Another WWYD ?

[couldbeme]

I have a chance to try to pass ROFR on a 150pt Vero contract for $40pp.

We really only seeing ourselves going to Vero every 3 yrs, and WDW every yr.
would you go for the contract knowing that you would primarily use it @ WDW and could only book 7mo. out?
The price is so good...
BTW, I don't know if this makes a difference but,we have traveled the last 8 yrs to WDW during the last wk of Sept.- the 2nd wk in Nov. (I know that may change, especially with my kids now being 11&12 yrs old).
I should have purchase back in '02 when I took the first tour!!!!

thanks.

 

[Sandisw]

In my opinion, if your primarily goal is to go to WDW, I don't think I would buy..but since you are going to use it at VB, then it does at least make a bit of sense.

Owning at VB prevents you from ever booking at WDW prior to the 7 month mark. September is not too bad in terms of finding things at the 7 month mark, but November will be trickier.

Depending on what you need and want at WDW will really depend on your success. Most likely, you will be able to find things at SSR and OKW without much trouble due to the size of those resorts. If you are okay with staying there, if that is all you can get, then I might consider it.

Remember, though, MF's are higher at VB and will eat up the savings over a WDW resort in no time. People are getting SSR in the 50's, even BWV in the 60's, so not a huge difference.

If it were me, I would probably look for a WDW resort location since, at the end of the day, the only thing you are really guaranteed is booking at your home resort and you should be happy with what you have.

Good luck!

 

[BirdsOfPreyDave]

Please take a minute to do the math. Vero looks like a very cost effective solution because the points aren't as expensive as the WDW resorts. If it's where you want to stay, it may be very worth it to you to be able to book the summer months. However, it also has some of the most expensive maintenance fees and an earlier end date than some of the newer resorts.

VB: M/F: $6.78 Ends: Jan 2042 (30 years)
The $40 offer you mention would be $8.11 per point per year
($40 / 30 years) + $6.78

SSR: M/F: $4.51 Ends: Jan 2054 (43 years)
There's currently a 150 point SSR contract on the Timeshare Store at $64 per point.
This offer would be $6.00 per point per year
($64 / 43 years) + $4.51

The SSR contract will cost more up front, but is a better value in the long run.

 

[mdsd8700]

Agree with the other posters so far that unless you really want VB for those summer months then it might be better to add more WDW points. The MFs are high at VB and if you did want to stay there every 3 years, you could possibly rent your points to pay for the stay. That way you are not locking yourself into staying there if your vacation preferences change in the future. Since you travel mostly to WDW then it might be best to keep your home resorts there.

Good Luck.

 

[a742246]

Please take a minute to do the math. Vero looks like a very cost effective solution because the points aren't as expensive as the WDW resorts. If it's where you want to stay, it may be very worth it to you to be able to book the summer months. However, it also has some of the most expensive maintenance fees and an earlier end date than some of the newer resorts.

VB: M/F: $6.78 Ends: Jan 2042 (30 years)
The $40 offer you mention would be $8.11 per point per year
($40 / 30 years) + $6.78

SSR: M/F: $4.51 Ends: Jan 2054 (43 years)
There's currently a 150 point SSR contract on the Timeshare Store at $64 per point.
This offer would be $6.00 per point per year
($64 / 43 years) + $4.51

The SSR contract will cost more up front, but is a better value in the long run.

I agree with this answer, you could also look at OKW with a little luck you may find a $45-48 contract.

 

[TisBit]

The real advantage to VB is that it does book up pretty quickly and you would have an advantage there. I think you would be fine getting into WDW every year if you don't mind mostly getting SSR, AKV or OKW. You will probably be able to get into other resorts too, just not as consistently.

 

[couldbeme]

Thank you all so much for the quick replies.
I will heed your advice and look for a resale on property.

Birds of Prey -- your math really was the deciding factor... Thanks for that!

I am so glad I asked!!

Thanks again!

 

[missycj96]

I would go with OKW or SSR. The point cost is more, but as others said the difference in dues will quickly erode the initial savings. Even though you travel in September now, the future may be different as DVC is a long-term proposition. If you ever do want to travel at a peak time like Christmas, you will be glad to have the 11 month window.

If you can get SSR or OKW in the 50's (say $55 pp for example , the per point difference between SSR/OKW and the $40 for Vero is $15. The difference in maintenance is more than $2 per point. You will break even between buying on site and Vero in less than 7 years, and after that Vero will have cost you more money.