Probably a VERY stupid Question.... - Disney World

allie5 · #1 July 22nd, 2003, 19:39

...but how long is your membership for? Is it for a set time (40 years rings a bell) and if we bought next year for example, would our membership run out 2044? OR, does EVERYONES membership run out the same year...so if you bought 10 years ago your membership runs out when???? I dont remember this bit from the presentation and Im now wondering. Can someone put me straight?

Thanks.
Allie.

OKWTink · July 22nd, 2003, 20:10

It is a set period of time, and they all run out together, last I knew. I just can't remember the number of years, but 40 does sound right, now. I don't know how this will change for the new (yet to be built) DVCs. Sooner or later, they are going to have to change the expiration date if they continue to build and expect to sell!

allie5 · July 22nd, 2003, 22:48

Thanks Tink. Hmmmm, that might be the end of our DVC plans then. DH was looking for a "catch" and I think he will see this as a big one. Im surprised membership isnt a set period (40 years, 50 years...whatever) regardless when you join. Given that the DVC is over 10 years old now, they MUST need to rethink this soon???

Thanks again.
Allie.

ebud32 · July 23rd, 2003, 01:50

it is set to end in 2042. with the first rite to refuse whatever disney comes up with next.

Scoootch · July 23rd, 2003, 14:28

Yes, 2042 is the expiration for all DVC as of now.

czarina · July 23rd, 2003, 17:31

I do think I read that memberships for the new DVC property, Saratoga Springs, will expire somewhat later--sometime in the 2050's.

But everyone is right. DVC is a lease that expires in 2042. As the years go by, you are buying fewer years of recreation.

Yup, it's the loophole your husband is looking for.

Slowhand · July 23rd, 2003, 21:15

When we joined in1992 we were told that 2042 was when Disney`s lease on their property expired, hence all DVC leases must expire at the same time.
Can anyone honestly believe that the government of the state of Florida will kick Disney out when 2042 arrives?
No doubt when 2042 is here then all DVC agreements will be re- negotiated.

djgiffordrn · August 4th, 2003, 01:46

the interest is tax deductible and some of the annual dues are deductible. I figure in the year 2042 my kids will be over 40...I will be in my 70's...with right of first refusal of the new offering...we were cool with that.

July 22nd, 2003, 22:48	#3
allie5 Super Cast Member Last Online: July 25th, 2007 16:24 Join Date: Feb 2001 Location: Basildon, Essex, England Posts: 111	Thanks Tink. Hmmmm, that might be the end of our DVC plans then. DH was looking for a "catch" and I think he will see this as a big one. Im surprised membership isnt a set period (40 years, 50 years...whatever) regardless when you join. Given that the DVC is over 10 years old now, they MUST need to rethink this soon??? Thanks again. Allie. __________________ Oct 1995: Sheraton World Nov 1996: Sheraton World Nov 1998: Sheraton Safari Oct 1999: Quality Inn Plaza June 2000: DisneyLand Paris March 2001: Orange Lakes Resort May 2002: Highlands Reserve (Villa) June 2003: Glenbrook (Villa) September 2004: Disneyland Paris: Newport Bay Christmas 2004: Highlands Reserve (Villa) October 2005: Animal Kingdom Lodge / Polynesian December 2006: Villa

July 23rd, 2003, 01:50	#4
ebud32 Bud Last Online: February 29th, 2008 23:44 Join Date: Jun 2002 Location: latham , ny Posts: 65	it is set to end in 2042. with the first rite to refuse whatever disney comes up with next. __________________ MARCH 2000 CARIBBEAN BEACH MARCH 2002 ALL STAR MOVIES MAY 2002 COURTYARD Downtown disney MAY 2002 BECAME DVC MEMBER MARCH 2003 Beach club Villas Aug 2004 Old Key West April 2005 Beach Club Villas Oct.2005 Old Key West Oct.2006 Saratoga Springs Dec 2006 Beach club Villas

July 23rd, 2003, 14:28	#5
Scoootch Senior Cast Member Last Online: May 2nd, 2007 20:32 Join Date: Jan 2003 Location: Flagler county, FL Posts: 411	Yes, 2042 is the expiration for all DVC as of now. __________________ Scoootch DVC Member OKW 97'

August 4th, 2003, 01:46	#8
djgiffordrn I could really use a Fairy God Mother Last Online: August 4th, 2006 12:22 Join Date: May 2003 Location: New Hampshire Posts: 201	another point the interest is tax deductible and some of the annual dues are deductible. I figure in the year 2042 my kids will be over 40...I will be in my 70's...with right of first refusal of the new offering...we were cool with that.

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July 22nd, 2003, 20:10	#2
OKWTink Membership closed at user request Last Online: August 6th, 2008 16:03 Join Date: Oct 2000 Location: Well here of course! Posts: 13,521	It is a set period of time, and they all run out together, last I knew. I just can't remember the number of years, but 40 does sound right, now. I don't know how this will change for the new (yet to be built) DVCs. Sooner or later, they are going to have to change the expiration date if they continue to build and expect to sell!

July 23rd, 2003, 17:31	#6
czarina Cast Member Last Online: August 4th, 2003 14:58 Join Date: Feb 2002 Location: Kansas USA Posts: 4	I do think I read that memberships for the new DVC property, Saratoga Springs, will expire somewhat later--sometime in the 2050's. But everyone is right. DVC is a lease that expires in 2042. As the years go by, you are buying fewer years of recreation. Yup, it's the loophole your husband is looking for.

July 23rd, 2003, 21:15	#7
Slowhand Super Cast Member Last Online: July 29th, 2008 16:50 Join Date: Feb 2002 Location: Staffordshire UK Posts: 4,471	When we joined in1992 we were told that 2042 was when Disney`s lease on their property expired, hence all DVC leases must expire at the same time. Can anyone honestly believe that the government of the state of Florida will kick Disney out when 2042 arrives? No doubt when 2042 is here then all DVC agreements will be re- negotiated.

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