Some info for those on the fence.

[TSM1993]

We had a AAA travel show in our area this past weeken so I was curious what our rates would be thru AAA for the same time we are going to be down there. Our home resort is SSR. We are staying Oct 15 -22 1 Bedroom.

Here is the rates AAA members will get at different DVC resorts for the same week(time). Includes tax.Includes AAA discount.

SSR- Studio 269/ a night total $2100
1 bedroom 364/a night total $2841 (ours)

Beach Club - std view $319/a night $2420

Old Key West - same as SSR

WL - Woods view $247/ a night $1928
Courtyard view 279/ a night $2178


So for us we financed thru Disney for 10 years We did 160 points ($16,000)and go to WDW once a year. (SSR)

So even at studio rate at $2100 for ten years will be $21,000 dollars which if you fiqure in about $500 dollars for maintence fees we will break even at about 10 years. 11 years we will start seeing our investment starting paying off. So pretty much all of our stays will be free starting now all we have to pay is the maintence fees.

But with $2800 dollars it will take less time for us to reach just paying maintence fees.

Keep in mind rates do differ during the year but hopefully this helps and this is based on AAA rates as well.

 

[Amy&Dan]

Thank you for posting this information! Even though DH and I have done the same type of math since buying our DVC a year ago, it was such a big investment and I occasionally get that horrible feeling of, what have we done, are we just kidding ourselves that this made sense? Posts like this always make me feel better!

 

[owtrbnks]

Is DVC offering interest-free financing now?

 

[Amy&Dan]

Is DVC offering interest-free financing now?

Of course not, but with hotel rates going up I would imagine that even with interest, it won't take more than 10-12 years to begin to see the investment paying off.

 

[utahkennedys]

Don't forget, the resort rack rates don't include the high taxes/resort fees that you don't have with DVC, so it's an even better deal.

 

[Woodcourt]

just wondering what type of financing does disney offer?

 

[zalansky]

I am not an expert like most folks here....but I think your best bet is to finance through Disney because they will pay for your closing costs. I believe the interest rate is about 9.99%? But you can pay it off with a home equity line if you've got one, which is what we plan to do. The rate is much lower. Of course, we put down as much as we possibly could which was $5500. We hope to pay it off within this year.