VDH Opening

[gottalovepluto]

These rooms are gorgeous!!

Makes wonder what they could do with a hard goods remodel of DLH, they could really make that hotel shine…

 

[DonMacGregor]

I can't help but question the five figure comment over and over. Maybe I am going to come off as rude but plenty of people lose 30-50k every week on something ridiculous - buy a used car for 30k and tomorrow it dies. Sorry, you are out of luck. That is precisely why you buy something like this with no intention of getting money back - because it CAN happen.

I've tried to be delicate about this as well, but at some point you have to just come out and say it: "For many people, the "five figure" buy in just doesn't move the needle" (see my somewhat inartistic Elon Musk reference above)...

 

[elenex]

If you think DVC is that risky, then I don't see why you would buy in at all. Just rent points or stay cash. You don't need to pony up five figures you are willing to lose to stay at Disney.

I'm happy it's retained value and expect it will appreciate, but...

My family loves to go to Disney resorts and stay in deluxe hotels. Initially when we bought into DVC, the cost of the loan we took plus dues was still less than what we were paying before we bought in. And we planned to continue taking our vacations at least annually. This combination of factors is why we bought, not for the investment. The investment is just an added perk when compared to alternative timeshares where you are often stuck and can't give it away.

And just to your point, when we used to go to WDW for a week and a half, those were "5 figure" sunk investments too. Might as well pony up a few vacations' worth and get a promise of another 40 or so years with it.

 

[Duckbug.Ducktales]

If this is how you are doing your math, then I don't see why you would buy DVC at all. Just stay at the Four Seasons, probably cheaper, and I'm sure they have nicer TP.

The Four Seasons is indeed very nice! I stayed there once to use my Amex credit card's Fine Resorts and Collections perk. BUT, the monorail wasn't going through it. The Skyliner didn't come by it to whisk my family away. I couldn't see animals out my balcony or enjoy the Poly's Lava pool.

If we're only thinking about money, I can go to WDW and stay at a Hyatt nearby for FREE using Hyatt points earned through credit cards. But being in the bubble makes me happy, Disney resorts and theming make me happy, and life is also about being happy. The great thing is that DVC makes me happy while saving me lots of money off the cash prices at Disney resorts, while allowing me to control my own reservation.

 

[DonMacGregor]

The Four Seasons is indeed very nice! I stayed there once to use my Amex credit card's Fine Resorts and Collections perk. BUT, the monorail wasn't going through it. The Skyliner didn't come by it to whisk my family away. I couldn't see animals out my balcony or enjoy the Poly's Lava pool.

If we're only thinking about money, I can go to WDW and stay at a Hyatt nearby for FREE using Hyatt points earned through credit cards. But being in the bubble makes me happy, Disney resorts and theming make me happy, and life is also about being happy. The great thing is that DVC makes me happy while saving me lots of money off the cash prices at Disney resorts, while allowing me to control my own reservation.

But the toilet paper!

 

[BWV Dreamin]

If my DVC is worth $0 on the resale market. It has no impact on me because I still own something I can use,

So, no, it’s not bad for everyone…just those who bought expecting or wanting it to hold value.

It is just too hard to ignore past statistical data. Only during the recession of 2008-2011did DVC drop in value. That was an economical disaster in which stop gaps have now been placed for anything like that to happen again. Before and after that, DVC has appreciated better than any bank investment. Now we are still dealing with the effects of Covid. This once in our lifetime event is what is contributing to the devaluation of DVC. Once we can get past this, I see a rebound in resale prices and rental as well. That is really hard to say DVC is not a “type” of investment. I can not think of any other timeshare that has appreciated in value over time other than DVC.

The only way I see a total devaluation is for the contract life to end, or the total collapse of Disney.

 

[naman1221]

It is just too hard to ignore past statistical data. Only during the recession of 2008-2011did DVC drop in value. That was an economical disaster in which stop gaps have now been placed for anything like that to happen again. Before and after that, DVC has appreciated better than any bank investment. Now we are still dealing with the effects of Covid. This once in our lifetime event is what is contributing to the devaluation of DVC. Once we can get past this, I see a rebound in resale prices and rental as well. That is really hard to say DVC is not a “type” of investment. I can not think of any other timeshare that has appreciated in value over time other than DVC.

The only way I see a total devaluation is for the contract life to end, or the total collapse of Disney.

I don't disagree that total devaluation is very hard to believe - I think Disney has done a fantastic job of preventing that. But I bought knowing it was always a possibility. if people are buying DVC with the INTENT to appreciate, that is where the real danger starts.

 

[kilik64]

DVC aint your parents or grandparents (or yourself I guess if you are a owner from 90s or early 2000s still) any more. You'll never sell a direct contract you bought for 200+ per point at what you bought in at. Especially not with the restrictions and definitely not after 2042 hits. The days of buying in direct and making a profit years later are over, and most likely buying in and breaking even on your initial buy in even resale is most likely on the way out too. Resale might stand a chance of breaking even, but buying direct you are always going to lose money when you resell later at this point.

(yes i know time value of money...)

 

[Roughians_satchel]

I actually like all 3 movies mentioned. I'm also not opposed to touches of IP in DVC rooms. However, I don't feel these IPs belong in the Disneyland Hotel.

I think my biggest issue is fatigue of those 3 specific IPs. And i really don't like the details in the princess and the frog rooms which encompasses all 3 room categories I'd utilize. Sleeping Beauty and Fantasia were Walt babies... That's the stuff that belongs here (although I still would've preferred more of a park theme). If i know i can ensure one of those rooms, I'll probably still buy. If not, I really hope they refurb VGC asap and management does something about how dusty the place is.

Don't forget the Princess and the Frog themed rooms on the Wish too - it is total fatigue, and my family loves that movie. They should have maybe used Aladdin (Princess Jasmine) - seems like her colors/style would fit in with the overall "purple" theme??

 

[princesscinderella]

DVC aint your parents or grandparents (or yourself I guess if you are a owner from 90s or early 2000s still) any more. You'll never sell a direct contract you bought for 200+ per point at what you bought in at. Especially not with the restrictions and definitely not after 2042 hits. The days of buying in direct and making a profit years later are over, and most likely buying in and breaking even on your initial buy in even resale is most likely on the way out too. Resale might stand a chance of breaking even, but buying direct you are always going to lose money when you resell later at this point.

(yes i know time value of money...)

VDH is probably going to be the exception to this because of it being at DL. I do agree that your statement is most likely going to be true for direct purchases going forward at WDW.

 

[Sandisw]

It is just too hard to ignore past statistical data. Only during the recession of 2008-2011did DVC drop in value. That was an economical disaster in which stop gaps have now been placed for anything like that to happen again. Before and after that, DVC has appreciated better than any bank investment. Now we are still dealing with the effects of Covid. This once in our lifetime event is what is contributing to the devaluation of DVC. Once we can get past this, I see a rebound in resale prices and rental as well. That is really hard to say DVC is not a “type” of investment. I can not think of any other timeshare that has appreciated in value over time other than DVC.

The only way I see a total devaluation is for the contract life to end, or the total collapse of Disney.

I don’t disagree…I don’t ever see the value being $0. But, the point was that it does not matter to me so what happens is irrelevant.

The point being made is that anyone who buys DVC but is okay to ignore resale value should not buy the product.

I just think it’s risky to need resale value to be there, Of course, history has been good to owners, but I always plan for worst and hope for the best…and didnt going in needing my money…or any of it back….

 

[BWV Dreamin]

DVC aint your parents or grandparents (or yourself I guess if you are a owner from 90s or early 2000s still) any more. You'll never sell a direct contract you bought for 200+ per point at what you bought in at. Especially not with the restrictions and definitely not after 2042 hits. The days of buying in direct and making a profit years later are over, and most likely buying in and breaking even on your initial buy in even resale is most likely on the way out too. Resale might stand a chance of breaking even, but buying direct you are always going to lose money when you resell later at this point.

(yes i know time value of money...)

Yes have heard that said before, yet here we are……

 

[elenex]

Let's simplify this...

It's risky to purchase DVC as a monetary investment. It's not risky if you treat it as an investment in vacationing and family memories, and as an added perk, you'll likely be able to get some, all of, or even profit on your investment if you ever need to or want to sell it.

 

[BWV Dreamin]

I don’t disagree…I don’t ever see the value being $0. But, the point was that it does not matter to me so what happens is irrelevant.

The point being made is that anyone who buys DVC but is okay to ignore resale value should not buy the product.

I just think it’s risky to need resale value to be there, Of course, history has been good to owners, but I always plan for worst and hope for the best…and didnt going in needing my money…or any of it back….

There are many ways to make “ money” or increase your value other than appreciation. Time of use. Rentals. Break even point, resale purchase vs direct. These are all other factors that contribute to increased value from purchase.Seems we need to review DVC Econ 101…..LOL

 

[DonMacGregor]

There are many ways to make “ money” or increase your value other than appreciation. Time of use. Rentals. Break even point, resale purchase vs direct. These are all other factors that contribute to increased value from purchase.Seems we need to review DVC Econ 101…..LOL

You people keep ignoring the TOILET PAPER!.

 

[HIRyeDVC]

Let's simplify this...

It's risky to purchase DVC as a monetary investment. It's not risky if you treat it as an investment in vacationing and family memories, and as an added perk, you'll likely be able to get some, all of, or even profit on your investment if you ever need to or want to sell it.

I’ll make it even simpler. DVC is NOT a financial investment. It’s an emotional investment for your family to enjoy Disney vacations year after year.

 

[HIRyeDVC]

You people keep ignoring the TOILET PAPER!.

 

[AstroBlasters]

I like investments that pay dividends.

Are you saying I can’t count the money I’m going to save on future travel as a “dividend”?

Does not having to battle with family members about how Dad is too cheap to stay on property every year count as a “reduced stress dividend”

If my wife is happier on vacations, could that be considered a “marriage dividend”?

 

[Sandisw]

Well, since nothing from DVD today about sales, looks like we wait a bit longer for what they are thinking!

 

[AstroBlasters]

Well, since nothing from DVD today about sales, looks like we wait a bit longer for what they are thinking!

I’m at the airport and headed down to DLand today. I’m going to stop by the VGC office to see if they have the magic band sliders and will see if I can get some info.