FAQ: How Does The Disney Vacation Club Work?

How much is a downpayment for Disney Vacation Club?

Minimum down payment of 10% is calculated based on the Net Purchase Price (which is the total amount of points purchased times the price-per-point minus the credit). Credit amount cannot be applied to the down payment.

How much does it cost to join a vacation club?

Initial Purchase Some cheap vacation clubs offer memberships for around $5,000. Which sounds good, unless you know that the average American vacation costs way less—around $2,037. Besides, most clubs charge more. An average membership price is $20,000–30,000.

Is Disney Vacation Club a time share?

The Disney Vacation Club (DVC for short) is a timeshare operated by Disney. The program offers resorts at Walt Disney World and also in Hawaii, South Carolina, and Vero Beach, Florida.

How much does DVC cost per month?

The Disney Vacation Club does provide financing at $365 per month for a 10-year loan with a 10% down payment. When guests use their points to reserve accommodations, the costs can vary depending on the time of the year, the resort chosen, and the size of the unit.

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What credit score do you need for DVC?

DVC financing is easy to obtain, and approvals are done within minutes during our normal business hours. You only need a 600 FICO credit score or better to be approved.

How long is a DVC contract?

Every existing DVC contract will last until at least 2042. That’s 25 years from now! Others will last more than 20 years past that point. When you buy into DVC, you’re playing the long game. You know that your investment will pay off after five-to-seven years.

Is Disney Vacation Club a good investment?

Disney Vacation Club is a big investment, but it can be worth it. You can save money while enjoying flexibility, variety, peace of mind, and a few special perks along the way. I would serious consider it if: You love Disney enough to keep going for the next 20-50 years.

Can you sell your Disney Vacation Club membership?

In short, yes, you can absolutely sell your Disney Vacation Club membership. Based on the verbiage in each DVC Contract, owners are allowed to sell their DVC memberships at any time. While there are several stipulations regarding selling and the process to follow, it is definitely possible to sell your DVC membership.

How do I get out of a vacation club contract?

Canceling A Vacation Club Contract Some call it dispute resolution, rescission period, and other legal mumbo-jumbo. If you are still within the contract’s rescission period then, send a notice of termination. This can be sent via email and can be backed up with a phone call.

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Can you negotiate Disney Vacation Club?

Disney does not negotiate pricing. They do offer incentives if you buy direct but only at specific resorts – those they are actively marketing. Right now that Riviera and Aulani.

Does the Disney Vacation Club include park tickets?

No, DVC membership does not include park admission. You have to buy your park passes separately. You can purchase them at the Disney Store but there is no discount given to DVC members there.

Are timeshares worth anything?

No, the timeshare has no value, because you don’t own anything in the normal sense of the word. It’s not like your regular home, which likely has some equity built up. In fact, a timeshare goes down in value from the moment you sign the contract. There are much better ways to invest your hard-earned money.

Can you pay DVC dues monthly?

Each DVC member can either elect to make a one-time payment by January 15th or choose monthly payments for the entire year.

Can you buy someones DVC?

Purchasing DVC on the resale market can save you thousands of dollars versus purchasing direct. Owners of DVC resale contracts are able to enjoy staying at all 15 of the DVC Resorts and RCI. Additionally, with DVC resale contracts you can book with home resort priority.

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