DVC Down payment reduced - Page 2

**WishUponAStar** · 07-05-2008

Quote:

Originally Posted by DVC Mike

Yes, as long as you don't already have a second home, you can deduct the interest on the loan and the portion of your annual dues that are property taxes. Of course, consult your tax professional.

We do that every year, well the past 2 years, not like we've been members forever.

Lovethemouse · 2 Weeks Ago

I think the tax benifit is minimal unless you own a LOT of points and therefore are paying a lot on the taxes end. I wouldn't just buy in for that reason. The main reason we did it was that we xcould come to Disney again and again and stay in the park which is a big part of the decision to by in for me. My husband likes the transportation aspect of it as he doesn't have to drive, it just one less thing to think about.

jenbarnwell · 2 Weeks Ago

hmmm... maybe I could convince DH to buy into this now.

karliebug · 2 Weeks Ago

It isn't lowering the price at all, it is just lowering your downpayment up front. You will actually be paying more because you are financing more. Car salesmen do it all the time.

tinkerbelle24 · 2 Weeks Ago

IMO.. I think DVC is great for people who get the pts they need. In my case since its only me that would be paying for this I couldnt only afford 100 pts per month and that would only get me 9 nights per year. IF I were to go ahead and do this I dont think it would ork for me at only 100 pts. I think I can get a value for 15 nights cheaper than I could for 9 nights with DVC

**DisneyTeacher** · 2 Weeks Ago

Quote:

Originally Posted by tinkerbelle24

IMO.. I think DVC is great for people who get the pts they need. In my case since its only me that would be paying for this I couldnt only afford 100 pts per month and that would only get me 9 nights per year. IF I were to go ahead and do this I dont think it would ork for me at only 100 pts. I think I can get a value for 15 nights cheaper than I could for 9 nights with DVC

You may be very right. DVC is a good value if you already stay in moderate or Deluxe resorts. It would take you longer to recover the money invested in DVC. We like to stay in deluxe resorts so it's a better value for us.

ssn · 2 Weeks Ago

Hmmm....I'm going to have to forward this new info to my DH

I keep subtly hinting what I want for my bday by leaving DVC info in his mail!

thanks for the info!

iluvwdw · 2 Weeks Ago

Quote:

Originally Posted by tinkerbelle24

IMO.. I think DVC is great for people who get the pts they need. In my case since its only me that would be paying for this I couldnt only afford 100 pts per month and that would only get me 9 nights per year. IF I were to go ahead and do this I dont think it would ork for me at only 100 pts. I think I can get a value for 15 nights cheaper than I could for 9 nights with DVC

This is the EXACT reason I am on the fence about buying DVC! We don't mind staying Value at all. But we are renting points to stay at AKV for Thanksgiving week...I'm sure the price I paid for renting the points for only 5 nights, is more than the Annual Dues for the year.

I'm still so torn....

lovemysons · 2 Weeks Ago

Quote:

Originally Posted by iluvwdw

This is the EXACT reason I am on the fence about buying DVC! We don't mind staying Value at all. But we are renting points to stay at AKV for Thanksgiving week...I'm sure the price I paid for renting the points for only 5 nights, is more than the Annual Dues for the year.

I'm still so torn....

I know, us too. We were looking over the point charts last night, and the initial payment, and honestly, we are back on the fence again.

tiki · 2 Weeks Ago

Quote:

Originally Posted by iluvwdw

This is the EXACT reason I am on the fence about buying DVC! We don't mind staying Value at all. But we are renting points to stay at AKV for Thanksgiving week...I'm sure the price I paid for renting the points for only 5 nights, is more than the Annual Dues for the year.

I'm still so torn....

yep, it's the dues that my DH doesn't like, and the fact that they can go up and that points per night can go up...but I really wish we had $10-15K lying around somewhere!

**DisneyTeacher** · 2 Weeks Ago

Quote:

Originally Posted by tiki

yep, it's the dues that my DH doesn't like, and the fact that they can go up and that points per night can go up...but I really wish we had $10-15K lying around somewhere!

Dues will go up due to the higher costs of running the resort but the number of points per night can't really change. If they raise the number of points for one night they have to lower the points for another night. They can't change the total number of points but they can move them around. I hope I explained it correctly.

tiki · 2 Weeks Ago

Quote:

Originally Posted by DisneyTeacher

Dues will go up due to the higher costs of running the resort but the number of points per night can't really change. If they raise the number of points for one night they have to lower the points for another night. They can't change the total number of points but they can move them around. I hope I explained it correctly.

So for ex. if the points for SSR on a Mon in Sept are 26 pts, in maybe 5 years they won't go up to, like 28 pts?

**DisneyTeacher** · 2 Weeks Ago

Quote:

Originally Posted by tiki

So for ex. if the points for SSR on a Mon in Sept are 26 pts, in maybe 5 years they won't go up to, like 28 pts?

They could go up to 28 points but then something else would have to go down 2 points per night to keep the balance. Basically, if you buy 200 points you will still get the same number of nights in 30 years. DVC can't change the total number of points at a resort for the year, however, they can be adjust the pints but it's a give and take. (And I really don' think that has happened a lot over the years.)

tiki · 2 Weeks Ago

Quote:

Originally Posted by DisneyTeacher

They could go up to 28 points but then something else would have to go down 2 points per night to keep the balance. Basically, if you buy 200 points you will still get the same number of nights in 30 years. DVC can't change the total number of points at a resort for the year, however, they can be adjust the pints but it's a give and take. (And I really don' think that has happened a lot over the years.)

Got it, good to know now.

woohoo · 2 Weeks Ago

it is all the same in the end- that savings upfront will end up costing you in the end...although it could be monies pit towards your first trip there as a member... 6 of one 1/2 dozen I say..

2 Weeks Ago	#17 (permalink)
Lovethemouse Junior Mouseketeer Join Date: Oct 2007 Location: Massachusetts Posts: 28	Re: DVC Down payment reduced I think the tax benifit is minimal unless you own a LOT of points and therefore are paying a lot on the taxes end. I wouldn't just buy in for that reason. The main reason we did it was that we xcould come to Disney again and again and stay in the park which is a big part of the decision to by in for me. My husband likes the transportation aspect of it as he doesn't have to drive, it just one less thing to think about. __________________ Love The Mouse

2 Weeks Ago	#18 (permalink)
jenbarnwell Mouse Meister Join Date: Feb 2005 Location: New Jersey Posts: 2,481	Re: DVC Down payment reduced hmmm... maybe I could convince DH to buy into this now. __________________ Jen # 2 http://www.myspace.com/jenvance1 2008 ~ Feb ~ Caribbean Beach and off-site ALL by ourselves!! 2007 ~ Sept ~ Coronado Springs Resort with family and Mom 2007 ~ Jan. ~ Pop Century with the family 2006 ~ Caribbean Beach Resort with DMIL 2005 ~ WDW ~ off-site with my sisters I MouseBuzz, these are the people I have met so far: JEN!! MY BFF!, Erin ( I Erin), Cavey and Lil, Gingita, Empress Jenny, Bali, Catfish, Mickaholic, and Soundgod. My Disney Countdown Counting down to: Baby's first Trip!!! 132 days 11 hours 3 minutes

2 Weeks Ago	#19 (permalink)
karliebug Queenbee of MB Join Date: Apr 2003 Location: Pocono Mts. PA Posts: 2,268	Re: DVC Down payment reduced It isn't lowering the price at all, it is just lowering your downpayment up front. You will actually be paying more because you are financing more. Car salesmen do it all the time.

2 Weeks Ago	#20 (permalink)
tinkerbelle24 Im a little Disney crazy! Join Date: Oct 2004 Location: West Deptford N.J. Posts: 3,326	Re: DVC Down payment reduced IMO.. I think DVC is great for people who get the pts they need. In my case since its only me that would be paying for this I couldnt only afford 100 pts per month and that would only get me 9 nights per year. IF I were to go ahead and do this I dont think it would ork for me at only 100 pts. I think I can get a value for 15 nights cheaper than I could for 9 nights with DVC __________________ 1992~ CBR 2005~ ASMovies 2006~ ASMovies 2007~ ASMusic 2008~ Birthday Trip Off Site Best Western Lakeside 2008~ POR Riverside 2008~ Dec off site Seralago Hotel Going back for some Christmas fun 12-26 ~ 1-03 x´¨) x¸.•´ ¸.•´¨)xxxx¸.•¨) (¸.•´xxxxxx(¸.•`xxxKate´¨) My Disney Countdown Counting down to:* Day After Christmas and New Years In DISNEY! 126 days 7 hours 3 minutes

2 Weeks Ago	#22 (permalink)
ssn Mouse Meister Join Date: Jan 2003 Posts: 1,051	Re: DVC Down payment reduced Hmmm....I'm going to have to forward this new info to my DH I keep subtly hinting what I want for my bday by leaving DVC info in his mail! thanks for the info! __________________ 2008 POP/Polynesian August 2007 AS Movies & Cinderella's Castle Suite!! April 2007 Contemporary/Beach Club 2005 Wilderness Lodge/Disney Wonder Cruise 2004 Port Orleans FQ/Vero Beach (10th Anniver.) 2003 Polynesian (DH's 40th bday)(DD's 1st WDW trip) 2001 Port Orleans Riverside 1999 Caribbean Beach 1994 Grand Floridian (honeymoon) 1981 Polynesian 1973 1st WDW trip - off property ....Please stand clear of the doors....Por favor mentega se alejado de las puertas.... My Disney Countdown Counting down to: My 40th Birthday Trip! 90 days 11 hours 4 minutes

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DVC Down payment reduced

2 Weeks Ago	#30 (permalink)
woohoo Newest DVC Neighbor!!!! Join Date: Nov 2004 Location: Twains World Parytime Excellent Posts: 3,635	Re: DVC Down payment reduced it is all the same in the end- that savings upfront will end up costing you in the end...although it could be monies pit towards your first trip there as a member... 6 of one 1/2 dozen I say.. __________________ avitar a day at the castle with Mama "Dorkman" and her little "dorkmans"

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