LuigiSpice
Mouseketeer
- Joined
- Apr 2, 2019
THV = Tree House Villas (at Saratoga Springs)
Ahhh yes, I really like those from what i've seen.
Well, we did it. 75 points, june use year.
THV = Tree House Villas (at Saratoga Springs)
The problem with Disney ramping up ROFR is that it reduces supply and increases demand. That causes prices to go up. A very liberal ROFR will dramatically cut into the profit Disney can make off of every ROFR they buy because the price they are paying for them will dramatically increase. Plus, they will have to pay the maintenances fees while they hold the properties and pay the closing cost on each transaction.
Please keep in mind that my birthday is in March. Also, just a hint, Vero and VGC are my two favorites.Well it forced our hand! Just called to purchase our 75 points this morning. Not sad about it either! Told hubby it’s his birthday present.
The problem with Disney ramping up ROFR is that it reduces supply and increases demand. That causes prices to go up. A very liberal ROFR will dramatically cut into the profit Disney can make off of every ROFR they buy because the price they are paying for them will dramatically increase. Plus, they will have to pay the maintenances fees while they hold the properties and pay the closing cost on each transaction.
As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
That being said, isn’t this just going to move sales like mine forward? After this initial rush I think sales will be slower in the future. My theory is sales at Riviera are so slow they are trying to bump up sales now to cover up how slow it has been. They know it will hurt future sales, but they hope once the Riviera opens and people can go see the resort, that it will boost sales to a more normal level.
As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
Except, at least it’s my understanding, that only the direct points can be used at future DVC resorts, not the resale portion of your hybrid portfolio. That could mean only 75 (or 100) of those points can be used toward your goal.As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
Except, at least it’s my understanding, that only the direct points can be used at future DVC resorts, not the resale portion of your hybrid portfolio. That could mean only 75 (or 100) of those points can be used toward your goal.
That said, you will still get full discounts even with the minimum direct points.
As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
Resort | Direct Purchase Premium | Contract Years Remaining | Annual "Cost" of Membership |
---|---|---|---|
CCV | $3150 | 48 | $66 |
RR | $4125 | 50 | $83 |
VGC | $4425 | 40 | $111 |
OKW | $4200 | 37 | $114 |
PBV | $5400 | 46 | $117 |
SSR | $4125 | 34 | $121 |
Aulani | $5250 | 42 | $125 |
AKV | $4725 | 37 | $128 |
BLT | $6000 | 40 | $150 |
VGF | $6675 | 44 | $152 |
HHI | $3375 | 22 | $153 |
BRV | $4275 | 22 | $194 |
BWV | $5175 | 22 | $235 |
BCV | $6000 | 22 | $273 |
You’re not wrong, it’s just more difficult to quantify. There’s a clear break even for discounts, where as it’s not as tangible for access and evaluating how much that access is worth.
Financially speaking, a hybrid approach makes a lot of sense. And we have to take a look at the spread of direct vs resale instead of the initial cost. That’s how I looked at it and I came with the following using the highest prices of ROFR executed for the year, and where there was no ROFR; used market value calculators of resellers to come up with what membership essentially costs.
Resort Direct Purchase Premium Contract Years Remaining Annual "Cost" of Membership CCV $3150 48 $66 RR $4125 50 $83 VGC $4425 40 $111 OKW $4200 37 $114 PBV $5400 46 $117 SSR $4125 34 $121 Aulani $5250 42 $125 AKV $4725 37 $128 BLT $6000 40 $150 VGF $6675 44 $152 HHI $3375 22 $153 BRV $4275 22 $194 BWV $5175 22 $235 BCV $6000 22 $273Note: This does NOT take into account annual dues. It is not meant to be a calculator to buy X for the best value to membership. But rather it shows what your membership cost at your home resort would be and assumes you'd have to pay those dues either way.
So based on this, it's easy for me to say - oh well I would get photopass every time. That's worth $169. So HHI and up, it's already worth it. Or to even say if for one year I buy the cheapest annual for a family of 5, plus photopass. That's $2269. If I do that twice, that's $4538 and nearly covers the premium of buying my 75 AKV points direct. Being able to use those points at Riviera...well, that's a bonus. It's valid, I just don't know how to turn it into dollars and quantify it.
As someone who is leaning towards the hybrid approach and agree that my tipping point is the 75 point mark for cost versus benefit. I don't understand why when it comes to the Blue Card Benefits I primarily see people talk about the discounts and not the rights provided. Is this something that is understood?
I am referring to my understanding that with direct ownership we will be able to use those points at ANY current or future resort. To me this is a bigger deal then anything considering that in 20 years the likes of BCV and BWV will expire leaving those up for Direct Sales again and in that case anyone who bought resale would not be able to use those resorts without owning them (I used them as an example because it would effectively remove Epcot resorts from the table once expired).
Am I wrong in thinking this?
Resort Direct Purchase Premium Contract Years Remaining Annual "Cost" of Membership CCV $3150 48 $66 RR $4125 50 $83 VGC $4425 40 $111 OKW $4200 37 $114 PBV $5400 46 $117 SSR $4125 34 $121 Aulani $5250 42 $125 AKV $4725 37 $128 BLT $6000 40 $150 VGF $6675 44 $152 HHI $3375 22 $153 BRV $4275 22 $194 BWV $5175 22 $235 BCV $6000 22 $273Note: This does NOT take into account annual dues. It is not meant to be a calculator to buy X for the best value to membership. But rather it shows what your membership cost at your home resort would be and assumes you'd have to pay those dues either way.