Questions about DVC

[AZKempson]

Do you buy or lease the points? That is, do you get title to them and own them as property, or do you have rights to use them for a limited number of years?

What are the annual maintenance fees per point?

We are timeshare owners with Shell vacations Club and are considering buying a DVC too.

TIA,
Dave

 

[tjkraz]

Do you buy or lease the points? That is, do you get title to them and own them as property, or do you have rights to use them for a limited number of years?

It's a deeded ownership interest that expires at a specified future date. Take that however you wish.

Owners at Saratoga Springs have contracts that run through January 31, 2054. The rest of the DVC resorts end on January 31, 2042.

Some people seem to have a hang-up over the ending date, but I can think of two factors that are impossible to ignore:

1. You won't find a timeshare on Disney property that DOESN'T have an ending date.

2. All things being equal, the typical family that visits Disney at least once a year WILL save money...a LOT of money.

What are the annual maintenance fees per point?

Details here:

http://www.disboards.com/showthread.php?s=&threadid=483351

 

[CarolMN]

It's more like a "right to use" contract. I believe that technically, you are buying a deeded interest in a lease. At the end of the term, all ownership interests revert back to Disney.

Best wishes -