Buying in

Discussion in 'UK DVC Discussion' started by scottishtom, Dec 3, 2018.

  1. scottishtom

    scottishtom Earning My Ears

    Joined:
    Mar 28, 2016
    Messages:
    1
    Hello, would appreciate your thoughts.

    My partner and I are considering buying into dvc (currently on our 5th visit in 4 years). We have been to the preview tour three times now, asked loads of questions and think we have gotten to grips with the overall system. However, there is some things we would like opinions on, if anyone on this forum can advise?

    Firstly, we have little interest in copper creek so would ideally buy akl. This is because we love Ssr and don't mind staying there frequently at the 7 month window. We will only ever stay in studios. Current prices for direct sale appears to be around about £116 per point (obviously exchange rate fluctuations influence this). We are thinking of 175 points, largely because that gives us around 2 weeks in a studio each year (give or take a day) at many resorts.

    According to our math we would stand to save about £9000 over 30 years by using an annual pass 11 months apart each year, this perk is not available with resale. Does this match people's real world experience? If it doesn't we should buy resale and save around 7k on the membership.

    Second, dining plan: we use it. We like it. We know it doesn't make huge financial sense but its its item which alters the calculations quite substantially. If Disney ever stopped providing free dining to UK guests it makes dvc instantly better value. Are there any times in recent memory when free dining for UK bookings hasn't been available or will this promotion go on for ever? (If so it makes dvc less attractive)

    Third we are in the fortunate position to be able to buy in more or less outright. We are considering though taking the Disney finance with a view to using it for 6 months or so, because we are hoping the Brexit situation may have been cancelled or somehow stabilized and the exchange rate might improve.

    Any advice (or general opinion) would be greatly appreciated!
     
  2. zavandor

    zavandor DIS Veteran

    Joined:
    Jul 22, 2011
    Messages:
    2,210
    Today money are worth more than "30 years from now" money. So the 2k difference over 30 years doesn't seem enough to justify to buy direct. Especially so if paying 7k more now means you have to finance it, even for a short time.
    Why AKL? Booking there is not difficult most of the year and you said you like SSR; so you could buy SSR for an even cheaper buy in and cheaper MF. If you travel in the summer, a very slow time for DVC, it shouldn't be difficult to book other resorts. I've been pretty successfull during my 6 years of membership, even if booking a studio is getting more and more difficult as time goes by.

    Another possible approach is a mixed purchase.
    Buy now a 100 points resale contract. It is on the smallish size, so you might have to pay a bit more per point, but not as bad as 25 - 50 ones. Then start using it, maybe borrowing for the first stay so you could have 200 points to use. Or even better search for a loaded contract with banked points.
    Then, after you've saved more money, buy 75 points direct, which are enough for the direct perks.
    You would save money twice because you would buy most of the points resale and would not finance the purchase. You would have to pay double closing and a premium for the small-ish contract, but it's still worth it.
     
    Last edited: Dec 7, 2018
    jackieleanne likes this.

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