In your opinion should I buy into DVC?

[TinkerbellTris]

Please don't flame me, let me explain. Last year I got into a huge arguement with another diser becaus eI stated i thought DVC was such a huge ripoff. O.k. now let me eat my words. I did research it and honestly at first it apeared to be for my family a ripoff. Here's the deal. We live in California, I assumed we would only have the money to make a trip to WDW about 1 time every 5 years. I was wrong, now they are begining to open the door to DVC in Disneyland where we have annual passes. We spent a whopping $7,000 on a dream trip last June to WDW. It's just me, DH, and DS soon to be 8. And in the same year 4 months later renewed our passes at Disneyland, and made a 4 day trip, and have a 5 day trip planned next month in March, and now we planned a Disney Cruise 7 night western for Sept. 07, and a 3 day trip to WDW before the cruise. Again this will be at least another $6500 - $7000 trip. So in your opinions would DVC be worth it to us, is it justifyable now? ANd does anyone know what the DVC deal in Disneyland is all about? Thanks again for everyone's help.

 

[I'mNoPrince]

1st nothing official on the DL DVC has been announced.

2nd use of points at the DL hotels is not the best use of them but not as bad as it was before.

3rd use of points for a Cruise is way too high in My opinion.

Now I do think DVC will end up at DL just when is the question.

Joining is just up to you and it's very personal based only on your travel plans.

We have done it and it works Great for us but we want to go to WDW 2 to 3 times a year.

You always have the option to rent your points as well but I wouldn't join if that was something I would have to do offend.

 

[rahrah]

Looking at your travel history, the answer seems pretty simple to me. When they open a DVC at DL, be the first in line.

Till then, cash is may more flexible than DVC points.

As for using DVC points at Disney hotels and DCL, there is nothing in any of the contracts that prevents DVC from raising the point costs for these vacations every year.

 

[dianeschlicht]

Actually, if you plan to do WDW at least every third year, a small DVC contract might make perfect sense. With banking and borrowing every third year, you would have plenty for a very nice trip of nice length. If you would mostly use it to trade into the regular Disneyland hotels, I'd say wait a bit until DVC/CA opens.

 

[dumbo71]

Can you pay cash for what you are looking to buy?

All Timeshares are really a rip off from a financial. There isn't a financial planner worth a grain of salt that would recommend buying one.

Now that being said the decision is really more emotional than just dollars. If you plan to visit WDW at least every other year, like to stay in at least moderate resorts or Deluxes, AND ANSWERED YES TO MY FIRST QUESTION then I'd say at least consider it. Even then I think you need to be able to skip weekend stays to make it worthwhile.

I'd really look at Marriott resales in Orlando if you must buy in. You can get a 2 bedroom Gold season for $4,000 - $6,000. They would also trade well into some other resorts worldwide. The drive is short so it is hard to justify the extra money to buy in to be on site. If you must be on property then fine do that.

 

[dblr]

We usually vacation in our rv most of the time,but when we took the DVC tour we thought it was a great offer but like all things you have to research and make it work the best for you. we joined in 2004 and have used DVC now for three trips and look forward to many more.

 

[TinkerbellTris]

Thank you very much for all of your information, it is very helpful tome and my decision. I think I will wait for DVC in DL. Thank you very much for all your help. As to the above poster, who asked if I'd be paying cash, Yes we usually pay cash over a course of 9 - 12 months so that way our entire trip is paid off in cash, then only last minute stuff or the "mom I have to have it" stuff gets put on credit cards. The actual "Vacation" itself we pay cash. But last time I checked in June they were offering buy ins for Saratoga Springs and if i'm not mistaken it was a good $14,000 or so to buy in. That seemed hefty to me. And it would take a good 2 years to pay off in cash. Any other information for be great. Thank you so much.

 

[beachblanket]

A perspective from another Californian: the only reason DVC makes financial sense for my family and I is due to my career, which involves lots of travel and subsequent frequent flyer miles. If we didn't have the latter to subsidize almost all of our transportation expense to/from WDW, DVC wouldn't have made financial sense.