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dmwang9
10-05-2009, 12:57 AM
I just took my next step towards full-blown Disney addiction -- I've decided to buy into DVC. I'm looking at a 150-point contract at BWV via resale. I've run the numbers till I'm blue in the spreadsheets, and the breakeven point for me is somewhere around 8 - 10 years in the future, which I can more than live with. I happen to have the money available, and I like the idea of "prepaying" for my vacations for the foreseeable future. Moreover, as my father put to me earlier this weekend, "You're so obsessed with Disney that buying into DVC is going to make you incredibly happy. Go for it."

As someone who is in his early 40's and terminally single, this is the longest-term relationship I've ever considered....

I'm sure that there are DVC members on this board. Any thoughts?

jlewisinsyr
10-05-2009, 06:13 AM
We're DVC members here. From a cost benefit perspective, if you're staying on property and won't or don't want to stay off-site it works very well.

But remember, you pay a premium to stay on site, even if most of the resorts are not from a service/quality perspective a true 5 star resort (even Grand Floridian isn't). There are not many places in the world that the resorts Disney offers could justify their mark-up in price compared to off-site resorts.

We ran the numbers just like you though and it really made a lot of sense for us to buy in based on the resort levels we like to stay at, when we like to go and that we wanted larger accomodations to be able to bring more friends and family with us.

Saxton
10-05-2009, 07:29 AM
I may not be the most objective person but I'll tell anyone it's the best decision I've ever made. I have 3 contracts - 2 (OKW & BWV) that I purchased via resale and 1 (AKV)that I purchased direct from Disney. I analyzed the numbers for a long time before I moved forward and it made sense for me. I've been able to take family & friends and everyone has raved about it. My father has been ill for a while now so I haven't been able to go as often but the flexibility in that situation is great - in March I found out that I could get a break from taking care of my parents and booked a last minute trip. WDW was booked solid so the rep. asked if I ever thought about going to DL and within a matter of minutes the entire trip was booked!

jackskellingtonsgirl
10-05-2009, 08:43 AM
We own 210 points at AKV. :)

We figured since we were staying at AKL anyway, and paying about $3000 per year in hotel fees, we might as well buy DVC.

soulmates
10-05-2009, 08:45 AM
I just took my next step towards full-blown Disney addiction -- I've decided to buy into DVC. I'm looking at a 150-point contract at BWV via resale. I've run the numbers till I'm blue in the spreadsheets, and the breakeven point for me is somewhere around 8 - 10 years in the future, which I can more than live with. I happen to have the money available, and I like the idea of "prepaying" for my vacations for the foreseeable future. Moreover, as my father put to me earlier this weekend, "You're so obsessed with Disney that buying into DVC is going to make you incredibly happy. Go for it."

As someone who is in his early 40's and terminally single, this is the longest-term relationship I've ever considered....

I'm sure that there are DVC members on this board. Any thoughts?

This is something we REALLY want. Planning for our Committmen Ceremony next year, so putting it off for awhile. I'm very interested to hear how buying from RESALE works out for you. That to me, seems the way to go.

I'd like to hear your feedback when its' all said & done!!

Chris

DVC~OKW~96
10-05-2009, 09:48 AM
Welcome Home! We have been DVC owners since, well... 1996! LOL. Our home resort is OKW and it's still our favorite, but we do like almost all of WDW DVC resorts. ::yes::

You will really enjoy your DVC. We wish we'd bought more points now, looking back as I can't bring myself to pay today's point prices! :eek:

jenn&nelsonrego
10-05-2009, 09:52 AM
We bought in 2001. Our home resort is HH. We have already more than broken even on our purchase price and most of the dues!

hematite153
10-05-2009, 04:14 PM
We've been DVC members for 3 years and just bought a 2nd contract via resale too.

One warning...we've ended up staying in nicer accommodations than we would have without being DVC members. So, the savings take awhile longer to really stack up. But, I also REALLY LIKE getting to stay in the better accommodations.

PghLybrt
10-07-2009, 01:26 PM
We now have 3.......all at Bay lake with 440 points. :eek:
Once I started I could not stop!! LOL
However I have booked a trip in a 2 bedroom this year for the nephews and I have my dad booked for a week too! Next year is the grand Villa for all of my GF's family!!! ( Well lets cross our fingers I get it. I have the date marked on the calendar to call 1st thing!!!) :banana::banana::banana:

dan and scott
10-07-2009, 03:22 PM
We've been members since 98.
We have 525pts at the BW with another 200pts at BLT.
Now starting to really enjoy DVC because the BW contracts are paid off and a good chunk of BLT is paid off.
We've had some amazing vacations over the yrs. including the Grand Cal. at Disneyland, Disneyland Paris, 18 Disney Magic cruises including a Panama repo in 05 and a Trans-Atlantic in 07.
Most of the time our family and friends come with us.
We've stayed at OKW, Jambo AKV, Kidani AKV, Saratoga--Never again, BLT, and of course our beloved BWV.
We did splurge on 1 of our trips on a single story Grand Villa at BW which was awesome!!

Scott

Stinky_Pete
10-07-2009, 04:32 PM
I was a member beginning early 2000 with my partner. We split in 2005. My only regret from the split is that we sold our BWV contract. We could have alternated years and worked it out. Oh how I wish I was going "home" in December instead of to CBR (which I'm sure will be lovely).

It was great being able to bring friends and family. We even hosted a cocktail party one evening during the gay days week and invited people we met on the trip. That was fun! Wouldn't have been able to do that in a regular hotel room, but it worked in the 2 bdr. villa.

vascubaguy
10-07-2009, 05:59 PM
We are members and have bought a contract via resale, sold a contract, and added on thru DVC too. I too did the breakeven and it made sense to buy, but after a couple of years, I didn't really care about the cost analysis as much. We just go and enjoy it.

Now is definitely a great time to buy via resale if you have the funds to do it. I would really like to add on some BLT points, but I'm restraining myself at the moment.

DVC~OKW~96
10-07-2009, 06:15 PM
We even hosted a cocktail party one evening during the gay days week and invited people we met on the trip. That was fun! Wouldn't have been able to do that in a regular hotel room, but it worked in the 2 bdr. villa.

Hey now! There's an idea! Grand Villa, Gay Days, cocktail party... :teeth: Hmmmm...

TLSnell1981
10-07-2009, 07:27 PM
Hmmm...I never considered a break even point. :rolleyes1 Owning DVC gives me an excuse to visit.... at LEAST twice a year!! :goodvibes

dmwang9
10-07-2009, 09:08 PM
Yesterday I signed the contracts and mailed them off (along with the check for the deposit) to the reseller people, and they arrived safely today. I now head into ROFR and have set a countdown timer on my MacBook to let me know when the 30 days are up. I'm not too worried -- the price per point I'm paying is well within the range of what I've seen other BWV resales go for -- but still, it's a waiting period, and thus my over-anxious brain wants to get worked up about it.

dmwang9
10-07-2009, 10:36 PM
Hmmm...I never considered a break even point. :rolleyes1

Heh, I guess the math teacher in me couldn't resist doing the analysis -- but in the long run, this saving money really isn't the point here, now is it? ;)

Saxton
10-08-2009, 07:34 AM
Yesterday I signed the contracts and mailed them off (along with the check for the deposit) to the reseller people, and they arrived safely today. I now head into ROFR and have set a countdown timer on my MacBook to let me know when the 30 days are up. I'm not too worried -- the price per point I'm paying is well within the range of what I've seen other BWV resales go for -- but still, it's a waiting period, and thus my over-anxious brain wants to get worked up about it.

I remember waiting and worrying over my first contract - it took a long time and after it was over my sales rep. actually said she was beginning to worry too! But everything worked out and I'm sure it will for you too. Welcome home!!!!!

Boston5602
10-08-2009, 04:10 PM
Good Luck hope it goes through quickly.

I did try to figure out what the break even point would be for me but after the first year of using it I didnt care either.

As a single almost 40 something guy I own at BWV so I an stay at the resort , or close to it , at night and have a great time either with friends , family or myself.!

Good Luck

dmwang9
10-31-2009, 12:25 PM
I found out yesterday that I passed ROFR, so I'm headed to closing! There aren't enough emoticons to express how happy I am, so I'm going to go with :goodvibes and :cool1: and possibly :cloud9:.

hematite153
10-31-2009, 02:36 PM
Congratulations!

BoomNLeon
10-31-2009, 03:39 PM
Congrats! We bought into BLT - a great decision.

Hydani
11-01-2009, 08:56 AM
Ah, right now I'm only 17 so I can't exactly buy into the DVC yet :P Butttt, I'm really looking forward to it. My parents and grandparents both passed up the opportunity, but I won't. Unless the prices go a heck of a lot up. Good luck with your DVC :)

jharrowell
11-01-2009, 09:13 AM
I found out yesterday that I passed ROFR, so I'm headed to closing! There aren't enough emoticons to express how happy I am, so I'm going to go with :goodvibes and :cool1: and possibly :cloud9:.

Congrats!

I'm a DVC member with 330 at SSR and I don't regret joining for a second. Not sure where my break even point is but I just love being able to say I own a small bit of the Mouse. :)

Oh, and let me be one of the first to say...

Welcome Home!

padalyn
11-02-2009, 08:42 AM
Heh, I guess the math teacher in me couldn't resist doing the analysis -- but in the long run, this saving money really isn't the point here, now is it? ;)


I came late to this party - but I have to say that the numbers didn't seem to work for me either...but...now that I have used DVC for 8 years - I have covered ALL my initial purchase price for all 3 contracts.

When you figure out the cost of each room per night, then add in the money saved in discounts received (my annual pass saves me amost 100 per year), and all the valet parking costs - it adds up.

With 560 points, I go to WDW at least twice a year for a couple of weeks at a time - my last trip included conceirge level (I would not do this without points - the dollars don't make sense to me)

I have also done cruises (one to Alaska on Holland America), Aruba, Adventures By Disney, DLR a couple of times, and next June will do Paris. All on points.

I can honestly say that I don't think I would have taken those trips if I had to pay cash. DVC allows me to travel more extensively than I would have considered otherwise.

WELCOME HOME...and to the family!

franandaj
11-15-2009, 08:58 PM
You won't regret the decision, it was one of our best moves we have made. We bought in 2007, and I think my partner started looking into it when we came back from what I called our "10 days for 10 years" trip. We stayed in a 1 bedroom Concierge level room at AKL and then 6 nights at the Grand Floridian. That trip set us back almost $5,000 in accomodations alone, not to mention we did the Chef's Table at V&A's.

We bought through resale, 248 points at SSR because I love to get spa treatments on vacation. Earlier this year we had to reschedule several WDW vacations and ended up with 120 points that needed to be "used up" or we would lose them by Sept 2009. I picked a few nights during CA F&W to stay over after we were doing winemaker dinners.

The last night I realized that once the Villas opened in CA, we couldn't trade out into a regular hotel room, so the next day we were in the DVC sales office talking to our rep. Turns out we bought 165 points and we only live 20 minutes away! But this means that we can make F&W reservations at 11 months out.

I find myself planning how we'll use our points well in advance, and just love staying in top notch accomodations, especially the fact that they have kitchens and we can have some evenings "in" as well!

Congrats! and Welcome Home!:yay: