Yes, they will always be there but they are not immune to inflation.
Neither are DVC dues.
Yes, they will always be there but they are not immune to inflation.
Please don't take this the wrong way, but it seems that you knew before creating this thread that DVC wouldn't work for you and you are just trying to prove that it doesn't. I know you have posed the question before, and always come to the same conclusion. There is no problem in the way you vacation now, and like most anyone will tell you DVC is not for everyone. I feel that it works for me, and others feel that it won't work for them. If there comes a time you think it works for you, then pull the trigger then.
I just can't understand why it works so well for some, but not for us.
This is it exactly. We were in the same boat when we first looked at DVC 9-10 years ago. It also did not help that we do many short trips per year that always include a weekend stay. The numbers will never add up when you are not staying deluxe and are pretty much forced to book a minimum of a 1 bed room. We were told that almost verbatim by the DVC sales agent- You're a family of 5
- You don't mind using moderate resort level accommodations
These 2 points work against you and keep the math from working out for you.
You also see the discounts such as AAA vs rack rate and figure that in your comparison. If you were able to do more apples to apples comparisons room-wise, and then factored in the long term value of DVC, you would see that the discount over the long term for DVC would be approximately 66-72% over the long term vs rack rate. (I've done the math many times). Even if Disney offered AAA rate each and every time, it would never approach that level of discount.
Not at all. I'm always hoping someone can convince me there's a way to do it that WILL make sense. I hate spending $5,000 a year on resort reservations. And I've saved up enough for the initial purchase of DVC, but wouldn't be able to buy as many points as I would need.
It's actually kind of the opposite. I want someone to show me that I'm missing something just so I can justify taking the plunge to myself. I want to be a DVC member. I just can't understand why it works so well for some, but not for us.
Captainkidd, perhaps you should rent points for a future trip to see if the "vibe" you get from staying in a 1BR is something you would like to repeat as a DVC owner.
Neither are DVC dues.
However your dues cannot arbitrarily rise because DVC wants to make more money.
I'm actually doing that in February at WL. I've rented twice before, but both times were in Studios.
I think another thing that is holding me back right now is, my wife and I are going to try for another baby (our 4th). Besides the accomidation issue, it would tie us up financially to buy in DVC for quite some time, and it'd be nice to know, God forbid we lose a job or something, that we're not tied down to a major expense.
We're paying $4,500 with a AAA rate. AAA rates will ALWAYS be available.
Disney will never phase room discounts out completely. They can't. There will always be AAA discounts, and I can not see them taking away AP room discounts.
Did you pay for DVC up front?
Yes, in two blocks. Started with 160 initial, and added 200 shortly after. While we know it doesn't work for everyone, it definitely save us money.
Just to clarify a point a lot of people seem to miss.
DVC dues are not set at some arbitrary amount. Nor are they a way for DVC (or by extension Disney as whole) to make money.
By law, the dues can only cover the operating costs of the resort you own at. Those costs are things like housekeeping, landscaping, maintainance, etc. There is also a portion set aside (again, by law) for long term capital projects - a new roof, parking lot repaving, etc.
Your dues do NOT go towards the operating costs of the DVC company (the sales kiosks, sales agent salary, free ice cream, shuttle vans, etc). That comes out of the profit they make on the initial sale.
Your dues can also only go up a certain amount each year. There is a cap. DVC management must plan for furture capital maintainance and for emergencies as well. There is always the chance for a special assesment (for say hurricane damage) but that must follow a legal process.
Sure your dues will go up with inflation - salaries go up, supplies go up, taxes go up, etc. However your dues cannot arbitraraly rise because DVC wants to make more money.
Just something to remember.
-dave
Exactly what I wanted to word but did not have the time. I highly doubt a Vero Beach style even will occur at a WDW Resort any time soon. From my research it appears that event was a perfect storm of sorts for the AD to jump through the roof.
Maybe that's the issue for us. None of that stuff is important. The kitchen, the huge space. I mean, we like staying at the Polynesian and the large rooms are nice, but given that we'd be just as content in a standard room at the WL (344 sq ft), I think we'd make do in Moderate. Of course, only Riverside would work right now, as there are 5 of us. However, that is only for the next 7 years, then our oldest will be off to college or working and not wanting to vacation with us anyway.
Its just how you decide you wnat to vacation
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