Ahhh BLT or BCV or hold off!?!?!?!?

[culli]

I didn't see in the thread that you had received a response to this. From BLT, the resort monorail will take you to the Magic Kingdom (or, like you said, you can walk) and the GF and Poly, but you are correct that you will have to change monorails at the TTC for Epcot.

Either way you go, good luck with your DVC add-on decision.

Crystal thanks, wish I didn't have to switch monorails, not a big deal if wife and I just go but with the 3 little guys is not ideal.............great thing about DVC is they are all great. I'm sure I will fall in love with blt after our stay. Funny we stayed as SSR and thought how could anything beat this......then onto BWV and WOW how awesome I can walk to EPCOT and DHS. I had no desire to stay BCV thinking how can it be better than SSR and BWV....well we stayed there and I feel in love with the place, thinking wow I could live here. I really don't want to stay at BLT because how could it be better than BCV? If history repeats itself I'm sure we will go nuts over it. We also stayed at VWL and we like it and will stay again but didn't WOW me like BCV and BWV.

The only problem I have with DVC is everytime I make a ressie I think....oh but I will miss this we should stay there!!!! I really want to stay at OKW due to the size of the rooms but for me walking to a park is #1.

Now that I'm excited for our BCV contract I"m positive Disney will ROFR it right up from me! Good thing there will always be more available and we really don't need pts right now.

 

[culli]

Great RORF up my BCV contract then call me and tell me guess what BCV pts are available DUH you just bought them from underneath me

I keep going back forth on the buy BLT don't buy BLT. Now I hear if you buy 200 it is 94 a pt

I know if I don't buy we will fall in love when we go there in Oct and it will probably be $112 again with my luck. But with the economy, not being sure my wife not having a clue about how DVC works except she likes going and she loves BCV.

Just can't see paying close to same price for BCV when I can get BLT for almost same price with cheaper MF and 2060 exp oh what to do what to do

 

[Dean]

Great RORF up my BCV contract then call me and tell me guess what BCV pts are available DUH you just bought them from underneath me

I keep going back forth on the buy BLT don't buy BLT. Now I hear if you buy 200 it is 94 a pt

I know if I don't buy we will fall in love when we go there in Oct and it will probably be $112 again with my luck. But with the economy, not being sure my wife not having a clue about how DVC works except she likes going and she loves BCV.

Just can't see paying close to same price for BCV when I can get BLT for almost same price with cheaper MF and 2060 exp oh what to do what to do

Isn't that (in part) what ROFR is for?

 

[culli]

Isn't that (in part) what ROFR is for?

Thanks Dean!!!!!!!!! Looks like it works too!

 

[Dean]

Thanks Dean!!!!!!!!! Looks like it works too!

If it pushes you or others towards a retail purchase, it certainly does.

 

[icydog]

If it pushes you or others towards a retail purchase, it certainly does.

Dean, I have always looked at you as a mentor. I know that DVC is not for everyone, but I love my DVC properties.

I am assuming you do too..do you own a lot of DVC points? Did you buy them in the beginning, as I did, and then did you add on-- over-- and over-- just like I did? I am just curious, you don't have to answer if you feel this is privacy invasion. Like I said, from your knowledgeable posts I am just curious (okay nosey!)

Marylyn

 

[Dean]

Dean, I have always looked at you as a mentor. I know that DVC is not for everyone, but I love my DVC properties.

I am assuming you do too..do you own a lot of DVC points? Did you buy them in the beginning, as I did, and then did you add on-- over-- and over-- just like I did? I am just curious, you don't have to answer if you feel this is privacy invasion. Like I said, from your knowledgeable posts I am just curious (okay nosey!)

Marylyn

DVC was my first timeshare and OKW is my first love. I bought my first points resale in 1994. I'd venture to guess that I was one of the first to buy resale, esp from someone they didn't know. I originally bought a 270 point contract at OKW. Later I added a 232 pt OKW contract in a different UY. I had a high of 885 points at BWV and OKW over 3 UY. I later sold all 3 OKW contracts, kept the BWV and added 100 points at AKV and intended to sell the BWV contract and keep a minimal AKV option (I toyed with only keep 25 points total but ended up at 100 (4*25). During this time I had learned about and bought other timeshares. At no time were any of my sales related to being unhappy overall with DVC and even though I sold off all OKW options, it still was my favorite resort and will be again if they can get their act together. I simply made a decision that the value was at or near the top combined with the idea it was much easier to reserve OKW at 7 months out with other points than the reverse.

It's hard not to love DVC if you love Disney as I do but I think the difference between myself and many others on this board is that while I love it, I am not in awe of it. I look at it practically and realistically and have educated myself enough to have real, as objective and valid comparisons to other options and timeshares as possible. I am always amused and saddened when someone posts that DVC is the best timeshare when they haven't done much if any investigation to know if that's actually true or not. The answer is it is for some and not for others depending on a number of factors.

 

[culli]

DVC was my first timeshare and OKW is my first love. I bought my first points resale in 1994. I'd venture to guess that I was one of the first to buy resale, esp from someone they didn't know. I originally bought a 270 point contract at OKW. Later I added a 232 pt OKW contract in a different UY. I had a high of 885 points at BWV and OKW over 3 UY. I later sold all 3 OKW contracts, kept the BWV and added 100 points at AKV and intended to sell the BWV contract and keep a minimal AKV option (I toyed with only keep 25 points total but ended up at 100 (4*25). During this time I had learned about and bought other timeshares. At no time were any of my sales related to being unhappy overall with DVC and even though I sold off all OKW options, it still was my favorite resort and will be again if they can get their act together. I simply made a decision that the value was at or near the top combined with the idea it was much easier to reserve OKW at 7 months out with other points than the reverse.

It's hard not to love DVC if you love Disney as I do but I think the difference between myself and many others on this board is that while I love it, I am not in awe of it. I look at it practically and realistically and have educated myself enough to have real, as objective and valid comparisons to other options and timeshares as possible. I am always amused and saddened when someone posts that DVC is the best timeshare when they haven't done much if any investigation to know if that's actually true or not. The answer is it is for some and not for others depending on a number of factors.

I agree much cheaper and nicer units then DVC. One thing they get me is with staying offsite, I just can't get myself to do it. Which is why I find it odd that DVC is going to anywhere besides WDW or WDL as is so much better and cheaper options. If I'm going to the new DC site they might consider......why go DVC when I can go Wyndham for larger, nicer and much much cheaper. Same with Hawaii and well HH or Vero for that matter.

I need a cure for having to stay on site....then OH MY would my pocket book be much heavier!!! I'm right in the Disney sweet spot......3 kids under the age of 6 with 2 parents that like Disney.

I bet when you sold your OKW contracts you didn't lose anything from original price. I'm thinking with BLT at $96 and small contracts in 10 years if I wanted to reduce my pts I could probably get most of that back. Look at what resale is for almost everything except SSR & AKV compared to the orignal price they offered. Hey the economy isn't going to stay like this forever, I know it feels like it but I doubt it! Great now I'm talking myself into buying more grrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.

 

[Dean]

I bet when you sold your OKW contracts you didn't lose anything from original price. I'm thinking with BLT at $96 and small contracts in 10 years if I wanted to reduce my pts I could probably get most of that back. Look at what resale is for almost everything except SSR & AKV compared to the orignal price they offered. Hey the economy isn't going to stay like this forever, I know it feels like it but I doubt it! Great now I'm talking myself into buying more grrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.

No, I made a little money though not a lot. And while you're probably right about BLT, CA and possibly AKV to a degree, I think we're at or over the crest for the rest. My thoughts are that SSR will rebound a little more than the 2042 options and that things will stay flat for a while then start to slowly decline due to the RTU. But there are so many variables and things could change in an instant with the next change in DVC itself. And I think the days of significant profits on buying and selling DVC are past us.

 

[missycj96]

Grrrrrrrrrrr just looked at the glutony of SSR contracts out there and being patient I'm sure I could get a nice contract in the 60-62 pt range. I just don't want to have so many pts at one resort but WOW the resale prices look nice.


Hi - I am buying a SSR resale at $65. I thought that was a good price. Is SSR really going for $60 to $62? Are SSR contracts getting through ROFR for $60? I hope I'm not paying too much. I didn't want to lose the contract and have to start all over for a few dollars but I did want to get a good deal. What does everyone think?

 

[culli]

Grrrrrrrrrrr just looked at the glutony of SSR contracts out there and being patient I'm sure I could get a nice contract in the 60-62 pt range. I just don't want to have so many pts at one resort but WOW the resale prices look nice.


Hi - I am buying a SSR resale at $65. I thought that was a good price. Is SSR really going for $60 to $62? Are SSR contracts getting through ROFR for $60? I hope I'm not paying too much. I didn't want to lose the contract and have to start all over for a few dollars but I did want to get a good deal. What does everyone think?

You have to look at the total cost of the contract too. Is it loaded with pts? Who is paying closing costs and 09 MF seller or buyer? I think 65 is a very good price but without knowing all the variables hard to tell. If it is a striped contract (no pts available til 2010) then I would say ahhhh probably not a good deal at all. FYI I bought a loaded SSR contract with seller paying closing and 08 mf (which is not a big deal but wanted to clarify in the contract) about 6 months ago at $70. So I would say $65 is a good price.

Dean - I wouldn't be looking at making a profit on DVC just not buy in at $96 then look to sell in say 10 years (or any amount of time) and be selling at $50 pt like most TS resales you get. I just think buying BLT for $96 that anyone needing to sell wouldn't be losing much. I'm also interested to see what will happen in resale as I think with people being wiser and DVC doing it with 50pt contracts. i.e. if I get 200pts I'm going to have them do it in 4 50pt contracts so if something happens I'm more likely to get it sold and get a decent price. I think this will keep resale prices up and also make ROFR easier for Disney

 

[icydog]

I wouldn't be looking at making a profit on DVC just not buy in at $96 then look to sell in say 10 years (or any amount of time) and be selling at $50 pt like most TS resales you get. I just think buying BLT for $96 that anyone needing to sell wouldn't be losing much.

I'm also interested to see what will happen in resale as I think with people being wiser and DVC doing it with 50pt contracts. i.e. if I get 200pts I'm going to have them do it in 4 50pt contracts so if something happens I'm more likely to get it sold and get a decent price. I think this will keep resale prices up and also make ROFR easier for Disney

Most other timeshares, except for the obvious ones like HGVC and Marriott, sell for less than $.30 on the dollar. Thats right a 65-70% decrease in price. In fact, I sold a timeshare for less than $1. I said Sold but I actually gave away the timeshare (Royal Holiday 15K points) and it cost me over a $1000 to do it. It was a dog that I didn't have a use for. I figured it was better to pay all the fees, including a special assessment fee, to get someone to take it off my hands rather than to own it. I learned my lesson, I only buy named brands in good seasons now. I have Bluegreen points, Marriotts and DVC that's all.

I paid $55 for my OKW points. I could sell them for $70 now and maybe I should. I agree with Dean. They will only be depreciating going forward. I do not see that happening with my BCV anytime soon. I could hold onto them for another five years without any ramifications. The same holds true for my AKV and my BLT points. I will hold onto them.

I want to sell my points for a profit, who doesn't, the problem being now I also own three VB contracts. One is 170 points and the other two are 50 and 100 points. I cannot make my money back on them. I will lose money in fact. With the high maintenance fees and the fact that the Dodgers no longer train in VB those points have become a drain on my portfolio.

Don't get me wrong, I love VB, but I mainly use my VB points at 7 months to snare other WDW DVC resorts. I think, however, since the addition of AKV I might be able to get into OKW with those points but SSR folks still make it an upward battle. They claim OKW points reservations at 7 months now, but with the addition of AKV, they may be able to slip into that new resort. I hope so.

 

[culli]

Most other timeshares, except for the obvious ones like HGVC and Marriott, sell for less than $.30 on the dollar. Thats right a 65-70% decrease in price. In fact, I sold a timeshare for less than $1. I said Sold but I actually gave away the timeshare (Royal Holiday 15K points) and it cost me over a $1000 to do it. It was a dog that I didn't have a use for. I figured it was better to pay all the fees, including a special assessment fee, to get someone to take it off my hands rather than to own it. I learned my lesson, I only buy named brands in good seasons now. I have Bluegreen points, Marriotts and DVC that's all. .

.30 on the dollar for many other TS can be a stretch too. I got just shy of 500k wyndham pts with decent MF for well under $2,500 which includes the closing cost and resort transfer fees. I think that developer price is around $110 per 1k???? Which put developer price around $55k, really not sure about wyndham math but regardless I think wyndham is the best resale purchase on the market. They have some nice resorts and the internal exchange system works nice and you get the free RCI account (thankfully it is free but that is a different story). Now they do seem to nickel and dime you on stuff but for the price hard to go wrong!

I see your posts on TUG and I know the SSR thing is a pain for you but being an SSR and OKW owner works good for us. We have been lucky getting other resorts recently VWL, BCV, BWV and BLT. I for one love the at 7 months pts are pts which with your VB contract probably helps you too.

 

[Dean]

Dean - I wouldn't be looking at making a profit on DVC just not buy in at $96 then look to sell in say 10 years (or any amount of time) and be selling at $50 pt like most TS resales you get. I just think buying BLT for $96 that anyone needing to sell wouldn't be losing much. I'm also interested to see what will happen in resale as I think with people being wiser and DVC doing it with 50pt contracts. i.e. if I get 200pts I'm going to have them do it in 4 50pt contracts so if something happens I'm more likely to get it sold and get a decent price. I think this will keep resale prices up and also make ROFR easier for Disney

To be honest, I think the days of getting your money back in 10 years are gone also other than maybe very small contracts. But we'll have to see at some of the newer destination resorts. As for other timeshares, if you buy smart going in you have minimal risk. The risk goes with buying retail for something you could get for a song resale.

 

[culli]

Well I added 3 50pt contracts for 150 total at 96 pt. I gave in to the mouse and yes I guess ROFR works as I'm buying BLT from Disney instead of BCV through resale.