Readers ask: What Is The Disney Vacation Club?

What is a Disney Vacation Club contract?

As Disney Vacation Club offers a leasehold contract to buyers, each one has an expiration date. These contracts may last 50 years or more, but they remain the same for all owners of the particular resort.

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 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.

How many years 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.

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Is Disney Vacation Club considered real estate?

Disney Vacation Club is not a financial investment. It is not a real estate investment. DVC members should not expect to make a profit on their purchases. If you’re not sure, you can find listings available on the resale market at great savings over buying directly from DVC.

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.

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.

Do you need good credit for Disney Vacation Club?

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.

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.

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 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.

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Can you share a DVC membership?

Yes, you can certainly have more than one person listed as owners on a DVC contract, just like you can on any real estate purchase. You can’t actually split up the points 1/3 to one person etc.

How many years can I bank DVC points?

Well-Known Member You can’t bank indefinitely, only one year’s worth of points can be banked to the next use year. If you think you wouldn’t be going to WDW every year, you can figure out how many points you think you would need, buy 1/3rd that amount of points, and use banking and borrowing to go every 3 years.

Do Disney Vacation Points expire?

Once you move points to the Reservation bucket, they can never go back again, they cannot be banked or borrowed, and they will expire at the end of the Use Year.

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