Still not at peace re: trading-out issue

[spiceycat]

you can buy a cheaper timeshares - for under $3,000 if not $2,000 with cheaper maintence fees to trade.

Disney is expensive.

it just depends upon what you value the most - your money or your time.

if you value your time go with DVC trades. but please, please go join www.tug2.net for their reviews.

you have to join to read their reviews - but it is $15 worth of insurance.

not very often - but more often that I would hope - someone complaints that DVC did them wrong. they did not research where they were going and ended up in a not very nice place....DVC does not personelly investigate each place that II list with them. They take II word that these are the best in the area....Sometimes I think II is being bidded. they list Westgate a lot. Yes - Westgate has nice places - but they will pester you to death to go to one of their sales pitch (also called maintence meeting). So will some others that II has listed. II know this!!!!

Dean had at one time a list of the best II to trade too. If he still has it I really wish he would post it again.

now those trades are worth a DVC resort - some are even better. but on the whole you need to be carefully trading your DVC because most of II can't compare with it.

most of the Marriott are okay - Hyatt are fine.

 

[Dean]

you can buy a cheaper timeshares - for under $3,000 if not $2,000 with cheaper maintence fees to trade.

Disney is expensive.

it just depends upon what you value the most - your money or your time.

if you value your time go with DVC trades. but please, please go join www.tug2.net for their reviews.

you have to join to read their reviews - but it is $15 worth of insurance.

not very often - but more often that I would hope - someone complaints that DVC did them wrong. they did not research where they were going and ended up in a not very nice place....DVC does not personelly investigate each place that II list with them. They take II word that these are the best in the area....Sometimes I think II is being bidded. they list Westgate a lot. Yes - Westgate has nice places - but they will pester you to death to go to one of their sales pitch (also called maintence meeting). So will some others that II has listed. II know this!!!!

Dean had at one time a list of the best II to trade too. If he still has it I really wish he would post it again.

now those trades are worth a DVC resort - some are even better. but on the whole you need to be carefully trading your DVC because most of II can't compare with it.

most of the Marriott are okay - Hyatt are fine.

I had just listed off the cuff the general resorts, areas and times of the year that I personally felt were a good deal for the US, Canada, MX and the Caribbean. I'll remind everyone that this is a personal decision and depends on what's important to the DVC member. In general it was the top resorts during peak times. I'll agree that under the current system 1 BR exchanges tend to be the best deal and studios the worst, contrary to the previous system. My goal is education with all of these issues. If one thinks about what they're doing, thoroughly research it, and make an informed decision I feel I've contributed. When I posted the list, actually I've done it two or 3 times, it was not to say thumbs up or down to a specific resort but more to give a framework for how to look at certain exchanges to see if they were a good value or not.

 

[CPTJAK]

I used my points for the Disney collection. Well I am using them for the Disney collection this upcoming trip.

Is it the best way to trade out? Not really but I do want to try the other 4 non-DVC deluxe resorts and that is one thing that appealed to me about DVC points is that I can use them there.

I am going during value season for 5 nights Sunday - Friday and it is costing me 200 points to stay in the Tower at CR. My points cost me 5.68 per point this year so that means I paid $1136 for my CR tower room (5.68 x 200).




At current cost of $90 for 200 points the actual cost would be:

90x200= $18000 / 48 years = $375 per year
MF= $4 x 200= $800 per year (1st year anyway)
Lost interest on $18000 @5% = $900 per year

Cost for 200 point trip would be $2075 ($10.38 per point) for someone that just bought SSR. The cost would be more for the BCV obvivous with less years and higher MFs, but same per point initial cost ......

 

[shantay1008]

At current cost of $90 for 200 points the actual cost would be:

90x200= $18000 / 48 years = $375 per year
MF= $4 x 200= $800 per year (1st year anyway)
Lost interest on $18000 @5% = $900 per year

Cost for 200 point trip would be $2075 ($10.38 per point) for someone that just bought SSR. The cost would be more for the BCV obvivous with less years and higher MFs, but same per point initial cost ......

Sorry, I had to go host bunko...but now you've lost me here. I don't think I would use the same formula as you because I didn't pay $90 for my points (quite a bit less, actually), nor would I consider "interest lost" as part of the equation. DVC isn't investment money, it's vacation money.

People can make good arguments for and against using DVC points for exchanges, and, as has been mentioned, it's all up to the individual to decide what is best for him or her. I think it's quite disappointing to find out that exchanging can be difficult and/or very expensive, but I guess no one really minds that much or DVC would change the policies, wouldn't they?

 

[spiceycat]

Disney wants you to use your points at DVC. that is what it says to me....

I can stay at a studio for 5 nights for 40 points - that beats 106 for a studio that II requires.

I can stay at HH for 5 nights for 30 points in a studio.

I definitely love to travel in offseason.....

 

[cobbler]

CPTJAK -
How I came up with my cost per point. And this is just purely basic, no lost interest or blah blah blah because that in itself is a whole other argument.

Ok I bought 220 points at 83.30 a point. I bought last year so 49 years. 83.30 / 49 years = 1.70 per point. Dues this year are 3.98 per point. So 3.98 + 1.70 = $5.68 per point x 200 points = 1136.

Someone buying today at 90 per point would be 90 / 48 years = 1.88 per point + 3.98 in dues = 5.86 x 200 = 1172.

Again just basic math, no lost interest on this, no time value stuff. All those calculations aren't that important to me.

 

[shantay1008]

DVC would love it if more members traded out. They have been encouraging it for years and the Disers keep discouraging it.
I trust DVC and the beautiful places they have selected for us to trade out to.
The issue is, that those points go fast because so many of them are required.
We could have booked our DCL on points, but we got a much better deal paying cash and renting out our points.
They are your points and use them however you want. We will most likely use our points to trade out too.

I get the impression that they want us to trade out, too. Like having a two-page spread about Scotland in Vacation Magic. So if that's the case, why not make it either a little cheaper, points-wise, or a little easier to book stays in the various collections? Otherwise, it seems like DVC is just using a big carrot to get many of us to buy, even though they know that it's not necessarily all it's cracked up to be.

 

[DrTomorrow]

My take for what it is worth(not much apparently) is that those points are your points. Do what you want with them. [...]
DAVE

Unless, of course, you intend to rent them out at, say, $9/point....

 

[shantay1008]

Unless, of course, you intend to rent them out at, say, $9/point....

Now, who would do a thing like that?

 

[Dean]

I get the impression that they want us to trade out, too. Like having a two-page spread about Scotland in Vacation Magic. So if that's the case, why not make it either a little cheaper, points-wise, or a little easier to book stays in the various collections? Otherwise, it seems like DVC is just using a big carrot to get many of us to buy, even though they know that it's not necessarily all it's cracked up to be.

Or maybe they have an ulterior motive. I don't know any other company off hand that tout's the exchange locations unless it's an internal exchange to other resorts in the system. All the ones I know that address it of have seminars and write ups on HOW to get the best VALUE from your exchange. My guess is they have agreed to do this to get other concessions from II, not for the benefit of the members.