So who can give me a brief clear run down on how DVC works?

[maxsmom]

This is what I know: you buy a set amount of points, you have yearly maintenance fees. You have those points to use each year or you can save them for the following year and you can borrow from the next year. What other expenses are there associated with my room for each years resort stay? I think the maintenance fees change. Is this a gradual change or one that can catch you off guard. When are these due? Can they be paid monthly or is it one lump sum? Thanks!

 

[chalee94]

This is what I know: you buy a set amount of points, you have yearly maintenance fees. You have those points to use each year or you can save them for the following year and you can borrow from the next year. What other expenses are there associated with my room for each years resort stay?

hawaii (aulani) has an occupancy tax when you stay there. other than that, you pay the upfront cost to purchase a contract and maintenance fees and that is all.

I think the maintenance fees change. Is this a gradual change or one that can catch you off guard.

little of both. for the most part, expect them to track inflation (3% or so per year). you can see the history (and a bunch of other great info) here:

http://www.disboards.com/threads/dvc-resource-center.2823943/

When are these due? Can they be paid monthly or is it one lump sum? Thanks!

due in Jan each year. you can also spread the cost monthly by setting up auto-payments from a U.S. checking account. (no extra fees.)

 

[maxsmom]

Thanks so much!

 

[MrPTato]

Can you do monthly with credit card or just the one payment in January? Anyone know if this counts on the Disney Premier card as 2% for rewards?

 

[maxsmom]

So, friends told us they bought 100 points. They were told by Disney (bought directly through them) that is 6 nights or one week. Is this possible? I've googled points charts and this seems off. They are limited at what time of year they can travel since they are teachers and cannot travel during the off season.

 

[MrPTato]

Depends where they purchased at. All resorts have different point structures.

 

[chalee94]

So, friends told us they bought 100 points. They were told by Disney (bought directly through them) that is 6 nights or one week. Is this possible? I've googled points charts and this seems off. They are limited at what time of year they can travel since they are teachers and cannot travel during the off season.

in a studio (say, at OKW), yes, that would be true. depends a lot on season, size of villa and resort.

 

[maxsmom]

They were told they were buying a week, 6 nights at the Polynesian. They said they bought 100 points and that they could stay for a week, 6 nights. The charts I'm looking at would require 142 points and maybe some yrs 129 points if our school year ends early enough.

 

[chalee94]

They were told they were buying a week, 6 nights at the Polynesian. They said they bought 100 points and that they could stay for a week, 6 nights. The charts I'm looking at would require 142 points and maybe some yrs 129 points if our school year ends early enough.

1) i don't recommend buying directly from disney partly for this reason. DVC salespeople are trying to make a sale and some are great but some are more than willing to shade or bend the truth to make a sale.

2) if your friends bought within the last 10 days or so, they still have the right to back out of the purchase. (it drives me crazy, though, when people spend five figures on something they don't understand at all - it only takes 10 seconds to look up the point chart on your phone and see if the salesperson is lying or not...)

 

[maxsmom]

thanks

 

[chalee94]

Can you do monthly with credit card or just the one payment in January?

monthly is only for auto-pay with a checking account.

with a credit card, you'd have to pay it all.