lilphil6487
New Member
DVC isnt really Disney's best kept secret if they advertise it everywhere. lol i laugh everytime i see one of those advertisements
Wouldn't investing your money in something like the stock market or interest bearing account be a smarter idea. For example, take the $25,000 you would spend on locking in a hotel room price, and put that amount in a cd that gives you 5% interest that would be $1250 a year, I could make a nice trip to Disney for that amount of money (Just for accomodations of course). The stock market when played right will give you an even better percentage rate a year. I think that makes more sense, I always feel better having that kind of money in my control than in someone else's (ie Disney's). Don't forget the maintance fees of 400.00 a year that's an extra $18,400. WOW
$25,000 + $18,400= $43,400 for 46 years.
$43,400 x .05 = $2170.00 for 46 years = $99,820.00 is what you lose in interest over 46 years. :hurl:
I am not a DVC member and it's late here in the East, my numbers could be off but you get my drift. Feel free to correct my math or estimates. :wave:
Investing the money used for DVC to get $100,000, or having an annual or twice-annual trip to WDW? Is there even a choice? Sorry, but you can't put a price on memories, or seeing the reaction my kids have to Mickey, or Buzz, or the monorail. Those things are worth far more than the price of DVC.
DVC isnt really Disney's best kept secret if they advertise it everywhere. lol i laugh everytime i see one of those advertisements
I've no feeling either way on the timeshare, but I really, really, really, really, really HATE those DVC Booths every time I turn around.
Nothing like spoiling the magic with some good old fashioned marketing....
Again, maybe some people buy it because they want it or feel its a value to them personally not financially. Thats why we did, I loved the idea and once I knew I liked it the cost didnt matter to me. We were very very fortunate enough to not have to worry about money, we (Im sure as well as others) have invested in the past and can buy the dvc without having to worry if the investment is a good one. You could show me every spreadsheet in the world, the thing is is I bought it for my wife and I not because someone can prove it doesnt make money. You can't put a price on enjoyment. One thing I do know is you don't buy a vacation plan as an investment to make money you buy it as an investment in enjoyment. And what the thread was originally about, the kiosks and advertisng dont bother us at all I have never been approached or stopped by a DVC salesperson in the resorts or parks. To me it seems they are there if you need questions answered not to bother you. Has anyone else ever been approached by them, Im curious if we were just lucky or if they do hard type sales tactics?
Good first post. Welcome to the boards!We bought into 150 points in 2001 while we visited WDW using an RCI timeshare off-property. I quickly realizied the value in a vacation of just using Disney transportation etc. I HATED driving to and parking in WDW - totally took away from the magic of staying on-site. We ended up purchasinf DVC more as an investment in ensuring that we would create a family that would continue to return to WDW, on property and create those memories we could remember as we all grew up together. Today, I have 2 boys, aged 3 and 1 and during our next trip in November, will be 4 and 2 - I can honestly say that if I didn't make that DVC investment, I wouldn't be planning these trips every year because I'm sure the money could be allocated elsewhere- since we've got DVC- the annual trip is a given that we can all look forward to. In 2003, after my first son was born, we added points so we now have 210. No regrets, just optimism and anxiousness to get through the next 10 years of family memories at WDW. That return outweighs any stock, mutual fund, ETF, REIT, etc. etc..
Right, nothing like the charming subtlety of the eleventy-seven hundred souveneir shops/stands to restore honor & integrity to the spirit of Marketing. :lol:
Not have to pay for accomodations? Come on now. That's just plain false. I'm all for DVC, too, but let's not call it something it isn't.
You know, there are a lot of people who go stay for a week on property and still pay less than ANY DVC owner's dues for one year. It's called a Value Resort.
I understand it's great to have the (arguably) nicer accomodations for less money (eventually less money...let's not forget the initial MINIMUM approx. $15,000 buy in for 150 points, which will only get you a studio on any decent week), but you can definitely still do WDW cheaper than DVC, which is FAR from "free accomodations."
You're right about that, Also, I have friends who belong to the DVC who have had great difficulty booking their trips...every year, and they call on the frist day they are allowed to call to book for that year. I paid $4500 last year for a wek in the Beach club WITH my tickets and the disney dining. For what I would need for my group size it woul dbe 400 points (about 40K) which is 8-10 7 day trips WITH tickets and Dinsey Dining for my crew). Also, don't forget about the annual "dues"..they're bound to shoot up a lot in the future. That fee will continue to rise and will probably be used to make up for any loss that the discount price that DVC "owners" (which you really aren't..you don't own the property at all, only the rights to use it for X number of days per year) pay brings the company.
I've also heard a lot of complaints about the cleanliness and maintenance of the rooms (you only get maid service once every 3 days).
I was gong to buy into Saratoga Springs (didn't like it at all) and then looked into buying points for the Beach Club as a resale, but I ended up taking $ 6100 of my deposit money and bought 1.5 acres of land about 30 minutes from Disney instead.
Most real estate people will tell you that timeshares are usually not worth the money and they are defintely NOT investments. What also bugs me is not only is the DVC timeshare advertisments EVERYWHERE around the parks and outside areas, BUT if you let one of timeshare sales reps now that you are interested they really hammer away at you.
What I would like to see is for the company to start doing something again for their shareholders (I'm one) like the old Disney Club. My dad worked for GAF when they made motion picture film for Disney and when GAF cameras were sold in the park. We used to get 1/2 priced rooms and tickets. I stayed at the Contemporary for a week every year from 1971-1980 and it was cheaper than to go to our local seaside resort here in NJ.
You're right about that, Also, I have friends who belong to the DVC who have had great difficulty booking their trips...every year, and they call on the frist day they are allowed to call to book for that year. I paid $4500 last year for a wek in the Beach club WITH my tickets and the disney dining. For what I would need for my group size it woul dbe 400 points (about 40K) which is 8-10 7 day trips WITH tickets and Dinsey Dining for my crew). Also, don't forget about the annual "dues"..they're bound to shoot up a lot in the future. That fee will continue to rise and will probably be used to make up for any loss that the discount price that DVC "owners" (which you really aren't..you don't own the property at all, only the rights to use it for X number of days per year) pay brings the company.
I've also heard a lot of complaints about the cleanliness and maintenance of the rooms (you only get maid service once every 3 days).
I was gong to buy into Saratoga Springs (didn't like it at all) and then looked into buying points for the Beach Club as a resale, but I ended up taking $ 6100 of my deposit money and bought 1.5 acres of land about 30 minutes from Disney instead.
Most real estate people will tell you that timeshares are usually not worth the money and they are defintely NOT investments. What also bugs me is not only is the DVC timeshare advertisments EVERYWHERE around the parks and outside areas, BUT if you let one of timeshare sales reps now that you are interested they really hammer away at you.
What I would like to see is for the company to start doing something again for their shareholders (I'm one) like the old Disney Club. My dad worked for GAF when they made motion picture film for Disney and when GAF cameras were sold in the park. We used to get 1/2 priced rooms and tickets. I stayed at the Contemporary for a week every year from 1971-1980 and it was cheaper than to go to our local seaside resort here in NJ.
NO ONE EVER ANSWERS THIS QUESTION, HAS ANYONE EVER BEEN APPROACHED BY ANY OF THE PEOPLE IN THE KIOSKS ? IN OVER 10 TRIPS I HAVE NEVER BEEN APPROACHED.
I never thought about it before, but I don't think we've ever been approached by any of the people in the kiosks either. Good point!
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