Buying Aulani

[atthebeachclub]

Now paging worst DVC contract thread

I still think it’s better than one 1000 point VDH contract…

 

[Lorana]

I think those large point contracts can be kind of a trap. They look like good buys because they have to be so heavily discounted to sell. But the buyer might have to discount them even further down the line and sell at a loss if they ever decide to sell, because they’re so difficult to unload. And you can’t ever retain points if you have just one enormous contract, but want to cut back your DVC holdings and not get rid of them entirely.

This is why we have lots of small point contracts. Easier to downsize without having to offload everything.

Of course, the downside to that strategy is that I'm never going to be able to win the bidding wars on a small point subsidized SEP UY Aulani contract.

 

[intamin]

Now paging worst DVC contract thread

Now that's a thread we could do.. instead of the ROFR thread where the best prices are celebrated, we could have a thread where we have the worst contracts we purchased in hindsight and maybe ones that we regret/wish we would have done differently although it may be hard for people to want to share that information.

I feel like my worst one is my sub dues Aulani that was partially stripped for 125 per point, in hindsight I would've been more aggressive with my offer. My AKV compared to now is also not as good of a deal but for the time it was a decent deal.

 

[ehh]

I was offered the December one for $113pp and I passed. September is not my UY. Still feel they are slightly overpriced for that size of contract.

Curious, I offered $112pp and the broker auto-rejected it due to "Low but Firm" listing. Oh well.

I think those large point contracts can be kind of a trap. They look like good buys because they have to be so heavily discounted to sell. But the buyer might have to discount them even further down the line and sell at a loss if they ever decide to sell, because they’re so difficult to unload. And you can’t ever retain points if you have just one enormous contract, but want to cut back your DVC holdings and not get rid of them entirely.

From my research, the contract I have in ROFR right now at $117 was likely listed just 2 years ago at $135, so this post rings true. And the then-buyers-now-sellers were only a few months into DVC ownership, from what I could find of their FL contracts.

Now that's a thread we could do.. instead of the ROFR thread where the best prices are celebrated, we could have a thread where we have the worst contracts we purchased in hindsight and maybe ones that we regret/wish we would have done differently although it may be hard for people to want to share that information.

Semi-ahem: https://www.disboards.com/threads/the-worst-dvc-contract-ever.3951395/

A repurposing to a form of 'regret contracts' would be totally fine by me.

 

[pzw90]

The 710 point monster? I saw that. That might sit awhile lol.

Think might already be gone

 

[ehh]

Think might already be gone

Indeed. Looks like the listing is now "Offer accepted".

 

[VGCgroupie]

Just came here to gloat about my $115pp non-stripped AUL-S currently in ROFR.

Seriously though I can’t believe a 700 pointer sold so quick.

 

[intamin]

Just came here to gloat about my $115pp non-stripped AUL-S currently in ROFR.

Seriously though I can’t believe a 700 pointer sold so quick.

Didn't even make it a day. I wish I had 80 grand burning a hole in my pocket LOL

 

[AstroBlasters]

Indeed. Looks like the listing is now "Offer accepted".

It’s nice to know the market still has some good liquidity to it.

 

[VGCgroupie]

It’s nice to know the market still has some good liquidity to it.

Also had to gloat to my husband how this huge contract sold same day with a firm price of $115pp.

 

[Jimmy Geppetto]

It’s nice to know the market still has some good liquidity to it.

The subsidized market sure does.

 

[DisneyMimiUSMC]

Think might already be gone

I'm shook. I wish I had 80K to just whip out on a whim.

 

[AstroBlasters]

I'm shook. I wish I had 80K to just whip out on a whim.

#TeamGVCABINBUNGALOWPENTHOUSE

 

[DisneyMimiUSMC]

#TeamGVCABINBUNGALOWPENTHOUSE

Sometimes it feels like Monopoly money, lol. Here I am trying to figure out if I want 450 more Aulani points so I can stay there for a month when we retire next year. Do I go YOLO or be responsible?

 

[geargrinder]

I bet a commercial renter grabbed that big AUL-S.

 

[AstroBlasters]

Sometimes it feels like Monopoly money, lol. Here I am trying to figure out if I want 450 more Aulani points so I can stay there for a month when we retire next year. Do I go YOLO or be responsible?

Part of me: Team YOLO!

Other part of me: Run the numbers in your financial planning software and see if your plan is still successful.

Assume you use the additional points for 10 years and include the corresponding dues/flights/food costs/etc.

 

[DisneyMimiUSMC]

Part of me: Team YOLO!

Other part of me: Run the numbers in your financial planning software and see if your plan is still successful.

Assume you use the additional points for 10 years and include the corresponding dues/flights/food costs/etc.

That is not my strong suit lol. I will run it past our financial advisor when we meet with him to start executing our retirement plans. Being responsible is not fun.

 

[AstroBlasters]

That is not my strong suit lol. I will run it past our financial advisor when we meet with him to start executing our retirement plans. Being responsible is not fun.

But…. Being able to spend money on things that are discretionary with less stress because your plan is successful is fun!

 

[DisneyMimiUSMC]

But…. Being able to spend money on things that are discretionary with less stress because your plan is successful is fun!

100%!

 

[boba_balla]

I bet a commercial renter grabbed that big AUL-S.

Was curious behind the logic for an individual to purchase this, and I assumed it must be someone buying it with the intention to rent it out.