DVC - US Dollar = Purchases ?

[holidaygirl]

Anyone tempted to puchase more DVC points now that the dollar is almost par!!!!!! What to do?

 

[Gigi22]

I came to the conclusion that DVC membership is just not in the cards for DH and me, we are just too ancient to make it a practical choice, and we don't vacation with Disney often enough to get the best bang for the buck from the investment. But--the possibility of renting DVC points still looks interesting!

 

[stefanospops]

We did an add on of 125 points AKL when they had their recent incentives. I financed them through Disney while I wait for the Can$ to increase. I plan on paying them off in the next 6 months. If the dollar does what people say then we could be above par by 5 cents or so in the next little while. So YES! We did!

 

[Nahanni]

Trying to convince DW we should buy in if we find the right resale contract.

I think the annual fees are reasonable so our hurdles are initial purchase cost (to spend discretionary funds during economic uncertainity - but get a great deal) and ongoing travel costs to MCO (can't count on deeply discounted airfares from YYZ or BUF, and not sure if we want to be regular road trippers at March break).

 

[papertraveller]

Don't think we'll be getting extra DVC points just yet, but I'm definitely picking up some extra cash.

 

[disneymath]

I just bought in to DVC at the end of September ... I have to admit I did spend a moment thinking "so how much more could I have saved if I had held off two weeks longer" - but the exchange rate I got in September was decent, so I'm not dwelling on it.

That said, if the dollar continues to do well, I'll be stocking up the US savings account to cover dues for the next few years!

One of my "hmmm's" about buying in was that DVC is "foreign" real estate for Canadians ... and who knows what the CAD or USD will do down the road. Hence my plan to buy and save US$ whenever the rates are good.

 

[yxe dad]

I'm thinking of adding on, on our Jan trip, maybe some points for Hawaii.

 

[stefanospops]

I just bought in to DVC at the end of September ... I have to admit I did spend a moment thinking "so how much more could I have saved if I had held off two weeks longer" - but the exchange rate I got in September was decent, so I'm not dwelling on it.

That said, if the dollar continues to do well, I'll be stocking up the US savings account to cover dues for the next few years!

One of my "hmmm's" about buying in was that DVC is "foreign" real estate for Canadians ... and who knows what the CAD or USD will do down the road. Hence my plan to buy and save US$ whenever the rates are good.

To me DVC is like a giant US Dollar bank account. Even if the values decrease for DVC on the resale market, when the US economy recovers the CAN$ is certainly to fall at 10% against the US$. That offsets the decrease in value of the points on the resale market, and if the dollar goes back to levels of 70 cents then I am looking at a 30% increase in the value of those points. Of course, all this depends on me selling my contracts which is unlikely to happen in at least the next 5 to 10 years.