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 our 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.

Down to one Contract now

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.

 

[tachyonbb]

Our first purchase was when we were in our 40's. Added on resale about 8 years later. Both of our adult daughters are now on our contracts and we plan vacations together. When we are gone our daughters will use the DVC contracts and right now it looks like our grandsons (who are also disney fanatics) will continue the tradition.

 

[Ralph&Pam]

Mid-50s for us, a quarter-century or so ago.

 

[tx911]

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?

Yep, mid 50's for me as well. Wish I had bought in earlier, but realistically 6 years earlier is the soonest it would have happened.

 

[kanerf]

Looking back, I purchased my first DVC resale contract in 2011, so I would have been 51 at the time.

 

[Judique]

First contract at 47. Added on a couple of times before I was 50. I was divorced for a few years by then and free to use my income as I wanted. I bought with the intention that I might outlive my contracts or not, but I'm giving it a good go! I've never had any intention to sell, mostly to use. Bought where I love to stay and this has mostly remained true. Only exception I own both BWV and BCV but prefer BWV. Occasionally I stay at BCV but most of the time I reserve it and do something else.

 

[zackiedawg]

I bought in so far only once, when I was 26. I've owned at Boardwalk since 1996 - and since my resort is a 2042 resort, I will have to see what they end up doing and make some kind of decision around 2041, when if I'm still around, I'll be 73. What I would really love more than anything is if they offered some kind of extension like they did at OKW (they might do it in a more organized way this time), where I could be offered a discount to add on another 15 years or something. That would be perfect for me. Otherwise, I'll need to weigh the cost of buying new DVC vs just paying cash for however many years I'll have left at that point - all very unknown at this point not knowing if I'll be around, what my health will be like then, whether I still live in Florida, and so on!

 

[Genie+]

Late bloomers here as well

We first bought as we crossed into 50s. Made BWV an easier proposition for our first contract. Perfect fit!

After that we wanted something on 7 Seas Lagoon and those were all longer. I didn’t mind though and ended up buying VGF direct under good incentives. Whether it’s eventually sold or our kids accept it, more meat left on the bone. It’s nice to think of them using well into the future. If not then hopefully the time left and location helps it sell.

 

[TinkAgainU]

I bought in so far only once, when I was 26. I've owned at Boardwalk since 1996 - and since my resort is a 2042 resort, I will have to see what they end up doing and make some kind of decision around 2041, when if I'm still around, I'll be 73. ...

Not a huge difference*, but for the record, the deeds expire in January - as in January 2042, so I'd figure that 2041 (people making last ditch effort to use points) and 2042 are not going to be easy access - if a typical owner can get in at all. DVC might offer some adjustment program, but they've pretty actively shown a disinterest in current owners, to focus on large point new direct buyers, so I'd be hesitant to expect any particularly good deals on those expirations.

*Unless the math is already iffy lol.

 

[tvguy]

While we are overdue for a Disney trip, the math just never worked out. While our friends still consider us Disney Nuts........because we went to Disney every OTHER year when our kids were still living at home, by DIS Board standards we are lightweights.
As for leaving it to the kids. not sure our daughter will ever be living in the U.S. again. Our son, DIL and 3 Grandchildren live 40 minutes from Disneyland so don't need hotels when they go, and stumbled into a situation where they get free admission, so they would not use it.