Does/Has anyone ever owned a Disney Vacation Club Timeshare? It is based on a point system with no blackout dates, 50 yr deed, cost is a little over 20k for 225 pts. We can also use it to travel to many destinations all over the world, including cruises. We enjoy staying at Deluxe Disney Resorts and would also like to travel to Europe or the Caribbean. Is it worth it? Is it difficult to sell in the long run? Please provide me with as much insight as possible.
2007-11-25 10:12:17 · 7 answers · asked by Anonymous in Travel ➔ Other - Destinations
Timeshares are almost impossible to resell, unless you discount them at least 50%. They are not an investment, but rather they are puchasing future vacations now!
Research carefully before you spend your money, and do not expect to be able to resell the timeshare if you are not happy!
Good luck.
2007-11-25 10:22:45 · answer #1 · answered by fire4511 7 · 2⤊ 0⤋
I think it's too expensive. The current price to purchase ownership in the DVC, from the DVC, is $112 per point with a 160-point minimum. You use these points to "spend" on your vacation accommodations. The time of year, the resort chosen and the size of the unit will determine how many points are necessary. There are also annual dues. Something to think about: unlike traditional timeshares, your Disney Vacation Club membership, for most properties, ends on January 31, 2042. Membership at Saratoga Springs Resort and Spa will end on January 31, 2054, membership at the Animal Kingdom Villas will end on January 31, 2057 and the new Bay Lake Tower ends in 2060. Although you are buying a "real-estate interest" and your purchase is actually deeded, your ownership ceases to exist after these dates. Check it out very carefully before you decide to make the "investment". :o)
2016-04-05 22:11:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
BUYING A TIMESHARE
Time-sharing can be an affordable way to own a vacation home. Before you buy, you should be able to answer YES to all these questions:
* Are you POSITIVE you want to spend ALL your vacations there?
*Have you visited the facility?
*Are you satisfied with its quality, with the stability of the management, and with the terms of the contract?
*Have you talked to some long-time owners in this time-share facility?
*Can you afford both the facility and the round trip travel costs each year?
DO NOT BUY IF:
* You want to rent out the facility.
* You plan on reselling it.
* You plan on exchanging vacation sites frequently.
2007-11-25 15:19:45 · answer #3 · answered by Anonymous · 1⤊ 0⤋
all the people i know with timeshares never use them, so think wisely before you buy! if your interested in a new way to vacation i suggest looking into a cruise, i just got back from my first...now thats the only way i'll vacation!!!
2007-11-25 10:26:55 · answer #4 · answered by gette_zoe 4 · 2⤊ 0⤋
I have a timeshare from worldmark/wyndham. I think they are totally worth it as long as the payment is around $120 a month.
2007-11-25 10:21:21 · answer #5 · answered by bushnana 6 · 0⤊ 1⤋
Yes its worth it especially if you travel alot We bought a timeshare last summer
2007-11-25 12:23:02 · answer #6 · answered by =]] 3 · 0⤊ 3⤋
yes the vacation is off the change
2007-11-25 10:16:09 · answer #7 · answered by LadyA-HCT 2 · 0⤊ 1⤋