Monthly dues

[Kcags]

When buying a resale timeshare, do you lock in the monthly dues that the previous owner payed? Or do they constantly rise? I am wondering, in theory, if i bought an older contract, would the dues be less than if i bought a newer one? ThAnks

 

[erionm]

When buying a resale timeshare, do you lock in the monthly dues that the previous owner payed? Or do they constantly rise? I am wondering, in theory, if i bought an older contract, would the dues be less than if i bought a newer one? ThAnks

Annual Dues change every year.

 

[lions1995]

Everyone pays the same amount of maintence fees per point for a given resort (Aulani does have two different fees based on when the orginal contract was bought due to an "accounting" error). Below is the list I found of the fees, and the fee per points wil most likely increase every year.

Animal Kingdom Villas $5.6749
Aulani Hawaii (Pre July 27, 2011) $4.7716
Aulani Hawaii (Post July 27, 2011) $6.2529
Bay Lake Tower $4.4972
Beach Club Villas $5.6458
Boardwalk Villas $5.8409
Grand Californian $4.5752
Hilton Head $6.0213
Old Key West $5.3447
Saratoga Springs $4.8129
Vero Beach $7.4076
Wilderness Lodge $5.7931

 

[DizBub]

The only thing you lock-in from the previous owner is the end date of the contract.

 

[drusba]

Dues cover such things as your resort operating costs (e.g., all the employees at the resort, maintenance,utilities, insurance, many others), reserves for future capital projects (major repairs, roof replacements, others), and property taxes. They usually rise as the years progress because such costs rise as the years progress (e.g., employees do get raises and taxes go up). For the history of dues per point per resort go to the DVC Resource Center sticky on any main DVC thread page on this site, which is near the top of the listed threads. Both Vero Beach and Aulani have two classes of owners because certain owners purchased before a particular adverse event became known (underestimating needed dues at Aulani when it first went on sale and not building remainder of resort at VB and disposing of land) and, though I am not certain, I believe the lower dues paid by the earlier purchasers will not apply to a resale purchaser. Otherwise, each owner of a resort is annually charged the same per point in dues.

 

[wdrl]

If an owner of either Vero Beach or Aulani has a deed with subsidized dues, then that right of subsidized dues passes on the the next owner if that deed is sold or is given to another. Its quite rare for a Vero Beach or Aulani deed with subsidized dues to appear on the market, but it does happen.

Rumor has it that Disney Vacation Development steps in a exercises its Right of First Refusal whenever a deed with subsidized dues is being sold. Even if it overpays for the points, DVD can save a lot of money by no longer having to subsidize the dues. In Vero Beach's case, the difference between a subsidized deed ($5.80/point) and a regular deed ($7.41/point) is $1.61 per point. In Aulani's case, the difference between subsidized ($4.70/point) and regular ($6.25/point) is $1.55 per point.

 

[Deb & Bill]

Annual Dues change every year.

And by that, Michael means they go up every year. Had a year or two back in the 90's when they actually went down a few cents.