AKV price increase over SSR

[TenThousandVolts]

I am curious why everyone thinks the price per point will be higher with akv- is there "insider info" suggesting that. I guess Disney could do an increase in one of 2 ways- a price per point increase or points per night increase - which would cause the need for people to buy larger contracts. I actually hope it is more $$$ per point and the points per night are somewhere in line with BCV & VWL- but is there any wisdom in why Disney will choose one way over the other of increasing the cost of AKV?

 

[Anal Annie]

We just bought into SSR in Dec. - but had stayed at the Animal Kingdom Lodge a few yrs. ago & loved it. Before deciding to thru with the purchase we asked our guide about waiting for AKV and he said he was reasonably certain it would open for a higher cost - plus the Friends & Family incentive would be over by then. We interpreted that to mean the base $ per pt. to buy in would be higher. The guides really can't tell you specifics right now w/o getting into trouble - but they can hint. Since we knew someone who'd just bought last year we were able to use the friends & family referral and pay the $86 / pt. so there was no point to wait & pay more than necessary! Our guide was just trying to point out the obvious from a financial standpoint. Since you can USE any of the DVC resorts (it's just the home resort priority period is less elsewhere), we figured we can always USE the AKV for future stays - so waiting for the sales to open there didn't make a lot of sense financially. The base price only goes up - it's just the incentives that change....
Glad we bought when we did rather than wait any longer and wish we'd done in it back in '04 when SSR first opened!!!

 

[NoKatMom]

We also sat for the presentation on Sat 1-06-07 and our guide indicated to us that the price/point was going up not only in March, but would likely go up every quarter. He also stated that he was fairly certain that the price/point would be higher for AK as well as the dues. They will be adding more animals and you have to pay someone to feed the animals, clean up after the animals, ets.

 

[I'mNoPrince]

I see points up just a bit, but per night higher around the BCV/BWV (Nonstandard) . The Mfees will be the biggest kicker when the new section is built.

 

[3DisneyKids]

I see points up just a bit, but per night higher around the BCV/BWV (Nonstandard) . The Mfees will be the biggest kicker when the new section is built.

Agreed. Initial buy in will be slightly higher than SSR (though there will be pre-sales incentives), the points will be in line with BCV.BWV/VWL, and the dues will be the highest in all of DVC. My guesses...

 

[3DisneyKids]

ANother thread is reporting that in March SSR points will go up to $104 per point. So, we have that number to base off what AKV will go for.

 

[Dean]

Reliable rumors suggest the price for SSR is going up in March to $104 ($3 increase). Expect AKL to open at that price and to have some type of bonus system to reduce the SSR price by around $10-15 per point.

 

[Granny]

I am curious why everyone thinks the price per point will be higher with akv- is there "insider info" suggesting that.

I haven't been around since the beginning of DVC, but haven't they increased the price per point every time they've opened a new resort? Seems like they have to me.

And then discount back the "older" resorts they are still selling, as Dean suggests. Seems to me that's Disney's track record.

Or, my memory could be off.

 

[TenThousandVolts]

Very exciting- I can't wait for the details!

 

[keishashadow]

As a relative newbie who bought existing resorts have a couple questions:

1) When a new resort is sold what do they base the dues on...moreso, how do they arrive @ the magical $ amount....a guesstimate?

2) In the 2nd or 3rd years of operation (barring acts of God); have due @ any resort every skyrocketed?

I am concerned as to the AKV animal $ factor fluctuating wildly, unless they have some sort of escrow accout to cover this type of thing.

As far as I'm concerned, DVC can keep raising the rates of buy-in...someday, I too can say I bought low .

 

[Dean]

As a relative newbie who bought existing resorts have a couple questions:

1) When a new resort is sold what do they base the dues on...moreso, how do they arrive @ the magical $ amount....a guesstimate?

2) In the 2nd or 3rd years of operation (barring acts of God); have due @ any resort every skyrocketed?

I am concerned as to the AKV animal $ factor fluctuating wildly, unless they have some sort of escrow accout to cover this type of thing.

As far as I'm concerned, DVC can keep raising the rates of buy-in...someday, I too can say I bought low .

To add to what Granny said. My recollection is that most new resorts opened at the current price and that they generally did not open with a price increase, then there was a price increase fairly early in the sales process.

When you buy from DVC the dues are prorated. You will pay the remaining months for the year based on the later of 3 dates. When you sign the contract, when the resort officially opens, or when your unit is actually available for occupancy and you get your points. That's true even if you get the previous use years points which tends to vary with the use year compared to when you're buying. Some SSR buyers early on actually got points back to the Dec prior to when they opened in the spring (? May).

 

[Granny]

To add to what Granny said. My recollection is that most new resorts opened at the current price and that they generally did not open with a price increase, then there was a price increase fairly early in the sales process.

Dean....I'll go with your recollection. My only "experience" was the opening of BCV and SSR, and for whatever reason I thought they increased the price right away. I am sure your memory is better than mine.

 

[Anal Annie]

As a relative newbie who bought existing resorts have a couple questions:

1) When a new resort is sold what do they base the dues on...moreso, how do they arrive @ the magical $ amount....a guesstimate?

2) In the 2nd or 3rd years of operation (barring acts of God); have due @ any resort every skyrocketed?

I am concerned as to the AKV animal $ factor fluctuating wildly, unless they have some sort of escrow accout to cover this type of thing.

As far as I'm concerned, DVC can keep raising the rates of buy-in...someday, I too can say I bought low .

I asked our guide a lot questions - about the dues - specifically at SSR he said they'll most likely go up more after it's completely sold out because the funds going into escrow now for future repairs & improvements are still being subsidized by Disney. Once it's all sold & Disney's out then it's up to the owners to fund 100% of those things via annual dues. Being beach properties, the dues at Vero Beach & Hilton Head have to be able to cover the effects of the salt air & storm damage - so they tend to be higher.
But to our advantage for the time being, SSR is still a new resort & doesn't generate the same amount of required maintenance that an older resort needs - yet. So just like with any other HOA - maintenance and dues will probably increase at a higher rate in later years to keep the property up to standards as it ages.

 

[Dean]

Dean....I'll go with your recollection. My only "experience" was the opening of BCV and SSR, and for whatever reason I thought they increased the price right away. I am sure your memory is better than mine.

For SSR I think there was a price increase just about the time it officially opened but the old price stayed good for current members for another month to 6 weeks. I seem to recall BCV as a similar situation but am less clear. Regardless, I'm pretty sure there has never been a price increase at the initial start of sales. Maybe others will have more info.

 

[keishashadow]

thanks...apologies to OP, don't mean to hijack thread, sorry.

One more Question 1 should have asked before I bought...

*Is there a "cap" on how much dues may raise both in 1 year & overall?

Hate to think that as a selling tool the maintenance costs are skewered low to entice buy in's.

 

[TenThousandVolts]

thanks...apologies to OP, don't mean to hijack thread, sorry.

One more Question 1 should have asked before I bought...

*Is there a "cap" on how much dues may raise both in 1 year & overall?

Hate to think that as a selling tool the maintenance costs are skewered low to entice buy in's.

No apology needed-
I think the cap on MaintFees (excluding the prop. tax portion) is 15% per year. The WDW resorts look to average about a 3-4% yearly increase if you look at the history fees- HHI and Vero seem to be less predictable.

 

[JLitfin]

Does anyone have any idea how much the other resorts (BCV, OKW, BWV etc.) will be raised to, right now BCV, BWV and VWL is $95 a pt.

 

[dumbo71]

We also sat for the presentation on Sat 1-06-07 and our guide indicated to us that the price/point was going up not only in March, but would likely go up every quarter. He also stated that he was fairly certain that the price/point would be higher for AK as well as the dues. They will be adding more animals and you have to pay someone to feed the animals, clean up after the animals, ets.

I don't agree with much your guide stated.

Price per point will be whatever SSR is selling for at the time AKV points are released. BOTH will likely get incremental increases from there. There may be some higher discounts to sell the remaining SSR making it cheaper but the base will likely be the same.

Points per night will likely be around the same as BCV unless the rooms sleep more as rumored. Even then I wouldn't think it would be much more for one extra person.

Dues will likely be on the higher end for DVC but not crazy high. My guess is somewhere around $4.75/pp initially.

For those thinking price and dues will be far higher, I strongly disagree. Why would anyone own there when you could own far cheaper elsewhere and trade in at 7 months?. Prices need to be in line or it won't sell. DVC knows this much I'm sure.

Your guide was just being a company man and spreading this misinformation to get people to buy SSR to sell it out. The fear of rising prices often spurs new buy ins and resales from those on the fence.

You know the real beauty of this is that we can speculate all we want and none of us is wrong. We are all just guessing at this point.

 

[CarolA]

I don't agree with much your guide stated.

Price per point will be whatever SSR is selling for at the time AKV points are released. BOTH will likely get incremental increases from there. There may be some higher discounts to sell the remaining SSR making it cheaper but the base will likely be the same.

Points per night will likely be around the same as BCV unless the rooms sleep more as rumored. Even then I wouldn't think it would be much more for one extra person.

Dues will likely be on the higher end for DVC but not crazy high. My guess is somewhere around $4.75/pp initially.

For those thinking price and dues will be far higher, I strongly disagree. Why would anyone own there when you could own far cheaper elsewhere and trade in at 7 months?. Prices need to be in line or it won't sell. DVC knows this much I'm sure.

Your guide was just being a company man and spreading this misinformation to get people to buy SSR to sell it out. The fear of rising prices often spurs new buy ins and resales from those on the fence.

You know the real beauty of this is that we can speculate all we want and none of us is wrong. We are all just guessing at this point.

Actually the guide was probably doing the EXACT same thing this whole thread and all of the others are GUESSING! Disney hasn't given the guides detailed information on costs etc yet because Disney is very good about keeping the details tight until the proper legal steps are compelted for the sale. There were just as many rumors about SSR and probably half of them were true and half weren't

 

[3DisneyKids]

Why would anyone own there when you could own far cheaper elsewhere and trade in at 7 months?. Prices need to be in line or it won't sell. DVC knows this much I'm sure.

I agree with this. Remember that AKV, once completed, is going to be BIG...smaller than SSR and OKW, but not much smaller than OKW. They cannot make it too much more costly or it really will be an issue. When a resort is that large, the 11 month window becomes less important. If it is easy to get in at 7 months (which I think it will be once all sections are complete) then there is little incentive to own there when you can get in at 7 months and own cheaper points elsewhere. Thus, it won't make sense for the buy-in and dues to be astronomical.

My 2 cents for the day....