Proof DVC is complicated.

[Chili327]

I’ve watched Graham many times and he seems to be a pretty smart dude, but this video goes to show how hard it is to understand DVC & how they don’t see the difference from other timeshares.
Also the video he is reacting to seems to not understand much either.
The comments are even worse on how ignorant people can be.

Do Not Watch if trying to talk yourself into DVC. lol (a ton of misinformation)

 

[walt34]

I’ve watched Graham many times and he seems to be a pretty smart dude, but this video goes to show how hard it is to understand DVC & how they don’t see the difference from other timeshares.
Also the video he is reacting to seems to not understand much either.
The comments are even worse on how ignorant people can be.

Do Not Watch if trying to talk yourself into DVC. lol (a ton of misinformation)

Both reaction videos are terrible and appear to be in bad faith. There is a lot of information in the original videos (mouselets, ...) that is being distorted. They are completely mixing up irresponsible spending (people buying DVC who really cannot afford it), the lack of a functioning resale markets for most other timeshares and a general 'timeshares are always bad' attitude with DVC itself.

 

[DisneyFanSea]

Both reaction videos are terrible and appear to be in bad faith. There is a lot of information in the original videos (mouselets, ...) that is being distorted. They are completely mixing up irresponsible spending (people buying DVC who really cannot afford it), the lack of a functioning resale markets for most other timeshares and a general 'timeshares are always bad' attitude with DVC itself.

100% agree both reaction videos are done in absolute bad faith. It is similar to generalizing that buying a new car is absolutely a poor decision for every single person.

I love how he generalizes Disney timeshares. Shows a screenshot of AKL selling for $110 / point then goes on to say that people are giving their timeshares for free then shows an image of Marriott timeshares selling for $1.00

Goes on to say that he would want to go to Disney every 3 year at most but doesn't recognize that Disney timeshares can be optimized for such that they can be beneficial for a person who only want to visit every 3 years with banking and borrowing points.

Ignores the market value of cash rate vs annual dues and average annual yoy changes for both. Ignores the resale market and purchasing DVC through resale. Ignores the flexibility of the program to use in other DVC resorts or through international interval. Ignores the rental market and the net profits from doing so. Falsely states that Disney DVC employs traditional timeshare high pressure sales tactics.

Both go to shame people for their hobbies and entertainment of choice being Disney.

I urge people not to watch these videos and not contribute to their ad revenue. The only source of wisdom here is the general message that you shouldn't spend beyond your means and go into debt for vacation / luxury purchases.

 

[IsDVCForMe?]

Actually came across this yesterday while watching The DVC Show on YouTube. Thought I’d watch it to see if there were any good points he made.

From a financial perspective, he does make good points when it comes to people going into debt for DVC.

Thought it was funny there was no mention of the resale market. He also mentioned people are trying to give away their DVC points lol. Seems like he purposely left information out or added information in that wasn’t DVC related to make his point - as someone stated earlier he displayed a screenshot from another timeshare. I’m new here but informed enough to catch his inaccuracies.

I think this video is tailored to those that are making irresponsible DVC related decisions but he generalizes, which takes away from the validity of the video.

 

[DeeBee3]

I haven't watched the video, but if someone out there is giving away their points, send them to me!!!

 

[IsDVCForMe?]

I haven't watched the video, but if someone out there is giving away their points, send them to me!!!

I said points but meant contracts. Same thing I guess plus having to pay for dues.

 

[Brian Noble]

they don’t see the difference from other timeshares.

I'm not sure I do either.

 

[Sandisw]

I'm not sure I do either.

The only difference I see is that as long as WDW exists, it might be easier to get out of than others.

Price it low and someone will attempt the purchase.

 

[IsDVCForMe?]

Now that you mention it, I don’t see a difference either. Guess I’ll just have to sell my contract. Shucks!

… hopefully someone will buy it.

 

[walt34]

The only difference I see is that as long as WDW exists, it might be easier to get out of than others.

Price it low and someone will attempt the purchase.

But that is quite an important difference, in my opinion.

 

[Moonspinner]

Disney and dvc are far from perfect but we’ve tried lots of other vacations over the years and for us Disney is still at the top in customer satisfaction. Disney is expensive but everything else out there is expensive too. There was a point where we actually tried to “de-Disney” for about five years and we realized it was futile. And if you are going to vacation with Disney, dvc is a steal.

 

[cruisehopeful]

There was a point where we actually tried to “de-Disney” for about five years and we realize it was futile.

I tried to do that several times throughout my life. I bought DVC when I finally gave up on trying to find a different vacation that I liked as much.

 

[Memorymakerfor4]

I tried watching and regret every second of that time lost. I turned it off after 5 minutes after he called it the Disneyland Vacation Club.

 

[thanxfornoticin]

The video is a lot of blah blah and really doesn't 'prove' much of anything most of us didn't already know - he seems to fill in the 'cons' column of a DVC purchase and ignore the 'pros'. The only thing of value should be common sense and not require a clickbait video - when making a major purchase, like a car, timeshare, home, etc - do your homework and be financially smart. If you don't need it and/or can't afford it, don't do it...... That's nothing specific to DVC purchases.....

 

[Judique]

@Chili327

Since this youtube video is so obviously clickbait, I'd unplug it in your post not to help the baiter to make money.

 

[Brian Noble]

But that is quite an important difference, in my opinion.

The vast (vast) majority of timesahres have positive usage value, even though they don't have much market value. Given that, it is pretty easy to offer them up for adoption on e.g. tugbbs. I've successfully adopted a few this way, and they have delivered solid value since then.

https://tugbbs.com/forums/threads/how-can-i-give-away-my-timeshare-on-tug-for-free.132509/

 

[Mr_Woodchuck]

the biggest difference for me is that the other timeshares don't let me stay at Beach Club.

 

[walt34]

The vast (vast) majority of timesahres have positive usage value, even though they don't have much market value. Given that, it is pretty easy to offer them up for adoption on e.g. tugbbs. I've successfully adopted a few this way, and they have delivered solid value since then.

https://tugbbs.com/forums/threads/how-can-i-give-away-my-timeshare-on-tug-for-free.132509/

No doubt about that. I just pointed out that I feel that market value is a noteworthy difference to some other timeshares. It should never be a main reason to go with DVC (as development of the past is a bad predictor for the future) and it certainly wasn't for me but if life happens and you can't or don't want to use it anymore, there is a better chance to get some money back.

 

[mistysue]

How much do you think this guy is getting from referrals for his meal kit he's pushing?