Please let me know if this makes sense???

[angeloco]

I want to know if it makes sense to buy a small contract through resale and then wait for a new property to open say like "CRV?" just for the fact that owners get the first crack at it?

 

[mjy]

I want to know if it makes sense to buy a small contract through resale and then wait for a new property to open say like "CRV?" just for the fact that owners get the first crack at it?

Personally, no, I don't think that makes sense.

Even though present owners may get first crack at sales, they never run out before general public offerings.

Why own at a place when you do not need it to be able to purchase later?

 

[Anthony1971]

I wold say no. It is not a guarantee that owners will get first crack a new offering nor is that we will even be able to use our current points at it. DVC could decide if CRV were to be that it would like to have e different price point and make it exclusive to the owners, or start DVC 2.

 

[CarolA]

There was recently a whole thread on here where some owners were upset the bought when VAK was first offered as the "Deals" got better. (IMHO the deal I got was the one that was the best for me, but others felt different)

Plus we still don't have an announcement. So what if it's NOT DVC????

 

[flyerron]

NO, it makes no sense!!

 

[salmoneous]

As others have said, it makes no sense for CRV. However - and this is 100% speculation here - it is possible Disney will come out with a tiny resort somewhere down the line. So, if they did a GCV-only resort (as opposed to a larger Disneyland Villas) and gave current members first crack at point, it would almost certainly sell out before the general public gets a crack at points. The same would happen if they converted a building at Poly or GF to DVC...

 

[spaddy]

I think it might make sense if you wanted only a small contract at the new resort. But you never know what DVD will make the minimum purchase on a new resort.

 

[flyerron]

Realistically, the deals are not far apart if you cost them out over the years. If you saved an extra 1 or 2 thousand dollars the savings is very small. The program is designed to last 50 years & even 3 thousand dollars works out to $60 a year. If you finance for 10 years the difference is $300 a year. While any savings is worth it, it doesn't make sense to buy a small contract now to maybe get a better deal on a larger contract at a new resort.

 

[tor]

I also think not I can't see even the CRV selling out that quick.

 

[angeloco]

if I were to buy a smaller contract first, what is the minimum I could buy at a new resort??? Is it still 160 or am I allowed to get in at 25+.

I am trying to convince my wife that this is something that would be awesome for the family. I have stayed off property always and it's because we have gotten great "deals" staying "off". Last month and the past few years, we have stayed at the HGVC (both) and they have been great ($100 a night in a 1 bedroom) prior to that we rented a vacation home. So my wife has gotten spoiled (me too). I don't ever want to stay in a regular hotel room. Anyway, I love the Mouse and I have been in Poly, Contemporary, GF, WL resorts and have always wanted to stay on property but It's outrageous what they charge (rack). I figure DVC is a great option for me based on the fact that I want to take the kids every year for small vacation DD6 & DS2 and then hit HH for a beach vacation?? Trust me I wanted to buy in back in '95 but I was only 23 and broke!!! Now, I can afford it as long as the wife sees a good value in it. She wants to be able to go to Vegas or a beach somewhere but we always end up in Orlando. Maybe HGVC is a better option for me. I am just so confused. sorry about this post being so random it's just that I have been reading all about DVC and HGVC and I am in love with both... I just can't decide which is a better "deal"???

 

[salmoneous]

Quick thoughts:

If you buy from Disney, you must buy at least 160 points. You you go resale, you can buy in for as few as 25 points. Just know that small contracts are priced higher per point, as well as having higher closing costs per point.

You will always find cheaper places to stay offsite. No one can tell you how much it's worth it to you to stay onsite. If the extra cost is worth it, DVC is a deal.

 

[dianeschlicht]

Quick thoughts:

You will always find cheaper places to stay offsite. No one can tell you how much it's worth it to you to stay onsite. If the extra cost is worth it, DVC is a deal.

That is absolutely correct, and if cheap is what you want, there will always be better options than anything that involves Disney. On the other hand, there is a LOT to be said for staying on-site. The convenience, the amenities, the transportation, extra magic hours, etc, etc, etc. It's a TOTAL resort experience when you stay on-site. To me that is well worth the cost variation.

 

[flyerron]

There are always options for vacationing, There are inexpensive & more expensive plans. Generally you get what you pay for. IMHO I don't think you can have a better vacation experience than staying with Disney if you can afford it.

 

[angeloco]

I'm not saying the I want to stay in a cheap place 'cause, I don't even like staying in Hampton Inn's for a vacation anymore. I just want to be able to show my wife that it makes sense to pay $4,000-$5,000 a year for the next five years of vacations... In the long run it makes sense but she only sees short term...

 

[Amy5000]

I'm not saying the I want to stay in a cheap place 'cause, I don't even like staying in Hampton Inn's for a vacation anymore. I just want to be able to show my wife that it makes sense to pay $4,000-$5,000 a year for the next five years of vacations... In the long run it makes sense but she only sees short term...

Hey angeloco: I totally understand the calculation that you are doing...you are looking for value. It's a similar calculation I went through recently before I purchased my small resale contract.

As many have pointed out, you can get nicer units for less money off-property. For me that has a big draw. But the reason I bought DVC was I realized I wanted to stay on-property and there was no way I could stomach the rack rates at Disney hotels.

I will tell you that there were a few times when I was looking at DVC that I talked myself out of purchasing by looking at the cost of renting a 2 bdrm unit for 1 week. But when I talked to a friend about the benefits of staying on property (I'd only stayed on property once for a weekend) ...I decided to "splurge."

If you want to sell this to your wife...you really have to focus on the benefits of staying "on property." (e.g. not having to rent car, EMH, no sales tax on room rental, discount on APs, etc). If you look purely at the $$, you will not come out on the purchase side of things. DVC is only a "value" compared to other Disney properties (and not even Disney's value resorts).

If all else fails...take her for the weekend to SSR and make some spa appts for her. I've heard it worked for others.

Good luck. Amy

 

[dianeschlicht]

I'm not saying the I want to stay in a cheap place 'cause, I don't even like staying in Hampton Inn's for a vacation anymore. I just want to be able to show my wife that it makes sense to pay $4,000-$5,000 a year for the next five years of vacations... In the long run it makes sense but she only sees short term...

Actually, it was spending $4000-$5000 a trip each year at deluxe resorts that got us to buy DVC in the first place! We figured at that rate, it didn't take us long to cover our initial cost. We initially purchased 230 points, and later added on 150 and 69.