DVC members who bought directly many years ago or bought resale recently still achieve tremendous savings if they fit certain profiles. The first requirement being that they must want to stay onsite at WDW Deluxe Resorts or, in some cases, Moderate Resorts. The second being that they must not finance or finance only for short periods. Otherwise, DVC doesn't make much sense
financially. (There are non-financial reasons to buy DVC.)
Returning to the topic of this thread, the latest DVC program really is targeted at getting DVC members to spend even more; it is
not designed to save money. A "discount" on
insanely overpriced is still
stupidly overpriced.
The best perk offered with this program is the discount on the PAP, which is valuable
only if a DVC member intends to go to the water parks or DisneyQuest. Essentially, with the discount, the PAP is the price of a regular AP plus $20 ($484 vs. $464).
So, if you want to visit WDW's water parks and plan to do 2 separate WDW vacations within 12 months, it is a savings. If you had no intention of going to the water parks or vacation only once per year, then the PAP is a waste of money.
On other sites, there was genuine hope that Disney was going to offer discounts on the regular AP or even Magic Your Way tickets. If this happened, then there would be cause for true celebration among DVC members. As it is, even the PAP discount is a way to try to get DVC members to spend more than they otherwise might.
That's why I find the current perks so insulting. Disney is not saying they want to offer genuine discounts. Instead, Disney is trying to get DVC members to spend more than they otherwise might have intended by offering "discounts" on grossly overpriced merchandise. It's no different than the clothing store that raises prices 50% and then advertises a 40% off sale.
Particularly with the PAP discount, Disney simply is offering DVC members the same discount that it already offers to everyone with its regular MYW ticket. I'll explain.
Whether it's a 2-day or 10-day MYW hopper ticket, adding the Water Park & More option costs $25.
Low and behold, the discount offered on the PAP equates to adding the Water Park & More option for $20.
As they have been doing for years, Disney continues to practically give away the water park option.
Anyone who thinks the PAP discount is something special simply isn't paying attention to WDW's current pricing structure.