One could argue that when 2042 approaches fairly many of the DVC resorts expires like BRV, BWV, BCV, HHI, VB, OKW(not extended), DVC needs a "game plan". With that many resorts being removed from inventory that calls for some sort of game plan to level out the impact. The plan could be to just offer an 15 year extention like with OKW, or it could be to offer smaller extensions for like 2,4,6 years depending on the resort. That way you would have one resort expiring in 2042, the next in 44, next in 46 and on wards.
I think we’re talking about two separate things. My point was DVC has little concern over demand for BCV when their focus is selling Copper Creek. In fact, the price increases for BCV, Poly and others seem solely designed to boost interest in CCV and future “new” properties.
Down the road, I doubt DVC intends to dump access to the likes of BWV, BCV and VWL(BRV) unless it’s part of some resort-specific redevelopment program. The 700-ish combined villas at those locations is not a massive number. Come 2040, they can “extend” millions of points by re-selling 50 year contracts to current owners. Then they’ll be offered to new buyers.
Today, the number of unsold points at CCV and Aulani isn’t all that much different than BCV, BWV and BRV combined.
Also, higher resale justifies higher direct sale prices for new resorts. Why would anybody buy Riviera for $200 when they could get BCV for $60? When BCV resale is $140, thouth, it looks quite a bit more reasonable.
What you describe is an inevitability, though. Extensions merely kick that can down the road. Not everyone would extend—especially at the prices that DVC chooses—and DVC will be stuck trying to market millions of points on short contracts.
(Regarding prices, when the OKW extension was first offered in 2009-ish, the present value of those added years was calculated to be around $7-8 per point. DVC asked $15 and later $25 per point for the 15 years. Nearly a decade later, OKW owners will be lucky to get their original $15 extension fee back when selling a 2057 contract.)
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), the idea of spending tens of thousands of dollars on DVC contracts as a way to "save money" seems rather silly. The only way to save money is to not buy a contract at all! So, if I'm going to spend that kind of money on what's merely a luxury purchase, it's going to be what I want, not just what I can live with. Instead of dropping nearly $40K, I could have spent about $32K on the same number of SSR points instead in order to "save money". However, no way am I going to spend $32K to stress and hope that I can grab a BCV room during F&W or NYE right at 8am at the 7 month mark. As for the earlier expiration, when 2042 arrives I'll decide what to do then. For now, I'll see you all poolside!
