DVC RESALES
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Old 02-05-2013, 12:17 AM   #1
CharlieAndJohnsMom
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Smile Calculating trip costs vs DVC cost

New poster but WDW veteran here. I'm wondering if any of you might have an idea of how to best compute the approximate cost of a future trip vs a DVC membership. The general plan is for a family trip over April vacation week in 2015 (my sister is finishing up her Masters to become a hs or ms teacher so the specific dates will depend on her school's calendar.) Our party would be my family (me, DH, DD age 4.5 and DS age 2.5), sister and potential partner if she has a BF/DH at that time, and our parents. Options for rooms would be either three separate rooms at a deluxe resort or a villa with 3 or 4 rooms. The latter would be great but more expensive, of course. Obviously that trip alone would be less than purchasing a DVC membership, but if the difference between what we might pay for a membership (to be used by any of us in the future) with enough points to cover a week like that is not huge, I feel it would be worth investigating at least. Our family growing up visited 6 or 7 times, and DH and I honeymooned there (his first visit where he had a blast.) With kids we want to visit semi-frequently, and will probably also visit DL as we live in Washington State and it's so much closer. I definitely see multiple visits to both parks as our kids grow up.

Anyhow, given all that is there a way to roughly compute how many points we'd need to have (banking and borrowing from the bookend years, and open to resale) for either scenario of separate rooms or a large villa, and compare that cost to straight up non-DVC cost as much as possible? Obviously I can't get it apples to apples but I'd like to see if its even worth investigating or if I'm just talking vastly different numbers. Needless to say not being the only one who would be using the points in a shared membership I'd need to get the rest of the family on board, as right now we ourselves can't cover the full cost of owning. I hope that is not too complicated, but i figured someone here might be able to share some thoughts. Thanks so much!
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Old 02-05-2013, 04:26 AM   #2
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Point charts are at the top of this page. The ROFR thread will show you what people are paying for resale and you can price with Disney for your cash rooms.

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Old 02-05-2013, 05:22 AM   #3
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First thing you need to figure out is where you want to stay - that will weigh heaviliy on both the "normal" room rate and the cost of buying into DVC (for comparison purposes). So I would order both the Disney Planning DVD and DVC DVD and sit in front of a screen for a couple of hours ... And since it looks like you may be purchasing DVC as an "extended" family, be prepared for lots of differing opinions ...

Second - remember that DVC is a timeshare, with the most "benefits" for those who visit WDW at least every other year. So if that is not going to be you, DVC is probably not for you ... Also, since it sounds like you haven't been to WDW in a few years and never toured any of the DVC properties, buying into DVC may bring some pleasant and unpleasant "surprises" - so you really need to focus on:

Third - start trolling the various DIS Boards DVC sites and develop a thorough understanding of DVC and its costs and benefits. You'll be spending thousands of dollars, so you want to spend them wisely and to be comfortable doing so.

When we bought into DVC this past summer, I was thinking along the same lines as you: we are going to spend all this money to "rent" a room for a week, maybe we would make out better putting that money into DVC...

However, in our case, we had visted WDW about every 18 months for the past few years - and planned to do so in the future ... And we had stayed at AKL a couple of times, LOVED IT! - and knew it was the only DVC home resort for us ... (an regretted not buy in sooner ...) So for us, to a certain degree it was a "no brainer" ...

Good luck!
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Old 02-05-2013, 05:40 AM   #4
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Welcome to the Dis.

1st you can't consider cost of tickets, dining and travel to WDW as you will pay that whether you do DVC or cash resie. So, go on WDW website and put in this April and what you may be thinking your group will want to book for a cost idea. Now, if you buy DVC they only have 2BR and 3BR villas (no 4BRs but you can get a 2BR and a studio). If you buy SSR via resale (SSR is cheaper points and cheaper annual dues and resale is cheaper) you would need 477 points to get a Treehouse villa (has 3 BRs and is the 3BR at WDW that costs the least points...OKW 3BR is next and both are the cheapest WDW resort points to buy) the 1st week of April 2013...or 366 points the rest of April. You could buy 240 points (and use 2 years worth). 240 points will cost $1154.40 in annual dues for 2013 (they go up a tad each year). And you'd pay around $55 (give or take a few bucks) per point for SSR...so, $13200. You could get 160 points and use 3 years worth (you could look for a contract that has banked points) and pay $796.60 in annual dues and $8800 for the contract. 160 points is a good place to start. Buying DVC, though, is really only good if you plan to use it at least every 2 years.
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Old 02-05-2013, 05:46 AM   #5
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I should also add that if you are going to go to the Land more than the World, you may want to look in VGC points (and they cost more) as I think it's tough to book VGC at 7 months out.
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Old 02-05-2013, 06:44 AM   #6
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As previous posters have suggested, you need to account for all of the different costs of ownership vs. the cost of booking direct or renting points. The problem you're going to run into is that you need a massive amount of points for this trip and it is a trip that you are not likely to replicate. Which means whatever contract you buy most likely either won't be enough for your stay (even with banking and borrowing) or will be too large for you in the long run.

I encourage you to do the math and come to your own decision, but if you're looking to skip to the answer page I'll tell you this: DVC is a long term proposition, and in the majority of cases savings don't kick in until at least the sixth year, but more often the eighth or ninth. For this trip, I would strongly recommend that you rent points either from an owner advertising here on the rent/trade board or from a broker. Get a good feel for DVC on this trip and then decide if it is something you would want to do long term.

One other thing...I would recommend saving until you reach the point where you can pay for your membership in full, and by yourself. Co-owning will lead to headaches. It's inevitable.
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Old 02-06-2013, 12:17 AM   #7
CharlieAndJohnsMom
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Thanks very much for your replies. We haven't gotten so far as to determine where we'd like to stay in '15, but probably BW, BC, AKL would be top contenders. I agree that we wouldn't use as many points for future trips, but I could definitely see our family of 4 using some for trips, my sister using some for her own trips, and my folks using some potentially to go off park. But who knows for sure, we really need to sit down and talk. I'm just the preliminary researcher because I'm so excited and feel like this might be a good opportunity to explore. FTW DH and I did do a DVC orientation (Bay Lake) in '09 on our honeymoon so we are semi-familiar with the process and ups/downs.
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Old 02-05-2013, 05:41 AM   #8
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I recently looked at the same situation and agree with the last post that you need to look at how many points you would need. For your group you would need a 3 br villa which would require a large number of points if buying into dvc. If you look at when Easter falls in 2015 and when Spring Break normally is in your schoold district you will see whether or not you would need Premier or Magic season. We are going in 2014 because Easter falls later in the month and we will use substantially less points for our Spring Breake. To make this trip happen you will probably need 250 to 300 points for a week, which you could bank 2013 points use 2014 and borrow some of 2015 to make this trip happen. This is assuming you pick a use month that is later than when you take the trip. If buying direct from Disney you're looking at over $30,000 for the initial buy in plus yearly maintenance cost between $4.50 to $6.50 per point depending on the resort you choose. If you buy resale the initial cost would be $15,000 to $20,000 with the maintenance cost being the same. There are a few restrictions buying resale. You could also rent points if needed but if you buy into dvc you better be ready to take Disney trips at least every other year to get your money's worth. Good luck planning your trip, I spent two and a half years planning my family's first big trip to Disney World and it was a blast yet stressful time.
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Old 02-05-2013, 05:44 AM   #9
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Quote:
Originally Posted by geraghty View Post
I recently looked at the same situation and agree with the last post that you need to look at how many points you would need. For your group you would need a 3 br villa which would require a large number of points if buying into dvc. If you look at when Easter falls in 2015 and when Spring Break normally is in your schoold district you will see whether or not you would need Premier or Magic season. We are going in 2014 because Easter falls later in the month and we will use substantially less points for our Spring Breake. To make this trip happen you will probably need 250 to 300 points for a week, which you could bank 2013 points use 2014 and borrow some of 2015 to make this trip happen. This is assuming you pick a use month that is later than when you take the trip. If buying direct from Disney you're looking at over $30,000 for the initial buy in plus yearly maintenance cost between $4.50 to $6.50 per point depending on the resort you choose. If you buy resale the initial cost would be $15,000 to $20,000 with the maintenance cost being the same. There are a few restrictions buying resale. You could also rent points if needed but if you buy into dvc you better be ready to take Disney trips at least every other year to get your money's worth. Good luck planning your trip, I spent two and a half years planning my family's first big trip to Disney World and it was a blast yet stressful time.
I was looking at Animal Kingdom villas when for a 3 BR, points needed can vary widely.
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Old 02-06-2013, 10:29 AM   #10
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I would only buy the points that your family could/would use. PPs are right, if anyone named on the deed gets into financial trouble, the contract could be ordered to be sold to settle debts. Perhaps buy in at one of the DVCs with a hotel attached, so if extra rooms are needed, part of the party could stay as a cash guest at the hotel.

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