Explain this to me please!

[GrowingUpDisney]

Ok...someone explain to me how you buy into DVC and how much points are - in English!

 

[luvindisneyworld]

Okay this is the current promo that running for 2 more weeks from Disney if this is what you are asking.If you have any other questions just let me know and I will try and answer them and I can give you a referral for the current promotion if you decide you need one.I hope this answers some of your questions.

New Member Deals With a Referral
2 different options

option #1
160 pt minimum purchase
$96 per point net ($104 - $8 off incentive) at Animal Kingdom Villas
$94 per point net ($104 - $10 off incentive) at Saratoga Springs
One-time bonus of 100 Developer's Points

option #2
225 pt minimum purchase
$96 per point net ($104 - $8 off incentive) at Animal Kingdom Villas
$94 per point net ($104 - $10 off incentive) at Saratoga Springs
One-time bonus of 160 Developer's Points

Ok...someone explain to me how you buy into DVC and how much points are - in English!

 

[browniemtb]

Simple......points cost anywhere from $92 to $101 or so from Disney. Each year you are alotted points for your WDW stays. Points per stay can vary, see the DVC point chart link at the top of this page. Minimum purchase is 160 points with Disney, resale there are no minimums.
Brownie

 

[Chic]

You can buy into DVC directly through Disney or you can purchase a resale through one of a few brokers. Everyone has their own opinion but I choose to purchase through Disney. It's quicker, you can begin booking immediately, and there's no question about how many points are available on your contract. Current incentive prices are around $95 a point at Saratoga Springs and $98 a point at Animal Kingdom. The minimum amount of points which can be purchased through Disney start at 160 points for new members. Hope this helps.

 

[GrowingUpDisney]

Ok. Thank you for your quick responses. Now a bigger question - why would I do this? Why pay $10,500 for a trip that will only cost me $3,000 without DVC?

 

[WALTSAGOD]

How many times do you want to go?

Once or once a year for the next 50 years??

 

[PAcpl]

Ok. Thank you for your quick responses. Now a bigger question - why would I do this? Why pay $10,500 for a trip that will only cost me $3,000 without DVC?

Maybe this will make a little more sense. I did a little Disney math to make myself feel better about the investment.

ALL OF THESE NUMBERS ARE ESTIMATES:

It will cost appx. $16,000 for your initial investment of 160 points that will last you appx. 50 years.

Maintenance Fee's will cost you about $750 a year. After 50 years of fee's you would have paid appx. $37,000 total..

So $16,000 for the initial investment and $37,000 in fee's comes out to $53,000.

If you divide $53,000 by 50 years you are paying $1060 A YEAR for deluxe accommodations at Disney.

We stayed at the AKL this past September and paid much more then that for a standard room with a Savannah view. So if you plan on doing Disney at least once every few years for the next 50 years, this investment is worth it.

Now, I am a Disney newbie so if I am wrong someone please feel free to correct me.

HTH,

Brian

 

[JPS439]

Everyone pretty much laid it out for you. You're pre-paying now for vacations that you can take until 2057. Prices are just going to keep going up, but you're paid in today's dollars.

Just keep in mind, DVC gets you a room, a cool room at that, but just a room. You still have to buy park tickets, food and transportation.

 

[marvali]

You aren't paying for one trip, you are paying for as many trips as your points will allow each year (unless you combine points by banking or borrowing), for the next 50 (or so) years. Disney estimates the life of a resort to be 50 years, so if you are buying into a new resort (like AKV) for the minimum 160 points, then your contract is for 160 points of vacation every year, for 50 years. You can use that on one trip, or depending on when you travel, multiple smaller trips (especially if you avoid weekends and stay Su-Thu nights only). If you purchase at a resort that has been in use already for a while, your contract will be for a little shorter time period depending on the resort. There are maintenance fees/dues that you pay annually for maintaining the property, taxes, etc. as someone else mentioned.

 

[Minnie824]

Can I ask another question though....do the number of points each room costs stay the same? So now, say a room at AKV is 50 points for a night...in 20 years, will they guarentee that the same room will still be 50 points a night, or does that go up as well? Because if it goes up, techically you'll need more points and end up paying more still.

 

[browniemtb]

Can I ask another question though....do the number of points each room costs stay the same? So now, say a room at AKV is 50 points for a night...in 20 years, will they guarentee that the same room will still be 50 points a night, or does that go up as well? Because if it goes up, techically you'll need more points and end up paying more still.

Good question.....the point is one sense will never go up. But that being said they can be shifted around, meaning that if one night goes up point wise another night would have to go down by the same number of points but the total point system remains the same. Hope that makes sense. DVC is basically a prepayment for many WDW vacations at today's prices....just think of the lucky OKW owners that bought in the early 90's for around $60 a points....today its around $100 and if CRV comes to life we may see a $115 per point.

Brownie

 

[marvali]

To add to the answer brownie gave you, once the points are set for a resort, the "total" points won't change. However, if Disney notices a trend they may shift points slightly for that resort. An example would be if they notice a trend that the week of July 4th they are booking all the studios at a resort, but very few two-bedroom villas, they may go up slightly on the studios and down the same amount on the two-bedrooms to make those a little more attractive to try and maximize room use at that resort.

Same goes for a particular time of year if vacation trends change. They could move certain dates into or out of the different "seasons' with a corresponding change elsewhere. You see this with a holiday like Easter that is so fluid in what date it occurs. At least that is the way I understand it all.

Hope this helps.

 

[dianeschlicht]

To add to the answer brownie gave you, once the points are set for a resort, the "total" points won't change. However, if Disney notices a trend they may shift points slightly for that resort. An example would be if they notice a trend that the week of July 4th they are booking all the studios at a resort, but very few two-bedroom villas, they may go up slightly on the studios and down the same amount on the two-bedrooms to make those a little more attractive to try and maximize room use at that resort.

Same goes for a particular time of year if vacation trends change. They could move certain dates into or out of the different "seasons' with a corresponding change elsewhere. You see this with a holiday like Easter that is so fluid in what date it occurs. At least that is the way I understand it all.

Hope this helps.

FYI, this has only happened once. That was at OKW in 1996. They adjusted the weekend points a bit.

 

[chalee94]

Can I ask another question though....do the number of points each room costs stay the same? So now, say a room at AKV is 50 points for a night...in 20 years, will they guarentee that the same room will still be 50 points a night, or does that go up as well?

right now, a value studio at AKV costs 8 pts per night in low season. in 2050, most likely it will still cost 8 pts per night. if they raise it to 9 pts per night, then they have to cut the pt costs for something else (like cutting pt costs for the value studio in high season, for example.)

this is not true for trades - pt costs for cruises, or staying at non-DVC resorts like GF or some hotel in europe can and often do go up on a yearly basis.

(it's also worth noting that annual dues on pts will typically go up...but most likely so will room rates at wdw.)

 

[chalee94]

Ok...someone explain to me how you buy into DVC

call DVC directly. or call a reseller, like the timeshare store. then give them (all) your money and you can buy into DVC.

and how much points are...

points cost from $63 to $104 per point plus closing costs, depending on the home resort you choose. (whether the contract you buy includes incentives like developer pts or current year pts...or else is stripped of current pts...can complicate the calculation a bit...but i'm trying to keep it simple.) that will buy you pts for the next 34 to 49 years, again depending on the home resort you choose.

you also have to pay maintenance fees (also called annual dues) for the points you buy. annual dues currently cost between $4.21 and $6.04 per point.

 

[GrowingUpDisney]

Thank you all for your responses. I still don't understand how it will be of any benefit. 160 points will not last 50 years when you are looking at - for example AKL 101 points for a week's stay. Maybe I am still not understanding, but I don't understand where the benefit comes in. I can take a week long trip and stay in a value resort (which is perfectly fine for us), depending on time of year, for a total of $1500 - $1600. That includes dining, tickets - everything. If I bought DVC, I would get to stay in a nicer resort - but I would still have to pay for dining and tickets, etc. I just don't see it.

 

[chalee94]

Thank you all for your responses. I still don't understand how it will be of any benefit. 160 points will not last 50 years when you are looking at - for example AKL 101 points for a week's stay.

you get 160 pts PER YEAR until 2057. your pts are valid during each "use year" - a 12 month period which varies by contract , for example, a sept 2008 use year runs from sept 1, 2008 to august 31, 2009 - unless you bank or borrow them into another "use year."

If I bought DVC, I would get to stay in a nicer resort - but I would still have to pay for dining and tickets, etc.

this is accurate. DVC is generally not competitive against value resort rooms. (OTOH, i bought a 40 pt resale contract at OKW and can stay at a studio there during the holiday season for 5 weeknights a year for the equivalent of less than $60 per night, taxes included...beat that...)

 

[DVCDebb]

One thing to remember this is not just for Disney World. There are places all over the world you can travel too with this and have accomadations that you know are great waiting for you. Have traveled lots of places with my kids not just to Disney World/ or Disney Cruise. My home is Old Key West and have shared with many family members and friends who now are also members at other DVC properties. And now DVC is expanding to Hawaii. So think about the prices of everything going up you will always have a great place to go for 50 years if you buy from Disney or whatever length of contract you buy.

 

[marvali]

You aren't paying for one trip, you are paying for as many trips as your points will allow each year (unless you combine points by banking or borrowing), for the next 50 (or so) years. Disney estimates the life of a resort to be 50 years, so if you are buying into a new resort (like AKV) for the minimum 160 points, then your contract is for 160 points of vacation every year, for 50 years. You can use that on one trip, or depending on when you travel, multiple smaller trips (especially if you avoid weekends and stay Su-Thu nights only). If you purchase at a resort that has been in use already for a while, your contract will be for a little shorter time period depending on the resort. There are maintenance fees/dues that you pay annually for maintaining the property, taxes, etc. as someone else mentioned.

Read my first response to you again. You don't get 160 that you have to spread out over 50 years, you get 160 points (or whatever you purchase) EACH and EVERY YEAR for 50 years (or whatever length of time the contract is for, depending on when and where you buy). That means, for example, 160 points in 2008, 160 points in 2009, 160 points in 2010 and so on for the life of the contract.

 

[PAcpl]

Thank you all for your responses. I still don't understand how it will be of any benefit. 160 points will not last 50 years when you are looking at - for example AKL 101 points for a week's stay. Maybe I am still not understanding, but I don't understand where the benefit comes in. I can take a week long trip and stay in a value resort (which is perfectly fine for us), depending on time of year, for a total of $1500 - $1600. That includes dining, tickets - everything. If I bought DVC, I would get to stay in a nicer resort - but I would still have to pay for dining and tickets, etc. I just don't see it.

Of course you have to weigh the pros and the cons. If you are used to staying in value resorts and you are happy with them, then maybe DVC isn’t for you.

When all is said and done if you decide to do DVC you are going to be paying a llittle less for a deluxe resort then you would be paying for a value resort. BUT you will have to make the commitment to Disney for the next 50 years for that benefit. If you feel the commitment isn’t worth it, then DVC is definitely not the right choice for you.