And we spend a lot of time at the resorts. We go when we want, at different times of the year. We also stay at a different resort every time we go. When we went in December, we tried a value resort along with a preferred studio at Saratoga Springs. There are quite a few, actually. And you will pay out of pocket if you want to try out a moderate resort.
You have a nice additional walk to get to Bay Lake Towers from the Contemporary. The premium resorts go quickly, especially if you want a studio. Well, the original plan was to lay out all the pros and cons, but I ended up just writing why it was worth it for families who go to Disney again and again. It sounds like you get to go quite often, and stay at different resorts. By going for a week, they save money on tickets, transportation, and get to spend a day or more at each park.
I credit our buying DVC with breaking our string of commando trips. I love that we have that flexibility, unlike the old timeshare model that forced owners to spend a whole week, and even gave them a specific week each year. As to the negatives you mentioned. Maintenance fees are part of the cost. You pay those no matter what. Just like the purchase cost. Perhaps we have not been DVC members long enough to feel limited or unhappy with our resort choices.
I will agree that the DVC rooms at the deluxe resorts can feel remote. Other times, it was a bit much. I could see how that could be an issue for people with mobility issues. What happens to the 30K you originally paid? One last note on this topic: the scenarios above do not take into account a major benefit to investing the money instead of spending it on a DVC membership: your money remains liquid and available in case of emergency or changes in your financial situation.
If you invest the money and want to stop vacationing at Disney World, you can easily divert the money to other uses. Remember that the cost of accommodations is actually a small fraction of the overall cost of a vacation. DVC members do qualify for some discounts that may help with these additional vacation expenses though only if they buy at least some of their points direct from Disney.
Also, the villas have full kitchens , which could help a bit with the costs, since some meals can be made in the unit. The Dining Plans are available to the general public only as part of a vacation package, so this is a nice benefit for those DVC members who like the Disney Dining Plans.
This is true whether you use your own points, rent points or pay cash. By contrast, the Disney resort hotels charge extra if you have more than 2 adults defined as 18 and older in a room. Depending on the ages of the people in your group, this may save you a bit.
Consult your tax advisor for details. DVC contracts last a long time. Will you still want to go to Disney World every year, 25 years from now?
If your lifestyle changes, you get tired of Disney vacations, or you suffer financial reverses, the dues can become a burden. Realistically, there is a reason why there are always DVC resales available: people do get in over their heads, or just change their minds. When she became a member, she had small children and went to Disney World every year.
The single biggest reason people sell timeshares is that they can no longer afford the membership fees, which inevitably go up and up. Given the success of DVC, there is every reason to expect that additional resorts will be built, with later and later expiration dates.
On the other hand, there is a major advantage in your DVC membership having an expiration date: eventually you can get out of it! Most other timeshares are sold in perpetuity , which is not, in our opinion, a benefit: it just means the membership fees will never, ever end , so you are stuck paying those fees forever unless you can sell the membership or are willing to stop paying and let it be repossessed and potentially take a hit to your credit rating.
Generally only the newest resorts are available for immediate purchase directly through Disney. For popular, small resorts like Beach Club or Grand Californian, the waiting lists can stretch for several years. For bigger resorts like Saratoga Springs, you may be able to get points immediately or within a few weeks or months.
You can purchase a contract at any DVC resort from current owners who want to get rid of their memberships, through the resale market. Be sure to research before making your offer, so that you have a reasonable expectation of actually getting the contract.
Most of the time, an offer that low will be taken by Disney under its right of first refusal. If you just want to buy into DVC as quickly as possible so you can start using it right away, buying direct from Disney is usually the best bet. Disney expedites the deed recording process and you can usually get a reservation as soon as you sign the paperwork, even before the deed is officially recorded with the state.
If you want to pay the lowest amount possible, buying resale is usually the best bet. You just have to understand that the process can be slow, sometimes frustratingly slow. With a resale, you first have to find a good contract. If you want a specific size at a smaller resort, it can take some time for one to come up. Once you find one and make an offer, the seller may decide to take a different offer, and then you have to wait for another one to come along. Once the offer is accepted, it has to be sent to Disney for them to decide whether to exercise their right of first refusal, followed by the titling and deed recording process.
Disney then needs to get you registered as a member in their system. If Disney does take the contract back via right of first refusal, it costs you nothing, but now you have to go back to the beginning and find a new contract to make an offer on. We can tell you from personal experience that the process can feel maddening.
Another difference between buying direct and resale is the ease and cost of financing. And when you look at the size of your resort room vs paying out of pocket, a DVC room is always the better deal.
Remember, this is a Time-Share. You can buy resale, buy someone out of their contract, but it is never the same as buying it directly from Disney. The exact amount for membership is determined by how many points you want as well as your choice of resort homes. Of course, DVC owners pay yearly maintenance fees, but these expenses are negligible compared to resort costs for regular guests.
Members also avoid the hefty Typically if you want to get an idea of the savings now keep in mind that the resorts do range in price. You can stay for typically about the cost of the value resort or just a little bit more. If you are a person who stays at a moderate or deluxe hotel when you go, you will be saving a significant amount of money. And you get the ultra-convenience of being walking distance to 1 or more parks and a short monorail ride away to others depending on where you are staying.
DVC properties provide deluxe villas with plenty of room for large families. Some locations group studios and villas to host eight or nine guests comfortably, others provide similar accommodations in a single unit, and the grand villas sleep up to twelve.
If you normally travel with large groups, then purchasing a lot of DVC points becomes necessary. Otherwise, members may bank their points from the previous year, borrow from other members, or rent points from a retail outlet.
Disney Vacation Club members received additional savings for select dining, spa treatments, recreational activities, merchandise, tours, and theme park tickets and annual passes. In addition, owners have access to special events, such as VIP tours, seasonal parties, tournaments, cruises, festival experiences, demonstrations, shows, movie screenings, and more.
Disney Vacation Club works by giving owners an annual allotment of points to their Home resort. Depending on how often you like to travel as well as the typical size of your travel party will play into how many DVC points you should buy. Once you purchase your membership in the form of points, you then use those points to book your vacations. It can be pretty expensive to purchase Disney Vacation Club points, so we recommend listing the pros and cons for your family down first.
Then, you can weigh your options wisely. You may remember timeshare as being a vacation you take once a year at the same resort every year, but times have changed. Undoubtedly, DVC offers one of the most flexible vacation ownership programs out there with its points system. Since Disney Vacation Club is a points-based timeshare club, owners have the option to divide their points for multiple stays throughout the year.
How many stays you can book depends on the number of points you buy, of course. Not to mention, price-per-point changes depending on the resort you buy with and stay at. The good thing though is that you can always add more points anytime for less on the DVC resale market.
This point really depends on your preferences. Since Disney began incorporating Magic Bands into their theme park experience, more and more fans have become accustomed to the wearable tech. Not to mention, Magic Bands have taken off for being so customizable to the wearer. Annual pass holders often have multiple bands to coordinate with their outfits of the day!
However, Disney Vacation Club recently announced that Magic Bands will no longer be complimentary to your stay at a resort. Instead, owners and visitors can download the free My Disney Experience app to access theme park tickets as well as their room key. Of course, you are still able to use a Magic Band if you own one. Deciding if Disney Vacation Club is worth it for you depends on the way you like to vacation. However, you can add an RCI membership to your vacation ownership that will allow you to travel abroad.
This added hoop can feel like a lot perhaps a con for some families, especially considering the list of RCI fees that come with exchanging. Well-known brands like Wyndham are offered in the RCI network, so you can add Wyndham Destinations to your travel plans, too.
World travelers may love purchasing a timeshare resale and then joining an exchange network to get the most out of traveling internationally. The cost of a timeshare on the resale market can oftentimes be less than buying hotel stays each year!
These dining experiences offer unforgettable moments for adults and children in addition to delicious Disney-style food only Disney can offer. Disney Vacation Club Member benefits extend beyond just vacation ownership, but also with additional discounts and members-only access to special events. This is a question no blog can honestly answer since vacations are so special for each person.
You can save thousands of dollars while still maintaining most of the incredible perks that make timeshare so amazing. Some owners on forums or elsewhere might recommend buying DVC points on the resale market before purchasing directly from Disney.
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