Good information. We are not looking at this as an investment to make money on. Obviously, the investment, in the end, is financially worthless because it expires. We enjoy Disney and that is why we are looking. We know it will cost us money in the end, like a car, but you can't buy memories anyway, so we intend to vacation at Disney despite the costs. The timeshare is one way we are looking at it to possibly save money and/or help us afford to go there more often.
Our last Disney World vacation, we stayed at the Animal Kingdom. I thought the room was too small for our family (5) in the end, so maybe we need a 1 BR or bigger, but we would have needed 2 rooms to stay at the other resorts according to the booking agent we used. It cost us about $4000 to stay there for the week (7 days), not including food and other stuff, so it wasn't cheap. That got us thinking that if we did that a few more times, even at other resorts on Disney property, we would have paid for the timeshare. That doesn't factor in the annual fees, but even if that were $1000 per year, and we could go every other year, we would still be 1/2 of what we did pay to stay last time. At 20k investment, pay off would be in about 10 years, giving us another 20 or so years of reduced cost before it expires. That is my current logic anyway. Does anyone agree / disagree? Are there other factor I need to look at that I don't know?
It always helps to talk to people who have done it before jumping in. There are always things you don't look at or expect, and only someone who has been there can tell you about it. Keep it coming, I'm all "ears", lol.
Spence Harper