Purchased DVC at 55…anyone else?

[melissa70]

We’ve been Disney people for 25 years. When RCI ended DVC trading we decided to purchase 500 resale points so we could continue staying where we love and even try resorts RCI never offered. Anyone else make the jump later in life?

 

[geargrinder]

Yes, wife and i were both in our early 50's for out first DVC purchase. Took the youngest for a week at AKL (first home resort) for their HS graduation. Have since stayed at HHI, a week at Aulani, a week in a Jambo grand villa, and a couple stays in VDH(second home resort).

Its going to make for multiple yearly stays for me an the wife, and less for family outings.

 

[cruisehopeful]

Yes, indeed! Purchased at 55, added a few years later. Might add on again. I super don't care about contract length, ROI, resale value..etc. I only care that I have a vacation home that I want to visit on the regular and I intend to enjoy it as long as I can. My kids can keep it or sell it when I can't use it anymore.

 

[melissa70]

Yes, indeed! Purchased at 55, added a few years later. Might add on again. I super don't care about contract length, ROI, resale value..etc. I only care that I have a vacation home that I want to visit on the regular and I intend to enjoy it as long as I can. My kids can keep it or sell it when I can't use it anymore.

Love it!

 

[melissa70]

Yes, wife and i were both in our early 50's for out first DVC purchase. Took the youngest for a week at AKL (first home resort) for their HS graduation. Have since stayed at HHI, a week at Aulani, a week in a Jambo grand villa, and a couple stays in VDH(second home resort).

Its going to make for multiple yearly stays for me an the wife, and less for family outings.

Sounds wonderful !

 

[TinkAgainU]

Yes, although I'm aware unless the kids want it (probably not, they find it too complicated and are not happy about planning 11 months in advance since the G'kids schedules would likely change by then), the math is not great for a senior.

By the time I take the purchase price (and closing costs) divided by the number of realistic years (ie: nights), and added the dues per night - the cost per night to stay was a lot more than if I simply invested that upfront money in a CD and paid $18-25 per point for a room when I really want to go.

And I'm not as sure as some that the resale value will be that high in say 10 or 15 years to offset that upfront either - the greater restrictions and higher closing costs are a clear indication to me that Disney is purposely mucking up the resale market (enter sad sigh here). If the value drops significantly, like 99% of the timeshares in the world do, that really affects the value to me as someone unable to use the points until the Deed Expires.

YMMV

 

[Simba's Mom]

For once, I feel young! We bought DVC as my 50th birthday present. Our last add-on was when we were in our mid-60s.

 

[stevelle]

Mid 50's for us. We'd been looking into it before covid but then our trip got cancelled and it was a few years before we could get back. Bought resale and then Riviera direct back in 2023. We added our adult daughters (both love Disney and the youngest one just got engaged there in the fall) to the contracts to ease the transition when we can't go anymore.

 

[RuntheMouse]

Not 55 but 48/50 when we bought in. We bought as part of our retirement planning! We go to WDW several times a year and wanted to include that in our future plans. We have staggered expiration dates which I think will suit us well as we age.

Lil’ secret….we don’t even have kids to pass it down to!

 

[CarolynFH]

We were in our late 40s but our kids were young. It's quite possible that we'll expire before BWV does, but I hope not! If we do, DD can do as she wishes with the points; she's now a co-owner so could avoid probate in Florida.