DVC annual dues come to over $18,000!

I don't count the buy in because you have to do that with any timeshare. But most timeshare and condo MF's are a lot higher than DVC MF's.
I wanted to respond to these 2 issues. Most timeshares can be bought for far less than DVC, often pennies on the dollar even top notch options. Also, DVC dues are generally around 30-50% higher than an otherwise comparable non DVC timeshare.
 
2.) Value resorts really ARE enough for us.

I have always thought the same.
Last week I was in Orlando and to save even more money I went off property, paying half than a Disney Value Resort (and breakfast included).

BUT

I went to Boma to eat and looked AKL. I simply felt in love.
Then I went to Cape May Cafè and felt in love with BCV too. And I disliked it from the pictures on the Internet, being there in person is completely different.

I've always been a Value person, but for a little more of what i pay for a Value (over the course of the membership) I will be able to afford a stay in one of that magic resorts.
I'm currently in the process to make offers for a small contract at AKV, in order to be able to visit WDW every 2 or 3 years and enjoy all the magic of DVC.
 
I thought the same thing! :rotfl:

OP, many people who usually stay at the values can't justify the cost of DVC. Many DVC members would otherwise be staying in a deluxe resort. The numbers work much more in DVC's favor if that is the case. :goodvibes

We also thought the same thing.

We stayed exclusively at Values before buying into DVC. It was very easy to justify the cost of DVC for us. The time of year we were able to travel prevented us from gettng the discounted off season rates. Now, with the various DVC perks (which I know can end at anytime) such as discounted APs, MNSSHP, discounts, dining discounts, wonderful accomodations, it would be difficult to go back to the values. This is a small amount but every little bit helps, we itemize our taxes and deduct that portion of our dues that is designated as property taxes on our statement.
 
I wanted to respond to these 2 issues. Most timeshares can be bought for far less than DVC, often pennies on the dollar even top notch options. Also, DVC dues are generally around 30-50% higher than an otherwise comparable non DVC timeshare.

I have two friends that have bought FIXED WEEK timeshares in Florida and both paid over 40,000 with annual "dues" of over 3 grand. Not sure what company they went through but I wouldn't even want a fixed week condo type deal and they paid and will continue to pay three times more than I will. So to me, buying RESALE DVC is a pretty good deal.
 

I've been kind of looking into DVC ownership too and I came across this program that calculates total cost of ownership. http://www.dvcproplan.com/buy.php

I have to admit it has kind of scared me away from wanting to own. I may just have to rent when we decide to go (which isn't every year anyway, but I would like it to be!).
 
I have two friends that have bought FIXED WEEK timeshares in Florida and both paid over 40,000 with annual "dues" of over 3 grand. Not sure what company they went through but I wouldn't even want a fixed week condo type deal and they paid and will continue to pay three times more than I will. So to me, buying RESALE DVC is a pretty good deal.
Your comparing a con job to DVC resale. Those same timeshare resale would be pennies on the dollar to a small ? of DVC resale depending on specifics. Lets talk more appropriate comparisons. Points at Wyndham's bonnet creek enough for a 2 BR for a full week any time of year will be somewhere in the neighborhood of $1-2K (or less) and yearly dues around $1000-1200 (some variability). A 2 BR at Marriott's Grande Vista can be bought for maybe $3K with dues around $1K, BG points to stay at the Fountains for $1K including transfers and yearly dues around $1100. All resorts are comparable to DVC and other than location, I think they are all as nice or nicer than OKW. Those 3 options also give you a lot of options that DVC doesn't. I'm not saying they're better overall, just that they are different and cheaper. You'd need to compare to 270-300 DVC points at around $15K resale and yearly fees in the $1500 range It's a little like when people live in a high cost housing area then move to a low cost one.
 
I always like to remind myself that the Contemporary was about $30/night when it opened in 1971...
 
/
We are very happy with our DVC purchase. However, we visit WDW often, and have a very small contract.

If the OP only wants to go to WDW every 3 years, IMHO he is right to NOT buy DVC.
 
If the OP only wants to go to WDW every 3 years, IMHO he is right to NOT buy DVC.

I'm looking to buy a small contract exactly to visit WDW every two or three year.
I've made an offer for a 65 points contract for SSR. Banking and borrowing I can reach about 200 point, enough to get around two weeks in a studio in low season every three years. I live in Italy so I won't come every year, but after visiting a few DVC resorts I know that I want to treat myself during my next travels to the World.
 
This has been a great, informative thread!

We've always been a value resort family but it's funny how things change over time.

My husband teaches at a physical college and a lot of part time online colleges. We just went to Disney and stayed off-site as usual (it was just the two of us for our anniversary), but he still had to work at his online schools.

To leave the park, drive back to the hotel for him to get a couple hours of work time in was a HUGE nuisance and we swore the next time we came we'd stay on site.

When you factor our 4 kids, the youngest being only 2 and the oldest almost 16, the needs are so varied that having the flexibility of staying on site added to our decision.

We listened to the presentation and knew that DVC was perfect for us. By the time our younger kids have outgrown the 'Disney Magic' our oldest could potentially have her own family.

We stuck to our guns about having VGC as our home resort and within three days we were able to buy 210 points. I kind of regret turning down the other 50 we could have snatched up, but, it is a lot of money and I want to make sure we enjoy it like we think we will before buying more points.

We just booked a big trip for next January and we are already planning Hawaii the following January! For our family, the time was right, the price - a little painful right now, but no buyers remorse here :rotfl:
 
To leave the park, drive back to the hotel for him to get a couple hours of work time in was a HUGE nuisance and we swore the next time we came we'd stay on site.
That would not be a deterrent to us. We drive most places even when we stay on property and don't find the resorts we consider off property much of a deterrent. In addition, they all have better pools than all DVC resorts except BCV and more activities than DVC resorts. We still prefer staying on property but it's mostly emotional rather than any other benefit. However, I think the last extended stay (4 days or longer) that we had on our own points was 5 years ago this past Dec. We've had maybe 20-30 units since then by other means, frankly, I've lost count.
 
I'm looking to buy a small contract exactly to visit WDW every two or three year.
I've made an offer for a 65 points contract for SSR. Banking and borrowing I can reach about 200 point, enough to get around two weeks in a studio in low season every three years. I live in Italy so I won't come every year, but after visiting a few DVC resorts I know that I want to treat myself during my next travels to the World.

The difference is that you are committed to or certain that you will visit Disney every 2 or 3 years. The OP did not seem to have that certainty.

I have a 100 point contract, and am a big advocate of buying small contracts. DVC is a real treat, and I believe that you will love your purchase as much as I do. I will offer this advice. Do try to schedule your trips early in your UY if you can. That will allow you to reschedule if life has some unexpected twist. My one concern with buying points to go EOY or every 3rd year is that something could happen that would make it impossible for you to go...and then you might lose your points.

Travelling early gives you the flexibility to reschedule, rent, etc.
 
That would not be a deterrent to us. We drive most places even when we stay on property and don't find the resorts we consider off property much of a deterrent. In addition, they all have better pools than all DVC resorts except BCV and more activities than DVC resorts. We still prefer staying on property but it's mostly emotional rather than any other benefit. However, I think the last extended stay (4 days or longer) that we had on our own points was 5 years ago this past Dec. We've had maybe 20-30 units since then by other means, frankly, I've lost count.

So what other timeshares do you recommend, the ones you mentioned in your other post? Do you recommend points vs weeks? We do travel to wdw 1 - 2 times a year during difficult times and I have yet to see through RCI accommodations the weeks we need to travel although this will change I am sure once all DD's are out in a few years. My parents own Wyndham Points plus gold and that is where I see the DVC inventory. I was so tempted to snag the GV at SSR on the site but cannot travel the week it is available. Just got my DD and friends a 2 bdrm BWV thru RCI in July and that got me thinking about other timeshares. DH and I also love to travel to Vegas, California and Europe. Any suggestions are appreciated.

Thanks
Denise
 
So what other timeshares do you recommend, the ones you mentioned in your other post? Do you recommend points vs weeks? We do travel to wdw 1 - 2 times a year during difficult times and I have yet to see through RCI accommodations the weeks we need to travel although this will change I am sure once all DD's are out in a few years. My parents own Wyndham Points plus gold and that is where I see the DVC inventory. I was so tempted to snag the GV at SSR on the site but cannot travel the week it is available. Just got my DD and friends a 2 bdrm BWV thru RCI in July and that got me thinking about other timeshares. DH and I also love to travel to Vegas, California and Europe. Any suggestions are appreciated.

Thanks
Denise
Since this is a DVC BBS, I'll try to keep this short and general though much of the info will apply to DVC members looking to exchange out as well. I feel there are 2 extremes when people travel. There are those that are most interested in location and those that are most concerned with the resort itself. Most are likely somewhere in between but more to one end or the other. We are definitely resort quality oriented and we are not simply interested in a place to sleep. Some would call us timeshare snobs. We have a definite floor in resort quality we don't want to be below. With that focus in mind, I will tell you the resorts in the area that I am happy with and some that are somewhat borderline. I've seen most and stayed at many but not all of them. Others may want to add their own info and experiences.

My yes group includes:
Marriott Grande Vista
Marriott Lakeshore Reserve
Marriott Cypress Harbour
Marriott Harbour Lake
All 3 Hilton's
The Fountains including Oasis Lakes.
All DVC resorts
Bonnet Creek

Maybe's include
Holiday Inn (formerly Orange Lakes)
Summer Bay
Liki Tiki
Silver Lakes?
Vistana Villages
Westgate Lakes and a couple of the other Westgates (maybe)
Worldmark
Star Island ?
Vacation Villages ?
3 Marriott's on World Center property

Ones I avoid that might interest others or that may have promise but I don't know enough to make a judgement.
Vistana
Cypress Pointe
some Westgates
some Wyndham's
2 other Bluegreen options
Magic Tree
Gardens
Grande Beach
Silverleaf
Regal Palms

These are to stay at, ownership options would be somewhat different.
 
eh, but you can rent points or sell. you are not committed for life.

Yes, but there is no guarantee that someone CAN rent or sell. We don't know what points will go for- the more saturated the market, the lower the points go for. Then you have to find a buyer and be comfortable with the process. Same with resale- she might not get her money back when selling depending on demand and the economy.
 















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