Is Disney Vacation Club Worth It? A Deep Dive

We’re sure you’ve seen the logo around the parks or at least heard the name once or twice. Maybe you’ve even seen one of the informational kiosks in Disney Springs or the parks! Yet, if you aren’t part of the program, you might be wondering what exactly the Disney Vacation Club really is. Don’t worry, though — we’re here to help explain it to you!

DVC sign

We’re about to take a deep dive into “the best kept Disney secret,” so get comfy, grab a snack, and maybe your calculator and most recent tax documents as we tackle this massive and expensive topic.

So, let’s take a step back from the nostalgic, saccharine marketing message you might’ve seen during your stay and take a look at black-and-white facts of DVC, the good, the bad, the confusing, and who this investment might work for.

Riviera Resort

Ok, here’s some background on DVC. Disney Vacation Club is Disney’s take on the timeshare concept, and Disney promotes it as a way to save money on future Disney-centric vacations. There are currently 15 Disney Vacation Club resorts, with more projects in progress at the new Disneyland Hotel tower and a new tower expansion at the Polynesian Village Resort. The DVC properties that exist are:

      • Bay Lake Tower at Disney’s Contemporary Resort
      • Boulder Ridge Villas at Disney’s Wilderness Lodge
      • Disney’s Animal Kingdom Villas – Jambo House
      • Disney’s Animal Kingdom Villas – Kidani Village
      • Disney’s Beach Club Villas
      • Disney’s BoardWalk Villas
      • Disney’s Old Key West Resort
      • Disney’s Polynesian Villas & Bungalows
      • Disney’s Riviera Resort
      • Disney’s Saratoga Springs Resort
      • The Villas at Disney’s Grand Floridian Resort
      • Aulani, Disney Vacation Club Villas in Ko Olina, Hawai‘i
      • Disney’s Hilton Head Island Resort in Hilton Head, South Carolina
      • Disney’s Vero Beach Resort
      • The Villas at Disney’s Grand Californian Hotel
Disney’s Saratoga Springs Resort

How Does DVC Work?

Traditional timeshares work like this: You pay a set price for partial ownership of a property. In return, you get access to that property during certain times of the year. It may be during the same week each year, or the dates may rotate. Traditional timeshare resorts often are part of a larger group that allows timeshare owners to “exchange” their week at their home resort for a week at a resort in another locale.

When you buy into the Disney Vacation Club, you purchase a set number of “vacation points.” The minimum number of points that may be bought in your initial purchase, if buying through Disney directly, is currently 150, and the maximum is 2,000.

Animal Kingdom Lodge

You only buy these points once — they are then allocated on a yearly basis until the contract’s end. For example, if you buy 250 “vacation points” in your initial purchase, you will receive 250 points each year to “spend” on your vacation accommodations.

Members do have a “use year,” and their points become available to use for a certain amount of time. Within that use year, those points can be used to tailor Member stays. Longer stays or larger accommodations require more points; shorter stays and smaller accommodations cost fewer points. However, points can expire if they are unused. So, the Disney Vacation Club has systems in place where members can “bank” unused points or “borrow” points from the next use year for additional flexibility.

Animal Kingdom Lodge

These points can be redeemed at more than just your home resort. Disney offers options around the world for redemption, including the ability to use your points for cruises and even non-Disney resorts. The main idea behind membership is that you’ll save money on stays at Disney properties.

Disney states that members have a potential saving of up to 50% compared to paying rack rates for rooms at Disney resorts. However, Disney’s website also explains it may take six years or more before you actually start to see these savings. And these savings aren’t a flat 50%. Rather, your total savings over the years “may add up to 50% over the Membership term,” according to Disney’s website. So, essentially, members agree to pay a large sum upfront to access potential future savings.

What does DVC Membership Include?

As mentioned above, DVC Members purchase points that can be redeemed to stay at Disney Resorts, or even Disney Cruises, or other qualifying vacation options. When members sign their contract, they are purchasing DVC points. That’s it.

A full kitchen.

But there is some, well, not-so-fine print to be aware of. Though you purchase vacation points from Disney, it’s more like leasing or renting. Disney clearly states that points for Vacation Club properties are only valid for 50 years. So, this isn’t a lifetime ownership deed.  For example, DVC sold contracts at its first DVC property, Old Key West, in 1991. Those 50-year contracts will expire in just 18 years, in 2041.

Members purchasing points directly from Disney may have access to additional benefits. Disney often provides perks and incentives for Vacation Club members to sweeten the deal. The perks include merchandise and dining discounts at participating Disney locations, and special access to lounges like Top of the World Lounge at the Contemporary Resort or the DVC Lounge in EPCOT, and special DVC Member exclusive events. But be very clear, that these are “perks,” and Disney is not contractually obligated to provide anything more to DVC members than the points they purchased. These perks can change, and those changes may impact your expected experience, but those are “perks” and not part of your DVC contract.

DVC properties also provide more deluxe accommodations. These properties offer Studio Villas, which can be comparable to a standard hotel room, all the way up to a Three Bedroom Grand Villa, which can sleep up to 12 adults and includes four full bathrooms, full kitchen, living and dining areas, washer and dryer, and a balcony. And when staying at a Deluxe Disney Resort, you also get access to Deluxe Resort benefits and amenities, like Early Park Entry and Extended Hours in the parks.

What does DVC Membership Cost?

In 2023, Disney increased the  Vacation Points to $217 each. To start your membership, you’ll need to purchase a minimum of 150 points, which means your initial out-of-pocket cost comes to $32,550 for just the points.

Old Key West Resort Hotel

Disney also charges closing costs, though the amount for this will vary depending on the home resort that you’re choosing. For example, the closing costs for Disney Vacation Club owners purchasing 150 Vacation Points at the Grand Floridian Resort came out to $868.30 in 2022. And there is an additional $250 document preparation fee. You will also be expected to pay annual fees every year for maintenance of your home resort.

If you can pay cash upfront for their membership, this cost for the minimum points is $33,668.30 (plus those annual dues every year). For folks who don’t have an extra thirty grand hanging out in their wallet or bank accounts, you’d also have to factor in financing costs (which includes compounding interest, amortization, and interest rate), all of which can make that initial cost of $33,668.30 grow quite a bit. Now, we’re not financial advisors, so we’ll save the math for the experts. But needless to say, if you don’t have that extra thirty grand burning a hole in your pocket, best to get really cozy with your calculator and figure out what that cost will boil down to for you and how (or if) that could fit in your budget. The Disney Vacation Club website does provide a cost calculator if you’re looking to break down specific costs that pertain specifically to you.

The Riviera Resort Tower Studio room only sleeps two!

So, those are the contractual costs of DVC membership, but there are other costs with membership, as well. If this is something you’re considering, then you are probably already down to enjoy Disney quite a bit and are looking forward to 50 years of Disney-centric vacations. But the DVC points only address the accommodations. Members still have to pay for park tickets (or annual passes), food, travel expenses, and any extras like souvenirs or additional experiences like After Hours parties or tours. And if your ideal Disney vacation is just hanging out at Disney Springs and your resort pool (which don’t require a ticket), you still have to get there and eat. So DVC costs don’t cover all of your vacation expenses.

Disney Vacation Club Loungefly

And there’s another aspect to consider — the opportunity cost. Opportunity costs represent the potential benefits you’d miss out on when choosing one alternative over another. In this case, investing in DVC and choosing Disney vacations year after year could mean that you are sacrificing the opportunity to visit other vacation destinations. It could also mean that the money you use to make your monthly payments on your DVC loan may also mean that you could be missing out on other things that money could buy (theater tickets, a new car, private school, eating out more often, etc).

What about the DVC Resale Market?

We’ve talked about purchasing directly from Disney, but DVC can also be bought and resold on the secondary market. In December 2022, Disney raised the prices on its active properties to $217 per point. Currently, the average per point price on the resale market is $142. That’s an almost 35% savings.

With such a significant savings, it seems like a no-brainer to just buy your membership through the resale market, right? Well, there are some other considerations that may play a factor in your final decision. Those perks that we mentioned above, like access to Disney discounts and exclusive events, are only available to members who purchase their points directly from Disney. So if those perks are selling points, the resale market won’t deliver on that. (However, those are just perks and not part of the contract, so Disney can change those even for those who buy directly from them).

We’ve admitted that we’re not financial advisors, but let’s look at a simple math problem. If Disney sells points for $217 and resale has them for $142, say you buy 150 points. With DVC, that would be (just very simply) $32,250; for resale, that would be $21,300, a difference of $10,950. Currently, Disney is offering a 10% discount for members at participating shops and restaurants. To “break even” using that 10% discount perk, you’d need to spend about $109,500 on souvenirs and dining costs. Even over 50 years, do you foresee yourself spending so much that you “broke even” with that discount? It seems unlikely.

New DVC Sales Center Outside Tatooine Traders

But remember that 50-year limit we talked about earlier? By buying resale, you’re essentially taking over someone’s existing contract. So, if you buy a resale contract at Old Key West, that initial DVC resort we discussed earlier, you only have 18 more years to enjoy that resort. You definitely want to be aware of those limitations.

Who are the best candidates for DVC?

There are a few categories of folks who may enjoy the benefits of DVC:

Families that plan to visit a Disney property at least once every other year. With Disney’s “bank” and “borrow” point system, members need to use their points at least every other year to get the maximum value out of them. In a similar vein, though, points can be used to book Disney Cruise Line, Adventures by Disney, and even be exchanged for use at non-Disney resorts, although the exchange rate is never the best use of the value of those points. So to get the value out of your points, Disney needs to be a key vacation destination for your family for the next 50(ish) years.

Cinderella Castle in Disney World

Those who can pay cash for purchase upfront, without financing. Whenever you have to factor in interest rates, fees, amortization, and compounding interest, you end up paying much more in the long run just for the “convenience” of not having to pay for it upfront. It may be best not to pay for the privilege to pay over time.

Annual Dues expenses won’t pose financial hardship. Even if you pay for your membership upfront or you pay it off through a loan, your annual dues will last for the duration of your contract, and depending on your resort and the amount of points you own, start around $1,200 per year. This fee can be paid once in a lump sum or spread out in monthly payments over the span of the year.

Prefer DVC accommodations over other resort hotel options. If you enjoy the fun and character of staying in a Value or even a Moderate resort, then DVC may never make sense for you. But for those who enjoy the deluxe resort amenities, the extra space, rooms, bathrooms, and even kitchen and laundry facilities, could find the value in what DVC offers versus paying for those accommodations out of pocket.

Aulani Resort ©Disney

Plans vacations at least 7-11 months out. Because of the demand and the limited availability, planning ahead is almost required to be able to be able to secure the property, room size, and time of the of the year that you want to vacation. Though last-minute stays are usually available, they’re typically pretty picked over, and the exact time, room, and resort you want may not be available for those impromptu trips.

“Owning” a piece of the magic. The financial part and the potential savings might not even be a factor. Some DVC members find the value in DVC in the peace of mind that their Disney trips for the next 50(ish) years are “locked in.”

So, is DVC worth it?

There isn’t a cut-and-dried answer to this question, and ultimately, this is up to you. Many who own DVC do so because they love Disney. Plain and Simple. But, DVC membership means investing YEARS and YEARS of money into a property you’ll never own.

The dining area.

Sure, you’re going to have a vacation destination that may eventually save you a LOT of money for generations of Disney vacations — BUT that’s never going to become actual, tangible property that you own. Each time you stay at your home resort, your “home” changes. You’ll be in a different room every time, with no place to settle in for long-term stays. It’ll always be a place you’ll have to share with the other DVC members.

In addition, your vacation is still going to cost you a substantial chunk of money each year, in park tickets, dining, travel costs, and etc. Those costs can (and do!) rise regularly.

So this all goes back to the idea of “opportunity cost.” What are you sacrificing, really, when you choose a DVC membership? Does it make sense to put money into DVC contracts when, after the contract expires, you’ll have nothing to show for it? (Aside from years and years of nice vacation memories — which, hey, those may be priceless for you!) Or does it make more sense to invest money into something that’ll provide you with a visible increase in returns and benefits that’ll last well beyond a DVC contract?

The answer’s gonna be different for everyone — BUT since DVC is such a major decision and a big investment, these are the questions you’ve really gotta ask yourself before making that leap of faith into the DVC pool.

There can be a lot of benefits to having DVC membership, and it’s a great program for those who want to secure their Disney vacations every year, and be able to book well in advance. It’s also pretty flexible for changing up when you vacation, and mixing it up from a romantic weekend getaway, to a big family reunion and the accommodations to match. Plus, you can stay in many nice resorts as well, and enjoy more luxurious accommodations on your trips at a savings.

Tower of Terror

Buying into Disney Vacation Club may also be worth it for those who can pay the total cost upfront and don’t have to finance the cost of membership. That makes it more affordable overall, and keeps the yearly costs limited to the annual maintenance fees, and you know, those other costs of a Disney vacations, like tickets, travel, and meals.

But, it can be expensive, and 50 years is a long time to vacation in the same destination. And, of course, it is a timeshare program. These are hard to get out of, and can be difficult to resell. There’s also limited DVC accommodation inventory, which can mean finding the room you want, where and when you want, can be difficult. It definitely requires some pre-planning (and having some backup plans ready).

Copper Creek Cabins

That being said, DVC does offer some additional flexibility. For those who want to be DVC members but also vary up travel plans, there are options to rent out DVC points.  Oh yeah, that’s a thing. DVC members who can’t use their points before they expire will often “rent them out” to recoup a bit of the cost of the value of those points, and it enables other guests to book stays in DVC resorts and save a little money at the same time. Now, this is not a revenue-generating option, but it does help balance out some of the potential loss of unused points going to waste.

DVC is a HUGE financial commitment. So, as with any big purchase, do your research and be honest with yourself about your finances, other financial goals, and your family’s vacation style and needs. DVC is not the best fit for everyone, but it can make sense for many!

A Complete Guide to Renting DVC Points at Walt Disney World

What are your thoughts on Disney Vacation Club? Let us know in the comments!

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13 Replies to “Is Disney Vacation Club Worth It? A Deep Dive”

  1. I bought into the Riviera in March 2022, 200 points.
    I financed the first year but paid the entire loan balance after that. Our trips will usually consist of getting 2 studios, as I calculate with our usual group of 4 adults, Based on my calculations, if we book similarly each year based on what the hotel charges, we will recoup the cost in just 3 visits of booking a week each. That doesnt take into account the annual fees, of course, but to me, it seems worth it, or will after just 2 additional visits. I don’t mind booking out months in advance, and one of the friends in my group has a different point-based timeshare she can use to book tickets and flights instead of rooms, so we don’t pay too much up front other than meals and souvenirs now. And yes, we all have been huge Disney fans for years.

  2. Very well written! You did a great job explaining the reality of ownership.
    We bought in 2015 with the idea of going every other year and staying for a week in a 1 bedroom(there are only 3 of us). We are huge disney fans and at the time lived in Utah and went to Disneyland often enough to be pass holders. Our first trip was Animal Kingdom Lodge, the we did Aulani. Then we moved to Florida and live 2.5 hours away. We initially thought we should sell cause we’ll go often so spending a full week seems unlikely. But we have managed to use it even more! We book 2-3 night stays in a studio and get to enjoy the properties several times a year! We’ve actually talked about adding points cause we go so much. We also vacation all over the world, take cruises and have other non-Disney experiences. But travel and life experiences are very important to us so we make it a priority.
    We’ve not regretted buying in even once! We love DVC! I do understand those that are disenchanted from buying years ago and not having all the perks. However they are just that, perks, not part of the contract so they’ll come and go. Our deciding factor to finally purchase (and we talked to our rep for 9 years before we pulled the trigger) was it allowed us to stay in deluxe accommodations when we wouldn’t otherwise been able to do it.
    It’s perfect for us, but it is not for everyone!!

  3. One additional factor to consider: How much vacation time to you get? If your employer only offers you two weeks a year, do you want to spend half your vacation time for the next 50 years at Disney?

  4. My wife and I were just remarking this morning about how unbelievable it is that so many DVC contracts are sold. So much money! Are DVC owners suckers or just rich?

  5. Use to love going. Ben going since 1982. Bought into DVC in 2008. BLT 200 points and SSR 2012 110 points from aftermarket.
    Now since Covid and Chapek changes: No Magical express, NO Fastpass, having to get up 7am for Genie + and being on your phone all day, overcrowding, it’s not worth it. Use to go 3 times a year. Went last Sep 2022 as our AP was going to expire Oct 2 and no other trip planned till following Dec 2023 we let it expire. Now with no AP for DVC being sold we will go in Dec with family and then Done with Disney. Not your Father’s Disney, to stressful and overpriced.

  6. We’ve been DVC members since 1994. At the time, we paid about $50 per point. I always tell people it’s not an investment. It’s a guarantee you’ll be able to have a nice vacation each year. We’ve gone to Disney World every year except when they closed. We always stay in a one bedroom suite at the Old Key West Resort. We’ve also used our membership to go to other destinations. Now that we have grandchildren, we’ll be taking them next January to Disney World along with their parents. There’s no way we could do this without being DVC members. You always hear the negative talk about DVC, but most of those comments are from people who aren’t members. Let’s face it. Vacations aren’t going to get cheaper. We’re staying in the same room level we stayed at since 1994. Looking at a one bedroom suite at Old Key West Resort in September 2023 it’s $665 per night! I think over the years, we’ve made a good purchase. However, it’s a matter of choice and personal finances.

  7. About 10 years ago I looked into DVC. At the time I had a Marriott Time Share so I was very familiar with
    time shares and their workings. After speaking to a DVC Rep and looking at all of the fine print, no thanks!
    It looks like that 10 years has not increased the value.

  8. Good overview. Thank you. For me, the answer was no. There is no reason to lock in. I’m so glad I didn’t, I am able to be much more flexible and now the kids have seen more and are able to go back to Disney when they want to instead of taking away options.

  9. Been a DVC member since 2002. We bought 300 points per year which is adequate for our needs. Our Association fee this year (and it does increase each year) is $2200. We paid $20,000 ,I think, in 2002. So if you do the math, cost plus 50 years of association fees minus the cost of what the accomodations would have cost had we paid for them, and we really don’t save anything and likely it costs us money. All that being said, every time I go to Disney I calculate what our accomodations would have cost had we paid for them. This year we went and stayed at the Boardwalk (home resort is the Beach Club) and we saved $4,000 ( villa cost minus association fee for the year). It is no bargain, by any means. But you get luxury accomodations (especially in newer DVC places), a kitchen and laundry. We will have 537 points as of April 1 from banking (and you can only bank once- you have to use banked points in the year you bank them to).Next year- trip to Vero Beach resort and to Disney. We are ‘seasoned’ Disney people. We don’t spend all our time in the parks and eat some meals in the room ( get groceries delivered), and we don’t eat in sit down places all the time or spend a lot on souvenirs. And one other thing for families: consider this: if you only vacation during school breaks, Disney is VERY crowded. Very crowded parks do not equal a relaxing vacation. So you may not go to WDW as often as you think. I’d try it a couple times without DVC to see if you walk away from the vacation wanting more or hoping you go somewhere different next time. And the other stuff (park tickets, Genie +, etc) get more expensive all the time. The perks we enjoyed (free luggage and bus service, for example) are gone. So before you sign, I would step back, take a deep breath, and look at the big picture. There is far more to this than the bells and whistles and Disney characters.

  10. NO, DVC is not worth it! I say this AS a current member, and someone who has been going to WDW for over 25 years.
    To back-track slightly, my parents have been members for some 25 years now, and knowing all the ins and outs (or at least I thought I did) I became a member in 2013 at the Grand Floridian.
    That being said, the last 5 years of leadership and covid have shown that it is simply not a good investment. So long as Disney offers you a room for your points they can make any-and-all the changes they want. I (and I’m sure a lot of other DVC owners) learned this the hard way. Everything that sold me on becoming a member at the Grand Floridian was taken away or downgraded: No more orchestra, no more Mizner’s [still waiting to hear what Beauty and the Beast has to do with “old Florida”] 1900 Park Fair still closed, and Citricos remodel was unnecessary and poorly done. That goes without mentioning all the other extra “niceties” that were taken away: magical express, tables in wonderland, true annual passes, fastpass system, etc…Not to mention the questionable re-themeing of Epcot, etc…
    These are all things that in a million years I never would have thought Disney would change. I’m not against changing, or updating or re-theming by any means, it’s a theme park, not a museum, but so many things have been blatant money grabs, and instances of pandering to select and overly-vocal groups of individuals.
    Management can change anything and everything they want at the drop of a hat, and owe you nothing. Save yourself the heartache and don’t invest in it. 2014-2018 stays were some of the happiest moments of my life, but if I could go back in time I would tell myself not to do it.
    WDW has become something for most people to do once or twice just to experience it, and something for those who’re super-wealthy for whom money is no object.

  11. We purchased DVC 15 years ago at Saratoga Springs resort. Aside from initial cost(we paid cash), there will always be a monthly payment fee. Ours is around $200, it goes up by bits every year. We live in New York State, and visit two to three times a year. We have annual passes that are offered at a discounted rate; this perk is greatly appreciated. Looking back, would we purchase again? My answer is yes. When our grandchildren were very young, our whole family vacationed together. Sometimes 14 of us. We stayed in two bedroom villas and those memories will be cherished forever. So many precious moments. Currently, our vacations are just my husband and me in a studio. We are joined by family when their busy schedules permits. They finance their own vacations now. Disney Vacation Club makes me plan more vacations than I probably would. We stay at various other DVC resorts, although lately this is increasingly difficult to find available resorts. Thankfully, Saratoga Springs is always available to us; we have grown to love it. Every Disney vacation is different. There are so many ways your day can evolve. We love the beauty, cleanliness, safety and variety that Disney affords. Cast members are welcoming and polite. I feel membership is still valuable and encourage those interested to join. No regrets. Always a trip to look forward to. If you are young at heart , love Disney, appreciate the finer things in life, or just want to enjoy a perfect vacation , join!!! We love it

  12. I love it. However, I no longer recommend it to anyone due to the drastically increased price for points and maintenance fees over the years. We were only able to afford an initial buy in to BLT because my daughter at the time worked in the Disney college program and was eligible to get an employee discount.
    It is wonderful staying on the top properties and most locations can’t be beat. It has become quite a planning process now to book and get the reservations you want but it’s doable. You also get DVC discount on annual passes.
    Like the article said, it might not be for everyone.

  13. You forgot the Villas at Copper Creek. They are on the Wilderness Lodge campus, which contains the Hotel Lodge, Boulder Ridge Villas in a separate building adjacent to the Lodge, and the Copper Creek Villas within the Lodge and their separate, stand-alone cabins.