I am thinking of getting a timeshare at Disney resorts. One time - 45k for 250 points yearly and at the Hawai’i location. Annual dues are 2k. Contract is for 60 yrs. Is it worth it?

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I own two contracts, one direct from Disney and one resale. The resale contract was about half price. I still get the DVC perks because I bought one of the contracts direct from Disney. Do you plan to go to Aulani each year? I wouldn’t buy HI points with the intent of staying in FL each year. The advice is usually to buy where you want to stay. Also, I imagine FL points are easier to rent out. If you want to use points for other vacations such as cruises, you can’t use resale points. I agree with the advice already given about buying two smaller contracts. They are easier to sell down the road. I’ve had DVC about 10 years and no regrets!

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Thank you 🙏

We’ve been looking into Aulani as well, but assuming you’re buying resale, you’re overpaying. $45k for 250 points = $180/point. Listings are for about $130-140/pt right now, but they are going for about $110/pt from the offers I’ve made. Prices have also increased since January of this year. I was told earlier in the year not to pay more than $100/pp, but that’s won’t happen now in a sellers market. Join some DVC boards/groups online and do your research so you don’t overpay. Dues are $8.35/pt right now but I heard they increase 5-8% each year. If there’s a hurricane… who knows how much they’ll be. We’re thinking of continuing to rent DVC points for our trips instead of buying.

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Do you really want to do the same vacation for the rest of your life?

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Ask Clark Howard what he thinks of timeshares. In addition to what’s been said already, they are notoriously difficult to get out of. Clark even recommends naming the timeshare company as the beneficiary of the timeshare, so that when you pass your beneficiaries aren’t burdened with it.

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that sound like my nightmare but you do you girly

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Man-y

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I think Disney is a hell hole. I literally wanted to bang my head against the wall the one time I went as an adult. I could not get out fast enough. I truly don’t understand why anyone without small children would choose to ever visit there. Go to Europe! Take a trip down the Pacific Coast Highway! Epcot is not a cultural experience!!! Someone please tell me how someone over 10 could enjoy that place!

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I love Disney and absolutely feel as though Disneyland is my happy place. That being said 1 trip every 3-5 years is perfect to keep the magic alive and I would never buy into DVC. I have looked at it to understand it a little. Renting points makes sense to me.

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Lol 😂 is this a joke thread?

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The “60-year contract” wasn’t a red flag huh?

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People shouldn’t answer who don’t know. I did the math and I do in fact own some DVC points. It is not a timeshare but a point system that you get new points every year - can be sold, traded, or used at Disney locations plus resorts at Hilton head, vero beach etc. the upfront cost is high (I bought 12 years ago) but a comparable room at one of these resorts is about $550 a night. The break even point is about 5 years if you do a Disney vacation at most cost effective location (Disney world) each year. With rising cost of hotel and resorts it is worth it if you are going to go to Disney each year. If you are not a Disney person it’s not an investment as if your looking to sell the points and go every few years your break even will be much longer like 15 years. So again in conclusion worth it if a Disney person even if only say the next 10 years (assuming young kids) as will get you nicer bigger rooms on property for larger family trips. But if single and looking for an investment look elsewhere.

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We found the salesman

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So I’m a HUGE Disney fan. I know every park and resort like the back of my hand. I was going to purchase into DVC. But! It’s cheaper to rent the points from a DVC owner. No upfront outrageous “investment” and no yearly fees.

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I’d pass, while it seems attractive today, you will make a lot more money down the road and want to stay in better places. Trust me, you will be looking to unload it in under 10 years.

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People still buy timeshares?

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Oi

60 years? Is that a typo? I have a headache thinking about this

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Aulani contracts expire in 2062, so about 40 years left. All DVC contracts have 50 years from when the resort first opens. Not sure where the 60 years is coming from… unless you think it’s 2002?

hard to believe that any 60-year investment is worthwhile

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Also know that it can be really difficult to book away from your “home” resort at certain times of the year due to the booking window rules. So if you’re planning on most of your trips being to WDW or DL, you should buy at one of the properties there (particularly one you will consistently want to stay at). If you want to go to Hawaii every year, then buy Aulani (but there’s probably more reasonable, non-Disney timeshares out there).

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We paid cash in 2012 at Bay Lake for $82/point resale. We tend to visit Disney annually so it has been well worth it for us. I would love to add more points but not at today’s prices. We do plan vacations far out which helps with booking. My husband threw out going to Disney for two nights before our early December cruise. I literally could only get one night in a studio or 1br at any of the resorts, six months out. I think Aulani points expire in 2062 so it’s only 41 years left on the contract. If you decide to go forward, give the resale market serious consideration. Disney has added limits to what you are eligible for based on direct/resale prices but many people do not find the differences compelling enough to spend the higher direct cost. Alternatively, you could buy the minimum # of points direct for full benefits and purchase the remaining points resale to save $ and still have full benefits. You would just want to have the same use year on all contracts to make it easier. Lastly, 250 points is considered a larger contract and you are not able to split it if you decide to sell down the line. Sometimes it might make more sense to buy multiple smaller contracts for flexibility (some reasons I have seen are people selling, splitting between kids, divorce).

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Florida is sinking in 60 years time

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Hahah this is not Timeshare in FL that I am talking about. It’s Hawai’i

Hard pass

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Please don’t

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Go put your money in a REIT instead

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While some have calculated it worked for them so far, there is no guarantee that park will be properly maintained, updated, or even exist (hurricanes, rising water levels, etc) for 60 years, no guarantee Disney would still be in business - likely, but weird things happen, no guarantee that the policies, like no wait lines won’t change or be eliminated, and definitely no cap on what that annual maintenance fee could increase to. As for renting your time to others, I had a bad experience renting someone’s weeks (not a Disney property) when the management company kicked me out with one day notice claiming the “owner” had not, in fact, reserved the room over a 4th of July weekend. Of course, she had but I couldn’t reach her in 24 hours and they were threatening to have police escort me out. Clearly they had overbooked with “owners” and chose not to honor my reservation. The owner was very angry at them and sorry for what I had to go though, but nothing could be done. 60 years is a long time to expect it keep being a nice place with nice benefits, and still somewhere you’re interested in being.

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DVC is not a true time share in the way many here are thinking of it. I own DVC points and have not had a single regret! We’ve vacationed a number of places and at different times during the year. In years we didn’t think we could use the points..we easily sold them. There’s also a market for the points themselves if you find you want out. My only concern fir you would be buying points in Hawaii and if they still have a rule you need to stay at “home” resort at specific intervals. Good luck with your decision!

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Thank you!

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