Why have you NOT bought DVC?

[Amy&Dan]

We leave for WDW Sat May 3rd....that would be Tomorrow.

BWI -> GF -> Dis Cruise. Two weeks in total.

I am anticipating being approached by a Timeshare....oooops....dang, I keep making that mistake.....I mean D...V...C....rep. I will make a full report on return.

Oh BTW....these boards have really helped me prepare for the trip...u guys and gals are great.

I don't think you'll be approached. They will be all over the place if you want to talk to them. But to my knowledge they will never come up to you and try to sell you something. They don't have to. If you want to take a tour or talk, you can stop at any kiosk at the parks, ship, or resorts. But other than a friendly smile (as in that Ultra Brite, only a salesman could smile that wide smile) they won't try to make contact with you.

 

[Cool-Beans]

So with that line of thinking, I'm guessing you aren't investing any money either?

Money would be an asset I could leave. Time-share membership nobody in the family wants wouldn't be. We do invest money, but we don't invest it in time-shares.

I respect the decision of people who choose to buy into time-shares. It just isn't for me.

 

[tidefan]

We leave for WDW Sat May 3rd....that would be Tomorrow.

BWI -> GF -> Dis Cruise. Two weeks in total.

I am anticipating being approached by a Timeshare....oooops....dang, I keep making that mistake.....I mean D...V...C....rep. I will make a full report on return.

Oh BTW....these boards have really helped me prepare for the trip...u guys and gals are great.

Have a great time. The cruises are great!

 

[jodeeluvsdisney]

We simply do not have enough vacation time to make it worth the while. One week (and I've been with my agency 10 years!!! ) just doesn't add up.

Maybe someday when we find jobs with more generous time off we'll go for it!!

 

[tidefan]

Tidefan - thanks for the info. The information we had to work with came from an extended conversation we had with a DVC rep at one of the desks/stations in the Magic Kingdom. I think that she was talking about Saratoga Springs...but that might not have been the case. We spent quite a bit of time talking with her about the DVC and those were the prices that we were given. I was unaware that there were options such as studios that would be cheaper or that different resorts might be less. That didn't come out in our conversation. Nor did the option of buying privately.

You are welcome. Yeah, Disney probably isn't too inclined to mention the resale market, but it is easy enough to do. Go on the DVC Operations boards and you can get a plethora ("Jefe, do you know what a plethora is?") of information and there are links to reseller information.

What is good about DVC resales is that you can get contracts for less than the 160 pt minimum (most of these are add-on contracts being spun off by members) and give you the same membership benefits as buying direct. You do need to understand Disney's Right of First Refusal (ROFR) however. You and the seller will agree on the contract, but Disney has the Right of First Refusal on that contract, in other words, they look at the price and can buy that contract instead of you at that price. This way, they keep the prices up. The upshoot of all of this is that you won't get a huge discount purchasing resale, but again, you can buy the smaller contracts.

ROFR is actually a good thing since it keeps up the worth of your points, but it can make the resale process a bit nerveracking, especially if they swoop in and buy out your contract. But at least it keeps the value of your points from dropping 60% overnight like they do on most other timeshares...

 

[joestein]

im just asking, is that one of those time shares were they charge you to make a reserv. charge you to exchange your "week", and whats a 99 dvc fee?
i good buddy of mine has one ,and stayed off property at the sher. vistata?
im not to fami. with a reg time share just that you buy a week and good luck on the "list". but wow, sound like you got a good deal!

Wyndham doesn't charge you to make a reservation at any of their resorts, but if you exchange your points through II then you pay an exchange fee. in addition, DVC, unlike any other TS, charges exchangers a $99 service fee.

Do DVC members not pay an exchange fee when using II?

Joe

 

[Booknut]

We simply do not have enough vacation time to make it worth the while. One week (and I've been with my agency 10 years!!! ) just doesn't add up.

that's all you get all year? Your employers are mean!!! There should be a law against that, we get 4 weeks minimum in Europe by law. How can they expect you to get some real rest and relax on 1 week a year??!!!

can anyone tell me how much a std. room at car. beach is going to be in 2019,2029,2049, i know what my 2 bedroom is going to cost in 2049.

So does this mean that a 2 bed that is 250 points a week today will always be 250 points a week or will you need more points in say 10 or 20 years to stay the same amount of time? If the points stay the same then I think DVC is a great deal

If the amount of points you need increases as well over time along with the increase in maintenance fees then I can't see it as a good deal for our family as we'd probably only go every 2 years and we'd have to stay 2 weeks which would require a lot of points.

For our family its easier to just rent points if we want to stay Deluxe. But we love the moderates too and when our baby girl is older she'll probably go through a phase of loving the values and wanting to stay there so for us there's a lot more flexibility in not owning.

If we lived on the same continent though i'd probably buy it in a hearbeat though regardless of whether i'd come out ahead

 

[OlderMan]

Polints at all DVC resorts are fixed.

Seasons may change, but the total points required for reservatioins at a given resort can not change,

For example, if a peak season two bedroom villa at XYZ resort is 300 points per week, it will be 300 opints per week FOREVER. IF DVC SHOULD increase point requirements for a particular day/week at some resort, it MUST be accomodated by a corresponding DECREASE in another day/week at the same resort.

Only once in DCV's history have they done this. It was at OKW about 12-13 years ago. So, if a 2 BR villa was 200 points per week (in a given season) and it is now 275 points per week, there MUST be a corresponding decrease in points required for the same season in other villas in the same resort.

Total points per resort are fixed and additional points can't be "created" after the resort is sold out.

We bought OKW 11 years ago, and even though we now live in Florida--about an hour away--we visit 2 or 3 times per year.

 

[ClareH37]

I'll give you my 'story' lol.

I'm a deluxe girl through and through (I admit I am a resort snob but I'm not a snob otherwise if you know what I mean ), I like to stay in the Epcot resort area club level if possible.

I think DVC is a great thing for a lot of people but for me there's something about staying somewhere with a kitchen that reminds me of home and when I vacation I want to get as far away as home as possible

I did consider DVC but I didn't want to be tied into anything permanently with Disney (i.e. timeshare) and also the kitchen thing was a no-no for me, although the DVC resorts are lovely resorts I prefer the deluxe resorts.

Anyway, my parents brought me some DVC points at the BWV for Christmas last year (it was a surprise), they thought it made financial sense.

I have the choice of going once a year and using my points to stay at a DVC resort or going once every two years and using my points to stay at a deluxe resort (club level). Call me mad but for me, I'm going to use my points to stay deluxe.

 

[Booknut]

Polints at all DVC resorts are fixed.

Seasons may change, but the total points required for reservatioins at a given resort can not change,

Total points per resort are fixed and additional points can't be "created" after the resort is sold out.

Thanks for clearing that up, that's great to know and definitely makes DVC a good deal

 

[pixie08]

If you stay in a studio it is basically like a reg room at a deluxe resort- no kitchen. Just a bar area with microwave, sink and fridge also now with conceirge level DVC available at AKL it is the best of all worlds.

We just bought DVC last year. We couldn't find a reason not to. We did all the pros and cons and crunched numbers every which way. Even with staying at Value resorts, DVC worked out much better and we get to stay deluxe. With discounts, etc. it's well worth it. We did finance, but we're paying it off quicker so it'll be in half the time. I do believe current DVC members get first priority when new resorts open, so Kingdom Tower here we come! Who knows, it may sell out to currently DVC members first, like Grand Californian is rumored to.

ditto!

Plus you do not have to use it only for Disney trips. others have traded out before (with a $95 Fee). We like to go to disney at least 2 times a year. We can stay in a deluxe when normally we would stay in a mod.

 

[wmdaddy]

Someone posted how DVC works better than staying in Values. Not to be argumentative, but I think that could be very misleading. A friend of mine, who is a financial advisor, did the numbers himself for me, and he said infatically, no way. Maybe, if we paid the cost up front, it could break even. But there were many variables that would still have to go against historical numbers.

Obviously, no one can fortell the future, but using historical numbers, financing DVC will not be less expensive than a Value Resort in the long run.

 

[tiger4me2]

I am building my house on ST Thomas in the USVI Now this is heaven on earth

 

[pixie08]

Someone posted how DVC works better than staying in Values. Not to be argumentative, but I think that could be very misleading. A friend of mine, who is a financial advisor, did the numbers himself for me, and he said infatically, no way. Maybe, if we paid the cost up front, it could break even. But there were many variables that would still have to go against historical numbers.

Obviously, no one can fortell the future, but using historical numbers, financing DVC will not be less expensive than a Value Resort in the long run.

yeah I am a DVC owner and I couldn't say you would save money over staying in a value so I would have to agree but the hotel quality is a waaaay different level. I think over the years you own you would def save over a mod though with increasing hotel costs etc.

 

[tidefan]

yeah I am a DVC owner and I couldn't say you would save money over staying in a value so I would have to agree but the hotel quality is a waaaay different level. I think over the years you own you would def save over a mod though with increasing hotel costs etc.

I think that the better way of looking at DVC is not in terms of which accommodation is necessarily cheaper, but what you get for the money. I look at it as paying for value/mod(w/discount) prices, but getting to stay at a deluxe.

Also, again, agree that it makes much more sense if you can pay up front and not finance...

 

[chalee94]

Someone posted how DVC works better than staying in Values. Not to be argumentative, but I think that could be very misleading. A friend of mine, who is a financial advisor, did the numbers himself for me, and he said infatically, no way. Maybe, if we paid the cost up front, it could break even. But there were many variables that would still have to go against historical numbers.

Obviously, no one can fortell the future, but using historical numbers, financing DVC will not be less expensive than a Value Resort in the long run.

well (assuming you are referring to me), i tried to be clear that doing so is extremely restrictive (only OKW resale, only weeknights, only studios) - as long as i am ok with those restrictions, then DVC is among the least expensive options onsite (and the larger rooms, larger beds and kitchenette are just a bonus.)

in general, i would agree that if you're happy at the value resorts, DVC is most likely not for you. the rates at moderate/deluxe resorts are generally a much more appropriate comparison. it is unrealistic for most people to plan to use DVC the way i do. (and DVCers who prefer DVC to values for nonfinancial reasons, should be clear that the upgrades are worth it for them, rather than leave the impression that it's generally comparable in pure dollar terms)

i don't think its unfair at all for you to point that out.

BTW, i'd love to see the numbers you got, here or by pm.

 

[jodifla]

Someone posted how DVC works better than staying in Values. Not to be argumentative, but I think that could be very misleading. A friend of mine, who is a financial advisor, did the numbers himself for me, and he said infatically, no way. Maybe, if we paid the cost up front, it could break even. But there were many variables that would still have to go against historical numbers.

Obviously, no one can fortell the future, but using historical numbers, financing DVC will not be less expensive than a Value Resort in the long run.

Well, with the way the values are increasing in price, it won't be too long before the "values" are pushing $200 a night once you add in the tax.

But NO ONE ever said that value lovers would be the best DVC candidates. If you can vacation in a Motel 6-style room for the next 50 years, then the values are your best bet.

But for me, what's great about DVC is the ability to sleep in the mornings in my KING SIZE bed, after a nice long soak in my HOT TUB, followed by COFFEE ON MY BALCONY. OH, and the child in his OWN ROOM, not mine.

And if you want THAT KIND OF VACATION, then DVC ROCKS!!!!

 

[dvczerfs]

Well, with the way the values are increasing in price, it won't be too long before the "values" are pushing $200 a night once you add in the tax.

But NO ONE ever said that value lovers would be the best DVC candidates. If you can vacation in a Motel 6-style room for the next 50 years, then the values are your best bet.

But for me, what's great about DVC is the ability to sleep in the mornings in my KING SIZE bed, after a nice long soak in my HOT TUB, followed by COFFEE ON MY BALCONY. OH, and the child in his OWN ROOM, not mine.

And if you want THAT KIND OF VACATION, then DVC ROCKS!!!!

dont forget if you want a snack, you can go to your frig. not have to fight the 400 piece marching band at the food court for something to eat.

 

[jodifla]

dont forget if you want a snack, you can go to your frig. not have to fight the 400 piece marching band at the food court for something to eat.

Yes!!!

 

[dvczerfs]

Yes!!!

im sorry,i didnt mean to be nasty but we stayed at the all star in 99. paid $110.00 per night. one morning at 3am, 4 bus's carring a band from mass pull up out front of our room. like everyone including me, when you get there,they were ready to go. next day i took the dvc tour. i also find myself napping on the balcony also.