Really like to know....

[Renate_do]

how you can afford to buy into DVC.

Seriously. I´m from Germany and be very interested in buying into the DVC. I´m already trying to find out how I could save enough money for it.

Seems to me that all of you are very rich , or that the income in USA is much higher than at Germany.

I know that I cannot get a resale loan from Tammac as I´m not an US resident.
How does it work with DVC? (sorry for asking, but they dont give me any information while not at WDW as they are not registered at Germany)
Some of you mentioned a downpayment through Disney...but would it work for me? How many % is the deposit?

If you dont like to answer on this board feel free to send a PM or email.

Greets Renate

 

[amyup]

Disney has financing where I think you can put as little as 10% down and finance the rest for up to 10 years. Their finance rates are 9.75% not sure if they do it outside the US though.

As for being rich I wish!! We are in the process of buying a 100 point resale contract because we can't afford any more points than that at the moment. Unfortunately, with my bad planning (I can't seem to add correctly) we are going to have to finance it. I was able to get a good credit card rate 1.9% for the life of the loan on a card I already had. So my plan is to pay off the card before we even go on our first trip home (nov 2006).

So we have no big vacations planned until then (of course we plan on hitting Disneyland this Nov., got to get my Disney fix).

HTH, sorry for giving you my life story!

 

[crisi]

Here you go...per capita income by country

http://www.ywamconnect.com/c9/images/21/1/0/121/54709.doc

 

[TW1]

I'll take a stab at this one....

Renate, the people on this list are crazy about the mouse.

In general most will admit to vacationing at least one week a year, loving to go to WDW, and accoustomed to spending $150 a night on a room.

Add those together and you get about 80,000+ families that wanted to own a piece of the Mouse Kingdom. (a very small percentage of 250 million Americans)

Now, we all buy for our own reasons, but for me it is a matter of economics. Owning a house is makes more fiscal sense than renting. Thus owning a vacation 'house' can make more fiscal sense that paying each time I go away.

DVC is for me is a way to go to WDW often and try and keep it affordable for the long term.

Now, what I'd like to know is how German's get 4, 5 even 6 weeks paid vacation! But if I had that much time, I'd need 1,000 DVC points!

 

[jnrrt]

Here you go...per capita income by country

http://www.ywamconnect.com/c9/images/21/1/0/121/54709.doc

That's it! I'm moving to Luxemborg!

 

[princess mom]

i sent you a pm

 

[Maistre Gracey]

I think it has to do with personal choice, rather than income. My wife and I are Disney lovers, and we choose to spend most DIScretionary income on DVC/Disney vacations.
I would dare to say that if family and friends knew what percentage of our income was spent on Disney, they would have us thrown in the loony bin.

Good luck!...

MG

 

[tc]

As for us, our Disney vacations are a high priority, so buying DVC was a money saver. We refinanced our house and took the money to buy out of our equity. We were in a really good real estate market at the time, and had a ton of equity. We aren't rich, nor do we spend extravagantly when in WDW, but DVC is a must for us.

 

[Greysword]

Here you go...per capita income by country

http://www.ywamconnect.com/c9/images/21/1/0/121/54709.doc

hehe, I waonder how many Americans Bill Gate's income is offsetting.

 

[mark&sue]

We are from the UK and the exchange rate is so good we just had to buy when we were over in WDW in October.

I spend half of my wages on holidays and as I love Disney holidays this was a must. This was too good to be true as it guarantees me a Disney holiday every year for 49 years.

It is good value if you usually stay at least at the moderate Disney hotels and is very good value if you are used to staying at the deluxe hotels. You will just need to find a cheap flight!!!!

I hope this helps.



Susan

 

[Renate_do]

I'll take a stab at this one....

Renate, the people on this list are crazy about the mouse.

In general most will admit to vacationing at least one week a year, loving to go to WDW, and accoustomed to spending $150 a night on a room.

Now, what I'd like to know is how German's get 4, 5 even 6 weeks paid vacation! But if I had that much time, I'd need 1,000 DVC points!

That what we are going to DLRP almost 10 times a year since we bought an AP in 2003.

About the German vacations it is said by law that you will have to get 24 working days of paid vacation a year and they have to give you at least once 14 days (including weekends) in a row.
Most of the unions got 30 days for the people. It sounds a lot, but believe me, when you are used to it, it becames less
Dont know how it is at the USA, here you often need a day off to do things like getting your papers ready cause the opening hours of most of the places is only 8 to 4.

Greets Renate

 

[rinkwide]

That's it! I'm moving to Luxemborg!

Yep, everybody there owns DVC memberships.

 

[drakethib]

how you can afford to buy into DVC.

Seriously. I´m from Germany and be very interested in buying into the DVC. I´m already trying to find out how I could save enough money for it.

Seems to me that all of you are very rich , or that the income in USA is much higher than at Germany.

I know that I cannot get a resale loan from Tammac as I´m not an US resident.
How does it work with DVC? (sorry for asking, but they dont give me any information while not at WDW as they are not registered at Germany)
Some of you mentioned a downpayment through Disney...but would it work for me? How many % is the deposit?

If you dont like to answer on this board feel free to send a PM or email.

Greets Renate

To us it is a matter of what we are willing to sacrifice elsewhere to be able to afford DVC.

We cut back elsewhere to make up the difference on what we will be spending to enjoy Disney such as not buying a $4.00 cup of coffee at Starbucks, etc.

 

[justjudy]

I agree with the above posters that, for us, it is a matter of priority. We made our initial purchases with money that we inherited from grandparents and parents. To afford the yearly maintenance/travel expenses, we cut back in other areas. We don't buy expensive clothes,we buy drugstore health and beauty aids as opposed to salon products, when we eat out it's at the local diner or hamburger joint, etc. For us it's not hard, as I'm cheap , and I'm the one who handles the family finances.

 

[IsAreWasWereAm]

That what we are going to DLRP almost 10 times a year since we bought an AP in 2003.

Wow, that would be so cool. Our AP is only good for a year.

 

[Renate_do]

Wow, that would be so cool. Our AP is only good for a year.

Its the same at DLRP, so its our second one know
but it is only 159€ ca. 200$ and you get 10% discount on food and merchandise, but no great AP-rates for the hotels.

Greets Renate