Me and my wife have been contemplating purchasing DVC for some time now. We are both 40yo with one 4yo daughter. We would be able to purchase points without financing, but we have a few questions about buying resale.
First one is, and I’ve seen it asked before, but in older threads from 2012-2016. Why drop the money to own, when I can rent for not much more than my annual dues will be. I’ve seen dues for 150 points run about $1000 depending on resort. I can rent enough points for a trip for $1500, the $500 savings will take years to break even, or am I missing something?
Next dilemma is, we are partial to the Boardwalk resort for many reasons. Does it make sense to buy there for approximately the same price as other resorts considering the lease ends in just over 20years? If my family gets 20 years out of it great, but then it’s gone, no option to resell it then.
If we buy in another resort how difficult is it to book other resorts 7 months out?
Any help or input would be greatly appreciated.
First one is, and I’ve seen it asked before, but in older threads from 2012-2016. Why drop the money to own, when I can rent for not much more than my annual dues will be. I’ve seen dues for 150 points run about $1000 depending on resort. I can rent enough points for a trip for $1500, the $500 savings will take years to break even, or am I missing something?
Next dilemma is, we are partial to the Boardwalk resort for many reasons. Does it make sense to buy there for approximately the same price as other resorts considering the lease ends in just over 20years? If my family gets 20 years out of it great, but then it’s gone, no option to resell it then.
If we buy in another resort how difficult is it to book other resorts 7 months out?
Any help or input would be greatly appreciated.