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#76 |
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Join Date: Dec 2001
Location: SALISBURY, MA
Posts: 2,189
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I would have bought all our points through resale
We bought 300 points VWL in 2000? and at the suggestion almost inistance of our guide Kelli Jo we split this into 2 150pt contracts. Then we got the bug and needed MORE POINTS - we found this board and through The timeshare store bought 2 okw contracts one of 190pts the other 210pts and the highestprice /pt(210 pt contract) was $64/pt - I beleive I spent $74/pt through Disney 1 year earlier Sue
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Sorry to say Susan has passed away 13OCT2010 due to complications during treatment of Leukemia thanks to all for your support, Rick |
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#77 | |
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Mouseketeer
Join Date: Nov 2003
Posts: 385
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Quote:
NOTE: Most of these threads talk about Interval International (our old exchange company;we now use RCI) however the general exchange discussion still applies. Using DVC Points for Non-Disney Resorts Question - http://www.disboards.com/showthread.php?t=1882244 How do you determine if owning is "right" for you? - http://www.disboards.com/showthread.php?t=1886784 Hardest Resorts to Get 7 Month Reservations - http://disboards.com/showthread.php?t=2087333 Dvc??? - http://disboards.com/showthread.php?t=2083681 Also the Disboards has a DVC Resort Reservation Availability Forum. This might give you an idea of what may be available in the 3 or 4 month window but please read the "READ ME" STICKY at the top of the forum - http://disboards.com/forumdisplay.php?f=168 I won't count on getting a ski week during high season. If it's a high demand ski resort and/or ski location most owners will either use their week(s) or rent their week. Good Luck
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#78 |
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Earning My Ears
Join Date: Feb 2009
Location: TWC - The Windy City aka Chicago
Posts: 8
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thanks phyllis, I'll take a look at those topics you mentioned!
It's funny, we looked into the DVC during a visit in 1996 (our 3rd WDW trip at that point) but my husband was dead-set against it as he thought of it as a time-share, plus the offerings at that time were far less appealing (I believe those were pre-Boardwalk days) But had I realized that I'd be taking trips to WDW every three years (always staying on-site at the Polynesian and more recently the Dolphin/Swan) we would be staying practically for free now! Our 3 kids are more or less grown (18 - 24 yrs, all still single) but still love the idea of a WDW vacation and I like the idea of DVC membership because it will in a sense force us (I guess "encourage" would be a better word) to do a family vacation that everyone will be enthused about. So my questions have less to do with whether to buy or not, and more to do with just how many points would we need/use and at what resort. There certainly is a great deal of information to digest, and these boards are a great resource. Thanks to all! |
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#79 |
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Princess by Choice
Join Date: May 2007
Location: Houston
Posts: 780
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We started from a roughly similar situation. We started looking casually at DVC years ago, too... and dismissed it because it was a timeshare. We continued to go to WDW almost once a year (with a two year hiatus because of the birth of DS. We always stayed at Deluxe resorts Concierge level (in our case, BC, BW, or GF) and we almost always got either two rooms or a suite because DM enjoyed travelling with us. We looked at DVC very seriously in 2006, and decided we would probably buy in some day (once we'd finished expanding our family - we knew we'd either be doing IVF or adopting and either route was going to use a substantial amount of money.) Even after we knew we wanted to buy in, we took two pretty elaborate vacations. We were planning a third when we realized we were being "penny wise and pound foolish", as my grandfather used to say. Planning to buy in "some day" and continuing to spend thousands and thousands of dollars on hotel rooms just didn't make sense.
Instead of a fall trip last year, we put our trip off to January and bought DVC. We bought one contract from Disney and one resale. I would do either again, depending on the deals and incentives currently offered. Buying from Disney was much faster and easier and we have already enjoyed using up our developer points. Considering that we would have spent at least $3000 on the amount of space for the amount of time we got for using the developer points, I don't think it was a bad deal at all. (We saved ~$2000 on the contract we bought resale, and it was fully loaded with banked points, so we didn't feel like that was a bad deal, either. It was just a headache dealing with it.) We will echo the sentiment that we wish we had bought in earlier. We had the money to do so, we just weren't convinced it was the right time for us. We now think we were wrong :-) I know there are a lot of people who are unhappy with the direction DVC has gone in the last couple of years, but it makes a lot of sense for some people, including us. We did buy where we wanted, or at least were willing, to stay all the time. We had heard that advice enough that we knew we wanted to follow it. We did not buy with the intent of trading out often, if ever. We like to cruise, so we plan to continue to take cruises. We like Hawaii, but not the long flight with a little kid, so we've put Hawaii on hiatus, anyway. (If DVC ever does finish the Hawaii property, we'll be buying enough points for a two bedroom ocean view villa for a week+ once every three years.) We have access to an adequate, if not fabulous, beach nearby, anyway, so beaches aren't a huge deal to us. We'll probably try Vero Beach at some point, just for a change, but it won't be any time soon. We bought our points to stay at WDW, and that is almost certainly what we'll use them for. I don't know about how much luck you'll have scheduling "last minute" trips. We sort of looked into it last fall, and we couldn't find enough consecutive nights to make it worth our while. (We're not into switching rooms nightly... no more than one room change per trip for us.)
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![]() (me) (DH) (DS 7) (DD 2) (4 cats) (2 gerbils) (52 fish) (and a frog) |
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#80 | |
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Mouseketeer
Join Date: Nov 2003
Posts: 385
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Quote:
If your travel dates are tied to a school calendar and you are only planning to stay at WDW during peak travel times (anytime the kids are out of school), you may have some difficulty finding availability within a 3 month window. I don't recall if the old threads that I provided above stated this, but if you always plan to book less than 7 months in advance then it doesn't matter which DVC resort you own (onsite or offsite). The priority booking window for home resort owners would have ended. Starting at the 7 month mark, everyone has equal access to book at any DVC resort. The general rule with any timeshare (including DVC), reservation requests are processed on a first come/ first served basis. The best results are achieved by making reservations as far in advance as the reservation window allows. Flexibility with travel dates will also impact your success. |
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#81 | |
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DIS Veteran
Join Date: Feb 2002
Posts: 20,507
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Quote:
Also, it depends on what you are willing to accept in terms of availability. Sometimes there is a studio on Monday at BCVs, a one bedroom Tuesday and Wednesday over at SSR, and the rest of the week is available in a OKW one bedroom - if you are willing to move mid trip there will be more availability short notice than if you want to stay in one room. |
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#82 | ||
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"Smells like ca-ca in here!"
Join Date: Feb 2005
Location: Miami, Wyndham Great Smoky Mountains, and EVER (Everglades National Park)
Posts: 10,513
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Quote:
As some others have said, staying onsite may be an overrated value in our particular case. I think it's more important for people who fly in than for those of us who just have a short drive to WDW. We now find that we eat almost all of our meals offsite, so the onsite advantage is not really as big a deal as before. Obviously, the onsite advantage varies a good bit depending on where you stay and which parks you frequent most. The Epcot resorts are very convenient to Epcot and DHS. VWL and BLT are very confenient to MK. We spend most of our time at MK and Epcot, but we also find driving to the parks only takes a few minutes and the convenience of easy return to our resort outweighs any time spent driving, parking, etc. Quote:
Certainly if you are planning a visit any time between Thanksgiving and New Years, you need to book very early. If you want a specific type of unit which is short demand (a GV, or a particular view), you'll have to book right at 11 months. Also, the Epcot resorts are very difficult to get during F&W Festival, and as Crisi mentioned, there are some quirky periods where you'll have more difficulty than you'd expect. |
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#83 |
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Earning My Ears
Join Date: Feb 2009
Location: TWC - The Windy City aka Chicago
Posts: 8
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THANKS for all the comments, as I may have mentioned either here or in another topic, I'm pretty sure we'll buy something in DVC, the bigger question is how many points and where (once I realized I could go thru a resale market and not have to purchase the minimum 160 @ BLT)
it's good to know that the exchange/trade route is not as easy or beneficial as I'd thought from the DVC presentation, so I won't purchase additional points on the assumption that I can always use them on a visit elsewhere So now I just think I need to learn more about the relative benefits of BWV vs. BCV and Use Year and those things, I know there's a few threads on those topics so I've got some reading to do! |
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#84 |
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Earning My Ears
Join Date: Feb 2009
Location: Canada
Posts: 1
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If I knew then, what I know now?
I'd have given more thought to my use year, kids are growing up and schedules are getting harder to match.
I'd also have bought earlier, and more points. The price of points goes up every year, sometimes more often. |
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#85 |
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Gotta have my DVC
Join Date: Nov 2008
Location: Idaho Falls, ID
Posts: 97
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1. I would have split my contracts up. Just in case I want to sell later.
2. I would have looked at other properties. Now that I know the other properties better there are a few I might like to buy. 3. I would have considered resales. You don't get incentives but you can find cheaper prices.
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DLR: To many times to count. WDW: Only once in 1994, hopefully again in 2014.
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#86 |
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DVC Co-Moderator
![]() Join Date: Dec 2002
Location: Orlando, Florida DVC (AKV, BCV, OKW, VGC)
Posts: 5,860
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1. Purchase contracts in 100 and 50 point amounts. Easier to sell and more flexibility to adjust ownership levels as your needs change.
2. Buy based on what is most important to you -- location, cost, dues, theme, expiration, whatever. Ownership location is really important if you want to buy from Disney or if you need home resort booking advantage. Otherwise, best long term value is probably the guiding principle. 3. Use year is important relative to canceling vacations and having alternatives such as rescheduling and banking to save the points. It is a good strategy; however, vacation patterns change over time. Especially true as children age, you become empty-nesters, grandkids arrive, and the like.
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WDW - All Star Movies (Fantasia), Animal Kingdom Lodge (3), Animal Kingdom Villas (Jambo House-2, Kidani Village-4), Bay Lake Towers (6), Beach Club, Beach Club Villas (7), Boardwalk Villas, Contemporary (2), Caribbean Beach (Aruba-2, Jamaica-2), Coronado Springs (Casitas-3), Dixie Landings (Bayou), Disney Institute (Villas-3), Grand Floridian (Sago Cay), Hilton Head, Old Key West (5), Polynesian (Figi), Port Orleans, Saratoga Springs (Congress Park, Grandstand-3, Paddock, Springs), Vero Beach (6), Villas at Wilderness Lodge (4), Wilderness Lodge, Yacht Club, Other (Cypress Harbour-5, Doubletree Castle, Renaissance WorldGate, Village [Royal Plaza, Pickett Suite])
DCL - Dream (2/11 4, 10/11 3, 2/12 4), Magic (6/99 4, 5/05 Panama Canal, 9/08 5, 11/10 Eastern, 10/11 Western), Wonder (12/06 4, 9/09 4, 5/12 7 Alaska) DL - Grand Californian (4), Villas Grand Californian (2), Marriott |
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#87 |
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DIS Veteran
Join Date: Jul 2008
Location: North Carolina
Posts: 531
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Ditto!!!! We are very new (haven't even made our first trip yet) but I wish I had known that when it comes to selling and bequeathing it is all or none. We have three kids so we would have split contracts so we could leave points to each child
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#88 |
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"Girls just wanna have fun"
Join Date: Nov 2008
Posts: 373
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I would wanted to buy earlier.......
.............wait a second!, No I would not, because of BLT.............. we love MK and BLT is the best resort for us, so even when it would be good to be members years ago and save all the money of our past vacations, maybe we would not enjoyed it at all as we always have stayed at MK resorts. So, I am Ok and so happy, thanks for BLT!!! |
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#89 | |
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Moderator
Join Date: Nov 2008
Location: Syracuse, NY
Posts: 9,013
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Quote:
But, to answer OP question, I would have paid more attention to UY for my resale contract. Got an October UY when we vacation in summer. Didn't think it would make a difference but realized when I was adding on to BLT that I didn't want those points to be tied to that UY. Luckily, I was able to get them to sell me my BLT points with a June UY. I have 2 UY's now but that will be only for a while. My plan is to sell my VWL contract (it is small) in a few years, after I get a few vacations out of it, and add on more points at BLT with a June UY. Hopefully, I won't take a huge loss.
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Sandi
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#90 | |
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DIS Veteran
Join Date: May 2004
Location: Illinois
Posts: 1,122
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Quote:
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