Original Message:
Question on buying a timeshare DVC, costs and missing anything?? (by Charles S.):
I am looking into possibly purchasing a timeshare (resale) from one of the DVC owners.. still narrowing down our home location.
I have some questions..
1. Can you please help me with the math..
If the property is a RTU thru 2040 and it can be used starting next year, cost is 15,000 and 1,000 for maintenance each year (as of this year)
If Disney is charging roughly 300.00/night for this unit size:
if going to Disney to vacation per 24 years of use * (7 nights x 300.00) = $50,400.00
Buying resale: $15,000 * (24 * 1000)= $39,000 (plus fees to purchase with mediator, etc)
Am I missing anything?
Also, the place is in Floating (High Season).. does that mean we can use any week of the year?
What is the Disney vacation points... do we need to worry about those since I do not see anything in the post regarding points?
Any help would be appreciated!