Chandy
I feel your pain
We own Hilton and love their resorts but when in Florida it is just not Disney. We will be under the same use restrictions as you and have been really torn about buying
DVC for a long time. We are a family fo 3 with an almost 5 year old. We are timeshare diehards. Once you have stayed in timeshares, hotel rooms will just not do for family trips.
With that being said we placed an offer on a 250 point contract at OKW and got it accepted just last weekend. Wether it passes ROFR, that may be a totally seperate issue.
Here is our own personal reasoning that brought us to buying Disney:
1)There are perks staying on Disney Property that you will not get anywhere else. Access to Disney Dining, Early Entry, are the 2 key ones for us.
2)We own 4 Hilton weeks that have been real champs when we have wanted to rent them out. With that in mind their rentals will help offset the extremely high cost of buying in to Disney. This is key for us as our Hilton rental will be paying our Disney Maintenace Fees
3)We are praying that with Disney now owning a piece of property across the street from
Disneyland that a rumored 3rd park and timeshare resort will be built
4)We can always stay at another timeshare really cheap if we want to go to DisneyWorld. However, as sledom as we can go we want to maximize our time at the parks and enjoyment. We feel DVC does that for us.
5)Financially, I could not justify this decision living in California if I thought it would be worth next to nothing in about 15 years when its use for us would be much more limited. With that in mind, Disney use of ROFR and increasing costs have kept the resale market climbing for the last 15 years. We realisticaly feel we will be able to recoup our upfront investment if and when we decide to sell it when it's use with our son will no longer be needed. As an example, when we first looked 6 years ago it was about $55 a point for OKW vs the $75 where it is today. We understand ththere is only 36 years left and will be monitoring the resale market closely over the 10-15 years of use that we intend to keep the timeshare.
6)You can always rent your points out if you can not go in a specific year. In your case renting every other year would pay your maintenace fees for both years and probably leave you a little bit left over.
7) I am a cheapskate - I know, I just agreed to a contract costing almost $19000. How can that be. We know that we have difficuly putting out large rental fees for accomidations. For me everything is about value. so with that in mind, I could never pay the $2500 + rental fee to stay at DVC when I can stay at Hilton or somewhere else for 1/3 of that. WIth that being said we know we have to have points to use if we ever are going to stay at the resort we want to stay at.
8)Biggest and Final Factor - We love Disney - My 5 year old has been to Disneyland 10-12 times already. Disney is a part of our life. For us it is about making memories. Is it a perfect financial decision, no. However, it is a decision that we can live with financially and we know without question that we will truly get great happiness in using it while our son grows up.
I hope in some way this help. If my wife or I can answer any more questions for you just let us know.