pillow
DIS Veteran
- Joined
- Mar 21, 2007
- Messages
- 5,052
Thanks for the comments Eva. Our friends at WDW right now went through the presentation Friday morning. They were blown away. I think they are going to try to convince us to buy in as well as them.
In a nutshell, if you are going to go to WDW once a year for the next several years and try to sprinkle in a few ABD trips, is DVC worth it? If so, my two main questions would be the follwoing:
1. Based on your experience, what point level would a family of four need for the conditions of at least one trip a year to WDW and an occasional ABD trip?
2. Would you buy from one of the resellers to get a cheaper rate?
Thanks for your time.
Chad
Hi Chad. When we bought DVC, I did a breakeven analysis and really looked at the numbers to see if it was worth the cost. I found that if you stay at the DVC resorts, the value is good. If you are happy staying at a value resort or offsite, DVC is definitely a splurge and probably not worth it to you. If you stay at the DVC resorts, I found that you would break even (including dues) in 5 - 7 years. HOWEVER, if you use your points for the cruise or other Disney hotels, it can take 15 - 20 years to recoup your money.
What a lot of people do if they want to go on ABD or the cruise is to rent their points to a non DVC member. You basically sell your points for roughly about $10-$11 per point, and then use the cash to book your trip. This ends up being more cost effective than paying points for the trip in most cases.
My conclusion was that if you like going to WDW once a year and staying at the DVC resorts, you can really get your money's worth. If you want to do other stuff, maybe not.
Oh, and we vacation over Spring Break every year, but we only stay Sunday - Thursday nights since the points are lower. Sometimes we'll pay cash for one of the weekend nights or spend that night off site since the points are so high for Fri and Sat night. For Sun-Fri (5 nights) in a 1 bedroom, it costs approx 200 points in peak season. Plan on 250 points if you want a 2 bedroom.
If you don't buy DVC, you can always "rent" someone's points and that 5 nights over Spring Break would cost you about $2,000-$2,200 - about half the price of booking through Disney.
Hope this helps. Sorry for being long winded.
Jodie