Help me convince my husband!

[DisneyCruiser83]

I was talking with my husband, and for the millionth time, mentioned buying DVC. He is reluctant because he went to a seminar some years ago (he said it was when DVC first started, but does not know the year)...anyway...I think he is operating with misinformation.

He thinks you have to buy your points every year. Am I wrong? I was under the impression that once you buy your points, you have them and only have to pay yearly taxes and dues. Is there somewhere where I can find more information?

Thanks for the information!

 

[CMOORE185]

You are correct. You only pay for the points once and than it is just maintance fees every year. The fees are between about $3.70 to close to $6.00 per point depending on which property you buy.

 

[chalee94]

Is there somewhere where I can find more information?

here is basic info on DVC.

here is current pricing for contracts purchased directly. you will find a link to resale contract listings in the top righthand corner of the screen.

here is a link to historical annual dues for the different DVC resorts.

here is a thread for choosing a home resort.

and if you get serious about buying and are ready for slightly more advanced information:

here is a thread for understanding use year.

 

[bookwormde]

Take the time to really understand DVC and do the math comparing it to how you vacation now (and in the future if you know) to see if it makes financial sense to make the level of commitment that buying into DVC is. There are lots of situations where DVC does not make sense, but when it “works” it is a significant savings.

If the number show significant savings, it is likely that you will get his “attention”

Here is an additional link to pricing on resale contracts since that helps in many cases to make DVC more affordable.

http://www.disboards.com/showthread.php?t=1960185&page=87

There is a link to the DVC point charts at the top of the page.

If you just want to “rough out” the numbers if you are buying cash resale use $7-8 for what your yearly points will cost you for maintenance fees plus amortized purchase cost for cash direct form DVC use $9-10, if you have to finance it is much higher

bookwormde

 

[DisneyCruiser83]

Thank you all for the great information and links. This is the first time he even entertained the idea of buying. I have ordered the DVD and will do more research online. I am going to try to take a tour when we go in October. I do think it is a good deal, but will really look at the numbers to see if it is the best option for us. Thank you all again!

 

[Anna114]

here is basic info on DVC.

here is current pricing for contracts purchased directly. you will find a link to resale contract listings in the top righthand corner of the screen.

here is a link to historical annual dues for the different DVC resorts.

here is a thread for choosing a home resort.

and if you get serious about buying and are ready for slightly more advanced information:

here is a thread for understanding use year.

Jeez, in the future could you be a little more helpful

Also, someone a few months ago (a math geek, his words not mine) did a chart of when DVC starts to make financial sense. It included a yearly breakdown of resort cost, hotel cost (if not DVC) maint. fees etc. The break even mark was approx. 10 years. DVC, imho, should not be considered an investment.

It took me time and a sizable inheritance to convince my husband. I did start with a small investment of 75 points (6000) at VWL, every other year we could stay in a studio. We did not want to take a loan for vacations, but that's just us. Within, a month I added another 50 points (4000) at VWL same use year. Now we can stay at a studio every year for a week, the week of our anniversary. I think my next plan of attack will be for another 125 points at either Boardwalk or Beach Club. This way every other year we can stay at a different home resort. My point (Ha! pardon the pun) is take it slow. You can always build on your points. Read these boards, it's how I got all of my information, everyone here is brilliant! Think out your strategy anticipate his objections, that's what I did, and have all of the answers. Good luck and lets us know how it goes.

 

[Crystal_27]

He thinks you have to buy your points every year.

It really is funny to me how many people operate under this mistaken concept of DVC. When we bought in, half of the people we told said something to the effect that it must have cost us like $100,000. Given that we are a middle class family, I don't quite understand how they could even think that, but, sure enough, they did.

To the OP, to get 160 points, expect it to cost between $9,000 and $14,500 (resale v. buying through Disney) with annual dues assessed on every point that you own. Once you buy your points and have made the initial outlay of cash, your only responsibility will be the annual dues (as well as park tickets, transportation, dining, etc. required for the Disney trip).

You've gotten a lot of good links to get you started in the convincing process. Happy DVC shopping!!

 

[rentayenta]

And if you don't want to go the logical research route, you can always bribe him.

But really we did our research and ordered the DVD twice before purchasing. What cinched it for DH was our friends who are DVC owners. We took a trip together and used their points for our stay together; 5 night OKW GV and 3 nights AKV 2 bedroom. Being able to stay in DVC and have the ammenities in real time was huge for him. Our friend explained the benefits in great detail so by the time we took the tour, we were pretty solid.

 

[duffy]

I'm in the research stage, and my husband is not too keen on DVC right now. Here's how I'm going to convince him: I'm going to present him with it as a done deal.

After 26 years of marriage, I feel confident to just go ahead and buy a very small-probably 50 points resale-contract in my name.

I plan to show it to him next Christmas and tell him that he's "allowed" to come with me. Aren't I the romantic one!!

 

[Pirate Jack]

I'm in the research stage, and my husband is not too keen on DVC right now. Here's how I'm going to convince him: I'm going to present him with it as a done deal.

After 26 years of marriage, I feel confident to just go ahead and buy a very small-probably 50 points resale-contract in my name.

I plan to show it to him next Christmas and tell him that he's "allowed" to come with me. Aren't I the romantic one!!

Sounds like a great idea! I started with a 25 pointer and then added on slowly. That way we were able to "get used to the idea"!

 

[permavac]

Sounds like a great idea! I started with a 25 pointer and then added on slowly. That way we were able to "get used to the idea"!

So did we! We got 25 points at the end of last year and are hoping to get up to 50 by the end of this year. Much easier on the pocketbook for us and we've got our foot in the door...

To the OP - just give your husband this sage advice (that I've heard here before): A happy wife is a happy life

Terri

 

[WonderinAland]

We've been looking at DVC for years, and have even stayed with friends before on their points. It took BLT opening before I could get my husband somewhat interested in even considering it. We go yearly (at least), stay at a Deluxe, etc... we match all the "DVC is a good fit for you if...." points (check out Mousesaver.com). He was finally convinced when he realized that in only a few years we will need 2 rooms for our family of 5. Comparing the cost of a DVC 1 or 2 bedroom vs 2 rooms at the Poly (his favorite) made it clear. We should break even after only about 7 years.

He was also concerned about being tied down to Disney for yearly vacations (nevermind that we do go every year), so we bought 200 points, which should provide us enough for a 1 bedroom every 2 of 3 years with banking and borrowing. Then we can go somewhere else, or go to WDW anyway.

Good luck!

 

[ToddyLu]

Well I approached it to him like this. When he needed a new car he leased a Hummer H3 (thank goodness now we do not own it). Then when I needed a new car he decided I could drive the Hummer and he would purchase a new Jeep Wrangler. So that is what we did.....the week after the Jeep, yep you guessed it.....I demanded my damn points!!!!!!!

and got 210 points at AKV

 

[ILuvMulan]

Well I approached it to him like this. When he needed a new car he leased a Hummer H3 (thank goodness now we do not own it). Then when I needed a new car he decided I could drive the Hummer and he would purchase a new Jeep Wrangler. So that is what we did.....the week after the Jeep, yep you guessed it.....I demanded my damn points!!!!!!!

and got 210 points at AKV

LOL

 

[tecodis]

You are correct. You only pay for the points once and than it is just maintance fees every year. /QUOTE]

Well, sort of...until you have to purchase the add-on's you'll need when you get stricken with a case of addonitis!

 

[*KeepMovingForward*]

I definitely recommend taking the tour. I did my research and knew how DVC worked where I could recite it in my sleep. I talked it up to DH for months and then on our next trip to Disney I signed us up for a tour. He was sucked right in. He knew I did my homework and he was impressed with the tour and lack of pressure. It was just what I needed to get him to sign on the dotted line. Good luck!

 

[ppony]

A biggie that helped me convince my DH is we were under the impression you HAD to go every year. You live in FL so you can easily, but we have to drop a grand just to fly. Driving for 2 days there and 2 back isn't an option. When I learned and told him you could go every 2 years... that was the turning point. Mentioning being able to go to Hawaii (neither of us have ever been) when we would want to was a bonus. We're still not bought in yet, but it's coming.

And not that it's the same for FL I don't think but as another Minnesotan will testify, many people up here have cabins. So what's the difference really? It's easier, we don't have to winterize our timeshares and there aren't any ticks! right?

 

[Mindy5767]

Here's another way to look at it. Look at it from an investment point of view. Where would you invest that money if you didn't buy DVC? I am so glad that I bought my 160 points when I did. Right before the stock market crashed. Since I spent that money on my DVC membership.... I still have the 210 points I bought... and I will, every year til I'm something like 92!! If I'd left that money in the market where it was... it would be toast!! My 210 points is worth a Disney vacation every year... or a trade-out for and RCI vacation anywhere in the world. You don't get that kind of guaranteed return on any other kind of investment. Really. I only wished I'd rescued more $$ from the market decline by buying more points. Now, in my scenario, I paid "cash" for my points. Actually I charged it on my Disney Visa and my LLbean Visa's for the Reward points, then paid them off. I used my Disney Visa rewards to pay for part of the cost of our first set of annual passes. Now, as for DH... I just told him this is what I wanted to do. I was on a AAA package trip with my sister when she wouldn't allow me the time to stop to talk with the DVC sales team, so I called when we got home. I learned all about how it worked. Then I handled it all through the mail, phone and fax. For various reasons, I titled the DVC ownership interest (it is a real estate ownership interest and must be titled) into my Revocable Living Trust. So its technically... all mine..... all mine..... I let DH come along...