2021 Disney Vacation Club Annual Dues

[lovin'fl]

DVC dues are billing us what it costs to operate the property. Hotels must cover their operating costs, along with turning a profit. Flexible pricing models allow hotels to slash rates when occupancy is low. But empty rooms are an aberration at prime vacation destinations during summer months and holidays.

But on top of the super high buy in prices? Higher than any other timeshare out there?? And, yes, it is good in that when we resell we can get some decent money back unlike other timeshares. But it is hard to ignore the costs anymore. It once was not so hard to say 'I get to stay on Disney property in a villa with a kitchen and W/D and free transport even from the airport'. So you overlook the high costs or place more value in what you're getting. But now, with all the crowds (well before COVID) and the crazy preplanning and high ticket costs and crappy IT glitches running havoc. Plus costs to buy in went from like $95pp back in 2006 when we bought in to $200s now (VGC direct is, what?, $260). Not sure that is normal inflation. SSR was $95 new in 2006 and is $160 now. The newest, RR, is $195 (I think). Crazy. I think they just jumped too far, too fast.

 

[5th gate dreamers]

But on top of the super high buy in prices? Higher than any other timeshare out there?? And, yes, it is good in that when we resell we can get some decent money back unlike other timeshares. But it is hard to ignore the costs anymore. It once was not so hard to say 'I get to stay on Disney property in a villa with a kitchen and W/D and free transport even from the airport'. So you overlook the high costs or place more value in what you're getting. But now, with all the crowds (well before COVID) and the crazy preplanning and high ticket costs and crappy IT glitches running havoc. Plus costs to buy in went from like $95pp back in 2006 when we bought in to $200s now (VGC direct is, what?, $260). Not sure that is normal inflation. SSR was $95 new in 2006 and is $160 now. The newest, RR, is $195 (I think). Crazy. I think they just jumped too far, too fast.

just like ticket prices, dessert party prices, minnie van rides, etc, the cost is what the market will bare. they charge $195 per point because they will sell it out for around that price. prices will keep going up until they reach homeostasis with what the market will bare. in terms of dues, they cost what they cost...the office needs printer paper, the rooms need cleaned, the electricity needs to be paid, the roof needs upkeep. complaining about dues is like complaining about the weather.

 

[lovin'fl]

Thank you. This is good to know. Did you book directly through Harbourside? I notice they are also on vrbo. Just wanting to see what the best deal is.

Thanks for the pictures. I know we are getting a little off topic, but it's good to know there are other options besides adding on at HHI due to the outrageous dues! I am all about the view. That last picture shows a really nice view. It looks like you are on a higher floor. I'm sure that helps with privacy. Another question: Did the noise from the music that plays each night bother you while you were in the room?

They have a strict curfew, or noise restrictions really, in Shelter Cove to shut things down pretty early and be quiet due to condo owners and folks on the boats wanting quiet. Think it's a no noise past 9pm rule. So all bands and singers quit by 9. But the restaurants can still serve until like 10pm. They adhere to it completely and it was never an issue. We could also watch the weekly singer who played on the little stage (when Covid wasn't a thing). That was nice to sit on balcony and watch. But the leaf blowers and dumpster pick up can be noisy at times. That's more the 2nd bedroom by the front of the resort (non water side). And it's like 8am ish and not every day.

 

[Sandisw]

We seem to be having an off topic discussion about other timeshares so let’s get back to only dues,

Feel free to continue in private or on another Thread!

 

[lovin'fl]

Sorry...I am done.

 

[DisneyStarWisher]

We seem to be having an off topic discussion about other timeshares so let’s get back to only dues,

Feel free to continue in private or on another Thread!

Sorry. I was just looking for alternatives to adding on more HHI points since the dues have increased so much. I’ll start another thread if needed.

 

[KAT4DISNEY]

But on top of the super high buy in prices? Higher than any other timeshare out there?? And, yes, it is good in that when we resell we can get some decent money back unlike other timeshares. But it is hard to ignore the costs anymore. It once was not so hard to say 'I get to stay on Disney property in a villa with a kitchen and W/D and free transport even from the airport'. So you overlook the high costs or place more value in what you're getting. But now, with all the crowds (well before COVID) and the crazy preplanning and high ticket costs and crappy IT glitches running havoc. Plus costs to buy in went from like $95pp back in 2006 when we bought in to $200s now (VGC direct is, what?, $260). Not sure that is normal inflation. SSR was $95 new in 2006 and is $160 now. The newest, RR, is $195 (I think). Crazy. I think they just jumped too far, too fast.

It's still about the comparison to cash stays onsite. Any other comparison is not going to hold up and never did.

 

[jackieleanne]

Am I right in that we have until February 14th to pay these dues even though Disney says they are due January 15th they won't chase or become outstanding until Feb 14th?

 

[MadScouser]

Maybe i'm slightly odd here, but i always budget / account for a 5% increase when looking to work out how much i need to save each month for next years dues...

 

[DisneyStarWisher]

Maybe i'm slightly odd here, but i always budget / account for a 5% increase when looking to work out how much i need to save each month for next years dues...

I do, too. I didn't expect a 9.58% increase on my HHI dues.

 

[lovin'fl]

I do, too. I didn't expect a 9.58% increase on my HHI dues.

One thing to remember, though, is the savings for buy in cost. Think folks figured it takes about 10 years, give or take, to even out with other resorts where you pay more to buy in but pay lower annual dues. So if you have owned for less than 10 years you are still ahead of the WDW resorts for total expense. But its still hard to swallow. And why we finally sold ours this year (and we owned for 8 years and were coming up on maxing out the value).

 

[FireflyTrance]

Frustrating to see VGC dues increasing when the resort is still shut down.

 

[New Mouse]

Frustrating to see VGC dues increasing when the resort is still shut down.

Its a projected increase based off of what they feel it will take to run the resort assuming its going to open. Logic would dictate they will be refunding x% back due to the closures, though nothing formal hss been announced yet.

 

[KAT4DISNEY]

Am I right in that we have until February 14th to pay these dues even though Disney says they are due January 15th they won't chase or become outstanding until Feb 14th?

Correct.

 

[Sandisw]

Frustrating to see VGC dues increasing when the resort is still shut down.

As mentioned, this is the projected budget tot run the resort in 2021. It has nothing to do with what happened in 2020.

They have to assume it will be open all of 2021, and hsve included in what they anticipate will be extra costs for cleaning, etc. plus normal increases.

Any credits are always listed as part of the bill you receive to offset what you owe for 2021

So, for owners at all the resorts, any 2020 dues that didn’t get spent, DVCM has said will be sent back to members vs. going in capital reserves.

 

[Cabius]

So, for owners at all the resorts, any 2020 dues that didn’t get spent, DVCM has said will be sent back to members vs. going in capital reserves.

I'm very curious to see how this works for resale buyers this year. I'm mid-purchase on a loaded contract where the seller paid '20 MFs. If they issue a credit toward '21 MFs, that will work out very well for me... not so well for the seller!

 

[Bing Showei]

I'm very curious to see how this works for resale buyers this year. I'm mid-purchase on a loaded contract where the seller paid '20 MFs. If they issue a credit toward '21 MFs, that will work out very well for me... not so well for the seller!

You won't get the 2020 annual dues credit unless your membership shows having paid the 2020 annual dues.

 

[Cabius]

You won't get the 2020 annual dues credit unless your membership shows having paid the 2020 annual dues.

That seems much more fair!

The flip side is that for resale buyers who reimbursed sellers for '20 MFs, presumably that money is paid directly to the seller, right? So they won't get a '21 credit despite having paid for the '20 dues (albeit not to Disney directly).

 

[Bing Showei]

That seems much more fair!

The flip side is that for resale buyers who reimbursed sellers for '20 MFs, presumably that money is paid directly to the seller, right? So they won't get a '21 credit despite having paid for the '20 dues (albeit not to Disney directly).

Correct. But technically, it's not a 2021 credit. It's a credit for 2020 dues paid.

Add to this, when buying a stripped contract, dues paid are often based on previous years dues. So if you bought a HH contract that was stripped and seller paid 2021 dues on it, in all likelihood, that was projected based on 2020 dues. Buyer essentially subsidizes seller's use of 2021 points. And for 2021, that stings just a little more.

 

[Sandisw]

That seems much more fair!

The flip side is that for resale buyers who reimbursed sellers for '20 MFs, presumably that money is paid directly to the seller, right? So they won't get a '21 credit despite having paid for the '20 dues (albeit not to Disney directly).

To add, this is a unique case because credits would normally go into the capital reserves budget.

So, normally, it would not matter who paid the dues. This year, though, as you said, those that reimbursed the seller, may not see It.

It will be interesting is I did on my BLT contract, It was added to an existing membership so I wonder what will happen when I get the bill!