DVC or rent DVC points?

[dgrayghost]

Hello Disney Fans, Im torn between purchasing a DVC or just renting points from a member like i have for the last three years. Can anyone give me the pros and cons for purchasing a DVC?

 

[hakepb]

Long term, if you continue to go to WDW every year, it would be cheaper purchasing DVC than renting. Purchasing gives you 100% control of your reservation.

renting is more flexible in terms of freeing up cash if you do not go to WDW (don't go, don't pay that year. If you own you always have member fees every year...plus if you financed, you have payments until the loan is paid off)

Members do get some perks (discounts) like $100 savings on an annual pass and some dining/spa/golf discounts, but perks should never be the reason you buy because perks come and go, sometimes with no notice.

 

[5forDiz]

You might want to consider a small resale contract to get your feet wet; you can do add-on(s) for as little as 25 points with cash (50 pt min with financing) if you find you'd like to increase the amount of points you own in the future and, presently, Disney doesn't charge closing costs/fees for add-on's.

Also, even with a small resale contract you get all the same benefits & any available perks that are currently available to all DVC members. It opens up more possibilities to you than relying on a rental from a member.

And you can transfer points in from another DVC member to your member account if you find that you needed additional points to book your trip
(1 transfer allowed per year per membership of either points into or out of your account) Transferred points are completely under your control - you call MS to make the booking with those points etc. or you can bank them for use in the following UY if they're still within their banking window - it's not like when you rent whereby that member controls the booking, reservation, etc. up until the time you check-in. And of course with banking you can have up to 2 yrs worth of your own points to use every other year and with both banking and borrowing up to 3 yrs worth every third year.

Best wishes on your planning

 

[Pakey]

Pros: They are your points, you can do with them what you want.

Cons: It's a long ownership. You are tied to it for a long time.

 

[franandaj]

While you do hold on to most of your money renting points, by purchasing you lock in the price of those points. You pay the cash and the price never goes up. I'm betting that the price you pay per point now is higher than the price per point you paid when you first started renting. Twenty years from now the price will be even higher, but if you owned the points the whole time, the price doesn't change.

My experience is that most people wish they had bought MORE points!