Unless things have changed, the guides have said sometimes the deals are better, sometimes not and they don't know what is offered on ships if you ask them. Best to check both out.
To the uninitiated please explain what DVC is and what benefits one might receive. Does it apply to cruises and land vacations. At home and abroad. Details or a link where one might read up. Thanks in advance.
http://disneyvacationclub.disney.go.com/
It is similar to a timeshare in many ways in that you "purchase" an interest in a resort (e.g. Aulani, Old Key West, Animal Kingdom Villas, etc.) What you are buying is actually just a yearly allotment of points that you can redeem for lodging. It is unlike a timeshare in that it expires 60 some-odd years after the particular resort you are buying interest in was opened for sale.
You pay for the points up-front and then have a yearly maintenance fee on those points. The advantage is that, if you vacation with Disney a lot, you can save a lot of money in the long run. There are lots of ancillary factors like buying direct from Disney vs. resale, the economy of using points for things outside DVC resorts (like DCL), renting points, how often you want to visit a Disney resort, banking and borrowing points from year to year, etc.
DIS has a good FAQ at http://www.wdwinfo.com/disney-vacation-club/faq.shtml
I'm also thinking about buying in on my June cruise, but I'm stuck on the question "Will I still want to go on Disney vacations when the kids are grown and moved out?"
I tend to lean toward "no" but then I read about how it pays for itself in 8-10 years anyway, so I start thinking about buying in and then having the option to resell it down the road. I might pop into the presentation on my cruise and ask exactly that question, but I'm not sure I'll get a straight answer from people who earn a commission on selling memberships.
So are all you that are buying into DVC, are you paying the 23k upfront or are you financing that too?
