Consumption and Real Estate
Should I join the Disney Vacation Club?
Question : Should I join the Disney Vacation Club?
My husband and I used to go to Disney every summer. We have often tried looking in to buying a Disney timeshare, but I find that even Disney’s CD and booklet do not give clear information about it. I’m not sure if financially it is worth it, considering the different fees. Can anyone share their personal experiences with the DVC? Is it worth the money? Or is it a huge financial drain? Also, if I do buy, should I buy a resale or purchase through Disney?
disney vacation club resale
Best answer:
Answer by querry
If you have a substantial income, this may be something you can fit into your budget -
but it is a profit making business for Disney.
It is more cost effective to research the very good deals that are available – they are offered to keep people coming during lower traffic times of the year.
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#2 written by Orlando Cab Co. - OrlandoTG.com 1 year ago
If you believe that you will prefer vacations in a timeshare over motel or hotel rooms, then this may be a good option for you. Once you pay for the timeshare, you can stay during your weeks for free each year. An annual maintenance fee is charged to pay for upkeep of the property. If you stay in upscale accommodations , the fee will be considerably less than hotel costs. If you stay in low end establishments, then the fee will be more than your vacations would cost without the timeshare.
You really need to buy the travel club option to get maximum use from your timeshare unless you plan on only vacationing at the same place for the next 20 or so years. Don’t buy a timeshare if you haven’t purchased a house or property to build on at retirement. You need to take care of permanent living quarters before committing to tens of thousands of dollars for a good timeshare.
Buy a timeshare when you are sure that the annual fees along with the payments are not going to sink your financial ship. The argument here is that even if these costs are only equal to your vacation costs, you have to pay them, but you don’t have to take a big vacation is money is tight. In fact, if you can’t pay cash or pay off the property within a couple of years, don’t buy it. The risk for buying an optional purchase is too great.
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i found the ‘points” confusing–also 800 yr for maintenence was too expensive—-u can get one in the area for less—-but whatever u choose is a tax write off—talk to your accountant~~