Anyone else considering a 25pt add on at BLT?

[bluenosemickey]

I wasn't considering adding on at BLT until I heard about the 25 pt option.

I don't know what banking and borrowing can get me in a 1bdr with just the 25 pts? But with a split stay, I'm sure I can do something for a few days (sorry haven't looked at the chart yet).

But what is making me interested, is the possibility of resale at a later date. I mean, these 25pt contracts will be very rare, right? And as an entry into DVC, they would be an attractive option.

Just wondering how much of an "investment" this add on might be? I know, I know, DVC is not an investment. And I don't view my original contract as such.

But I certainly could use a few extra pts from time to time. Even if they are not my home SSR, I don't think I will run into much trouble waiting until 7mos to book the few days that 25pts might buy. We typically don't travel at peak times.

So if down the road this little add on might yield a pretty good rate of return, and if I can make use of it in the meantime, maybe I should consider adding on at BLT???

Curious to see what others think?

Anyone??? Anyone???

 

[Sandisw]

There is no incentive right now on the 25 pt add on so you would be paying the full $112./ppt and must pay cash.

As far as future value, I think it depends on whether or not Disney ever changes back to the 100 pt minimum. If not, then the 25 pt contracts may not be as rare.

But, if you see it having value for you for awhile, the go for it. I love BLT and waited to become a DVC member until it became available. Depending on when you go, the 1 bedrooms at BLT run around 30 - 34 pts for standard view and go up from there. So, that 25 would get you maybe 2 nights every 3 years.

I just added on at BLT, but was thinking of doing another add-on. I even considered buying in at the 100 pt level, so I could get the Developer points and the discount, but break it up into smaller contracts. Then, I would have the option in a few years to sell some if I wanted or there was a market. But decided I didn't want to finance that much so am hoping that I can just do it that way next year.

 

[Disneydonnam]

I called last Saturday to do the 25 point ad on. After speaking with my guide I ended up adding on 100. If you do 25 there is no incentives. With the 100 I got the discounted price, a 3 night cruise and was able to do the financing. We go to Disney every yr and with just the 25 extra we would still have to borrow the following yrs points.

 

[barrysprot36]

We added on 27 points last week to add onto the 103 points we already purchased in September.

Caron

 

[Buckeye Fan]

You know, I honestly thought about it from both a personal use and resale perspective, and decided against it. Here's why...

Personal Use:
First and foremost, we don't care where we stay, and we always get a 1-BR or a 2-BR. A 25 point contract would get us 2 nights every 3rd year (34 points per night in a 1-BR stadard view using 2010 points chart - Magic season).

For our personal use, we would need at least 90 points to stay there every third year for 7 nights (1-BR, Magic season). The buy-in cost would be somewhere around $9,500 - $10,000, depending on the incentives. With that kind of investment, I could buy 130 - 150 points through the resale market at SSR or OKW and be just as happy with more points!

Resale:
Yes, I do think if you buy it and hold onto it, it will be a good investment. It's no more than my personal opinion, but I think BLT is going to hold its value, just like BCV. But two things to consider:
- Resale brokers charge around 10% commission, so that would need to be factored into your resale price to break even.
- What Disney will do with points charts and add-ons. If they don't allow less than 100 point add-ons through Disney and/or if the week day points increase again, it may influence resale prices. If you decide to gamble, I would probably buy 50 points. I think you'd draw more buyers, because 25 points just isn't going to get a buyer much.

 

[bluenosemickey]

All really valid points, thanks. The smartest people are on DIS!

I took a look at the chart and you're right. If I want to make it worth my while, I should consider at least 50 pts.

And on the resale market, with a full price purchase and with the sales commission, I would need some time to make anything, if all, from the resale.

For the $$ of a 50 pt contract at full price, I could buy more points somewhere else. We are happy anywhere we stay with DVC, so BLT points wouldn't mean that much to us vs. more points somewhere else.

Might take a look at the resales for BWV. Really like those Standard view points! Maybe I can find a nice 50pt contract.

OMG Addonitis has started to incubate!!

 

[oakmanner]

BuckEye Fan I agree. I'd much rather purchase more points at SSR or OKW. Some year down the road we will bank & borrow for a stay at BLT but for now we're happy at the other DVC resorts.

 

[Buckeye Fan]

BuckEye Fan I agree. I'd much rather purchase more points at SSR or OKW. Some year down the road we will bank & borrow for a stay at BLT but for now we're happy at the other DVC resorts.

Me, too. I'm in no hurry to stay at BLT (though I think it will be amazing!), and owning there just doesn't mean that much to me. I'd much rather have the extra points, regardless of resort.

To the OP's point, I did think about it, though! I have a LOVE/HATE relationship with add-on-itis!!!

 

[CarolMN]

If you are thinking about a contract that would allow you to go every third year, make sure you don't end up with "stranded" points. Depending on your situation, you could end up losing them.

Example: a 25 point contract gets Buckeye Fan 2 nights in a 1 bedroom SV. That stay costs 68 points so there are 7 points (75-68) that have to be used at the 7 month window somewhere. That may or not be a problem for Buckeye Fan, but it definitely would be a problem for someone who only has that one BLT contract (bought via resale). It might also be a problem for someone who has a VWL contract that is used at VWL only in early December (seldom any availability at 7 months there for that time), or someone who has a BWV contract and generally only stays in SV units during F&W.

If you are one that hates to lose even a single point, a plan to bank and borrow needs some serious thought before you commit!

Just food for thought.

 

[CarolA]

I won't add on here. This one just holds no appeal.

Since there are no incentives for the 25 point add on my suggestion for OP would be to add where you want to stay and not worry about the "latest and greatest"

 

[elliotps932]

what's the point system about?

 

[Buckeye Fan]

what's the point system about?

When you buy into Disney Vacation Club, you buy points that you can then turn around and use to book vacations.

The way the points system works is Disney assigns a point value to a room for each night (weekends cost more points than Sun - Th nights due to demand). Each resort is a little different, so it's not quite as simple as buying 316 points and being able to reserve any 2-BR unit for a week. Also, the time of year you go impacts how many points nights require. For example, Christmas and Spring Break require the most points, where a week in mid-January is the cheapest time you can go.

An example of how it works: We own 390 points at SSR. I can book at SSR 8 - 11 months ahead of my check-in date. At 7 months out, I can book at any DVC resort. So this year in December, I called to book a 7 night stay at Beach Club Villas. For that stay, Sun - Th nights are 30 points for a 1-BR, and Fri/Sat nights are 60 points. For that stay, I am using a total of 270 of my 390 points for a 1-BR for 7 nights (Sat - Sat). If I wanted to save some points, I could have stayed Sun - Th and only used 150, or rented a studio, which would have only been 134 points. However, with a studio, you lose the full kitchen and washer and dryer. Just to compare, a studio for 7 nights at Old Key West would have been 109 points.

You can travel any time per year, choose any size unit, and book at 7 WDW properties onsight (2 offsite - Vero Beach and Hilton Head, and one being built in California and on in Hawaii). Aside from location, one of the things Disney really has going for it is flexibility.

 

[VTNuke]

In 2 years, there will be a bunch of BLT contracts on the resale market for around $90 - $95 per point. Maybe even lower if you look at the AKL contracts on TTS.

Although the cruises and such are very tempting, I'm probably going to wait a few years before I seriously look at BLT.

 

[Buckeye Fan]

In 2 years, there will be a bunch of BLT contracts on the resale market for around $90 - $95 per point. Maybe even lower if you look at the AKL contracts on TTS.

Although the cruises and such are very tempting, I'm probably going to wait a few years before I seriously look at BLT.

If I had known then what I know now, the only thing I would consider is how many times will you go between now and when you buy?

If you spend $107 per point now versus $90 three years from now, but you go to Disney three or more times and pay for it out of pocket, you may be better off buying now (if it's in your budget). Not saying that it will, but if you haven't, I'd crunch the numbers and see what's best for you.

Had we waited 3 years, we could have saved about $10 - $15 per point!!! Waiting can definitely work in your favor, unless Disney starts exercising ROFR more than they are right now.

Best of luck!!!

 

[VTNuke]

If I had known then what I know now, the only thing I would consider is how many times will you go between now and when you buy?

If you spend $107 per point now versus $90 three years from now, but you go to Disney three or more times and pay for it out of pocket, you may be better off buying now (if it's in your budget). Not saying that it will, but if you haven't, I'd crunch the numbers and see what's best for you.

Had we waited 3 years, we could have saved about $10 - $15 per point!!! Waiting can definitely work in your favor, unless Disney starts exercising ROFR more than they are right now.

Best of luck!!!

Oh, I agree with buying in, I'd probably just go ahead and buy at one of the other resorts. It's all about timing and BLT would be a hard sell for me to add on right now when I already own at BWV.

 

[mikey13v]

One thing about a 25 point contract for resale is that someone could buy it just to get the AP discount and other perks without having to invest so much into DVC. $3000 up front, and $120/year maint. fees to have the perks, and an occasional DVC villa durring their regular stays.
I considered such a thing in the beginning, but later realized that it was within our budget to buy lots more, and stay in DVC on most visits.
We all know that the perks and discounts can change and/or go away, but depending on the size of your family, you might not even need to use your points to make it worth while. (I know, that's a stretch).
A family of 4 staying in studios could save $400 in AP's, and $400 in lodging(2 nights moderate price range) per year. Doing some calculations, they could have the $3000 paid off in 5 to 10 years. Not counting DVC golf membership, dining discounts, Cirque discounts, and others.
For someone who is willing to put forth the effort it could be a great deal. Of coarse, they'll probably end up adding on another 150 points a couple years later when they get used to the villa accomodations.
On top of all of that, they should end up getting a fair return when they decide to sell it off, and it would go quickly.

 

[Metsoskil]

One thing about a 25 point contract for resale is that someone could buy it just to get the AP discount and other perks without having to invest so much into DVC. $3000 up front, and $120/year maint. fees to have the perks, and an occasional DVC villa durring their regular stays.
I considered such a thing in the beginning, but later realized that it was within our budget to buy lots more, and stay in DVC on most visits.
We all know that the perks and discounts can change and/or go away, but depending on the size of your family, you might not even need to use your points to make it worth while. (I know, that's a stretch).
A family of 4 staying in studios could save $400 in AP's, and $400 in lodging(2 nights moderate price range) per year. Doing some calculations, they could have the $3000 paid off in 5 to 10 years. Not counting DVC golf membership, dining discounts, Cirque discounts, and others.
For someone who is willing to put forth the effort it could be a great deal. Of coarse, they'll probably end up adding on another 150 points a couple years later when they get used to the villa accomodations.
On top of all of that, they should end up getting a fair return when they decide to sell it off, and it would go quickly.

This was our logic when we bought our 25 pt VWL contract to supplement our off-site 3BR TS. We were going to buy APs and stay on-site for a few extra days anyway, so for our family of 4 we already saved about $750 of our $2500 cost for buying the contract.

I don't see us reselling our contract any time soon, though.