DVC RESALES
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Old 06-10-2014, 10:54 PM   #16
MadHookUp
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I could have given more details, but I didnt want to rant too much. I have two siblings that dont have much money. My parents are retired and dont spend anything. And my financial situation is secure.

My parents are paying for the entire vacation for everyone in our family. Their original plan was to just pay for the whole family to do a Disney cruise. When looking at departure and return dates we saw that it would be possible to squeeze a 5 night WDW trip in with the kids only missing a single week of school. My parents were aware that my wife and I were planning on getting a time share, at which point I offered to use a good chunk of our points to accommodate everyone at my annual dues cost, which would be around $5. For my parents to be able to manage the entire cost of this trip, the time share is essential. You would think my siblings and I would buck up money to make this all possible, but I will spare you my family drama :P.

I talked to my wife since creating this thread and we both appreciate the advice given. We were both more than happy to stay at Saratoga Springs, we just got our hopes up to be near the Magic Kingdom for our first couple visits.

To address some people's comments...

1.) We don't require a loan for our time share purchase, and after doing the math, also came to the conclusion that it would be possible to recoup our upfront cost in 7-10 years.

2.) My wife and I booked our last two trips from deals we found on a certain travel website(Dont want to violate any rules). For example we went to China for 7 nights, airfare/hotel/breakfast included for $799 a person. Ever since then we pretty much won't take a vacation outside of deals we find from there. So for that reason, my wife really wants to get a DVC membership. She doesn't think we will ever travel to Disney without it since we kind of became vacation deal hunters.

3.) If friends or family bailed on a disney trip, it wouldnt matter to us. We have already come to terms with the fact that 200 points is a bit on the high end for our family. If that means were are staying in a nicer room by ourselves, we'll survive ;-). I think our biggest problem is trying to figure out WHO is coming on the trip with us, not IF we can find someone.

I guess my concerns at this point are...

1.) Clearly a deluxe studio is the best bang for your point deal. With a 2 year old daughter and a 2 month old son... eventually they are going to get older. At what age do they loathe the idea of sharing a fold out couch? A 1 bedroom villa doesnt solve the problem and forces a 2 bedroom villa. But a lot of the savings goes out the door. But at that time I might have recouped my initial investment and its not something to worry about.

2.) We decided on a 200 point plan so we could take friends/family with us on trips. It also is enough points to get 2 rooms for 2 weeks in hawaii if we save/borrow all points from a 3 year span. But when bringing friends along for trips, what exactly do you charge them? My gut reaction is to charge them my annual dues. But then the reality sets in that I am buying a timeshare that my friends and family are taking much more advantage of than me. Maybe I sell them for 8 points... then I feel like I am taking advantage of them(even though mathematically I am not)... gah.

2 questions...

1.) I spoke to a DVC real estate agent, and no matter how many times it was explained, I was left confused. I know I can bank points and use them for 1 calendar year after the use year is up. And during that year I can also borrow points from the upcoming year. For example... if I have all 200 points from 2014, I could borrow my 200 points from 2016 and take a 600 point vacation in 2015. Assuming that is all correct, my agent made it seem like if I ever had to cancel or reschedule a vacation... banked/borrowed points are lost. I am not sure if she meant that the points were lost because I would run out of time to re-book with them. Or the points would be lost because of a Disney policy that banked/borrowed points are always lost on a cancellation. I couldnt find anything about it.

2.) Assuming I got 100 points from Saratoga and 100 points from the Grand Floridian... I wanted to book a 125 point week long stay at the Grand Floridian 11 months out. Would I be able to use 25 points from Saratoga to make this happen? Or would I have to book say... 5 days, then wait for the 7 month period to add 2 more?

Last edited by MadHookUp; 06-10-2014 at 11:06 PM.
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Old 06-10-2014, 11:48 PM   #17
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Quote:
Originally Posted by MadHookUp View Post
1.) Clearly a deluxe studio is the best bang for your point deal. With a 2 year old daughter and a 2 month old son... eventually they are going to get older. At what age do they loathe the idea of sharing a fold out couch? A 1 bedroom villa doesnt solve the problem...
1BR villas at BLT, OKW and AKV(non-value rooms) have a sleeper chair pullout so the kids would have separate pullout beds.

1BR villas at BLT and AKV-kidani have 2 bathrooms which is also nice.

Quote:
1.) I spoke to a DVC real estate agent, and no matter how many times it was explained, I was left confused. I know I can bank points and use them for 1 calendar year after the use year is up.
nope. throw out the calendar.

if your UY is october, then oct 1 means happy new (use) year. so your 2014 UY pts would be valid for stays from oct 1, 2014 to sept 30, 2015. if you bank them, they are valid for stays from oct 1, 2015 to sept 30, 2016. if you haven't completed a stay with those pts by sept 30, 2016, they will disappear into the void.

Quote:
And during that year I can also borrow points from the upcoming year. For example... if I have all 200 points from 2014, I could borrow my 200 points from 2016 and take a 600 point vacation in 2015.
if you banked your oct 2014 UY pts, you could stay from oct 1, 2015 to sept 30, 2016 using banked 2014 UY pts + current 2015 UY pts + borrowed 2016 UY pts. that is correct.

Quote:
Assuming that is all correct, my agent made it seem like if I ever had to cancel or reschedule a vacation... banked/borrowed points are lost. I am not sure if she meant that the points were lost because I would run out of time to re-book with them.
this. when you bank or borrow pts, they stay in that new UY. you cannot put them back or bank them forward. (i never recommend buying in if you are planning a lot of every-third-year trips. too risky.)

if you cancel within a month of the start of your stay, the pts become "holding pts" and are more difficult to use. (if you don't cancel till the day of your stay, you do forfeit your pts.)

so you have to find a way to use them or else rent a stay out before the end of that UY. (that can be especially difficult if you were traveling at the end of your UY - say in sept for an oct UY.)

Quote:
2.) Assuming I got 100 points from Saratoga and 100 points from the Grand Floridian... I wanted to book a 125 point week long stay at the Grand Floridian 11 months out. Would I be able to use 25 points from Saratoga to make this happen?
no, that would be really rude to people who bought VGF. not possible.

it's not you as the owner who has the home resort priority, it's the pts themselves.

so if you want to book VGF at 11 months out, you need VGF pts. it would be like you didn't even own the SSR pts till you hit the 7 month window.
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Old 06-11-2014, 05:13 AM   #18
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Quote:
Originally Posted by MadHookUp View Post
I could have given more details, but I didnt want to rant too much. I have two siblings that dont have much money. My parents are retired and dont spend anything. And my financial situation is secure.

My parents are paying for the entire vacation for everyone in our family. Their original plan was to just pay for the whole family to do a Disney cruise. When looking at departure and return dates we saw that it would be possible to squeeze a 5 night WDW trip in with the kids only missing a single week of school. My parents were aware that my wife and I were planning on getting a time share, at which point I offered to use a good chunk of our points to accommodate everyone at my annual dues cost, which would be around $5. For my parents to be able to manage the entire cost of this trip, the time share is essential. You would think my siblings and I would buck up money to make this all possible, but I will spare you my family drama :P.

I talked to my wife since creating this thread and we both appreciate the advice given. We were both more than happy to stay at Saratoga Springs, we just got our hopes up to be near the Magic Kingdom for our first couple visits.

To address some people's comments...

1.) We don't require a loan for our time share purchase, and after doing the math, also came to the conclusion that it would be possible to recoup our upfront cost in 7-10 years.

2.) My wife and I booked our last two trips from deals we found on a certain travel website(Dont want to violate any rules). For example we went to China for 7 nights, airfare/hotel/breakfast included for $799 a person. Ever since then we pretty much won't take a vacation outside of deals we find from there. So for that reason, my wife really wants to get a DVC membership. She doesn't think we will ever travel to Disney without it since we kind of became vacation deal hunters.

3.) If friends or family bailed on a disney trip, it wouldnt matter to us. We have already come to terms with the fact that 200 points is a bit on the high end for our family. If that means were are staying in a nicer room by ourselves, we'll survive ;-). I think our biggest problem is trying to figure out WHO is coming on the trip with us, not IF we can find someone.

I guess my concerns at this point are...

1.) Clearly a deluxe studio is the best bang for your point deal. With a 2 year old daughter and a 2 month old son... eventually they are going to get older. At what age do they loathe the idea of sharing a fold out couch? A 1 bedroom villa doesnt solve the problem and forces a 2 bedroom villa. But a lot of the savings goes out the door. But at that time I might have recouped my initial investment and its not something to worry about.

2.) We decided on a 200 point plan so we could take friends/family with us on trips. It also is enough points to get 2 rooms for 2 weeks in hawaii if we save/borrow all points from a 3 year span. But when bringing friends along for trips, what exactly do you charge them? My gut reaction is to charge them my annual dues. But then the reality sets in that I am buying a timeshare that my friends and family are taking much more advantage of than me. Maybe I sell them for 8 points... then I feel like I am taking advantage of them(even though mathematically I am not)... gah.

2 questions...

1.) I spoke to a DVC real estate agent, and no matter how many times it was explained, I was left confused. I know I can bank points and use them for 1 calendar year after the use year is up. And during that year I can also borrow points from the upcoming year. For example... if I have all 200 points from 2014, I could borrow my 200 points from 2016 and take a 600 point vacation in 2015. Assuming that is all correct, my agent made it seem like if I ever had to cancel or reschedule a vacation... banked/borrowed points are lost. I am not sure if she meant that the points were lost because I would run out of time to re-book with them. Or the points would be lost because of a Disney policy that banked/borrowed points are always lost on a cancellation. I couldnt find anything about it.

2.) Assuming I got 100 points from Saratoga and 100 points from the Grand Floridian... I wanted to book a 125 point week long stay at the Grand Floridian 11 months out. Would I be able to use 25 points from Saratoga to make this happen? Or would I have to book say... 5 days, then wait for the 7 month period to add 2 more?
Thanks for adding more details. I'm more convinced now that you need to spend time getting to know the system prior to any purchase and that you should rent at least once even then.
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Old 06-11-2014, 06:36 AM   #19
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Originally Posted by MadHookUp View Post
I could have given more details, but I didnt want to rant too much. I have two siblings that dont have much money. My parents are retired and dont spend anything. And my financial situation is secure. My parents are paying for the entire vacation for everyone in our family. Their original plan was to just pay for the whole family to do a Disney cruise. When looking at departure and return dates we saw that it would be possible to squeeze a 5 night WDW trip in with the kids only missing a single week of school. My parents were aware that my wife and I were planning on getting a time share, at which point I offered to use a good chunk of our points to accommodate everyone at my annual dues cost, which would be around $5. For my parents to be able to manage the entire cost of this trip, the time share is essential. You would think my siblings and I would buck up money to make this all possible, but I will spare you my family drama :P. I talked to my wife since creating this thread and we both appreciate the advice given. We were both more than happy to stay at Saratoga Springs, we just got our hopes up to be near the Magic Kingdom for our first couple visits. To address some people's comments... 1.) We don't require a loan for our time share purchase, and after doing the math, also came to the conclusion that it would be possible to recoup our upfront cost in 7-10 years. 2.) My wife and I booked our last two trips from deals we found on a certain travel website(Dont want to violate any rules). For example we went to China for 7 nights, airfare/hotel/breakfast included for $799 a person. Ever since then we pretty much won't take a vacation outside of deals we find from there. So for that reason, my wife really wants to get a DVC membership. She doesn't think we will ever travel to Disney without it since we kind of became vacation deal hunters. 3.) If friends or family bailed on a disney trip, it wouldnt matter to us. We have already come to terms with the fact that 200 points is a bit on the high end for our family. If that means were are staying in a nicer room by ourselves, we'll survive ;-). I think our biggest problem is trying to figure out WHO is coming on the trip with us, not IF we can find someone. I guess my concerns at this point are... 1.) Clearly a deluxe studio is the best bang for your point deal. With a 2 year old daughter and a 2 month old son... eventually they are going to get older. At what age do they loathe the idea of sharing a fold out couch? A 1 bedroom villa doesnt solve the problem and forces a 2 bedroom villa. But a lot of the savings goes out the door. But at that time I might have recouped my initial investment and its not something to worry about. 2.) We decided on a 200 point plan so we could take friends/family with us on trips. It also is enough points to get 2 rooms for 2 weeks in hawaii if we save/borrow all points from a 3 year span. But when bringing friends along for trips, what exactly do you charge them? My gut reaction is to charge them my annual dues. But then the reality sets in that I am buying a timeshare that my friends and family are taking much more advantage of than me. Maybe I sell them for 8 points... then I feel like I am taking advantage of them(even though mathematically I am not)... gah. 2 questions... 1.) I spoke to a DVC real estate agent, and no matter how many times it was explained, I was left confused. I know I can bank points and use them for 1 calendar year after the use year is up. And during that year I can also borrow points from the upcoming year. For example... if I have all 200 points from 2014, I could borrow my 200 points from 2016 and take a 600 point vacation in 2015. Assuming that is all correct, my agent made it seem like if I ever had to cancel or reschedule a vacation... banked/borrowed points are lost. I am not sure if she meant that the points were lost because I would run out of time to re-book with them. Or the points would be lost because of a Disney policy that banked/borrowed points are always lost on a cancellation. I couldnt find anything about it. 2.) Assuming I got 100 points from Saratoga and 100 points from the Grand Floridian... I wanted to book a 125 point week long stay at the Grand Floridian 11 months out. Would I be able to use 25 points from Saratoga to make this happen? Or would I have to book say... 5 days, then wait for the 7 month period to add 2 more?
We kinda came at DVC from the opposite angle from you. We found studios were no use when we had small kids. Yes they would share a pull out for a few years but when they go to bed we are stuck in a dark hotel room. So a 1 bedroom was essential to have a separate room to go to. The last time our two shared a bed on holiday was when they were 4 and 8. Since then we have always booked 2 bedrooms if on site or 3 bedrooms offsite. 2 bedrooms don't really erode the DVC savings as you cannot compare a 2 bedroom to a hotel room that is apples and oranges. The 2 bedroom gives you a kitchen for drinks, snacks, late night pizza, breakfasts etc which saves money on eating out. We also found the kids loved the resorts and want to hang out there so we buy less park days
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Old 06-11-2014, 07:18 AM   #20
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Originally Posted by Dean View Post
Thanks for adding more details. I'm more convinced now that you need to spend time getting to know the system prior to any purchase and that you should rent at least once even then.
I got the same thing from that.

Do rent. Find out what this is like as close to "owning" as you can.
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Old 06-11-2014, 09:01 AM   #21
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I have one question are you buying resale or direct. I see you are purchasing over 200 points, so I assume resale which will really save you a ton of money. But if you are going direct your guide can secure the reservation for you, as long as you are a first time buyer even if it shows no availability.


Quote:
Originally Posted by MadHookUp View Post
I could have given more details, but I didnt want to rant too much. I have two siblings that dont have much money. My parents are retired and dont spend anything. And my financial situation is secure.

My parents are paying for the entire vacation for everyone in our family. Their original plan was to just pay for the whole family to do a Disney cruise. When looking at departure and return dates we saw that it would be possible to squeeze a 5 night WDW trip in with the kids only missing a single week of school. My parents were aware that my wife and I were planning on getting a time share, at which point I offered to use a good chunk of our points to accommodate everyone at my annual dues cost, which would be around $5. For my parents to be able to manage the entire cost of this trip, the time share is essential. You would think my siblings and I would buck up money to make this all possible, but I will spare you my family drama :P.

I talked to my wife since creating this thread and we both appreciate the advice given. We were both more than happy to stay at Saratoga Springs, we just got our hopes up to be near the Magic Kingdom for our first couple visits.

To address some people's comments...

1.) We don't require a loan for our time share purchase, and after doing the math, also came to the conclusion that it would be possible to recoup our upfront cost in 7-10 years.

2.) My wife and I booked our last two trips from deals we found on a certain travel website(Dont want to violate any rules). For example we went to China for 7 nights, airfare/hotel/breakfast included for $799 a person. Ever since then we pretty much won't take a vacation outside of deals we find from there. So for that reason, my wife really wants to get a DVC membership. She doesn't think we will ever travel to Disney without it since we kind of became vacation deal hunters.

3.) If friends or family bailed on a disney trip, it wouldnt matter to us. We have already come to terms with the fact that 200 points is a bit on the high end for our family. If that means were are staying in a nicer room by ourselves, we'll survive ;-). I think our biggest problem is trying to figure out WHO is coming on the trip with us, not IF we can find someone.

I guess my concerns at this point are...

1.) Clearly a deluxe studio is the best bang for your point deal. With a 2 year old daughter and a 2 month old son... eventually they are going to get older. At what age do they loathe the idea of sharing a fold out couch? A 1 bedroom villa doesnt solve the problem and forces a 2 bedroom villa. But a lot of the savings goes out the door. But at that time I might have recouped my initial investment and its not something to worry about.

2.) We decided on a 200 point plan so we could take friends/family with us on trips. It also is enough points to get 2 rooms for 2 weeks in hawaii if we save/borrow all points from a 3 year span. But when bringing friends along for trips, what exactly do you charge them? My gut reaction is to charge them my annual dues. But then the reality sets in that I am buying a timeshare that my friends and family are taking much more advantage of than me. Maybe I sell them for 8 points... then I feel like I am taking advantage of them(even though mathematically I am not)... gah.

2 questions...

1.) I spoke to a DVC real estate agent, and no matter how many times it was explained, I was left confused. I know I can bank points and use them for 1 calendar year after the use year is up. And during that year I can also borrow points from the upcoming year. For example... if I have all 200 points from 2014, I could borrow my 200 points from 2016 and take a 600 point vacation in 2015. Assuming that is all correct, my agent made it seem like if I ever had to cancel or reschedule a vacation... banked/borrowed points are lost. I am not sure if she meant that the points were lost because I would run out of time to re-book with them. Or the points would be lost because of a Disney policy that banked/borrowed points are always lost on a cancellation. I couldnt find anything about it.

2.) Assuming I got 100 points from Saratoga and 100 points from the Grand Floridian... I wanted to book a 125 point week long stay at the Grand Floridian 11 months out. Would I be able to use 25 points from Saratoga to make this happen? Or would I have to book say... 5 days, then wait for the 7 month period to add 2 more?
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ART OF ANIMATION 1/21-1/22 DCL DREAM 1/22-1/26/12 & BLT 1/26-1/29/12.DCL MAGIC 6/15/12-6/17
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DCL FANTASY 01/19/13-01/26/13, WLV 8/2-8/8/13, DCL DREAM 8/8-8/11/13 BWV 10/2013 VGF 2/9-2/10/14 DISNEY MAGIC 2/10-2/14/14 DISNEY MAGIC 2/14-2/17/14, VERO BEACH 7/2-7/7/14, SSR 7/7-7/11/14 BWV 10/8-10/12/14, VGF 2/10-2/13/15 DISNEY DREAM 2/13-2/16/15


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Old 06-11-2014, 09:25 AM   #22
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Originally Posted by crisi View Post
I got the same thing from that.

Do rent. Find out what this is like as close to "owning" as you can.
Why rent when they can buy and sell SSR for almost the cost of a rental?

Owning SSR will give them the opportunity to experience DVC as a true owner. If things don't work out they can sell. If DVC works for them they can buy additional points at their favorite resort(s) or sell SSR and buy their favorite.

Bill
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Old 06-11-2014, 10:20 AM   #23
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And another add on is the passholder discount we receive right now. That can go away but its been around for years so far. Also the tiw discount plus other discounts at shops and food. Those discounts alone will make the cost of buying right now worth it as well.

Quote:
Originally Posted by disneynutz View Post
Why rent when they can buy and sell SSR for almost the cost of a rental?

Owning SSR will give them the opportunity to experience DVC as a true owner. If things don't work out they can sell. If DVC works for them they can buy additional points at their favorite resort(s) or sell SSR and buy their favorite.

Bill
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CBR-7/02, POR-5/03,DCL WONDER 5/6/04-5/9/04, CBR 5/9/04-5/16/04, CORONADO SPRINGS 4/4/05-4/9/05 (HONEYMOON), WL- 4/9/05-4/16/05(HONEYMOON), CBR-12/2/05-12/10/05, WL-3/30/06-4/6/06, DL PARADISE PIER-6/13/08-6/17/08
HHI 4/29/10-5/1/10, AKLV 05/01/10-05/08/10 (Boys first trip), SSR 12/4/10-12/10/10, WLV 4/22-4/28/11 & DCL DREAM 4/28/11-5/1/11, HHI 8/22-8/28/11
ART OF ANIMATION 1/21-1/22 DCL DREAM 1/22-1/26/12 & BLT 1/26-1/29/12.DCL MAGIC 6/15/12-6/17
DCL DREAM 8/5/12-8/10/12, BCV 10/3/12-10/9/12
DCL FANTASY 01/19/13-01/26/13, WLV 8/2-8/8/13, DCL DREAM 8/8-8/11/13 BWV 10/2013 VGF 2/9-2/10/14 DISNEY MAGIC 2/10-2/14/14 DISNEY MAGIC 2/14-2/17/14, VERO BEACH 7/2-7/7/14, SSR 7/7-7/11/14 BWV 10/8-10/12/14, VGF 2/10-2/13/15 DISNEY DREAM 2/13-2/16/15


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Old 06-11-2014, 10:35 AM   #24
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Originally Posted by MadHookUp View Post
For this large family trip to work moneywise, it would require for us to purchase a 200 or so DVC membership and sell points to my family at a rate of $5 a point. Renting points from other members would probably end up costing $10+ a point, and then this trip would probably end up being too costly for them.
HA! My family expects to go for free. When I've rented points to friends/ co-workers then I charged around $5 a point to cover the maintaince fee. That's usually a deal for them and makes me feel like Oprah giving away (or almost) a trip!
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Old 06-11-2014, 10:46 AM   #25
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728wiz - I am doing resale

Bill(disneynutz) - I am kind of thinking along the same lines as you. If for some reason it doesn't work out, I could just resell it. Looking at DVCs over the last couple months, it doesn't appear to be hard to unload Saratoga points.

I think I have been putting too much emphasis into this 2015 family vacation and it rushing me into a decision. We have been talking about getting a DVC membership for months and the hardest part was deciding the points and location. It wasnt until I offered to use the points for my whole families vacation, and the fact our travel times were the busiest 2 weeks of the year that a wrench was thrown into our plans and left me questioning everything. Even if this family vacation wasnt going to happen, my wife and I were still planning a disney vacation in December of 2015 and wanted to get a membership before hand. I was concerned that staying at Saratoga was going to result in 45 minute bus rides to everywhere, but it appears that it is usually in the 25-30 minute range which is great imo.
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Old 06-11-2014, 10:50 AM   #26
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Originally Posted by ToddyLu View Post
My advise would be to NOT purchase DVC in order to "sponsor" family trips. DVC is an expensive timeshare, especially if you do not visit Disney as often as you thought you were. Do NOT purchase DVC for your children, purchase it for yourself and share it with them. If you get a two bedroom and family starts dropping off before the trip you are stuck. Banking and borrowing points comes with rules. The safest bet is to rent or stay offsite in this situation. I hope this does not come across as harsh---maybe the family you want to take cannot afford to go to Disney--meaning, meals, tickets and souvenirs as well as travel. It might put undue pressure on them to participate when they really can't and don't know how to tell you. As an aside we love our DVC and have found it worth every penny. We do not have children and can go when we want. We do not plan on canceling DVC reservations (there are rules here too) and can pick our vacation 11 months in advance. Disney is really the only vacation spot for us so that is where we choose to spend our money. You are still a young family with very young children and have oodles of time to make this decision without the "pressure" of family. We do take my parents and MIL in alternating years....I would never think of charging them for lodging. They purchase their own tickets, tansportation and food.
You are right. There us a difference between sponsoring trips and sharing vacations. And the meals, park tickets and other things really add up.
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Old 06-11-2014, 11:28 AM   #27
disneynutz


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728wiz - I am doing resale

Bill(disneynutz) - I am kind of thinking along the same lines as you. If for some reason it doesn't work out, I could just resell it. Looking at DVCs over the last couple months, it doesn't appear to be hard to unload Saratoga points.

I think I have been putting too much emphasis into this 2015 family vacation and it rushing me into a decision. We have been talking about getting a DVC membership for months and the hardest part was deciding the points and location. It wasnt until I offered to use the points for my whole families vacation, and the fact our travel times were the busiest 2 weeks of the year that a wrench was thrown into our plans and left me questioning everything. Even if this family vacation wasnt going to happen, my wife and I were still planning a disney vacation in December of 2015 and wanted to get a membership before hand. I was concerned that staying at Saratoga was going to result in 45 minute bus rides to everywhere, but it appears that it is usually in the 25-30 minute range which is great imo.
You will wait 90 minutes to do a 6 minute attraction or 30 minutes for MS to answer the phone and you are worried about a bus ride?

DVC is a different animal, and you will read conflicting post on pretty much everything here on the DIS. The only way to learn about owning a DVC contract is to buy one, the only way to decide on your favorite resorts is to stay there.

Good luck and have fun.

Bill
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Old 06-11-2014, 11:39 AM   #28
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Originally Posted by disneynutz View Post
Why rent when they can buy and sell SSR for almost the cost of a rental?

Owning SSR will give them the opportunity to experience DVC as a true owner. If things don't work out they can sell. If DVC works for them they can buy additional points at their favorite resort(s) or sell SSR and buy their favorite.

Bill
Because buying will tie up a lot of cash, and if they determine DVC isn't for them, they will be out the $1000 in dues, plus the $1000 in commission, plus closing costs, functionally making the rental a better deal. And that's assuming that nothing horrible like a recession happens that drives the cost of DVC down and they can get close to the same price they buy for this year. Nor does it account for tying up $10,000 for a year, nor their time in buying.

I've said this before, but we saw a lot of people loose their shirts in 2009 and 2010, my own advice was conservative before, and has gotten much more conservative as a result.
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Old 06-11-2014, 11:47 AM   #29
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I've said this before, but we saw a lot of people loose their shirts in 2009 and 2010, my own advice was conservative before, and has gotten much more conservative as a result.
And 2011 and 2012...that's when we started adding on

OP - I hope you've researched that there's other options, such as getting a transfer, so that you don't have to lock yourself into 200pt each year and try to get others to go in with you on the trips.
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Old 06-11-2014, 11:58 AM   #30
MadHookUp
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And 2011 and 2012...that's when we started adding on

OP - I hope you've researched that there's other options, such as getting a transfer, so that you don't have to lock yourself into 200pt each year and try to get others to go in with you on the trips.
I am aware of all that stuff. We would either sell the points or bank them.
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