BLT $140 - no more incentives

[princessfionasmom]

I just talked to my guide and according to her BLT went to $140/pp on June 8th. I was shocked and I can't believe it but I went ahead and added 50 pts. I got $4 off pp woohoo. I did get 2010 pts and I only have to pay prorated dues from today on. My use year is Oct. and she said she had a few points left for Oct.

ETA: When we oringially bought in we bought 50 pts resale. Then when BLT came along we just knew we wanted the 11 month priority booking there. We got a great deal at the Boston DVC show and pd $94/pp. Man I wish I bought that extra 50pts back then that we really need now. Our 11 month window is this Friday to book our big celebration Vaca for next May with my parents and brother and his family. Celebrating 15 yr anniversary and DH's one yr anniversary of his bone marrow transplant. I wish I had more time to try find something resale : ( oh well the damage is done.

 

[BeesKnees]

Couldn't agree more bought in at $91, best decision I have made in a long time.

I don't remember exactly but mine was around $70 per point so in 10 years it has doubled.


Since I don't keep up with it though it does make the threads of people complaining about lack of park discounts and whatnot make more sense. If I had to wait for a $42,000 contract to pay for itself while still paying maintenance, travel, tickets, and food, it would be painful, at least for me. This is why I say if I had to buy at that higher price the decision I made so long ago may not be the same decision I make today.

 

[dclfun]

Ours was about $56 pp back in 1997, then we added on @AKLV's for $75 a point, then added at VGC for $85 pp. No way would I add at $140 with whatever incentive is currently being offered. Yikes! ---Kathy

 

[Donna M]

We paid $79 per point and we've been able to stay in all the resorts. Since we have 500 points, we wouldn't have done it at $140 per point!

 

[photobob]

I think I paid $92 pp in 2006, I wouldn't pay $140.

 

[joeytdog]

Hello All

I am a long time renter (rented 4 times in past 5years)

Each time renting about 300 points at $10pp

I have never had the cash on hand to purchase and dont want to finance.

They way I see it (and I dont want to turnthis into a math thread) is that if I pay $10pp and maint fees are $5pp thats a $5pp difference. If I pay $90 to buy in, then its a breakeven of 18 years, and thats without financing

ANywyas, I cant even begin to fathom a breakeven or justification at $140 or even a $125pp for that matter

Thats way too high, and I know most people just buy when they are there at Disney and dont know about resale, etc etc

ANyways, would I like to buy> Yes, and I may even finance, but this is getting out of hand at these prices

Many people love their DVC, and I can see why, they probably bought a few years ago and look at the value

But at $125pp???? I cant justify that decision for my family

Unless of course it is a GF DVC, then well maybe.....lol

No serisously though, I think I will take the plunge at GF DVC, as it is our favorite resort and one we could see us vacationing at after the kids are grown. We love it there

But not at $125+++ which I am sure they will sell it at

I am rambling now, I just wish GF would come out already!!

 

[BWV Dreamin]

As an owner who rents out points, I am actually very happy the ppp is going up. It means that more people will want to rent my points, as fewer will have the cash or qualifications to finance a purchase.

 

[dianeschlicht]

Hello All

I am a long time renter (rented 4 times in past 5years)

Each time renting about 300 points at $10pp

I have never had the cash on hand to purchase and dont want to finance.

They way I see it (and I dont want to turnthis into a math thread) is that if I pay $10pp and maint fees are $5pp thats a $5pp difference. If I pay $90 to buy in, then its a breakeven of 18 years, and thats without financing

ANywyas, I cant even begin to fathom a breakeven or justification at $140 or even a $125pp for that matter

Thats way too high, and I know most people just buy when they are there at Disney and dont know about resale, etc etc

ANyways, would I like to buy> Yes, and I may even finance, but this is getting out of hand at these prices

Many people love their DVC, and I can see why, they probably bought a few years ago and look at the value

But at $125pp???? I cant justify that decision for my family

Unless of course it is a GF DVC, then well maybe.....lol

No serisously though, I think I will take the plunge at GF DVC, as it is our favorite resort and one we could see us vacationing at after the kids are grown. We love it there

But not at $125+++ which I am sure they will sell it at

I am rambling now, I just wish GF would come out already!!

But you could get that same ownership for much less if you went on the resale market.

 

[ssawka]

Hello All

I am a long time renter (rented 4 times in past 5years)

Each time renting about 300 points at $10pp

I have never had the cash on hand to purchase and dont want to finance.

They way I see it (and I dont want to turnthis into a math thread) is that if I pay $10pp and maint fees are $5pp thats a $5pp difference. If I pay $90 to buy in, then its a breakeven of 18 years, and thats without financing

ANywyas, I cant even begin to fathom a breakeven or justification at $140 or even a $125pp for that matter

Thats way too high, and I know most people just buy when they are there at Disney and dont know about resale, etc etc

ANyways, would I like to buy> Yes, and I may even finance, but this is getting out of hand at these prices

Many people love their DVC, and I can see why, they probably bought a few years ago and look at the value

But at $125pp???? I cant justify that decision for my family

Unless of course it is a GF DVC, then well maybe.....lol

No serisously though, I think I will take the plunge at GF DVC, as it is our favorite resort and one we could see us vacationing at after the kids are grown. We love it there

But not at $125+++ which I am sure they will sell it at

I am rambling now, I just wish GF would come out already!!

I think if they do build the GF DVC, it is going to be posh and will have a point allocation higher than BLT. I'm thinking somewhere along the lines of Aulani. I have no proof of this, it is just my hunch!

 

[BWV Dreamin]

But you could get that same ownership for much less if you went on the resale market.

Well he will have a much harder time financing if he doesn't go thru Disney. Also, most resellers DO NOT do financing. 200 points at $140/point is $28,000. That would be really hard to save up all that money for a first time purchase.

 

[BeesKnees]

You have to wonder if at 140pp if they are choking the life out of the concept of bringing family and friends which has been not only a great intangible benefit for us but a great money maker for Disney. If I just absolutely had to buy today I would get only what I needed for a single yearly 6ish day trip during a value season. I couldn't afford the amount of points that allows us to make 2 trips one year and one trip with friends or family the next.

The people we bring still park every day and eat on property. They easily spend twice what we do. The family we are bringing in December have a budget that is three times what we normally spend.

 

[htmlkid]

You have to wonder if at 140pp if they are choking the life out of the concept of bringing family and friends which has been not only a great intangible benefit for us but a great money maker for Disney. If I just absolutely had to buy today I would get only what I needed for a single yearly 6ish day trip during a value season. I couldn't afford the amount of points that allows us to make 2 trips one year and one trip with friends or family the next.

The people we bring still park every day and eat on property. They easily spend twice what we do. The family we are bringing in December have a budget that is three times what we normally spend.

I agree that at $140 and even at $120 which is what I would have paid, but I just tossed my contract in the trash is outragous. It factors to an average of $1790 per year over 50 years for that property (factoring in compounded maintaince fees) or an average of $10 a point every year. Thats $80K over 50 years. I can bank the $80K, earn interest on it and use the interest to rent points when I want to go to Disney and still be way ahead of the game.

If you really crunch the numbers, it doesn't work at prices over $100 per point. Not to mention I feel that with more and more people joining, the availability of rental points will be greater. I just saw two postings for rentals at $8 a point.

Just my opnion!!!!

 

[bobbiwoz]

I find it hard to "sell" DVC to friends, at the current add on price, never mind after a price increase. With the higher point costs at BLT, it really amazes me that people have the money to purchase direct there. If anyone asks me, I tell them about resale.

I reached my limit when I bought an add on direct at BCV.. it was over $105 and was for 25 points.

Bobbi

 

[joeytdog]

Yeah you could go resale, but how would I finance? And also those contracts end 18-20 years earlier correct?

Like the PP said, I can rent and be fine

I cant make it work when it is over $100pp as well.....

Especially when there is NO indication rental prices are coming down anytime soon

I mean I rented for $10pp 5 years ago and again this year. If anything, it may go down, but who knows

AT $10pp I think renting is better than owneing when considering not just $100pp prices but actually $120-$140 prices

Thats just my opinion

Those who got in early got a deal, now, not so much JIMO

 

[ssawka]

You know, it's funny that Disney atempted to devalue resales at the same time they have been increasing their price at a rapid rate. If anything, I think they have managed to make resales look more appealing rather than less!

 

[bobbiwoz]

Yeah you could go resale, but how would I finance? And also those contracts end 18-20 years earlier correct?

...

Financing is available through some, if not all brokers. I just checked some websites.

 

[CMOORE185]

While I agree that 140pp is ridiculous, I thought 100pp was ridiculous after I bought for 65pp, and now some people would think 100pp to be a steal. It is all relative to when you purchased. If you puchased for 120pp, 140pp would not seem that ridiculous.

 

[BeesKnees]

While I agree that 140pp is ridiculous, I thought 100pp was ridiculous after I bought for 65pp, and now some people would think 100pp to be a steal. It is all relative to when you purchased. If you puchased for 120pp, 140pp would not seem that ridiculous.

But the question is are people buying the same sizes of contracts we did at the cheaper price and if most of them are getting smaller contracts will they enjoy it as much? We almost always have enough for small impromptu trips and we generally take friends or family with us every other year. If I only had enough for us and a single trip it would suck some of the joy out of ownership.

 

[Brian Noble]

Folks, you have to remember that we're only talking about the last few points at BLT. There are some people who *have to own there* (or think they do). There are some people who don't know about (or don't want to deal with) the resale market. Disney is simply positioning themselves to get the most they can out of people who are in both camps. So, assuming the original report is true---and I have no reason to doubt it---this is just a way to squeeze a few more dollars out of the last few BLT points. It doesn't matter if you or I would not buy at that price. It doesn't even matter if *most* people would not buy at that price, as long as *someone* will.

 

[Granny]

While I agree that 140pp is ridiculous, I thought 100pp was ridiculous after I bought for 65pp, and now some people would think 100pp to be a steal. It is all relative to when you purchased. If you puchased for 120pp, 140pp would not seem that ridiculous.

This is true. Still, it would seem that the "break even" timing at $140 per point would really be out there. Add to that the higher point schedule at BLT and it seems crazy.

But as Brian Noble points out, if someone really wants to own there they will shell out the money. Keep in mind that most people aren't even aware of the resale market.