DebbieB
DIS Legend
- Joined
- Aug 24, 1999
- Messages
- 55,256
Debbie....You are agreeing that it is a great deal while jco_direwolf is saying that it isn't. I am trying to understand his numbers, but it isn't working for me. I think my main hangup is that jco_direwolf's numbers assume (at least I think they do) that you are going every year for the length of your contract, thus validating spreading the cost over that time. But if you are coming from my standpoints - which is that most DVC people wouldn't go as often if they didn't own DVC - then the numbers don't work out that way. Right? Also, if that lump sum you paid up front was invested and not handed over to Disney, you'd be making money off of that sum each year. In your bank account it works for you, in Disney's it works for them.
This probably has the makings of the "Which is better, TIW or DDP?" debates that rage on here every so often. With that one, it is very very clear that the savings depend on the spending/eating habits of the individual person or family. In other words, there is no "right" answer. With the debate we are having here, there is no "right" answer, either. If someone believes that they are saving a boat load of money by buying into DVC, then I can see why they wouldn't expect additional perks. If someone - like me - believes that Disney is getting WAY more money from them due to their DVC purchase, I can see why they'd expect more perks. Considering I am going two times this upcoming year (spending 21 days total) and I would have spent at MOST 7 days if I didn't own DVC, then it is pretty clear to me that Disney is making out pretty well.
I agree there's no "right answer". The free dining can be a good deal if you want to go that way, staying in a regular room. But just because it's a good deal doesn't mean members should be "entitled" to free or reduced dining. You bought a long term contract for lodging when you bought DVC. I bought it because I wanted to stay in a 1 bedroom twice a year (11 nights total) and didn't want to fork out $400+ a night. I paid $14,750 for 250 points in 1999, I figured I got that back in 3 or 4 years not counting dues. So right now I can get 11 nights in a 1 bedroom or 20 nights in a studio for my annual dues of about $1,300. I think I am saving a "boatload of money". Sure DVC costs more now but my contract is only until 2042. I would love to get free or reduced dining. But I don't think I am "entitled" to anything beyond what I agreed to in the contract. I don't expect anything more. I don't think DVC/Disney is obligated to give me anything more. If anyone bought into DVC thinking they could get the best of both worlds (highly discounted lodging in the long term through DVC vs special offers by CRO), they made a mistake.