A Few Questions From A Wannabe DVCer?

[Korbs]

After reading these boards I've decided i am definately going to have a closer look at DVC.

(I haven't even stayed onsite yet but i'm hooked and it was mega depressing having to wait two years before we go again cause we couldn't afford it.)

First question: where can i send off for some official information booklets/prospestus?

Second: Is there a minimum age? I read somewhere it was 21? (If so, i'll have to wait till next september and do it then. I'm 21 while i'm over there.)

And lastly: Has anyone else around my age bought DVC? It would just be interesting to see if many people in their early 20's had done and what their opinions of DVC are?

And also: If anyone has done it from the uk. Is it more complicated? (but maybe i'll post that on the uk board)

Thanks for all your great info!

 

[floridafam]

There was a post recently from a couple that bought in relatively young and they seem very happy with their purchase.

I am not sure if you have to wait until 21. It might only be 18.

You can call 1-800-800-8100 and they will direct you to someone who can help you. My guide is Jim McCoy and he is very helpful, hard workng and straight forward. He can answer any questions you may have.

I'm not sure how they handle a DVC purchase outside of the U.S. but anyone you speak to at DVC should be able to tell you exactly how to do it.

Good luck.

I sent you a PM

 

[Korbs]

Thanks very much for that, I'll give it a go.

Everyone is so helpful on these boards!

I'd still love to hear from anyone that has bought into dvc quite young.

 

[floridafam]

I searched for the post from the young couple who bought in and I can't find it.

I'm sorry!

Maybe if you started a new thread and specifically asked who bought into DVC when they were young you would get some good responses.

We were in our late twenties when we purchased.

Good luck.

 

[JimC]

Try this link.

http://dvc.disney.go.com/disneyvacationclub/membershipinfo/magicofmembershipindex

Good luck.

 

[emacman]

I really applaud your thinking. Try to get into SSR where you can get to 2050. I'll bet you'd be one of the few who live to see their DVC close out. Where are you from in the UK Korbs?

 

[Lisa P.]

I haven't even stayed onsite yet... having to wait two years before we go again cause we couldn't afford it... next september... I'm 21...

Please think this through carefully. There are a lot of significant financial decisions for you to make in the coming years. Commiting to a substantial purchase with ongoing annual dues, especially if your finances are stretched or uncertain, is a serious decision.

Sometimes, folks visiting this forum are caught up in the enthusiasm of the members here. And it's easy to be swayed a bit by all the marketing catch-phrases we see repeated here as happy members agree and recall it in their posts.

Just remember that when most people consider buying and decide against it, they stop reading and contributing here. Same for most of those who sell their DVC membership - often because it is a rather expensive timeshare, compared with many others in the area (especially resales offsite). This is primarily a forum of satisfied members and most threads will reflect that.

For a young person like yourself, you may or may not find that DVC is really what you need. I would strongly recommend that you consider a stay at a moderate onsite, the All Stars or a really nice, economical, deluxe offsite resort. If you find that any of those provide for a very pleasant vacation, you may discover that DVC is actually more expensive for you and that you don't need it. There are many ways to enjoy a "magical" vacation, "building memories for a lifetime," beyond DVC. HTH!

 

[Korbs]

Hi,

Emacman: I live in Brighton, on the South Coast about an hour away from London.


Lisa P: Thanks for your advice. I know i sound young and over excitable in my initial post, but when i say looking into it, i mean thouroughly researching it. I never make rash decisions involving that amount of money, (i leave that to my partner! )
However, i went to disney various times with my family and last year with my partner. I am hooked. I will be going back every year. The are two reasons we can't go this year. The first is because we bought our first house at the beginning of the year. The second is because next year we are going with my family and staying at AKL. This holiday has cost £8900, (£3000 for just us two, very expensive.) If we spend this much every year, we would have paid for DVC in three years (assuming we bought the minimum 150 pts). Which is why it makes an attractive option to look into, even at my age. Besides, we didn't think it was a big deal spending that much on a car, why not for our future holidays?

Thanks for all your advice

 

[DrTomorrow]

Korbs,

We just received the DVC Video - which we ordered from the site JimC gave you - and they feature quite a few testamonials from UK Members, so they must make it as easy for you as they do for us!

Good luck mixing Due Diligence and Pixie Dust!

 

[jmminarik]

You might miss this link...it's at the bottom of the landshark disclaimer speak:

http://dvc.disney.go.com/disneyvaca...tedisclosuresindex#STDisclosuresUnitedKingdom

I'm not sure if Disney provides financing to the UK or not....they're licensed according to this link, but they don't offer developer financing. *shrug*.

I'm not sure of all the details if you buy resale since the odds are pretty good you'll be buying from a US citizen. You'd might need to finance through a UK broker. Even if you find another British subject to purchase from, you'll have to deal with Florida laws but hopefully the resale broker will be doing the leg work for that.

Lisa's cautions are pretty good things to keep in mind, but it sounds like you're pretty much sold on DVC and are cognizant of the costs of flying and staying in the states. Not knowing your complete financial situation, you may want to consider other timeshare options. Seeing as you probably get a decent amount of holidays, non-DVC timeshares would allow you to stretch your vacation dollar further. DVC is a 'premium' cost timeshare (and worth it to most of us who sit around watching this board) and you may find greater value in a less expensive timeshare that you can use for a longer period of time and would more easily trade for resorts in the British Isles or on the continent. Of course, this would be a whole other can of worms to sort through since there are so many things to learn about timeshares that aren't DVC.

Just a few things to keep in mind.

-Joe