15 Jul How Many DVC Points Are Disney Cruises? Is It A Good Value?
How Many DVC Points Are Disney Cruises? Is It A Good Value?
While meeting with Guests as a DVC Guide, I was asked every day about using points for Cruises on Disney Cruise Line. This may sound like a great benefit for members that purchase direct through Disney, however for DVC members, using points for Disney Cruise Line, Adventures by Disney, and The Concierge Collection typically isn’t a good value.
Using points for DVC Resorts is an incredible value, as we showed you in our last video, DVC Resale Economics. Points can also be a good value when used for RCI Exchanges. On the other hand, some of the Member Benefits received by purchasing DVC direct through Disney are NOT worth paying thousands more to receive these benefits. In fact, many DVC members who have access to these benefits choose not to use them, because it just doesn’t make financial sense. Let’s do some math to show you how a banker’s daughter breaks down the value comparison of using DVC points for cruises.
As I’m recording this in May 2020, the direct price for a point at Disney’s Riviera Resort is $195 and the deed is for 50 more years. This means you’re paying $3.90 per point per year. To get the true cost, we have to include the dues of $8.31, so to purchase and maintain your DVC membership the total cost is $11.09 per point.
Looking at DVC’s 2021 Disney Cruise Line published point chart, a 4 night Bahamian cruise aboard the Disney Dream, sailing March 29th, 2021 in a Category 5 Verandah Stateroom, requires between 223 and 259 points per adult for a total of 446 to 518 points for 2 adults. Let’s be conservative for this example and use the lower 446 points. Multiply 446 points by the total cost of $11.09 per point which is $4,946.14, plus the $95 transfer fee for DVC members, which gives you a total cost of $5041.14 to book this cruise using DVC points.
Comparing that to the Disney Cruise Line published rate today, May 20th, 2020, for the same cruise. The cost for a party of 2, including taxes, fees, and port expenses is $3983.
A DVC member using their points to book this cruise is actually paying $1058.14 more than paying cash for their cruise.
Let’s look at one more example using a 7 night Eastern Caribbean cruise aboard the Disney Fantasy, sailing April 3rd, 2021 in a Category 5 Verandah Stateroom. This cruise requires between 350 and 406 points per adult for a total of 700 for 2 adults if we’re conservative and use the lower 350 points. Multiply 700 points by the total cost of $11.09 per point, which is $7763 plus the $95 transfer fee for DVC members, giving you a total cost of $7858 to book this cruise using DVC points.
Compare that to the Disney Cruise Line published rate today for the same cruise, which is $5756 for a party of 2, including taxes, fees, and port expenses. Using DVC points to book, you’re paying $2102 more than if you paid cash.
Now, I’m going to share with you the secret to using your DVC points to book cruises, even when you buy through DVC Resale Experts, without Disney’s direct member benefits. Rent your points and use that cash to book your cruise! With most DVC rental companies, even after paying their fee, you’ll receive about $15 per point. If you rent the 446 points to book as a DVC member for the 4 night cruise, that’s $6690! You’d only need to rent 266 points to pay cash for the same cruise. I don’t know about you, but I’d rather rent 266 points and keep the additional 180 points to be able to use those for other vacations. With 180 points, I could book a full week in a Deluxe Studio at a DVC resort, and have more points left over for another 3 night getaway.
For the 7 night cruise, you’d only have to rent out 384 points, compared to the 700 points you’d have to use to book as a DVC member utilizing the direct member benefits. It’s crazy to use your points to book!
Even buying through DVC Resale Experts without the direct membership benefits, you can still enjoy a Disney Cruise Line vacation with no money out of your pocket. It’s a much better value!