Casper Gutman
Well-Known Member
Considering what it’s done to the resorts, no amount of discounts would have made it a wise investment. That was also when room prices in general were broadly reasonable.
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
Rumor Frontierland Shootin' arcade to close and replaced with DVC Member lounge
- Thread starter wdwmagic
- Start date
Brian
Well-Known Member
If someone bought Old Key West during its initial offering, they would be at under $50 per point. For $5,000 plus some fees and taxes, they'd have 50 years of vacations.
I think that's a good investment. Certainly much harder to justify now at >$200 per point.
SaucyBoy
Well-Known Member
- In the Parks
- No
You're bitter lol. We deserve to be treated as the cream of the crop and should have the red carpet rolled out for us every time we set foot on property. If that means some "poor" family doesn't get an exclusive lounge, so be it. This "attraction" has always been a huge waste of space, so good riddance. Keep seething.
DVC was the best investment we've ever made and considering we go 2-3 times a year it was "paid off" in no time. It's certainly one of the best timeshares out there in terms of quality accommodations and flexibility of visiting compared to the timeshare my grandparents own, which is extremely limiting.
What if I told you there are rumors that regular resort guests are being contacted by DVC representatives prior to their check-in date, attempting to sell them on DVC? Not something I've confirmed personally, so grain of salt and all.
nickys
Premium Member
The discounts today have cut that by 20% for a new buyer of 150 points at OKW. That is a pretty big discount - and an interesting move given it has over 30 years left.
Tha Realest
Well-Known Member
How much would that lump sum investment have earned in a decently performing investment account over that time?
So it didn't make sense for a family of 6 to buy into DVC in the mid-2000's? Because paying cash for 2 standard rooms every time they'd go was a better deal?
Seriously. Stop throwing your personal grievances against DVC onto everyone who bought it. No one bought it as an investment (and if they did, that was their own stupidity). It was positioned, quite correctly, as 'paying now for deluxe rooms into the future'. The value has dropped as they have jacked prices up through the roof, but those who bought in in the first 15 years of its existence more than got their money's worth out of it.
Brian
Well-Known Member
There's too many variables on either side to calculate. What I can say is that if you had a young family who enjoys going to Disney each year or more, DVC was an excellent investment.
Could you have put that money into just the right security at just the right time, made a fortune and paid cash at the Four Seasons twice a year? Sure. But most DVC buyers don't want to mess around with things like that. It offers convenience and simplicity, and back in the 90s, and even early 2000s, was an excellent value.
Anyway, please stop the "Is DVC worth it?" discussion. It's neither here nor there, and one user just had to use their personal grievances to get people off on that tangent.
This is not about the loss of some mega-popular attraction. It's the loss of yet another detail. Details matter. But Disney and TDO don't care. That is what should be discussed.
This is not about the loss of some mega-popular attraction. It's the loss of yet another detail. Details matter. But Disney and TDO don't care. That is what should be discussed.
Casper Gutman
Well-Known Member
You see why “guaranteeing payment now for a resort visit in the future” provides an awful incentive for a company, right?So it didn't make sense for a family of 6 to buy into DVC in the mid-2000's? Because paying cash for 2 standard rooms every time they'd go was a better deal?
Seriously. Stop throwing your personal grievances against DVC onto everyone who bought it. No one bought it as an investment (and if they did, that was their own stupidity). It was positioned, quite correctly, as 'paying now for deluxe rooms into the future'. The value has dropped as they have jacked prices up through the roof, but those who bought in in the first 15 years of its existence more than got their money's worth out of it.
bmr1591
Well-Known Member
A Bass Pro shooting gallery is not 'the Disney difference'.
Dranth
Well-Known Member
No, it isn't and you can literally make that same ridiculous claim with just about anything.
Last edited:
wdwgreek
Well-Known Member
I'd hardly consider the themed, detailed interactive shooting gallery the same as a bass pro shooting gallery. Fox Noltes recent book had a fantastic chapter on the shoot gallery history.
Details do matter. The overall experience is greater than the sum of its parts. Remove the details and the overall experience suffers. But that doesn't matter, I guess I'll just go to Bass Pro Shops to get that experience now, right?
tissandtully
Well-Known Member
Yeah our guide (this was more than 10 years ago) told us the person who came up with the free APs for DVC when it first started got fired lol, clearly too good of a deal
mightynine
Well-Known Member
wdwfan22
Well-Known Member
It's not a rumor it's true.
Casper Gutman
Well-Known Member
Tell you what, folks who want to invest in DVC can invest in DVC and folks who want to grumble about it online can grumble about it online.
tissandtully
Well-Known Member
Yeah and they get free LL or something if they go check out a model unit, but they aren't forced to do that and they aren't heavily pressured to buy anything. Unless that's changed, it was the most casual thing more than 10 years ago. I'll admit I haven't done any of the sales stuff recently, we just get the rare phone call from the same guide we had when we bought.
johnparkhopper
Member
Disney just keeps adding to my list of reasons not to go anymore.