Highly considering purchasing resale and looking for some input from others
Our history. We have been vacationing at Disneyland 3-6 days every two years on average for the past 20 years. We live in California. We have been to DisneyWorld twice and Aulani once over the past 6 years. We are planning another DisneyWorld trip in 2019. I’ve been researching DVC for the past 3 years since our Aulani visit. Our last trip to DisneyWorld we rented points from David’s DVC for 6 nights at GFV in a 2 bedroom that we split with another family. Everything was amazing and we were shocked at the low cost for what we got. While we certainly love Disneyland, our DisneyWorld trips are just something extra special. We can also afford to hit up Disneyland on our non DisneyWorld years for a few days if we want to. Disneyland for us is a 1-3 day weekend getaway, where DisneyWorld feels like a more extravagant “big” Holliday that we very much enjoy. We have 3 daughters, 3, 7 and 25. The 25 year old has her girlfriend and they usually try and come with us when we go. We certainly plan on going to DisneyWorld every other year over the next 10 and likely 20+ years. We will likely always want a 2 bedroom as it gives our immediate 6 person crew room to spread and/or if we bring another family with us we can cram in, at least until the 3 and 7 year old outgrow smaller beds.
We have stayed at the GFV and at the Boardwalk. We liked the ability to walk to Epcot, but the elegance of the Grand is 2nd to none. We also ate at Victoria and Alberts and would certainly plan to do so again on each future visit. While we don’t need to be staying at the Grand to do so, it’s certainly convenient.
We can easily afford to rent points every other year, however, doing this we likely wouldn’t necessarily pay for the full cost of a 2 bedroom ourselves. We would split it with another family or make the 25 year old help cover some of the costs. If though, we purchased DVC to cover the points for a 2 bedroom, we would be happy to invite the 25 year old to come for free and either invite another family (friends or siblings) for free or extremely low rate, perhaps simply the years maintenance fee. Being able to do this, would feel great, especially as family vacations are very important to us. Since I work in education we can only really vacation during Thanksgiving week or Christmas break. From what I can gather, we would need 220 points a year to be able to have the 433 points for a 2 bedroom during the times we would need.
Doing a simple calculation, saying that inflation for both the cost to rental points and the cost of maintenance fees going up would be about the same: If we were to purchase 220 GFV points at $145/point (which is the average that the April ROFR thread listed) it would cost us $31,900. Even if we financed some of it for a short term our total could be around $34,068. Whit this in mind, I estimated out that for the full 46 years of the contract it would cost us $96,100 (not including rise in MF). If we simply rented the same points it would cost us $318,688 (not including rise in rental cost). That is a savings of $222,584 over the life of the contract. Since we are very likely planning to vacation every other year at DisneyWorld over the next 20 years at least the math seems to be a no brainer to me.
While I had looked at some of the other DVC resorts that would be less expensive upfront, when looking at the length of the contract compared to say BRV, BWV or BCV it’s difficult to dismiss the value over time that GFV has. The only thing that might change our thoughts of GFV would be if we wanted to get a Grand Villa at say Animal Kingdom. But I don’t see that as something we would need for maybe 20-30 years, when the 3 and 7 year old start families of their own. At which point, we could likely afford to add to our GFV points, or sell and then buy at AKV or who knows. As we would only possibly be looking into a Grand Villa in 20+ years, I can’t see getting into one of the DVC that only has 25 years on the contract.
Any thoughts would be greatly appreciated.
Our history. We have been vacationing at Disneyland 3-6 days every two years on average for the past 20 years. We live in California. We have been to DisneyWorld twice and Aulani once over the past 6 years. We are planning another DisneyWorld trip in 2019. I’ve been researching DVC for the past 3 years since our Aulani visit. Our last trip to DisneyWorld we rented points from David’s DVC for 6 nights at GFV in a 2 bedroom that we split with another family. Everything was amazing and we were shocked at the low cost for what we got. While we certainly love Disneyland, our DisneyWorld trips are just something extra special. We can also afford to hit up Disneyland on our non DisneyWorld years for a few days if we want to. Disneyland for us is a 1-3 day weekend getaway, where DisneyWorld feels like a more extravagant “big” Holliday that we very much enjoy. We have 3 daughters, 3, 7 and 25. The 25 year old has her girlfriend and they usually try and come with us when we go. We certainly plan on going to DisneyWorld every other year over the next 10 and likely 20+ years. We will likely always want a 2 bedroom as it gives our immediate 6 person crew room to spread and/or if we bring another family with us we can cram in, at least until the 3 and 7 year old outgrow smaller beds.
We have stayed at the GFV and at the Boardwalk. We liked the ability to walk to Epcot, but the elegance of the Grand is 2nd to none. We also ate at Victoria and Alberts and would certainly plan to do so again on each future visit. While we don’t need to be staying at the Grand to do so, it’s certainly convenient.
We can easily afford to rent points every other year, however, doing this we likely wouldn’t necessarily pay for the full cost of a 2 bedroom ourselves. We would split it with another family or make the 25 year old help cover some of the costs. If though, we purchased DVC to cover the points for a 2 bedroom, we would be happy to invite the 25 year old to come for free and either invite another family (friends or siblings) for free or extremely low rate, perhaps simply the years maintenance fee. Being able to do this, would feel great, especially as family vacations are very important to us. Since I work in education we can only really vacation during Thanksgiving week or Christmas break. From what I can gather, we would need 220 points a year to be able to have the 433 points for a 2 bedroom during the times we would need.
Doing a simple calculation, saying that inflation for both the cost to rental points and the cost of maintenance fees going up would be about the same: If we were to purchase 220 GFV points at $145/point (which is the average that the April ROFR thread listed) it would cost us $31,900. Even if we financed some of it for a short term our total could be around $34,068. Whit this in mind, I estimated out that for the full 46 years of the contract it would cost us $96,100 (not including rise in MF). If we simply rented the same points it would cost us $318,688 (not including rise in rental cost). That is a savings of $222,584 over the life of the contract. Since we are very likely planning to vacation every other year at DisneyWorld over the next 20 years at least the math seems to be a no brainer to me.
While I had looked at some of the other DVC resorts that would be less expensive upfront, when looking at the length of the contract compared to say BRV, BWV or BCV it’s difficult to dismiss the value over time that GFV has. The only thing that might change our thoughts of GFV would be if we wanted to get a Grand Villa at say Animal Kingdom. But I don’t see that as something we would need for maybe 20-30 years, when the 3 and 7 year old start families of their own. At which point, we could likely afford to add to our GFV points, or sell and then buy at AKV or who knows. As we would only possibly be looking into a Grand Villa in 20+ years, I can’t see getting into one of the DVC that only has 25 years on the contract.
Any thoughts would be greatly appreciated.
Bill
