Buying resale... where to add on direct

[GoUgaDawgs]

After years many years of visiting Disney and casually dismissing DVC as a viable option, I have recently sat down and run exact numbers. I made the spreadsheet to take into account purchase price, maintenance (plus expected future increases), opportunity cost, cost to rent (plus expected future increases). The numbers were better than I thought. I get a break even of about 14 years on a BWV resale contract if you assume that you wouldn't ever resell the contract.... break even, of course, is much shorter (more like 3 years) if you needed to resell the contract, assuming resale values hold in the short term.

We love epcot resorts... and even though we have young children still, our morning trips to magic kingdom usually end with dinner in the world pavilion, so it is so nice to take the quick walk back home.

My plans are to buy a 150-200 point resale BWV contract, but I do want to buy direct to be a full DVC member... more from a psychological standpoint than actual money savings from incidental benefits. But I am unsure where to buy the contract. My initial thought was 25 points BWV with a same use year to make things easiest, although I am starting to question that logic because there are only 24 years left on the contract. Would I be better off buying 25 or 50 direct points a polynesian (probably our second favorite resort) that way I ensure my status as a full DVC member for the next 50 years or so? The direct price difference between the two resorts is relatively negligible as compared to the resale difference. This way if there is no BWV contract extension we could keep the DVC member status and purchase resale somewhere else to augment our points. Based on point charts with banking and borrowing I would be able to use the polynesian points for about 3 nights (25 point contract) or 6 nights (50 point contract) every three years.

Would having such a small contract at a different resort be a mistake? What would y'all do?

Thanks!

(PS. wish I would have bought 8 years ago!)

 

[DduzDis]

I may be mistaken, but I think if you buy outside of your current UY and location it becomes a separate contract and the minimum points become more like 50 - 100... I think. We bought 25 direct after our resale and included the 25 in our overall point goal mostly so we could by the Gold APs. We did keep it same location and UY as part of the overall strategy.

 

[BillPA]

Just remember the poly only has studios and the extremely over priced bungalows. Cooper Creek will give you more years and has studios, 1, 2 and 3 BR + extremely over priced cabins.

 

[Matty B13]

Yes, a different UY will need a new contract and requires a 50 point add-on instead of a 25 point add-on.

 

[disneynutz]

Buy resale and see later if you would use or even miss the direct buy perks.

Bill

 

[chalee94]

Buying to use for every third year is risky. If you have to cancel, at least 2 years worth of pts will remain stuck in that UY.

If you are sure you'll buy several APs per year then buy a small direct contract (with the caveat that AP discounts can disappear for all DVC owners at any time.) But it will take a LOT of small dining discounts to make it worthwhile.