Is dvc membership a value at the proposed increased prices?

[mdsd8700]

DVC is an emotional purchase. You sell yourself on the idea of making memories with your kids that will last forever. You sell yourself on the idea of your kids one day staying in the same rooms that they did with you, but with their own children. For me, I would vacation at WDW withy family in the 70's. we would drive from NY in the station wagon and stay at small motels an hour away in Daytona. We would drive on the morning to the MK. I remember riding on the monorail as it passed through the Contemporary, and I couldn't even conceive the thought of family staying there. Today I have a deed in my strong box showing that I own part of that resort. I sit on my balcony and watch the monorail go by. It feels good. People by for many different reasons.

Thanks for sharing. It was definitely more emotional for us as well. We thought it about for a very long time and finally pulled the trigger when we were able to pay cash. That was only in 2010. My husband grew up going to WDW staying at the CR but mostly the Poly. I didn't go until I was 19 with a friend. Our kids are 19 and 16 and have spent their childhood going to Disney as well. We are thrilled to be able to share that with not only our family but our friends in the years to come because of our DVC.

 

[N365PA]

Without going really deep into my spreadsheet, at my current rate (just my wife and I at the moment) I will break even in 18 years. We stay at Moderate and Value resorts (again, no kids, yet). I have stayed at some deluxe and DVC but what I look forward to is the room for when we have kids. Having that extra elbow room for what im paying now for a moderate resort, each and every year, I believe is worth the money. Im not into the hype about trading points and staying off property around the world or on the cruise line etc. (Big DCL fan, just cant see making 200pts a year worth it). We've weighed all the options and are planning on buying 100 from Disney on the upcoming cruise (usually great incentives) and 100-150 from the resale market. If the incentives arent great, we'll go resale completely. Ive saved up for this purchase and will not do financing.

I completely agree with the people above, if you need to finance it, you cant afford it! It may work for others but I cant make financing DVC work in my brain. I drove a paid off, two door hatchback Hyundai for years and the only reason I had to get rid of it was a move to Alaska where the snow is a little to deep for my liking in the little Accent. Jeep Wrangler it is!

Clint
Hopefully buying AKV (Wife's fav) on the Cruise; patiently waiting for an OKW (my fav) resale with the right points and use year.

 

[OneMoreTry]

I would only buy DVC if I wanted a condo instead of a hotel room. If I were satisfied with hotel rooms (and wanted my room cleaned every day) Disney has enough special deals to make them a reasonable deal without the commitment.

If I did want a condo and knew I wanted to visit Disney a lot for the next few decades I would do the math first, keeping in mind whether I was willing to hassle with renting points instead.

The math definitely made the purchase worthwhile 10 years ago with resale at $60pp. I think I would be hesitant to buy at the current prices. I would almost certainly buy resale.

 

[Daisyduck49]

We bought 380 pts since last year. SS, BC, WL and our most recent purchase AK! We love DVC and have no regrets buying direct. Don't want to be penalized later for buying on the resale market. We don't look at this as an investment, we bought for great memories and vacation time!!! We wouldn't change a thing, love, love, love Disney & DVC!!!!!!

 

[DougEMG]

For myself, I don't think the current pricing for direct points is a good value. I base this on how long it takes to get to the break even point. For me, if that break even point is more than 10 years out, then taking the risk on owing is not worth the savings. Instead I'd rather have the flexibility.

If you really want to stay in a DVC room you've got 3 options, direct, resale and renting. (4th option is trading in from another timeshare resort). Renting is the cheapest upfront option. Figure out how many years you need to rent before owning becomes a better deal.