*OFFICIAL* BCV incentives

[invalid_char]

Hi,

I just got off the phone with my guide. The conversation was rushed, understandably, but this is what he said:

For 150 points, you can get $5 off the $75 pp price OR you can get a 5 night stay, good until July 2003, @ Polynesian, Y&BC, Animal Kingdom Lodge, Boardwalk Inn, Contemporary or Coronado Springs.

I had been talking with him about a 275 point package and for this you could get a 7night stay plus a 3 night stay, which could be used consecutively, also to be used by July 2003, OR you could get $5 off per point.

At 310 points, you can do a 7 night plus a 5 night or $5 off.

You cannot get more than $5 off no matter how many points you buy.

BTW, there are block out periods for the free stay: Christmas and Easter.


He said, well he is a salesperson, that he thought the BCV were the nicest looking inside; as an example of how high end they look, he said they have granite countertops in the kitchen as opposed to Corian.

The access road is NOT near the new quiet pool. The rooms with a view of the road are also facing Epcot. The other rooms face the pool.


There is no *official* word on pool-hopping, although he believes that only guests of BC/YC/BCV will be able to use SAB but BC/YC/BCV guests will still be able to pool hop to other resorts (I think Animal Kingdom has same policy)

If you buy now, the use year is Feb.

The villas are opening August 1st, and you can start making reservations with your points on March 6th.

He had to get off the phone rather quickly and I did not have a chance to ask him about the dues, but I have heard that they are low.

Well, that's all the news I have that's fit to print!

[mooses41]

Thank you, did you happen to hear what catergory of room it is for? (I'm assuming standard view) Thanks again.

[goofy4wdw59]

So the incentive is linked to the size of you purchase. At least for the nights stay option. The $5.00 is nice since you don't lose you 1st years points. I'm happy.

BCV here we come.:bounce: :bounce: :bounce:

[invalid_char]

mooses41,

You guessed right. The free stay is for standard views only

[kem330]

My guide Susie is the best, she spent 40 minutes talking to me. Dues are $3.77/point. If you buy Feb use year you start paying dues now. Contracts recorded June 1. Addtl black out for free nights is presidents weekend. Hotels are: AKL, Y & BC, BI. CR POR, Poly, WL, CS, CB. $5.00 off/point comes off your down payment. Financing 50/50, 8.5%, 20% down, 11.5% (automatic deposit). For add ons- you will get your points for 2002 use year, dues payable starting the month of your add on. You can advance your points if you have a later use year. Down payment due two weeks from initiation of contract. Hope that covers it.

[kem330]

Oh and if you purchase 100- 149 points you get 3 nights stay, 150-100, 5 night and 200 a 7 night stay.

[CarolA]

Just an FYI. Guests at the YC/BC and AKL cannot pool hop to other pools.

However, I do think that this going to eliminate DVC guests at the other resorts going to YC/BC pool. (OH this is going to cause an uproar!) However, having paid to stay at YC/BC I agree. It is not nice for paying guests not to find space at the pool because people pool hopped. I have been amazed at the number of people I have seen hiking to their cars in their swimsuits when I stayed at that hotel.

[kinghenry]

Thanks for the info!!

Has anyone heard from their guide this morning what the point chart for BCV will look like--i.e., will it be exactly the same as VWL?

Thank you!!:)

[Johnnie Fedora]

With the free night offer, do you think you will be able to pay the cash difference and stay concierge??

[kem330]

Points are same as BWV preferred. That's a good question Johnnie-

[invalid_char]

For those not familiar with BWV, the point schedule will also be the same as VWL.

[donmil723]

Does anyone know if you can split the free stay? For example, if you got a 7 night free stay, could you split it up to go 3 nights one time and 4 nights another?

[CarolA]

OK, so if I buy now I get the points in June (my use year is March), but I can't start making reservations until August. Personally, if they are recording my points in June, I want to be able to book reservations in June (say for next May using my 11 month window) Does any of this make sense?

I am confused on when we get the points and when we can use them.

[DebbieB]

When you make a reservation, they look at the points you will have available on your check-in date, not the date you are making the reservation. So you would be able to make a reservation in June for May 2003. If you buy now, you would probably be able to even make a reservation for 11 months from when they start taking reservations. If you buy direct from DVC, they allow reservations to be made before closing.

[dvcdenise]

Does anyone know if you can buy the BCV off sight or do we have to make a trip to disney to buy? We live in NY.

[CarolA]

I think that is my concern. I am paying for the points now and paying dues on them now, but I cannot even begin making a reservation at BCV until August. I realize I could use the points to make a reservation someplace else, but it seems like if I buy them at BCV today, I should be able to make a reservation today.

[Simba's Mom]

Although I don't know about BCV and NY, I know we just bought over the phone. I took the tour on a solo trip in January, came home and discussed it with DH (who had asked me to take the tour-he was interested in buying), guide called and we bought. Just had all the papers Fedexed to us, got the bank to Notarize what needed to be, and sent them back. Except now, I feel the pressure-because of my positive report, DH has bought sight-unseen! So when we go, he'd better like it!

[Happy Birthday Cat]

It took quite a while for VWL to be available in New York. I have the feeling that it is going to be a long time.

But here is another question. I wonder if the free nights are transferable? What a great gift to someone. Or in some cases will we see a slew of 3 night stays on e-bay?

[spruce]

Carol, I see what you are saying, but you do have the incentives to buy, the free nights or a $5 discount if, it seems, you buy 100 or more points. For those of us that want less then 100 points there in no incentive to purchase now, with the exception of buying before the June 1st price increase. Plus if your use year is before the offical opening of Sept, you get extra points whereas those of us that have a Sept-Dec use year only get points after the resort is open, no extra points...spruce

[CarolMN]

Originally posted by dvcdenise
Does anyone know if you can buy the BCV off sight or do we have to make a trip to disney to buy? We live in NY.

In order for you to buy over the phone, your state must have approved DVC to sell BCV to its residents. Based on what I've read on this board, NY is notoriously slow in this area. If you don't want to wait for the approval process to run its course, you will have to go to Florida to buy BCV.

Oh well, you really needed a reason to visit anyway, right??:) :)

[DisneyHumbug]

NY is not approved. My guide told me she couldn't even give me info over the phone. I'll have to wait 2 more long weeks til I'm there!!!

[invalid_char]

Regarding the free trip,

If for example you get the 7day + 3 day, you can split the 7 days and 3 days into two vacations OR you can use them consecutively. But you cannot break up the 7 day part. If you buy 310 points or more, you get a 7/5 option; again, you cannot split the 7 days or the 5 days, but you can do a 7 day and a 5 day.

Also, the trips ARE transferable to others. What a gift!

We are thinking of taking the free trip and staying at the Poly. Does that seem like a good choice. We have a 3 yearold.

[BounceyOne]

Thanks for posting this. We will be buying BCV in 2 more weeks on our next trip! It's nice to know a few details and not go in knowing nothing!

[DebbieB]

Originally posted by CarolA
I think that is my concern. I am paying for the points now and paying dues on them now, but I cannot even begin making a reservation at BCV until August. I realize I could use the points to make a reservation someplace else, but it seems like if I buy them at BCV today, I should be able to make a reservation today.

I think that's why they are giving you the $5 discount or free nights stays to make up for buying early. Unlike Magical Beginnings, you are not selling points back, you get to keep them all.

You will be able to make a BCV reservation when they start taking reservations in March. It seems like it would have made more sense saleswise to allow reservations at the same time they starting selling.

I'm not sure about using the points at another DVC resort for a stay before August. It seems like it would tip the system since there are not rooms open at BCV until August for people from other resorts to trade into.

[PamOKW]

I realize I could use the points to make a reservation someplace else,

This is all a little hard to grasp, but I do not think that you could make a reservation someplace else until they actually start taking BCV reservations. In other words, I don't think you could buy today and make a reservation at VWL for next week. In fact, I wonder whether reservations at other resorts would have to be for after August but could be made starting in March? This is the complicated part....when can these points start to be used. There is something funky and that's what the "incentive" is all about.

[wdw1972]

Question on the incentives - Do they take back part of the first year's points in exchange for the $5/point discount or free nights?

[mooses41]

1972- No, they don't. Also, i believe its 10 off for vero and hh.

[Terry S]

wdw1972... No you don't have to sell back any points to get the $5 discount ppt.

PamOKW... My understanding is that your BCV points could not be used until the resort is acutally open projected August 1st, but you could actually make a reservation prior to that for arrivals after the August 1st opening anywhere following the 11/7 month window. With the exception of BCV which reservations will begin in March. I may be way off base, but that was my understanding.

[PamOKW]

Thanks Terry -- I asked you the same question on another thread here. Sorry.

That's the way I understand it as well. You can start making reservations anywhere beginning in March for stays that begin after August 1. So, in effect you are paying for points that can't be used during March-July this year. In return, they "give" you a trip that could be used during this time period but also the added bonus of actually giving you longer to use it or cash at $5 per point. This sounds fair and eliminates the negative of buying before you are able to use the points. My guess is that this incentive will end as the actual opening date approaches....probably in June when they are also rumored to be raising the price.

[TrudyZ]

I'm a little slow this afternoon, so let me ask this and you can correct me.

I have an October use year. If I would buy an add on or additonal contract at VB, HH, or WL (if available) in the next couple of months, wouldn't I get October 2001 points and then get October 2002 points--basically double points? I could then sell back some using MB for $10 per point and still have then ones coming in October 2002?

If I buy an add on or separate contract at BC, I would only get points for October 2002--but could get a credit for $5 per point if I buy over 100.

Just wanted to make sure I got this right--unfortunately I think we were looking at an add on less than 100 points, so I don't think the incentive at BC will help us out.

Trudy

[stephcm]

Will there be standard and preferred views at BCV or just one view, as far as points, like VWL?

[invalid_char]

There will be just one view, like VWL

[eva]

I've read in a couple posts that Vero and HH are taking $10 off per point. Do you have to sell back your first year points for that? Or is it like the offer at BCV where you still get to keep the points? We were just debating this morning between Vero and BCV. This might tip the scale.

[goofymomof2]

We just joined VWL & our guide told us that it is a 10.00 buy back at HH also. You will loose your first years points if you do the 10.00 buy back.

[Debby7]

Since NY is not approved for BCV sales yet, and we are not going back to WDW until Dec, could we purchase BCV when we stay at HH in April if NY is still not approved yet ?? Thanks for the help >

[Brikate]

Originally posted by Debby7
Since NY is not approved for BCV sales yet, and we are not going back to WDW until Dec, could we purchase BCV when we stay at HH in April if NY is still not approved yet ?? Thanks for the help >

... and if NY'ers can not even get any info until NY is approved how will we know when a certian month becomes available for sale? Or are all of the use years available for sale now?? :confused:

We have an Oct. use year and will be intrested in purchasing another contract at BCV but we don't have a trip planned this year. :( We could however plan a long weekend to zip down and buy. Then again, HH sounds like a plan as we will be in Myrtle Beach in April - we can do a road trip :jester:

Kate

[disneydawn]

OK, my use year is Feb. So I would get 2002 points if I bought now...right? Another poster (I think Sprude??) posted something about extra points for those in the first few months of the year. I guess I don't understand. I am confused? Also, we don't plan on going until December. Which option is the best value? The $5 off or the free stay? What's your opinion? Thanks!

[AMI]

This may be a stupid question...but, does anyone know if you also get the year's free points PLUS the $5 off or hotel stays?

[invalid_char]

You get points for this year, period.

Then either $5 off each point OR a free vacation

[LibertySquare]

heres a link for more info http://dvc.disney.go.com/disneyvacationclub/membersonly/addtothemagicindex?id=AddToTheMagic

[Grotto]

Yet another question:

If you pay for your contract in full (we've been saving since the announcement of the BCV), when is payment due? Immediately? Or is it still due in July/August, when payments start in you finance? Also, how much of a downpayment is needed?

Thanks!

[kem330]

There are so many questions, I'll try to answer what I know. First off the incentive is for a limited time only- they want to see what demand is and as some have speculated it may be good until June when the price goes up to $80/point. The incentive is for 100 point purchase :$5 off per point period, no giving back first years points Or a 3 night stay with holiday blackouts. For 150 it is a 5 night stay or $5 off /point. The value of the stay if you compare it to discounted rates for the poly, Y&BC, BI is worth about $200/night(inc tax). So you can save $750 on 150 point contract or $1000 worth of hotel rooms (if you stay at the poly, Y & BC or BI). For new buyers the use year will be February. As mentionned you can make reservations before your contract closes in June. Reservations can be made starting March 6, however the BCV will not be available until Aug. I don't know if you can use your points at another resort before August, but I know you can advance (term used by guide) your points if you have a later use year such as we do for Dec. So I could advance points and stay at BCV starting in August. What I didn't ask is when you could start using those points at another resort. As far as I know this has replaced all other incentives so with VB you get $10 off per point and keep all the points (and I imagine you get previous years points since this resort is already open). I agree with PamOKW this is the payback for not being able to use points until Aug. After that who knows. You do not pay dues until your use year so you are getting a jump on paying for your contract without the additonal expense of dues and before a price increase. So theoretically you are saving $10/point if the dues go up to $80 in June, possibly making it worthwhile to buy in advance- I'm sure there are lots of ways to look at it. Since we want holiday ressies it makes sense for us to get in early so we can make them on March 6. Maybe that won't be a issue- we'll find out soon enough!

[kem330]

For a 3-5 year finance, 20% down, for a 1 year- 50% for cash I'm not sure. I know we have to pay the full 50% down in 2 weeks which doesn't male a lot of sense- you'd think we could just put a deposit and then the rest at closing- I will double check this on Tues.

[PamOKW]

advance (term used by guide) your points if you have a later use year such as we do for Dec.

Kem330 thanks for your patience in sharing what you know. I'm trying to understand the December Use Year example. You are purchasing BCV as an add-on with the December Use Year. You will be getting December 2002 points this December as your first allotment but they are going to permit you to use them between August and December if necessary for a trip. You will only be paying 2002 dues for the month of December. Does that sound right?

[GCM13]

I'm also trying to understand the advance points too. As I was telling it to my husband, I started thinking that it's no different than borrowing your points, I guess, unless you had to cancel your reservations then you'd be able to use those points before Dec. 2003 instead of by Dec. 2002.

[jx3smom]

Grotto, Our guide said you come up with the $ for the down payment within 2 weeks and then you can pay off the loan that you take out with Disney before June 1st, and you will not be charged any interest on the Disney loan since it doesn't accrue interest until June. No prepayment penalty. Does that make sense? Anyone else get info on this?

[spruce]

Disneydawn, What I am saying is that if you bought today and get Feb points, you are getting 2002 points "before" the resort has opened. You can't use them till aug though. If I bought today, I would get 2002 points "after" the resort has opened since my use year is Dec. If BCV sells out by the end of the year (doubtful) then how does Disney plan to have enough rooms for all these points to be used when they gave months of points away before the resort has opened and reservations could be made to use up these points? To me, I see 6 months of points that are being given away before they could be used. I call these extra points. In theory, Disney has the potential of selling a full year of points and only have a a half a year to book them with. Does anybody else see this? Or am I seeing it wrong?......spruce

[CarolMN]

spruce - Remember that this is a new resort and all of the unsold points are in the developer's inventory until they are moved (or "declared") into the member's inventory. I'm sure Disney will declare enough inventory into the condominium to more than cover the points that are sold. Probably they'll "overdeclare" to make sure, and I think they can declare more whenever they see a need. The only way I see a problem is if the entire resort sells out before the end of the year and I think the chances of that happening are so small that it isn't worth worrying about.

[TDC Nala]

I'm not planning to finance through Disney. can I still get $5 a point off? Also, I'll be buying in April. If you buy in April do you get an April use year, or would it still be February?

[BounceyOne]

I'm not sure if this was posted already, but, the point charts are up on the DVC site. And as speculated here, they are the same as VWL or BWV preferredview! Once again the DIS is on the ball!:bounce: :bounce: :bounce: :bounce: :bounce: :bounce:

[kem330]

Nala the incentives are good if you're paying cash as well but I was told they are for a limited time so who knows. I think they will lways have some kind of incentive. Usually they will sell a use year 3-4 months ahead of your purchase date so I would think in April they will still be selling Feb- unless they have a run on points (highly unlikely) and move to the next month. I was really surprised they didn't start with an April or May use year since the resort doesn't open until August. With VWL you couldn't even close until after the resort was open 2 months.

[disneydawn6]

I have an Dec use year. I just did an add on at BWV and used magical beginings got $10 off per points and I will get points this Dec. If I buy an add on at BCV I can only get $5 off and still won't get points till Dec and will be paying Disney in July? This doesn't sound like much of an incentive... Or am I missing something???

[CaptainMidnight]

I think this is an excellent incentive, I'm very pleased. This is more than I expected, to be able to get $5 off and not have to sell back any points, this is much better than magical beginnings.

Thank you DVC, this is excellent. I'll be adding on at the Beach club and I'll see you new fellow owners at Storm Along Bay......

:tongue::tongue::tongue::tongue::tongue::tongue::t ongue::tongue::tongue::tongue::tongue::tongue::ton gue::tongue::tongue::tongue::tongue::tongue::tongu e::tongue::tongue::tongue::tongue::tongue::tongue: :tongue::tongue::tongue::tongue::tongue::tongue:

[CaptainMidnight]

disneydawn6,
I think that's where the extra nights stay comes in. Everyone has different use years, mine is in March so the $5 is great. If yours is in Dec. and the $5 off isn't a great incentive for you, you can choose the extra days stay for your incentive option.

[DisneyKidds]

Did they eliminate Magical Beginnings for those interested in purchasing VWL? If not, wouldn't this make VWL cheaper than BCV? Assuming they are still selling VWL Sept use years with 2001 points that you'd be giving up for the $10 per point (leaving you with 2002 points like you'd have with BCV).

[Peterd]

Denise,
Based on past sales, I think that you wil need to go to Disney to purchase BCV. It seems to take N.Y. a long time to approve the sale IN N.Y. state. I will be there presidents week. I plan on talking to my guide because I am going to sell my OKW points and purchase BCV, so I will have more info then.

[TDC Nala]

A February use year would not be good for me because my usual vacation is in December; should an emergency cancellation be necessary it would probably be too late to bank points, so they'd be lost. I assume Disney won't work around this.

[WebmasterDoc]

Disneykidds...My understanding is that there is no Magical Beginnings now. VWL still has some points available for purchase. MB has been replaced with this new incentive program.

Nala, if you are purchasing a new contract at BCV, DVC can give you another use year. You just won't get any points until that time.

If you're adding on at BCV, they will give you your original use year.

[dizneeluvr]

Haven't been following this whole thread but checked out the first few and doc's last one.

We called this past saturday (2/2) to inquire about MB for a 50 point add-on at VWL. Our guide who had come in to finish up a few contracts called us 5 minutes before closing. Saturday was the LAST day for add-ons at VWL! Only new contracts are being accepted there!!!!!!!! Needless to say, we gulped hard a few times and have decided to go with a 100 point add-on because of the fact that we would no longer have that option 3 minutes later!!

Hope we made the right choice. We weren't ready to buy at that time but felt like we should.

Just wanted to let you know Doc!

Laura