We joined the club finally!

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Joined: 07/19/2013
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We joined the club finally!

After a false start 2 years ago, and after much consideration, we just purchased a DVC direct contract. We were undecided about it until we saw the current promotion where Disney is throwing in extra points based on how many you buy.

So, we bought points at the Poly (our favourite resort) and with the extra points Disney threw in, it works out to $156/pt. which is what it was about 4 years ago. Considering that the Poly is selling for about $148/pt. on resale, we feel great about buying direct. Yeah, we want those blue cards and everything.

We're in Canada and the process is so easy with direct. We'll have our membership IDs on Thursday. biggrin

So, if you're looking for me, I'll be up in that DVC lounge in Epcot sucking that Coke machine dry!

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Joined: 10/20/2012
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congrats
The Poly is the best!

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Awesome! Congrats!!! clapping clapping

Welcome Home!

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That's awesome, Ken! Congrats to you and Jan!

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AWESOME! yay yay yay congrats guys mickey
welcome home

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Thanks everyone!

Truth be told, I'm STILL not 100% convinced about how this really works out financially, but based on how frequently we go and the fact that we stay deluxe, I think it makes sense. Plus, it does feel good to be part of the Disney club. My only concern is how much annual dues will go up and what they will be like in a few years. I saw some sort of ammortization chart that put the dues up near $10,000 a year based on 3 percent increases per year.

Anyway, the way I figure it now is that if we don't like it in a few years after the break even point, we just sell the contract which at that point will be profit no matter what it sells for.

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KenJ wrote:
Thanks everyone!

Truth be told, I'm STILL not 100% convinced about how this really works out financially, but based on how frequently we go and the fact that we stay deluxe, I think it makes sense. Plus, it does feel good to be part of the Disney club. My only concern is how much annual dues will go up and what they will be like in a few years. I saw some sort of ammortization chart that put the dues up near $10,000 a year based on 3 percent increases per year.

Anyway, the way I figure it now is that if we don't like it in a few years after the break even point, we just sell the contract which at that point will be profit no matter what it sells for.

I love being part of the club too! That's really why we joined lol. We stayed at Values so it'll take us much longer to reach the break even point. I think it makes sense for you guys mickey We also figured that annual dues increase every year but so do room rates so it balances out ( at least that's what we tell ourselves laugh )

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Joined: 03/23/2013
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Congratulations and welcome to the DVC club awesome

With regards to the dues, I'm not sure how many points you bought, but I don't think it will come anywhere close to $10,000. confused

Again, congratulations and enjoy your new home mickey

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congrats that is fantastic! I am sure you will enjoy the benefits that it brings mickey awesome yeah

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Spook wrote:
KenJ wrote:
Thanks everyone!

Truth be told, I'm STILL not 100% convinced about how this really works out financially, but based on how frequently we go and the fact that we stay deluxe, I think it makes sense. Plus, it does feel good to be part of the Disney club. My only concern is how much annual dues will go up and what they will be like in a few years. I saw some sort of ammortization chart that put the dues up near $10,000 a year based on 3 percent increases per year.

Anyway, the way I figure it now is that if we don't like it in a few years after the break even point, we just sell the contract which at that point will be profit no matter what it sells for.

I love being part of the club too! That's really why we joined lol. We stayed at Values so it'll take us much longer to reach the break even point. I think it makes sense for you guys mickey We also figured that annual dues increase every year but so do room rates so it balances out ( at least that's what we tell ourselves laugh )

Thanks everyone!

I've read online that the resort prices are going up a little more than the rate of the dues so it should work out in the wash. crossfingers wink

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Emilio wrote:
Congratulations and welcome to the DVC club awesome

With regards to the dues, I'm not sure how many points you bought, but I don't think it will come anywhere close to $10,000. confused

Again, congratulations and enjoy your new home mickey

Thank you!

I believe that was what it might be after the full term of the contract (50 yrs) assuming the same annual increase year after year. Hope my income goes up the same! lol

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JanJ wrote:
Emilio wrote:
Congratulations and welcome to the DVC club awesome

With regards to the dues, I'm not sure how many points you bought, but I don't think it will come anywhere close to $10,000. confused

Again, congratulations and enjoy your new home mickey

Thank you!

I believe that was what it might be after the full term of the contract (50 yrs) assuming the same annual increase year after year. Hope my income goes up the same! lol

Yeah, it was over the life of th contract. I don't care really... I'm too excited!

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I really can't believe how easy a direct purchase is...

We called DVC on Saturday, told them how many points we wanted and gave a deposit and closing costs on the credit card.

We got home from work today (Tuesday) and this package was waiting for us. We also received our IDs and points in our account. We now have access to the DVC site and can already book stuff. Unbelievable!

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I want that bag! eek

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yay clapping yay clapping
Welcome Home! Let the planning begin!

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Spook wrote:
I want that bag! eek

Well, I just happen to have 2 of them. This new one and one never used from our false start a couple of years ago. Drop by on your way home and I will gladly give you one. I'm not kidding! wink

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Eeeek that is soooooo exciting! I'm beyond jealous! yay

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JanJ wrote:
Spook wrote:
I want that bag! eek

Well, I just happen to have 2 of them. This new one and one never used from our false start a couple of years ago. Drop by on your way home and I will gladly give you one. I'm not kidding! wink

eek seriously?

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KenJ wrote:
I really can't believe how easy a direct purchase is...

We called DVC on Saturday, told them how many points we wanted and gave a deposit and closing costs on the credit card.

We got home from work today (Tuesday) and this package was waiting for us. We also received our IDs and points in our account. We now have access to the DVC site and can already book stuff. Unbelievable!

You're like a big boy with a new toy!

JanJ's picture
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Spook wrote:
JanJ wrote:
Spook wrote:
I want that bag! eek

Well, I just happen to have 2 of them. This new one and one never used from our false start a couple of years ago. Drop by on your way home and I will gladly give you one. I'm not kidding! wink

eek seriously?

Yes, seriously. Or I can express post it to you once you get home.

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MrHub wrote:
KenJ wrote:
I really can't believe how easy a direct purchase is...

We called DVC on Saturday, told them how many points we wanted and gave a deposit and closing costs on the credit card.

We got home from work today (Tuesday) and this package was waiting for us. We also received our IDs and points in our account. We now have access to the DVC site and can already book stuff. Unbelievable!

You're like a big boy with a new toy!

Yep! awesome Except, this time it's a toy that Jan likes too. biggrin

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Great news guys! I love being a part of DVC too. muchlove

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Well, the timing of this DVC purchase is good because our 25th anniversary is next year. So we have decided to use some DVC points and do a special trip to Disneyland and then a stay at Aulani in May. This will be very exciting as the last time I was at Disneyland was when I was 7 years old. I was in Honolulu once too as a kid but only for 3 days. I'm looking forward to seeing DL again and spending some time in Hawaii.

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Sounds like great plans. mickey

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KenJ wrote:
Well, the timing of this DVC purchase is good because our 25th anniversary is next year. So we have decided to use some DVC points and do a special trip to Disneyland and then a stay at Aulani in May. This will be very exciting as the last time I was at Disneyland was when I was 7 years old. I was in Honolulu once too as a kid but only for 3 days. I'm looking forward to seeing DL again and spending some time in Hawaii.

I can NOT wait for this trip report!!! eek eek muchlove muchlove

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Allie wrote:
KenJ wrote:
Well, the timing of this DVC purchase is good because our 25th anniversary is next year. So we have decided to use some DVC points and do a special trip to Disneyland and then a stay at Aulani in May. This will be very exciting as the last time I was at Disneyland was when I was 7 years old. I was in Honolulu once too as a kid but only for 3 days. I'm looking forward to seeing DL again and spending some time in Hawaii.

I can NOT wait for this trip report!!! eek eek muchlove muchlove

There will definitely be a TR for this one. cool

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KenJ wrote:
After a false start 2 years ago, and after much consideration, we just purchased a DVC direct contract. We were undecided about it until we saw the current promotion where Disney is throwing in extra points based on how many you buy.

Whoo hooo! Congrats and welcome home. muchlove

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Welcome home!

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Thanks! Smile

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Yay, we received our membership cards today. biggrin

Can't wait to use it to get us into TOTWL and the member lounge at Epcot. clapping yay clapping

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JanJ wrote:
Yay, we received our membership cards today. biggrin

Can't wait to use it get us into TOTWL and the member lounge at Epcot. clapping yay clapping

clapping clapping yay yay clapping clapping

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