If you’re considering purchasing a Disney Vacation Club (DVC) membership, you may be wondering about maintenance fees. After all, owning a timeshare can come with additional costs beyond the purchase price.
The short answer is yes, there are maintenance fees associated with DVC ownership. In this article, we’ll take a closer look at what these fees cover and how they are calculated.
What Are Maintenance Fees
Maintenance fees are an annual fee that DVC owners pay to help cover the costs of operating and maintaining the resorts. These fees are used to fund things like housekeeping, landscaping, repairs and upgrades, and other operating costs.
How Are Maintenance Fees Calculated
Maintenance fees are calculated on a per-point basis. The number of points you own determines how much you will pay in maintenance fees each year.
The exact amount of your maintenance fee will vary depending on a few factors. First, the cost of operating and maintaining each resort can vary from year to year based on things like inflation and any major repairs or renovations that need to be done. Second, the number of points you own can impact your fee as well – generally speaking, the more points you own, the higher your fee will be.
What Do Maintenance Fees Cover
Maintenance fees cover a wide range of expenses related to keeping DVC resorts in top condition for guests. Here are some examples of what these fees might include:
- Housekeeping services
- Landscaping and groundskeeping
- Maintenance and repairs for buildings and facilities
- Utilities such as electricity, water, and gas
- Taxes and insurance
- Resort amenities such as pools, fitness centers, and game rooms
- Upgrades and refurbishments to keep the resorts up-to-date
It’s worth noting that maintenance fees do not cover things like transportation, food and beverage, or park tickets. These are separate expenses that you’ll need to budget for separately.
How Much Do Maintenance Fees Cost
The exact cost of maintenance fees can vary from year to year and from resort to resort. However, as of 2021, the average annual maintenance fee for DVC owners is around $7 per point.
It’s worth noting that some resorts may have higher or lower fees depending on their age, location, and amenities. Additionally, some owners may be subject to additional fees for things like banking or borrowing points.
Conclusion
In conclusion, yes – there are maintenance fees associated with Disney Vacation Club ownership. However, these fees help ensure that the resorts are maintained to a high standard for guests to enjoy year after year. By understanding what these fees cover and how they are calculated, you can make an informed decision about whether DVC ownership is right for you.