what am I missing? TIW

Also discount on adult beverages.:yay:

For us, this is one of the biggest selling points and the other biggest selling point is the flexibility: we just hate the idea of the dining plans and being tied to them. I think we're on our 5th or 6th TiW.

We are DVC/AP and try to time our AP's and TiW to get two trips (i.e. we went early November 2015 and are going late October 2016) out of the APs and TiW. This year we also went in January. We love being able to us it for everyone at the table (sometimes friends or relatives are there at the same time), we generally tip 20% without TiW (so the 18% is a non issue), and we can use it at places like the Crew Cup at YC/BC.

I imagine there will be a breaking point price wise where we don't get the TiW but we haven't hit it yet.

edited to add:
My OCD got the best of me we are on our 5th card: 2008/2009, two trips in 2010, one trip 2011, skipped 2012 due moving to Oregon, 2013/2014, and 2015/2016 (three trips). We spend 8-10 days there each trip - it might be worth it for just one trip but when we get 2 or even 3 trips out of it, the card is totally worth it for 16-20 days.
 
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Is it available to non-FL residents/non-DVC/non-AP?
Is it at a higher rate?
Sorry, no.

We were hesitant about buying it this past time for the $150 price. But with an adult son who works at WDW (full time, but hourly rate) and loves to join his parents for a nice dinner with adult beverages, we've made back the cost pretty quickly. The CM Discount isn't good on adult beverages, just food.
 
And Free Valet parking if used for Dining at a resort. $25.00 value/occurance currently
I currently have some mobility issues, so I utilized the valet parking three times in one week. That was a $75.00 savings right there. Also, every restaurant we ate at that honored the TIW allowed me to use it for the entire table, even though I was only paying for two meals. We even used it at Chef Mickey's where we had a total of 8 adults and 1 child. Everyone that was paying appreciated the 20% savings. In one week, I got my my $150 initial cost back (we're Florida resident annual pass holders, I'm pretty sure I only paid $150), and my wife and I will be using it regularly over the next year. For us its a no brainer.
 
We have a family trip coming up in sept and I've been debating doing this. By my math we need to spend $750 to break even on the $150 price. Which seems very easy to do for 3 people over 5 days since all the restaurants we have reservations for and quick serve we planned to use are all on the list. I estimate we will probably spending over $1000 and end up saving $50 after paying for it. I also make one or two trips a year for work down there so I could also use it then which benefits my employer more then me but still.
 
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We stay offsite mostly and have a large family. I actually have upgraded one pass to an AP (free parking...etc) and bought the TIW card as we do several character meals each trip. Often our character meals are $250-$300 each without TIW. $60 off each meal makes it easy to justify the $150.
 
I had done the same thing a few years ago. I bought an annual pass for the benefits it offered (and went back solo a couple times) and purchased TIW. For our trip with 4 adults, we stayed offsite (vacation home) and then did one TS meal per day and they often included alcohol, so $200 per meal was common. Since we were there for a week, this made sense for us to save money overall.
 
Like the previous poster stated,we like to try to fit in two visits to make it feel worthwhile. We visited last December and will going back next month, August. We eat in a lot of signature restaurants and will have some wine or mixed drinks. We also tip 20%, so the 18% built in tip works for us. The card lasts 13 months,not 12, which may seem like a little thing,but it does give us an extra month leeway for planning another trip into the next year. I've read on the boards where people believe they receive worse service because the tip is already built in,but that's never been our experience. In fact,it's been the opposite. Every server we've had has been wonderful. A few servers have told us that they appreciate the patrons who not only spend the extra money for the card, but do so knowing there will be a built in tip and don't mind that. So they see those people are already " on their side", and want to do what they can to thank us. We usually make that $150 back ( we're AP holders too) in one trip or come close,so there is a bigger savings in our second trip,as we see it.
 
We use ours all the time, as both DVC and AP holders. We do eat at some higher-end restaurants, though, so our savings usually pay for the card within the first few meals after buying it. I don't think we've ever gone longer than one trip's worth of meals without the discounts adding up to the cost of the card. Plus, as an adventurous drinker, the discount on adult beverages is amazing.
 
We have a family trip coming up in sept and I've been debating doing this. By my math we need to spend $750 to break even on the $150 price. Which seems very easy to do for 3 people over 5 days since all the restaurants we have reservations for and quick serve we planned to use are all on the list. I estimate we will probably spending over $1000 and end up saving $50 after paying for it. I also make one or two trips a year for work down there so I could also use it then which benefits my employer more then me but still.
I'm feeling really stupid but why is $750 the break even point and how do you calculate it?
 
I'm feeling really stupid but why is $750 the break even point and how do you calculate it?

The discount is 20%. The cost of the card is $150 (for DVC/AP). 20% of $750 is $150. So, when you spend your first $750, you've gotten $150 worth of discounts at 20%, which equals the price of the card.

I believe FL residents' price for the TiW is $175, which makes their break-even cost $875.

The easy way to calculate it is (cost of the card) / (discount %). $150 / .20 = $750.
 
The discount is 20%. The cost of the card is $150 (for DVC/AP). 20% of $750 is $150. So, when you spend your first $750, you've gotten $150 worth of discounts at 20%, which equals the price of the card.

I believe FL residents' price for the TiW is $175, which makes their break-even cost $875.

The easy way to calculate it is (cost of the card) / (discount %). $150 / .20 = $750.
Thank you for the clear explanation . Good think I decided not to become a CPA
 
So for 3 adults doing 1 sit down meal a day for 10 days and being DVC members paying $150 it sounds like we should invest in TIW.
 
I currently have some mobility issues, so I utilized the valet parking three times in one week. That was a $75.00 savings right there. Also, every restaurant we ate at that honored the TIW allowed me to use it for the entire table, even though I was only paying for two meals. We even used it at Chef Mickey's where we had a total of 8 adults and 1 child. Everyone that was paying appreciated the 20% savings. In one week, I got my my $150 initial cost back (we're Florida resident annual pass holders, I'm pretty sure I only paid $150), and my wife and I will be using it regularly over the next year. For us its a no brainer.
How can your wife use your card, she cannot. You must order a second card at an additional $50. It's not one card per family, it's one per person. .or at least that's how it use to be.

****just reread your post lol you said wife and I, sorry about that. ...
At first I thought you meant she was going to, that's what I get for reading and talking on the phone at the same time lol
 
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So for 3 adults doing 1 sit down meal a day for 10 days and being DVC members paying $150 it sounds like we should invest in TIW.

Not necessarily. You need to check and see which of your restaurant choices offer a DVC discount. The DVC discount you would receive has to factor into the equation, as well. Just for a quick example, if you chose all restaurants that offered a 10% DVC discount, then your break-even point would double to $1500, since TiW would only afford you a 10% discount over what you could get without paying for TiW.
 
Not necessarily. You need to check and see which of your restaurant choices offer a DVC discount. The DVC discount you would receive has to factor into the equation, as well. Just for a quick example, if you chose all restaurants that offered a 10% DVC discount, then your break-even point would double to $1500, since TiW would only afford you a 10% discount over what you could get without paying for TiW.
Just when Imthought it was safe to go into TIW ......LOL
 


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