DH doesn't get "home resort" necessity

[crisi]

I don't agree with this. If you are the sort of person who would be staying in Deluxe rooms onsite at least semi-annually without DVC, then DVC can give you the same quality room for a much lower price point, or a much nicer room at a similar price point. This is using an amortization rate of 8%, which is quite conservative.

If you are the sort of person staying in Deluxe rooms onsite at least semi-annually, you aren't making decisions based off long term financial benefit. You are making decisions - like we all do - that balance financial decisions with decisions made that give you emotional pleasure. Which is why saying "you should make this decision because its the best financial decision" is sort of useless. The BEST finanicial decision is STAY HOME and put your money in some nice diversified investments. Once you decide that won't be emotionally fulfilling, its just a question of 'how much money are you willing to spend and for what experience.'

BTW, this is particularly interesting since the OP for this thread has had two trips in Value resorts - which doesn't mean she isn't a good candidate for DVC - just that she may be changing her priorities from financial to emotional.

 

[Brian Noble]

An economist would simply say that you are trying to maximize utility for minimum expenditures. And, there are absolutely times when buying DVC performs better on this metric than renting equivalent lodging.

All we're arguing over at that point is the utility function.

 

[itsreally4mommy]

Are you talking about years from now? Or could you be buying in a couple of months?

If I had my way we would have bought last week, LOL! We have a couple of credit cards we need to knock out, and a few expenses that have popped up like braces for older DD, etc. We had considered using a 401K that we just paid off since we wouldn't notice the payment. But it really would be better to be debt free w/the exception of our house. Right now I'm also in radiology school so that is costing money,time, income potential. But next May I'll be done and finally making money! Since we've always lived off DH salary my addition will be a great help on extras. So I'm thinking we'll have that debt wiped out + more $ coming in= DVC! Yet, I still can't pry myself away from these boards, live cams, brochures, etc. LOL.

True we've only been to WDW 2 times and at values. But trust me, if could have, would have LOVED to have gone more. DH surprised me w/his favorable response to WDW as well as his open attitude to DVC. Granted he isn't OCD about Disney like I am, LOL. He is a very budget conscious person, so he couldn't bring himself to book at the more expensive resorts. BUT this last trip left us crowded, stressed, and very sore backs from sharing the tiny Pop room w/2 growing daughters on awful beds. So we took the DVC tour @ SSR. Then on our own we rode over to AKL to check it out and it was like relaxation melted into us. We'd love to stay at these nicer resorts, but rack rate is quite the sticker shock.

I've considered renting to try out, but that really seems like throwing $ away that could be applied to our contract. My concern over 11mth window was my desire to visit @ Christmas, particularly VWL. I also thought BCV seemed to suit my love of the beach and SAB looked like lots of fun for my girls. Also to me having 2 baths seems important for a family w/2 DD, LOL.

 

[bobbiwoz]

Oh, you certainly have thought about this and have very good points. I'll bet that your DH will listen to what you say when the time comes to buy, especially since he too, noticed something special as you toured the DVC resorts at AKV and SSR. You sound like so many of us, you've expressed a desire for AKV, BCV and VWL as homes!

Best wishes as you finish your education! That's a great accomplishment!

Bobbi

 

[disneynutz]

Granted, renting could be thought of as throwing money away, I think of it as a smart move. You will probably spent $10,000 - $20,000 dollars on your purchase. Do you really want to spend that kind of money on something that you are not 100% sure of?

 

[alldiz]

Unless you travel at "peak" times.....I'm sure you will be able to switch somewhere. I've had 3 DVC trips....haven't stayed at my home yet.
I wanted to try them all so I just took what is available.....I was very satisfied with my stays.
Kerri

 

[Hollymom1229]

On our points since we bought them at SSR and AKV, the trips have been as follows.

Spring 2005 - Week in a studio at VWL
Fall 2005 - Weekend at OKW studio
Fall 2005 - 5 nights at Grand Floridian
Summer 2006 - Weekend at Disneyland Hotel
Fall 2007 - 7 nights in a 2 BDR and a studio at SSR
Winter 2008 - 4 nights in a studio at BWV

We'll be making our first trip to AKV this fall. As you can see with one exception only one of these trips was at a home resort. The only one I had to waitlist for was the VWL one, and the whole week came through.