DVC RESALES
DVC RESALES

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Old 01-03-2013, 09:45 AM   #1
SCarolinamom
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Unhappy ?DVC membership

My husband and I were just on a disney cruise with our kids. My husband went to the DVC meeting and became very interested about the membership. We love disney but don't see ourselvess going there every year. what we loved about the membership is the ability to go to other resorts all over the world. I have been reading postings and my head is swimming. I hear no one talking about the other non disney resorts out there. Are they good accommodations. Can you get reservations easily? I also hear a lot about your buy in hotel. I thought you could get reservations at any disney property it didnt matter where your buy in was. Currently 160 points is 22,000. maintence fees are 1800. Anyone who can give some feedback it would be very helpful. We have 10 days to decide.
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Old 01-03-2013, 10:03 AM   #2
chalee94
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Originally Posted by SCarolinamom View Post
My husband and I were just on a disney cruise with our kids. My husband went to the DVC meeting and became very interested about the membership. We love disney but don't see ourselvess going there every year.
i'd buy DVC for DVC stays. if you don't go to wdw (or HHI or hawaii) at least every other year, then DVC is probably not well suited for you.

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what we loved about the membership is the ability to go to other resorts all over the world. I have been reading postings and my head is swimming. I hear no one talking about the other non disney resorts out there. Are they good accommodations.
DVC is very expensive - thousands up front and $1500 or more for annual dues for a week in a 2BR. you can probably buy many of the timeshares that you can trade into for one dollar on ebay with annual dues of less than $1000. why buy a lexus just to be able to trade it for a chevy?

edited to add: some are "good" accommodations, though. a few are even nicer than DVC...but most are not... if that's your main goal, go over to TUG to learn more and then buy a cheaper timeshare for trading.

Quote:
Can you get reservations easily?
even just using DVC pts for DVC resorts works best if you plan well in advance.

but trading out of DVC for other timeshares generally requires a lot of planning ahead - and some of the top options, especially if you are limited to school schedules and holidays, never show up as trades.

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I also hear a lot about your buy in hotel. I thought you could get reservations at any disney property it didnt matter where your buy in was.
only at DVC resorts. you have access to your "home resort" at 11 months out. if other DVC resorts still have availability at 7 months out (and certain room types and resorts are tougher to get), then you can trade your pts for another DVC resort.

but stays at the contemporary hotel or yacht club resort are not an option. you also cannot trade DVC pts for a stay at a value resort. stays at the poly are currently possible but extremely expensive.

take some time to do more reading but it sounds like you'll find DVC very frustrating.
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Old 01-03-2013, 10:10 AM   #3
disneynutz


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IMO you should only do the DVC for stays at DVC resorts. Anything else isn't guaranteed, can be a poor value, can be hard to get and may have restrictions.

Also IMO, Disney uses the possibilities as a sales tool never intending that people would actually use their points for those stays. An example would be DCL which is run by the same Disney executive as DVC. You would think that DVC would get a good deal on DCL but we really don't and there are black out periods and other restrictions and fees.

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Old 01-03-2013, 10:32 AM   #4
k3chantal
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Quote:
Originally Posted by SCarolinamom View Post
My husband and I were just on a disney cruise with our kids. My husband went to the DVC meeting and became very interested about the membership. We love disney but don't see ourselvess going there every year. what we loved about the membership is the ability to go to other resorts all over the world. I have been reading postings and my head is swimming. I hear no one talking about the other non disney resorts out there. Are they good accommodations. Can you get reservations easily? I also hear a lot about your buy in hotel. I thought you could get reservations at any disney property it didnt matter where your buy in was. Currently 160 points is 22,000. maintence fees are 1800. Anyone who can give some feedback it would be very helpful. We have 10 days to decide.
We have used our points to go to Princevalle, Kauai, Hawaii for a seven night ocean view condo.
We have also used our points to go on a 7 day Disney Wonder cruise.
We have made reservations at other DVC resorts other than our home resort under the 7 month window.

Yes, it can be done. But even though we have done all of your concerns successfully, I would say that we were lucky and willing to be flexible. When I called Member Services for the Hawaii trip, I said that my first choice was to go to Hawaii but anything on the West Coast I would consider. At the time, MS actually had two resorts to choose from on the island of Kauai but not on any other Hawaii island. I took an additional chance, hung up the phone and researched both resorts. Then, I called back and luck was still with us, the resort we preferred was still available.
With our reservations to WDW under 7 months, we were willing to have a split stay (moving from one resort to another during the same trip).
As you read through the posts, you are going to bump into a whole segment that has figured out a formula that it isn't a good value to use your points anywhere other than at a DVC resort. When we decide to use our points, we factor in the costs to travel there and back and the food, tickets and other costs associated with traveling. Since we live in California, flying to Florida is not an option every year. When we went on our cruise, we were able to drive down to L.A., go to Disneyland for two days, and then go to the cruise. That trip was actually several thousand dollars cheaper than going to WDW on our points between not having to pay for five on a plane and the tickets to get into the WDW parks for several days.

Even Kauai was 'cheaper' for us even though we had to fly. We found that the cost of food was about the same as where we live in the Bay Area and we found Costco on the island. Our activities were not as expensive as going to a park each day at WDW either.

You need to keep in perspective that there are hundred of thousands of DVC members using their points in every way imaginable and only 3000+ here giving our opinions.

My biggest concern for you is that with 160 points, you are going to be more limited in what you can do. An example would be that Kauai cost us 160 points but we were able to bank the remainder of our points to go to a larger trip the following year (I think it was part of the points that went to our cruise). I am also concerned that you find it expensive. Yes, it is but when it is an overriding concern is probably when you shouldn't do it.

Good luck with your decision.
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Old 01-03-2013, 11:04 AM   #5
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We have used our points to go to Princevalle, Kauai, Hawaii for a seven night ocean view condo.
how far ahead did you call to book hawaii?
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Old 01-03-2013, 11:32 AM   #6
mort1331
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As you will see there is a large portion of people who are here that will say the best use of points are at DVC, but as you have seen with some it depends on your lifestyle.
My concern is your numbers, 1800 for 160mf, that would say that your fees would by over 10/point. check with your rep. at most it should be 7 depending on where your rep is selling you. but should be closer to 5-6.
ALso as you will find, resale is a much better deal, as long as you dont mind doing alittle research and waiting a couple of months. For us that translated into 10,000 savings. So well worth it for us. And its the mf to look at in the long run as well.
Either way have a great time talking and deciding
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Old 01-03-2013, 11:34 AM   #7
Brian Noble
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We have 10 days to decide.
If you have any doubts at all, you should rescind and do a little more homework. You may end up deciding that the contract you have now is exactly the right one for you, at the right price, and if so you can probably get that deal---or one pretty close to it---again. But, you might also find that some other contract, at some other price, is a better fit for your travel plans, or you might even find that DVC just isn't right for you.

Better to learn that before your contract drops in value by thousands of dollars, and that is exactly what will happen when your rescission period ends.
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Old 01-03-2013, 04:39 PM   #8
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Quote:
Originally Posted by SCarolinamom
We have 10 days to decide.
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Originally Posted by Brian Noble View Post
If you have any doubts at all, you should rescind and do a little more homework.... Better to learn that before your contract drops in value by thousands of dollars, and that is exactly what will happen when your rescission period ends.
What Brian said.

You don't seem to know what you bought, and you surely do not understand how the system works, what it is/is NOT, etc.

You need to cancel your purchase and start over.

If you want to buy a timeshare to exchange into other timeshares through RCI (the exchange service DVC uses), the first thing you should understand is that exchanges are not the best value in ANYbody's timeshare system. If you are determined to exchange anyway, you can buy better timeshares for that purpose on eBay for $1 and have unlimited access to the entire network of RCI resorts -- rather than <600 out of more than 4,000 that DVC's limited portfolio gives you.

If you want to buy DVC, you can buy DVC resale for approximately 1/2 what you are paying buying direct from Disney. You are paying $137.50 per point and can buy resale for far, far less than that, depending on which resort you are purchasing.

Two things about the "benefits" you are getting for buying direct:
  1. ALL of the things you are getting are "perks." They can be withdrawn from you with one swipe of the Mouse's pen...just like they were from resale buyers.
  2. They are VERY expensive, low-value options for DVC points.

Rescind and research.
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Old 01-04-2013, 09:50 AM   #9
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Originally Posted by JimMIA View Post
If you want to buy a timeshare to exchange into other timeshares through RCI (the exchange service DVC uses), the first thing you should understand is that exchanges are not the best value in ANYbody's timeshare system. If you are determined to exchange anyway, you can buy better timeshares for that purpose on eBay for $1 and have unlimited access to the entire network of RCI resorts -- rather than <600 out of more than 4,000 that DVC's limited portfolio gives you.
This is so well put and so important.

OP, it kind of all boils down to how you plan to use DVC. If your primary use will be regular stays at DVC resorts, but you'd like to have the option to trade out maybe every 5 years or so, there's nothing wrong with using your points for an exchange.

If your primary interest is the exchanges, with only occasional stays at DVC resorts, you've bought the wrong timeshare.

I've been trying to think of a comparison...let's say you want to listen to your local AM radio news station. You could:

1. Buy a $10 transistor radio at Radio Shack.

2. Buy a $300 iPhone and put a radio app on it. You'll never use the iPhone for anything but listening to that radio station, and you only get the radio stations that are in the app, not all the ones you could find on the transistor radio.

Well, the iPhone idea would work, but it's not really what an iPhone is for. And it's one heck of an expensive, complicated, roundabout way to listen to AM radio.

That's kind of what buying DVC to trade out is like. It's not the primary purpose of DVC. It'll work, but it's staggeringly expensive compared to buying another timeshare, and you only have limited exchanges to choose from.
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Old 01-03-2013, 11:53 AM   #10
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Originally Posted by chalee94 View Post
how far ahead did you call to book hawaii?
Under a year I believe. But for the specific number of months, I can't be certain. I know we had to make a decision on how were were going to use our points or bank them.
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Old 01-03-2013, 12:30 PM   #11
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To get a better idea if DVC is right for you. I would suggest you rent someone's points for a few days and see for yourself if you would like it.

PS. that's what I did and I liked it!
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Old 01-03-2013, 12:36 PM   #12
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Currently 160 points is 22,000. maintence fees are 1800
That's not right; that would mean per point dues are over $11, and there is no DVC resort that has dues that high.



I believe DVC currently trades out with RCI, right? My mom and stepdad owned RCI a while back, and they, even owning it, had a HARD time getting anything good. The resort they got into in the Bahamas, for their honeymoon, was horrible. They tried for a year to get me a reservation in Ireland, and were unsuccessful. They finally sold it after not getting into a single place they *wanted* to get into for a period of years.

Maybe it has changed between then and now, but it sure soured me on RCI! And having to trade out there, pay $95 for them to even look for you (as I understand it)? Ick.

If I wanted RCI, I'd just buy into RCI.
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Old 01-03-2013, 11:50 PM   #13
k3chantal
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That's not right; that would mean per point dues are over $11, and there is no DVC resort that has dues that high.



I believe DVC currently trades out with RCI, right? My mom and stepdad owned RCI a while back, and they, even owning it, had a HARD time getting anything good. The resort they got into in the Bahamas, for their honeymoon, was horrible. They tried for a year to get me a reservation in Ireland, and were unsuccessful. They finally sold it after not getting into a single place they *wanted* to get into for a period of years.

Maybe it has changed between then and now, but it sure soured me on RCI! And having to trade out there, pay $95 for them to even look for you (as I understand it)? Ick.

If I wanted RCI, I'd just buy into RCI.
Just wanted to clarify....it's only 95 dollars if you actually make the reservations and trade your points; NOT just to look. Looking is free if not time consuming.
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Old 01-04-2013, 08:11 AM   #14
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Financials aside.

What do you want out of this timeshare (dvc)? What would be your ideal "hope"
for a vacation? Where would you want to stay? Have you ever went to WDW?
You have two teens are they into Disney? Can you book in advance? What do you see your vacation plans for the future? There are many other questions you can ask yourself.

For us... Disney works out great, it forces us to take a vacation (now 2x a year). Our children are all grown, we now have family vacations together in Disney (great place for family vacations). We invite friends when we have extra points. Overall we are very happy.

Our timeshare feels more like a second home. We know what to expect.

I agree with the other posts in that you may need more time to research your purchase. As I mention before you can always rent points from someone and sample before buying.

I don't know if you are aware but in the next year Disney will have a new DVC
built in the Grand Floridian. So DVC is not going anywhere....
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Old 01-04-2013, 08:18 AM   #15
chalee94
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Just wanted to clarify....it's only 95 dollars if you actually make the reservations and trade your points; NOT just to look. Looking is free if not time consuming.
i think the other poster might mean you have to pay to do an ongoing search.

hunting through what is currently available at RCI is fun, but for the most part, you're just going through the leftovers after the online searches have matched to new deposits.

(i'm assuming DVC owners can put in an ongoing search - haven't tried it.)
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