DVC:Buy, resale, or rent
February 18, 2016 Leave a comment
I lately got the Disney Vacation Club(DVC) bug. I really wanted to buy-in, but I’m pathologically cheap. I did the math which I have included for you below. Fact is, even with Consumer Reports’ blessing, it is not a “good” buy. At least not if you buy from Disney.
My purchase numbers are based on 100 points. Disney price per point and fees are listed. Resale purchase points were assumed to be $75 per point, which is really too low to exist in the wild for these resorts. All fees and prices are based on 2016 figures. The fees were assumed to increase an optimistic 2% per year. I used the same rate of increase for the 10 years rent.
Name Studio-Low Yearly Fees PP Disney PP Daily Rent Contract end Polynesian 16 $6.09 168 224 2066 Grand Floridian 17 $5.52 170 238 2064 Bay Lake Tower 14 $5.05 170 196 2062 Beach Club 15 $5.97 155 210 2042 Boardwalk 10 $6.07 155 140 2042 Ft Wilderness 15 $6.03 155 210 2042
Name 10 years of fees Total Disney Total Resale Polynesian $6,668.38 $23,468.38 $14,168.38 Grand Floridian $6,046.00 $23,046.00 $13,546.00 Bay Lake Tower $5,530.05 $22,530.05 $13,030.05 Beach Club $6,542.24 $22,042.24 $14,042.24 Boardwalk $6,650.31 $22,150.31 $14,150.31 Ft Wilderness $6,597.32 $22,097.32 $14,097.32
So what if we just rent DVC points? The going rate seems to be $14 so that was the number used for 2016.
Name Weekly Rent 10 years Polynesian $1568 $19,080.55 Grand Floridian $1666 $20,273.08 Bay Lake Tower $1372 $16,695.48 Beach Club $1470 $17,888.01 Boardwalk $980 $11,925.34 Ft Wilderness $1470 $17,888.01
Resale appears to be the way to go in most cases up to about $125 per point. The exception is the Boardwalk where it appears to be cheaper to rent.
Now if you camp at Ft. Wilderness, like we do, all this just proves that camping/RVing can’t be beat price-wise. The 2017 cost for an RV space comes in at $466.90.
I won’t swear by these numbers as I just put them together. Making this post pointed out several weaknesses. Please feel free to double check and point out errors. I hope you find this helpful.
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