Okay, so my hubby and I decided to look into what the DVC actually was. We aren’t in the position to become involved yet regardless of what we eventually decide.
Here’s what I don’t get. You pay an annual due for every point you have. And the dues cannot go up more that 15% each year, but the dues are compounded interest involved. Now I know they have never gone up 15% so far, but they could and with my luck the moment we sign up they will. So here’s what I figured out
If the dues compounded themselves annually at 15% (I understand this is highly unlikely) and you have 160 points and start at an annual due of $4 per point.
Year 1 dues $4 perpoint - for 160 points=$640 (or $53.34 a month) not bad
Year 45 dues $1873.88 perpoint - for 160 points=$299.820.80 (or $24,985.07 a month.
That scares me. What have your personal experiences been with the DVC and dues increases?