re: Disney Vacation Club?

I have several friends who are members. We have looked into this and sat in on a presentation. We have not yet purchased. Here is what I can tell you:

1) You have to check out resale vs new. Resale will save you money, however, there is a contract term on the club - you are not a member forever. The membership expires at some point in the future. So the closer to expiration a contract is, the cheaper the resale is.

2) Price wise, if you like to stay in Deluxe accomodations on site when you visit, it might make sense.

3) You can borrow and bank points, so in reality, you can use 3 years worth of points at once if you time it right.

4) You get better reservations options - as far as time in advance you can book - at your "home" property.

5) The DVC locations outside Disney properties that are Disney owned (like SC and Hawaii) are pretty good deals. You can use them at other timeshare properties, but the trade value isn't as good.

6) The two big financial plusses are the actual price point, and the lock-in of future price. However, if you need to borrow money to pay for hte DVC, it throws off the benefits.

7) Don't forget the annual fees, which can and do rise over the years.

If you are in a financial posistion to do it, especially with cash, and you and your family love Disney, I would do it.

The only reason we have not yet, is that there are some other financial goals that I wish to achieve first.