If you and your family are vacationing at Disney in Orlando, Florida you’re surely curious to know how much Disney Vacation Club costs. You probably have other questions about the destination too. So, let’s unpack How Much Disney Vacation Club costs, what it is, and how it works.
What is Disney Vacation Club?
Disney Vacation Club is a vacation timeshare program. It’s owned and operated by Disney Vacation Development, Inc., a subsidiary of Disney Signature Experiences which is part of a segment of The Walt Disney Company.
More aptly, it’s a vacation ownership program brought to you by the Walt Disney Company. And what makes it special to you is that it could be a more affordable way of taking Disney vacations.
How Does Disney Vacation Club Work?
The Disney Vacation Club works very similarly to a standard timeshare arrangement. You join by buying fractional ownership of a property, in this case, that would be a Disney Resort.
That partial ownership then gives you the use of a guaranteed vacation spot each year. That means you can visit your home resort or any other resort within the vacation club package.
However, though most timeshares limit when you can use the property, Disney Vacation Club uses a points-based system. So, to actually stay at your home resort or any other DVC resort, you’ll need to redeem points, which you accrue at a set rate per year.
How Much Does Disney Vacation Club Cost?
Disney Vacation Club is essentially a real estate investment. So, in order to get into cost, you’ll need to first look at the initial buy-in pricing. That’s your membership cost and it covers three factors.
- The purchase price – that’s the cost of the home resort and the initial points you purchase when you become a DVC member
- Closing cost – this is a one-time fee that’s required for any real estate purchase
- Annual Dues – the annual dues are specific to the home resort you choose.
The points we mentioned earlier factor heavily into the initial cost of your membership. Also, points affect closing costs and your Annual Dues.
For example: Let’s say you decide to buy 150 points. Each point is valued at $217.00 would make your purchase price, for points alone, $32,550.
Closing costs, required with every real estate purchase, and Annual Dues, will then vary in their totals since each depends on your home resort.
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