We've looked at DVC in the past, but determined it wasn't for us based on our WDW preferences (we've never done an official tour). But we're in DL right now staying at the GCH and are going to do a "tour" Wednesday.
So here's our story...
We've been going to WDW every year (usually 1st week of December for 6-7 nights) for the past 8 years or so. We have always stayed at GF. We realize staying at GF is very costly with DVC points, and that is why we decided DVC wasn't for us in the past. If we buy DVC we'd probably either pay cash for GF in the future, or switch to a DVC hotel - points at GF still looks far too costly.
We've also been going to DL about every other year, staying at either GCH or DLH. The DLR properties don't appear to be near as costly for DVC as GF at WDW.
The up front cash to purchase isn't an issue for us (fortunately).
We understand the home resort thing (11 months vs. 7 months) and doubt we'd ever stay at SSR. So we'd probably be looking at GCH. The kiosk woman talked about GCH having 50 charter members only. I read a little here on the boards suggesting that non-DVC people may never get the chance to buy GCH because of pre-sale (and no one really knows when GCH is going on sale). I don't know what to believe - we'll be pressing our guide on this Wednesday.
I'm initially guessing we'd need 200 - 250 points to cover 1 week in WDW at a DVC resort and DL for a week every other year (hoping that's conservative). Now comes the analyst/accountant in me.
If I use 250 points as my example and conservatively assume I can get an average of 10 nights lodging covered each year with the 250 points. The up front cost at $104/pt would be $26,000, or about $65/night (amortized over 40 years for 400 total use nights). If the maintenance fees are $5/point, that's $1,250/year, or $125/night (assuming the 10 nights). So total cost would be $190/night.
Am I looking at the math above correctly? If so, I know we're paying $360/nt for GCH this week (no discount) and GF cost us around the same last December (again, no discount). So $190/nt would be significantly less.
That's a lot of information and numbers above. Thanks in advance for any advice.
So here's our story...
We've been going to WDW every year (usually 1st week of December for 6-7 nights) for the past 8 years or so. We have always stayed at GF. We realize staying at GF is very costly with DVC points, and that is why we decided DVC wasn't for us in the past. If we buy DVC we'd probably either pay cash for GF in the future, or switch to a DVC hotel - points at GF still looks far too costly.
We've also been going to DL about every other year, staying at either GCH or DLH. The DLR properties don't appear to be near as costly for DVC as GF at WDW.
The up front cash to purchase isn't an issue for us (fortunately).
We understand the home resort thing (11 months vs. 7 months) and doubt we'd ever stay at SSR. So we'd probably be looking at GCH. The kiosk woman talked about GCH having 50 charter members only. I read a little here on the boards suggesting that non-DVC people may never get the chance to buy GCH because of pre-sale (and no one really knows when GCH is going on sale). I don't know what to believe - we'll be pressing our guide on this Wednesday.
I'm initially guessing we'd need 200 - 250 points to cover 1 week in WDW at a DVC resort and DL for a week every other year (hoping that's conservative). Now comes the analyst/accountant in me.
If I use 250 points as my example and conservatively assume I can get an average of 10 nights lodging covered each year with the 250 points. The up front cost at $104/pt would be $26,000, or about $65/night (amortized over 40 years for 400 total use nights). If the maintenance fees are $5/point, that's $1,250/year, or $125/night (assuming the 10 nights). So total cost would be $190/night.
Am I looking at the math above correctly? If so, I know we're paying $360/nt for GCH this week (no discount) and GF cost us around the same last December (again, no discount). So $190/nt would be significantly less.
That's a lot of information and numbers above. Thanks in advance for any advice.