HH purchase?

Discussion in 'Purchasing DVC' started by r5moores, Jun 11, 2014.

  1. r5moores

    r5moores R5moores

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    Hi,

    Just curious. Can I purchase HH resale and still book at the regular DVC's? I know I would only have a 7 month window on all of them since none would technically be my "home" resort, but just wondering if that's possible. Like if I could get a good deal on HH with a lower $$ pp because I want to purchase a larger contract and be able to use that for all of the regular DVC's.

    Thanks for your help.
     
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  3. erionm

    erionm DIS Veteran

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    Resale purchasers have access to all of the DVC Resorts and RCI Exchanges.
     
  4. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    If you're looking to purchase mainly for WDW and just trying to get in cheaply, HH will be more expensive long term than SSR or OKW and possibly than AKV as well. VB is even worse. IMO you need to be well under $30 a point to make it a reasonable consideration for HH and under $25 a point for VB for this purpose.
     
  5. r5moores

    r5moores R5moores

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    Just out of curiosity, how is it more expensive in the long run? I know contract length time its only 28 years left, but what makes it more expensive long term? The maint fees?

    This would be my first purchase. I want a larger contract so I thought I might consider it since the $ pp was less than SSR.

    Thanks for your assistance,

    Jackie
     
  6. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    $6.28 per point vs $4.91 with far more risk to HH for dues on the up side. Plus far more difficult to sell if one wanted later. All savings from he cheaper purchase (which really isn't savings anyway) gone in under or around 10 years with most assumption models. Even using the time value of money invested for long term rates (and of course for the difference in dues as well), one could not make up the difference long term. You can manipulate the numbers using TMV calculations up to around 15 years with fairly one sided assumptions but that's about the best you can get. Plus you have no 11 month access to WDW, you have a shorter RTU, a contract worth less AND more difficult to sell, an increased risk of natural disaster, an increased risk of dues increasing faster than the system average and a small but real risk of the resort exiting the system. It's a great resort and reasonable to own if one wants to stay there during a high demand time, otherwise, it's a poor purchase. The same can be said for VB as well, only more so.
     
  7. r5moores

    r5moores R5moores

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    Thanks for the explanation, I'm just going to stick with looking for an SSR resale with the higher points .

    Thanks
     
  8. Mhahnster

    Mhahnster Earning My Ears

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    I don't know his thoughts but the math is kind of like this. Take the difference in maint fees per point and multiply that by the years remaining. (Assuming things never increase)

    That is the cost per point you are paying premium for hilton head.

    HHI vs akv is a .34c pp difference. Over 28 years that compounds to 9.52 per point more you are paying to have HHI over 28 years.

    Buy where you want to have the 11 month advantage. HHI is worth it to us because it's closer.
     

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