Pulling my hair out.. WHY won't my In-laws buy?!

[Caitsmama]

It truly drives me crazy!!! My inlaws are disney freaks and go EVERY thanksgiving, for over 20 yrs now..
I started talking to my mil about DVC and she just doesn't seem interested, even though i KNOW it would be a way better route for them, and would pay off in the long run..

Breakdown on them: They are mid 50's, go to WDW every thanksgiving, stay 1 week at deluxe hotels - Conceirge- and usally bring others (like us! ) and they have annual passes already.. Sometimes, they go twice a yr, like this yr, they went also to WDW for memorial day weekend (4 days), and they go on the DCL just about every yr too!

They were approached when WDW first started the DVC, and they could have bought into OKW (when it was brand new) for get this---- 6k!!! And yet, they turned it down b/c they would have had to skip a yr or two at the time due to finances and family, to begin making payments!!

Now, this yr, we are going (11 of us) with my inlaws footing the hotel bill (this is what they choose to do-) and they are spending about 5k on just 2 rooms at the YC Conceirge for a week!! Last yr was about 6k, due to the size room they wanted.. (BC last yr).

Now, i am not a brain surgeon, but, it seems that DVC would be a WAY better payoff for them, since they talk about how they won't be leaving us any inheritance, and they want to "make lasting memories" with the grandkids now.. With buying into DVC, they would be able to leave us memories for years to come, as well as enjoy more years themselves..

Does it just not make sense?? I want her to take a tour this yr when we go.. I personally think she is just confused to all this.
Although, her current reasoning behind it is- "they like to stay at different deluxe hotels" (Which i know they can switch b/w the DVC's) So, that theroy is shot, then they also use "Well, we like to stay conceirge - we don't want to have to cook"..

Please help me..................................

 

[1000th happy haunt]

If your in-laws are in a financial position to spend on a deluxe hotel (concierge) room every year or so, then I don't see any problem. DVC isn't for everyone.

I had mentioned DVC to my brother, who bought into another timeshare in the Orlando area. He said he looked into DVC but had a problem understanding "all the points". For him it's easier to have one week out of the year.

It sounds to me like they're having a good time spending your inheritance

 

[Caitsmama]

I agree, it's not for everyone.. I would just think that it would save them some money in the long run- Wouldn't it??

 

[BrianD]

Well I can see a few reasons that they have not bought in to DVC. Some of them are the same as why we haven't. You mentioned they go for Thanksgiving every year, and this past year they also went over Memorial Day Weekend. Fri. & Sat. night stays are more than double the points of weekdays. (That's a big issue for us.) Also, they like to visit the different deluxe hotels, and there are a few really good resorts that have no DVC attached to them. (Our favorite resort is the GF - I want to stay there a lot.) Thirdly, they like to stay concierge, so maybe they like to be really pampered. Staying concierge and staying at a DVC, are two different experiences. And finally, if I were in my mid-50's, I wouldn't be interested in purchasing a time-share, unless the reason is to pretty much make it a gift to my children.

So, I believe that DVC doesn't always make sense just because you go to WDW a lot, it also has to fit in with how you like to vacation.

It sounds like something you are interested in purchasing, so maybe you should and then they might see how good it is!

 

[Caitsmama]

Thank you brian- That makes sense i guess!! I guess if they would have taken advantage of the ground floor oppertunity, it would have definately been great.. but as they get older, i guess it makes less and less sense.
I am definately interested in someday persuing a DVC, It's just not quite the right time for that.. but maybe in about 5 yrs.. we'll see.

 

[salmoneous]

I personally think she is just confused to all this.

In my experience, people capable of treating their family to $5,000 worth of hotel rooms each year don't like being told they are confused on financial matters. Do yourself (and your relationship with your MIL) a huge favor: let it go. Enjoy their generosity and bite your lip anytime you feel the urge to explain the big mistake she is making.

 

[crisi]

I like DVC a lot....but once our kids grow up I don't know if I'll keep it. We like Deluxe hotels. We like daily housekeeping. We like staying at the Poly and Grand Floridian. We don't care about a concerige level of service, but if you did, DVC can't replicate that experience. DVC may be cost effective, and its a great value for our family at this point, but it may not be what we WANT long term.

 

[TheRustyScupper]

In my experience, people capable of treating their family to $5,000 worth of hotel rooms each year don't like being told they are confused on financial matters. Do yourself (and your relationship with your MIL) a huge favor: let it go. Enjoy their generosity and bite your lip anytime you feel the urge to explain the big mistake she is making.

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

 

[mikesmom]

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

Can we join your family??

 

[bpmorley]

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

yeah really, got room for one more?

To the OP, what makes great sense to you doesn't to MIL. I would just let it go and if they're still willing to pay, let it be. Have you thought about buying for yourself?

 

[Caskbill]

They were approached when WDW first started the DVC, and they could have bought into OKW (when it was brand new) for get this---- 6k!!! And yet, they turned it down b/c they would have had to skip a yr or two at the time due to finances and family, to begin making payments!!

Just to set the record straight, they could not have purchased into OKW for $6,000. The original minimum purchase was 230 points, and pre-sales went for just under $50/point, so they would have been looking at about $11K.

By mid 1993 the minimums had been reduced to 180 points, but the price was up to $57.50/point, so the minimum purchase would have been about $10,350.

At 3% inflation, $10,350 in 1993 would be almost $15K in today's dollars. So that may put a different light on their decision not to purchase.

 

[Inkmahm]

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

GRANDPA! Remember me? Your long lost granddaughter?

 

[prez65]

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

How rude making your kids/grandkids pay their own transportation

 

[dvc at last !]

DVC is not for everyone -

It is a lot of work planning in advance, keeping track of points used, left, banking, borrowing .............

Understanding the system !

 

[bobbiwoz]

I think that "Thank you!" is all you need to say now. I hope when you do buy into DVC that you invite them back on your dime.

The money is theirs to spend as they chose.

Bobbi

 

[rigsby25]

1) Youbetchyabygollybygee.
2) EVERY year grandpa pays for the WHOLE extended family (19) at WDW.
3) This includes hotel, tickets, food, souvenir allowance, and spending money.
4) This even includes special events like Medieval Times dinner show.
5) Last year it was about $17,000 in total.
6) Only just lately has grandpa made kids/grandkids pay their transportation.
7) If grandpa wants to pay, then he can decide where/how to stay.
8) By the way, I am grandpa.

Grampa - you surely will be remembered by your WHOLE extended family with love and a smile for your kindness.

 

[byoung]

Don't think they care if they save money. If they have it let them keep doing what they are doing.

 

[Cruelladeville]

Why not take your in-laws along as you tour a DVC, because YOU are thinking about joining? After all, that's what you're really talking about. Don't forget that many of us went on several DVC tours before taking the plunge. We personally went every year for 6 years before finally buying our first contract, eventually all my brothers and sisters ended up buying into DVC or other timeshares, too.

 

[bpmorley]

Just to set the record straight, they could not have purchased into OKW for $6,000. The original minimum purchase was 230 points, and pre-sales went for just under $50/point, so they would have been looking at about $11K.

By mid 1993 the minimums had been reduced to 180 points, but the price was up to $57.50/point, so the minimum purchase would have been about $10,350.

At 3% inflation, $10,350 in 1993 would be almost $15K in today's dollars. So that may put a different light on their decision not to purchase.

Actually yes they could have. 2 guys I used to work with bought in the first year. With all the incentives(cash back) it was less than $50/ point. Now throw in the free AP's that they got for a couple years and those new owners made out like bandits. It works the same way my first SSR contract worked. It was $91 or 93 per point but after kickbacks it came out to 74/point.

 

[dianeschlicht]

I think that "Thank you!" is all you need to say now. I hope when you do buy into DVC that you invite them back on your dime.

The money is theirs to spend as they chose.

Bobbi

Thank you for expressing the thoughts I had too, Bobbi!