SSprings. I spent Thanksgiving there with my aunt and uncle who are DVCers. We stayed in a 1 BR in Congress Park with a view of DTD. It was beautiful. So relaxing.

2) He isn't extravagant. He has not bought any large purchases of his own. (Darn him).

3) I think it's right to not think of it as an investment. It's buying a luxury item. One I know I would enjoy (and I think he would too). Of course, I can buy it on my own, I would just feel better if he bought into it also.

4) I'm going to sleep on it for awhile and talk it over with him again. Maybe get him to sit in on a presentation at Disneyland.

Boston5602
01-06-2007, 10:24 PM
I am single and bought DVC.

I did hte math. Economically I would probably have been better off investing the funds in a Mutual fund etc.

However, I consider this an investment in me and that's hard to put a value on. I have no regrets.

EXACTLY ! ! !

Disney Anna
01-06-2007, 10:43 PM
One of my resolutions is to treat myself nicer. I seem to be able to splurge on others but have a hard time spending money on myself. Maybe this is a challenge.:rolleyes:

Granny
01-06-2007, 11:50 PM
Geez..just when I think I posted all my questions on another thread I came up with another! Sorry!!
Can I change the size of the room I use my points on from year to year? We have no kids now so we would probably stay in a studio to start out but someday that could change! ;)
Thanks!!

Usually it's better to start your own thread with questions, especially when they're unrelated to the original topic of a thread.

But since we're here, points can be used to reserve any size of villa as long as you have enough points. You are not buying a room, you're buying points that are used to reserve rooms. Think of it as an annual budget of points...you can splurge on larger villas for a shorter stay or a longer stay in a studio. Your choice.

jekjones1558
01-07-2007, 06:06 AM
One thing we did not anticipate was the fun of treating friends and relatives to WDW vacations. We have ended up adding on points because we have so enjoyed spending time there with people we love. I guess when you get into the senior years (59 and 73), you come to value that use of financial resources more than any other purchase. Once we quit staying in studios our vacations changed completely. DVC really became our other "home." Good luck with your decision.

greenban
01-07-2007, 06:21 AM
Disney Anna:

It is such a multifactorial decision, that the economics are often not clear.

To highlight what others have posted.

We go more often now, so we definately spend more than if we were paying for a 'Disney Vacation'. A 'Disney Vacation' would only happen every few years due to the costs. A DVC stay (for us) occurs at least 3 times per year!

We treat Family Members, (or get larger accomidations) so we are not 'maximizing value'. But we are 'maximizing enjoyment'.

Because of the extra time we spend at WDW, we research, and plan and study our options, we try many of the 'special' (and expensive) offerings found at The World.

It is definately an investment in 'us'. Our vacays are more frequent and definately more fun. Including 'intangibles like, "Welcome Home", owning a piece of Disney, sneaking 14 into a studio and reusing resort mugs. (Okay, Okay, I was kidding about the last two!).

For my family and many here at the DIS, DVC is the right choice, but never a black & white, no matter how we try to break it down.

I hope it is the right choice for you too, and that we will soon be saying, Welcome Home Neighboor!

-Tony

alldiz
01-07-2007, 07:00 AM
Bottom Line....

If you love disney and have the money....it's WORTH it;)
Kerri

jade1
01-07-2007, 09:00 AM
That really depends on when you bought. Remember that after 9/11 the market took a nosedive and didn't really recover until just last year.

If person 'A' bought DVC summer of 2001, and person 'B' left their money in the market, then today, person 'A' is way, way, way ahead.

Very true, thats when we bought VWL and BCV with cash (actually 1/2 down and 1 year of payments) and combined they are worth more today than the investment and dues paid in combined (after 10 plus wonderfull trips we would have taken anyway-except rarely Deluxe Resorts of course).:thumbsup2

byoung
01-07-2007, 10:47 AM
Got 19 nights in a studio with points left over last year. I have 200 points at BWV.

lisaviolet
01-07-2007, 11:53 AM
We treat Family Members, (or get larger accomidations) so we are not 'maximizing value'. But we are 'maximizing enjoyment'.


Isn't that the truth. It is so lovely to treat people. It's been one of the best parts of DVC for us. Watching a first timer watch "Wishes" or say "I'm staying in today ....I love my suite" (it was a OKW one bedroom) It's like a whole new WDW.

Disney Anna
01-11-2007, 01:00 PM
I am really coming to understand the treat value. For the first time in our marriage, DH and I are financially set. I think it would be great fun to treat friends and family to a DVC stay. My aunt and uncle just treated me to a trip at Saratoga Springs. I loved it; am very appreciative; and think it would be great kharma to do the same to others.:hippie:

rahrah
01-11-2007, 01:57 PM
There is an interesting discussion of the econimics in this thread (http://www.disboards.com/showthread.php?t=1303814):

The numbers I came up with tried to include opportunity costs and inflation. They assume that you by an annuity instead of buying the DVC. Then use the payout from the annuity and what you would have paid in maintence costs to finance your hotel stay.

If you like the stock market, then each and every point that you earn over the life of your DVC membership would be costing you just under $10. If you are more conservitive and use a simple guaranteed rate annuity, they cost about $7.

You can then use this number to determine what each stay is "costing" you, and compare that to the cost of where you would have stayed. For example, staying in a studio for 7 days at SSR for the first week in December would "cost" about $950. Staying in a 1 bedroom for the same week is $1,820.

solgent
01-12-2007, 07:06 PM
One of my resolutions is to treat myself nicer. I seem to be able to splurge on others but have a hard time spending money on myself.


This remark resonated with me. We bought DVC as a birthday present for me for a special birthday and a reward for a big promotion. We all love it there. It makes me happy not just when we are there but every day of the year, because I know we'll be going.

lisaviolet
01-12-2007, 09:18 PM
2) He isn't extravagant. He has not bought any large purchases of his own. (Darn him).

Oh, DisneyAnna, I had a big smile. So funny. I really was banking on the power of one big purchase!!!! Darn him! Thanks for not being offended by my personal and forward comments earlier.

I still am crossing my fingers that if money if not the issue that you can just go for it. Since you seem 100% clear that this is what you want. Tell your husband that I said that I have relaxing and lazy days at WDW down to a science. If the run, run, run is any part of the issue Ie. if it's how he perceives WDW. I bet renting some points and going down might help him see another viewpoint.

Plus, like others said there is VB and HHI and I'm sure many more in the future. Club Intrawest has a direct trade with us as well. And of course trading out in general.

Best of luck either way,

Lisa

Disney Anna
01-13-2007, 01:02 AM
Oh no, I haven't been offended by any of the comments made. I appreciate all of them. I love this board. It's a great help, great fun and sometimes a great place to vent.

On to the venting...it can just be so frustrating. As I said, we are doing great financially. And both of us are great savers, investors and are quite conservative with our spending. I just tend to let myself go a bit more now and then in the spending department. I think it goes back to how we were raised as kids. DH's parents had tons more money than mine, but I grew up with lots more Christmas gifts, we drove better cars, we had a pool, etc. We just had more things - while at the same time, we were still financially very stable, even a bit well off. DH's parents were very frugal.

I think that has carried over.I am very practical. Would never consider buying into DVC if I couldn't pay it off in one payment and couldn't afford the annual dues. So I'm not being some crazy spender.

I could go off and just buy it...but I really don't want to do that unless we're both into it. It's not like I'm Disney or vacation deprived. I go to Dland about once a month and WDW about once a year, sometimes more.

Anyhoo, we'll see what happens. No worries.

blizzard
01-13-2007, 09:23 AM
Hi,

I had a thought this morning that may or may not apply in your situation, but it sure made me happy.

We are financially ok, but not wealthy. I purchased DVC almost 10 years ago and it is almost paid off. (if I were doing it again I would finance differently, but the rate of the Cdn dollar at the time had a lot to do with why we went through Disney)

Anyway, you mentioned that you had no kids. When I bought, I also had no kids. At the moment, I have a 2 year old and a new child to be born in May. Now that DVC is paid off, we have another 35 years of Disney trips for only the cost of maintenance to pay. I'm sure looking forward to spending those vacations with my kids at Disney for that price!

(Not sure if you have kids in your plans or not - I didn't 10 years ago - but I'm glad I bought in when I did, and it works out perfectly for us)

Disney Anna
01-13-2007, 02:47 PM
Holey moley, no I don't have any kids nor do I plan to have any. I'm 42, going on 43 this year - didn't have the inclination before and I really don't now at this age. I do have a neice and a nephew tho who are 13 and 12 years old. They are both Disney fans, especially my neice. My sister and I are already planning her Disney wedding. :rotfl2: :laughing:

greenban
01-13-2007, 03:48 PM
Holey moley, no I don't have any kids nor do I plan to have any. I'm 42, going on 43 this year - didn't have the inclination before and I really don't now at this age. I do have a neice and a nephew tho who are 13 and 12 years old. They are both Disney fans, especially my neice. My sister and I are already planning her Disney wedding. :rotfl2: :laughing:

Never, EVER, say never!!! :rotfl:

Disney Anna
01-13-2007, 06:13 PM
Oh yes, to parenthood, I am saying never.

I'm perfectly happy being the godmother and aunt to other people's children. And the mama to my four fur babies (one doggie, 3 kitties). :woohoo:

magicmama
01-13-2007, 09:11 PM
I didn't buy into DVC as an investment. I did the numbers in many different ways as previously suggested by others on this board to 'justify' to myself the possiblity of purchasing DVC.

Then I thought about DVC as a very nice 'travel car' that will take me to 'the magic' for 40+ years. There is always the 'gas & maintenance ' that goes along with the upkeep of a nice car. (yearly dues) And after 40+ years (when I'm 90!!) Disney gets my car back. And I have many years of memories. Now I feel great about my pricey 'travel car'. It takes me places I would never have gone before. Maybe not the best analogy but it makes simplistic sense to me!!! :confused3

Hopefully, your DH will go 'along for the ride' and discover the magic in places he had not traveled before. (You notice different things when in the 'travel car' than when flying or staying off-site) There's a lot to do besides the parks if you stay DVC. :thumbsup2

rsinj
01-14-2007, 01:20 AM
.

LisaS
01-14-2007, 10:56 AM
Lastly, when going on vacation, you don't have to do lots of planning and searching for the best deals at Disney hotels - you just call (it will eventually get to the point of online reservations), tell them when you want to go and that's basically the end of it. No hassles at all.This is one of the reasons we bought in. Prior to becoming DVC owners, we would choose our vacation dates and then wait and wait and wait (and hope!) for Disney to announce AP rates. Now I can book our trips 11 months in advance. I love it! Except now I wait and wait and wait for Southwest to extend their schedule for my travel dates! :rotfl:

blizzard
01-14-2007, 11:19 AM
Holey moley, no I don't have any kids nor do I plan to have any. I'm 42, going on 43 this year - didn't have the inclination before and I really don't now at this age. I do have a neice and a nephew tho who are 13 and 12 years old. They are both Disney fans, especially my neice. My sister and I are already planning her Disney wedding. :rotfl2: :laughing:

Well, you never know. I'm not that much younger than you (37), and this baby was not planned. DH has 2 other children, so we were happy with one. Sometimes things just happen. (We are very happy about the baby though - sometimes life is like that - we are definitely done this time though!)

Other kids (neices and nephews) are also good reasons to buy DVC. Disney is always different when you get to see it through the eyes of a child. If you are close, there are always grand-neices and and nephews too!

Disney Anna
01-15-2007, 12:05 AM
Now if I get pregnant I'm going to blame these boards. :rotfl:

My mom was 37 when she had me and 40 with my sister, so believe me, I know it can still happen. :eek:

If it did happen, we would definitely buy in to DVC. :scratchin :idea: Mmm, maybe that's a plan?

Just kidding. :joker: :

3DisneyKids
01-15-2007, 10:17 AM
I agree with having him take the tour while at DL. That could definitely make the difference for your DH. Does he golf? If so, then Hello SSR!

Disney Anna
01-17-2007, 03:58 PM
Sadly, no, he does not golf. That would have been a nice hook.

I will definitely get him to tour the place the next time I go.

sgtpet
01-19-2007, 10:23 AM
I agree with Dean's comments.

PattiPB
01-19-2007, 11:10 AM
Assuming it doesn't change...touring and buying at DL includes the incentive of 2 APs at either WDW or DL. That perk is worth $700.

bongo59
01-20-2007, 12:04 AM
rinkwide sees the problem as do I..................its not about money its about what the two of you value in a vacation..................If the DH is not into it what is the point? I can not imagine going on a vacation that my wife would dislike recurrently over 40 or so yrs...........................If he goes on vacation with you, and you want him with you,(assumption)
i think you have to consider him too.............if these points are for you and your sister than go ahead...............to me it seems that these points may be in divorce court someday....................if he is not into WDW or DL it makes no sense to buy a contract that renews points every yr............just go when you want every so often............if money is no object who cares about the savings? Go join exclusiveresorts.com and come to WDW every few yrs.