Is the current offer ($7 off per point when you purchase at least 50 points, plus $500 GC if you purchase 100) a good deal? I can't make sense of the math. And I can't find how much we paid per point. Where is that?
Assuming you paid cash, your per point cost is simply the total amount you paid (deposit + due at closing)...divided by the number of points you will receive each year.
If you financed, you would need to add the total finance charges for the life of the contract (regardless of whether you
intend to pay it off early) to get a simple estimation of actual initial cost. With that added, divide by points per year.
Ignore "free" points, because they are not free at all. They are simply the points you are buying this Use Year. Your DVC timeshare salesman may tell you they are free, but they certainly are NOT.
*****
Buying a timeshare is a big financial decision, involving not only the initial cost but also a 30-50 year financial committment for MF's.
If you have even the slightest question about whether you did the right thing, I would strongly urge you to
rescind.
If you choose to rescind (cancel), take a few deep breaths and consider your family's actual vacation patterns and needs. Then explore whether ANYbody's timeshare serves those needs. If timesharing seems to be right for your family, then determine as best you can which system would be the best for you. That may, or may not, be DVC.
Once you have settled on timesharing generally, and have identified a system that will fully meet your needs (or a combination of systems which will meet your needs), then go to school on that system and learn all you can about how the system actually works.
Once you understand all that, you will be in a position to make a sound decision about a) whether timesharing is good for your family, b) which system(s) serves your needs, c) whether a direct purchase from the developer or a resale purchase is better, etc, etc, etc.
Good luck!
