Guess we will see what Disney has planned next.Maybe we will see them on 31st March with RIV/AUL incentives going down then
@Ruttangel I'll also add that I think there's unique value in OKW as SAP from a convenience/logistical perspective.
For owners who use the strategy of "book home resort at 11 months and then change at 7 months," the whole transaction works a lot more seamlessly if you're switching from a cheaper resort to a more expensive one, rather than the other way around.
Pretend you have a 100 point contract and you want to stay for one week in a studio over the summer. You book at your home resort, VGF, which costs 132 points. To do this, you need to borrow 32 points from your next Use Year. When you hit your 7 month window, you decide you want to switch to Old Key West. But those dates are only 87 points. You can bank the 13 from the current Use Year, but those 32 points you borrowed for VGF can't be un-borrowed and now they're stranded, leaving you short for next year and scrambling to find a renter.
Sure, but that just kicks the can down the road. Now you're ending up with 45 points in the next year that are un-bankable.Why would you only bank 13? The 32 borrowed would be used first + 55 from current use year and then bank the 45
But unless you have the exact amount you use every year isn't that always the case? (you have to borrow/bank/rent)Sure, but that just kicks the can down the road. Now you're ending up with 45 points in the next year that are un-bankable.
If you are buying where you are staying then Point charts matter, but buying a SAP contract can be better value.
I know this is direct pricing but here is a comparison when buying to stay at that resort only. If you used VGF to stay a week in OKW it would only be $1.1k.
View attachment 657046
114 pts, HHI, 155 , 7.75, 10 , 17.75 , $2,2023 , 1/31/2042Wait… can you add HHI in there? I’m really struggling with a decision that some are saying is a no brainer.
That is exactly why there is no exact "fit" for DVC! Everyone has to weigh the benefits to them personally before choosing a contract. We have a mix of 2057, 2054 and 2042 and know that even 2042 is a stretch for us LOL! 2042 was a joke when we bought in 1996...where did the years go?By using straight-line "Direct Price Per Year," you're assigning equal weight to a week in a Studio when I'm 75 as a week in a Studio when I'm 35.
I couldn't care less what my points are worth beyond 2054 or so, so this model gives way to much preference to contract length. I care about contract length as it related to 2042 properties, but I'm not interested in subsidizing a higher direct price per year by spreading it over my geriatric decades.
But they have to have a measure by which value is calculated. All things being equal, length of time has value.By using straight-line "Direct Price Per Year," you're assigning equal weight to a week in a Studio when I'm 75 as a week in a Studio when I'm 35.
I couldn't care less what my points are worth beyond 2054 or so, so this model gives way to much preference to contract length. I care about contract length as it related to 2042 properties, but I'm not interested in subsidizing a higher direct price per year by spreading it over my geriatric decades.
Borrowing will solve that.Sure, but that just kicks the can down the road. Now you're ending up with 45 points in the next year that are un-bankable.
LOL. I agree! Thought about selling one of our BWV contracts to offset our VGF purchase --- for maybe 1 whole nanosecond.With these new direct prices I'm considering pulling the OKW contract that I have listed and may just keep it for now. The pitfalls of flipping contracts is wanting to keep them! lol
$1,000 in 2055 is worth about $43 today. It's not zero, but it's closer to zero than $1,000.But they have to have a measure by which value is calculated. All things being equal, length of time has value.
Omg, don’t make me talk economics hahah! Is that counting for inflation over time? Hahahah……$1,000 in 2055 is worth about $43 today. It's not zero, but it's closer to zero than $1,000.