Anyone regret buying DVC?

[bongo59]

Personally buying distressed anything is good business. I do it all the time. Buy low and sell high is the motto in my family and in my "financial bible" LOL

 

[DVCconvert]

robinb:

I don't see anything unfair about two people agreeing on the price of something.

Forgive me, I don't recall saying that I thought there was.
My point was to the degree of profiteering and to what degree of the dimunition of a fair value of a property belonging to another.

robinb:

Let's leave biblical "lessons" out of the discussion.

DiznEeyore:

Why? Just because it means nothing to you doesn't mean it doesn't figure into how others on the board approach things. Pointless inflammatory comment robinb.

robinb:

To say that 100 points that are distressed in some way have 80% of the value of points that can be used at the 11 or 7 month window is ridicules. By distressed I mean points that are in holding, points that expire soon or points that were used to book a non-DVC reservation and cannot be used for a DVC resort. At the 11 or 7 month window the DVC world is your oyster and you can stay just about anywhere you wish. At 60 days in advance your options are usually limited to OKW and SSR as VWL, BWV and BCV are usually fully booked on the less expensive weekdays and sometimes even on the weekends.

I believe that even I have a rudimentary understanding of the process. My thoughts & concerns run along what I precieve to be fairness. All of your above points are true, and therefore some reduction of value (or discount) is in my opinion reasonable, however; I would not personally think it fair to only "pay" say 50% of the established fair value as it is not like, again in my opinion, that because I am to use distressed points I would be recieving a distressed room. Even if it's not at the resort of my first choice, I can't personally justify how any WDW locale is so bad that the only way I'd stay there was if it were for sale at half price. Continuing on that line of thought, were it not for the ability to rent points at all, in most instances on short notice there is a real likelihood that one would have to pay CRO (or even MS at 25%% ) far more than if one where to pay the full fair value on those points.

robinb:

But that doesn't make you morally superior .

Of course not, that would be ridicules. I never said that I was, but thank you for pointing out that no one else is either!


bongo59:

Buy low and sell high is the motto in my family and in my "financial bible" LOL

LOL! That's why it's call the "Good Book" I guess!
Seriously, to me the issue is, what is a fair transaction verse price gouging.
Free market practices are clearly avalible to all parties, I just personally (when dealing with fellow DVC'ers especially) feel it's appropriate to treat others as I would wish to be treated in similar matters.

 

[robinb]

Why? Just because it means nothing to you doesn't mean it doesn't figure into how others on the board approach things. Pointless inflammatory comment robinb.

Pointless and inflammatory? I think bringing up a bible story itself was pointless. Not everything needs biblical support.

 

[gjw007]

I don't see anything unfair about two people agreeing on the price of something.

There is a difference between two people agreeing on a price and one person manipulating another who doesn't know what the fair value is. Later responses appear to have transformed into a negotiated position but the initial position didn't have that appearance.

Let's leave biblical "lessons" out of the discussion.

Biblical 'lessons' help set moral tones for right and wrong. If you ignore morality, then anything is alright. I disagree. I don't believe that is your position either but taking a moral position tends to make people uncomfortable. It belongs in the discussion whether spoken or unspoken (written or unwritten).

 

[robinb]

There is a difference between two people agreeing on a price and one person manipulating another who doesn't know what the fair value is. Later responses appear to have transformed into a negotiated position but the initial position didn't have that appearance.

I re-read all of SonicLogic's posts and nowhere does it appear that he is manipulating anyone. I wonder if It is your apparent dislike of his views on DVC that makes you think the worst of him. It is pure conjecture on your part that the people who rent to him do not know the "fair value" of their points. Maybe they do and maybe they don't ... we just don't know.

Biblical 'lessons' help set moral tones for right and wrong.

Yes, they can. But (1) not everyone believes in the bible and (2) you don't need to be Christian to be moral.

 

[gjw007]

I re-read all of SonicLogic's posts and nowhere does it appear that he is manipulating anyone. I wonder if It is your apparent dislike of his views on DVC that makes you think the worst of him. It is pure conjecture on your part that the people who rent to him do not know the "fair value" of their points. Maybe they do and maybe they don't ... we just don't know.

I suggest you reread. There was no conjecture when he stated that that he never buys anything less than 40% or 50% discount. It was only through further discussion that this came out to be a negotiated rather than a demanded position. I don't dislike him, I don't know him so why do you make such an outlandish claim. I also stated that I found his later explanations more understandable and I didn't disagree. My statements were that I didn't think that it is right to manipulate people. I stated that his later positions took a negotiatied positon but his initial position didn't have that appearance (show me where in his initial statements he talked about negotiating). I took his positions and mine to be a discussion, nothing more, nothing less. One problem with boards and emails is that the statements can be misinterpreted. I think that the discourse been SonicLogic and myself were helpful.

 

[DiznEeyore]

Pointless and inflammatory? I think bringing up a bible story itself was pointless. Not everything needs biblical support.

Nope, maybe not, but why deride the fact that a particular poster functions from that point of view? Many people base their entire way of living on the Bible, and even if *you* don't get it, that doesn't make it invalid or give you the right to deride it. You're just showing your ignorance and closed-mindedness.

I bet you wouldn't be so quick to be snide if it was a Koran someone was quoting. Your sad prejudice is one of the only "politically correct" ones out there. There's no point in trying to discuss this with you.

 

[DVCconvert]

robinb:

But (1) not everyone believes in the bible and (2) you don't need to be Christian to be moral.

1) I never said everyone does, and,
2) I never said that either.



Again, I cited that as an example (one which I thought alot of people would be familar with) as to the point of my position: fair transaction verses price gouging to the point that it harmed the seller and gave an unfair advantage to the buyer. That is one of the underlining messages from the "bibical" money changers reference (In case you're not familar with it).

When I said it's a "golden rule" sort of thing, that could also (properly) be viewed as an illustration that folks need not subscribe to a "me, me, me, I,I, I", philosophy. Personally I do not think that life need be conducted with the driving prinicple that it's "me" 'over' someone else.. As "I" do not consider myslef the center of the universe. I believe that people can conduct "business" in such a fashion that is fair to both the buyer and seller....giving the buyer a reasonable discount, will not cutting the "privates" off from a seller. I don't feel like I need to grossly diminish someone else to "win".

To me PERSONALLY, while not recieving a "distressed" room, to 'take advantage' of a situation so I get points which meaningfully benefit me at a serverly reduced price owing to someone else's "distress" is like kicking a person when they are down.

 

[RobDoc]

This thread has drifted far from the "Anyone Regret Buying DVC?" topic.

Please confine posts to the topic.

Thanks

 

[DVCconvert]

This thread has drifted far from the "Anyone Regret Buying DVC?" topic.

Bottom line? --Not in the least!

 

[bongo59]

i dont regret buying at all.................and i have no issues buying any and all points for 10 cents on the dollar from anyone for any reason.............most of the things i buy are bought in distressed sales of assets............from my houses to all my cars and my commercial properties............if someone thinks paying retail or wholesale is good fine..............it is not in my world. I go for th jugular if you expose it...............that is capitalism.............and i am a believer...............Disney exploits each and every one of us on every visit............ they are good businessman and women for getting us to do it.................i choose to let them do it to me.

 

[CND_Disneyfan]

We originally bought DVC in order to provide quality vacations for my family at WDW.


We had never thought of going to HH or VB. We tried both of them and fell in love with HH and enjoy Vero immensely.

We have not been to WDW in three years - but have had 5 vacations at HH and VB. We ask our kids year after year where they want to go (ages 10 and 12) and they choose the beach resorts because they are more intimate and they enjoy the kids programs.

I can tell you - you would be hard pressed to find a better value at either place - especially HH. The condos on either side of the Disney resort are selling for 400-500K.

So, I would say DVC has opened our horizons to other wonderful destinations.

Do you still feel this way? I don't always want to stay at OK (gasp) but wondering of others like HH & VB?

 

[disneychic]

I know a couple who regretted purchasing DVC...let me explain:

In 2000 while on our WDW honeymoon we joined DVC. In 2001 we added on points.

In 2002, another young couple who we were friends with wondered how we were able to vacation so often, Disney cruises, WDW trips, long weekends to Hilton Head, etc. We told them about the DVC. They were very interested. We explained everything to them, I think we even watched the DVC VHS tape (remember when they mailed VHS tapes!). Anyway, they were very excited after learning about the DVC. We gave them the phone number to or DVC Guide and they called him and joined over the phone that afternoon.

They planned their first DVC trip and a few months later took a 7 day WDW cruise and stayed someplace on property for a few nights (don't remember which resort they stayed at). When they got back they told us they had a great trip.

A month or so later they told us they'd sold their points with the TSS! They said they just weren't into the "disney thing" and they'd never use it.

It made me realize then that not everyone was going to get "it". My husband and I are both Disney nuts, my parents - nuts, my brother - nuts, my best friend and her husband - nuts. I guess it was just weird to me that some people don't see how great this is. We just added on more points this year at SSR. We just love Disney, & DVC. It is a great program and we are thrilled that we are DVC members!

 

[ZerasPride]

Hilton Head is our home resort and we love it there! We have been members since 2001 and do not regret our purchase at all. My husband is not the Disney fan but loves me and knows I love Disney and DVC so agreed to a purchase but only if it was "off site". We visited HH on cash and after the first day he was convinced DVC HH was for us and was ready for a purchase!

I am trying to talk him into a small (50 point) contract when the villas open at the California resort but I won't push it. We love our membership, love the choices, love Hilton Head in the late spring/summer with family and know we'll need the 11 month window to book our grand villas. I love staying on-site and we are usually very flexible with our travel dates and love SSR so I'm not too worried that we will be able to get something at the 7 month window for our every 2 year or so on site trips.

 

[wildernessDad]

I do not regret my purchase. Granted, I am a relatively new DVC member, but I've loved most things Disney (not all things) starting at a very early age. I love being able to take vacations at WDW every year. People need some time off and it's nice to immerse myself in the Disney magic. It won't save me money, but it's better than laying out cash for something like this every year.