Originally Posted by Jobelly
ELMC, unfortunately we would be spending quite a bit as at $11 per point for 2 weeks in may it would be quite costly.
I agree with everyone that it would be ideal to see SS but that wouldn't be until may 2014 and as I said the to stay would be high.
I'm not that much of a risk taker but I've got a good feeling about SS. It looks like and airy and not that dissimilar to BC. We've looked to stay at AK in the past but I didn't like the look of it and sure enough when we went for a meal we weren't keen on it. I like the idea that SS is more relaxed and that being there for two weeks we can walk around more and try different pools. I also think as DS gets older the location to laser quest and the golf course will be good.
I might be totally wrong of course and if we buy and hate it we're a bit stuck but I've put an offer in for a 300 point contract. Not sure we'll get in as I've went in lower after checking the thread about passing ROFR.
I will let you know, and if we get it probably spend the next year praying we love the resort.
Thanks again for all the help. First time on dis other than lurking and it's been really useful and friendly.
I understand what the rental rates are, but I am a bit nervous that you are not taking the time to do the math. You can spend $11 per point to rent the points now, or you can spend $50-60 per point for purchase, plus closing costs, plus maintenance fees of $4.80+ for each of the next 40 years. Like I said before, renting points for one vacation will not be half of your DVC purchase price assuming that you are comparing the purchase of a contract that has points equal to the number that you would be renting. One option will cost you just short of $5,000 (assuming 2 weeks in a 1 BR). The 300 point contract you are bidding on will cost you between $17,000-20,000 this year, plus an additional $1,500+ each year going forward.
Whether or not you would like the resort is a completely different issue.