We have some friends who bought at FW Villas and they tried to get us to join too. Of course, the price keeps going up and up. I think the cheapest is around $14,500 now at SS, plus the yearly fees (start at around $800 for taxes, Mousekeeping, etc., and they do go up each year basically) that get you in the end. The DVC CM's are very nice and upfront, but like all sale pitches you get caught up and get confused easily by all the numbers and such.
If you are interested this simplified info should help you:
If you truly love WDW and decide to visit yearly or at least every couple of years and are relatively young, with or without children--30 something, then DVC would be OK. We are near 60 and our grown children did not like the idea of taking over the yearly fees and making a commitment for that long a time.
There are a number of ways to use your "points" to buy time at any of the DVC timeshares, or even use to reserve a resort room. You can also use your points to go to other Disney resorts or to other timeshare places in the US and around the world. Like the 4 price "seasons" at WDW--Value, Regular, Peak, and Holiday, your points buy more or less time at a specific DVC location.
The bottom line is that DVC ownership gets you about a 50% discount on say a Villa at FW for say 7 days a year. So, instead of paying $300 a night you pay about $150. That's pretty simplified to say the least. Yes, you can sell your DVC timeshare, but you have to deal with the open market. Disney will not buy them back. You can also sell your points, but it is risky business, unless you know the persons you are dealing with.
I hope that helps. If you have any questions, I would glad to try to answer them for you. :wave: