James Bond re: timeshares.
Posted by
David (aka David)
Oct 20 '17, 11:52
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Here's the thing. I made that as a blanket statement before remembering that you're close to Disneyland. Your situation is a bit different. I actually write about the Disney Vacation Club (DVC) for two sites officially and one unofficially. I'm glad to help in any way if you consider it. Here are some general thoughts about timeshares:
1)They're a terrible idea in execution.
2) The maintenance fees increase so shamelessly that you're paying for 20-30% of a hotel room anyway, even though you technically "own" there.
3) The last time the stock market crashed, you could buy a timeshare for a dollar on eBay. There were literally thousands of listings. You may still be able to do that today. That's because so many people just want out.
4) Disney is different. Their timeshares have increased in value consistently, which NEVER happens.
5) DVC started at $48 per point in 1991. The cost is over $100 for virtually every property on the resales market today. So, unlike regular timeshares, DVC is an investment.
6) You can use DVC to exchange points on the RCI exchange, which has literally hundreds of participating hotel properties around the world.
7) You can also use DVC points on Adventures by Disney, which are cruises and other vacation itineraries at exotic locations.
8) You can buy DVC points for less on the resales market. You lose some of the benefits, though.
9) Upon reflection, I'm not sure DVC is for you since it's primarily of value for frequent visitors to Walt Disney World.
So, I'd argue that groiny is right. You're better served just building your own vacation plans. Having said that, I can put you in touch with a direct DVC salesperson or a DVC resales agent (I'm closer with the latter) if you're interested. I also write for a travel agent if you want to set up a more generic trip.
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