OMG!!! Am I really even thinking about this??

Discussion in 'Purchasing DVC' started by MapleGirl, Feb 7, 2013.

  1. lovin'fl

    lovin'fl DIS Veteran

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    I'm sorry! And AKV is not one of the resorts you can buy direct...not at $145/point. Good luck!
     
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  3. ELMC

    ELMC DIS Veteran

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    Time is on your side, so be patient. Prices for AKV resales continue to drop as more and more contracts come on the market. Remember, it only takes one person to say yes for you to get the contract you want. Good luck and keep bidding! :)
     
  4. MapleGirl

    MapleGirl Perpetual Planner

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    DH and I are still talking and will continue to talk. Disney is offering 100 points at AKV or BWV for $114/point. I know that's what they consider a deal, but ouch!

    If we go for this we have to figure out how to pay for it. Does one need to pay cash for resales or are they often financed?
     
  5. DizBub

    DizBub Totally Addicted

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    Most people here will tell you that you should pay cash but you can arrange your own financing. Can't be any more than what Disney will finance it for.
     
  6. MapleGirl

    MapleGirl Perpetual Planner

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    If we can find what we're looking for we would probably pay cash. Cool.
     
  7. disbound09

    disbound09 Mouseketeer DVC Gold

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    Cash makes it so much easier to enjoy and just pay the MF Keep looking one will come up that's perfect for you.
     
  8. ELMC

    ELMC DIS Veteran

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    Can you please clarify this, because I'm not sure these numbers are accurate. So I'm a bit confused as to what options you're considering. Thanks.
     
  9. joelp

    joelp DIS Veteran

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    Using this method of course assumes you use all of the points available to you over the life of the timeshare (which is not quite as "valid" as calculating a "break-even" point, given the increased uncertainty over longer time frames) - but it is an interesting comparison.

    For example, we bought a fully-loaded 100 point contract last August at $72 pp - 2 years worth of banked points - giving us an average cost of $1.71 pp over the life of the contract.

    So we had to use or lose 100 pts before Dec 2012 - and took a 3-night stay in a 1BR Savanna View at AKV Kidani for 99 points. Now since the MF had already been paid on those points by the previous owner, the trip only "cost" us $1.71 * 99 pts = about $170!!

    Compare that to the rack rate cost of $1,890 for the same room ...:cool1:

    That shows some of the value gained by paying a little extra per point for loaded contracts ...

    Using this same method for our Nov 2013 trip - 1 BR Standard View at AKV Jambo for 7 nights at 181 points, I'll now have to include 2 years of MF, giving a total cost of $1,375. This compares to the rack rate cost of $4,320 for the same room and the rack rate of $2,670 for a Pool View at AKL-Jambo.

    Gotta like those numbers ... ::yes::
     
  10. MapleGirl

    MapleGirl Perpetual Planner

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    Sure. I'm not positive this link will go through: link

    This is a page from the brochure that DVC sent me. Basically they are offering points (100 points to 950 points) at AKV for $114/pt. There is a 'developer's credit' as well ranging from $500-$2000.

    I'd still rather buy resale.
     
  11. kenly777

    kenly777 Mouseketeer

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    Am I reading the link incorrectly, because I read $140 pp at the top left. Does it say $114 somewhere else?
     
  12. MapleGirl

    MapleGirl Perpetual Planner

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    Oh, yes! You are right. Thank you for pointing that out.
     
  13. kenly777

    kenly777 Mouseketeer

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    Just wasn't sure if I was reading it correctly. I am in the process of purchasing myself now for our first contract. We opted to go resale, getting a contract for $60pp vs $140! Can't imagine paying full price, as I hesitate even at $60. Good luck in your search :)
     
  14. ELMC

    ELMC DIS Veteran

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    The thing is, if you get in at $60 and change your mind in a year, you can pretty much get out with most of your money. If you buy in for $140 and you don't like it....you're stuck. It's always nice to have options.
     
  15. kenly777

    kenly777 Mouseketeer

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    So very true.
     
  16. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

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    Exactly. You are going to have a hard time finding a buyer for those $140 points (and you'll have to pay a 10% fee to the reseller) when others are selling them for $66.
     
  17. puffkin

    puffkin DVC Owner- SSR & AKV

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    There are three 100 pt AKV contracts that just popped up on Jackie and ****'s site. Looks like the same seller for all 3, October use year.
     
  18. lovin'fl

    lovin'fl DIS Veteran

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    Yes, and even though they are priced high you could still offer lower price per point but offer to pay MF and closing.
     
  19. NHTikiBeckie

    NHTikiBeckie DIS Veteran

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    I just saw them...I didn't know much about that company....reputable?
     
  20. lovin'fl

    lovin'fl DIS Veteran

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    Yes...we used them for our 1st resale in 2006 and are using them right now for the AKV contract we are adding on. They are very good and will take negotiations to the seller and they work weekends.
     
  21. NHTikiBeckie

    NHTikiBeckie DIS Veteran

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    Thank you...I just made an offer :)
     

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