jandcprince said:
My family goes to Disney anually, and as the girls are now older, we hope to go two or three times a year.
I ordered the DVD from the vacation club, but it seems a little thin on details. The website also seems a bit lacking.
I have a few questions
1) If I join for the $14,000, how many points do I get.
2) Is there a list of what I can redeem these points for?
3) What are the annual dues
4) One of the local timeshares hit its members with a special assessment, is this possible with DVC.
5) Any other fine print we need to know about?
6) If we finance, what are the rates?
Thanks for any help you can give
1. Somewhere just over 150 points I would guess, depending upon what (if any) discounts are running at the time.
2. DVC doesn't publish the information to non-members on the internet, but plenty of sites make copies of the information that members can view online. One source is this page on
DVC Point Charts
3. The cost of annual dues varies depending upon which property you own an interest in. They are running somewhere around $4 per point per year (some properties are lower, some are higher) They do go up over time, but usually at or below the inflation rate.
4. DVC sets aside a good chunk of money each year to fund future maintenance, and they have definitely done lots of upgrades and/or repairs to Old Key West and Vero Beach since we first joined in 1995. If they've snuck this in as specific separate items on the dues statements, we haven't noticed.
5. You are buying an interest in a property that has an expiration date. Saratoga Springs expires on January 31,
2054.
This is true regardless of purchase date. For all other properties, the expiration date is January 31,
2042, which makes the resale value of points at the older properties lower.
6. If you have to finance for more than a year or two, DVC membership may not be the most cost effective way to finance your future vacations. When we purchased in 1995, we were living in Washington state, and the interest rate they signed us up with was some astronomical rate (somewhere north of 15% when we initially signed.)
They ended up calling us back to their office later during our visit to WDW, as they'd found out that there was a statute in Washington state limiting the rate of a mortgage to 12%. Even at that "reduced" rate, unless you pay off quickly, you're dumping way too much money into interest payments.
Since that was over 10 years ago, rates have changed, so you probably want to hear what rates current members have been paying, maybe they aren't so astronomical anymore. :lol:
That's why we have 40 info centers across WDW that say Open House everywhere.
