How many points do you own?

[Genie+]

H n

Totally agree - on behalf of my kids too... That's we bought this to take with us to our Marriott stays as well! Well worth what it uses up of the checked-luggage weight allowance.



View attachment 800255

I’ve been tempted to buy that. Do you like the waffles it makes?

 

[DanCali]

I’ve been tempted to buy that. Do you like the waffles it makes?

They’re pretty good (we use the Kodiak mixes)! But would work better with 2 devices if you need to make several like 6+ (they are not too big). A little butter also helps with the non-stick aspect and flavor. My kids prefer them with Nutella over syrup.

 

[Genie+]

They’re pretty good (we use the Kodiak mixes)! But would work better with 2 devices if you need to make several like 6+ (they are not too big). A little butter also helps with the non-stick aspect and flavor. My kids prefer them with Nutella over syrup.

Thanks for the review. It’s a great time to try now we’re getting cold mornings. Maybe I’ll run both the regular and Mickey irons at the same time. Ooh nutella sounds like a great idea - like Sleepy Hollow!

 

[AstroBlasters]

It's not a bad plan but if that's the plan we're entertaining, then I'm not sure the "DVC premium" is worth it.

For about $160K upfront I can buy 13 resale 2BR Ocean View weeks at Marriott's Ko Olina. That gives me 3 months in a 2BR with an ocean view anytime of the year (weeks 51/52 may cost an extra $10K upfront to buy) with annual dues of around $36K ($2750/week). And at current interest rates, the $200K savings vs the "DVC retirement plan" can generate an extra ~$10K/year to cover the airfare for 4-6 people.

DVC certainly has its advantages and own atmosphere, but if I were someone with 3-4 months of time on their hands to travel each year (i.e., retiree), I may actually prefer the fewer children running around at a Marriott resort and the extra space for extended family to join. Or maybe I just use the 1BR and rent off the lockoff studios and reduce my annual dues by 50%-60%.

Maybe I’ll take the time to learn the Marriott system someday… but one of my goals for buying DVC was to make sure that my kids and future grandkids could also afford a Disney vacation in the future.

 

[aceshigh73]

Maybe I’ll take the time to learn the Marriott system someday… but one of my goals for buying DVC was to make sure that my kids and future grandkids could also afford a Disney vacation in the future.

We own in the Marriott system (since 2003, Aruba). If you want to get a bargain, resale Marriott is the way to go. They maintain their resorts, but the resale market is garbage. in early 2003, we bought our Aruba "week" pre construction, it was $15,500. Its now worth about $5-6k on the open market. They now use the Points program, which we joined, but im not certain how resale works with moving to the Pts program anylonger.

 

[intamin]

It’s always amazed me… let’s say you own 400 points. Enough for a one bedtime once a year for a week.
You pay $3000 a year in dues for one year… and you own a week?? That’s $150,000 a year for mtc, and utilities. And that’s for 800sq Ft.
Do you pay that much at home???
I have a nice house in Florida, but my utilities, mtc, so forth is less than 1/10 that amount.

ETA: And I maintain my house better than DVC.

A lot of it I think is past the room itself.

My home doesn't get housekeeping nor do I pay for buses/other modes of transportation, maintenance of giant pools, common areas including giant lobbies. I also don't pay for the insane property insurance for Florida. Do I think the amount is inflated some because it is Disney? Definitely but I think it's important to remember it's more than just the small room you're paying for, you're paying for the resort.

 

[DanCali]

They now use the Points program, which we joined, but im not certain how resale works with moving to the Pts program anylonger.

With Marriott, resale weeks purchased post-2010 are not eligible to join the points program unless the owner makes a substantial developer purchase. It's also probably one of the reasons why resale weeks are relatively cheap - they are quite restricted... In 2010, the program has evolved to a point system so a developer purchase would now typically involve buying points in that a real estate trust composed of weeks that were dumped into it by Marriott. But it's also possible to enroll a resale week by buying a legacy week from Marriott at one of the locations where they cannot dump those weeks in the Trust (locations with RTU/expiring deeds like Aruba, or Spain).

This is digressing a bit but it's possibly relevant to DVC because to the extent that resale restrictions become the norm (as they are now with Marriott), low resale prices of those resorts may also become the norm, as may the ability to buy restricted resale points and get them fully functional by making a direct purchase. Time will tell...

 

[Sandisw]

A lot of it I think is past the room itself.

My home doesn't get housekeeping nor do I pay for buses/other modes of transportation, maintenance of giant pools, common areas including giant lobbies. I also don't pay for the insane property insurance for Florida. Do I think the amount is inflated some because it is Disney? Definitely but I think it's important to remember it's more than just the small room you're paying for, you're paying for the resort.

And it’s for a room on vacation not to live in.

 

[maui22]

Decision on Poly tower (same vs new restricted points) will determine if we move up to the next level of points.
I would like to think we would be done buying points, but I thought that too many times before.

 

[Maistre Gracey]

A lot of it I think is past the room itself.

My home doesn't get housekeeping nor do I pay for buses/other modes of transportation, maintenance of giant pools, common areas including giant lobbies. I also don't pay for the insane property insurance for Florida. Do I think the amount is inflated some because it is Disney? Definitely but I think it's important to remember it's more than just the small room you're paying for, you're paying for the resort.

Yes, but an extremely small percentage of the resort.

 

[Ginamarie]

715, but I have another 50 points trying to get through ROFR now.. and then I'm stopping for awhile. Really I am. I can stop ANY time I want.

 

[intamin]

Yes, but an extremely small percentage of the resort.

True but many of said resorts are also within walking distance of the world's most visited theme parks. Again, not saying it's not grossly inflated but it's understandable.

 

[AstroBlasters]

True but many of said resorts are also within walking distance of the world's most visited theme parks. Again, not saying it's not grossly inflated but it's understandable.

I found this to be helpful when looking through a breakdown of where the dues go:

https://*******.com/dvc-information/financial/dvc-resort-budgets/

I’m not sure if the link will work, but the budget covers things like management costs, member events, housekeeping, income tax, insurance, property tax, utilities, transportation/parking, resort access fees, shared area expenses, etc…

So, definitely not the same as someone’s home.

The overall point that these resorts are not inexpensive to own is an accurate one though. A lot of stress is spent on the upfront purchase price, but over time the dues dwarf the buy-in cost.

 

[Maistre Gracey]

A lot of it I think is past the room itself.

My home doesn't get housekeeping nor do I pay for buses/other modes of transportation, maintenance of giant pools, common areas including giant lobbies. I also don't pay for the insane property insurance for Florida. Do I think the amount is inflated some because it is Disney? Definitely but I think it's important to remember it's more than just the small room you're paying for, you're paying for the resort.

I do understand your points, but…
We have a pool with large fun area (two big screen TV’s surround stereo, full summer kitchen), housekeepers, and we are Floridians and pay those insurance rates.
Our home (including play area) is 10x the size of a DVC studio, yet the upkeep is 1/10.

Not arguing, just pointing it out.

 

[intamin]

I do understand your points, but…
We have a pool with large fun area (two big screen TV’s surround stereo, full summer kitchen), housekeepers, and we are Floridians and pay those insurance rates.
Our home (including play area) is 10x the size of a DVC studio, yet the upkeep is 1/10.

Not arguing, just pointing it out.

Yep no arguments here, I expect Disney's to be higher just because Disney. Just like with Apple, slap an apple logo on anything and the price increases significantly lol. Not saying it's justified, just expected. Same reason a water bottle costs 5 dollars in the parks and I can get a case of 40 from costco for the same 5 dollars at home but the two are not the same lol.

 

[bakerworld]

I do understand your points, but…
We have a pool with large fun area (two big screen TV’s surround stereo, full summer kitchen), housekeepers, and we are Floridians and pay those insurance rates.
Our home (including play area) is 10x the size of a DVC studio, yet the upkeep is 1/10.

Not arguing, just pointing it out.

Tambu Lounge, Nomad Lounge, Enchanted Rose - oh, wait, are we talking parks because we don't go there much or swim, but if not - Raglan Road, Rose 'n Crown, Geyser Point, Victoria Falls...

 

[Chili327]

Can a mod please delete this thread @Sandisw

Go vote on the other thread! I made the bottom category specifically for you hahah

Throw that link in here somewhere… I went searching for that thread and this is the one that came up.

*edit*
Here it is...
https://www.disboards.com/threads/how-many-points-do-you-own-v2-electric-boogaloo.3931806/

 

[Maistre Gracey]

Tambu Lounge, Nomad Lounge, Enchanted Rose - oh, wait, are we talking parks because we don't go there much or swim, but if not - Raglan Road, Rose 'n Crown, Geyser Point, Victoria Falls...

I’m not sure I understand your point.

 

[bakerworld]

I’m not sure I understand your point.

I'm just joking around enjoy your pool

 

[justadreamaway77]

It’s always amazed me… let’s say you own 400 points. Enough for a one bedtime once a year for a week.
You pay $3000 a year in dues for one year… and you own a week?? That’s $150,000 a year for mtc, and utilities. And that’s for 800sq Ft.
Do you pay that much at home???
I have a nice house in Florida, but my utilities, mtc, so forth is less than 1/10 that amount.

ETA: And I maintain my house better than DVC.

I'm not understanding your math. 400 points gets you way more than a 1 bedroom for a week. I figured when we bought and with what dues are currently, we are spending just over $10/point. A 1 bedroom for a week is around 200 points at Saratoga (I just looked at the middle of the chart, it could be more or less depending on the time of year) That is 2 weeks on average and it costs me $4,000. ($2,000/wk) If I were to rent through Disney during the time I looked at (middle of the point chart), it would cost me $6,100/wk! Even if I was able to get a discount (usually qualifies as 25% off)....it would still be $4,600/wk.