Any talk about future extensions ?

[bgnwthamse]

Is there any info about future extensions to the resorts expiring in 2042 ? I know they have offered it to OKW owners and was wondering if it was going to be offered to the other resorts. If so what kind of terms are being talked about?

 

[DVC Mike]

No word from DVC on extensions for other resorts. Anything out there is pure conjecture at this point.

 

[moredisneyplease]

This is the issue that pushed me to purchase SSR and AKL. I felt like I could get better bang for my buck (I would have purchased BC or BWV via resale) because i could have my DVC for longer and not have to start worrying about this issue until I had enjoyed DVC for nearly 50 years!!

 

[Mississippian]

I'm always sorry to see people base their decision on getting 12 extra years 35 years from now. When you figure the time value of money, these years are virtually worthless.

If all of the resorts are truly equal to you, then go ahead and get the one that has the extra years. But if you will get any enjoyment at all by being withing walking distance to the parks, for example, then don't worry about the extra years because they are virtually worthless.

If you put $100 per year in an IRA for 35 years at 9 percent, that investment will grow to more than $23,000. If you calculate the stock market's historic return of 12 percent, then it will grow to more than $50,000. I know about inflation, but this far exceeds inflation.

So is owning at a resort that you really like worth $100 per year? At BWV you can easily save three or four times that by being able to get standard view rooms. Same goes for Old Key West and the Grand Villas. Just something to think about.