Is dvc right for me???

Discussion in 'Purchasing DVC' started by rymahoney, Jan 15, 2014.

  1. crisi

    crisi DIS Veteran

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    And when you listen to the Disney sales pitch - realize they are using rack rate.

    IF you are happy in a moderate or value, and you can and have taken advantage of the deals Disney has offered, you are probably better off FINANCIALLY not buying DVC. You may or may not get value out of having DVC in subjective ways (for us, its having the kids sleep in a different room), but if you have to stretch to afford it, its hard to justify that value.
     
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  3. robinb

    robinb DIS Veteran

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    The OP stayed at the Polynesian on his last trip so I think that he likes deluxe resorts.
     
  4. crisi

    crisi DIS Veteran

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    Don't we all! But sometimes the Poly is a once in a lifetime trip, and the next ten are at the Caribbean Beach Resort before you get back to the Poly for a 25th wedding anniversary.

    And if you like Deluxe resorts, and think that is what you are getting, then the question becomes, do you understand the difference between timeshares and deluxe resorts? Are you willing to make the necessary trades - less frequent refreshes, the need to pay for housekeeping (if you want it), no concierge (for all practical purposes), a pullout in a studio rather than two beds (unless you are out at OKW). No rollaways.

    In this thread the OP has posted less than 500 words - that isn't sufficient to say if DVC is right (or not right) for anyone. It may be right, it may not be right - there is insufficient data.
     
  5. robinb

    robinb DIS Veteran

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    All of those are positives for me (except for the refreshes) :thumbsup2.
     
  6. rymahoney

    rymahoney Mouseketeer

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    I'm kinda overwhelmed with it all honestly. Told the wife I think we should save for a year. Rent points from David for our next stay. And then make a decision after that.
     
  7. crisi

    crisi DIS Veteran

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    If I were going to do it today, I'd rent points from David rather than buy in. Its a little more expensive than buying in, but the flexibility gains are huge. As long as David has an owner, you get the eleven month window where ever you want it. If you don't want to go to Disney for three or four years when the kids are in high school because their schedules are busy (and I can't believe how busy my daughter is - my son is more of a slacker), you don't have to go renting your own points or finding another use for them. If you hit a financially rough period, you don't have dues payments.

    When we bought in, all rental deals were between individuals, a broker provides a little extra security. And when we bought in there where only three onsite resorts (BCV was being sold, but wasn't yet built) - five total - yeah, it was hard to get VWL for Christmas (we don't travel at Christmas) or BW for Food and Wine (we own Boardwalk) or an OKW Grand Villa over Easter (again, don't go over Easter), but there wasn't the insane competition for those things that there are now with three or four times as many members - and the same number of BWV Standard rooms for Food and Wine. So while the advice has always been some version of "buy where you want to stay (and plan ahead)" that advice has become, I think, more pertinent, but its also now very apparent that you can only buy what is built at the time, you'll still have the "I don't own there" problem with new resorts, unless you are willing to own a lot of contracts (I'm not).

    The other thing that's more obvious to me with time is that both Disney and my family and I change. When we bought, we went to Disney in part for the food - that has slipped while at the same time our own dining tastes became more refined (or, if you prefer, we became food snobs). I'm not really interested in the pace of technological change that comes with FP+ - I go to Disney because it was EASY - we knew how to work the system - now we are back at square one, and I'm not that interested in square one. My kids prefer other locations as teenagers - my son, the beach, my daughter - anywhere with good museums.
     
  8. chalee94

    chalee94 <font color=green>I thought all sand was ground up

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    i'm on your side.

    (unless your wife gets really mad. in that case, you're on your own... :) )
     
  9. cubsblue

    cubsblue Everything's Ducky

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    From all your have said, that sounds like a really good idea.
     
  10. Lorilais_mommie

    Lorilais_mommie " They can drink pepsi, but they can't pee in the

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    I agree with you..
    Renting is a much better option, with the info the OP has giving..
     
  11. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    The lost savings on a given trip is nothing compared to making a mistake in this area. Until you can read technical threads with multiple abbreviations and understand what's going on without thinking about it, you are not ready to proceed, IMO.
     
  12. gray52

    gray52 Mouseketeer

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    I have found some great advise and put a lot of stock in the opinions of "Dean" and "Deb & Bill"... Not saying there's not others, but you can be assured that they have helped many many people on these boards make informed decisions.

    It's a major investment... And many on these boards, myself included, are of the opinion that if you can't pay cash, you can't afford it. But it's just an opinion. Buying into DVC, you're pre-paying for future use of a hotel... I can't for the life of me see a reason to finance hotel stays... Which after you pay off the initial buy-in, you'll still have yearly maintenance costs... Which increase every year.

    I would also suggest taking a hard look at resale. There are a few companies, besides Disney, that offer them... One being the sponsor of this site, and probably the largest of all resellers, The Timeshare Store. There are a couple things you can't do with a resale. However, these restrictions effect a very small percentage of owners. If your intent is to use it to go to Disney, it will not effect you a bit. I own two contracts...both resale... 100pts each at BWV & OKW... Paid cash for both. Good luck.

    Sent from my iPad using DISBoards
     

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