Any reason not to buy

[Karlk]

We love Disney and have been going every other yr as of now, been renting points last few trips but not a huge fan of not just locking in. Any reason any of you owners would say not to get points still not terrible on the resale market imo

 

[KVacc]

Look at point charts, make a quick spreasheet for yourself and do some math on how many points you would need. If you think think its something you will continually do for years and years then go for it. Make sure its financially feasible and you wont be stressing after you make a purchase. Going resale you can start off smaller and always add more.

 

[Duckbug.Ducktales]

Decreasing on-site perks are probably the #1 reason, but here I am buying 200 BLT pts direct.

The thing is, you can sell later and recoup your money and then some, depending on the contract. We bought 100 SSR loaded at $99 per point in Fall of 2020 and are getting ready to sell it in the $130s.

 

[WxKristin]

There is definitely no promise that price per point will continue increasing (in fact, the 2042 resorts will have to go down at some point as years on the contract deplete). We initially rented points for a trip a few years ago and the math works out well in favor for purchasing if you're using (or at least renting out) your points annually (compared to renting). If I didn't just close on a CCV contract resale, I would probably be strongly considering a BLT purchase direct right now.

 

[McCrae]

A reason to consider not to buy is the long term costs involved…flights/park tickets etc…it’s a very expensive vacation.

We bought in 2009 and are delighted.

 

[VdoesDisney]

Only reason would be if you don’t see yourself vacationing at WDW at least every 2-3 years, if you are a Disney fan, are already spending money on accommodations, and have come to terms with the price increases on tickets, food, Genie+, etc then I don’t see any reason not to buy (that, of course, assumes buying DVC will not be detrimental to your finances).

 

[RoseGold]

I am seriously considering selling my DVC if some form of APs don't come back this summer. Chapek was very clear that they want more revenue from parkgoers, and my plans for DVC don't work with full freight tickets. I'm probably not the only DVC owner or potential owner who believes this.

For going every other year, I'm not sure there's a great argument to lock in at all mathematically. Just stay at Swolphin and use the laundry there.

 

[chalee94]

I am seriously considering selling my DVC if some form of APs don't come back this summer. Chapek was very clear that they want more revenue from parkgoers, and my plans for DVC don't work with full freight tickets. I'm probably not the only DVC owner or potential owner who believes this.

For going every other year, I'm not sure there's a great argument to lock in at all mathematically. Just stay at Swolphin and use the laundry there.

Yep - this goes back to having a having a lot in reserve for flights and park tickets, etc.

I remember spreading a $350 10-day no-expiration ticket over several trips. In the last few years (not counting peak COVID), an AP has been useful. But they keep jacking up dining prices and ticket prices and fuel costs have been spiking as well. So definitely consider your reserves... (and with tickets especially, there's not much value to an onsite stay IMO if you aren't going to go to the parks.)

 

[BamaGuy44]

No reason I would tell someone not to buy, especially if they love the parks.

DVC is good for people who:

1. Know they will usually be going to Disney (or a DVC resort) every year or at least every other year
2. Want to stay in on-site in Deluxe resorts at a reduced rate (over time you will pay less overall)
3. Want the flexibility and convenience of booking with their own points vs renting points

If that's you, you'll probably enjoy owning DVC. It's definitely not the cheapest or easiest way to do Disney vacations, and don't buy in with the plan of using the points for other time shares or cruises, etc. Sounds good in the brochure, but the value there is terrible.

 

[DVChris]

Speaking of tickets... price increased yesterday.
https://www.dvcnews.com/other-resou...-ticket-price-increase-hits-walt-disney-world

 

[Ruttangel]

Resale prices have gone up a lot in last 18 months, if you can still rent at a reasonable price then then this doesn't feel like a great time to buy in unless you get a steal

 

[Travel60]

Finance background here: don't buy if you will have to finance. Don't buy if you have student loans. Don't buy if you depend on two incomes but look to have kids in next few years. If you have kids, have you maxed out their 529s? Consider when you will need to replace your vehicle. If you own your home, consider maintenance costs and when you will want/need to buy larger.

In other words, Disney money should be fluff money. Money you don't need. Yes, you can always sell but what will that feel like. Prices are high.

 

[PsycProfPlum]

We love Disney and have been going every other yr as of now, been renting points last few trips but not a huge fan of not just locking in. Any reason any of you owners would say not to get points still not terrible on the resale market imo

Annual passes. We bought DVC to support multiple short trips per year. If APs aren't going to be reliably available, DVC loses a lot of its value.

 

[BamaGuy44]

Annual passes. We bought DVC to support multiple short trips per year. If APs aren't going to be reliably available, DVC loses a lot of its value.

For some. Plenty of owners go once or twice per year and have no need for APs

 

[PsycProfPlum]

For some. Plenty of owners go once or twice per year and have no need for APs

Right. I didn't imply this was a deal breaker for everyone, nor was that the question.

 

[Nabas]

Reasons not to buy DVC:

1. You don’t have $30,000 or more to purchase. (Disney’s interest rates are high - you’ll lose much of the savings if you finance and then pay off in ten years.)
2. You don’t think you’ll continue to go to WDW for many years. (Closing and resale costs will eat up a lot of the savings if you own for only a few years.)
3. You’re content to stay at a Disney Value or Moderate Resort. (It still costs less to stay at a Value Resort than DVC. And it will be decades before you reach the break-even point compared to Moderate Resorts.)
4. You’re comfortable renting points. (We’ve owned at BWV for more than a decade. To date, we’ve averaged $11.77 per point for our stays, a lot less than the $20 per point you’ll pay today. But we bought at $55 per point. Change that to a purchase price of $200 per point and our trips to date would have cost more than $25 per point. This means that if we had bought at $200 per point, we’d still be losing money after more than a decade.)
5. You cannot plan your vacations 7 to 11 months in advance. (The most popular rooms are all taken at 7 months. You need to grab these as soon as you can. Otherwise, it most likely will be SSR for a lot of trips. We like SSR, but it feels more like a Moderate Resort than a Deluxe Resort. We stay their once every few years but it’s not where we want to stay every trip.)