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Disney Vacation Club Timeshare Rentals
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Question: My wife and I just got back from WDW and went to the Disney Vacation Club
presentation at Old Key West. we were wondering if any one has any
opinions (good or bad) on this timeshare . We do plan an rental vacation
trip to Florida every year so it might almost make sense....
Thanks,
Answer: This is what's called a "can of worms." There are a LOT of variables
to consider, but to keep it simple, the answer is "maybe," IF you plan
to go to WDW and/or Vero Beach every year (or somewhere else DVC may
open a resort).
The quick-and-dirty method is to figure how much you would spend for
on-property lodging every year, and be sure to inflate that about 10%
annually. Then, figure the cost of the DVC purchase (including annual
dues, inflating at roughly 5% annually) and subtract the actual value
of any park passes you will get _and use_ as part of your membership,
if applicable. You can then compare the results to get a _rough_ idea
of how long the payback period is.
It's not really an investment; rather, it's more like prepaid (very
nice) lodging with some fringe benefits.
BTW, it's not really a "timeshare" in that it's a points-based system.
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