My wife asked me the other day about buying into DVC. We may be coming into a small sum of money, nothing great. I have toyed with it, but until the mortgage is paid way down, I wouldn't. Then, I start weighing the price to purchase and the maintenance. Running numbers at a high level, I can't compute a reason to buy.
We rented a 1BR unit at BWV for $1,200 for 7 nights in early February. It was 255 points at $0.060735 per point or ~$1,550 for the year. We just booked a room at SSR resort for a 1BR unit for $1,300. Maintenance fees for 241 points is ~$1,250. In this case, it is $50 more than the maintenance fees. When I figure these numbers out for what people rent them for, I can't see a reason to spend $20k -$25k to buy 250 points.
We may not get the resort we want. We are getting them for slightly more than Value resorts for the same time period. I just can't see a reason buying into it.
We rented a 1BR unit at BWV for $1,200 for 7 nights in early February. It was 255 points at $0.060735 per point or ~$1,550 for the year. We just booked a room at SSR resort for a 1BR unit for $1,300. Maintenance fees for 241 points is ~$1,250. In this case, it is $50 more than the maintenance fees. When I figure these numbers out for what people rent them for, I can't see a reason to spend $20k -$25k to buy 250 points.
We may not get the resort we want. We are getting them for slightly more than Value resorts for the same time period. I just can't see a reason buying into it.