Best way to buy dvc?

[waltdisneymom]

Where will we get the best deal on DVC? Is there any purchase location where they will throw in something extra? WDW? On a cruise? Disneyland? Etc. thanks

 

[Minniesgal]

Not usually any extras

For us the best way to buy was resale in small parts build up gradually paying cash each time

 

[DVC Mike]

In the past, DVC offered different deals at different locations. However, that doesn't seem to be the case anymore.

The best deal is likely resale, in most cases.

 

[chalee94]

yep, resale is the best deal.

 

[browniemtb]

Buying re-sale will net you a better price per point. But re-sale contracts can be stripped of points and have none availble for a year or 2 depending how the previous owner used them. If you buy direct you pay more but will get points right away and depending on UY a new batch as well.

 

[DVC Doctor]

Best deal and lowest price are not always the same thing

Best deal is from Disney as it is guaranteed and the prices and promotions are pretty standardized across all sales channels

Best price is via resale and you will have to put in considerable time and need some luck as there is no one best reseller

 

[Snow White 77]

I see that it can sometimes cost $15,000 or more for the points. Do they accept payments or do you have to pay it all at once? just curious.

 

[Sparrow624]

You can go on a payment plan direct through Disney. It has a very high interest rate though. You can also do payments resale but must secure a lender first.

 

[Sharon526]

Question for you guys... Say I'd like to go to Disney every three years, can I bank and borrow and use three years worth of points in one shot if I want? I always go at the end of August, so should I avoid contracts with September -December use years, or does that not matter?

 

[supersnoop]

Question for you guys... Say I'd like to go to Disney every three years, can I bank and borrow and use three years worth of points in one shot if I want? I always go at the end of August, so should I avoid contracts with September -December use years, or does that not matter?

That's correct, but you'll need to be careful with your points. By going every three years, you could easily strand some points. If you have 50 points, you'd bank and borrow to book with 150. What if the room is only 148? Those extra two points can't be moved to support an every-third-year trip.

Use year is "free insurance" if you ever need to cancel or waitlist a stay. Doing either of those late in your use year gives you very little opportunity to rebook or otherwise use the points before they expire.

 

[Sharon526]

Yes, I made a change a day before and I lost 4 points. I would have been angry if it was a lot but 4 is ok....

As for use year, I ran into a problem using two contracts because one was December and one was February and I wasn't allowed to use banked 2013, 2015 and borrow from 2015 AND then use my February contract and borrow 2016 points because that would have spanned 4 years, even though February was "close". Will it not matter if it's all in one contract?

 

[Dean]

Question for you guys... Say I'd like to go to Disney every three years, can I bank and borrow and use three years worth of points in one shot if I want? I always go at the end of August, so should I avoid contracts with September -December use years, or does that not matter?

Every 3 yrs pushes the envelop of reasonableness, I'd say it's rare that a true every 3 yr plan is worth buying for. If I decided to buy and always go August, I'd buy an August UY or not buy at all. There are just too many issues that can come up for the one specific trip.

 

[Rovim]

Every 3 yrs pushes the envelop of reasonableness, I'd say it's rare that a true every 3 yr plan is worth buying for. If I decided to buy and always go August, I'd buy an August UY or not buy at all. There are just too many issues that can come up for the one specific trip.

I just purchased a 90 point contract for SSR. I intend to use every other year for WDW trips. I also intend to use it for Aulani but will use three years of points. Within the first five years I should recoup about 70% of my purchase price so it could work.

 

[DenLo]

Yes, I made a change a day before and I lost 4 points. I would have been angry if it was a lot but 4 is ok....

As for use year, I ran into a problem using two contracts because one was December and one was February and I wasn't allowed to use banked 2013, 2015 and borrow from 2015 AND then use my February contract and borrow 2016 points because that would have spanned 4 years, even though February was "close". Will it not matter if it's all in one contract?

You can only use three years in a reservation. You could make separate reservations for each membership and use different years with the other member number as it's UY had already moved into another year.

When we purchased Aulani we were thinking we would want a different UY as we usually went to Aulani in the fall or winter. Our UY for our other DVC contracts are all February. After we purchased the new Aulani with an October UY, we ran into problems because we wanted to transfer the current 2012 points to our other member number and found that the February UY had already changed UYs to 2013 so we could not transfer the points. We realized then that having two memberships with UYs so far apart was not working for us. We had the direct purchase contract changed to our February UY since we just bought it a couple of days earlier.

 

[Dean]

I just purchased a 90 point contract for SSR. I intend to use every other year for WDW trips. I also intend to use it for Aulani but will use three years of points. Within the first five years I should recoup about 70% of my purchase price so it could work.

I think EOY is far different than every third year. I don't see how it's possible to recoup 70% the full investment in 5 yrs. You must be doing several things different than I would. Are you ignoring any direct costs such as dues, are you using DVC rack rates as your comparison, are you ignoring the time value of money? All would be the opposite of how I'd approach it.

 

[Rovim]

I think EOY is far different than every third year. I don't see how it's possible to recoup 70% the full investment in 5 yrs. You must be doing several things different than I would. Are you ignoring any direct costs such as dues, are you using DVC rack rates as your comparison, are you ignoring the time value of money? All would be the opposite of how I'd approach it.

I double checked and you are right. My numbers are off. I would love to hear your thoughts on my approach. Total cost is $8500. I plan to rent 2015 points at $11/ a point. My first trip would be 2017. I plan on using 180 points. To rent points I would pay approx $2,520. Two years of dues will be approx $964. I figure I would save $1558. The trip after will hopefully be at Aulani. To rent 270 points I would be spending $3780. Dues for three years will be approx $1575. I will save approx $2,205. Adding up the savings and income from renting it totals $4753 which is approx 56% of purchase price. Not quite 70% but not too bad. I think I will break even somewhere under 10 years. Yes, you are correct that I didn't include TVM. I tend to be conservative and have taxable funds sitting in a MM earning very little.

 

[disneynutz]

I double checked and you are right. My numbers are off. I would love to hear your thoughts on my approach. Total cost is $8500. I plan to rent 2015 points at $11/ a point. My first trip would be 2017. I plan on using 180 points. To rent points I would pay approx $2,520. Two years of dues will be approx $964. I figure I would save $1558. The trip after will hopefully be at Aulani. To rent 270 points I would be spending $3780. Dues for three years will be approx $1575. I will save approx $2,205. Adding up the savings and income from renting it totals $4753 which is approx 56% of purchase price. Not quite 70% but not too bad. I think I will break even somewhere under 10 years. Yes, you are correct that I didn't include TVM. I tend to be conservative and have taxable funds sitting in a MM earning very little.

Not included in your figures are the current negative issues with the DVC. In theory you are saving money on a deluxe room, if you don't need a deluxe room a moderate or value may be a better fit. As far as DVC being a deluxe resort/room, while you may be at a deluxe resort, many of the rooms are in dis-repair and over due for rehabilitation. DVC also has some major website issues that seem to come and go with the wind. Some reservation functions require a phone call to MS and call wait times have been as long as 40 minutes.

Bill

 

[Rovim]

Not included in your figures are the current negative issues with the DVC. In theory you are saving money on a deluxe room, if you don't need a deluxe room a moderate or value may be a better fit. As far as DVC being a deluxe resort/room, while you may be at a deluxe resort, many of the rooms are in dis-repair and over due for rehabilitation. DVC also has some major website issues that seem to come and go with the wind. Some reservation functions require a phone call to MS and call wait times have been as long as 40 minutes.

Bill

Thanks Bill. We prefer the deluxe 1bd room or 2 bd room. We have stayed off site, and know there is a premium to being onsite, but we feel it is worth it for us. I was looking at a Hilton, but DVC has maintained its value fairly well. Past performance is no guarantee for future performance and we do not intend to sell, but we like the flexibility to rent points(at a profit) if we need to offset costs.

 

[Dean]

I double checked and you are right. My numbers are off. I would love to hear your thoughts on my approach. Total cost is $8500. I plan to rent 2015 points at $11/ a point. My first trip would be 2017. I plan on using 180 points. To rent points I would pay approx $2,520. Two years of dues will be approx $964. I figure I would save $1558. The trip after will hopefully be at Aulani. To rent 270 points I would be spending $3780. Dues for three years will be approx $1575. I will save approx $2,205. Adding up the savings and income from renting it totals $4753 which is approx 56% of purchase price. Not quite 70% but not too bad. I think I will break even somewhere under 10 years. Yes, you are correct that I didn't include TVM. I tend to be conservative and have taxable funds sitting in a MM earning very little.

That does sound more feasible. Is the $8500 including closing costs and dues reimbursement? I do think that one should include the TVM. I also feel that the only 2 reasonable comparisons are the rental price and/or what one would have paid without DVC. I think both should be considered. The other issue is you actually have to add one year to your initial figures because you've already used that year's worth of ponits. But I do think you're looking at it

 

[Rovim]

Yes, $8500 is with closing costs. Seller paid dues for 2015 and is not asking for any reimbursement. In December I will receive the 90 points to use. Since I am not using them I will rent them out to bring my cost down to $7500. It was nice to see 2015 points with this contract. There are a couple of websites with a large amount of stripped contracts with points not available until 2017 selling in the $90 to $100 point range. Without DVC I would not pay cash rates for a 1 bedroom or 2 bedroom villa since they are so expensive. We would rent via David's or get two separate rooms at a Deluxe. We tend to go in August where you can get deals, but two rooms with tax would cost close to $500 a night.