Some confuse this with a legal residency issue and it isn't. It's simply what Disney has decided to allow vs not. The POS specifically states that DVC membership does not qualify one for FL resident benefits. I'd cancel and investigate more while you still have the opportunity.
Quite the reverse, they're overcharged IMO. That's true whether it's the member cruise on cash or any cruise on points. Historically it's been about 10% of rack rate at best which is considerably more than early booking discounts.
I've done the math on other threads where I compare a not-just-released cruise's pricing on points (based on current annual value, direct buy-in present day+dues, so those nasty expensive Poly or AUL points) vs. renting those points and booking via Dreams Unlimited or other agencies who offer on-board credits or cash back cards etc. The points bookings always lose.
I've done the math a bunch of times over the years and in general I'd agree but I think it depends in part on where you are. For buying to use for cruises it has never made sense in any scenario. For one who already owns, it rarely does, I've seen a couple of exceptions. The first year of AK was $10 a point, close to the going rate at the time. I've seen one person report a return of $18 pp on a transatlantic but I was doubtful. And I think there are use or lose situations or someone who just has extra points. IMO the biggest negative isn't the cost/value but rather the other limitations that are applicable. I'd suggest no one ever buy for this purpose but if one owns and has the option, just look at the variables to see where it falls. IMO, if it breaks even on renting out through a company after taxes, do that and reserve privately due to the other limitations.
Likely because you mentioned you're in recision period, and the statement you made about what you were told by your DVC guide is, basically, wrong. So to us, that's a huge red flag that there may very well be other things you were told that were dodgy.
My recommendation to consider canceling was because you can now and can't later. It's likely you need to know more before you know if a retail purchase is a good choice for you, it isn't for most people and almost never is for someone who's new to the system.
Yes, the Week Day only annual pass with lockout dates.
The benefits you lose aren't much use to people with small contracts or who aren't going multiple times per year.
And NONE of them you lose by buying resale plus 25 retail points have true value.
Bill
