You are so right! Fellow DVC owner here, and you are sooooo right. The rooms are the rooms, but the extra $$ for me is for the location, amenities, and the well-trained staff. The amazing seasonal decor, the characters wandering around taking pictures with guests, the pool games, the little extras from the community centers, and the flexibility to stay at different types of resorts. I go knowing that everything at Disney is a stage on which staff performs, so the fake rolex feeling can only be expected. At Epcot, you're not really in France or China or Norway. But I love it.
Hey! 👋 You know, I think there are a lot of things about Disney Resorts and staying on property in general that people overlook, especially people who haven't had the opportunity to travel elsewhere and fail miserablly [like I have 😳]. Things like safety, free transportation, CLEAN transportation, helpful staff [which you mentioned, but is worth saying again] and the ability to handle pretty much any situation without that fear of not knowing what to do. . . these are the things that people take forgranted. You really don't have to worry about it when you're inside "the bubble" and that makes for a much more pleasent vacation/travel experience than I think people realize. 😊 Thanks for you comment!
@@blaster-zy7xx Yes. DVC Members are not guaranteed a room reservation. It’s based on availability. Members can book 11 months out to reserve at their Home resort. Book early. You won’t find rooms within 2 months (or less) unless someone cancels. If your looking for 1 night. You may get lucky.
I have been a DVC member since 1998. My home resort is the Boardwalk. I paid $10k for my membership and it paid for itself the first time I used it. As someone from the UK I typically stay for 3 weeks every year. There is no way I could afford to stay at Disney if I didn’t have DVC. I love my DVC membership and there are obvious perks in addition to the resort stays such as free parking at the parks and discount on merch etc. I know that DVC is much more expensive now than it was when I purchased in 1998 - and the exchange rate was really good at that time so was only £6,000, but I think if you can afford it, it’s definitely worth it.
When we bought into DVC 20years ago, we felt the value was 100% worth it and made back our investment after staying over Christmas week. That price exceeded what our purchase was at the time. Our kids have grown up in that resort. That said, would we buy in at today's price point? Absolutely not. Perks have been eliminated, Extra fees for sues and maintence have increased, it has been oversold and often difficult to get a room at busier times. It is no longer the "best kept secret" that they sold it on. Add the insane costs of park tickets, it is not the vaule it was at the rime we bought.
There are a few things I don’t like about it. Once the time share business model went from specific weeks into the points system (appearing to give more flexibility to the customer) they could now sell more than they had capacity to serve. And it would piss me off to no end to hand over tens of thousands of dollars to be told that the time I want to go is “unavailable” .
This is why I think the resale restrictions on new resorts [currently Riviera, but I'm told it will be at upcoming properties also] are so interesting. I think it's DVC's way of trying to balance the scales after things got out of control. We'll see how it goes. . . .
That’s absolutely not how it works. They are limited to selling the amount of points required to rent every room for every night of the year. In other words, if a resort has 100 rooms and each room is worth 10 points per night, they can only sell 365,000 points (100x10x365). That is regulated under Florida timeshare law. Plus, under the law, a developer (Disney) has to hold back at least 2% of the resort in order to keep some of their skin in the game, so by law they actually “undersell” the points. Now, having a ton of members all wanting to book the same rooms at the same time of year? That’s another story.
@@RobRoyRoadie How else could a hotel sell almost every single day no matter the season or day of the week? Like this. It is still the same issue. They have your money first, then they can just not have rooms available when you want or need them. If you booked a regular hotel, you don't send your money to a hotel first, then find out if they are booked or not. Time shares are a scam even if it is run by Disney.
Disney invented the point system back in the early 90s. Once a hotel is designed, they figure out the total number of points for that hotel and they cannot sell more points. Once it is sold out, that’s it. The only way to get more points is to have someone sell their contract and then one can buy that contract (remaining time only) from DVC or the private party.
Appreciated the discussion and insight. We have also been members for a very long time. We find it to have a value for us considering when we bought and the price we bought points. We liked the flexibility of a stay shorter than a week that Disney offered and was unique in that at the time. In more recent years, we have grown concerned about Disney losing the magic at the resorts. The story telling seems to have vanished, as did the free Disney Express and the package delivery to a resort of items purchased at a park at DisneyWorld. The "theming" trend to us is de-theming - making everything look like a Marriott or a Hilton. With what has happened to the product in the last number of years - increase of point cost, loss of former amenities and story theming, we are reluctant to encourage folks to buy in. We appreciate the cast members very much and have never been disappointed with them. We are disappointed in what we see as the future for this product.
We've been going to Disney now for 50 years, grandparents lived in Cocoa Beach. We always use to stay on property but have, in the last 8 years or so, been renting houses off property. Yes, we somewhat miss the transportation etc. and with Disney dropping the "extras" of staying on property, it's just not worth it anymore. IKR, it's sad. But having a private house with a private pool, which can accommodate much larger groups, as we have upwards of 15 people per trip, is a much better experience for us. Even the cost. We just booked our next trip for April 2024, Moms 80th birthday and she goes to Disney at least 5 times per year still. Total cost for the week was $1988 for a 5 bedroom house just off property, private pool, themed rooms for the younger kids. Always have booked thru VRBO. There are many options for house rentals, many. You'd be surprised with the prices. Last year we booked a house with 12 bedrooms under $4k for the week, very nice amenities, so great deals are out there. All within 5-10 minutes of Disney off HWY 192.
this is what my family does now too. we've been going to Disney since 1978 and we were close to buying into DVC a couple times. I'm glad we didn't. We've stayed at a couple condos now through VRBO, 5 minutes from the parks. The cost is a fraction of the price of staying on property. And the full kitchen allows us to save a lot on food. Unless something drastically changes, I won't stay on property again or consider buying DVC.
100% agree with this approach. With your approach, you can adjust the size of your accommodation and cost based on your changing needs year to year OR decide on not going at all and do something else that year. And getting what you want is more straight forward than messing around with getting what you want within the DVC structure.
@@blaster-zy7xx Yes. We've seen some great deals on 10+ bedroom houses lately, some below $4k for a week stay. Plus all these houses have great themes and private pools.
You should take into account the ones on the Monorail system. This is a HUGE benefit and they are generally (Grand Floridian) more upscale. Nothing in Disney will ever be cheap but I think the real loss of value is really in the way they are trimming their services back, or in making you pay for what was free before.
Been a member for 18 years. Stayed at the Floridian in a studio for $140 a night in dues last year - same as Hampton Inn on the interstate. That a great deal in my book. Membership has paid for itself three times over and I could sell still for what I paid on top of that. Even with rising dues, it only become a better deal each year. What’s wrong with Riviera - we have stayed twice and love it as an option. Your Beach club won’t get harder to get into at your 11-7 month home resort mark because of more and more DVC members. That will only affect the 7 month and less mark, but more members only come on board with more resorts for all of us to choose from. Just a few thoughts/counter points to consider
Yes! Even with the overall price increases over the years, when you break it down the cost is VERY reasonable and comparable to places like Hampton Inn. . . . just like you said. It's a hell of a deal, especially if you have a sense of how much it costs to stay elsewhere. We spent a lot of time at Riviera [wandering around, eating] and have stayed there once thus far. We do have plans to stay there again this year; this time not in a Tower Studio [which was interesting and had an amazing view, but wasn't worth the points in our opinion]. It's a nice enough hotel, especially if we're comparing it to other hotels, but lacks when we stack it up to other Disney Deluxe/DVC resorts. For example, we'd like to see theming that extends a bit further beyond the artwork on the walls. There are some other little things like that, which we've talked about at length in the past when touring around the resort, but our biggest issue with Riviera is the location. Being built at Caribbean Beach plops it down right at a Moderate Resort and with the main draw [at least that most people bring up as a "slam dunk" for the resort] being the Skyliner, which is also a feature of Value and Moderate Resorts. . . . I struggle to see what Riviera offers [aside from DVC Style rooms, though AOA has some great rooms that are larger] that the others don't. Not to mention, after staying at Coronado Springs and seeing the Grand Destino Tower. . . . I've got a lot of other thoughts rolling around my head about Riviera and how it just feels a bit rushed. More on that some other time. 😅
Very much agree that there is no set answer and that each situation dictates the benefits. In our case we are absolutely a Disney family who typically does longer (10+ nights) Disney trips either every year or two, alternating between DL and WDW. We have reached the point where we have frequently had to get two hotel rooms and will soon need three. Thus, we first bought in 2022 with the intent of staying in 2-bedroom villas. Quite frankly we should have done this years ago.
Thanks for being honest about one of the most controversial topics in WDW. I too purchased in 2001, owned for a decade and sold my beach club contract. Got tired of the increasing taxes and dues, difficulty in getting rooms I wanted, and the decreased value for your investment. Most DVC owners feel that fake Rolex feeling but never admit it. If you purchased your contract and financed it, all you did was put your vacations on installment payments. What I call Disney Vacation Credit. Bottom line as you point out, it can be beneficial for certain families and certain vacation plans, but it doesn't make sense more times than it does, especially current contracts. Of course you can't express that opinion because the brain washed DVC masses will attack. 😂
Yeah. . . you know. . . I think there are a lot of people out there who really struggle with the decisions that they've made and the way that they deal with that is to try and force others to see things the way they do by bullying them into submission. [I was looking for another word, but "bullying" seems to be about as good as I can pull off at the moment.] It honestly makes me a bit sad for them 'cause they haven't arrived at a point in their life where they can accept things for what they are and move forward. At the end of the day though, facts are facts. As for the brain washed DVC masses? They can hit me with their best shot! 😉 I'm not easily "shushed". Thanks again for stopping by! 😄
Yes!! We rent points as well and think its the best of both worlds here...no contracts or fees, and the ability to buy discounted rates (compared to rack rates) whenever we want to.
Same as you, one year we went and stayed in a Deluxe resort, the vaca was 8k. I remembered the DVC kiosk and for that price I'd be halfway into a contract. So the math works out for our family and it's nice to have the extra bedroom and bathroom.
I purchased the riviera site unseen in 2019 when they went on sale. I don't agree with your view of the Riviera but you're spot on with everything else. Each family is different and uses their vacation time differently. My purchase of my riviera contract was strictly a place to sleep at night with the 50-year length of contract. I do think it is one of the best resorts for food, but the location for a deluxe resort is not an ideal location. But your breakdown is spot on.
Owned Disney purchased DVC points and eventually sold them because I was able to book DVC resorts with RCI exchanges. That was the most ridiculous situation ever.
As a FORMER self admitted Disney Freak I bought DVC so long a go I am a "Gray" card member at Old Key West (driving 1,900 miles each way per visit) , and like pokemon after bought my first I kept buying... and then I saw Disney start to gut the DVC member perks so bad that what I use to get for free I then had to buy an annual pass for. Then Bob Iger and Bob Chapek started their thing where I realized Disney was no longer what I loved. I stayed the same but Disney changed. We were in what was pointed out by other TH-cam channels as a toxic relationship because of their actions. I now renting out my points to others to use, after I put aside my dues (plus another 30% in case of another outlandish increase) ... hind sight being 20/20 if I could do it all over again I would have spent the money only to buy points at Saratoga Studios so I could at least go to Disney Springs
Been staying at different WDW resorts for years as the son of a DVC member who bought Old Key West in the 90s. The rooms at Disney World, even the nicest ones are nowhere near worth the money but they are nice, and IMO well kept. I agree with your assessment on deluxe resorts being more location based instead of room quality based. The rooms at Yacht/beach club or the Boardwalk are roughly the same as OKW but the location makes them more desirable. Riviera is a disappointing offering with mediocre theming and the new Poly building looks to be the same situation.
My wife and I bought our DVC just for stay-cation! We live in Orlando and spend 2 to 6 nights a month at Disney resorts to relax and eat at the restaurants. We have annual passes, but use them to mostly go to parks to eat. We love our DVC members just to escape!
When we first became Members we weren't local, so when we DID move down here there was a question of how much we'd enjoy our Membership now that it wasn't a "to-do" to get here. . . . and we LOVE the ability to do those short little staycations! Don't get me wrong, we love going all over the place, but it's nice to have an excuse to just check out of daily life for a couple days!
It makes sense for families wanting their children to have some privacy, and the parents. We bought when our kids turned 3, and needed to give them a bedroom on the next trip. We were spending way too much for a week, just over $8-$12k for a week of lodging in a room with 2 beds and no bedrooms. At that point, we knew we were dumb to keep paying that when a DVC members much cheaper annually. Now the kids are in high school, and it will soon be time to think about renting out the points until they take it over after college.
⁉️You don’t have to stop using your membership because your kids are grown. My husband and I have gone to Disney World many times, just us, and visit one or even no parks. Some of the resorts have restaurants and other amenities that can stand on their own, again, with no park visits. Resort hopping alone is its own adventure. You can also visit other Disney locations like Vero Beach and Adventures by Disney locations worldwide and can we talk about other international Disney parks that are on our bucket list? Using you points on a Disney Cruise is not the best use of your points IMO, but it’s still an option and there are so many adults-only areas aboard ships and on Castaway Cay. Our kids are grow too but our DVC membership is going to be our means to travel more than we ever did, just us two.
Maybe I can answer this question for you. You don't have to sell it to your children, it can be passed to them, just like other property would be. All you'd have to do [assuming you didn't do it at the time of purchase] is put them on the deed.
DVC member since 2008 (AKL). What she said! All of it. After our 4th vacation the contract paid for itself, and in regards to the yearly maintenance fees (AKA condo fees), still less than one day at a two bedroom villa. And since a DVC member (blue card) does not have to pay resort fees or parking fees, it’s an even better value. Great video!!! Thank you.
Glad you enjoyed the video. Yes! The parking fee and resort fee can sneak up on you in some other places, even when the price looks good. . . doesn't it!? And don't even get me started on some of the cleaning fees! 😳 Thanks again for your comment. 😄
*Though I'm not a DVC Member I just wanted to say we stayed 2 nights at The Swan Reserve (perfectly located between Epcot & Hollywood Studios) in a 1 bedroom suite (your choice of 2 queens or a king) with disney park view for fireworks. The Suite was so modern and beautiful. The bedroom had a tv and in the other room a beautiful pullout couch & chair with tv, in dining area a 6 person table and chairs with a 3rd tv, small fridge, sink. Really gorgeous bathroom too. This was in December 2023 for about $600 per night - could sleep 6. (There is also a 2 bedroom was about $900 per night could sleep 10 if you got 2 quees in the rooms) We had the early access to the parks (1/2 hour)and free parking at the parks by showing our card/reservation.
Hi! 👋 😄 Thanks for taking the time to comment and share some info about your room at The Swan Reserve. It's a GREAT location isn't it!? We love the EPCOT Area Resorts for that exact reason. It's unbeatble in our opinion! Not to mention all of the perks of Deluxe when staying at the Swan, Dolphin & Swan Reserve. Thanks again! Have a great rest of your day!
I would pay more to stay on property but the differential is enormous. We stayed in a 2 bedroom room at Marriott's Cypress Harbor for $205 a night in December 2023. The place is very nice. I liked having a full kitchen. The place is a timeshare but Marriott was selling rooms on their website.
This was a very well-reasoned video and points out that sometimes things aren’t always black and white - something you don’t see very often on TH-cam. Well done!
All my contacts are West Coast (GC, DL, AUL) and its a game changer that I wish we did sooner. Two out of my three contracts are resale and it doesn't bother me at all but I don't have a blue card. With my two DL resort contacts just in the last 12 rolling months, I will have gone to DL three times with trips of 3-4 days each. Look at the rack rate of any of the three DL hotels and its worth it. Also, early access to the park. Purchased items sent back to the room etc. Very worth it. Aulani paid for itself in two trips.
A DVC Member since 2004 and Beach Club home resort. I later purchased points from Saratoga Springs. We go twice a year and have found it often very easy to book the Grand Floridian (Studio) using our Saratoga Springs points! It has totally been worth the investment. One caution that I learned is that buying DVC resale is risky if you want to stay at some of the newer resorts like the Rivera - you can't use resale purchases for the newer resorts!
We are DVC members at several properties...DVC is not for everyone...we go to Hawaii and Disneyland every year...the savings are in thousands..if (1) no kids..you can use your points at off peak resorts..(2) maximize your point useuage by going to Aulani..(3) renting out points when not using it..can be used to cover your yearly dues..(4)moonlight magic...taking friends and family to a park for free with food..(5) free parking..(6) the only time share that has risen in value and if you choose to sell can get alot of money back....this is not for budget travelers..just added Disneyland Hotel to our DVC...saves us money in long run.
Absolutely! You gotta know what's right for you and your vacation habits/style. The flexibility is definitely a great perk of DVC as compared to other timeshare programs though. Like you said, the ability to rent unused points and sell for a good price. These are some of the things that, at least in my opinion, makes DVC stand out. Thanks for sharing your thoughts. 😄 P.S. We hope you enjoy Disneyland Hotel. Haven't been out that way yet, but it looks BEAUTIFUL!
Something else I thought about, based on a lot of the comments here is a good amount of members struggle to book the rooms they want and sometimes it's even at their home resort. DVC is becoming more and more involved where you can't just log on at 8AM 11 months out during certain times of the year (looking at you early December) and book exactly what you want. If you are not willing to put in the leg work and aren't willing to put in the effort to learn this complex product, it's not for you. Personally, I love doing all of this stuff, I love looking at my dashboard filled with my upcoming trips and checking availability is something I like to do in my free time while I have the TV on. DVC really favors members like myself who obsessively stalk the website because I've been able to grab Beach Club, Boardwalk studios (standard and BW view) without owning there. If you just want a simple book and forget it, DVC may not be the best option for you.
I think that a point to bring up is …. You can use the DVC points in Interval exchange. My kids are now young adults and have been able to use the points and a booking fee to several areas in the country (can go anywhere in the world). We have used resorts not at WDW resorts (Hilton Head and Vero Beach) for family get togethers. This EXTRA is a great benefit
The issue I have with DVC is that Disney is not building any new resorts for the average person, and in fact, have removed resorts (as mentioned in this video). The same goes for Disneyland, in which the only new hotel being build in decades is a DVS resort. Disney has also eliminating available room and converting them to DVC (e.g. The Grand Floridian has converted some of their inventory to DVC).
I appreciate your informative, honest and down to earth review of DVC. I can't fully trust some of these other TH-cam reviewers because they are way too hyped about everything and they don't sound realistic.
We are a Dollywood family. We nickel-and-dime to be able to go to Dollywood at least a couple times a year. We get passes (very reasonably priced) but the hotel costs are what costs us a fortune. You are looking at least $200+ per night for a roach motel and $400+ per night for a half way decent hotel. I even can’t fathom how much it costs to go to Disney.
Wow! I haven't been to Dollywood yet, but it's on our list. We hear great things and people seem to love it. It's honestly not as bad as you think. A decent hotel on WDW property starts at around $130 per night. Of course some of the on property hotels get out of control, but can be very reasonable. . . even compared to places I've stayed around the country. [Some of which were very questionable. 😬]
@@2foolishmortalssecond Dollywood family here!! It’s our “home” park and we go all the time. I definitely recommend checking it out, not NEARLY as expensive as Disney but VERY convenient, stress free and wholesome.
We went to Dollywood over Labor Day weekend, booked only two weeks prior. 4 nights at Great Smokies Lodge in a 2 bedroom, 2 weekend nights at Smokey Mountains Club Wyndham in a 1-bedroom. The cost was 153,000 Club Wyndham points, or a basic 154K contract. Resale is cheap, and the maintenance at a good location (Kauai, Big Island, Las Vegas) is about $850 - $1,100 per year. I posted the original question to 2FM, and don't normally recommend timeshares, but for $400 locations it makes sense.
@@2foolishmortalsI feel like a lot of people assume Disney is grossly overpriced on every aspect but many haven’t actually done the numbers. Disney is very overpriced but compared to your local six flags? It’s really not far off. I went on a road trip to Six Flags Great Adventure and I remember buying a 3 piece chicken tenders with fries and drink for like 16 dollars. I just remember thinking this meal cost me about the same amount as I spent on a bowl at Satul’i canteen which is FAR superior in quality. I paid 150/night for a janky red roof inn nearby. I could’ve been at an All Star resort for nearly that price. So yes, Disney is expensive but it’s really comparable to the industry average and IMO is a superior experience.
Not to mention the inflated pricing of Moderate and Deluxe hotels to begin with....but it's the price you pay for staying "in the bubble". The additional reality/complexity of resale contracts makes this conversation even more nuanced. Do you get a better "value"? I think so.... But the tradeoff there includes more restrictions and fewer "perks". You're still getting a room at a Deluxe or "Deluxe lite" resort so if semi/bi or annual trips are a reality for your family the math might math even without a discount or access to "free" perks like lounges and special events that would not be options with standard bookings. I swear, I did more math before buying our resale DVC contract than I did for my entire Masters program! Thanks for saying the things that don't often get said (out loud.)
The conversation absolutely gets more nuanced when we start to talk resale, especially with the new contracts that have resale restrictions in them. . . we'll have to get into that some other day 'cause I'm sure it too is a conversation worth having. . . . the tradeoffs though. That's probably the most important thing to wrap your head around when deciding whether or not resale is for you. At least in my opinion. If you're fine with what you don't have access to, I think that it's something worth considering.
You are correct, the rooms are not worth the price. However the location adds the value. At my age I like and need to go back to the room during park visit. No problem. I like to be close to the magic.
Time Value of Money is an important consideration for that initial buy-in. It matters. There is a cost to prepaying decades in advance. People assume just because you wouldn’t invest this money then TVM doesn’t matter. If you have a mortgage, car or student loan, or will have those in the future, then look at the interest savings you would have by using $20k or $30k to pay it down. Having said that, DVC can still make sense even after you factor buy-in cost with TVM and yearly dues.
That's a great point and one that I definitely think should be on the list of things to consider, particularly for families who have a lot of things that they are working to pay off.
Thank you, I enjoyed this discussion. I didn’t find it rambling at all, like some disgruntled viewer commented. Isn’t it funny how some people are SO sensitive about DVC?!? I bought in from the UK and will only be using it every 2-3 years and banking/borrowing. But the reality is that I’d just never spend the money on Disney hotels if it wasn’t for this option. I want to stay on property and we need two rooms - so, having a two bedroom is ideal and so much better than any moderate or deluxe regular room. Plus there is the fact that you can SELL your DVC contract down the line, which many don’t really seem to take into account. I think I may keep this for the next 15 years and then sell up. We bought resale and the savings were considerable - we also bought at the Poly and so, that’s awesome that the new hotel is going to be in the original association and we can stay there. Btw the poly is not hard to book at 11 months in my experience - i think that will only improve with the tower. But we will see!! 😊
Thanks so much for your comment and your kind words. Yeah some people. 🙄 They just want something to complain about. 🤷♀️ Absolutely! To all that you are saying. I was telling another UK DVC Member in another comment that we lived overseas for a while and DVC was so helpful during that time. . . . and YES you can absolutely sell if/when you don't want/can't manage it anymore. Tha KS again for your comment.
I was going to buy DVC but opted for club Wyndham. I gave a lot more options for less money . I have talked to some DVC members and I feel I make the right choice for my family
Wow! I loved this vid. DVC member since 2013. We agree with you. It is worth what we paid, but not tons more. We have a large family with lots of grandkids. Aulani is our resort. Never regretted the purchase, but we fill the rooms to their capacity so we get the max value out of points. We are taking all 30 of us to Aulani for 8 nights. 30 people in four 2 bedroom units. The price per person is pretty good. And it's Disney!
Thanks for sharing your experience! Yeah DVC is a great way to cut costs for larger families. We did a trip once with 15 of us between 4 families and it would never have been possible without DVC. . . for our sanity or wallets. 😆
Unusually well balanced and informative. We have a tendency to see the things we love with rose-tinted glasses, or turn on them harshly, throwing the baby out with the bathwater. The value and comparison makes total sense to me, and I appreciate an honest view of the rack rates. I saw a couple disappointed reviews of Riviera a couple weeks before leaving the original comment, so that was hilarious hearing it compared to a fake Rolex watch salesman! This is the type of video everyone on the fence about purchasing DVC need to see.
Glad you got the chance to pop in over here. I also want to say THANK again for a great question that honestly got me thinking about so much more than I expected it would. ❤️
DVC, owner here too. Really great info, very accurate, very fair. It seems there are haters or lovers and never the two shall meet in really. So thanks!! I’m a lover, but I understand the truth and reality.
It's so true. I think people forget that 2 things can be true at the same time. You can love something, but still acknowledge the realities of your situation. Obviously, that's harder to so for some than it is for others. That's why we do what we do though! Open and honest perspectives are important when doing any sort of travel and we're here to provide ours. ❤️
We’ve been DVC members since 2015 and bought into a Polynesian Resort contract in for the same reasons you bought in. Our typical visits were every other year, and we could drive there in 10-12 hours. Having the extra space and at-home type amenities like a full kitchen have spoiled us so much that we’ve yet to stay at the Polynesian which doesn’t have those accommodations, if we could even book a room there. But there are so many other fantastic resorts we’ve stayed at and really enjoyed. The new Polynesian DVC addition might change that 🤞🏽 I agree with your comment about Disney devaluing the DVC brand with their handling of the Riviera. We held our noses and bought our second contract for that resort despite the restrictions on it that don’t exist with our first contract. I think our first contract should negate many of those restrictions as far as booking stays, but we may find out otherwise if we sell or transfer it which will be many decades off, it will likely affect the new user (one of our kids) more than us. We love and use our membership almost yearly now, but as Disney is restructuring DVC contracts now, I don’t think I could 100% recommend it to friends or family.
I'll tell you what, I really liked the Poly Deluxe Studios 'cause they are massive! They aren't a 1BR though! Really looking forward to the new tower so that some more variety and room types are available at the Poly.
We WERE DVC members from 2003-2018. About 15 years. We bought into Saratoga Springs and Vero Beach when it was $98 and $109 a point. We used points once for our daughter on a Disney Cruise. We mainly ONLY used it yearly for a 1 bedroom villa at the Grand Californian for 7 days or more. For what we paid back then, it was ABSOLUTELY worth it. 1 week at the Grand in a 1 bedroom when we stayed was well over $10K so both our contracts were paid for fully in just 2, 1 week stays there.
To continue, lol, the price point today doesn't feel worth the cost. Living on the West Coast it's much more difficult to get rooms at Disneyland. Disney World, much easier, but that's a bigger expense to get to Florida. We were blue card holders as well as you called it.
The reason you became a member is also why we did. Lol it allowed us to travel with my parents and save them money so we could all travel together. We paid our loans off early and just had the annual dues to pay every year based off our home resorts we bought into.
I've heard it's a lot more difficult to use DVC in CA, but I haven't been out there as of yet. I mean, it makes sense, with the limited properties compared to WDW. 🤷♀️ The prices of contracts now though are definitely a whole different thing then back in the 90s/00s. Like I said, I'm not sure it's worth it [for us] to get another contract. . . . . they'd have to really blow us away with a new property and they're not there yet.
Great dissection of DVC, thanks! We have been DVC members for a while now... and are the people you talk about as the target audience. My rub of late has been, if you've discussed this I apologize, is having to compete with the reseller market. Travel agencies that offer up properties to non-DVC members. Do not mean that from any sort of 'elitism' perspective, but if we invested and are paying annual dues, then I would expect to have vacation options when we want them. It seems harder and harder to get a spot when we are looking... you mentioned this with your home resort. Maybe I am being a Pollyanna in a 'free market' system... curious your thoughts.
Hi! 👋 I'm sorry it's taken me a few days to get back to you. There have been so many comments coming through and it's taken me a lot more time than usually to get back to everyone. 😊 I totally understand where you're coming from and honestly I don't think that there's any sort of "elitism" in wanting to have priority access [for lack of a better term] or access at all to something you paid for over someone who didn't. . . . . and I think that the finger-waggers who are quick to call people "elitist" over speaking out about their concerns/problems/frustrations about things like this are contributing to some of the problems that we deal with when it comes to diminishing quality [with DVC and other things in life as well] . . . but I suppose that's a tangent for another day. Anyway. . . . . I've got a lot of strong opinions about this particular corner of the DVC discussion, most of them probably pretty unpopular, but the long and short of it goes something like this: I think DVC needs to put a better structure/system in place to prioritize Members who pay premiums for the properties they own; especially those Members who buy direct. [Yes, I am taking booking windows into account. In my opinion, they are not enough to alleviate this problem.] It shouldn't be the production it is to stay at a property you own. . . even if you own a popular spot. Not that I'm saying you should be able to book a super last minute trip, but I do think that you shouldn't be stressing about whether or not the dates you want [10 months out] are going to be available at your home resort when your use year rolls around. I think this is why we're seeing DVC include resale restrictions in new contracts though, which I actually think is a good thing. I'm not going to go into all the details here [goodness knows I've already written you a novel as it is], but I'd imagine this is going to balance the scales a little bit. Of course, we'll have to wait and see. I'm hopeful though! 😄
I realize not everyone plans like we do but our secret has been book 11 months out to the day. We are both in education so we are limited when we can go and have popular time (Spring break, thanksgiving, first week of June) we always go. We have never failed to secure a time we want. We did take a last minute trip at 120 days out, we accepted an open week in June at our home resort, a notoriously tricky one (they Poly) because we're off all summer. The secret to maximizing is pick your home resort carefully and plan far out--again this does jive with everyone's style. If you are the kind of person who likes to sample all the resorts, this could be very annoying. For us we exclusively stay at our home resort.
@@timothypullano1409 I think the challenge for a lot of members, myself included, is that even a that 11 month mark it can be very difficult to get into some home resorts when you want to/can travel. I know that's the issue I run into.
I just subscribed to your channel after finding it about 2 days ago. My wife and I are considering buying a DVC membership via resale. We spend enough time at Disney to make it worth it and are able to pay for the cost, minus the annual fees, up front. What's the difference between buying it from Disney vs. resale? I did the cost calculator on DVC's website, and it showed we would need more points than we were figuring, thus showing a higher cost. Between last year and this year, we've went on 2 Disney cruises, one 3 day, one 7 day, went to Disney World last year, and are going again this year in November. Could you explain why buying a DVC membership from Disney is better than buying re-sale, or why re-sale is better than direct from Disney? Thank you.
WELCOME! We are glad you found us. We have done a few videos about this that you might find helpful in answering some of your questions. The first is HERE: th-cam.com/video/iYz0tUflEc4/w-d-xo.htmlsi=4WxyII08zh6jSrRN You can also check this out: th-cam.com/video/L4q4yyP6WBY/w-d-xo.htmlsi=U60YFHlZqRwfJqFI Of course, if you have ANY questions that we didn't cover, don't hesitate to pop 'em in the comments and we will be sure to get to you. 😀 Have a great day!
as an adult i introduced hubby to this Magical Bubble and curious enough we r taking steps to visit more and more and with grandkids now - i can say this might be the way to go - we live in AZ.😊
Your explanation is spot on.. we have had DVC points since 2011 and people often ask me if it’s worth it. I always say IT DEPENDS. For us, it’s absolutely worth it. We always stay in 1 bedroom suites which we would otherwise never be able to afford. No, it’s not cheap but I’m still getting a significant discount. The numbers can be a little hard to crunch because of the variation of so many factors but as per my calculations and the way we use it, our discount is anywhere from 40 - 50% (not from rack rates - from a comparable room elsewhere). In addition the perks are great too: included parking, merch discounts, AND moonlight magic events! These after hours events are running $160 pp - we will be attending one in Epcot this week which had I purchased 5 tickets would have cost me $850. Yup, no regrets here! Now, at current prices, and if you need to finance, not sure if its worth it any longer.
Yeah, the more and more I think about potentially buying in at the new prices, the less likely I think I am to actually go through with it. It's certainly not the same as it was back in the day.
Have been a member since 1997. The other benefit that we have is staying elsewhere. We are going to be in Edinburgh this summer during the Royal Tatoo. Hotels are 700-800£\ night. We are using points anti it is more like 175 per night. Stayed in NYC at hotels for up to 750$ per night as well as Washington DC. These were equivalent to about 110$ per night. Has helped to travel to other locations. Occasionally sell my points to others and break about even for dues for the year. +/- as to worth it over the years but we have enjoyed the use of it has become more difficult to stay in Disney so not sure it’s worth buying points now though due to too many members
YES! This is another thing about DVC Membership that people don't talk about all that often, but it's worth mentioning. . . . especially for those who think that you're stuck to staying DVC only. We've stayed in some beautiful hotels we otherwise wouldn't have considered in Boston, for example, using DVC Membership. I also used my DVC Membership to stay in Tokyo a few times when I was living in Japan. It's a GREAT perk!
part of the issue is they have many large room types that get claimed a lot slower. the value studios go first, then the normal studios. now if you want a last minute trip, you have to cross your fingers that one resort has at least a one bedroom, or you'll have to debate a two bedroom versus not going to a dvc property.
This! We've run into this a few times and it's had us staying elsewhere. . . sometimes paying out of pocket rather than using our membership 'cause all that was available was a larger room.
Good video and info. I really appreciate you explained how to break down costs per point for better comparison. My only other feedback is everyone needs to really understand what they are getting when committing future income to any contract whether it be DVC, leasing a new car, or a two-year cell phone contract. That is to say, look at the percentage of future income you are locking up and for how long and really understand the value over time before making any new commits. The economy remains volatile and job security is lower. Is it worth it to you to lock in future income here? That is what you need to understand for any long-term contract, not just DVC.
Absolutely! Like with anything else, it's so important to make sure that the funds are there before making a long term committment like this. The savings might be fantastic, but if you can't swing it, it's probably not right for you. Fortunately, selling your DVC Contract off is always an option if it becomes necessary. Thanks for taking the time to share your thoughts. 😄
My partner is at WDW at the moment and is considering becoming a DVC member (Riviera, 150 points). It's a fairly costly long-term commitment but she is lucky enough to be able to afford it. As we are in the UK we are only expecting to be able to vacation every two or three years, but for her the long term optionality, the ability to stay at resorts worldwide, and the knowledge that she, and hopefully our kids and eventual grandkids will be able to enjoy the access for the length of the lease. Having never been to Disney myself I cannot comment on DVCs potential value, I guess value is different in the eye of each consumer anyway, but for what she wants, I think she's happy with buying in now.
I know this was about 2 weeks ago... but if you chose not to buy at the Riviera, the Poly is coming up soon... our primary contract is at the Poly and it's an amazing resort. may be worth considering depending on how much they are asking per point.
@@DreadPirateDuo She's already bought Riv 😄 it's fine though, she really likes it, and we've talked about wanting to do split villa stays too. Seems to be an unpopular opinion but I really like the villas at OKW. Guess I'm 30 years older on the inside than I am on the outside. We seem to prefer the more subtlety themed rooms, and give me a corner bath with a peep through to the bedroom any time 😁. Glad you enjoy the Poly though! It's great that there are lots of options for different tastes
@@blackcountrysmoggie Enjoying the purchase is the most important thing :) If you get tired of the Riviera (beautiful hotel, but sometimes a change in scenery is nice) consider Animal Kingdom Lodge (we prefer Kidani Villiage) with a Savannah view… it’s a nice change of pace to get up, sit on the balcony, and watch the animals in the morning. Welcome home ;)
That's why I love the Grand Californian because, an imaginary masterpiece, it's the fake Rolex of the Lost Sierra Nevada Lodge that could have been - lost in time and space, all while staying in theme
We have also been members since 2001 my feeling on the poly tower is it’s going to be mostly studios because the points are so high now people are buying 100 point contracts and they want 2 weeks worth of stays. It’s a shame that they are devaluing the product. We were 5 people needing 2 rooms that’s why we did it and it has more than paid for itself over the years with 540 points our average cost is about $90.00. We only use it as home base now days and rarely go to a park since 2 adult tickets for a retired couple are just about $500.00 so these trips are mostly relaxing trips and we let the kids use the points when they want to go. At today’s prices I am not sure if the value is really there.
Hey Joe! Thanks for dropping by and sharing your thoughts. Based on plans that have been filed for permits, it looks like we're getting a range of rooms at the Poly Tower; just like at any other DVC Resort. There will be dedicated 2 and 1 bedroom villas as well as lock-off options. We'll also get Deluxe Studios and something they're calling a "duo studio" which is going to be smaller than a standard Deluxe Studio. So lots of variety coming to the Poly Tower once it's completed!
45K views, you're on a roll. I read about half the comments, seems like people are taking it in well and generally relating. Showing up in people's feed or in prospective buyer searches is exciting to hear. Hopefully it remains near the top for an honest perspective. DVC, like any other form of travel, your mileage will vary, I'm not surprised to see people fall more optimistic or pessimistic on the topic.
Yes! Honestly, the comment section has been the best part for me 'cause it's not all that often that you can have such valuable conversation in a comment section. You're right though. It seems like a lot of people are taking it well and relating. I'm hoping that it will be helpful to people thinking about DVC in the future. There's so much to think about so getting the gears turning is always a good thing. 😄
We have been members of DVC for more than 25 years. We have contracts at Old Key West, Boardwalk, Animal Kingdom Kidani Village, and Lakeview Towers. We come every year and stay in at least a two bedroom room at each of our resorts, and stay for about three weeks total. It works for us and we really enjoy it. It’s not cheap, but we feel the accommodations at all our resorts are worth it.
What will the point/pricing be once DVC Poly opens sales???Our timing might be just right. If we decide to jump in later this year. Then I can buy resale later when our family grows. Much to ponder.
I’m a DVC member and it’s worth it only if you buy resale. I paid about 9k for 75 points that let me stay for 10 nights on average in a studio each year. If you buy direct you’ll take forever before you actually start “saving money” on your trips.
Resale is tricky. While it can be a great way to go for some, there's a LOT to take into consideration. . . especially now with the resale restrictions on new contracts. The long and short of it: the perks and flexibility are just not there. While it might have been a good idea in the past, as we keep moving forward I do not think the value is going to be there in the same way.
@@2foolishmortals I’m trying to decide whether I should slowly trade out my resale points for direct points so I can stay at new properties as they are built. Would you buy in if you weren’t already a member at the current prices?
@@Itsrichardash That's not a terrible idea, especially if you want to stay at newer properties. . . . but I say that not knowing what resale contracts are going for right now. 🤔 You know, I'm not sure that we would, but that's mainly because none of the available or upcoming properties appeal to us.
Because so many are reading this trying to decide if DVC is right for them. Each resort has its own points chart and the number of points needed varies on the size of the room, the time of year, and the day of the week. Friday and Saturday nights are always higher. 75 points will not get you 10 nights in a studio at most resorts. For example at Grand Floridian the lowest number of points needed for a studio per night is 16 (Sept S-Th) and the highest Is 37 (F-S during Easter and Christmas weeks). So be sure to look at the point charts for the resort you are considering.
Almost a decade ago I was adamant about the resort being on the monorail line or no sale. Got the Polynesian and we have since added on resale other places:) Wouldn't touch the Riviera at any price.
I am a resale member aka White Card. I have two contracts at SSR. You mentioned Poly new building, it has been confirmed at the association meeting that the Poly will be on the old Association and not a “new” association. So that building won’t be the full 50 years. Still longer than your 2042 resorts. For me the math worked on resale contracts. Yes, I know I lose out on some benefits.
great video I was a dvc owner for 14yrs I got disable in 2020 so i can't go on some of the attractions it was a good investment for me I lived in california flew to disney world every 6 mos i had the coast to coast pass good old days on passes I got to go to hawaii take a 15 day panama canal cruise lots of points on the cruise and only $95.00 dollars it was worth it when i sold my dvc I got all my money back pus interest I think I sold it within a week either way you like it or hate it you can sell it and get most of your money back disney has a policy were if the price is to low they have the right to refuse the sale and buy the timeshare back disney did that to me I still got all my money back except for the fees ok take care and safe travels
We own several DVC contracts and recently completed a Marriott Vacation Club tryout promotional stay. You just CANNOT compare the two - DVC is so much better - a league of its own. We called MVC in advance and asked for extra linens and towel for our stay. We made sure to make that request twice - it was NOT accommodated. We had to wait until roughly 1:30am to get them. There was one single elevator servicing one building with over 200 rooms. I asked for a ground floor but instead got "punished" with a 6th floor. The room was alright - not DVC quality. The pool and any sort of resort dining was a schlep to say the least. Everything was just meh - not what we are used to owning at DVC - the level of service, the prosximity, the amenities, the transportation - everything is a leg up even if you don't want to go to the parks.
Completely agree. We are DVC members also (Grand Californian, Aulani, Hilton Head, Riviera), but also checked out Marriott, Wyndham, and Diamond Resorts. Honestly, the deals we could get from those non-DVC properties were financially less expensive; however, when checking out the rooms, they just seemed like regular hotel rooms, bigger hotel rooms, or hotel rooms with a kitchen. They all lacked the touches that Disney provides for their properties. Whenever my family enters a DVC room, everyone “oohs and ahhs.” That’s the difference.
My In Laws purchased in ‘93 at OKW, bought 200 points under 20k and doubled the points years later for about the same price. Early 2000s they bought 150 points at Saratoga. All these purchases total under 75k. We go 5-8 times a year, I don’t think I would ever buy at this time.
You also forgot to mention or talk about resale values. Some resorts are worth more on secondary properties such as the locations in California. However, the new resorts if they are sold on the resale market, the buyer may only use their points at that specific resort, they may not use them at the other DVC resorts. The older resorts on the market the resale buyer may use them at the other properties (just not the new ones). This lowers the resale value of those new resort contracts.
I'm with you on the DVC at Fort Wilderness I will never stay there, Disney is making a big mistake turning it into a DVC resort. I'm saddened from this.
I still feel so clueless 🙈 I rent dvc points often. 3 times this month already... would this be something "worth it for my family of 5?" I just can't seem to work it out in my brain how it all works... would it be recommended to buy someone's old contract? Anyone help??
Hi! Glad you found us. I'm sure you've got a ton of questions. . . . it's a big topic that can be tough to wrap your head around. 😅 I do have an entire Playlist of DVC related videos where we talk about a number of topics, including resale. That might be a good place to start and pop any questions you have in the comments. I'll be happy to answer what I can. 😀
Our family loves Disney and has for decades. We're now on the grandkids growing up with the Mouse. I'm very grateful for your video and the time and research you have contributed to provide this to us! Yes, DVC was a strong consideration, however, 30+ years ago, it wasn't an economical option for a young and growing family. But, as luck would have it, I'm now eligible to stay at Shades of Green. Online, at least, it looks nice. But DVC still seems to be an attractive option. You've presented a very understandable approach, with economic comparables, such that, I might not have to be subject to a prolonged drubbing err sales presentation. Thanks again!
Hello, I'm a DVC member since 2006 and also a Air Force retiree, so I've stayed at Shades of Green as well. Shades of Green is an excellent resort right next to two golf courses with decent food options. Having said that, Shades of Green could use a refurb sooner than later and I definitely lean towards DVC stays over SOG. Admittedly, this is an easier choice for me because I have DVC points to use, but now that I have stayed DVC and SOG to compare.... I'd probably still choose DVC most of the time even if I wasn't a member. I tell people all the time.... DVC isn't for everyone, but it's for us.
There are variables not taken into consideration when looking at the "rack rate" analysis. As a person that stayed off property to do the DIsney vacay & then rented points for yrs, I can say that staying on property has huge advantages that can affect the price point and some that dont translate to $ & cents per se. We use Disney transportation for everything; therefore we do not have need for a vehicle. This saves us TONS of money on either rentals and/or gas. Having a full kitchen saves us $ on meals and not something you can get when in a regular hotel room (so add on meals to that per day #). Now with the non-monetary advantages: With a washer/dryer we dont have to overpack and its a huge convenience. We once had Thanksgiving dinner in the OKW and it was an amazing holiday as we cooked everything and had space for everyone. We go to Disney more frequently now than we ever did before (2-3 visits per yr compared to the 1 trip when we werent DVC) And being on property gives us the Disney vacay experience without having to go to the parks if we dont want to. This saves us money, sure. But adds to the quality of the experience that cannot necessarily be quantified in $ & cents. Add on the aggravation & effort of having to schlepping back & forth to the parks. That alone was the major factor with us. We just rather be there than anywhere else so it just made sense.
It is convenient staying at Disney properties if going to the parks. I still find though that at least in recent times many of the Disney resorts are just standard room level at super inflated prices.
Hmm. . . . your comment has me thinking. 🤔 I've been staying a lot of places on property and a few off and I think I agree; at least in a number of cases. The location and convenience is really the main appeal.
Bought in 1995 as a resale and used to get free park tickets with each reservation. Once that ended in 2000, it was pretty much downhill. Home resort was OKW and Disney let those places deteriorate for a long time before rehabbing them. Dues have more than doubled to the point I would tell people to rent points for the price of the annual dues unless they are satisfied with a studio at the Sunday through Friday rate.the rooms at OKW are the largest on the property and having stayed in all the DVC resorts, it was clear that rooms shrunk after they built OKW. Riviera was my last stay and other than the pools, it was a disappointing stay with the top restaurant looking like a cafeteria. Realized that exchanging points for RCI exchange was not a good value nor was getting a non DVC room on property. Best stay was at Bay Lake because of proximity and Grand Floridian for class.
Yes! They let them go way WAY too long before refurbishing them and sometimes [OKW is a good example of this] the "refurb" doesn't do as much as it should to do the resort justice. I haven't had the chance to eat at Riviera's table service yet, so I can't speak to it, though your description is certainly interesting. Thanks for sharing your thoughts. 😄
You sound like you don’t think OKW is deluxe because it isn’t in close proximity to the parks and you “gave it a pass” because it’s the 1st DVC. That is precisely WHY it is great! You can relax and enjoy yourself away from the hustle and bustle. It has lots of room and actually is a resort, not just a big hotel with long hallways of doors. I know I’m biased as we’ve owned there since 1994. You have your opinion as to what classifies as deluxe, I have mine!
Hey, thanks for your comment. 😊 No, I think OKW absolutely has the qualities of a deluxe including being walking distance from Disney Springs [though it's not necessarily what some might consider "walking distance" we still think it counts] and having the golf course. The point I'm getting at, and why I "give it a pass", is because it's the first of its kind and so as improvements were made and DVC developed into a better product, OKW might not meet the mark in the same way some newer properties do. . . . there's nothing wrong with that. However, as we draw comparisons I don't think it's fair to wag a finger at OKW in the a same way as other properties that have had decades to develop and reflect the needs/wants of current members/guests. Hope this clarifies things a bit.
What a great vlog👍🏻 We have been a DVC Member since 1998. People have to do alot of research and asking alot of hard questions for their families vacations🤔 In my opinion a blue card, direct sale, is not worth the cost. I would have people look into resale first then compare a direct sale contracts to see what would be their best option, for their vacation travels. It's is very hard to make a big investment in your travels without alot of hard research. Thanks for sharing 🤗
Thanks! I'm glad you enjoyed the vlog. You know, the biggest challenge with resale nowadays is the restrictions. It definitely changes the game and I'm sure that will be something people talk about a lot more in the coming years as we get some of these new properties on the market.
@@2foolishmortals As of now the only two properties that have any restrictions are the Riviera and soon to be Fort Wilderness cabins. All resorts BEFORE Riviera have NO restrictions of right now.
@@olafpamela Yes, currently only Riviera and Fort Wilderness have resale restrictions. The Poly Tower is also expected to have the resale restrictions as well [based on conversations I've had with DVC]. However, I think it's also important to keep in mind that resale points purchased after January 19, 2019 at other resorts will not be eligible for booking at these newer resorts. I know this is true for the Cabins and is likely also going to be the case for Poly, I'm not sure about Riviera. So it's a lot to think about if you're going resale and want access to ALL the resorts.
We're considering DVC but confused as to whether you can bank the points on alternate years? We're from the UK and more likely to do alternating years than each year so considering whether it could work for us? (btw we watch your videos all the time and love your channel, you're the creator we trust the most with info on WDW)
Hi! 👋 I'm sorry it took me a few days to get back to you. Have you seen our video about banking and borrowing points yet? If not, you can check it out HERE: th-cam.com/video/srdVlewC0Vk/w-d-xo.html This might be a good place to start and, of course, you're more than welcome to ask any additional questions you might have and we'll be happy to answer them for you. In terms of not being able to visit annually, DVC Membership can still work our for you. In fact, that's been the case for us over the years as well as some of our family members. Like I said, we get a bit more into it in that discussion I liked above. I hope that helps. 😄 P.S. Thanks! Were so glad to hear that you enjoy what we're doing here. ❤️
Well I feel educated indeed, I truly didn't think DVC members saved money, I thought it was all resort access, front of the line privileges etc,. When it comes to finances the details matter. It's interesting how non members talk about this versus members. I like your straight shooter approach 😀
Hey! Glad you enjoyed the video. Yeah, it can be a major savings for families who visit Walt Disney World somewhat regularly. Of course, prices have gone up over the years and perks aren't wha they were 20+ years ago when we became members. . . but we still think that it can be worth it for the right people. It is interesting, isn't it!? That's one of the many reasons that we do things the way we do over here. We do our best to offer as real and honest a perspective as we can so that people get the information that they need. . . . . which is SUPER important when it comes to any type of big decision like this, but also travel in general. Anyway. . . . Have a great rest of your day! 😄
First and foremost Hilton Head is not near Disney World. Secondly if you do not want to stay on Disney property then DVC is not for you. If you’re comparing it to non Disney hotels then it’s probably not the product for you because it’s not for people that want to stay off property. DVC makes sense for the family that go to Disney annually or bi-annually & stay on property. It would cost $10k for my family to stay in a 2 room villa Old Key West for a week. The DVC contract cost 25k + 3k annual dues. If you go 3 times it’s paid for itself.
Absolutely! I think for a lot of people, who are not members or are trying to get a sense of what DVC is, the goal of drawing the comparison to other hotel off-property is to try and gauge what the quality of the hotel is in comparison to something they are familiar with. The challenge is that this is really only half of the story, right? I mean, we didn't even so much as glance at the perks that appeal to a lot of people who stay on property, let alone DVC Members, like transporataion and convenience. . . . Thanks for taking the time to comment and share your thoughts! Enjoy the rest of your day! 😄
Its been a long time since our stay at the Polynesian and the overwhelming Motel 6 feeling that we experienced. Now we pride ourselves for engineering the whole week at Universal and Disney for the cost of one night at Disney. That buyer's remorse ride on the way home hasnt been missed.
Just finished your video. Very well done and enjoyed it. I agree with you from start to finish. Glad to have found your channel and look forward to your content. - Kenny
Maintenance fees in 2022 for Boardwalk were $8.08 per point 250 points cost $2,020 a years and it go's up every year...This is why you can pay less than $19 a point to purchase an older contract or rent them for $16 or less. People want to unload the contracts at a loss to get out of the cost of the fees. Their is a reason the resale marketers make a living and Disney repurchases discounted contracts to jack-up the prices. If you can not afford the high prices and visit every year or two, don't pay full price. WCDB
13:02 Wow! This was such a well thought out and prepared video that answered so many questions I’ve had about DVC. I felt like I was in a class presentation. In general, is it against Disney policy to use the term ‘timeshare’ when talking about DVC? This is the parallel I usually see online when DVC is discussed.
I think it was worth it to buy when you and I bought! I bought in 2002 (Beach Club), and still don't regret it! I also have multiple contracts. I love my Disney Grand California one, due to the fact that its a perfect location :)
Great video. As I listen to this and other vlogs I hear the push/pull of Legacy DVC Owners with what Disney is doing. But, how much can Disney make keeping focus on legacy owners. Seems they have enough new buyers they're targeting with the new properties. Personally, I think Riviera is a great resort, and located next to Disney Springs (my evening spot, resturants..). There is something for everyone. As long as Disney continue to provide the environment to be entertained, relax and dine for the holiday season, am all in.
Yeah, the market is changing and Disney is adapting and maybe even driving that change from time to time. I get that, though I've got things to say about it. 😆
Thank you for all the great information! We are a family of 3 and we’ve thought about a DVC membership. Currently we are 10 minutes from Disneyland. We’ve never been to WDW but would like to go soon. We stay at the Disneyland resort hotels about 4-6 times a year on mini “staycations” not sure if a DVC membership is right for us if we stay local anyway, but wanted to know, in your opinion, how often would we have to vacation either locally or at the other properties to make DVC worth our while? Probably more to it than that but a rough idea would be appreciated. Thank you!
HI! 👋😄 That's a great question and one that I think a lot of people are probably wondering about too. If you don't mind, I'd love to get back to you in a video. . . it just might take about a week. I hope that's alright. Thanks for your understanding.
If you consume a lot of Disney hotels already and will to continue to do so you can spend less on those hotels with dvc. On the west coast the dvc rooms book fast though so can you plan 7-11 months ahead? If you can plan that far ahead it’s worth looking into at least.
There are people on the Dis Boards who have built spreadsheets that crunch the numbers for DVC stays. We, too, do short stay-cations at Disneyland Resort and after continually renting DVC points, we purchased DVC at the new Tower at the Disneyland Hotel. If we use our points wisely, it will enhance our weekend stays at DLR. We also own points at WDW and take long trips 1-2 times per year. We are very happy with our DVC purchase.😊
Agreed with almost everything in this video. I grew up staying off property. A lot of added convenience and other costs that can be passed on when staying on property. We recently purchased resale at Copper Creek. Two main factors went into it - 1) length of the contracts was more than double what we could get at BW or BC and 2) resale was 40% less than what buying direct would cost. The direct benefits we won’t get didn’t make for the savings. Would be interested in your thoughts of the resale market for others. I cranked the numbers factoring inflation on the dues plus opportunity cost on the initial investment and it was still a deal though mush closer to break even if staying on property.
Just like with anything else [which I realize is going to sound like SUCH a non-answer, but hang in there with me] I think that the resale market can be good for the right people; particularly the people who understand what they're NOT getting when buying resale and are fine with it. In fact, there was a time [prior to 2019] when we were seriously considering adding on some resale to have a few more points available to us. However. . . . With the resale restrictions, it's another story. I wouldn't consider purchasing resale now and think anything who IS considering resale REALLY needs to think about how the restrictions are going to impact them. Don't forget, the resale restrictions apply to not only people buying resale at Riviera, for example, but EVERYONE who bought ANY resale after January 19, 2019. Of course, there are people for whom this won't be a big deal 'cause they're going to buy resale at the place they want to stay and they're golden. However, for those who buy in at a cheap resort and never stay there in favor of newer resorts or resorts in better locations, this is going to ultimately eliminate that as an option [particularly for the newer properties]. It's definitely something to think long and hard about.
This right here!!!!!! Thank you for your transparency!! I just found your channel , the algorithm gave you to me 😂. None of the TH-camrs I’ve seen who own DVC have ever stated all that you have said. My other thought is, perhaps they don’t want to be media blacklisted, so they keep it positive. I’ve sat in front of all the numbers since 2020 and I won’t pull the trigger yet. We lived in Florida our entire lives and moved away. So now it makes more sense to consider a purchase . I’m grateful for your honest review! This video needed to be made.
The additional issue is, we are AP, we travel down 3-4 times per year , our kids don’t come anymore but I would need a contract that allows me to stay that often . Will there even be that kind of availability even if I chose OKW or Saratoga and not a deluxe
Came across your channel via this video since we are considering a timeshare (DVC being in the mix) - appreciate the breakdown and honest info! - side note - love your hoodie and sunglasses! Where did you get them?!
Hey! I'm glad that you found this helpful. 😄 Thank you! The hoodie is a National Geographic hoodie. I got it here at Animal Kingdom, but it was quite a while ago and I'm not sure that they have them there anymore. They may have them on the National Geographic site. There's also matching sweatpants! The glasses are Haunted Mansion glasses that I got right here at WDW. They are still around and can be found all over property. For the record, they have been through the wringer and are SOLID! I know people are usually hesitant to buy sunglasses from the gift shops at WDW, but these are worth it! 😄
Hey there MrD! 😄 Thanks for taking the time to comment. We always appreciate it. Yeah, I know a lot of people have short attention spans nowadays, but we like to have conversations over here. . . . even if it take a little bit of time. Enjoy the rest of your day!
It's a beautiful resort, but I haven't stayed in either the regular rooms or villas yet. Looking forward to hopefully soon. I've stayed at Riviera before for a short stay in a Town Studio and will likely stay again, just so I get the chance to see a standard sized room and stack it up against other DVC Resorts. It would not be my first choice for a full on vacation though. I think there are better uses of points.
A friend of mine passed away recently and left me her dvc points. I'm trying to figure out what I should do with it. There's a lot to consider with it, so thanks for the facts.
Yeah I can’t say I disagree with any of this. I have 833 points half direct half resale at 6 different resorts. I won’t buy the new resorts mostly the price points are just way too high. I did buy a tiny 50 point VDH but I’ll never buy another resort with resale restrictions like riviera or the cabins. I also won’t buy any of the 2042 expiration resorts at this point.
I agree. Lots of these channels are resale “experts” many of them are bias because they work for a company. You can’t give your honest opinion when you’re getting paid to speak one way.
Thank you so much for providing such detailed information. Are all of the resorts DVC? Asking because of the “not for you” “ for DVC” comment. I would not want to have a contract like Beach club then can’t book when I want to visit, that would upset me especially because that contract is likely more expensive. It also seems unfair that regular guest bookings can block DVC from reservations that’s so not ok. When I think about 30k for a car ok I can use it all day everyday but when I think of 30k for DVC I can only use it once maybe twice (yearly) something just seems wrong. Anyways enjoy yours!
Hi! 👋😄 Thanks so much for taking the time to comment. That a good question. To answer it: No. Not all resorts at Walt Disney World are DVC. There are Disney Vacation Club specific resorts that only have Disney Vacation Club Villas. An example of this would be Old Key West, Saratoga Springs and Riviera. There are also resorts that have Disney Vacation Club sections. An example of this would be BoardWalk and Beach Club. At both of these resorts, there are sections with standard rooms [designed for the general public] and then Disney Vacation Club Villas [designed for DVC Members]. This is why, when looking into staying at these resorts, you'll sometimes see something like "BoardWalk Inn" and "BoardWalk Villas" or "Beach Club Resort" and "Beach Club Villas". Another great example is Disney's Contemporary Resort [for the general public] and Bay Lake Tower [a Disney Vacation Club Resort]. Of course, there are other resorts that are not DVC in any way to include all Moderate and Value resorts. I hope that answers your question. It's very frustrating that DVC Members can be blocked out by regular guest bookings. That said, there is effort being made to prevent this from happening. . . . at least as often. That's according to DVC in the last Condo Association Meeting, but we'll see. Only time will tell.
I love the work behind this video and maybe I have missed it. But I would love for you to do this based on Disney resorts that offer regular hotel rates and dvc villas. For example Animal Kingdom Lodge Jambo house where hotel side the rack rate for a savanna view is 818/night for the same day you site on this video may 18th, the DVC villa side has the same rack rate for a savanna view of 818/night but its points per night is 18 and if you take the same $14/point in this video that would be 252 a night. Which if you are one floor different in the case of animal kingdom lodge you are saving 566/night for a slightly bigger room as well. Now boardwalk the resort view inn side is 686/night and the dvc villa is the same 686/night but only 15 points for the night which is 210/night a savings of 476/night off of rack rate which people are paying on the inn side.
Blue card holder? I been a DVC member since 1995 have 3 contracts directly from Disney and no one has ever told me about this. Where can I get information on this ?
If you purchased direct and met the minimum buy-in requirements for points you would have received a blue membership card. [Those who didn't buy direct or did, but didn't meet those requirements reveive a white card.] This is what gives you access to your Membership Perks & Benefits. Now, since physical cards have been discontinued, it's reflected in the MyDisneyExperience App. You can find more information about Membership Perks and Benefits on the DVC Website.
You are so right! Fellow DVC owner here, and you are sooooo right. The rooms are the rooms, but the extra $$ for me is for the location, amenities, and the well-trained staff. The amazing seasonal decor, the characters wandering around taking pictures with guests, the pool games, the little extras from the community centers, and the flexibility to stay at different types of resorts. I go knowing that everything at Disney is a stage on which staff performs, so the fake rolex feeling can only be expected. At Epcot, you're not really in France or China or Norway. But I love it.
Hey! 👋 You know, I think there are a lot of things about Disney Resorts and staying on property in general that people overlook, especially people who haven't had the opportunity to travel elsewhere and fail miserablly [like I have 😳]. Things like safety, free transportation, CLEAN transportation, helpful staff [which you mentioned, but is worth saying again] and the ability to handle pretty much any situation without that fear of not knowing what to do. . . these are the things that people take forgranted. You really don't have to worry about it when you're inside "the bubble" and that makes for a much more pleasent vacation/travel experience than I think people realize. 😊 Thanks for you comment!
Have you ever tried to get room on specific days only to find out they are not available when you want them?
@@blaster-zy7xx
Yes. DVC Members are not guaranteed a room reservation. It’s based on availability. Members can book 11 months out to reserve at their Home resort. Book early. You won’t find rooms within 2 months (or less) unless someone cancels. If your looking for 1 night. You may get lucky.
I have been a DVC member since 1998. My home resort is the Boardwalk. I paid $10k for my membership and it paid for itself the first time I used it. As someone from the UK I typically stay for 3 weeks every year. There is no way I could afford to stay at Disney if I didn’t have DVC. I love my DVC membership and there are obvious perks in addition to the resort stays such as free parking at the parks and discount on merch etc. I know that DVC is much more expensive now than it was when I purchased in 1998 - and the exchange rate was really good at that time so was only £6,000, but I think if you can afford it, it’s definitely worth it.
Nice! We lived overseas for a while and DVC made out trips back to the US so much more manageable.
When we bought into DVC 20years ago, we felt the value was 100% worth it and made back our investment after staying over Christmas week. That price exceeded what our purchase was at the time. Our kids have grown up in that resort. That said, would we buy in at today's price point? Absolutely not. Perks have been eliminated, Extra fees for sues and maintence have increased, it has been oversold and often difficult to get a room at busier times. It is no longer the "best kept secret" that they sold it on. Add the insane costs of park tickets, it is not the vaule it was at the rime we bought.
Absolutely. 💯
There are a few things I don’t like about it. Once the time share business model went from specific weeks into the points system (appearing to give more flexibility to the customer) they could now sell more than they had capacity to serve. And it would piss me off to no end to hand over tens of thousands of dollars to be told that the time I want to go is “unavailable” .
This is why I think the resale restrictions on new resorts [currently Riviera, but I'm told it will be at upcoming properties also] are so interesting. I think it's DVC's way of trying to balance the scales after things got out of control. We'll see how it goes. . . .
That’s absolutely not how it works. They are limited to selling the amount of points required to rent every room for every night of the year. In other words, if a resort has 100 rooms and each room is worth 10 points per night, they can only sell 365,000 points (100x10x365). That is regulated under Florida timeshare law. Plus, under the law, a developer (Disney) has to hold back at least 2% of the resort in order to keep some of their skin in the game, so by law they actually “undersell” the points.
Now, having a ton of members all wanting to book the same rooms at the same time of year? That’s another story.
@@RobRoyRoadie How else could a hotel sell almost every single day no matter the season or day of the week? Like this. It is still the same issue. They have your money first, then they can just not have rooms available when you want or need them. If you booked a regular hotel, you don't send your money to a hotel first, then find out if they are booked or not. Time shares are a scam even if it is run by Disney.
@@RobRoyRoadieexactly. That 2+% Disney-owned rooms that are being offered to the public. They are not giving up already deeded points.
Disney invented the point system back in the early 90s. Once a hotel is designed, they figure out the total number of points for that hotel and they cannot sell more points. Once it is sold out, that’s it. The only way to get more points is to have someone sell their contract and then one can buy that contract (remaining time only) from DVC or the private party.
Appreciated the discussion and insight. We have also been members for a very long time. We find it to have a value for us considering when we bought and the price we bought points. We liked the flexibility of a stay shorter than a week that Disney offered and was unique in that at the time. In more recent years, we have grown concerned about Disney losing the magic at the resorts. The story telling seems to have vanished, as did the free Disney Express and the package delivery to a resort of items purchased at a park at DisneyWorld. The "theming" trend to us is de-theming - making everything look like a Marriott or a Hilton. With what has happened to the product in the last number of years - increase of point cost, loss of former amenities and story theming, we are reluctant to encourage folks to buy in. We appreciate the cast members very much and have never been disappointed with them. We are disappointed in what we see as the future for this product.
Thanks for taking the time to share your thoughts. Yeah, I can't agree more.
We've been going to Disney now for 50 years, grandparents lived in Cocoa Beach. We always use to stay on property but have, in the last 8 years or so, been renting houses off property. Yes, we somewhat miss the transportation etc. and with Disney dropping the "extras" of staying on property, it's just not worth it anymore. IKR, it's sad. But having a private house with a private pool, which can accommodate much larger groups, as we have upwards of 15 people per trip, is a much better experience for us. Even the cost. We just booked our next trip for April 2024, Moms 80th birthday and she goes to Disney at least 5 times per year still. Total cost for the week was $1988 for a 5 bedroom house just off property, private pool, themed rooms for the younger kids. Always have booked thru VRBO. There are many options for house rentals, many. You'd be surprised with the prices. Last year we booked a house with 12 bedrooms under $4k for the week, very nice amenities, so great deals are out there. All within 5-10 minutes of Disney off HWY 192.
this is what my family does now too. we've been going to Disney since 1978 and we were close to buying into DVC a couple times. I'm glad we didn't. We've stayed at a couple condos now through VRBO, 5 minutes from the parks. The cost is a fraction of the price of staying on property. And the full kitchen allows us to save a lot on food. Unless something drastically changes, I won't stay on property again or consider buying DVC.
100% agree with this approach. With your approach, you can adjust the size of your accommodation and cost based on your changing needs year to year OR decide on not going at all and do something else that year. And getting what you want is more straight forward than messing around with getting what you want within the DVC structure.
@@blaster-zy7xx Yes. We've seen some great deals on 10+ bedroom houses lately, some below $4k for a week stay. Plus all these houses have great themes and private pools.
You should take into account the ones on the Monorail system. This is a HUGE benefit and they are generally (Grand Floridian) more upscale. Nothing in Disney will ever be cheap but I think the real loss of value is really in the way they are trimming their services back, or in making you pay for what was free before.
Been a member for 18 years. Stayed at the Floridian in a studio for $140 a night in dues last year - same as Hampton Inn on the interstate. That a great deal in my book. Membership has paid for itself three times over and I could sell still for what I paid on top of that. Even with rising dues, it only become a better deal each year.
What’s wrong with Riviera - we have stayed twice and love it as an option.
Your Beach club won’t get harder to get into at your 11-7 month home resort mark because of more and more DVC members. That will only affect the 7 month and less mark, but more members only come on board with more resorts for all of us to choose from.
Just a few thoughts/counter points to consider
Yes! Even with the overall price increases over the years, when you break it down the cost is VERY reasonable and comparable to places like Hampton Inn. . . . just like you said. It's a hell of a deal, especially if you have a sense of how much it costs to stay elsewhere.
We spent a lot of time at Riviera [wandering around, eating] and have stayed there once thus far. We do have plans to stay there again this year; this time not in a Tower Studio [which was interesting and had an amazing view, but wasn't worth the points in our opinion]. It's a nice enough hotel, especially if we're comparing it to other hotels, but lacks when we stack it up to other Disney Deluxe/DVC resorts. For example, we'd like to see theming that extends a bit further beyond the artwork on the walls. There are some other little things like that, which we've talked about at length in the past when touring around the resort, but our biggest issue with Riviera is the location. Being built at Caribbean Beach plops it down right at a Moderate Resort and with the main draw [at least that most people bring up as a "slam dunk" for the resort] being the Skyliner, which is also a feature of Value and Moderate Resorts. . . . I struggle to see what Riviera offers [aside from DVC Style rooms, though AOA has some great rooms that are larger] that the others don't. Not to mention, after staying at Coronado Springs and seeing the Grand Destino Tower. . . . I've got a lot of other thoughts rolling around my head about Riviera and how it just feels a bit rushed. More on that some other time. 😅
Very much agree that there is no set answer and that each situation dictates the benefits. In our case we are absolutely a Disney family who typically does longer (10+ nights) Disney trips either every year or two, alternating between DL and WDW. We have reached the point where we have frequently had to get two hotel rooms and will soon need three. Thus, we first bought in 2022 with the intent of staying in 2-bedroom villas. Quite frankly we should have done this years ago.
Thanks for being honest about one of the most controversial topics in WDW. I too purchased in 2001, owned for a decade and sold my beach club contract. Got tired of the increasing taxes and dues, difficulty in getting rooms I wanted, and the decreased value for your investment. Most DVC owners feel that fake Rolex feeling but never admit it. If you purchased your contract and financed it, all you did was put your vacations on installment payments. What I call Disney Vacation Credit. Bottom line as you point out, it can be beneficial for certain families and certain vacation plans, but it doesn't make sense more times than it does, especially current contracts. Of course you can't express that opinion because the brain washed DVC masses will attack. 😂
Yeah. . . you know. . . I think there are a lot of people out there who really struggle with the decisions that they've made and the way that they deal with that is to try and force others to see things the way they do by bullying them into submission. [I was looking for another word, but "bullying" seems to be about as good as I can pull off at the moment.] It honestly makes me a bit sad for them 'cause they haven't arrived at a point in their life where they can accept things for what they are and move forward. At the end of the day though, facts are facts. As for the brain washed DVC masses? They can hit me with their best shot! 😉 I'm not easily "shushed". Thanks again for stopping by! 😄
Was it easy to sell? I own at the Grand Californian since 2009 and I do love it but I like to go when EVERYONE wants to go which makes it tough
Considered purchasing DVC multiple times. Couldn't make the math work for us. So now we rent points and LOVE it.
Yes!! We rent points as well and think its the best of both worlds here...no contracts or fees, and the ability to buy discounted rates (compared to rack rates) whenever we want to.
Same as you, one year we went and stayed in a Deluxe resort, the vaca was 8k. I remembered the DVC kiosk and for that price I'd be halfway into a contract. So the math works out for our family and it's nice to have the extra bedroom and bathroom.
I purchased the riviera site unseen in 2019 when they went on sale. I don't agree with your view of the Riviera but you're spot on with everything else. Each family is different and uses their vacation time differently. My purchase of my riviera contract was strictly a place to sleep at night with the 50-year length of contract. I do think it is one of the best resorts for food, but the location for a deluxe resort is not an ideal location. But your breakdown is spot on.
Owned Disney purchased DVC points and eventually sold them because I was able to book DVC resorts with RCI exchanges. That was the most ridiculous situation ever.
I have been a member of DVC since 2002 and have no regrets. Sure some extra perks have changed but still I love it.😊
Glad to hear it!
Very insightful and detailed, thank you. I own 200 points at Aulani and was complaining about my dues for 2024.
As a FORMER self admitted Disney Freak I bought DVC so long a go I am a "Gray" card member at Old Key West (driving 1,900 miles each way per visit) , and like pokemon after bought my first I kept buying... and then I saw Disney start to gut the DVC member perks so bad that what I use to get for free I then had to buy an annual pass for. Then Bob Iger and Bob Chapek started their thing where I realized Disney was no longer what I loved. I stayed the same but Disney changed. We were in what was pointed out by other TH-cam channels as a toxic relationship because of their actions. I now renting out my points to others to use, after I put aside my dues (plus another 30% in case of another outlandish increase) ... hind sight being 20/20 if I could do it all over again I would have spent the money only to buy points at Saratoga Studios so I could at least go to Disney Springs
Been staying at different WDW resorts for years as the son of a DVC member who bought Old Key West in the 90s. The rooms at Disney World, even the nicest ones are nowhere near worth the money but they are nice, and IMO well kept. I agree with your assessment on deluxe resorts being more location based instead of room quality based. The rooms at Yacht/beach club or the Boardwalk are roughly the same as OKW but the location makes them more desirable. Riviera is a disappointing offering with mediocre theming and the new Poly building looks to be the same situation.
My wife and I bought our DVC just for stay-cation! We live in Orlando and spend 2 to 6 nights a month at Disney resorts to relax and eat at the restaurants. We have annual passes, but use them to mostly go to parks to eat. We love our DVC members just to escape!
When we first became Members we weren't local, so when we DID move down here there was a question of how much we'd enjoy our Membership now that it wasn't a "to-do" to get here. . . . and we LOVE the ability to do those short little staycations! Don't get me wrong, we love going all over the place, but it's nice to have an excuse to just check out of daily life for a couple days!
It makes sense for families wanting their children to have some privacy, and the parents. We bought when our kids turned 3, and needed to give them a bedroom on the next trip. We were spending way too much for a week, just over $8-$12k for a week of lodging in a room with 2 beds and no bedrooms. At that point, we knew we were dumb to keep paying that when a DVC members much cheaper annually. Now the kids are in high school, and it will soon be time to think about renting out the points until they take it over after college.
What do you mean when they take it over after college? You are going to sell your timeshare to your kids?
⁉️You don’t have to stop using your membership because your kids are grown. My husband and I have gone to Disney World many times, just us, and visit one or even no parks. Some of the resorts have restaurants and other amenities that can stand on their own, again, with no park visits. Resort hopping alone is its own adventure. You can also visit other Disney locations like Vero Beach and Adventures by Disney locations worldwide and can we talk about other international Disney parks that are on our bucket list? Using you points on a Disney Cruise is not the best use of your points IMO, but it’s still an option and there are so many adults-only areas aboard ships and on Castaway Cay. Our kids are grow too but our DVC membership is going to be our means to travel more than we ever did, just us two.
Maybe I can answer this question for you. You don't have to sell it to your children, it can be passed to them, just like other property would be. All you'd have to do [assuming you didn't do it at the time of purchase] is put them on the deed.
DVC member since 2008 (AKL). What she said! All of it. After our 4th vacation the contract paid for itself, and in regards to the yearly maintenance fees (AKA condo fees), still less than one day at a two bedroom villa. And since a DVC member (blue card) does not have to pay resort fees or parking fees, it’s an even better value. Great video!!! Thank you.
Glad you enjoyed the video. Yes! The parking fee and resort fee can sneak up on you in some other places, even when the price looks good. . . doesn't it!? And don't even get me started on some of the cleaning fees! 😳 Thanks again for your comment. 😄
You get most of those same perks with the annual passes and it costs a whole lot less.
*Though I'm not a DVC Member
I just wanted to say we stayed 2 nights at The Swan Reserve (perfectly located between Epcot & Hollywood Studios) in a 1 bedroom suite (your choice of 2 queens or a king) with disney park view for fireworks. The Suite was so modern and beautiful. The bedroom had a tv and in the other room a beautiful pullout couch & chair with tv, in dining area a 6 person table and chairs with a 3rd tv, small fridge, sink. Really gorgeous bathroom too. This was in December 2023 for about $600 per night - could sleep 6. (There is also a 2 bedroom was about $900 per night could sleep 10 if you got 2 quees in the rooms) We had the early access to the parks (1/2 hour)and free parking at the parks by showing our card/reservation.
Hi! 👋 😄 Thanks for taking the time to comment and share some info about your room at The Swan Reserve. It's a GREAT location isn't it!? We love the EPCOT Area Resorts for that exact reason. It's unbeatble in our opinion! Not to mention all of the perks of Deluxe when staying at the Swan, Dolphin & Swan Reserve. Thanks again! Have a great rest of your day!
I would pay more to stay on property but the differential is enormous. We stayed in a 2 bedroom room at Marriott's Cypress Harbor for $205 a night in December 2023. The place is very nice. I liked having a full kitchen. The place is a timeshare but Marriott was selling rooms on their website.
This was a very well-reasoned video and points out that sometimes things aren’t always black and white - something you don’t see very often on TH-cam. Well done!
Thanks!
All my contacts are West Coast (GC, DL, AUL) and its a game changer that I wish we did sooner. Two out of my three contracts are resale and it doesn't bother me at all but I don't have a blue card. With my two DL resort contacts just in the last 12 rolling months, I will have gone to DL three times with trips of 3-4 days each. Look at the rack rate of any of the three DL hotels and its worth it. Also, early access to the park. Purchased items sent back to the room etc. Very worth it. Aulani paid for itself in two trips.
A DVC Member since 2004 and Beach Club home resort. I later purchased points from Saratoga Springs. We go twice a year and have found it often very easy to book the Grand Floridian (Studio) using our Saratoga Springs points! It has totally been worth the investment. One caution that I learned is that buying DVC resale is risky if you want to stay at some of the newer resorts like the Rivera - you can't use resale purchases for the newer resorts!
The best use of my DVC points have been using them for a Disney Cruise. We absolutely love it!
I've had family members use their points for a cruise before when they weren't able to use them for any other stays and they LOVED it!
We are DVC members at several properties...DVC is not for everyone...we go to Hawaii and Disneyland every year...the savings are in thousands..if (1) no kids..you can use your points at off peak resorts..(2) maximize your point useuage by going to Aulani..(3) renting out points when not using it..can be used to cover your yearly dues..(4)moonlight magic...taking friends and family to a park for free with food..(5) free parking..(6) the only time share that has risen in value and if you choose to sell can get alot of money back....this is not for budget travelers..just added Disneyland Hotel to our DVC...saves us money in long run.
Absolutely! You gotta know what's right for you and your vacation habits/style. The flexibility is definitely a great perk of DVC as compared to other timeshare programs though. Like you said, the ability to rent unused points and sell for a good price. These are some of the things that, at least in my opinion, makes DVC stand out. Thanks for sharing your thoughts. 😄
P.S. We hope you enjoy Disneyland Hotel. Haven't been out that way yet, but it looks BEAUTIFUL!
Something else I thought about, based on a lot of the comments here is a good amount of members struggle to book the rooms they want and sometimes it's even at their home resort. DVC is becoming more and more involved where you can't just log on at 8AM 11 months out during certain times of the year (looking at you early December) and book exactly what you want. If you are not willing to put in the leg work and aren't willing to put in the effort to learn this complex product, it's not for you. Personally, I love doing all of this stuff, I love looking at my dashboard filled with my upcoming trips and checking availability is something I like to do in my free time while I have the TV on. DVC really favors members like myself who obsessively stalk the website because I've been able to grab Beach Club, Boardwalk studios (standard and BW view) without owning there. If you just want a simple book and forget it, DVC may not be the best option for you.
I think that a point to bring up is …. You can use the DVC points in Interval exchange. My kids are now young adults and have been able to use the points and a booking fee to several areas in the country (can go anywhere in the world). We have used resorts not at WDW resorts (Hilton Head and Vero Beach) for family get togethers. This EXTRA is a great benefit
Absolutely! We have used ours for all over and even in Tokyo when we were living out in Japan. It's a great perk, for sure!
The issue I have with DVC is that Disney is not building any new resorts for the average person, and in fact, have removed resorts (as mentioned in this video).
The same goes for Disneyland, in which the only new hotel being build in decades is a DVS resort.
Disney has also eliminating available room and converting them to DVC (e.g. The Grand Floridian has converted some of their inventory to DVC).
Absolutely!
My husband and I have been considering buying in to DVC and I came across this video. Have found this so so insightful.
Glad it was helpful!
I appreciate your informative, honest and down to earth review of DVC. I can't fully trust some of these other TH-cam reviewers because they are way too hyped about everything and they don't sound realistic.
Thank you. We do our best to keep it real here. 😀
We are a Dollywood family. We nickel-and-dime to be able to go to Dollywood at least a couple times a year. We get passes (very reasonably priced) but the hotel costs are what costs us a fortune. You are looking at least $200+ per night for a roach motel and $400+ per night for a half way decent hotel. I even can’t fathom how much it costs to go to Disney.
Wow! I haven't been to Dollywood yet, but it's on our list. We hear great things and people seem to love it.
It's honestly not as bad as you think. A decent hotel on WDW property starts at around $130 per night. Of course some of the on property hotels get out of control, but can be very reasonable. . . even compared to places I've stayed around the country. [Some of which were very questionable. 😬]
@@2foolishmortalssecond Dollywood family here!! It’s our “home” park and we go all the time. I definitely recommend checking it out, not NEARLY as expensive as Disney but VERY convenient, stress free and wholesome.
Thanks for popping in here to let me know. Any recommendations as to the best time to go?
We went to Dollywood over Labor Day weekend, booked only two weeks prior. 4 nights at Great Smokies Lodge in a 2 bedroom, 2 weekend nights at Smokey Mountains Club Wyndham in a 1-bedroom. The cost was 153,000 Club Wyndham points, or a basic 154K contract. Resale is cheap, and the maintenance at a good location (Kauai, Big Island, Las Vegas) is about $850 - $1,100 per year.
I posted the original question to 2FM, and don't normally recommend timeshares, but for $400 locations it makes sense.
@@2foolishmortalsI feel like a lot of people assume Disney is grossly overpriced on every aspect but many haven’t actually done the numbers. Disney is very overpriced but compared to your local six flags? It’s really not far off. I went on a road trip to Six Flags Great Adventure and I remember buying a 3 piece chicken tenders with fries and drink for like 16 dollars. I just remember thinking this meal cost me about the same amount as I spent on a bowl at Satul’i canteen which is FAR superior in quality. I paid 150/night for a janky red roof inn nearby. I could’ve been at an All Star resort for nearly that price. So yes, Disney is expensive but it’s really comparable to the industry average and IMO is a superior experience.
Not to mention the inflated pricing of Moderate and Deluxe hotels to begin with....but it's the price you pay for staying "in the bubble".
The additional reality/complexity of resale contracts makes this conversation even more nuanced. Do you get a better "value"? I think so.... But the tradeoff there includes more restrictions and fewer "perks". You're still getting a room at a Deluxe or "Deluxe lite" resort so if semi/bi or annual trips are a reality for your family the math might math even without a discount or access to "free" perks like lounges and special events that would not be options with standard bookings.
I swear, I did more math before buying our resale DVC contract than I did for my entire Masters program! Thanks for saying the things that don't often get said (out loud.)
The conversation absolutely gets more nuanced when we start to talk resale, especially with the new contracts that have resale restrictions in them. . . we'll have to get into that some other day 'cause I'm sure it too is a conversation worth having.
. . . the tradeoffs though. That's probably the most important thing to wrap your head around when deciding whether or not resale is for you. At least in my opinion. If you're fine with what you don't have access to, I think that it's something worth considering.
You are correct, the rooms are not worth the price. However the location adds the value. At my age I like and need to go back to the room during park visit. No problem. I like to be close to the magic.
Absolutely! I love having the ability to go back to the room midday. It's a game changer.
Time Value of Money is an important consideration for that initial buy-in. It matters. There is a cost to prepaying decades in advance. People assume just because you wouldn’t invest this money then TVM doesn’t matter. If you have a mortgage, car or student loan, or will have those in the future, then look at the interest savings you would have by using $20k or $30k to pay it down.
Having said that, DVC can still make sense even after you factor buy-in cost with TVM and yearly dues.
That's a great point and one that I definitely think should be on the list of things to consider, particularly for families who have a lot of things that they are working to pay off.
Thank you, I enjoyed this discussion. I didn’t find it rambling at all, like some disgruntled viewer commented. Isn’t it funny how some people are SO sensitive about DVC?!? I bought in from the UK and will only be using it every 2-3 years and banking/borrowing. But the reality is that I’d just never spend the money on Disney hotels if it wasn’t for this option. I want to stay on property and we need two rooms - so, having a two bedroom is ideal and so much better than any moderate or deluxe regular room. Plus there is the fact that you can SELL your DVC contract down the line, which many don’t really seem to take into account. I think I may keep this for the next 15 years and then sell up. We bought resale and the savings were considerable - we also bought at the Poly and so, that’s awesome that the new hotel is going to be in the original association and we can stay there. Btw the poly is not hard to book at 11 months in my experience - i think that will only improve with the tower. But we will see!! 😊
Thanks so much for your comment and your kind words. Yeah some people. 🙄 They just want something to complain about. 🤷♀️
Absolutely! To all that you are saying. I was telling another UK DVC Member in another comment that we lived overseas for a while and DVC was so helpful during that time. . . . and YES you can absolutely sell if/when you don't want/can't manage it anymore.
Tha KS again for your comment.
I was going to buy DVC but opted for club Wyndham. I gave a lot more options for less money . I have talked to some DVC members and I feel I make the right choice for my family
Wow! I loved this vid. DVC member since 2013. We agree with you. It is worth what we paid, but not tons more. We have a large family with lots of grandkids. Aulani is our resort. Never regretted the purchase, but we fill the rooms to their capacity so we get the max value out of points. We are taking all 30 of us to Aulani for 8 nights. 30 people in four 2 bedroom units. The price per person is pretty good. And it's Disney!
Thanks for sharing your experience! Yeah DVC is a great way to cut costs for larger families. We did a trip once with 15 of us between 4 families and it would never have been possible without DVC. . . for our sanity or wallets. 😆
Unusually well balanced and informative. We have a tendency to see the things we love with rose-tinted glasses, or turn on them harshly, throwing the baby out with the bathwater. The value and comparison makes total sense to me, and I appreciate an honest view of the rack rates. I saw a couple disappointed reviews of Riviera a couple weeks before leaving the original comment, so that was hilarious hearing it compared to a fake Rolex watch salesman! This is the type of video everyone on the fence about purchasing DVC need to see.
Glad you got the chance to pop in over here. I also want to say THANK again for a great question that honestly got me thinking about so much more than I expected it would. ❤️
DVC, owner here too. Really great info, very accurate, very fair. It seems there are haters or lovers and never the two shall meet in really. So thanks!! I’m a lover, but I understand the truth and reality.
It's so true. I think people forget that 2 things can be true at the same time. You can love something, but still acknowledge the realities of your situation. Obviously, that's harder to so for some than it is for others. That's why we do what we do though! Open and honest perspectives are important when doing any sort of travel and we're here to provide ours. ❤️
We’ve been DVC members since 2015 and bought into a Polynesian Resort contract in for the same reasons you bought in. Our typical visits were every other year, and we could drive there in 10-12 hours. Having the extra space and at-home type amenities like a full kitchen have spoiled us so much that we’ve yet to stay at the Polynesian which doesn’t have those accommodations, if we could even book a room there. But there are so many other fantastic resorts we’ve stayed at and really enjoyed. The new Polynesian DVC addition might change that 🤞🏽
I agree with your comment about Disney devaluing the DVC brand with their handling of the Riviera. We held our noses and bought our second contract for that resort despite the restrictions on it that don’t exist with our first contract. I think our first contract should negate many of those restrictions as far as booking stays, but we may find out otherwise if we sell or transfer it which will be many decades off, it will likely affect the new user (one of our kids) more than us. We love and use our membership almost yearly now, but as Disney is restructuring DVC contracts now, I don’t think I could 100% recommend it to friends or family.
I'll tell you what, I really liked the Poly Deluxe Studios 'cause they are massive! They aren't a 1BR though! Really looking forward to the new tower so that some more variety and room types are available at the Poly.
We WERE DVC members from 2003-2018. About 15 years. We bought into Saratoga Springs and Vero Beach when it was $98 and $109 a point. We used points once for our daughter on a Disney Cruise. We mainly ONLY used it yearly for a 1 bedroom villa at the Grand Californian for 7 days or more. For what we paid back then, it was ABSOLUTELY worth it. 1 week at the Grand in a 1 bedroom when we stayed was well over $10K so both our contracts were paid for fully in just 2, 1 week stays there.
To continue, lol, the price point today doesn't feel worth the cost. Living on the West Coast it's much more difficult to get rooms at Disneyland. Disney World, much easier, but that's a bigger expense to get to Florida. We were blue card holders as well as you called it.
The reason you became a member is also why we did. Lol it allowed us to travel with my parents and save them money so we could all travel together.
We paid our loans off early and just had the annual dues to pay every year based off our home resorts we bought into.
I've heard it's a lot more difficult to use DVC in CA, but I haven't been out there as of yet. I mean, it makes sense, with the limited properties compared to WDW. 🤷♀️ The prices of contracts now though are definitely a whole different thing then back in the 90s/00s. Like I said, I'm not sure it's worth it [for us] to get another contract. . . . . they'd have to really blow us away with a new property and they're not there yet.
It's definitely more difficult to get it on the West Coast. I agree, they need to blow new and current members socks off to get people to renew.
Great dissection of DVC, thanks! We have been DVC members for a while now... and are the people you talk about as the target audience.
My rub of late has been, if you've discussed this I apologize, is having to compete with the reseller market. Travel agencies that offer up properties to non-DVC members. Do not mean that from any sort of 'elitism' perspective, but if we invested and are paying annual dues, then I would expect to have vacation options when we want them. It seems harder and harder to get a spot when we are looking... you mentioned this with your home resort.
Maybe I am being a Pollyanna in a 'free market' system... curious your thoughts.
Hi! 👋 I'm sorry it's taken me a few days to get back to you. There have been so many comments coming through and it's taken me a lot more time than usually to get back to everyone. 😊 I totally understand where you're coming from and honestly I don't think that there's any sort of "elitism" in wanting to have priority access [for lack of a better term] or access at all to something you paid for over someone who didn't. . . . . and I think that the finger-waggers who are quick to call people "elitist" over speaking out about their concerns/problems/frustrations about things like this are contributing to some of the problems that we deal with when it comes to diminishing quality [with DVC and other things in life as well] . . . but I suppose that's a tangent for another day.
Anyway. . . . .
I've got a lot of strong opinions about this particular corner of the DVC discussion, most of them probably pretty unpopular, but the long and short of it goes something like this: I think DVC needs to put a better structure/system in place to prioritize Members who pay premiums for the properties they own; especially those Members who buy direct. [Yes, I am taking booking windows into account. In my opinion, they are not enough to alleviate this problem.] It shouldn't be the production it is to stay at a property you own. . . even if you own a popular spot. Not that I'm saying you should be able to book a super last minute trip, but I do think that you shouldn't be stressing about whether or not the dates you want [10 months out] are going to be available at your home resort when your use year rolls around.
I think this is why we're seeing DVC include resale restrictions in new contracts though, which I actually think is a good thing. I'm not going to go into all the details here [goodness knows I've already written you a novel as it is], but I'd imagine this is going to balance the scales a little bit. Of course, we'll have to wait and see. I'm hopeful though! 😄
I realize not everyone plans like we do but our secret has been book 11 months out to the day. We are both in education so we are limited when we can go and have popular time (Spring break, thanksgiving, first week of June) we always go. We have never failed to secure a time we want. We did take a last minute trip at 120 days out, we accepted an open week in June at our home resort, a notoriously tricky one (they Poly) because we're off all summer. The secret to maximizing is pick your home resort carefully and plan far out--again this does jive with everyone's style. If you are the kind of person who likes to sample all the resorts, this could be very annoying. For us we exclusively stay at our home resort.
@@timothypullano1409 I think the challenge for a lot of members, myself included, is that even a that 11 month mark it can be very difficult to get into some home resorts when you want to/can travel. I know that's the issue I run into.
I just subscribed to your channel after finding it about 2 days ago. My wife and I are considering buying a DVC membership via resale. We spend enough time at Disney to make it worth it and are able to pay for the cost, minus the annual fees, up front. What's the difference between buying it from Disney vs. resale? I did the cost calculator on DVC's website, and it showed we would need more points than we were figuring, thus showing a higher cost. Between last year and this year, we've went on 2 Disney cruises, one 3 day, one 7 day, went to Disney World last year, and are going again this year in November. Could you explain why buying a DVC membership from Disney is better than buying re-sale, or why re-sale is better than direct from Disney? Thank you.
WELCOME! We are glad you found us. We have done a few videos about this that you might find helpful in answering some of your questions.
The first is HERE:
th-cam.com/video/iYz0tUflEc4/w-d-xo.htmlsi=4WxyII08zh6jSrRN
You can also check this out:
th-cam.com/video/L4q4yyP6WBY/w-d-xo.htmlsi=U60YFHlZqRwfJqFI
Of course, if you have ANY questions that we didn't cover, don't hesitate to pop 'em in the comments and we will be sure to get to you. 😀 Have a great day!
as an adult i introduced hubby to this Magical Bubble and curious enough we r taking steps to visit more and more and with grandkids now - i can say this might be the way to go - we live in AZ.😊
Your explanation is spot on.. we have had DVC points since 2011 and people often ask me if it’s worth it. I always say IT DEPENDS. For us, it’s absolutely worth it. We always stay in 1 bedroom suites which we would otherwise never be able to afford. No, it’s not cheap but I’m still getting a significant discount. The numbers can be a little hard to crunch because of the variation of so many factors but as per my calculations and the way we use it, our discount is anywhere from 40 - 50% (not from rack rates - from a comparable room elsewhere). In addition the perks are great too: included parking, merch discounts, AND moonlight magic events! These after hours events are running $160 pp - we will be attending one in Epcot this week which had I purchased 5 tickets would have cost me $850. Yup, no regrets here! Now, at current prices, and if you need to finance, not sure if its worth it any longer.
Yeah, the more and more I think about potentially buying in at the new prices, the less likely I think I am to actually go through with it. It's certainly not the same as it was back in the day.
Have been a member since 1997. The other benefit that we have is staying elsewhere. We are going to be in Edinburgh this summer during the Royal Tatoo. Hotels are 700-800£\ night. We are using points anti it is more like 175 per night. Stayed in NYC at hotels for up to 750$ per night as well as Washington DC. These were equivalent to about 110$ per night. Has helped to travel to other locations. Occasionally sell my points to others and break about even for dues for the year. +/- as to worth it over the years but we have enjoyed the use of it has become more difficult to stay in Disney so not sure it’s worth buying points now though due to too many members
YES! This is another thing about DVC Membership that people don't talk about all that often, but it's worth mentioning. . . . especially for those who think that you're stuck to staying DVC only. We've stayed in some beautiful hotels we otherwise wouldn't have considered in Boston, for example, using DVC Membership. I also used my DVC Membership to stay in Tokyo a few times when I was living in Japan. It's a GREAT perk!
part of the issue is they have many large room types that get claimed a lot slower. the value studios go first, then the normal studios. now if you want a last minute trip, you have to cross your fingers that one resort has at least a one bedroom, or you'll have to debate a two bedroom versus not going to a dvc property.
This! We've run into this a few times and it's had us staying elsewhere. . . sometimes paying out of pocket rather than using our membership 'cause all that was available was a larger room.
Good video and info. I really appreciate you explained how to break down costs per point for better comparison. My only other feedback is everyone needs to really understand what they are getting when committing future income to any contract whether it be DVC, leasing a new car, or a two-year cell phone contract. That is to say, look at the percentage of future income you are locking up and for how long and really understand the value over time before making any new commits. The economy remains volatile and job security is lower. Is it worth it to you to lock in future income here? That is what you need to understand for any long-term contract, not just DVC.
Absolutely! Like with anything else, it's so important to make sure that the funds are there before making a long term committment like this. The savings might be fantastic, but if you can't swing it, it's probably not right for you. Fortunately, selling your DVC Contract off is always an option if it becomes necessary. Thanks for taking the time to share your thoughts. 😄
My partner is at WDW at the moment and is considering becoming a DVC member (Riviera, 150 points). It's a fairly costly long-term commitment but she is lucky enough to be able to afford it. As we are in the UK we are only expecting to be able to vacation every two or three years, but for her the long term optionality, the ability to stay at resorts worldwide, and the knowledge that she, and hopefully our kids and eventual grandkids will be able to enjoy the access for the length of the lease. Having never been to Disney myself I cannot comment on DVCs potential value, I guess value is different in the eye of each consumer anyway, but for what she wants, I think she's happy with buying in now.
I know this was about 2 weeks ago... but if you chose not to buy at the Riviera, the Poly is coming up soon... our primary contract is at the Poly and it's an amazing resort. may be worth considering depending on how much they are asking per point.
@@DreadPirateDuo She's already bought Riv 😄 it's fine though, she really likes it, and we've talked about wanting to do split villa stays too. Seems to be an unpopular opinion but I really like the villas at OKW. Guess I'm 30 years older on the inside than I am on the outside. We seem to prefer the more subtlety themed rooms, and give me a corner bath with a peep through to the bedroom any time 😁. Glad you enjoy the Poly though! It's great that there are lots of options for different tastes
@@blackcountrysmoggie Enjoying the purchase is the most important thing :)
If you get tired of the Riviera (beautiful hotel, but sometimes a change in scenery is nice) consider Animal Kingdom Lodge (we prefer Kidani Villiage) with a Savannah view… it’s a nice change of pace to get up, sit on the balcony, and watch the animals in the morning.
Welcome home ;)
That's why I love the Grand Californian because, an imaginary masterpiece, it's the fake Rolex of the Lost Sierra Nevada Lodge that could have been - lost in time and space, all while staying in theme
I haven't been out that way as of yet, but I've heard good things about the Grand Californian.
We have also been members since 2001 my feeling on the poly tower is it’s going to be mostly studios because the points are so high now people are buying 100 point contracts and they want 2 weeks worth of stays. It’s a shame that they are devaluing the product. We were 5 people needing 2 rooms that’s why we did it and it has more than paid for itself over the years with 540 points our average cost is about $90.00. We only use it as home base now days and rarely go to a park since 2 adult tickets for a retired couple are just about $500.00 so these trips are mostly relaxing trips and we let the kids use the points when they want to go. At today’s prices I am not sure if the value is really there.
Hey Joe! Thanks for dropping by and sharing your thoughts. Based on plans that have been filed for permits, it looks like we're getting a range of rooms at the Poly Tower; just like at any other DVC Resort. There will be dedicated 2 and 1 bedroom villas as well as lock-off options. We'll also get Deluxe Studios and something they're calling a "duo studio" which is going to be smaller than a standard Deluxe Studio. So lots of variety coming to the Poly Tower once it's completed!
45K views, you're on a roll. I read about half the comments, seems like people are taking it in well and generally relating. Showing up in people's feed or in prospective buyer searches is exciting to hear. Hopefully it remains near the top for an honest perspective. DVC, like any other form of travel, your mileage will vary, I'm not surprised to see people fall more optimistic or pessimistic on the topic.
Yes! Honestly, the comment section has been the best part for me 'cause it's not all that often that you can have such valuable conversation in a comment section. You're right though. It seems like a lot of people are taking it well and relating. I'm hoping that it will be helpful to people thinking about DVC in the future. There's so much to think about so getting the gears turning is always a good thing. 😄
We have been members of DVC for more than 25 years. We have contracts at Old Key West, Boardwalk, Animal
Kingdom Kidani Village, and Lakeview Towers. We come every year and stay in at least a two bedroom room at each of our resorts, and stay for about three weeks total. It works for us and we really enjoy it. It’s not cheap, but we feel the accommodations at all our resorts are worth it.
What will the point/pricing be once DVC Poly opens sales???Our timing might be just right. If we decide to jump in later this year. Then I can buy resale later when our family grows. Much to ponder.
We don't have pricing yet, unfortunately. Hopefully soon.
I’m a DVC member and it’s worth it only if you buy resale. I paid about 9k for 75 points that let me stay for 10 nights on average in a studio each year. If you buy direct you’ll take forever before you actually start “saving money” on your trips.
Resale is tricky. While it can be a great way to go for some, there's a LOT to take into consideration. . . especially now with the resale restrictions on new contracts. The long and short of it: the perks and flexibility are just not there. While it might have been a good idea in the past, as we keep moving forward I do not think the value is going to be there in the same way.
@@2foolishmortals I’m trying to decide whether I should slowly trade out my resale points for direct points so I can stay at new properties as they are built. Would you buy in if you weren’t already a member at the current prices?
@@Itsrichardash That's not a terrible idea, especially if you want to stay at newer properties. . . . but I say that not knowing what resale contracts are going for right now. 🤔
You know, I'm not sure that we would, but that's mainly because none of the available or upcoming properties appeal to us.
Because so many are reading this trying to decide if DVC is right for them. Each resort has its own points chart and the number of points needed varies on the size of the room, the time of year, and the day of the week. Friday and Saturday nights are always higher. 75 points will not get you 10 nights in a studio at most resorts. For example at Grand Floridian the lowest number of points needed for a studio per night is 16 (Sept S-Th) and the highest Is 37 (F-S during Easter and Christmas weeks). So be sure to look at the point charts for the resort you are considering.
@@kathleenproctor5207 Thank you for adding this comment to the discussion! It's an important point to keep in mind.
Almost a decade ago I was adamant about the resort being on the monorail line or no sale. Got the Polynesian and we have since added on resale other places:) Wouldn't touch the Riviera at any price.
I am a resale member aka White Card. I have two contracts at SSR. You mentioned Poly new building, it has been confirmed at the association meeting that the Poly will be on the old Association and not a “new” association. So that building won’t be the full 50 years. Still longer than your 2042 resorts. For me the math worked on resale contracts. Yes, I know I lose out on some benefits.
great video I was a dvc owner for 14yrs I got disable in 2020 so i can't go on some of the attractions it was a good investment for me I lived in california flew to disney world every 6 mos i had the coast to coast pass good old days on passes I got to go to hawaii take a 15 day panama canal cruise lots of points on the cruise and only $95.00 dollars it was worth it when i sold my dvc I got all my money back pus interest I think I sold it within a week either way you like it or hate it you can sell it and get most of your money back disney has a policy were if the price is to low they have the right to refuse the sale and buy the timeshare back disney did that to me I still got all my money back except for the fees ok take care and safe travels
We own several DVC contracts and recently completed a Marriott Vacation Club tryout promotional stay. You just CANNOT compare the two - DVC is so much better - a league of its own. We called MVC in advance and asked for extra linens and towel for our stay. We made sure to make that request twice - it was NOT accommodated. We had to wait until roughly 1:30am to get them. There was one single elevator servicing one building with over 200 rooms. I asked for a ground floor but instead got "punished" with a 6th floor. The room was alright - not DVC quality. The pool and any sort of resort dining was a schlep to say the least. Everything was just meh - not what we are used to owning at DVC - the level of service, the prosximity, the amenities, the transportation - everything is a leg up even if you don't want to go to the parks.
Completely agree. We are DVC members also (Grand Californian, Aulani, Hilton Head, Riviera), but also checked out Marriott, Wyndham, and Diamond Resorts. Honestly, the deals we could get from those non-DVC properties were financially less expensive; however, when checking out the rooms, they just seemed like regular hotel rooms, bigger hotel rooms, or hotel rooms with a kitchen. They all lacked the touches that Disney provides for their properties. Whenever my family enters a DVC room, everyone “oohs and ahhs.” That’s the difference.
My In Laws purchased in ‘93 at OKW, bought 200 points under 20k and doubled the points years later for about the same price. Early 2000s they bought 150 points at Saratoga. All these purchases total under 75k. We go 5-8 times a year, I don’t think I would ever buy at this time.
It's definitely a whole different set of numbers nowadays compared to the 90s and early '00s! That's for sure. Thanks for sharing your thoughts. 😄
You also forgot to mention or talk about resale values. Some resorts are worth more on secondary properties such as the locations in California. However, the new resorts if they are sold on the resale market, the buyer may only use their points at that specific resort, they may not use them at the other DVC resorts. The older resorts on the market the resale buyer may use them at the other properties (just not the new ones). This lowers the resale value of those new resort contracts.
I'm with you on the DVC at Fort Wilderness I will never stay there, Disney is making a big mistake turning it into a DVC resort. I'm saddened from this.
I still feel so clueless 🙈 I rent dvc points often. 3 times this month already... would this be something "worth it for my family of 5?" I just can't seem to work it out in my brain how it all works... would it be recommended to buy someone's old contract? Anyone help??
Hi! Glad you found us. I'm sure you've got a ton of questions. . . . it's a big topic that can be tough to wrap your head around. 😅 I do have an entire Playlist of DVC related videos where we talk about a number of topics, including resale. That might be a good place to start and pop any questions you have in the comments. I'll be happy to answer what I can. 😀
Our family loves Disney and has for decades. We're now on the grandkids growing up with the Mouse.
I'm very grateful for your video and the time and research you have contributed to provide this to us!
Yes, DVC was a strong consideration, however, 30+ years ago, it wasn't an economical option for a young and growing family.
But, as luck would have it, I'm now eligible to stay at Shades of Green. Online, at least, it looks nice.
But DVC still seems to be an attractive option.
You've presented a very understandable approach, with economic comparables, such that, I might not have to be subject to a prolonged drubbing err sales presentation.
Thanks again!
Hello, I'm a DVC member since 2006 and also a Air Force retiree, so I've stayed at Shades of Green as well. Shades of Green is an excellent resort right next to two golf courses with decent food options. Having said that, Shades of Green could use a refurb sooner than later and I definitely lean towards DVC stays over SOG. Admittedly, this is an easier choice for me because I have DVC points to use, but now that I have stayed DVC and SOG to compare.... I'd probably still choose DVC most of the time even if I wasn't a member. I tell people all the time.... DVC isn't for everyone, but it's for us.
There are variables not taken into consideration when looking at the "rack rate" analysis. As a person that stayed off property to do the DIsney vacay & then rented points for yrs, I can say that staying on property has huge advantages that can affect the price point and some that dont translate to $ & cents per se. We use Disney transportation for everything; therefore we do not have need for a vehicle. This saves us TONS of money on either rentals and/or gas. Having a full kitchen saves us $ on meals and not something you can get when in a regular hotel room (so add on meals to that per day #). Now with the non-monetary advantages: With a washer/dryer we dont have to overpack and its a huge convenience. We once had Thanksgiving dinner in the OKW and it was an amazing holiday as we cooked everything and had space for everyone. We go to Disney more frequently now than we ever did before (2-3 visits per yr compared to the 1 trip when we werent DVC) And being on property gives us the Disney vacay experience without having to go to the parks if we dont want to. This saves us money, sure. But adds to the quality of the experience that cannot necessarily be quantified in $ & cents. Add on the aggravation & effort of having to schlepping back & forth to the parks. That alone was the major factor with us. We just rather be there than anywhere else so it just made sense.
Absolutely to all of this. We didn't cover all of it in this discussion cause we would have been here all day. 😆
It is convenient staying at Disney properties if going to the parks. I still find though that at least in recent times many of the Disney resorts are just standard room level at super inflated prices.
Hmm. . . . your comment has me thinking. 🤔 I've been staying a lot of places on property and a few off and I think I agree; at least in a number of cases. The location and convenience is really the main appeal.
Bought in 1995 as a resale and used to get free park tickets with each reservation. Once that ended in 2000, it was pretty much downhill. Home resort was OKW and Disney let those places deteriorate for a long time before rehabbing them. Dues have more than doubled to the point I would tell people to rent points for the price of the annual dues unless they are satisfied with a studio at the Sunday through Friday rate.the rooms at OKW are the largest on the property and having stayed in all the DVC resorts, it was clear that rooms shrunk after they built OKW. Riviera was my last stay and other than the pools, it was a disappointing stay with the top restaurant looking like a cafeteria. Realized that exchanging points for RCI exchange was not a good value nor was getting a non DVC room on property. Best stay was at Bay Lake because of proximity and Grand Floridian for class.
Yes! They let them go way WAY too long before refurbishing them and sometimes [OKW is a good example of this] the "refurb" doesn't do as much as it should to do the resort justice.
I haven't had the chance to eat at Riviera's table service yet, so I can't speak to it, though your description is certainly interesting. Thanks for sharing your thoughts. 😄
You sound like you don’t think OKW is deluxe because it isn’t in close proximity to the parks and you “gave it a pass” because it’s the 1st DVC. That is precisely WHY it is great! You can relax and enjoy yourself away from the hustle and bustle. It has lots of room and actually is a resort, not just a big hotel with long hallways of doors. I know I’m biased as we’ve owned there since 1994. You have your opinion as to what classifies as deluxe, I have mine!
Hey, thanks for your comment. 😊 No, I think OKW absolutely has the qualities of a deluxe including being walking distance from Disney Springs [though it's not necessarily what some might consider "walking distance" we still think it counts] and having the golf course. The point I'm getting at, and why I "give it a pass", is because it's the first of its kind and so as improvements were made and DVC developed into a better product, OKW might not meet the mark in the same way some newer properties do. . . . there's nothing wrong with that. However, as we draw comparisons I don't think it's fair to wag a finger at OKW in the a same way as other properties that have had decades to develop and reflect the needs/wants of current members/guests. Hope this clarifies things a bit.
What a great vlog👍🏻 We have been a DVC Member since 1998. People have to do alot of research and asking alot of hard questions for their families vacations🤔 In my opinion a blue card, direct sale, is not worth the cost. I would have people look into resale first then compare a direct sale contracts to see what would be their best option, for their vacation travels. It's is very hard to make a big investment in your travels without alot of hard research. Thanks for sharing 🤗
Thanks! I'm glad you enjoyed the vlog. You know, the biggest challenge with resale nowadays is the restrictions. It definitely changes the game and I'm sure that will be something people talk about a lot more in the coming years as we get some of these new properties on the market.
@@2foolishmortals As of now the only two properties that have any restrictions are the Riviera and soon to be Fort Wilderness cabins. All resorts BEFORE Riviera have NO restrictions of right now.
@@olafpamela Yes, currently only Riviera and Fort Wilderness have resale restrictions. The Poly Tower is also expected to have the resale restrictions as well [based on conversations I've had with DVC]. However, I think it's also important to keep in mind that resale points purchased after January 19, 2019 at other resorts will not be eligible for booking at these newer resorts. I know this is true for the Cabins and is likely also going to be the case for Poly, I'm not sure about Riviera. So it's a lot to think about if you're going resale and want access to ALL the resorts.
We're considering DVC but confused as to whether you can bank the points on alternate years? We're from the UK and more likely to do alternating years than each year so considering whether it could work for us? (btw we watch your videos all the time and love your channel, you're the creator we trust the most with info on WDW)
Hi! 👋 I'm sorry it took me a few days to get back to you. Have you seen our video about banking and borrowing points yet? If not, you can check it out HERE: th-cam.com/video/srdVlewC0Vk/w-d-xo.html
This might be a good place to start and, of course, you're more than welcome to ask any additional questions you might have and we'll be happy to answer them for you.
In terms of not being able to visit annually, DVC Membership can still work our for you. In fact, that's been the case for us over the years as well as some of our family members. Like I said, we get a bit more into it in that discussion I liked above. I hope that helps. 😄
P.S. Thanks! Were so glad to hear that you enjoy what we're doing here. ❤️
Well I feel educated indeed, I truly didn't think DVC members saved money, I thought it was all resort access, front of the line privileges etc,. When it comes to finances the details matter. It's interesting how non members talk about this versus members. I like your straight shooter approach 😀
Hey! Glad you enjoyed the video. Yeah, it can be a major savings for families who visit Walt Disney World somewhat regularly. Of course, prices have gone up over the years and perks aren't wha they were 20+ years ago when we became members. . . but we still think that it can be worth it for the right people.
It is interesting, isn't it!? That's one of the many reasons that we do things the way we do over here. We do our best to offer as real and honest a perspective as we can so that people get the information that they need. . . . . which is SUPER important when it comes to any type of big decision like this, but also travel in general.
Anyway. . . .
Have a great rest of your day! 😄
First and foremost Hilton Head is not near Disney World.
Secondly if you do not want to stay on Disney property then DVC is not for you. If you’re comparing it to non Disney hotels then it’s probably not the product for you because it’s not for people that want to stay off property.
DVC makes sense for the family that go to Disney annually or bi-annually & stay on property.
It would cost $10k for my family to stay in a 2 room villa Old Key West for a week. The DVC contract cost 25k + 3k annual dues. If you go 3 times it’s paid for itself.
Absolutely! I think for a lot of people, who are not members or are trying to get a sense of what DVC is, the goal of drawing the comparison to other hotel off-property is to try and gauge what the quality of the hotel is in comparison to something they are familiar with. The challenge is that this is really only half of the story, right? I mean, we didn't even so much as glance at the perks that appeal to a lot of people who stay on property, let alone DVC Members, like transporataion and convenience. . . .
Thanks for taking the time to comment and share your thoughts! Enjoy the rest of your day! 😄
Everyone has their own opinions on ‘value’. That’s the real harsh truth.
Its been a long time since our stay at the Polynesian and the overwhelming Motel 6 feeling that we experienced. Now we pride ourselves for engineering the whole week at Universal and Disney for the cost of one night at Disney. That buyer's remorse ride on the way home hasnt been missed.
Just finished your video. Very well done and enjoyed it. I agree with you from start to finish. Glad to have found your channel and look forward to your content. - Kenny
Hi Kenny, Thanks of much for your comment. Glad you found us and looking forward to seeing you in the comment section. 😄 -Kat
Just found your channel, thanks for the food for thought as my hubby and I are considering a direct DVC buy this year!
Hello and WELCOME! Glad you found us. Let us know if there are any questions you're tossing around. We'd be happy to chat about it. 😀
Maintenance fees in 2022 for Boardwalk were $8.08 per point 250 points cost $2,020 a years and it go's up every year...This is why you can pay less than $19 a point to purchase an older contract or rent them for $16 or less. People want to unload the contracts at a loss to get out of the cost of the fees. Their is a reason the resale marketers make a living and Disney repurchases discounted contracts to jack-up the prices. If you can not afford the high prices and visit every year or two, don't pay full price. WCDB
Spot on. Love my DVC membership. We go every couple of years
Thanks for commenting. 😄
13:02 Wow! This was such a well thought out and prepared video that answered so many questions I’ve had about DVC. I felt like I was in a class presentation.
In general, is it against Disney policy to use the term ‘timeshare’ when talking about DVC? This is the parallel I usually see online when DVC is discussed.
I think it was worth it to buy when you and I bought! I bought in 2002 (Beach Club), and still don't regret it! I also have multiple contracts. I love my Disney Grand California one, due to the fact that its a perfect location :)
It's your hard earned money and you can spend it anyway that makes you happy
Great video.
As I listen to this and other vlogs I hear the push/pull of Legacy DVC Owners with what Disney is doing. But, how much can Disney make keeping focus on legacy owners. Seems they have enough new buyers they're targeting with the new properties. Personally, I think Riviera is a great resort, and located next to Disney Springs (my evening spot, resturants..). There is something for everyone. As long as Disney continue to provide the environment to be entertained, relax and dine for the holiday season, am all in.
Yeah, the market is changing and Disney is adapting and maybe even driving that change from time to time. I get that, though I've got things to say about it. 😆
Thank you for all the great information! We are a family of 3 and we’ve thought about a DVC membership. Currently we are 10 minutes from Disneyland. We’ve never been to WDW but would like to go soon. We stay at the Disneyland resort hotels about 4-6 times a year on mini “staycations” not sure if a DVC membership is right for us if we stay local anyway, but wanted to know, in your opinion, how often would we have to vacation either locally or at the other properties to make DVC worth our while? Probably more to it than that but a rough idea would be appreciated. Thank you!
HI! 👋😄 That's a great question and one that I think a lot of people are probably wondering about too. If you don't mind, I'd love to get back to you in a video. . . it just might take about a week. I hope that's alright. Thanks for your understanding.
If you consume a lot of Disney hotels already and will to continue to do so you can spend less on those hotels with dvc. On the west coast the dvc rooms book fast though so can you plan 7-11 months ahead? If you can plan that far ahead it’s worth looking into at least.
There are people on the Dis Boards who have built spreadsheets that crunch the numbers for DVC stays. We, too, do short stay-cations at Disneyland Resort and after continually renting DVC points, we purchased DVC at the new Tower at the Disneyland Hotel. If we use our points wisely, it will enhance our weekend stays at DLR. We also own points at WDW and take long trips 1-2 times per year. We are very happy with our DVC purchase.😊
All the background noises throughout are hilarious. So magical! 😆
There's no escaping them! lol
Agreed with almost everything in this video.
I grew up staying off property. A lot of added convenience and other costs that can be passed on when staying on property. We recently purchased resale at Copper Creek. Two main factors went into it - 1) length of the contracts was more than double what we could get at BW or BC and 2) resale was 40% less than what buying direct would cost. The direct benefits we won’t get didn’t make for the savings.
Would be interested in your thoughts of the resale market for others. I cranked the numbers factoring inflation on the dues plus opportunity cost on the initial investment and it was still a deal though mush closer to break even if staying on property.
Just like with anything else [which I realize is going to sound like SUCH a non-answer, but hang in there with me] I think that the resale market can be good for the right people; particularly the people who understand what they're NOT getting when buying resale and are fine with it. In fact, there was a time [prior to 2019] when we were seriously considering adding on some resale to have a few more points available to us.
However. . . .
With the resale restrictions, it's another story. I wouldn't consider purchasing resale now and think anything who IS considering resale REALLY needs to think about how the restrictions are going to impact them. Don't forget, the resale restrictions apply to not only people buying resale at Riviera, for example, but EVERYONE who bought ANY resale after January 19, 2019. Of course, there are people for whom this won't be a big deal 'cause they're going to buy resale at the place they want to stay and they're golden. However, for those who buy in at a cheap resort and never stay there in favor of newer resorts or resorts in better locations, this is going to ultimately eliminate that as an option [particularly for the newer properties]. It's definitely something to think long and hard about.
This right here!!!!!! Thank you for your transparency!! I just found your channel , the algorithm gave you to me 😂. None of the TH-camrs I’ve seen who own DVC have ever stated all that you have said. My other thought is, perhaps they don’t want to be media blacklisted, so they keep it positive. I’ve sat in front of all the numbers since 2020 and I won’t pull the trigger yet. We lived in Florida our entire lives and moved away. So now it makes more sense to consider a purchase . I’m grateful for your honest review! This video needed to be made.
The additional issue is, we are AP, we travel down 3-4 times per year , our kids don’t come anymore but I would need a contract that allows me to stay that often . Will there even be that kind of availability even if I chose OKW or Saratoga and not a deluxe
Came across your channel via this video since we are considering a timeshare (DVC being in the mix) - appreciate the breakdown and honest info!
- side note - love your hoodie and sunglasses! Where did you get them?!
Hey! I'm glad that you found this helpful. 😄
Thank you! The hoodie is a National Geographic hoodie. I got it here at Animal Kingdom, but it was quite a while ago and I'm not sure that they have them there anymore. They may have them on the National Geographic site. There's also matching sweatpants! The glasses are Haunted Mansion glasses that I got right here at WDW. They are still around and can be found all over property. For the record, they have been through the wringer and are SOLID! I know people are usually hesitant to buy sunglasses from the gift shops at WDW, but these are worth it! 😄
We close on 300 points and have done this same calculation what a great video and hey the yearly fees are also tax deductible 😂
Great video! I'm a long winded detail person too ( I teach history lol). You are spittin' truth sister, and I appreciate the insights!
Hey there MrD! 😄 Thanks for taking the time to comment. We always appreciate it. Yeah, I know a lot of people have short attention spans nowadays, but we like to have conversations over here. . . . even if it take a little bit of time. Enjoy the rest of your day!
My home resort is the Grand Floridian and I always stay there. If I would have to stay at any other DVC resort, it would not be the Riviera.
It's a beautiful resort, but I haven't stayed in either the regular rooms or villas yet. Looking forward to hopefully soon. I've stayed at Riviera before for a short stay in a Town Studio and will likely stay again, just so I get the chance to see a standard sized room and stack it up against other DVC Resorts. It would not be my first choice for a full on vacation though. I think there are better uses of points.
A friend of mine passed away recently and left me her dvc points. I'm trying to figure out what I should do with it. There's a lot to consider with it, so thanks for the facts.
I'm so sorry for the loss of your friend. Glad that this can hopefully help you in figuring out what to do. 😀
Yeah I can’t say I disagree with any of this. I have 833 points half direct half resale at 6 different resorts. I won’t buy the new resorts mostly the price points are just way too high. I did buy a tiny 50 point VDH but I’ll never buy another resort with resale restrictions like riviera or the cabins. I also won’t buy any of the 2042 expiration resorts at this point.
I agree. Lots of these channels are resale “experts” many of them are bias because they work for a company. You can’t give your honest opinion when you’re getting paid to speak one way.
Refreshing to have an honest review.
Thanks!
Thank you so much for providing such detailed information. Are all of the resorts DVC? Asking because of the “not for you” “ for DVC” comment. I would not want to have a contract like Beach club then can’t book when I want to visit, that would upset me especially because that contract is likely more expensive. It also seems unfair that regular guest bookings can block DVC from reservations that’s so not ok. When I think about 30k for a car ok I can use it all day everyday but when I think of 30k for DVC I can only use it once maybe twice (yearly) something just seems wrong. Anyways enjoy yours!
Hi! 👋😄 Thanks so much for taking the time to comment. That a good question. To answer it: No. Not all resorts at Walt Disney World are DVC. There are Disney Vacation Club specific resorts that only have Disney Vacation Club Villas. An example of this would be Old Key West, Saratoga Springs and Riviera. There are also resorts that have Disney Vacation Club sections. An example of this would be BoardWalk and Beach Club. At both of these resorts, there are sections with standard rooms [designed for the general public] and then Disney Vacation Club Villas [designed for DVC Members]. This is why, when looking into staying at these resorts, you'll sometimes see something like "BoardWalk Inn" and "BoardWalk Villas" or "Beach Club Resort" and "Beach Club Villas". Another great example is Disney's Contemporary Resort [for the general public] and Bay Lake Tower [a Disney Vacation Club Resort]. Of course, there are other resorts that are not DVC in any way to include all Moderate and Value resorts.
I hope that answers your question.
It's very frustrating that DVC Members can be blocked out by regular guest bookings. That said, there is effort being made to prevent this from happening. . . . at least as often. That's according to DVC in the last Condo Association Meeting, but we'll see. Only time will tell.
@@2foolishmortals thank you for once again providing clear information. We love OKW I would hate to think we were blocking you guys out.
I love the work behind this video and maybe I have missed it. But I would love for you to do this based on Disney resorts that offer regular hotel rates and dvc villas. For example Animal Kingdom Lodge Jambo house where hotel side the rack rate for a savanna view is 818/night for the same day you site on this video may 18th, the DVC villa side has the same rack rate for a savanna view of 818/night but its points per night is 18 and if you take the same $14/point in this video that would be 252 a night. Which if you are one floor different in the case of animal kingdom lodge you are saving 566/night for a slightly bigger room as well. Now boardwalk the resort view inn side is 686/night and the dvc villa is the same 686/night but only 15 points for the night which is 210/night a savings of 476/night off of rack rate which people are paying on the inn side.
Blue card holder? I been a DVC member since 1995 have 3 contracts directly from Disney and no one has ever told me about this. Where can I get information on this
?
If you purchased direct and met the minimum buy-in requirements for points you would have received a blue membership card. [Those who didn't buy direct or did, but didn't meet those requirements reveive a white card.] This is what gives you access to your Membership Perks & Benefits. Now, since physical cards have been discontinued, it's reflected in the MyDisneyExperience App. You can find more information about Membership Perks and Benefits on the DVC Website.
This is the best “real” DVC video! So glad I found your channel! Thank you for the breakdown of the costs and your honesty. ❤
HI! 👋 I'm so glad you found us! Thank you so much for your kind words. ❤️ WELCOME! See you around!