My husband and I have been considering to join the
DVC.
i would suggest it's better to think of DVC as something you own rather than something you join.
DVC is a timeshare. you buy pts that represent a real estate interest in a specific resort...it's deeded but works like a lease, so it will expire at some point, depending on which resort you buy into.
you pay an upfront cost for your contract and then you pay "annual dues" or "maintenance fees" each year for things like housekeeping, lobby staff, grounds upkeep and transportation costs to the parks.
based on how many pts you buy, you can try to rent different DVC accommodations at wdw, in hilton head south carolina, in vero beach, or in hawaii (california also but the resort there is very tiny). there are
point charts linked above that will give you an idea of how many pts you would need to accomplish what you want to do.
you can also trade out through RCI or, if you buy direct, you can trade for disney cruises or wdw hotels like port orleans riverside...but trading out is generally a poor deal.
And do you accumulate points when you stay somewhere or have to buy them? How many points allows roughly for a week stay at Disney World? Thanks!
you have to buy points. they are renewed annually until the resort expiration date. you can bank them ahead one year, but after that, you have to use them or lose them.
do you want to stay at old key west resort or grand floridian villas? do you want a studio (like a hotel room, but generally only with one "real" bed and one pullout sofabed) or a 3BR "grand villa" with a pool table overlooking an african savanna? do you want to stay in early november or christmas week? the costs vary considerably - look at the point charts linked here:
http://www.wdwinfo.com/disney-vacation-club/DVCpoints.shtml
this thread is also very useful:
http://www.disboards.com/showthread.php?t=2823949