Members will join Disney Vacation Club (DVC) for many reasons. Members enjoy a vacation home experience and can receive the benefits of staying on property (i.e., Magical Express, Extra Magic hours, complimentary parking, etc.).
However, a key reason many will join is because of the Economic Benefit. DVC offers incredible value on the portfolio of DVC resorts often 50% less than rental rates.
Click on the video below for a look at the economics of a DVC resort stay.
Often Members will break-even on their DVC purchase within 5-7 trips. And typically, when buying resale that break-even may be even sooner as the purchase price can be significantly less.
Other key economic benefits include the following:
- Members do not pay resort sales tax, which can provide a savings over renters who must pay the prevailing state and local hotel tax. In Orange County Florida where Walt Disney World is located the current hotel tax is 12.5%.
- Members pay no currency exchange on their points. Points used in foreign countries through an RCI exchange are not subject to change in currencies.
- Members enjoy a legacy factor as the membership may be passed on to the next generation of family so they can enjoy the same savings.
So Membership makes great Sense for the comforts and the savings but Why Buy Resale?
DVC Resale Market can often save you thousands of dollars on the purchase price by becoming a DVC Member through resale. We encourage Members and potential new Members to compare for themselves as the savings can be tremendous. Below is a table comparing the current prices per point of purchasing DVC through resale and direct.
(avg. asking price)*
(Disney Vacation Development)
|Difference Per Point
(Direct – Resale)
|Bay Lake Tower||$116||$185||$69|
|Old Key West||$77||$145||$68|
*Average asking price information provided by disneydvcresale.com
As a Member through a resale purchase you can enjoy all of the DVC resort properties including Home Resort Priority at the resort you choose to own at. As a resale purchaser you can also enjoy the Club Intrawest, Club Cordial, RCI Gold Crown, RCI Registry Collection and the remaining RCI network of resort properties around the world.
Since March 21, 2011 Disney has had restrictions on using points from resale purchases for Disney Cruises, Disney Hotels that are not DVC villas, Adventures by Disney and the Concierge Collection. Fair to note that Disney Vacation Club denotes these options as “incidental benefits” of Membership and reserves the right to discontinue them at any time regardless of how the membership is purchased.
Importantly, the exchange rate for points outside of the Disney Vacation Club Resorts and the RCI exchange does not carry the same value. A great example is with the Disney Cruises. The example below will show that a guest may actually pay more for a Disney Cruise using points than just paying cash. And for this very reason the savings of purchasing resale outweigh the restrictions for many guests.
Click on the video below to see an example of the economics of using DVC points for a Disney Cruise.
Further, if your only DVC purchase is a resale contract purchased after April 4, 2016, you will not receive certain incidental benefits (also known as Membership Extras) such as Member discounts on dining, shopping, Member-exclusive events, and certain special Member offers. Please refer to our blog discussing these incidental benefits for more detail.
For additional questions regarding the economics of buying DVC and buying DVC Resale please call the friendly, professional experts at 1 (844) DVC-PROS where we can “Welcome you Home for Less”.