Complete newbie....how does this work?

[craz4dogs]

How would we find out if there is any to rent, how much it costs, etc? Can you still be eligible for free dining?

Can someone point me in the direction to find out the basics. Thanks in advance

 

[DenLo]

Rent/Trade Board

http://www.disboards.com/forumdisplay.php?f=29

How to use the Rent/Trade Board

http://www.disboards.com/showthread.php?t=2647748

 

[chalee94]

How would we find out if there is any to rent, how much it costs, etc?

here are the point charts for the different DVC resorts:

http://www.wdwinfo.com/disney-vacation-club/DVCpoints.shtml

Can you still be eligible for free dining?

nope. not on a points stay. not ever.

 

[ccgirl]

I rented points for the first time this trip. I calculated the points needed, using the chart, for the week I wanted. I then kept an eye on the rent/trade board until an owner posted points for rent. They, then, checked the availability. Every owner is different as to what they require. Mine required a check for 50% as soon as the reservation was made and the rest 10 days after that. They had a contract. Although you cannot get "free dining" you can pay for the dining plan. The DVC owner has to add that though. Please note that you do not "own" the reservation, the DVC member does, so WDW will not give you any info or make any changes. Everything has to be done thru the DVC owner.

Good luck.

 

[Deb & Bill]

How would we find out if there is any to rent, how much it costs, etc? Can you still be eligible for free dining?

Can someone point me in the direction to find out the basics. Thanks in advance

Stays on DVC points are never eligible for free dining or 40% off or any of the Disney deals. You only get those getting a reservation directly from Disney. When you "rent points", you are purchasing a reservation that an individual made with their DVC points. So you are working with an owner and Disney isn't involve in any way.

 

[DebbieB]

Free dining requires a full price room purchase. DVC rooms are not full price (otherwise, why would you want to rent?).

 

[magicaldisney]

Also, if you will be using Magical Express, the DVC owner will need to arrange that for you as well.

 

[Sammie]

The easy way to think of it is, that Disney offers free dining, Disney offers package discounts, Disney offers daily housekeeping and an easy and full cancellation policy.

You are not dealing with Disney you are dealing with a person and that person will own the reservation until you check in.

They will have to set up the dining plan which must be paid at the time of booking if you want it. They will have to set up Magical Express if you need it. They will make any requests you want to add to the reservation.

Payment in advance and no cancellations on most all rentals.

Find someone you trust and easy to communicate with.

 

[magicaldisney]

The easy way to think of it is, that Disney offers free dining, Disney offers package discounts, Disney offers daily housekeeping and an easy and full cancellation policy.

You are not dealing with Disney you are dealing with a person and that person will own the reservation until you check in.

They will have to set up the dining plan which must be paid at the time of booking if you want it. They will have to set up Magical Express if you need it. They will make any requests you want to add to the reservation.

Payment in advance and no cancellations on most all rentals.

Find someone you trust and easy to communicate with.

Excellent way to explain it and easy to understand. Thanks for chiming in!!

 

[Chicago Mo]

I do not know where to post this... I am just learning all about time shares... We recently went to a time share thing. and Disney was on there..
is it better to go threw DVC or another company? i am spliced. the other company is saying i can but the share ANYWHERE and yet id i wanted to take a vacation at Disney it would only cost 345. a week stay...
i thought i would bring it to the experts..

 

[chalee94]

I do not know where to post this... I am just learning all about time shares... We recently went to a time share thing. and Disney was on there..

IMO

1) don't buy ANY timeshare until you've done at least 6 months of research. (i recommend going to http://tug2.net/)

*timeshares are typically very easy to buy but very difficult to sell. (DVC is currently a little easier but that could change.)

*you almost always want to buy resale rather than directly from the developer - the perks of buying direct never offset the savings of buying resale.

2) there is DVC and there are other orlando timeshares. DVC is more expensive but is the only timeshare actually onsite at wdw. (that includes all onsite benefits like DME (bus service from the airport), extra magic hours at the parks, and free parking at the parks)

when you buy (any) timeshare, you will have access to last minute deals in orlando at different timeshares. you will never be able to stay in a DVC resort for $350 per week, but you might score a nice offsite timeshare for around that price if you are flexible.

(but your annual dues for the timeshare you buy will likely run at least $600 - $1200 each year for a 1 week ownership.)

 

[Sandisw]

I do not know where to post this... I am just learning all about time shares... We recently went to a time share thing. and Disney was on there..
is it better to go threw DVC or another company? i am spliced. the other company is saying i can but the share ANYWHERE and yet id i wanted to take a vacation at Disney it would only cost 345. a week stay...
i thought i would bring it to the experts..

If your goal is to go to WDW with the timeshare on a regular basis, then you do want to look in to whether or not DVC is the program for you.

You can buy on the resale market and save a lot over buying directly through Disney. If you buy with another timeshare program with the hopes to trade in to DVC often, I think you have to do more research on how that would really work.

Good luck!

 

[Chicago Mo]

Thank you! i will start the research now!

 

[ccgirl]

I do not know where to post this... I am just learning all about time shares... We recently went to a time share thing. and Disney was on there..
is it better to go threw DVC or another company? i am spliced. the other company is saying i can but the share ANYWHERE and yet id i wanted to take a vacation at Disney it would only cost 345. a week stay...
i thought i would bring it to the experts..

I agree with the others. Start your research now. Might you want to go somewhere other than Disney? For example, we purchased a timeshare in Hawaii for a fraction of the cost of DVC. The maintenance fees are piddly compared to DVC. Yet, I can trade my studio Hawaii for a 2BR at DVC for just the trade fee of $135. Yes, I know DVC is currently trading to RCI and that might change but I'm willing to save the money and take the "risk". There are so many other great timeshares in the Orlando area as well and we are not of the mind set that we have to stay on property. Definitely look at the tug website another poster gave you the like for. There is deed vs. non-deeded, the location of the timeshare and the week are also important as that affects trade value. Not all timeshares are created equal. For our family, it has been great. We don't mine planning ahead.

Good luck.