Information on Disney Vacation Club??

Post by **spaulo** » Jun Thu 15, 2006 6:12 pm

But for those of us uninitiated, what does that mean? How many points do you have to pay for per year? Do you save them from year to year? Does "1 night's stay" take the same number of points no matter where you are, or does it cost more points to stay at, say, Saratoga Springs vs., say, OKW?

Post by **js3901** » Jun Thu 15, 2006 7:14 pm

thanks for the info, guys. I'll take a listen to the podcast tonight. that DVC for Resale site looks like a nice place to start as far as buying is concerned. seems like a nice way to spend a few grand.

Oh, another question. How long does the "buy-in" last? I've seen posts where people say their tenure expires in 2042 or some other year in the future.

AKLRULZ · Post by **AKLRULZ** » Jun Thu 15, 2006 7:22 pm

spaulo wrote:But for those of us uninitiated, what does that mean? How many points do you have to pay for per year? Do you save them from year to year? Does "1 night's stay" take the same number of points no matter where you are, or does it cost more points to stay at, say, Saratoga Springs vs., say, OKW?

Steve you pay dues on the total number of points you have each year. You can bank and borrow points from year to year so if you have, say, 150 points you could feasibly use 450 in one year by banking the prior year, using this year and borrowing from the next. The number of points you have to use for your resort stay really varies by resort and room type (studio, one bedroom, two bedroom, or grand villa).

I'd definitely encourage you to check out the DISboard forum on DVC - it's pretty overwhelming but it is pretty educational.

Oh! BTW - just like with any real estate interest you can finance the cost of DVC if the cash outlay isn't quite in the budget. And while you'll want to double check with your own tax accountant, typically interest paid on real estate is tax deductible.

iloverags2 · Post by **iloverags2** » Jun Sat 17, 2006 9:05 am

We took the tour this past February and agree it is a great investment. That being said, my husband and I spend several weekends at Disney during the year and rarely go on weekdays (due to our proximity to Orlando), so it just didn't make sense to us since the points usage is so high on weekends.

The biggest thing for this though is paying it all upfront if you have the means. When we hemmed and hawed over it for two days, it was with the mindset we would be purchasing outright and not financing.

Post by **spaulo** » Jul Wed 05, 2006 6:10 pm

Well it appears that on their recent trip to Disneyland, my parents got informed, and got involved, with DVC. So now they own a stake in Saratoga Springs, and are considering "add-on" points or something, at a second site (either BoardWalk or Beach Club Villas)...

Sounds neat, and I've read through the book now and it does seem like a heckuva deal. My dad talks about taking "the whole family" and getting a 3-bedroom Grand Villa once every 5-10 years... good call on their part, since I'm getting married in May and my little brother (yikes!) just got engaged.

I actually think my folks are going to use some points to hook my fiancee and I up at the Grand Californian over our honeymoon.

While it's not the same as owning a piece of DVC myself, it is neat that my folks are doing this for themselves... they're still 10-15 years away from retirement, but this is something they'll be able to use for decades to come.

AKLRULZ · Post by **AKLRULZ** » Jul Wed 05, 2006 6:25 pm

That is cool Steve!! I may have to have a chat with my parents.

ericpabear · Post by **ericpabear** » Jul Fri 07, 2006 8:06 pm

The DVC pays off in the long run. If you intend to make Walt Disney World Your vaction spot for the next 50 years, buy in NOW! I couldn't get it to pay off on paper till I calculated the price increase that I have seen over the years, and what it will probably be in the future. We paid $10 thou. accouple years back. They took $2 thou off as an insentive. Our dues are $65 a month. $65X12mnths=$780
The current rate for the
Value Resorts/Regular Season/Standard View is $99 a night.
We aslo go during holidays.
Value Resorts/Holiday Season/Standard View is $125 a night
We usualy stay 7 nights minimum.
(These are the cheapest rooms.)

Now, thanks to DVC, we stay at places like Wilderness Lodge
Deluxe Resorts/Regular Season/Studio is $349 a night
Deluxe Resorts/Holiday Season/Studio is $465 a night

There are other perks,cheaper park ticket, discounts on food etc...

And if you can't make it this year, you can "save" your points for the next use year.

bribren · Post by **bribren** » Jul Sat 08, 2006 8:22 am

Mousesavers.com has a pretty extensive breakdown on the DVC. Basically, If you go to a deluxe resort,10+ days and do not get an extensive discount, you will save if you have the cash on hand to buy. However, If you get a good discount (i.e. Annual pass) or stay at moderates or stay less or travel off season, you will lose. Plus you don't (currently) get in on things like the free dining promotion. Also, annual dues increase each year.

http://www.mousesavers.com/dvc.html

There is a great spreadsheet there as well. If you use that 15K to pay debt, or invest it, you can vacation every year and have a net gane after 30 years as opposed to the huge investment of the DVC.

Great in principal, and it tugs at your Disney heartstrings, but its a huge financial consideration. For me Ill rent the points.

bribren · Post by **bribren** » Jul Sat 08, 2006 8:23 am

net gane

How did I spell that? oops...

WDW1971 · Post by **WDW1971** » Jul Thu 13, 2006 11:40 am

Looks like this post is kind of old... but I'm new and a DVC member. If you are looking a saving money and plan to visit Disney every couple of years. Then it's well worth the money. I would suggest you look into purchasing from an time share agent. Just check into them first. But, people have problems in life and have to sell their time shares all the time. Great way to save big on the 15k and get more points at a cheaper point per night hotel.

Post by **horizons1** » Jul Wed 19, 2006 10:51 am

When the program first started I believe it included park admission. They don't do that anymore, do they?

jrcohen · Post by **jrcohen** » Jul Wed 19, 2006 11:47 am

horizons1 wrote:When the program first started I believe it included park admission. They don't do that anymore, do they?

So wait, it only locks in the rates at the resorts, not the parks also? I thought it locked in the rates at the parks too. Is it really worth it without the park rates not rising?

jrcohen · Post by **jrcohen** » Aug Wed 09, 2006 9:25 am

I just got my weekly Disney Insider email and it had a click here for info about the DVC. I read a bit of the info and... Is it a Time share basically?

kapper1965 · Post by **kapper1965** » Aug Wed 09, 2006 2:08 pm

i just bought into saratoga springs and am going to be using my points for the first time this september. i am very excited about the pricing. i figured out that over the span of the 45 years (if you keep it the whole time) that a point is about $7- $8 (which includes the 16k payment, annual dues divided up over 45 years, divided by your points.... blah blah. plus as a dvc member you get great pricing for annual passes, good discounts and can get the dining plan that's not attached to tickets or length of stay! what the reservations cast member advised me was to if you wanted you can add a ficticious person to you room so you can purchase an addition meal plan, if you want to have some better meals that cost 2 meals or treat some friends to a meal.

Post by **horizons1** » Aug Thu 10, 2006 7:04 pm

kapper1965 wrote:the reservations cast member advised me was to if you wanted you can add a ficticious person to you room so you can purchase an addition meal plan, if you want to have some better meals that cost 2 meals or treat some friends to a meal.

Good sneaky tip.

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Information on Disney Vacation Club??

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