MouseTraveler wrote:UnbalancedLibra wrote:Okay, I see...so the initial 'problem' is coming up with the $23,000
I've seen heated discussions regarding this - some people take out loans and some people think that is a huge no -no because this is a luxury purchase. If we'd do this, we would not take out a loan, so I'd have to save to make the initial purchase...that means 2 years or so with NO WDW vacation
It would be worth it though, for us, I think. First of all, we are a large family - at least 6 of us go every year, so villas are best to stay in. Over the last 2 years we've probably spent a good $12,000 on vacationing and this next year I am already looking at prices of $5,000 - $6,000 for 7 days - but tat includes park hopper passes, etc.
So, once you buy points, assuming you pay for them out right, when you vacation you basically have to budget for food and park admission...plus the yearly maintenance fees...
Yeah, the 23 grand would be a pain.
But consider this. What if you bought your points on the secondary market at a discounted rate, and didn't have to buy them all at once?
Check out this website.
http://www.dvcbyresale.com/
You can buy points now at some place like Vero, for as little as $60 a point, and on property (say at OKW) in the low to mid 70's.
Your Vero points would be just as usable at WDW as any other point, you just can't make your reservation as early. (You can book 11 months in advance at your home resort, 7 at others, I think)
So if you had a two year plan, and bought a hundred points or so at Vero this year, you REALLYYYYYY stretch them for use at WDW this year, maybe using less accomodations.
Then, the following year, you pick up another hundred or so at a Disney property for a little more per point.
In two years, you've got the same number of points, and you've saved probably 25-30% or more on your costs.
The Vero thing is not that bizarre. We have two friends from the UK that have Vero points AND others, and they use them for everything.
Okay, so I purchase 160 points on the resell market for $60/point ( as an example) and pay $9,600 - now I have 160 points to 'spend' for vacation. I use them. Next year I buy another 160 points at $60 - I know have a total of 320 points to use yearly?