Regrets?

[Olie1028]

Do any of you have regrets buying DVC and what aspect have you found the most challenging?

 

[erionm]

Members since 2007 and no regrets.

 

[Minniemoo15]

No regrets at all! The most challenging part for us has been the pandemic and our closed border (Canadian) … but we were able to rent out some points to make some money and then bank the rest for really epic 2022.

 

[JETSDAD]

No regrets here. I did a lot of research in advance and had rented points a few times to see what the rooms were like though. Some booking categories can be hard to book and some times of year can also be hard in general but I knew that going in and I kind of enjoy the challenge lol.

 

[gregskellington]

Obligatory I regret not buying when points were priced at approximately 4 pennies per point.

 

[kanerf]

Nope, your first stay in your villa after a hectic day in the park will convince you.

 

[DarthDadMan]

Nope. About to take my brother's family with us next week. Never would have happened without buying in. That alone is worth it.

 

[cellomom]

No regrets owning DVC Wish we had bought in years ago

 

[JGINPL]

No regrets. Just wish I would have known more about when the direct perks was at 25 points

 

[Vulnox]

Yeah new member so I should be closest to that buyers remorse period, but I only have two regrets:
1. I didn't buy RIV when we first toured in 2019 when it was something like 185/pt before incentives, which I think would have brought our 200 point down to 160ish? Basically current resale point territory. Also missed the summer sale in 2020 where it also hit a maybe historical low (aside from what some very early current DVC owners were able to get back in mid 2019).
2. That even our plans for February to finally stay with DVC seem to be falling apart with the ongoing pandemic, may not qualify as a regret, more just general disappointment.

It's not perfect, yeah you could throw $25+k in a decent yield account and in 30 years blah blah blah. It's a largely emotional purchase I guess, but my wife and I analyze all our financial decisions to death. It takes us a good number of vendors and time to pick out windows for our house and roofing and whatever else. I have probably spent hours researching DVC, and you can find people that put together calculators that show how DVC isn't a good purchase, but they always make that based on what we know about costs right now. When a more useful (although not perfect) evaluation is looking at long term members and their benefits. Aside from members here, my wife's boss has been with DVC since the first resort was offered, and she goes every year. Yeah she got in at $80/pt or whatever it was back then, and adjusted for inflation it's not a 1:1 to $80/pt today. But compared to cash rates it is no contest. Hopefully (I guess?), if cash rates keep climbing like they have since she joined, even our much higher cost RIV purchase will look downright bargain price in 30 more years.

 

[skippytx]

No regrets owning so far, but I will admit some of the "shine" has worn off lately. I'm still getting a great deal on DVC rooms which is the real reason I bought in, so we're still pretty satisfied with everything.

I do feel pretty lucky that we got in with 160 BLT resale points about 5 years ago (125/pt) and qualified for direct perks with only 25 points.

Happy we bought into DVC when we did, but I don't know if we would buy in today.

 

[La2kw]

Bought OKW in 2000 and haven’t regretted it once, even though we haven’t used it at WDW for years.

 

[dez1978]

Yeah new member so I should be closest to that buyers remorse period, but I only have two regrets:
1. I didn't buy RIV when we first toured in 2019 when it was something like 185/pt before incentives, which I think would have brought our 200 point down to 160ish? Basically current resale point territory. Also missed the summer sale in 2020 where it also hit a maybe historical low (aside from what some very early current DVC owners were able to get back in mid 2019).
2. That even our plans for February to finally stay with DVC seem to be falling apart with the ongoing pandemic, may not qualify as a regret, more just general disappointment.

It's not perfect, yeah you could throw $25+k in a decent yield account and in 30 years blah blah blah. It's a largely emotional purchase I guess, but my wife and I analyze all our financial decisions to death. It takes us a good number of vendors and time to pick out windows for our house and roofing and whatever else. I have probably spent hours researching DVC, and you can find people that put together calculators that show how DVC isn't a good purchase, but they always make that based on what we know about costs right now. When a more useful (although not perfect) evaluation is looking at long term members and their benefits. Aside from members here, my wife's boss has been with DVC since the first resort was offered, and she goes every year. Yeah she got in at $80/pt or whatever it was back then, and adjusted for inflation it's not a 1:1 to $80/pt today. But compared to cash rates it is no contest. Hopefully (I guess?), if cash rates keep climbing like they have since she joined, even our much higher cost RIV purchase will look downright bargain price in 30 more years.

I'm with you. We did buy tho in Jan 2020 so I think we paid 176pp (maybe) I can't remember the exact but we got the incentives and such. Looking at the cost (including the discount that just came out) of a studio now, it'll take us about 4 maybe 5 trips to have gotten our money's worth out of it. I priced a studio earlier and it was 650 a night with the discount. And it will only go up. So I guess my only regret is that we didn't know this existed earlier? Or that I was never able to get that cheap DVC priced AP lol

 

[pianomanzano]

My only regret is buying a December UY when our daughter’s birthday is in November (it was such a great deal on a loaded contract!). Not that we only plan to go then. Perhaps we'll just add on a small contract with a better UY for birthday trips!

 

[Vulnox]

I'm with you. We did buy tho in Jan 2020 so I think we paid 176pp (maybe) I can't remember the exact but we got the incentives and such. Looking at the cost (including the discount that just came out) of a studio now, it'll take us about 4 maybe 5 trips to have gotten our money's worth out of it. I priced a studio earlier and it was 650 a night with the discount. And it will only go up. So I guess my only regret is that we didn't know this existed earlier? Or that I was never able to get that cheap DVC priced AP lol

Yeah I should say learning about it earlier would have been nice. There was a point a little over ten years ago where my wife and I were living in Kansas and both made good money, well before kids or our first house, where we could have bought DVC for maybe $50/pt less and had something better to do with our DINK money than eat out at restaurants all the time and that. But I wasn't even introduced to DVC until about 2019. Oh well.

 

[davidl81]

We love it, no regrets at all. But you will not save money on vacations with DVC. You will end up getting bigger rooms than if you were paying cash, brining grand parents along on trips, adding on at some point because of these bigger trips etc. We are staying in a Aulani Grand Villa in 31 days that would probably cost me around $18,000 rack rate. There is no way I would have paid cash for that, but move some points around and boom huge family vacation with grand parents and BIL done. It will be a 1000x better trip than a bunch of basic hotel rooms at a decent resort.

 

[npatellye]

No regrets at all other than not buying more points. We bought Riviera pre-opening in 2019 and we thought 200 points would be fine. We quickly found that studios aren’t for us (they’re fine for a long weekend but no more than 3 nights) and we need a one bedroom for our trips. I sometimes wish we had bought 300 or 350 initially instead of buying 200 and then adding on another 150 at OKW in 2021.

 

[Sandisw]

None! Cant wait to buy more points when VGF goes on sale.

 

[gskywalker]

Besides the obvious of I wish I bought earlier, I am concerned whether we have now bought more than we needed(465 over 3 contracts). Just went from self employed to contract employed, which really interferes with the real priority, our disney trips.

 

[princesscinderella]

No regrets at all! I bought when it was low in 2012 and doubled my points last year at the higher prices too. Best DVC purchase was a 80 VGC direct contract at $140 pt ( wish I bought more of those too though). We are planning on buying 3 - 75 point contracts at the DLT when it goes on sale for my kids to gift down the road.