Beach Club Points

[Christine Asaro]

Hi everyone,

My husband and I are considering taking over a family members DVC contract at Beach club.

My only concern is that the deed expires in about 20 years, and I don’t know what happens at that point. I do think we will get a lot of value and enjoyment from the contract over the next 20 years, but I’m just wondering if anyone had any insight on what happens when the deed expires? Are your points just gone? It seems like the points will become harder to sell and lose their value as we get closer to the expiration. We’re not necessarily planning to sell in the next 10-15 years, but we’re just trying to consider all the facts before we commit.

Thanks for any insights!

 

[OKW Lover]

My only concern is that the deed expires in about 20 years, and I don’t know what happens at that point.

General consensus is that at the end of the deed you just walk away with nothing. Some people think Disney will offer the chance to buy into a new/renewed resort, but there is nothing in the contract that requires them to do so.

 

[thanxfornoticin]

We're in the process of adding to our BC points right now, knowing 2042 is the lease-end. I don't think there is an exact answer to your question regarding what happens in 2042. But for us, the resort, the location, and the memories are the reason we're buying at BC, and we plan to enjoy it for as long as we can - we think it's still well worth it for 19 years.

 

[RoseGold]

When the deed expires, it expires. That's it. It's over.

I found this chart helpful:

https://www.dvcresalemarket.com/blog/best-economical-dvc-resorts-to-purchase-fall-2022/

BC points are expensive, I wouldn't buy them unless you plan to use them for BC and use your priority. If you plan to hold until the clock runs out, great. BC is a very small resort with a great, legacy point chart. The more points in the system, the harder to book BC, and the more valuable your points. And the relatively expensive BC points still hold up against BC cash rates.

The place the math falls apart is against renting. Especially for these expensive points, maybe it would be better to rent? But BC rental is hard to come by, and you know how often you want to do this.

I disagree BC will be less valuable. I think BC/BW are going to be very attractive contracts in a decade. I don't think there will be any problem selling a starter contract with a killer point chart against a $40K, 50 year locked down resort. Plenty of people only want a few years anyway. If it only has a couple years left, sure, I guess. That won't be worth much.

 

[zavandor]

Hi everyone,

My husband and I are considering taking over a family members DVC contract at Beach club.

My only concern is that the deed expires in about 20 years, and I don’t know what happens at that point. I do think we will get a lot of value and enjoyment from the contract over the next 20 years, but I’m just wondering if anyone had any insight on what happens when the deed expires? Are your points just gone? It seems like the points will become harder to sell and lose their value as we get closer to the expiration. We’re not necessarily planning to sell in the next 10-15 years, but we’re just trying to consider all the facts before we commit.

Thanks for any insights!

A couple of warnings.
The resort expires in January 2042, but the last set of points will be given in 2041, so depending on the status of the contract (how many current Use Year points it has), you may not get 20 years out of it.

The second is that whatever price you're agreeing on the contract, you'll still have to pass ROFR. So if your relative is willing to give you the points at a big discount, Disney will probably ROFR it.
If it's a gratuitous transfer between family members, you'll still have to send it for ROFR, but it's a formality, it is always waived in those cases.

 

[Christine Asaro]

When the deed expires, it expires. That's it. It's over.

I found this chart helpful:


BC points are expensive, I wouldn't buy them unless you plan to use them for BC and use your priority. If you plan to hold until the clock runs out, great. BC is a very small resort with a great, legacy point chart. The more points in the system, the harder to book BC, and the more valuable your points. And the relatively expensive BC points still hold up against BC cash rates.

The place the math falls apart is against renting. Especially for these expensive points, maybe it would be better to rent? But BC rental is hard to come by, and you know how often you want to do this.

I disagree BC will be less valuable. I think BC/BW are going to be very attractive contracts in a decade. I don't think there will be any problem selling a starter contract with a killer point chart against a $40K, 50 year locked down resort. Plenty of people only want a few years anyway. If it only has a couple years left, sure, I guess. That won't be worth much.

Thank you!!
We’re new to all this and there’s a lot we’re still learning. What do you mean by a “great legacy point chart”?

 

[Christine Asaro]

A couple of warnings.
The resort expires in January 2042, but the last set of points will be given in 2041, so depending on the status of the contract (how many current Use Year points it has), you may not get 20 years out of it.

The second is that whatever price you're agreeing on the contract, you'll still have to pass ROFR. So if your relative is willing to give you the points at a big discount, Disney will probably ROFR it.
If it's a gratuitous transfer between family members, you'll still have to send it for ROFR, but it's a formality, it is always waived in those cases.

Thank you for the info! We will be transferring the title as a gratuitous transfer

 

[Mikey15]

Thank you!!
We’re new to all this and there’s a lot we’re still learning. What do you mean by a “great legacy point chart”?

The points per night at some of the older resorts like BCV are "cheap" compared to some of the newer resorts.

e.g. for a week in the fall, BCV looks like
Studio / 1Bd / 2Bd
127 / 258 / 334

This is about the same as Wilderness Lodge or Saratoga Preferred (Congress Park), and much cheaper than Polynesian, Grand Floridian, or Riviera, despite being a quick 5 minute walk to Epcot.

 

[Straulin]

Thank you!!
We’re new to all this and there’s a lot we’re still learning. What do you mean by a “great legacy point chart”?

The newer resorts require more points per night for the same class of room than the older resorts. It has creeped up over the years with the 2042 resorts needed generally the lowest number of points per night to stay there.

 

[hglenn]

I think it really depends on what price they are selling it to you and if you plan to actually use the points. If you're not sure, the rental market is super strong for that resort so it's not likely you'll lose money. Remember there are annual dues to also consider. IMO, BC is still a very strong resort for the reasons mentioned above - location and point chart. Even with only 19 years left....

But, as others have said, you could very well walk away with "nothing tangible" in 19 years... but that still leaves 19 years of vacations and memories. People are still very keen on buying BC contracts even now.

 

[SL6827]

The points per night at some of the older resorts like BCV are "cheap" compared to some of the newer resorts.

e.g. for a week in the fall, BCV looks like
Studio / 1Bd / 2Bd
127 / 258 / 334

This is about the same as Wilderness Lodge or Saratoga Preferred (Congress Park), and much cheaper than Polynesian, Grand Floridian, or Riviera, despite being a quick 5 minute walk to Epcot.

And Disney is very regretfull that they assigned them so low. They won't repeat that mistake.

 

[sndral]

Hi everyone,

My husband and I are considering taking over a family members DVC contract at Beach club.

My only concern is that the deed expires in about 20 years, and I don’t know what happens at that point. I do think we will get a lot of value and enjoyment from the contract over the next 20 years, but I’m just wondering if anyone had any insight on what happens when the deed expires? Are your points just gone? It seems like the points will become harder to sell and lose their value as we get closer to the expiration. We’re not necessarily planning to sell in the next 10-15 years, but we’re just trying to consider all the facts before we commit.

Thanks for any insights!

I’m not sure what ‘take over’ means, are they gifting you their contract & all you’ll owe going forward is the maintenance fees? If so, then you’ll be able to stay on site at WDW for far less than you’d pay to rent a deluxe resort room at WDW. If you visit WDW every year or two & like to stay in deluxe resorts and they’re not gifting you more points than you’d need then I can think of no reason not to accept the gift. MFs go up every year, here’s 2023 https://dvcnews.com/dvc-program/fin...isney-vacation-club-2023-annual-dues-released.
If, however, they still owe money on the contract & you’ll be taking over their debt, then it’s not so clear cut & depends on how much they owe, how much you like BC, and whether DVC would consider that a gratuitous transfer or not.

 

[CarolMN]

Thank you for the info! We will be transferring the title as a gratuitous transfer

If that's the case, taking over the contract is a no brainer - assuming you can afford the annual dues. BCV has one of the lowest point charts in the system & is a very popular resort. You would not have any trouble renting out the points if you didn't/couldn't use them yourselves one year.

You will need to plan your visits 8-11 monhts in advance if you want your choice of dates and villa sizes. Some times of the year will require booking as soon as the 11 month window opens.

If you haven't already, take a look at this resource - lots of good info there about DVC:

The DVC Resource Center

 

[CarolynFH]

I agree with @CarolMN - taking a gratuitous transfer of BCV is a no-brainer. 18 or 19 years is a long time to enjoy using those points, and at the end of the contract you just walk away with no further financial commitment. (I’m in the group that believes DVD might offer owners a discounted price to buy into BCV2, newly refurbished and remodeled to fit 2040s tastes in accommodations, and with a newly updated points chart to match.)

 

[Christine Asaro]

If that's the case, taking over the contract is a no brainer - assuming you can afford the annual dues. BCV has one of the lowest point charts in the system & is a very popular resort. You would not have any trouble renting out the points if you didn't/couldn't use them yourselves one year.

You will need to plan your visits 8-11 monhts in advance if you want your choice of dates and villa sizes. Some times of the year will require booking as soon as the 11 month window opens.

If you haven't already, take a look at this resource - lots of good info there about DVC:

Thank you so much for all the great info!!!

 

[Samfar]

I just had closing on one of my BWV contracts- waiting for transfer- 19 years is a long time .. and I am hoping there will be some offer by Disney at the end of the contract term for current owners. This will be the first time for any number of resorts contract term to end so hoping they will give some good incentives to attract current owners as I think 5 resorts will end term at the same time - that’s a lot of points to be left with .. in disneys bag. Anyways 19 years are a good long time for my family to enjoy boardwalk. We are looking forward for it.

 

[DonMacGregor]

If that's the case, taking over the contract is a no brainer - assuming you can afford the annual dues. BCV has one of the lowest point charts in the system & is a very popular resort. You would not have any trouble renting out the points if you didn't/couldn't use them yourselves one year.

You will need to plan your visits 8-11 monhts in advance if you want your choice of dates and villa sizes. Some times of the year will require booking as soon as the 11 month window opens.

If you haven't already, take a look at this resource - lots of good info there about DVC:

The DVC Resource Center

Agree 100%.

 

[badeacon]

I also agree that is no brainer to take if MF are no problem for you

 

[ScubaCat]

When the deed expires, you have to pay one hundred MILLION dollars. As a favor, I will accept the gratuitous transfer for you to spare you this horrible burden.

 

[zavandor]

If that's the case, taking over the contract is a no brainer - assuming you can afford the annual dues. BCV has one of the lowest point charts in the system & is a very popular resort. You would not have any trouble renting out the points if you didn't/couldn't use them yourselves one year.

You will need to plan your visits 8-11 monhts in advance if you want your choice of dates and villa sizes. Some times of the year will require booking as soon as the 11 month window opens.

If you haven't already, take a look at this resource - lots of good info there about DVC:

The DVC Resource CeCenter

He wrote the title will be registered as a gratuitous transfer, not that he'll get it for free.
Maybe he's committing to 19 years of free babysitting.