FAQ: How Much Does It Cost To Join Disney Vacation Club?

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 is a vacation club membership?

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.

What does 200 DVC points get you?

A DVC purchase of 200 points means that the member will receive 200 points to use every single year until the contract with Disney ends. Program guidelines even allow members to “bank” their points one year into the future and “borrow” from the next year.

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.

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How much is DVC a 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.

Can I cancel my unlimited vacation club membership?

You can cancel for any reason or no reason at all during the rescission period. After that time you would basically have to prove fraud or convince the resort or vacation club that it is in their best interest to refund your money.

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.

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.

How long does a DVC membership last?

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.

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How many DVC points is enough?

Generally speaking, anything under 200 points on a single contract makes the most sense because if and when you want to sell, contracts over 200 points may be less desirable on the resale market. To test Chad’s theory, we brought in 9 DVC members and asked them two basic questions.

How many points does a Disney vacation cost?

You may purchase up to 4,000 Vacation Points at a single Disney Vacation Club Resort. The purchase price is currently $188 per Vacation Point at the following Resorts: Aulani, Disney Vacation Club Villas, Ko Olina, Hawai’i. Copper Creek Villas & Cabins at Disney’s Wilderness Lodge.

Does Disney Vacation Club do a credit check?

Automatic loan approval on Disney loan applications. No credit check required. Terms up to 10 years. Closing costs for the loan will add approximately $250 to $350 more to the regular closing costs depending on the loan amount.

How do you qualify for DVC?

Disney’s financing option for DVC membership DVC interest rates are dependent on your creditworthiness, down payment and selected loan term. To increase your chances of obtaining Disney Vacation Club financing approval, you should have good to excellent credit and at least a 10% down payment.

Does Disney Vacation Club report to credit bureaus?

Disney, for example, does not report the loan to credit agencies (they act as the bank when issuing a loan). They will do a hard pull on your credit, but the loan itself is not shown on your credit report. Others like LightStream (part of SunTrust bank) offer very competitive rates for well-qualified buyers.

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