DIS Dads Talk DVC with the Dis Dads

[Cinderella's Fella]

I guess it is time for me to come on home too!

Playing the Lotto will help.

 

[blueferral]

We just returned from a 5 day cruise. The DVC pitch on the ship was buy 100 points get 20 free. Buy 200 points get 40 free, etc. This was only at AKL. There was another property as well but didn't pay attention to that. The going price was 130 bucks a point. This "cruise only" option is also listed on the DVC members site. (gotta love those sales people).

We did buy our first contract direct from disney. If we add on it will be aftermarket. That was we will always have some points in the bought from disney category. Never know what changes they will make in the future.

Also, when you are talking to the slaes guys make em give you HATS, PINS, all kinds of stuff. They will do it. Before we bought I made the fellow search high and low for 2 collector pins for every member of the family.

 

[AirGoofy]

I guess it is time for me to come on home too!

Playing the Lotto will help.

Before Golden Oaks, my plan was to buy enough DVC points to stay there indefinitely. Now, the lotto plan is for Golden Oaks.

We just returned from a 5 day cruise. The DVC pitch on the ship was buy 100 points get 20 free. Buy 200 points get 40 free, etc. This was only at AKL. There was another property as well but didn't pay attention to that. The going price was 130 bucks a point. This "cruise only" option is also listed on the DVC members site. (gotta love those sales people).

We did buy our first contract direct from disney. If we add on it will be aftermarket. That was we will always have some points in the bought from disney category. Never know what changes they will make in the future.

Also, when you are talking to the slaes guys make em give you HATS, PINS, all kinds of stuff. They will do it. Before we bought I made the fellow search high and low for 2 collector pins for every member of the family.

Yes, we get the stickers or pins or whatever else they have. We are doing our first Disney cruise in 2013. We bought two resale contracts and they are much cheaper.

 

[patkingpin]

Down payment is in!! 245 points at Beach Club Villas!! We are super excited right now as you might imagine. Thanks to all of your help with the questions it definitely helped a lot!

 

[Cinderella's Fella]

Down payment is in!! 245 points at Beach Club Villas!! We are super excited right now as you might imagine. Thanks to all of your help with the questions it definitely helped a lot!

 

[AirGoofy]

Down payment is in!! 245 points at Beach Club Villas!! We are super excited right now as you might imagine. Thanks to all of your help with the questions it definitely helped a lot!

Congrats officially. When you know where you like to stay, and you know you are going to be staying there once a year for the next 30 years, it only makes sense. They probably will offer some type of extension like they did at OKW & you should be eligible. That will be the another decision. As for now, plan and enjoy.

 

[papamouse1]

Late joining in on the thread but we're SSR owners, too. It took us about 6 years to finally get past the initial shock of the cost and think of the long term value and savings. On our 2007 trip, we stopped by the Frontierland kiosk and spoke with a DVC person who was a former AK Tumble Monkey (that was a hoot). It was our last day of our trip so we sat through the presentation at Exposition Hall that afternoon and then had to leave to pack for home so we didn't have time for the resort tour. We ended up buying into DVC SIGHT UNSEEN! Our first trip "home" was last summer to a two bedroom villa in the Paddock. We walked in and our jaws dropped. Watching the DVDs, viewing YouTube room tours and reading the threads gave us an idea of what we had bought into but WOW!!! We were amazed at the space and amenities and we're looking forward to our second trip "home" next December for the Christmas holidays (any hints on making sure we get a room during that season???)

Welcome aboard!

In response to your question about booking holiday season, the PP's mentioned booking your resort out at 11 month and waitlisting, and that is sound advice. If you don't manage to get booked at 11 months out, you can also try to do a split stay (if whole week not available in one place). We did this last Nov., then waitlisted both of our ressies (BWV and SSR), and we got bumped up on the list on both ressies and ended up at AKL for the whole week. No guarantees on waitlists, but worse case scenario you do a split stay this year

 

[papamouse1]

Down payment is in!! 245 points at Beach Club Villas!! We are super excited right now as you might imagine. Thanks to all of your help with the questions it definitely helped a lot!

 

[papamouse1]

.....Think of it as pre-paying 40 years of hotel stays on property at Disney resorts.

and at a much reduced rate

 

[papamouse1]

We just returned from a 5 day cruise. The DVC pitch on the ship was buy 100 points get 20 free. Buy 200 points get 40 free, etc....

Buying onboard DCL is usually the best deal you can get direct from Disney.... usually

 

[papamouse1]

I am about to pull the trigger finally!!
I spoke with a DVC rep tonight for about a half hour. He was great and answered all of my questions. Now to finalize the math and tell myself everything will be ok.
I am going to be the proud owner of 245 points at BCV!!!!

Thanks!!!
I know it makes sense for us because we stay at the BCV every trip in a one bedroom villa. Instead of paying rack rate, this makes much more sense to us. Plus, we want to go to Hawaii next year and this will get us there!!

Good Job! You are definitely playing smart here... always buy where you like most going... then fill in the other resorts at the 7-month window

When I first bought, I had no clue and was told could ONLY buy SSR. I got developer points which which was good, but now in over 5 years, we have stayed 1 night in SSR! Go figure

Wish I owned at BCV, it is definitely one of our favorites

<EDIT> Maybe we will see you in Hawaii next year.... June at Aulani?

 

[AirGoofy]

Good Job! You are definitely playing smart here... always buy where you like most going... then fill in the other resorts at the 7-month window

When I first bought, I had no clue and was told could ONLY buy SSR. I got developer points which which was good, but now in over 5 years, we have stayed 1 night in SSR! Go figure

Wish I owned at BCV, it is definitely one of our favorites

<EDIT> Maybe we will see you in Hawaii next year.... June at Aulani?

Definitely good advice. We bought SSR first and we enjoy it, but not as much as BLT. Of the deluxe resorts, I the Contemporary was my favorite. We also really liked the Boardwalk area so we bought a contract over there as well. I think resale is the way to go now as direct thru WDW is so expensive.

 

[Fob]

I'll join the party. We bought in 2010. SSR 250 points by resale.

Would love to eventually add points at BLT and BCV, but it will be a couple of years.

Have already enjoyed AKV and are staying at OKW in Sept.

 

[AirGoofy]

I'll join the party. We bought in 2010. SSR 250 points by resale.

Would love to eventually add points at BLT and BCV, but it will be a couple of years.

Have already enjoyed AKV and are staying at OKW in Sept.

Welcome. Have you stopped by the main thread yet? If not, stop by and introduce yourself there as well. We own at SSR, BLT, & BWV. No more points for th next 10 years, or that is what a said last year as well.

 

[papamouse1]

We bought in at SSR (200 pts), but we have added one resale contract for AKV (50 pts) so we can get Concierge at 11 months

Of course, now it's going to be at least 2014 before we go back to WDW, so doesn't matter much at this point. We would love to buy GCV points next for our Disneyland trips, but afraid it will be a few years before we can afford anymore

 

[AirGoofy]

We bought in at SSR (200 pts), but we have added one resale contract for AKV (50 pts) so we can get Concierge at 11 months

Of course, now it's going to be at least 2014 before we go back to WDW, so doesn't matter much at this point. We would love to buy GCV points next for our Disneyland trips, but afraid it will be a few years before we can afford anymore

Adding on is addictive. We added on at BLT & BWV for the location. Those are great spots. I like the DTD view at CP at SSR.

 

[Goofy + 3]

For those of you who have bought DVC resale, how much negotiating did you do? When I look at the ROFR thread in the DVC forum, it looks like the agreed-upon prices are quite a bit lower than the list prices. Granted, some of those get ROFR'd, and not everyone makes their transaction price known on that thread, but if I'm reading things correctly, the entry price for DVC may be lower than I feared. I had always assumed that the price listed is what I would have to pay.

For example, the resale listings for AKV average about $71 per point. But on the ROFR thread, almost all of the accepted deals listed had transaction prices at well below $71 per point.

Did you guys look at that kind of info before making an offer? I also didn't realize how frequently the sellers could be convinced to pay some of the closing or membership fees.

 

[AirGoofy]

For those of you who have bought DVC resale, how much negotiating did you do? When I look at the ROFR thread in the DVC forum, it looks like the agreed-upon prices are quite a bit lower than the list prices. Granted, some of those get ROFR'd, and not everyone makes their transaction price known on that thread, but if I'm reading things correctly, the entry price for DVC may be lower than I feared. I had always assumed that the price listed is what I would have to pay.

For example, the resale listings for AKV average about $71 per point. But on the ROFR thread, almost all of the accepted deals listed had transaction prices at well below $71 per point.

Did you guys look at that kind of info before making an offer? I also didn't realize how frequently the sellers could be convinced to pay some of the closing or membership fees.

Yes, you can negotiate who pays the closing fees. As for price haggling, you can always ask your broker to make them a lower price per point. Like anything else, if somebody is motivated to sell, then they will. Smaller contracts tend to sell faster than larger ones. People on the ROFR may be exaggerating their good fortunes. When I bought and sold thru Timeshare Store, I looked at what others were going for in that price range and set the price. The broker made a recommendation which was in line with what I wanted. It also depends on how bad you want a specific contract. Good luck.

 

[Tinkerpeas hubby]

I'm seriously considering in investing in the DVC at some point down the line, does anyone have any advice on what I should look out for?

Cheers

 

[AirGoofy]

I'm seriously considering in investing in the DVC at some point down the line, does anyone have any advice on what I should look out for?

Cheers

Welcome. If you want to chat with 700 of us more, go to our main thread and introduce yourself.

This thread and others have some good info. I know you UK folks get a great room rate already - it's the flights that get you. Also, don't consider DVC an investment. Consider it a pre-paid Disney resort hotel with annual dues. Let us know if you have any specific questions.