Tips for talking to hubby?? UPDATED!!

[kaf7878]

Okay, I've gathered a lot of information the past couple days and I think I'm ready to talk to my hubby tonight. I know his first reaction will be "no" but I do have things to back me up. I'm sure I'm not the only one who's been here...any tips??

 

[Geoff_M]

Being a former reluctant "hubby" I like to point to the thread were I hashed things out: http://disboards.com/showthread.php?s=&threadid=360927

It would also help is you could give us some details to work on. What's the size of your family? How often to you typically visit WDW? How much have you usually spent on hotels/resort in the past?, What the source of the anticipated resistance (cost, doesn't care that much for Disney, likes some place off-site better)? etc. etc.

 

[lenshanem]

Been there recently.
My husband enjoys Disney, but never showed much interest in DVC.
So I got addicted to these boards...
Mentioned a few things to hubby very casually, I said what would it hurt to call and get them to send us some info???
After looking at the video, glossy pretty pictures in the mailing, etc...
I asked what would it hurt to call and get some figures?
From that point it was number crunching on my part. Trying to justify buying DVC to him. Here's a thread on my findings...
http://www.disboards.com/showthread.php?s=&threadid=356087

There was also another thread recently along the same lines. It seems everyone works this out differently.

Once he seemed interested I didn't waste any time and called with the deposit!

Now we have our first DVC member trip planned in December. Holiday rack rates for 2 nights at VWL with tax is $967.82 . I'm now keeping a running spreadsheet to show hubby for the future. I want to add on you see....

Another idea is to rent points from the rent/trade board and actually stay in a DVC resort with your spouse to get the feel of it. I think this helped a little, too. We had stayed at BCV on rented points once before.

Good luck!

 

[kaf7878]

To respond abt what our situation is...we are a family of four (3 yr old and 1 yr old). We're in our late twenties. I guess our deal is different b/c we used to own DVC BWV. Two yrs ago we made the switch to a one income family so I could stay home with the kids. It was a major cut as I was making abt 60% of our income. So we decided to give up the $200/mo payment to Disney. Sold and didn't lose any money on the deal which was great. Now we are in a better situation and have adjusted to our one income lifestyle. I'm just looking at a 150 pt purchase...selling pt to be VB and do MB plus get to keep pts. We are in Tampa so we can go to any properties w/o airfare. We are also abt finished paying on our car loan which will free up $350/mo. We were going to go on a cruise over Spring Break 04 costing abt $2K...I am proposing to use that $$ towards Disney which will pay 1/5 of the purchase and we'll get to use it for more than just a week. Plus use tax return $$ each year to pay the rest (normally abt $2K). I do the finances so I know financially it will be fine for us but I feel like he might not want to incur a long term expense.

 

[TNMomof3]

Not to get too personal, but...have you guys refinanced your home lately, or thought about it?

We just got back from a May trip where we rented points at BCV. My DH loved it so much he suggested we take the tour while we were there. We were hooked, but had to decide if it was financially possible for us. We looked into refinancing our house, and borrowing just enough more to be able to buy 230 pts. It turns out that we'll be able to keep the same amount of years that we have on our mortgage, borrow the extra money, and lower our monthly payment!

It may not work for everybody, but it's what we've decided to do. Now to just decide between BCV and BWV.

 

[kaf7878]

Yes, we did already refinance which is one reason why we have xtra money in the budget. I'm starting to feel good abt this. I have a huge list of reasons along with all the xtra $$ we will receive throughout the year to pay for it if he didn't want to look at it as a line item in the budget. Cross your fingers!

 

[Loubon]

There's always divorce.....

 

[ncligs]

Originally posted by kaf7878
Okay, I've gathered a lot of information the past couple days and I think I'm ready to talk to my hubby tonight. I know his first reaction will be "no" but I do have things to back me up. I'm sure I'm not the only one who's been here...any tips??

If all else fails.................

 

[ArnyVee]

I just recently went through having to 'sell' DVC to my wife.

I really got myself more worked up than what I needed to be. She was actually open minded when she saw that it made financial sense to do it.

It took a little more 'selling' on my part, but we finally made an offer on a contract that was perfect for us. We are currently in the ROFR piece of the process and we're waiting to see what happens.

Good luck to you and I hope everything comes out as good as it did for us!

 

[kaf7878]

Thank everyone for your tips! I talked to hubby tonight and it was really easy. I didn't even have to pull out my list of reasons. He knows I do the finances and said I would know whether we could afford it or not and he would be excited to have it again! So we are already booked at the Hyatt over July 4th so will hopefully sign on then. A question though...when we bought before we were both working and making decent combined income. Now that only my hubby works I'm wondering how the approval process goes. I can't remember from the first time. We have perfect credit but I didn't know if Disney had specific qualifications or debt to income ratios??? Anyone??

 

[floridafam]

Just going to offer some opinions:

I would be less likely to own DVC if we lived in Florida just due to the discounts that are offered to FL residents and have been for years.

I wouldn't buy at VB unless that is where you want to stay the majority of the time. It sounds like you want to use your points at WDW. If you do buy in, why not try BCV or BWV-I read that you don't have to be a current member to get Boardwalk points again.

The dues are higher at VB so it basically evens out with whatever "specials" they are offering. I know they are doing the $74 keep your pts special but I still would buy at WDW if a majority of my vacations were going to be at WDW.

I don't think DVC cares about debt to income ratio, etc. If it is high you may get asked to put a higher percentage down. As long as you don't have any judgements against you or a bankruptcy(sp?) you're generally okay. When we were in the early stages of buying in I also asked about debt to income ratio and a poster said "If you think you're debt to income ratio is too high, then your money should probably be going elsewhere".

I appreciated getting opinions from both sides and feel that it helped us make more of an informed decision.

Also, DVC doesn't go on your credit report unless you default so it won't get in the way of a refinance or future car loan, etc.

I'm sure you already are pretty informed since you owned before.

Good luck with your decision.

 

[lenshanem]

I thought about adding on to VB with their currect offer, but after sitting down with a caculator figured in the long haul with VB's higher dues it wasn't that much of a deal. A matter of fact you end up owing a littel more at VB.
I woudl go with a WDw DVc resort, too if that si where you plan on staying most.
FYI - I also stay at home and everything went through fine with our loan.

Good luck and congrats on talking him into it.

 

[ryley44]

it was the opposite for me it was my dw. see was not convinced it was a good deal. we went down stayed at a downtown disney hotel. we used their transportation it was marginal at best. we had always stayed at a disney propertyin the past. after three days of this we called dvc took the tour and bought the next day.my dw figured we would stay at a disney hotel from now on and we would go at least every two years so she saw the light good luck take a tour if your down their it helps to she the local and if he a sports fan tell him espn club is near bwv and bvc. big screens wings beer and visiting sports stars lol