Thanks Mav!! It is true we are totally flying high on pixie dust right now, lol although we had considered buying in to DVC before we went on the trip (this was my 5th trip to WDW but my families first). If it were up to me I would go every year 2-3 times a year but lets face it -I know my budget doesn't allow for that! I knew this was the place to go BEFORE i made any big decision regarding buying in to DVC! There is so much information to sort through and so much financially to think about! ... And I was thinking about that extra cost as well - if we are investing in the 150 point deal with 10 year financing - that's just over $3000 a year for just a place to stay - then we need to have airfare and park tickets, food, miscellaneous expenses - i mean yeah maybe after year 10 it would be beneficial but ....
Considering that SSR was selling resale in the $60's- low $70's in 2012, I'm not sure how $105 would have been a phenomenal deal. But it beats the current direct pricing, there we can agree.
Perhaps I was looking in the wrong places, but I didn't find any resale points for less than $85 per point, plus the hassle of trying to secure my own loan, and being locked out of using points for anything other than WDW DVC resorts justified the additional cost per point for us. I know that if we hadn't purchased direct from Disney, we probably never would have gone on a Disney cruise, and we're going on our 3rd this August. To us, price isn't the only factor that influenced our decision.
Perhaps I was looking in the wrong places, but I didn't find any resale points for less than $85 per point, plus the hassle of trying to secure my own loan, and being locked out of using points for anything other than WDW DVC resorts justified the additional cost per point for us. I know that if we hadn't purchased direct from Disney, we probably never would have gone on a Disney cruise, and we're going on our 3rd this August. To us, price isn't the only factor that influenced our decision.
Perhaps I was looking in the wrong places, but I didn't find any resale points for less than $85 per point, plus the hassle of trying to secure my own loan, and being locked out of using points for anything other than WDW DVC resorts justified the additional cost per point for us. I know that if we hadn't purchased direct from Disney, we probably never would have gone on a Disney cruise, and we're going on our 3rd this August. To us, price isn't the only factor that influenced our decision.
The difference between buying less point resale for just DVC and more points direct plus the loan costs in this situation would be around $17-20K early in the process plus the lost money compared to other options for non DVC options of maybe average $1K difference per non DVC trip. I used 150 pts to use only for DVC and 250 to use for DVC and other, specifics will change the numbers but not the principles. Invested, that's quite a large difference over someone's life.If you bought direct, took out a loan to buy direct, and then used those points to pay for multiple cruises, then yes, I'm quite certain that money wasn't the only factor that influenced your decision.
But hey, it's your money. More power to you. Glad you're enjoying the membership...