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DVC Due

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Thu, 07/18/2013 - 11:07
Nish
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Joined: 06/19/2012
Posts: 15
DVC Due

I haven't been active on these forums since my trip to WDW last fall but thought the advice and community was great so here I am again! My now fiance and I got engaged at WDW in September on the train at Magic Kingdom, it was a fabulous engagement and vacation for the 2 of us! Our wedding is coming up in November and I couldn't think of the more perfect wedding gift for us to buy into DVC to continue our lifetime of memories mickey

I talked to a very helpful CM at DVC yesterday who got me the basics and the pricing I needed to see if I could afford to pull this off with a wedding and potential home purchase coming down the pike. One area I wasn't clear on was the dues. I am assuming they go up each year, but by how much should I expect? Also are they the same across the board for all properties or are they different depending on which property we buy at? I am considering the new Grand Floridian which I know some may try to sway me against considering the point use is high compared to the other properties. However for us the MK area is ideal and BLT is sold out already. The dues are $5.41 per credit which is over 5%, is that for all properties, and how much should I expect them to go up?

Thanks!

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Thu, 07/18/2013 - 13:14
Kristen K.'s picture
Kristen K.
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Joined: 09/01/2011
Posts: 23803

Dues cover the operating costs of the resort (employees, park transportation, housekeeping, animal care at AKL, utilities, etc.) as well as property taxes and some allocation for long-term repairs and upgrades. Dues vary by resort, and do go up every year. How much depends on a variety of things. Here is a look at the 2013 dues and how much they increased over last year.

Bay Lake Tower $4.4972 +6.52%
Grand Californian $4.5752 +5.77%
Aulani (Subsidized) $4.7716 +6.52%
Saratoga Springs $4.8129 +1.73%
Old Key West $5.3447 +2.71%
Beach Club Villas $5.6458 +2.57%
Animal Kingdom Villas $5.6749 +4.40%
Wilderness Lodge $5.7931 +3.27%
BoardWalk Villas $5.8409 +4.00%
Aulani (non-Subsidized) $6.2529 +4.90%
Hilton Head $6.0213 +1.55%
Vero Beach $7.4076 +4.09%

Thu, 07/18/2013 - 15:22
Nish
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Joined: 06/19/2012
Posts: 15

Thanks for the help!

Another question..I was talking to a couple co-workers today that own and have for a while. One told me definitely to go after resale to save money and have a choice for whichever resort you want. One told me to buy through Disney. He said the benefits aren't the same and there are more restrictions for resale. I know there are other threads that cover this and probably a personal decision, but by rule does it seem better as a first time buyer to go right from Disney even though I am paying top dollar?

Thu, 07/18/2013 - 17:16
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Skunk
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Joined: 02/13/2011
Posts: 442

The best "bang for your buck," by far, is to use DVC points to stay at a DVC resort, and points purchased in the resale market will allow you to do that. But if the ability to use DVC points to go on a Disney cruise or stay in a non-DVC Disney resort is important to you, even though the value you'll receive for your points is low " well, then you will have to buy your points from Disney directly.

BLT resale from Disney = $165/pt, On the resale mkt, BLT resale contracts go for around $100/pt

Thu, 07/18/2013 - 17:34
Kristen K.'s picture
Kristen K.
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Joined: 09/01/2011
Posts: 23803

It is a personal choice Nish.

Pure economics does make buying resale the more viable financial choice these days. That being said, I bought my original and my add on contract both through Disney directly. I'm not sure which I would do if I were to add on again. Money is tighter around here than it used to be, so I would probably look at resale.

 
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