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Waylon Foster
Waylon Foster

Should I Buy Disney Vacation Club



Currently at the time of this post to purchase a Disney Vacation Club costs $188 a point. That is the total cost for the vacation club with the exception of the annual dues. These points typically last for 50 years. If you bought at the new Disney Riviera resort, your points would end in 2070




should i buy disney vacation club


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Now, if you finance your vacation club it will be more. You are looking at $7.76 per point + 8.31 in dues = $16.07So, a one week stay at one of these Deluxe Studios would end up costing you = 120 points * $16.07 = $1,928.40 or $275.51 per night including all taxes and fees.


You can resell your Disney Vacation Club, however, if you plan on getting rid of it after a few years, you will probably find yourself selling for less than you bought. Now, if you wait longer 5-10 years, then the price will have most likely gone up. I bought our first Vacation Club for $65 a point and it now resells for $120 a point and another one I bought at $85 resells for $140 a point. If you keep a vacation club for more than 10 years you are likely to sell it for your purchase price or more, which means you only paid annual dues for all those amazing vacations.


DVC is one of the best timeshare clubs in the world. Unlike traditional timeshares, where you buy into a single property, vacation at the same place, and have locked-in weeks each year, DVC offers so much flexibility.


Most of the vacation club resorts offer wonderful amenities ideal for families. From kitchens or kitchenettes to laundry (in the unit or in the hotel), plates, cups, utensils, microwaves, and dishwashers, it makes your stay comfortable and even more affordable.


And while you can use it for non-Disney vacations, the Disney Vacation Club Resorts are the best use of your Vacation Points. So if you don't plan to vacation at Disney often, it may not be as beneficial to you. The club cost is why I wanted to write this post and help you decide if it is right for your family's needs.


But if you're not going to take a regular family vacation, the membership resort savings may not be worth the price you pay for the club membership. So just keep that in mind. If you take vacations to a Disney property often, then this vacation membership may be perfect for you.


With a traditional timeshare, you pay annual maintenance fees and can visit at preset times for one or two weeks each year. While with a vacation club, you pay a membership fee upfront to join, plus closing costs and then annual dues each year thereafter.


In its simplest form, the Disney Vacation club is a deeded timeshare program that allows you to buy a real-estate interest at a Disney deluxe resort. The program works by buying vacation points that you exchange for nights at a Disney Vacation Club resort. The amount of points you buy is up to you and you decide how and where you want to use them.


For example, you could buy 150 vacation club points at the Grand Floridian Resort and use those points to take an annual Vacation to this resort. So, one way to think of this is that you're prepaying your Disney vacation accommodations for the next 20, 30 or more years. What's more, once you own at one resort, you own at all of them! So, you could use some points to stay at the Grand Floridian and some for a paradise vacation at the Aulani resort in Hawaii.


When Disney Vacation Club opened its first property in the early 1990s, Disney enthusiasts flocked to the resort to purchase a membership to DVC for a chance to be part of the ultimate vacation ownership club for Disney fans. But as with any type of large purchase, some owners eventually need to sell their contracts for various reasons, which created a secondary market that provides considerable cost-savings for resale contract buyers.


Cindy Leichner: Owners of 320 points at the Grand Californian since 2009, Cindy split her points into three smaller point contracts if she wasn't keen on the DVC experience. As they usually book two-bedroom Villas because they vacation with their adult children and friends. Add-on-itis hit shortly after, and the family bought another 200 points at the Grand Cal to stay for 2-3 long weekends per year. As they got into runDisney events, they realized that they would need more points to stay for all the run weekends at Disneyland, so we purchased another contract! After a trip to Waikiki for a wedding and lunch at Aulani, we had to have some Aulani points too! As Cindy's family has split all the purchases up, they now have 22 separate contracts over four-member IDs!!! Most are in one use year, but they purchased an October resale contract when RunDisney moved the Tinkerbell race to May. The considerable amount of points even allowed them to take 23 family members to Aulani in 2018, and they are hoping to repeat the trip this Thanksgiving 2021 if all goes well! They are now part of the 2000 points club because, for them, vacationing with friends and family is what matters most!


As a DVC Member myself I am always trying to stay in touch with all the available discounts offered to members. A quick glance at the Member Discounts page through disneyvacationclub.com will show you that there is a lot of opportunity to save! And while some of the bigger savings that we look for are in the Annual Passes, are there any DVC Member Discount Tickets?


The Disney Vacation Club (DVC) is a vacation timeshare program owned and operated by Disney Vacation Development, Inc., a subsidiary of Disney Signature Experiences, a division of Disney Parks, Experiences and Products, a segment of The Walt Disney Company. It allows buying a real estate interest in a DVC resort via a flexible points-based membership system. There are an estimated 220,000 club members.[3]


1) Do not look at them as an investment or money making enterprise. Although the sales team will tell you about how you can sell and rent your points and it is probably technically possible to make money, that is only going to happen if your willing to turn it into a part (possibly full) time job of managing it. If you are going to do one of these clubs (Disney or otherwise) do it because you are committed to the idea of taking regular vacations and they are way of making it easier and cheaper over the long term.


2) Do not buy from the club owner. These plans do not appreciate in value, and in fact depreciate faster than a new car driven off the lot. Do your research and learn how to buy in the secondary market (basically Ebay). You will literally pay pennies on the dollar and save tens of thousands of dollars. Talk to anyone participates in vacation clubs/timeshares and they will all tell you to buy resell. The only ones who won't are the club owners.


I own the HGVC timeshare. I bought cheaply ten years ago, but the maintenance fees (includes club dues and taxes too) increased 60% since my purchase. It went from low $600 to just shy of $1000. From my own calculations, it took 10 years to breakeven. My plan is a 2 bedroom on a moderate season and alternative years (5000 points on alternative years). A 2 bedroom suite is worth approximately $300 to $500 a day or $2100 to $3500 for a 7 day (1 week) stay. After staying in 1 or 2 bedroom suites, you don't want to stay in cheap studio sized hotel rooms anymore for well planned vacations. 041b061a72


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