BamaGuy44
DIS Veteran
- Joined
- Mar 28, 2014
- Messages
- 1,367
If you have to finance, I would just stay at Swolphin until you can afford it.
Yes, the last decade has been a rocketship. Yes, resale prices have gone through the roof recently. That's why I don't see the increase as sustainable. Financing this, and then prices staying flat would be particularly bad.
Modern DVC math often doesn't work against Swolphin or even against just renting points, and that's without financing. It's not the slam dunk it used to be. And some of these loans are just predatory.
To me, this is math. Buying a luxury asset that could easily be underwater in a couple years because of financing is not a choice I would make. I would just book at the Swolphin.
The math doesn’t work against the Holiday Inn in Kissimmee either but that’s not what I’m looking for. I love Swolfin we stayed there many times but if you want Disney transportation or Disney theming or to be on the monorail or the Skyliner or have a full kitchen or a grand villa or laundry in your room or whatever, Swolfin ain’t it. They have the friendship boats but the bus service is even worse than the normal Disney buses. Maybe those things don’t matter to you and that great. For you.
And I can sell my contract in 10 or 12 years and get most of my money back. Not guaranteed, but I like my chances. When you call Swolfin or the people you rented from over the last 10 years and ask for most of your money back, it will be an awkward conversation.