Lil Micky
Earning My Ears
- Joined
- Jan 16, 2024
- Messages
- 20
We're new to DVC but jumped in the deep end (bought VDH direct + AUL resale). We're not "Disney adults" (yet anyways) - I've only been to DLR 2x and never WDW. I just know when I like something and want to commit; my wife and I dated for 6 months, were engaged for less than a week, and are going on 10 years strong.
I have no problems talking about it - I told all of our friends and family but we also want to use our points to bring them on trips with us. I got a kick out of the initial reactions from people because I have a reputation for being intelligent and financially savvy, which doesn't line up very well with their mental models of a timeshare purchaser.
I still tell them they probably shouldn't buy a timeshare, definitely to never finance one, and about resale or renting for a more economical entry point. If you are considering buying, limit yourself to single-digit % of your net worth. Use things like Welcome Home/Magical Beginnings and CC points to bring down the cost of direct. Etc.
I also share my rationale behind DVC specifically and what separates it from the aggressive timeshare pitches and terrible contracts they've been warned about for decades by pop culture. DLR gets ~17.5M annual visitors and only has two deluxe branded resorts; one of them (VGC) is the only resort in any major program that I'm aware of where resale value exceeds the average cost of new direct sale points in the network. WDW gets ~58M and has twelve. No other hotel chain has that kind of draw or brand power, and that (IMO) is why DVC is the only major program to "only" lose half its value at resale.
Lastly, I don't give a !@$% what they think about my decision to commit to annual trips to Disney and Hawaii with my family. Haters gonna hate. ¯\_(ツ)_/¯
I have no problems talking about it - I told all of our friends and family but we also want to use our points to bring them on trips with us. I got a kick out of the initial reactions from people because I have a reputation for being intelligent and financially savvy, which doesn't line up very well with their mental models of a timeshare purchaser.
I still tell them they probably shouldn't buy a timeshare, definitely to never finance one, and about resale or renting for a more economical entry point. If you are considering buying, limit yourself to single-digit % of your net worth. Use things like Welcome Home/Magical Beginnings and CC points to bring down the cost of direct. Etc.
I also share my rationale behind DVC specifically and what separates it from the aggressive timeshare pitches and terrible contracts they've been warned about for decades by pop culture. DLR gets ~17.5M annual visitors and only has two deluxe branded resorts; one of them (VGC) is the only resort in any major program that I'm aware of where resale value exceeds the average cost of new direct sale points in the network. WDW gets ~58M and has twelve. No other hotel chain has that kind of draw or brand power, and that (IMO) is why DVC is the only major program to "only" lose half its value at resale.
Lastly, I don't give a !@$% what they think about my decision to commit to annual trips to Disney and Hawaii with my family. Haters gonna hate. ¯\_(ツ)_/¯