Songbird56
Earning My Ears
- Joined
- Nov 18, 2015
- Messages
- 1
We like to cruise a whole lot more than we like the parks (not that we don't like the parks)... would DVC be a good idea for us?
We like to cruise a whole lot more than we like the parks (not that we don't like the parks)... would DVC be a good idea for us?
I was thinking along the same linesOnly way I see DVC working out for you is if you stay at the parks before and after your cruises. A small contract for those short stays might be beneficial.
Like others have said, a contract where you intend to spend all your points on non-DVC resorts is a net loss for you.
Or if you do like doing the parks every now and then rent out the unused DVC points to help pay cash for a cruise. If I never went back to WDW again I would still make money renting out even after paying the annual maintenance fee.Only way I see DVC working out for you is if you stay at the parks before and after your cruises. A small contract for those short stays might be beneficial.
Like others have said, a contract where you intend to spend all your points on non-DVC resorts is a net loss for you.
That's only true if the market stays stable. And it's a terrible asset allocation. ROI on renting out points is somewhere in the 11 to 13 year range. You'd do much better with just about any other investment.If I never went back to WDW again I would still make money renting out even after paying the annual maintenance fee.
Never under any circumstances would buying DVC for cruising be reasonable, never has been and likely never will be. It's a bad trade, you have to pay retail to do so, and the cash type exchange are not guaranteed in any way. Three strikes and you're out.We like to cruise a whole lot more than we like the parks (not that we don't like the parks)... would DVC be a good idea for us?