|04-18-2009, 09:08 AM||#1|
DVC Member @ BLT, VGC, VWL, BWV, BCV
Join Date: Aug 2007
Location: 550 miles from WDW
Choosing Your Home Resort - What to Consider?
One of the first decisions a prospective Disney Vacation Club member has to make, after deciding to buy into DVC, is which resort they should purchase and make their home resort. DVC members who wish to add-on face the similar issue of choosing which resort to add-on points at.
DVC members can book their home resort(s) up to 11 months prior to the check-in date, while being able to book other DVC resorts only 7 months prior to check-in date. This 4-month booking advantage is important for certain high-demand periods or certain room types.
Prospective DVC members may not be aware that they are not limited to just the resorts that DVC is actively marketing, but that it is possible to buy into any of the DVC resorts, even the older “sold-out” resorts. You can buy these resorts on the resale market, as well as direct from Disney (once you convince your guide that you simply are not interested in the resorts DVC is actively marketing).
Now, what factors should one consider in choosing their home resort? People consider a wide range of things when deciding to choose their home resort. This includes (in no particular order):
In addition to these individual factors, there are a few popular philosophies that you’ll hear from DVC members.
The most popular philosophy is “Buy Where You Want to Stay”. If you really love a particular resort, then buy into it. There are some people who have a particular fondness for a resort and really want to stay at that particular resort, and they would be unhappy if they were not able to book there. These folks should buy where they want to stay, provided that they can reliably plan and book to take advantage of the 11-month home resort booking advantage.
If a specific resort (theme/style, location, villa type and/or view) is really important to you and you can take advantage of the 11-month home resort booking advantage, then buy into that resort. The need for the home resort booking advantage varies by resort, villa type, view and time of year that you most often vacation.
If you don’t have a particular fondness for a certain resort, or if you’re not a planner and anticipate always booking at the 7-month window (or less), then one of the next two philosophies may be best for you.
One alternative philosophy states “Buy Where You Wouldn't Mind Staying”. This view states that people should avoid buying at a resort that they really wouldn't be happy staying at. Since the resort you buy into will be your default location should your other options fall through at the 7-month window, you should pick a resort that you would wouldn’t mind staying at; i.e., it would not make you unhappy.
Finally, others promote the idea of “Buy the best deal”; that is, whatever resort has the lowest overall cost. If any resort is fine, then buy where you get the best overall deal for total cost of ownership. Recognize that the variables for that depend on purchase cost (price, closing costs and finance charges), annual dues, expected length of ownership and likely resale value upon disposition. Keep in mind that any savings in upfront purchase cost will probably be offset by the difference in maintenance fees.
Some members may decide to purchase at more than one resort, giving them multiple home resorts. Typically, the reason is that the owner wants the 11-month booking advantage of the Home Resort Priority Period in order to make it easier to get the resort they want, at the time they want, with the accommodations they want. This reduces any possible frustration at the 7-mo window, wait-listing, or having to “settle” for another reservation while missing out on the one you really had your heart set on.
Keep in mind that if you have more than one home resort, all vacation points being used to make a reservation during the Home Resort Priority Period must be associated with that home resort. That is, you cannot combine points from multiple resorts to book one resort during the Home Resort Priority Period. You may combine all the points you have at all your home resorts and book any DVC resort only at the 7-month window.
Some folks purchase small add-ons at other resorts and then, by banking and/or borrowing, book a vacation there at the 11-month window every 2 or 3 years.
My Disney photos on Flickr
My DVC Home Resorts: Bay Lake Tower, Boardwalk Villas, and Villas at the Grand Floridian
Last edited by DVC Mike; 12-23-2013 at 12:44 PM.
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