Stay the year live the dream!

[Arthur27]

I often joke with my kids that I'm going to get enough points and stay a whole year at a DVC resort. What would you think it would cost (point wise) to stay in a one bedroom for one year? Gotta have a one bedroom so you can have the kitchen. Can you imagine staying a whole year??

 

[5forDiz]

idk but that would be living the dream There is a max on number of points that a member may own and also iirc some sort of max number of weeks you may stay at any one resort but then there are plenty of DVC resorts to move to after reaching that maximum amount of time so it shouldn't be a problem. DH & I would to be able to do such a thing but when I think of what those points would cost and MFs .....well I think we will have to be happy with staying less than a year and that's fine too any time at WDW is better than none at all !

 

[js]

Not sure if you are familiar with another site, but there are people there that are absolutely getting ready and purchasing points to do just this, once they retire. There are a few too that are getting ready to snowbird in DVCs and cruises.

 

[doconeill]

Quite a while ago I did some calculations.

I do not believe you can own enough points with the existing limits (5000 total points) to stay year round in a 1BR.

I think it WAS possible to stay in a studio at OKW though...

 

[chalee94]

I do not believe you can own enough points with the existing limits (5000 total points) to stay year round in a 1BR.

you could rent some of the time...

 

[doconeill]

you could rent some of the time...

Since we're talking retirement, I'm guessing that renting should be avoided

Now, if a couple is allowed to maintain two separate contracts...but then reservations must be independent and you may be required to relocate from time to time...

 

[RobDoc]

Using Caskbill's (Most Excellent) DVC Planner - which is currently valid for dates thru 2009 (and there are expectations of an upgrade to include the reallocated point charts for all resorts) - 365 nights in a 1BR would require the following for January 1 - December 31, 2009:

AKV (Value) - 8990
OKW - 10,311
BWV (St) - 10, 613
SSR - 11,582
AKV (Sav) - 12,694
BWV (Pref), VWL, BCV - 12,847

This is based on the actual point costs for 365 consecutive nights at each resort. There will be a minor fluctuation for 2010 due to the reallocation and due to the variance in weekend nights versus week nights but since the reallocation raised some nights and lowered others the total should still be close with some variance from year-to-year.

DVC does have a limitation of 2000 points per resort and 5000 per "member", but the are creative ways around those limits by deeding contracts in the name of each spouse, both spouses, corporate ownership, trust ownership, etc. So accumulating enough points for such utilization is not impossible at all.

Just think, the annual fees on those 10,311 points for OKW would only be $48,771.03 .

 

[Geoff_M]

However, there's one key reason that Disney might try and thwart such a move... If you lived at Disney for the balance of a year you could in theory claim legal residency status in the Reedy Creek Improvement District and join the voting rolls along with the select few Disney employees that control the legal structure of the Disney property!

 

[RobDoc]

However, there's one key reason that Disney might try and thwart such a move... If you lived at Disney for the balance of a year you could in theory claim legal residency status in the Reedy Creek Improvement District and join the voting rolls along with the select few Disney employees that control the legal structure of the Disney property!

No - they already have that covered in the documents. It is clearly spelled out that DVC ownership does not qualify a member for residency.

 

[DenLo]

Using Caskbill's (Most Excellent) DVC Planner - which is currently valid for dates thru 2009 (and there are expectations of an upgrade to include the reallocated point charts for all resorts) - 365 nights in a 1BR would require the following for January 1 - December 31, 2009:

AKV (Value) - 8990
OKW - 10,311
BWV (St) - 10, 613
SSR - 11,582
AKV (Sav) - 12,694
BWV (Pref), VWL, BCV - 12,847

This is based on the actual point costs for 365 consecutive nights at each resort. There will be a minor fluctuation for 2010 due to the reallocation and due to the variance in weekend nights versus week nights but since the reallocation raised some nights and lowered others the total should still be close with some variance from year-to-year.

DVC does have a limitation of 2000 points per resort and 5000 per "member", but the are creative ways around those limits by deeding contracts in the name of each spouse, both spouses, corporate ownership, trust ownership, etc. So accumulating enough points for such utilization is not impossible at all.

Just think, the annual fees on those 10,311 points for OKW would only be $48,771.03 .

Okay so maybe you could only do this every other year and then your annual dues would be half (only $24,385.51) Or throw in a cash cruise every so often and then return to the world so you'd use even less points. You could store your land stuff with the OL.

Heck I'd be happy just spending January through March at WDW! Okay, okay even a month!

Isn't fun to dream?

 

[Goofy DVC]

Can I add the Dining Plan to that idea.

 

[dizfan]

I do not believe you can own enough points with the existing limits (5000 total points) to stay year round in a 1BR.

I can't remember where I read it, but I heard Disney recently increased the maximum points an individual can own. I think the article said it was something like 8000 total points and 4000 maximum points can be owned at any one resort. To get around this, couples were buying the maximum under each spouses name.

 

[JasonDVC]

I can't remember where I read it, but I heard Disney recently increased the maximum points an individual can own. I think the article said it was something like 8000 total points and 4000 maximum points can be owned at any one resort. To get around this, couples were buying the maximum under each spouses name.

OMG! Who has the money to do that? Why would someone do that? I would like to hear the reasoning from someone who would own so many points.

I just want to do January 5-March 15. That would cost less than 1700 points at an AKV Jambo House Value 1br. Not bad!

 

[tinkerfan1]

Wow, you guys really dream big. I'm just dreaming to some day be able to own 1000 points and that is a DREAM!!!! Sort of like the one I have about what I would do if I won a multi-million dollar lottery. Of course, one of the answers to that involves buying DVC points!!! It sure would be wonderful! I'd love to have enough that I could bring people who could never afford to go on their own and show them a great time. I love the look on people's faces when they experience Disney World for the very first time.

 

[dcfromva]

...DVC does have a limitation of 2000 points per resort and 5000 per "member"...

I was surprised to find this has changed in our latest add on.

From the Purchase Agreement: Item 6. The Vacation Point System

To encourage purchase for personal use, Club Members may not aggregate Ownership Interests so as to compile more than 4,000 Home Resort Points per DVC Resort or an aggregate of 8,000 Home Resort Vacation Points at all DVC Resorts.... For the puupose of determining the total number of Vacation Points compiled, no separation shall be made of Ownership Interest owned by the same person(s) with other person(s) or entity(ies) in which any such person has a partnership, membership, beneficial or ownership interest...

 

[RobDoc]

I was surprised to find this has changed in our latest add on.

From the Purchase Agreement: Item 6. The Vacation Point System

To encourage purchase for personal use, Club Members may not aggregate Ownership Interests so as to compile more than 4,000 Home Resort Points per DVC Resort or an aggregate of 8,000 Home Resort Vacation Points at all DVC Resorts.... For the puupose of determining the total number of Vacation Points compiled, no separation shall be made of Ownership Interest owned by the same person(s) with other person(s) or entity(ies) in which any such person has a partnership, membership, beneficial or ownership interest...

Interesting! Thanks for the update. I wonder if they can really track the totals in all situations (or are really intereted in doing so), but the policy itself is an interesting change from the original policy!

 

[jlewisinsyr]

The interesting part is that there are people who really do have the maximums allowed (maybe even more if they were creative).

Considering the dues would include all utilities, landscaping and a weekly maid service including laundering of bedding and towels, the dues are actually a good deal if you really could stay all year long.

Think about it, $200/month for utilities, would be about $2,400 of the ~$60,000 dues. Laundry/Maid service would make up a good junk of the $60,000 if you include benefits/insurance and then taxes are already paid for.

 

[saintstickets]

Why not just buy a house in Celebration, FL (http://www.celebration.fl.us/), a FL resident AP and live there permanently?

 

[DisneyGerry]

Someone is selling 2.8m Wyndham pts on Ebay--that would have to be enough to get you year round vacation. Auction was low but you'd have some $1000 a month in maintenance fee.