WHY DVC IS A BAD INVESTMENT

Have you ever dreamed of owning a piece of the Disney magic? If so, you may have considered buying a Disney Vacation Club (DVC) membership. DVC is a timeshare program that allows you to own a deeded interest in a Disney resort. There's no doubt that DVC can be a great way to enjoy Disney vacations and guarantee yourself accommodations in some of the most popular Disney resorts, but it's important to be aware of the potential downsides before you make a purchase. Here are a few reasons why DVC might not be the right investment for you.

1. High Upfront Cost

One of the biggest drawbacks of DVC is the high upfront cost. The price of a DVC membership varies depending on the resort and the size of the unit you choose, but you can expect to pay anywhere from $15,000 to $200,000. For many families, this is a significant investment that may be difficult to afford.

2. Annual Dues and Fees

In addition to the upfront cost, you'll also have to pay annual dues and fees. These fees cover the cost of maintaining the resort and the DVC program. The amount of your annual dues and fees will vary depending on the resort and the size of your unit, but you can expect to pay around $1,000 per year.

3. Use Restrictions

DVC members have some restrictions on how they can use their points. For example, you may not be able to use your points to stay at a certain resort during peak season. You may also have to pay a fee to use your points to book a room at a popular resort.

4. Limited Availability

DVC resorts are often very popular, and it can be difficult to get a reservation at the resort you want, especially during peak season. This can be frustrating if you're hoping to use your points to take a spontaneous vacation.

5. Resale Value

If you ever decide to sell your DVC membership, you may not be able to get back the full amount that you paid for it. The resale value of DVC memberships can fluctuate depending on the market. This means that you could end up losing money if you sell your membership.

Conclusion

DVC can be a great way to enjoy Disney vacations, but it's important to be aware of the potential downsides before you make a purchase. You should carefully consider the upfront cost, the annual dues and fees, the use restrictions, the limited availability, and the resale value before you decide if DVC is the right investment for you.

Frequently Asked Questions

1. What is DVC?

DVC is a timeshare program that allows you to own a deeded interest in a Disney resort.

2. How much does a DVC membership cost?

The price of a DVC membership varies depending on the resort and the size of the unit you choose, but you can expect to pay anywhere from $15,000 to $200,000.

3. What are the annual dues and fees?

The annual dues and fees vary depending on the resort and the size of your unit, but you can expect to pay around $1,000 per year.

4. Are there restrictions on how I can use my points?

Yes, DVC members have some restrictions on how they can use their points. For example, you may not be able to use your points to stay at a certain resort during peak season or you may have to pay a fee to use your points to book a room at a popular resort.

5. Can I sell my DVC membership?

Yes, you can sell your DVC membership, but the resale value can fluctuate depending on the market. This means that you could end up losing money if you sell your membership.