Boardwalk…and 2042 for that matter…

[E2ME2]

I keep looking at the 2042 resorts and think should I worry about the date. We are 65 and 66 and while my daughter is 33 she could always consider buying after 2042.

The 2054 to 2068 resorts will be the 2042 resorts of today and most likely cost less than the resorts with longer expiration dates.

That’s us! 65 & 64, and our kids are 37 & 41. We just bought BWV resale because we love the location and the points chart
In 2042 we’ll be 84 & 83 --

 

[bakerworld]

Part of DVC marketing strategy is 'buy for your family' but we're the ones who like Florida, not our kids. We've been taking the kids since our youngest was 4y and they're over Disney. None of them are going to want our DVC. We purchased in our 50's but knowing what we now know, we should've only looked at 2042 resorts.

 

[RoseGold]

As someone who purchased BCV this year for about $120/pt, even with the relatively inefficient 1bedroom villa and promotional rates, I'd get the value of the purchase back in about 6 years...maybe 8 if you consider the time value of money.

I mean sure, if you actually were going to spend 1K/1200 a night.

It's not like the only choices are buying 2042 points or paying ridiculous rack rates. On Christmas week, Dolphin is under $400.

And yes, you can rent points for BC/BW. If you go to the confirmed reservations on many sites, you'll see these rooms are targeted by people renting them out for money. It's exactly the kind of spec reservation professionals want to make.

 

[tom1944]

I mean sure, if you actually were going to spend 1K/1200 a night.

It's not like the only choices are buying 2042 points or paying ridiculous rack rates. On Christmas week, Dolphin is under $400.

And yes, you can rent points for BC/BW. If you go to the confirmed reservations on many sites, you'll see these rooms are targeted by people renting them out for money. It's exactly the kind of spec reservation professionals want to make.

Do the Swan/Dolphin resorts have any rooms similar to DVC rooms with kitchens and washer/dryers?

 

[Brian Noble]

Part of DVC marketing strategy is 'buy for your family' but we're the ones who like Florida, not our kids.

I've never been a fan of "buy it for me and future generations."

For starters, who is to say my kids are going to enjoy going to Disney enough to warrant owning DVC? My son is not (currently) a fan. He's in his early 20s, lives in LA, has never set foot in Disneyland, but owns a couple of surfboards. He'd rather spend his time and money on the ocean than in any theme park, and he doesn't have to travel.

On top of that, neither kid is in any position to travel to WDW (or any other luxury destination) regularly. They are both graduate students with careers and financial lives that are completely unknown. Owning DVC is great if you can afford theme park tickets, travel, and Disney's dining prices every year. It's a lot less great if you can't do that.

 

[bakerworld]

Do the Swan/Dolphin resorts have any rooms similar to DVC rooms with kitchens and washer/dryers?

They do have suites. We usually just enjoy the regular room with a cube fridge and coffee maker. The only difference between our DVC room and the S/D is a toaster. I don't wash clothes on vacation but they do have facilities for that.

 

[laurend]

We are buying in at BCV as a second home resort (passed ROFR but delayed closing until early next year after current owners' trip) because we want 11 month priority and have no desire rent our other points out and rent from someone else to guarantee a stay - at that point we wouldn't have bought into DVC in the first place.

Yes we could stay at S/D or elsewhere on property, but we really wanted the walkability to EP/HS along with the laundry and kitchen. And we're already finding the 7 month game a little stressful lol. Who's to say rental prices at BCV/BWV won't get jacked up the last few years before expiration, too - I'm happy to lock in the ability to stay there on my own points now.

Is BCV/BWV the smartest choice for SAP or occasional stays? Of course not. Is it a very reasonable choice if you know you want to stay at BCV/BWV every year, or even most years, from now until 2042? Sure.

 

[Jlo85]

I mean sure, if you actually were going to spend 1K/1200 a night.

It's not like the only choices are buying 2042 points or paying ridiculous rack rates. On Christmas week, Dolphin is under $400.

And yes, you can rent points for BC/BW. If you go to the confirmed reservations on many sites, you'll see these rooms are targeted by people renting them out for money. It's exactly the kind of spec reservation professionals want to make.

Boardwalk is pretty cheap resale now without ROFR. If Boardwalk is selling resale for about $15/point with dues included and rental rates are $23/point, eventually you're going to make back that money. How quickly is debatable, but I think 6-8 years is pretty reasonable if nothing crazy happens. And that also assumes you won't be able to sell Boardwalk in 6-8 years. So far, the resale prices for the 2042 haven't crashed, hard to say they will. Swan/Dolphin can be cheap but also don't include taxes or parking.

Just for me personally as someone who flies to WDW, I feel like I have much more control via ownership. The Epcot resort area is so in-demand during festivals that it's too risky not to own, at least in my opinion.

 

[kboo]

It's not like the only choices are buying 2042 points or paying ridiculous rack rates. On Christmas week, Dolphin is under $400.

From someone who has a ton of Marriott points .... you can also book Swolphin at 12-13 mo out with a *much* more lenient cancellation policy. My sister decided to join us on a stay at BCV last summer, with about 4 months notice. Our backup was for them to stay in a hotel room at Swolphin if the waitlist didn't come through. It did, *and* they were in a room across the hall from us! We have also booked NYE at Epcot at the Swan. It is a lot less stressful than getting a DVC reservation.

Just for me personally as someone who flies to WDW, I feel like I have much more control via ownership. The Epcot resort area is so in-demand during festivals that it's too risky not to own, at least in my opinion.

I managed to put off buying more points by using Marriott points for Epcot area stays until we realized we'd like to be in larger units (1br, 2br) at least some of the time. That said, we have traveled at high and low DVC crowd times and have been pretty fortunate getting stays at the 7mo window at both BWV (3x) and BCV (3x). We like split stays, and we probably prefer to sty at our home resorts 75-100% of the time. For holiday periods were are VGF/RIV all the way, and don't even bother to try to switch. Any time we have had a waitlist, it's always come through (spring and summer, usually). I love Flower and Garden and Food and Wine, we've stayed at Riviera, BCV and BWV for those.

 

[tom1944]

We have 180 points and are considering a second purchase. Most likely 150-200 points. Which resort is the question.

I could see booking at the Swan or Dolphin until a decision is made. It is possible that we like it enough to either forgo a second purchase or decide to buy less points.

 

[thelionqueen]

I think part of the problem is that a lot of people run the numbers based on a spreadsheet, just like an employer who need to cut costs.

The spreadsheet does not take everything into consideration and you can basically get a spreadsheet to tell you anything you want or need.

People will say they have taken everything or most into account but how do you put a value on the fact that a lot of owners really like or want to stay at a 2042 resort.

If you only use the so-called facts like buyin costs, dues, time left - then maybe you shouldn’t buyin at all. Timeshares are a luxury product and in the end it’s worth 0$

If I get to enjoy 18 years at BCV with my family then it’s worth it compared to maybe 30 years at another resorts which I dislike.

Agree 100000%!
While I’m at Stormalong Bay, or smelling the fresh scent of the BC lobby, I guarantee you, I’m not thinking of my 2042 contract..I’m thanking my lucky stars I own DVC at my favorite resort and coming back again & again for 19 more years..at which time o will be 72 years old and thankful I spent my golden years where I love!

 

[kboo]

We have 180 points and are considering a second purchase. Most likely 150-200 points. Which resort is the question.

I could see booking at the Swan or Dolphin until a decision is made. It is possible that we like it enough to either forgo a second purchase or decide to buy less points.

Riviera came out just as we were considering whether to get a resort in the Epcot area. Our circumstances were a little different:

• -DH and I couldn't decide whether we preferred BWV or BCV, and I made more than a few offers on BWV points in the $100-$105 range and BCV in the $110-115 range. They were lowish offers for the time, but passing ROFR in those ranges. It just never happened for us.
• We had stayed at both BCV and BWV on rented points by then, so we knew our pros/cons for each resort
• We had LITTLE kids then - strollers and napping - so walkability was important
• We also needed laundry and it helped to have a kitchen because the kids were so little, so we'd book Swan for 3 days at EP/HS, then move to 1br BLT and do laundry, etc.

I was not prepared to like Riviera as much as we did. We are skiers, so the whole gondola transport was something we looked forward to and enjoyed. Consider renting points for a short stay at Riviera (or taking a tour). For you, Riviera resale can be an option, because your BLT points can be used to book BCV or BWV when you really want them. Summer incentives at Riviera (direct) are also quite good. Even though my kids now ADORE the pool at BCV, they also love watching the entertainment on the Boardwalk. It's all good - we probably won't ever do a split stay between Riviera and BCV/BWV, but when we do appreciate the benefits of all the EP/HS resorts.

 

[MsChristy12]

I think part of the problem is that a lot of people run the numbers based on a spreadsheet, just like an employer who need to cut costs.

The spreadsheet does not take everything into consideration and you can basically get a spreadsheet to tell you anything you want or need.

People will say they have taken everything or most into account but how do you put a value on the fact that a lot of owners really like or want to stay at a 2042 resort.

If you only use the so-called facts like buyin costs, dues, time left - then maybe you shouldn’t buyin at all. Timeshares are a luxury product and in the end it’s worth 0$

If I get to enjoy 18 years at BCV with my family then it’s worth it compared to maybe 30 years at another resorts which I dislike.

THIS!! Couldn't have said it better myself! I did do spreadsheet, but it was to make sure it's worth it for us. I never dived deep into how much is it per point per year, I just needed to know how many trips it will take to get our buy-in back, that's all! It really doesn't matter to me how much each point is worth per year for the next X years....

 

[BeachClub2014]

I have no issue with buying a 2042 resort. There's still a lot of use value in them, and if the resort that you love expires in 2042, then so what? You still have 18 years of use ahead.

Having said that, BWV is getting a little tired and could use some serious refurb. We just got back from a split stay between RIV and BWV. No contest, Riviera blew BWV out of the water in every regard.

Lastly, anyone comparing Swolphin to BCV/BWV/RIV is looking through some seriously rose-colored glasses. There is simply no comparison. The last time I stayed at the Dolphin (1 night in 2022) there was mold in the bathroom, paint was peeling, and the couch had som much febreeze on it I bounced back up when I tried to sit down.

 

[Pinnochio]

2042 expiration means absolutely nothing to me in any way. I’ll be staying at my favorite resort (and others occasionally) until 2042..and that’s a loooooooooong time! My ownership there is more valuable to me than the GFV I just bought, and I’d sell GFV before I sold my BCV.

exactly!

 

[Pinnochio]

If I get to enjoy 18 years at BCV with my family then it’s worth it compared to maybe 30 years at another resort which I dislike.

Absolutely!

 

[Genie+]

I just bought BW a couple of years ago and have zero regrets. It’s one of my fav resorts and has a favorable point chart. Maybe instead of 150-200, you could buy 100 and bank/borrow for your trips so it’s not as big of a financial commitment if you are hesitant of 2042 expiration.

And for those who say "you could rent points much cheaper than $1048 a night" -- I presume you have not actually attempted to rent at BCV around the holidays, I've tried unsuccessfully several times (2019, 2021, 2022).

This is how we landed on buying a 2042 contract.

The points get more mileage so a smaller contract can work (especially when owning more than 1 home resort). Days really stretch in Standard View, and even the most expensive category BW View can cost less points than standard view MK options. Less points needed means less dues Paying under $100/nt in dues? Possible.

For BW/BC renting is typically a challenge &/or you’re going to pay a premium, plus you’re are likely giving up flexibility. Owning leaves more options to pivot. We book knowing what’s possible, like pushing the trip out or banking. Renting can be great but you’re tied to it. If you’re looking for more than 4 or 5 days that isn’t BW Garden? Goodluck.

And we didn’t mind 2042 since 20 years was a good fit for us. BW resale was more expensive per point than our direct, still very reasonable cost per night to use. BW points are for BW. Paired nicely with 150pts VGF for SAP.

 

[Mikey15]

Part of DVC marketing strategy is 'buy for your family' but we're the ones who like Florida, not our kids. We've been taking the kids since our youngest was 4y and they're over Disney. None of them are going to want our DVC. We purchased in our 50's but knowing what we now know, we should've only looked at 2042 resorts.

At least you’ll be able to exit out your later-than-2042 resort for some amount of money back if you’re not using it and your kids won’t either.

I guess I should supply some 30s perspective. At 38 & 39, we're just at the age where timesharing is something that could really work for us. We both get 5 weeks PTO from work, and while it was a fight to actually be able to take that in my previous role, I’m now in a position where we actually can start planning Min. 1 & up to 2 “happy place” trips per year. But man, until you reach that point it can be hard to do, either on affordability or employer flexibility.

If your heirs (or like nieces/nephews) aren’t interested in FL or just aren’t in the right place in their lives, that’s unfortunate. We’re really only in a position to vacation in Central FL annually because of my wife’s parents timeshare ownership and just being able to slide in and assume their dues & weeks. If & when we decide to buy into DVC, we’d be looking for something we would be able to get 40 years out of, and maybe gift or rent out to relatives and friends when they’re in the right place to use them themselves.

I suppose I’m kind of rambling rather than having a point, but I guess if you’ve managed to “overbuy” on timesharing versus what you’ll use, you do have two options:
You can either make money back from it, either by renting out or selling; or
You can help your acquaintances who aren’t at a stage of life to afford those trips or that commitment themselves have the opportunity to travel and make those memories.

We’re able to prioritize our work/life balance now thanks to the generosity of those who came before us,

 

[crisi]

I’d say buying any of the 2042 resorts all hinges on
1. Will you exclusively use the 11-7 month window every year, and
2. Will you do that for all 18 of the remaining years.

Another thing - are you ok with Preferred View rooms? If you are going BW to book standard view studios during F&W, you may not get them even if you own there. So if this is about that, don't bother. If any room during "a festival" is OK, then if you really want it, its still a good deal over paying cash for a BWI room. But as someone said, if you are OK with the Swolphin, it starts making less sense.

 

[Genie+]

Another thing - are you ok with Preferred View rooms? If you are going BW to book standard view studios during F&W, you may not get them even if you own there. So if this is about that, don't bother. If any room during "a festival" is OK, then if you really want it, its still a good deal over paying cash for a BWI room. But as someone said, if you are OK with the Swolphin, it starts making less sense.

True story. Even as an owner you cannot reliably get Standard View 100% of the time. We get a better shot there but I especially like the better shot at BW View when only preferred is left. Feels more worthwhile for the point upgrade than Garden/Pool View.