billsfan
Lets Go BUFF-A-LO
- Joined
- Nov 28, 2004
- Messages
- 604
Yes DVC can save you some money on your room but we still need to pay for travel, food, admission tickets and dues.
Of course, once assumes travel, food, tickets would be paid anyway.![]()
True, but for others reading, DVC tends to lock you into yearly Disney vacations which can be expensive even with the DVC room cost savings. I know that we spend more now as owners compared to our pre-ownership Disney vacations.
Bill
Talked with DH about that -- as you frequently make this point. We use our DVC for long vacations, and it forces hubby to take a vacation. DD,16, and I take trips without him (as I have way more vacation than he does). We go to NYC, DC, and we'll be to Chicago to see Hamilton in Feb. The point being -- DVC is an informed choice that works for us now -- as I suspect it does for other owners/members as well. When DD is in university we have the option for couples trips or renting points for other vacations. Vacations cost -- geography is relative.True, but for others reading, DVC tends to lock you into yearly Disney vacations which can be expensive even with the DVC room cost savings. I know that we spend more now as owners compared to our pre-ownership Disney vacations.
Bill
We've been DVC members since 2009. I haven't looked at room rates since that. Just for giggles I priced out our 2 BR Savanna view room at Kidani Village for one week in December (10th - 17th)
$10,606
I know nobody pays rack rates but DANG!
. For those that do not want the expensive Disney vacations there are other options of doing a Disney trip every other year, resort only trip with orlando sight seeing, trip with fewer park days, hilton head or vero - there really are so many options that allow for more affordable "disney" trips. We are new member and are already excited about the more relaxed disney trips to be able to explore and experience the resorts and what ever else orlando has to offer instead of being the 7 day park commandos. Disney is a vacation and I don't think any one takes a vacation and expects it to be inexpensive. We have a short summer trip to cape cod, MA and with hotel room and meals and a few side trips i am sure it will be $2K. You buy into DVC to promote and encourage family or couples vacations - we love WDW and we love the though in knowing we don't have to have an exhausting trip. We like the thought of being locked into WDW every other year. It is in how you purchase your points too - we knew we could easily get burned out going every year so we purchased points to afford going every other year. On off years we have time to explore other areas of the country. We have figured w/ our next trip to a 2BR AKV savanna view (at over 7K) that will eat up a good portion of our initial buy in - by year 5 (or so) we will have broken even so that the MF will essentially cost us less than staying in a moderate. We love staying inDVC tends to lock you into yearly Disney vacations
You did a good thing, for one year. Now do this again, EVERY time you use your DVC. But include real discounts, as published, as TRUE rack rate. "Rack" is a myth - YOU want "Market Rate". It tells you JUST how much DVCis actually worth during a given time period.
All personal opinion and suggestion.... I'm not right, you aren't wrong....
Establish an EXCEL spreadsheet. From Day 1, DVC members are in the hole based on initial up front money, close to the tune of$20000.
Now track this: you WIN every time your ACTUAL room cost is lower than the BEST DISCOUNTED (real) room cost. "Rack" is a myth.
Repeat. When your up front cash+dues-best discounted room cost hits ZERO? You have pretty much broken even.
Now - for the time value of money folks.... Seriously? Since 2005, the time value of money has been pathetic. Yes, you bought Amazon at $1.20 - I congratulate you. I calculate TVOM at the best current FDIC insured interest rate - about 1% per year. That would be guaranteed interest, as opposed to "lets go to Reno".
Again, all personal opinion. I'm not right, you aren't wrong.
Our personal situation, and results:
1) $28K initial CASH investment in 2013.
2) two trips per year to HOME resort. 2013 to present.
3) Break even point using DISCOUNTED room rates : APX November 2018.
4) Investment break even period: APX 5 years.
APX is "approximate". It HAS to be this, as I must include room DISCOUNTS for time in the future. "RACK" is a myth... "MARKET VALUE" is real.
Again, All personal opinion and suggestion.... I'm not right, you aren't wrong....
Of course, once assumes travel, food, tickets would be paid anyway.![]()