Did you overthink your DVC purchase?

[take36]

I didn't think much for my first purchase and maybe lucked out on a great experience. Given all the new restrictions, much higher price point (even inflation adjusted), and higher demand resulting in harder to get rooms, it is definitely a good idea to "overthink." This is before you have to consider the new properties "on site" such as the four seasons that rival and surpass some DVC properties and the whole ordeal with COVID and contingencies.

DVC is a lot of money and a huge commitment and contrary to what the latest DVC fan video might suggest, yearly dues are a big deal and you must be ready and able to pay them.

 

[nicunurse]

Totally overthinking it as we speak. We have wanted to buy dvc for so many years but I kept saying the price of the fees are what we have been paying to rent other peoples points for years. I stalk the boards and grab people off loading last minute points for a song... this last trip was $10/point. So its been hard convincing ourselves to go all in.

We put in an offer on AKL this past week it was a 160 point contract with 10/22-2/23-160/24 contract we offered $90/point and was accepted.

Now we are wondering what the heck we have done...

 

[Stargazer65]

Now we are wondering what the heck we have done...

You let the genie out of the bottle

 

[rkrose1]

Congratulations! Seems like a great buy!

OP is right about letting the Genie out of the bottle, though. At least you won't have to stalk the last-minute deals as much now.

Enjoy!

We just added on today, too.

 

[grahf1234]

Have been thinking about joining dvc for a few years, but not strongly enough to actually do it. Been renting points for years now and feel very comfortable with the process, it has always worked great.
I've done the math so many times for our case, would barely break even after 11 years at best compared to renting, and if I take into account opportunity cost then it's never.
But I'm starting to realize it's not just dollars and cents that go into such a decision, that's why I keep thinking about buying into it even though the math isn't great. Honestly I can't even put my finger on what it is exactly, maybe it's the power to do my own reservation, or the discounts and sorcerer pass, or knowing at least the stay at a resort has already been prepaid when I plan our next trip, etc. Of course there's also serious fomo being generated from these summer incentives, and at vgf at that.
In my case, it feels like it's mostly or almost purely an emotional decision than it is a financial one.
Planning on pulling the trigger right before this round of incentives expires, just in case they have something better after 9/11!

 

[rkrose1]

Have been thinking about joining dvc for a few years, but not strongly enough to actually do it. Been renting points for years now and feel very comfortable with the process, it has always worked great.
I've done the math so many times for our case, would barely break even after 11 years at best compared to renting, and if I take into account opportunity cost then it's never.
But I'm starting to realize it's not just dollars and cents that go into such a decision, that's why I keep thinking about buying into it even though the math isn't great. Honestly I can't even put my finger on what it is exactly, maybe it's the power to do my own reservation, or the discounts and sorcerer pass, or knowing at least the stay at a resort has already been prepaid when I plan our next trip, etc. Of course there's also serious fomo being generated from these summer incentives, and at vgf at that.
In my case, it feels like it's mostly or almost purely an emotional decision than it is a financial one.
Planning on pulling the trigger right before this round of incentives expires, just in case they have something better after 9/11!

The VGF incentive got me. I watch all the resale emails every day. With opportunity cost figured in, I may or may not break even. Even with opportunity cost, most of our stays calculate out to being less $$ than a moderate resort with current discounts, so that makes me feel better about it. The decision was at least half emotional, though. We chose this direct purchase to have home resort booking on the monorail, the direct cost was less than resale for one of those resorts after all incentives, and we wanted to avoid resale restrictions for the newer & future resorts. Plus we wanted to add our daughter so she can have membership extras, without retitling our BLT contract.

Good luck with the decision. It's excruciating (at least for me).

 

[Imurhuckleberry]

Nope!

"People have a great deal of anxiety about making decisions. Did I think this over long enough? Did I take enough data into consideration? And if you think it through, you find you never could take enough data into consideration. The data for a decision for any given situation is infinite"

"Every path is the right path. Everything could've been anything else. And it would have just as much meaning."

 

[Cybertruck]

For our original purchase I researched for almost a year (I will let others judge me). I am looking at my next purchase (late 2024). Stalking the forums for about a month now. We really want the new Poly (resale assumed, but incentives could change that). What I have concluded so far (of course in few months I will see if I am right). Poly 2 will be a new association (my reasoning is adding to the existing associate is about 40 years and DVD will not market it as a 40 year property).

It will have resale restrictions. We can only stay at Poly 2 (there are worse first world problems).

Our existing SSR (Blue Card) resale contracts will continue to be our SAP until 2054. I will expire before that date unless AI finds a way (Futurama Head in Jar is what we are waiting for).

 

[take36]

For our original purchase I researched for almost a year (I will let others judge me).

I've been following/researching/trolling since VDH was but a hint and have yet to add on so I cannot judge you!

Best of luck on your Poly, for what its worth I think Poly 2 will be a better and fantastic DVC and even with resale restrictions you will want to stay there anyways (especially since you got a Blue card already) and resale value/demand on Poly will always be popular as a monorail and original (yes the tower is not original but you get the point) with or without restrictions.

 

[Chili327]

Currently, trying not to. lol

 

[jimmymc]

No, probably the opposite. I saw a contract with my ideal points, home resort, and use year, for a great price from an international seller, and jumped on it.

I think the biggest hesitation would be knowing that I was actually going to use the point 5+ years down the road. There's always the thought that you might not want to go to Disney as often in the future. However, I felt comfortable buying in because I knew I could resell the contract and get most if not all of my money back, plus the point rental market is strong. That's actually the exact reason I didn't buy at Hilton or Marriott, even though they theoretically offer more places to stay.

 

[hockeydad21]

We started giving DVC a look back in spring 2022. It took me about 2 months of diligent research to determine it was a good investment for our family, while it took my wife about 5 months to get onboard. Sort of odd, but me and my wife aren't huge "Disney people", which is what held up my wife for so long.

My wife and I always viewed the standard "Disney vacation" as 4 parks in 5 or 6 days. It'll cost you $$$$$$ and mom/dad/kids would be miserable, overtired, and so happy all at the same time. This didn't really appeal to us. We never wanted to do the traditional "Disney vacation" every year, because we just don't enjoy running ourselves into the ground doing all the parks every time. That's not relaxing enough for us. But DVC opened a door for us that we didn't really know existed. DVC allows us to stay on Disney property at affordable prices without being tied to a ticket package? Sign us up! We absolutely love the hotels, the restaurants, golfing, the safety, the hospitality, and of course the option to do 1 or 2 parks per trip while the kids are still very young. We'll worry about the more park intensive trips 5+ years from now, but even then we'll make sure we sprinkle in relaxing resort/pool/recreational days.

Once we decided we were going to do it, we waited for the perfect contract for us and bought 330 Poly points in cash about 7 months after we started our research. Our kids will only be so small for so long, and it moves quick as I've seen with my niece and nephew. Enjoy your life now, because you never know what tomorrow will bring.

Not one regret thus far.