Why is DVC so confusing?

Discussion in 'Purchasing DVC' started by baronvonshush, May 2, 2013.

  1. abdmom

    abdmom DIS Veteran

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    DVC is not the only timeshare in the WDW area. IMO, it's not even the nicest. The one thing it has going for it is that it's on site. If you are willing to drive off property, there are many, many other timeshares out there. All of them at a tiny fraction of what it costs to buy into DVC. Do some research on tugbbs before you spend thousands on DVC.
     
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  3. baronvonshush

    baronvonshush Earning My Ears

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    This is an excellent point. We rarely plan our vacations that far out. As a matter of fact, last night I decided I wanted to go back at the end of September with just my husband as an anniversary trip. 4 months is usually the earliest we plan. Another thing I thought about was how much we enjoyed staying at port Orleans riverside this past trip. Maybe this isn't the best deal for us since we are ok in moderate resorts. I'm still going to research everything and make an informed decision, but based on that criteria alone, I'm thinking we might be better off not buying DVC.
     
  4. staceymay00

    staceymay00 DIS Veteran

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    This is my family...and we probably are in the minority of DVC owners having reduced trips a bit since buying. We still love Disney, but not at the same frequency and length of stay that we used to. And we just bought DVC a few years ago! We started going to WDW regularly a few years before we bought. I don't regret our purchase at all, but I'm really glad we did not buy enough points to to spend a week at WDW twice a year, which is what we did for a couple of years before buying, Sadly, my kids reached a point of no longer being excited about going to Disney for a week. The other issue we've faced is difficulty finding time for a week at WDW due to school and sports schedules along with wanting to other things besides WDW. WDW is a seven hour drive for us, and we go to Florida for reasons other than WDW, so working in a 3-5 night stay at WDW works well for us. If we lived further away and had no other reason to visit WDW, we'd probably go for 5-7 days every other year.

    ETA: I should note, though, that even though we are doing less Disney these days, I am still thinking of adding points. Sounds crazy, I know! We only have 150 points and prefer 2BRs for our family of five, so even with shorter and less frequent trips, we could still uses another 50-100.

    Sent from my iPad using DISBoards
     
  5. Fignewtons

    Fignewtons Earning My Ears

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    We just went through the same process. Did a DVC tour in November and then started reading and discovered resale. It is some work to find what you are looking for and then wait to get through the process. It is 60 days typically to get contract executed, but it might be 60 more days finding what you want, as they go quick right now and you should do lots of research on resorts and points, and time of year you want to travel.

    We got 150 OKW loaded for $8500 and 4.5% interest rate from our bank, so the cost is minimal compared to Disney. Our first purchase was just to get something affordable and try it. Our second purchase will be more focused on a specific resort.

    Quite frankly, OKW is relaxing, as our children are getting older now anyways and its more for us to use and then hand over to them as they get married and settle down. Definitely a huge savings compared to direct.

    Good luck.
     
  6. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    You are not alone. There is a reason for resales and until recently there were a ton of them. More and more owners are renting reservations and the number of renting brokers is increasing.

    I think it's only natural, as you see and experience the same rides, attractions, and resorts, the excitement fades a bit. Disney is a very expensive luxury vacation.

    :earsboy: Bill
     
  7. castleri

    castleri DIS Veteran

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    The one thing no one has mentioned is that while doing your research it is a good idea to also look at the yearly maintenance fees. These can add up to more than the contract over the course of your ownership. Sometimes the one with the lowest cost has the highest MFs so is really not the best deal - specifically Hilton Head and Vero Beach. Good luck with your decision.
     
  8. JimMIA

    JimMIA A little Miami humor...

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    Good point, and one that almost no prospective DVC purchasers consider.

    For that matter, we seldom consider the even more important question: "Should I get involved in ANY timeshare?"

    Most of us got blinded by the pixie dust and decided to buy DVC. The fortunate among us discovered the DIS before we bought, and bought resale.

    But very few of us even considered the basic question of whether timesharing was a good fit for our family.
     

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