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Old 05-27-2008, 07:23 AM   #1
trudis
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To Buy or Not To Buy DVC?

Hi,
My husband & I live in Bristol with our 2 daughters who are now 16 & 13 and we are serious Orlando junkies, we've been staying @ WDW since they were 6 & 3 as often as we can afford!
We are now seriously considering buying into the DVC but obviously would like as much insight as possible so excuse me but this could be a longwinded post!
We prefer to stay for at least 12-14 nights(due to distance) plus 2 nights tagged on at one of the Universal resorts & usually aim for end May or in August, quite flexible about accommodation size & like the look of OKW & SSR as we have always stayed at POFQ.
Have noticed that people are not so keen on the options available to staying elsewhere to WDW which for us is very attractive as we are keen to see as much of the US as possible.... we do stay in New York quite often although for only 4-5 nights. Have been told we would be looking at around 270 points to stay elsewhere which seemed very good??
We were thinking of spending $40k-$80k on points to give us as much freedom as possible, are we mad??
Any advice would be most welcome!!
Thanks Trudi
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Old 05-27-2008, 09:24 AM   #2
Young Pooh
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Go for it.

If you are happy to spend that amount of money then you would be able to get enough points for a decent stay each year.

You can also bank and borrow points, so in effect could have 3 years worth of points to spend on one holiday

A lot of people don't feel using the points elsewhere is good value and would suggest you rent out the points and use the cash for the stay, but each to their own. We couldn't use our points on two occasions due to me being pregnant and then our DD being too young for WDW, so we used them for DLRP. OK, we used as many points for a short stay as we would have used for a longer stay at WDW but to us it was worth it.

I have never stayed at OKW but we stayed ar SSR last year and thought it was fine, although we do prefer our home resort of BCV for location.

Hope this helps.
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Old 05-27-2008, 03:10 PM   #3
Callum
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Hi Trudi

I'll just echo what Young Pooh said - GO FOR IT!

We have been visiting WDW since 1991 and only bought into DVC last year. We so wish we had done it sooner.

As there are only the 2 of us, we have minimum points but this still gives us 10 days or so at WDW each year. Our preferred itinerary is 7 days on site, 4 or 5 days on the Gulf Coast and another 3 back in the heart of things. You obviously know your own budget and requirements so that is certainly a positive first step.

We made our first trip in January this year and stayed at SSR and Vero Beach. Both great places. Our "home" resort is AKV but, because of our business, we can't really book 11 months in advance, so haven't been able to secure a reservation there. It doesn't bother us though, as there is plenty of choice elsewhere.

Hoping (really hoping) to go again in November. Our APs and DDE card are still valid so we won't have to budget for them.

Good Luck
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Old 05-28-2008, 02:30 AM   #4
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I've also responded to your post on the other thread urging caution about buying into DVC, but I think this current thread would make good reading for you http://disboards.com/showthread.php?t=1837445.

It's not someone in the same situation as you, but some of the advice given is definitely relevant to questions you ask about using points for anything other than DVC.
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Old 05-28-2008, 03:33 AM   #5
trudis
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Again thanks for all the advice!
I think it's a case of looking at everything from all angles. We are off to Spain this year & the accommodation alone has cost us £1700 then we have to look at airfares, car hire etc.
Was thinking that with DVC although we will have annual maintenance costs, our accommodation will still be paid for & we know we have a choice re size etc depending on who is coming along
Have to say that we are really keen and have noted about DLP, we've never gone as we felt it wasn't good value compared to WDW but with DVC feel it's a better option.
Also we were thinking long term that if we are lucky to have grandchildren in the future then we could all have some great holidays & memories to share on a regular basis.
Trudi
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Old 05-28-2008, 10:08 AM   #6
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Hi!

I just wanted to say that we purchased DVC points in January 2008 and it has definitely been a great experience for us. We looked at it as a way of pre-paying for our future WDW/Disney holidays and TBH we're expecting to have covered the outlay (against what we anticipated spending on conventional WDW holidays) within 5 years!

The DVC promos and fab recent exchange rate have both made this even more affordable than we expected - we have 530 points spread over 3 different resorts and find this amount is perfect for our needs as we like to stay in the one bedroom accommodation. We've stayed at 2 of the on-site DVC resorts and have another 2 booked for over the next year - as well as a stay at Disneyland Hotel in California this summer. We have some points left over so will soon be making a Disneyland Paris booking for next year - it's very easy and the DVC people are great to deal with...

Good luck with your decision...
Karen.
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Old 06-29-2008, 06:42 PM   #7
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Quote:
Originally Posted by trudis View Post
Hi,
My husband & I live in Bristol with our 2 daughters who are now 16 & 13 and we are serious Orlando junkies, we've been staying @ WDW since they were 6 & 3 as often as we can afford!
We are now seriously considering buying into the DVC but obviously would like as much insight as possible so excuse me but this could be a longwinded post!
We prefer to stay for at least 12-14 nights(due to distance) plus 2 nights tagged on at one of the Universal resorts & usually aim for end May or in August, quite flexible about accommodation size & like the look of OKW & SSR as we have always stayed at POFQ.
Have noticed that people are not so keen on the options available to staying elsewhere to WDW which for us is very attractive as we are keen to see as much of the US as possible.... we do stay in New York quite often although for only 4-5 nights. Have been told we would be looking at around 270 points to stay elsewhere which seemed very good??
We were thinking of spending $40k-$80k on points to give us as much freedom as possible, are we mad??
Any advice would be most welcome!!
Thanks Trudi

We recently bought into DVC at AKV and are very happy with our purchase. We hope to use it every year (or every other year).

This is what we considered before buying:

1. HOW often do we go away?During what period and what are our accommodation requirements?
2. What season does that fall into on the DVC points chart
3.What is our favourite location?(that changed 3 or 4 times during discussions)
4. Are we likely to rent out points we don't use?
5.Which resorts seem to have NO problems renting points?
6.What are the annual dues
7.Can we 'bank' points or use following year points for hols instead of buying more points?
8.If we don't need all points now, should we buy a smaller contract and 'add on'' later?
9.Would we be happy to stay in a Value or Moderate resort instead?costs comparison?
10.Flight costs going up and must be factored in.sometimes 'package' cheaper.
11.What are closing costs and is it cheaper to do re-sale OR buy direct through Disney.
12.Are we looking for most points at cheapest price OR LOCATION??

We did the DVC tour whilst there at Easter and had visited some of the villas, so had a good idea what we wanted before we bought.

We were also given 3 very good recommendations for re-sale co's plus website for florida justice dept where we could check validity of agents licence and whether or not any convictions or complaints made both past and present and pending.

We started off looking at BWV but points for the time of year we wanted was quite high and my DH doesn't like 'street entertainment' so scored that 1 off.

Then we looked at OKW-beautiful and peaceful but we have that where we stay so were looking for somewhere we could go downstairs for a drink or meal and have some company.

Finally we settled on Jambo House & were lucky enough to see a contract we could afford (just).
My DS is thrilled (mad into animals)

So lets hope your decision works out


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Old 07-01-2008, 03:51 AM   #8
trudis
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Thanks everyone for all your comments, they've all been really useful
We've decided we are going to go ahead & purchase although initially we've decided to buy less points & then add on later.
Still deciding whether to go with Disney or resale altho' DH not so keen on resale as worried about legalities etc. The advice about the Florida Justice website was very useful & this might go a long way to reassuring him!
We'd love to get SSR as our home resort if we can but to be honest we'd be happy with OKW or AKV as well
Will let you all know as soon as everything gone through
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