Disney Information Station Logo

Go Back   The DIS Discussion Forums - DISboards.com > Global Neighbours > UK DVC Discussion
Find Hotel Specials & DIScounts
 
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 02-13-2008, 06:44 AM   #1
Winkster
Earning My Ears
 
Winkster's Avatar
 
Join Date: Aug 2007
Location: Oxfordshire, UK
Posts: 57

Help - I'm DVC ignorant!

Can anyone help me with a few snippets of info about the DVC.

As a Brit, I'd always thought that the DVC was only really a good bet for Americans as we'd have all of the travel costs, flights, car hire, theme park tickets etc to pay on top of that.

Having said that, we've been to WDW for the last 4 years staying for between 14 and 17 nights and are now planning a 5th visit in May next year (although force of habbit may drag us back in October this year!).

I'm therefore wondering whether the DVC would save us much money.

Assuming we stay at OKW in May for 14 nights every year, I have calculated that we would need 196 points per year. According to the wdwinfo website, the cost is $101 per point giving a total cost of $19,796 - approx £10,400 assuming an exchange rate of $1.9 to £1.

Am I reading it right?

If so, does this buy me the option (if I chose to) to stay at OKW for a set period (the website mentions 45 years but I'm not sure if this is just an example). Also, what's this 15 year extension all about at OKW?

Sorry to be thick, I've read it several times but am not sure if I understand it even now!

How does everyone find the DVC in terms of extra costs for flights, car hire etc too? Is it worth it?

Thanks for reading - and sorry for rambling on.

Confused of Banbury!
__________________
Time to be movin' along
Winkster is offline   Reply With Quote
Old 02-13-2008, 07:18 AM   #2
crux
Mouseketeer
 
crux's Avatar
 
Join Date: May 2002
Location: Huddersfield, UK
Posts: 209

You can get most of the info from the FAQ sticky, but here's a rough guide to the questions you asked.

You buy the points and they're yours to use every year untill the end of the contract - which I believe is 2042 for OKW, the same as our points at VWL and BCV. At the end of the contract the points belong to DVC, the 'extra 15 years' for OKW is to bring it into line with the new contracts being offered at SSR and AKLV. As far as I know DVC are charging $15 per point to extend the contract by 15 years.

Once you've bought the points they are yours to use as you want - you do pay an annual maintenance fee ('dues') which are currently just over $4 per point per year. We've got 222 points split over 2 contracts, which cost us about £10,000 and we've been paying between £500 and £550 per year for the annual dues.

In general if you go to WDW every year, or two, and stay on-site in moderate or delux accomodation then it's probably worth looking into buying into DVC. We bought the points in 2001 and wish we'd bought earlier. It does work out cheaper if you go every year or two, but we've found that we don't actually save much money as we spend more on upgraded flights. One of the best perks of DVC at the moment is the $100 off the cost of an annual pass - we go to WDW in October one year then September the next, this mean that one annual pass covers 2 trips.

Ian
__________________
Off Site 1992, 1994
Port Orleans 1995
Polynesian 1997
Dixie Landings 1999 2001 2005
DL 2000
VWL 2002 2004 2005 2007 2008 2010 2011
BCV 2003 2006 2009


Next Trip: August 23rd - Riverside and Beach Club Villas for 3 weeks and a vow renewal
crux is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 02-13-2008, 02:08 PM   #3
mark&sue
I keep trying to convert everybody, but they just don't want to be converted
I can only get a tag if its near the weekend. a monday, tuesday and some wednesdays are definately no tag days
 
mark&sue's Avatar
 
Join Date: Nov 2004
Location: London,England
Posts: 5,510

The general rule of thumb if you stay on site in a deluxe it is well worth it.

We stayed for two weeks at the grand floridian and realised that DVC would be better value.

If you have young children and plan to keep going during school holidays for a while could also be expensive otherwise if you plan to go every year on site in a moderate or deluxe it is well worth considering

just my view others may have a different one


susan
__________________
Oct 1992: off site - April 1998: Dixie Landings - Oct 1999: DL California - Oct 2000: Grosvenor Resort - Oct 2001: POFQ - Dec 2001:Disneyland Hotel - Oct 2003: Davy Crockets Cabins - Oct 2004: Grand Floridian -May 2005: SSR (DVC) & HRH - Oct 2005: New York Hotel - Oct 2006: SSR and BCV (DVC) - Aug 2007: SSR (DVC) and 1st Disney Cruise - July 2008: Sequoia Lodge - July 2010: Treehouse Villas - Sequoia Lodge: Oct 2010 - April 2011 Treehouse Villas/Portofino Bay
2012/13: Several trips to our Dream holiday Home in Spain
mark&sue is offline   Reply With Quote
Old 02-13-2008, 03:43 PM   #4
skelfbsfb
DIS Veteran
 
skelfbsfb's Avatar
 
Join Date: Oct 2007
Location: Scotland
Posts: 1,426

If you buy from disney you may get a discount on the actual price, if like I buying into OKW you will also get the extention in the extra years.
__________________
DVC Member 2007 OKW
DVC Member 2010 BWV

2003:Quality Inn Plaza 2004:Howard Johnston 2005:Sheraton 2006:Port Orleans Riverside 2007:Animal Kingdom Lodge 2008:BWV & OKW 2009:BWV & Vero Beach, RPH 2010:VILLA & HRH & BWV 2011:BWV & Vero Beach & HRH 2012:Vero Beach & OKW & BWV & HRH 2013:OKW & HRH & BWV 2014:OKW & BWV Mortgage free 2015:
skelfbsfb is offline   Reply With Quote
Old 02-13-2008, 04:15 PM   #5
paulh
likes to have a beer
Guiness?
 
paulh's Avatar
 
Join Date: Oct 1999
Location: manchester england
Posts: 5,524

like outhers have said, it depends on if you want to go every year or outher year.weve been going every year since 92, first ofsite then on
we started at the values then the mods
Then we looked at deluxe and saw it was way to expencive thats when we turned to dvc
we thought there was a hidden catch. but found there wasnt.
When we signed up it was £7000 (1999)for out 200 points,we worked out it would take us 6, 2 week visits to reclaim the cost
We have done that and more now we have covered our costs(room) so no it works out £500 for a 2 week stay in a deluxe each year
This year were doing 21 nights some on cash a pop(still enjoy every disney hotel) then SSR and BCV.
plus with our points have done 7 night cruise+took family with us to stay
if we hadent signed up dont think we would still be going
any regrets about buying, yes we should have done it sooner
Paulh
__________________
been going since 1992 sayed offtite a few years then at ASMovies,ASmusic,ASsports,Pop,Caribiean beach.coranardo springs,port orleans,beach club,wildernes lodge,AK lodge,Vero beah,Hilton head island,Disneyland hotel ca,paradice pier ca and fav saratoga springs resort all in no particular order and how can i forget the disney 7 night cruise




"Fire. The Greatest Invention of Mankind. Beer. A Close Second."
paulh is offline   Reply With Quote
Old 02-13-2008, 04:56 PM   #6
lesley.a.murray@talk
Mouseketeer
 
lesley.a.murray@talk's Avatar
 
Join Date: Aug 2007
Location: North Lanarkshire, Scotland,UK
Posts: 292

There are 2 ways of buying. Direct from Disney or through a resale company.

Where OKW is concerned, I think that if you buy direct from Disney, you will now get a 50 year contract. I believe the cost pp for OKW is $96 direct from Disney. Although maybe that is still for a 2042 contract. I did read a rumour that the price was to increase by $10 pp to cover the extended 15 years. I 've a feeling that March 1st was mentioned in that thread. I'll see if I can find it.

I'm not sure that the incentives that Disney offer ( discount and Developer Points) apply to any purchase other than at SSR or AKV. I've read that you have to be firm with Disney that you want to buy in to somewhere that they are not currently offering. It can be done though!

If you buy resale, the contract will still expire 2042, but cost you less. Mid $70's. I think either way, you have "closing costs" to pay.

Look at the pros and cons of buying resale. Buying direct is quicker, a bit more expensive but many like the reassurance of dealing direct with Disney.

We bought resale through a broker (all done from Scotland by phone, fax and email). We paid less per point and got the previous years points("banked points) because the owners hadn't used them. All in took about 7 weeks. Painless....apart from withdrawing the cash to send

Please ask away! Loads of questions spring to mind and this is the best place to get answers.

Lesley
__________________
lesley.a.murray@talk is offline   Reply With Quote
Old 02-13-2008, 04:57 PM   #7
lesley.a.murray@talk
Mouseketeer
 
lesley.a.murray@talk's Avatar
 
Join Date: Aug 2007
Location: North Lanarkshire, Scotland,UK
Posts: 292

http://dvcnews.com/index.php?option=...227&Itemid=173

See if that link shows you the pricing just now.
__________________
lesley.a.murray@talk is offline   Reply With Quote
Old 02-14-2008, 02:45 AM   #8
Boss Hogg
It's 5 o'clock somewhere
Tinky Winky isn't it?!
"How do you fancy it?"
 
Boss Hogg's Avatar
 
Join Date: Aug 2004
Location: Where else? Wastin' away again in Margaritaville!!
Posts: 2,528

The other thing to say is that you can stay at any DVC resort with your points, not just your "home" resort. Obvious to any owner, but just thought I'd check you realised.

The only issue around staying at other resorts is that you cannot book as early. You can book your home resort 11 months in advance, but that 11 months is reduced to 7 months for other resorts.
__________________
Boss Hogg is offline   Reply With Quote
Old 02-14-2008, 03:37 AM   #9
skelfbsfb
DIS Veteran
 
skelfbsfb's Avatar
 
Join Date: Oct 2007
Location: Scotland
Posts: 1,426

I bought straight from Disney in December 2007 and was given a discount of $10 a point, I also insisted that I wanted to buy into OKW, which they allowed and I also got the extended years. If you want to get into DVC cheaper then as stated above you can buy from other companies. Whatever way you go best of luck.
__________________
DVC Member 2007 OKW
DVC Member 2010 BWV

2003:Quality Inn Plaza 2004:Howard Johnston 2005:Sheraton 2006:Port Orleans Riverside 2007:Animal Kingdom Lodge 2008:BWV & OKW 2009:BWV & Vero Beach, RPH 2010:VILLA & HRH & BWV 2011:BWV & Vero Beach & HRH 2012:Vero Beach & OKW & BWV & HRH 2013:OKW & HRH & BWV 2014:OKW & BWV Mortgage free 2015:
skelfbsfb is offline   Reply With Quote
Old 02-14-2008, 04:57 AM   #10
Callum
Mouseketeer
 
Callum's Avatar
 
Join Date: Jul 2007
Location: Clyde Valley, Scotland
Posts: 184

I go along with all that has been said already. Just wish we had bought into DVC sooner. It is the one timeshare offer we found with no strings attached

Don't be put off by the thought of flights, tickets etc for "us Brits" - if we want our fix in Disney, it goes with the territory I think Ian (crux) has it right, spend what you save on upgraded flights. Brilliant
Callum is offline   Reply With Quote
Old 02-14-2008, 06:14 AM   #11
lesley.a.murray@talk
Mouseketeer
 
lesley.a.murray@talk's Avatar
 
Join Date: Aug 2007
Location: North Lanarkshire, Scotland,UK
Posts: 292

Quote:
Originally Posted by Boss Hogg View Post
The other thing to say is that you can stay at any DVC resort with your points, not just your "home" resort. Obvious to any owner, but just thought I'd check you realised.

The only issue around staying at other resorts is that you cannot book as early. You can book your home resort 11 months in advance, but that 11 months is reduced to 7 months for other resorts.
Again, from what I've read on other threads, it seems quite important now to buy where you want to stay, as people are finding it more difficult to get reservations at resorts other than their home, at the 7 month mark.#
Just another consideration!
__________________

Last edited by lesley.a.murray@talk; 02-14-2008 at 06:14 AM. Reason: spelling mistake!
lesley.a.murray@talk is offline   Reply With Quote
Old 02-14-2008, 06:31 AM   #12
Winkster
Earning My Ears
 
Winkster's Avatar
 
Join Date: Aug 2007
Location: Oxfordshire, UK
Posts: 57

That's all really useful stuff - thanks to everyone who posted.

I've read all the blurb on the official sites but it's always better getting first hand experiences from those that have been there.

Don't spose anyone has any suggestions on how to convince my partner that £10k is a good investment?

I think we'll wait til we're next at WDW and then find someone there to talk to. Could be a very expensive holiday!!!!

Thanks again!
__________________
Time to be movin' along
Winkster is offline   Reply With Quote
Old 02-14-2008, 10:10 AM   #13
Halo
Sic transit gloria mundi
 
Halo's Avatar
 
Join Date: Aug 2004
Location: London - Host City of the 2012 best ever Olympics & Paralympics :)
Posts: 320

Quote:
Originally Posted by Winkster View Post
Don't spose anyone has any suggestions on how to convince my partner that £10k is a good investment?
Try showing them this thread.

__________________
The Saintly Hal
1993 May - Orlando & Key West........2000 Nov - Dixie Landings & Disney Wonder.........2002/3 Xmas & NY Marriott Cypress Harbour & Hyatt Regency Grand Cypress..............2006 Easter: Our first trip "Home" to OKW ..........2007 July/August Washington DC - BWV, OKW, PBH & Marriott Cypress Harbour.........2008 Easter: NYC, Marriott Cypress Harbour and PBH.........2008 October: DL and Vegas..............2009 Easter: WDW - I thought the weather was bad at Easter.....2009 May:.....until I went in May ..........2010 Easter: BLT and RCCL Independence of the Seas TA home.........2010 June: DL & NYC....2011 Easter: NYC & WDW.......2011 May: Disney Magic 11-nights in the Med...2011 Aug: Disney Magic 7-nights in the Med....2012 Easter...AKL & HRH.......2013 Easter: Disney Fantasy 7-nights in W. Caribbean & BCV.....2014 Easter: BOS & AMI & WDW, Marriott Grande Vista...2014 July: Disney Magic 12-nights in the Med

DLP so often I've lost count: Newport Bay, Hotel Cheyenne, Davy Crockett, Paris - and by far the best, Marriott d'Ile-de-France.
Owner at DVC OKW, BLT, Marriott Cypress Harbour, Marriott Harbour Lakes & Marriott Marbella Beach.


Halo is offline   Reply With Quote
Old 02-14-2008, 04:41 PM   #14
paulh
likes to have a beer
Guiness?
 
paulh's Avatar
 
Join Date: Oct 1999
Location: manchester england
Posts: 5,524

Quote:
Originally Posted by Winkster View Post
That's all really useful stuff - thanks to everyone who posted.

I've read all the blurb on the official sites but it's always better getting first hand experiences from those that have been there.

Don't spose anyone has any suggestions on how to convince my partner that £10k is a good investment?

I think we'll wait til we're next at WDW and then find someone there to talk to. Could be a very expensive holiday!!!!

Thanks again!
If you do plan on going a lot price rooms you would use take that cost out.then your left with flight which you would have to pay for where you would stay.£10,000 for room would last how long?
AK you can spend £250 a night 14 nights= £3,500, so if you stayed there every year it would take you 3 years to cover your outlay, 4-5 years if dues taken into account
Your asking the converted to ask if its a good deal,heck when we signed up i begged them not to show the presentation just give me the papers to sign
i have satyed at all the dvc resorts and for places being booked up we have found that it teands to be beach club and hilton headand all resorts at major holidays
Paulh
__________________
been going since 1992 sayed offtite a few years then at ASMovies,ASmusic,ASsports,Pop,Caribiean beach.coranardo springs,port orleans,beach club,wildernes lodge,AK lodge,Vero beah,Hilton head island,Disneyland hotel ca,paradice pier ca and fav saratoga springs resort all in no particular order and how can i forget the disney 7 night cruise




"Fire. The Greatest Invention of Mankind. Beer. A Close Second."
paulh is offline   Reply With Quote
Old 02-15-2008, 02:36 AM   #15
juliebrooks35
Mouseketeer
 
juliebrooks35's Avatar
 
Join Date: Aug 2007
Location: Glasgow,Scotland
Posts: 247

Quote:
think we'll wait til we're next at WDW and then find someone there to talk to. Could be a very expensive holiday!!!!
I'm not sure if I could have convinced my hubby DVC was a good idea from Scotland but he was really keen to sign when we were in WDW after seeing the AKV model rooms. The fact that he was able to ask every question he could think of (honestly we were in there for hours!) helped as he was convinced it fitted us and had no hidden catches. The excellent exchange rate was also a bonus. Good luck

We've no regrets and both wish we'd done it years ago.
__________________
juliebrooks35 is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

facebooktwitterpinterestgoogle plusyoutubeDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 12:26 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.