Can someone help me with the numbers?

[Frederic Civish]

One thing hat has me nervous, is what resale value will do with the 2042 contracts ending. My gut tells me that with inflation, you can probably still sell for what you bought for... maybe even 20 years from now.

Any thoughts?

As has been said above, if you buy OKW make sure to get one with an extended contract. If you are willing to look at anywhere else, you might seriously consider Animal Kingdom Lodges. A very nice place for not a lot more money than OKW. If you want to go higher than that, I would consider BLT at resale. Also still a very good value. Or Poly, for a bit more, but more years left.

OKW extended contracts in 15 years or so will probably be up at least a moderate amount, but will probably start to drop a small amount every year after that. Other resorts with longer expiration dates will be fine once we pass the 2042 cut off. Yes, they will no longer be able to book BC, Boulder Ridge and Boardwalk, but they will still have plenty of great resorts they can use, and will still have great value.

Prices for DVC at resale might drop, slightly, during a strong recession, but otherwise the trend ALWAYS has been up.

 

[Lclark5678]

As has been said above, if you buy OKW make sure to get one with an extended contract. If you are willing to look at anywhere else, you might seriously consider Animal Kingdom Lodges. A very nice place for not a lot more money than OKW. If you want to go higher than that, I would consider BLT at resale. Also still a very good value. Or Poly, for a bit more, but more years left.

OKW extended contracts in 15 years or so will probably be up at least a moderate amount, but will probably start to drop a small amount every year after that. Other resorts with longer expiration dates will be fine once we pass the 2042 cut off. Yes, they will no longer be able to book BC, Boulder Ridge and Boardwalk, but they will still have plenty of great resorts they can use, and will still have great value.

Prices for DVC at resale might drop, slightly, during a strong recession, but otherwise the trend ALWAYS has been up.

That is exactly howI feel! I mean, exactly, because I am trying to decide between Poly, BLT and AKL. I keep going back and forth between the 3. I had eliminated Poly, because my resale agent told me that they don’t have connecting rooms. Since then, I have read on these boards that they do. So it’s back in the running for me. I know people say connecting rooms are not guaranteed. I’ve been told by Disney they are if you have minors in your party, combined with a minimum number of tickets when considering the adult:minor ratio. I thought you had mentioned you own at all 3; which would you recommend the most? I love the Poly theme, love the walkability of BLT, and the price point of AKL. Thanks!

 

[Frederic Civish]

That is exactly howI feel! I mean, exactly, because I am trying to decide between Poly, BLT and AKL. I keep going back and forth between the 3. I had eliminated Poly, because my resale agent told me that they don’t have connecting rooms. Since then, I have read on these boards that they do. So it’s back in the running for me. I know people say connecting rooms are not guaranteed. I’ve been told by Disney they are if you have minors in your party, combined with a minimum number of tickets when considering the adult:minor ratio. I thought you had mentioned you own at all 3; which would you recommend the most? I love the Poly theme, love the walkability of BLT, and the price point of AKL. Thanks!

Hi. I have 5 contracts at Poly, 1 at BLT and 2 at AKL. They all have their good points.

AKL is my favorite. To me, it is a magical place, as well as a unique hotel in the whole world. Nothing else is like it with its strong African theming and the 'Savannahs' right outside the hotel. There is NOTHING like sitting out on your balcony, or in the outdoor observation area and just relaxing while you watch the Savannah. I love the restaurants there. They are African/Indian/American fusion, for the most part, and I find the food at them to be consistently good to amazing. I think the staff is among the friendliest in Disney World, and I personally believe travel times are much better than SSR, OKW, Poly, and VGF, as well as faster than anywhere from BLT, except walking to Magic Kingdom from BLT. I feel AKL (either Jambo or Kidani, it matters not at all which one your deed is in) is the best mix of price, luxury, length of contract and overall value. Cost has been around $105 to $115 per point. Expires in 38 years.

BLT is second for me. California Grill is expensive, but truly one of the best restaurants in DW. View of the fireworks from California Grill, California Grill Lounge and Top of the World Lounge can't be beat. It is sometimes hard to get into California Grill, but I have found that, really, if you show up and have them put you on their waitlist, you can almost always get in. And if you can't, you can always ask to 'wait' in the California Grill Lounge, where you can order food, OR you can order ALL the menu items off the California Grill menu. The tables are small 'drink' tables, rather than Dinner tables, but that is okay. BLT has the best and fastest access to the Magic Kingdom, because you can walk, and it also is on the monorail. The monorail is such an icon, and it is so cool to see it go right through the Contemporary. The rooms at BLT are typical 'Modern' style, but that is okay. Best of all, I love the view out over Bay Lake and Seven Seas Lagoon. Amazing. Just sit out there on your balcony and watch the sunrise or the sunset. BLT is an excellent value, cost wise it tends to run around $130 to $145 a point, and the contracts last longer. Expires in about 41 years.

Poly is one of the 'original' Disney World resorts, and is iconic in its own right. On the monorail, close to the ferry and the Ticket and Transportation Center. I'm not as impressed as some with the landscaping and decor. I don't think they are Polynesian enough, but maybe that is just me. The rooms are all converted hotel rooms, and they pretty much look like it. Not bad, but nothing particularly special. Most of the rooms ARE set up to be adjoining, if desired. There is less variety of room types than all the other resorts. Your only choices are Standard View Studios, Lake View Studios, and then the hellishly expensive Bungalows which even I will probably never stay in, despite the fact that I have a ton of points. Overall, I rate Poly as number 3 on this list, though I know a lot of people will disagree. I still think maybe I was expecting much more 'Polynesian,' after I had been spoiled for Africa by Animal Kingdom Lodges. It is nice to be on the monorail, but don't make the mistake of thinking the monorail is particularly fast. It isn't bad to the Magic Kingdom, but it takes an unexpectedly large amount of time to get to Epcot. Buses at Poly are usually also shared with Grand Floridian, so you will be stopping there on most bus trips. I absolutely do NOT like Captain Cook's (the quick service restaurant). I found their food to be unbalanced and strangely seasoned. It was like they were reaching too far, and falling flat on their face. On the other hand, I love Kona Cafe and could eat Breakfast, Lunch and Dinner there anytime. For breakfast you can usually show up and ask to go on their wait list and generally get seated pretty quickly. Ohana has some pretty good stuff, but maybe too much. A surprisingly good food choice is to order Ohana for two, to your room. They bring enough food for four people, easily, and it is the same meat skewers and asian side dishes. For buildings, I like Tokelau, and prefer the 3rd floor, if possible. It is more central than Moorea and Pago Pago, though those two are closer to the Ticket and Transportation Center. You can watch the fireworks from the beach at Poly, and another great place is from the Deck, just off the stairway, on the 3rd floor of Tokelau, North End. It is close enough to the beach to hear the music for the Fireworks. Poly is still an excellent value, and if you like it, go for it. Cost is typically running about $140 to $165 per point for contracts (I'd keep looking for good contracts on the lower end). And it expires in 47 years. So you pay a bit more, but get it back through longer use.

I know I didn't really tell you which one to buy, but I wanted to kind of give you a feel for them. I guess you will need to evaluate the price and contract length in light of whatever types of stuff you like. But, really, as long as you are going in with your eyes open, I don't think you will go wrong with any of them.

 

[Lclark5678]

Hi. I have 5 contracts at Poly, 1 at BLT and 2 at AKL. They all have their good points.

AKL is my favorite. To me, it is a magical place, as well as a unique hotel in the whole world. Nothing else is like it with its strong African theming and the 'Savannahs' right outside the hotel. There is NOTHING like sitting out on your balcony, or in the outdoor observation area and just relaxing while you watch the Savannah. I love the restaurants there. They are African/Indian/American fusion, for the most part, and I find the food at them to be consistently good to amazing. I think the staff is among the friendliest in Disney World, and I personally believe travel times are much better than SSR, OKW, Poly, and VGF, as well as faster than anywhere from BLT, except walking to Magic Kingdom from BLT. I feel AKL (either Jambo or Kidani, it matters not at all which one your deed is in) is the best mix of price, luxury, length of contract and overall value. Cost has been around $105 to $115 per point. Expires in 38 years.

BLT is second for me. California Grill is expensive, but truly one of the best restaurants in DW. View of the fireworks from California Grill, California Grill Lounge and Top of the World Lounge can't be beat. It is sometimes hard to get into California Grill, but I have found that, really, if you show up and have them put you on their waitlist, you can almost always get in. And if you can't, you can always ask to 'wait' in the California Grill Lounge, where you can order food, OR you can order ALL the menu items off the California Grill menu. The tables are small 'drink' tables, rather than Dinner tables, but that is okay. BLT has the best and fastest access to the Magic Kingdom, because you can walk, and it also is on the monorail. The monorail is such an icon, and it is so cool to see it go right through the Contemporary. The rooms at BLT are typical 'Modern' style, but that is okay. Best of all, I love the view out over Bay Lake and Seven Seas Lagoon. Amazing. Just sit out there on your balcony and watch the sunrise or the sunset. BLT is an excellent value, cost wise it tends to run around $130 to $145 a point, and the contracts last longer. Expires in about 41 years.

Poly is one of the 'original' Disney World resorts, and is iconic in its own right. On the monorail, close to the ferry and the Ticket and Transportation Center. I'm not as impressed as some with the landscaping and decor. I don't think they are Polynesian enough, but maybe that is just me. The rooms are all converted hotel rooms, and they pretty much look like it. Not bad, but nothing particularly special. Most of the rooms ARE set up to be adjoining, if desired. There is less variety of room types than all the other resorts. Your only choices are Standard View Studios, Lake View Studios, and then the hellishly expensive Bungalows which even I will probably never stay in, despite the fact that I have a ton of points. Overall, I rate Poly as number 3 on this list, though I know a lot of people will disagree. I still think maybe I was expecting much more 'Polynesian,' after I had been spoiled for Africa by Animal Kingdom Lodges. It is nice to be on the monorail, but don't make the mistake of thinking the monorail is particularly fast. It isn't bad to the Magic Kingdom, but it takes an unexpectedly large amount of time to get to Epcot. Buses at Poly are usually also shared with Grand Floridian, so you will be stopping there on most bus trips. I absolutely do NOT like Captain Cook's (the quick service restaurant). I found their food to be unbalanced and strangely seasoned. It was like they were reaching too far, and falling flat on their face. On the other hand, I love Kona Cafe and could eat Breakfast, Lunch and Dinner there anytime. For breakfast you can usually show up and ask to go on their wait list and generally get seated pretty quickly. Ohana has some pretty good stuff, but maybe too much. A surprisingly good food choice is to order Ohana for two, to your room. They bring enough food for four people, easily, and it is the same meat skewers and asian side dishes. For buildings, I like Tokelau, and prefer the 3rd floor, if possible. It is more central than Moorea and Pago Pago, though those two are closer to the Ticket and Transportation Center. You can watch the fireworks from the beach at Poly, and another great place is from the Deck, just off the stairway, on the 3rd floor of Tokelau, North End. It is close enough to the beach to hear the music for the Fireworks. Poly is still an excellent value, and if you like it, go for it. Cost is typically running about $140 to $165 per point for contracts (I'd keep looking for good contracts on the lower end). And it expires in 47 years. So you pay a bit more, but get it back through longer use.

I know I didn't really tell you which one to buy, but I wanted to kind of give you a feel for them. I guess you will need to evaluate the price and contract length in light of whatever types of stuff you like. But, really, as long as you are going in with your eyes open, I don't think you will go wrong with any of them.

Thank you so much for such thorough info!! I didn’t realize that transportation at AKL was considered pretty good. I think this helped me to decide on Animal Kingdom! I very much appreciate your input

 

[Dean]

I'm trying to figure out if buying DVC is worth it for us. I just turned 50 and love Disney. DH tolerates it. My 2 grown boys and their significant others also love it. We've only starting going each year for the past few years, as we really couldn't afford it until then. It's about a 3 hour flight for us. So excited to be welcoming a grandbaby this winter! The 2 bedroom villa (at OKW) looks perfect to take the whole family down every year. I estimate I would need 200 points, so at let's say $95 per point that's $19,000. On top of that is the MF of about 1,500 growing to about 3,000 per year by the end of the 1942 contract. That's the part that kills me- the MF. I can rent points for about $2,800. I know that amount will increase, but will it increase that much that it's not cheaper in the long run to to just rent and not buy? Thanks for your input. I'm new to this and just trying to figure it out!

One should consider DVC is they can afford it (to me that's pay cash), value staying on property enough to pay more, can go at least around EOY and can/will plan ahead 7-11 months out. For a studio or 2 BR it likely will save you money on accommodations but many tend to spend more another areas so it likely won't but it may give you more for your money. For a 1 BR it's not as much of a savings but can be a value. Comparing to rack rates, even discounted, is a fools comparison IMO. The proper metrics are what you could rent for or what you would spend not owning. The other issues that come with owning are control on the positive but actually less choices and possibly more long term financial risk.

 

[Dean]

Of course you could go in between. Keep the 30 pt contract and add say 100 at SSR. Or just keep the 30 pt and pay OOP for other options.

 

[Maistre Gracey]

Twenty years from now, the 2042 resorts will only have three years left on the contract. You'll be lucky to get $10-30 a point for them.

In twenty years you can probably rent them for $30 per point, so they would have a value of $90 with three years left.

 

[bookwormde]

I'm trying to figure out if buying DVC is worth it for us. I just turned 50 and love Disney. DH tolerates it. My 2 grown boys and their significant others also love it. We've only starting going each year for the past few years, as we really couldn't afford it until then. It's about a 3 hour flight for us. So excited to be welcoming a grandbaby this winter! The 2 bedroom villa (at OKW) looks perfect to take the whole family down every year. I estimate I would need 200 points, so at let's say $95 per point that's $19,000. On top of that is the MF of about 1,500 growing to about 3,000 per year by the end of the 1942 contract. That's the part that kills me- the MF. I can rent points for about $2,800. I know that amount will increase, but will it increase that much that it's not cheaper in the long run to to just rent and not buy? Thanks for your input. I'm new to this and just trying to figure it out!

In the simplest terms, owning will cost about to 9 to 12..5 dollars per point for on site resort with SSR, AKV and OKW2057 being the lowest in the $100 purchase price range and BCV and BWV baing the highest. Poly, BLT, CC and VGF are on the lower end also but the inital buy in is much higher. These numbers use depriciation and dues only (no purchase carrying interest.))

Going through a individual could be a low as 12-14 if you shop it and through an agency will be about 17 so renting is about 40-75% more than owning.

 

[Jack_Sparrow_NJ]

I'm trying to figure out if buying DVC is worth it for us. I just turned 50 and love Disney. DH tolerates it. My 2 grown boys and their significant others also love it. We've only starting going each year for the past few years, as we really couldn't afford it until then. It's about a 3 hour flight for us. So excited to be welcoming a grandbaby this winter! The 2 bedroom villa (at OKW) looks perfect to take the whole family down every year. I estimate I would need 200 points, so at let's say $95 per point that's $19,000. On top of that is the MF of about 1,500 growing to about 3,000 per year by the end of the 1942 contract. That's the part that kills me- the MF. I can rent points for about $2,800. I know that amount will increase, but will it increase that much that it's not cheaper in the long run to to just rent and not buy? Thanks for your input. I'm new to this and just trying to figure it out!

I don't see purchasing DVC as a numbers thing. You can always manipulate numbers to prove whatever point you want to make. It really comes down to what you would like to and what you enjoy. Consider purchasing a car. Are you looking for a BMW or a Pinto? Both will get you from point A to point B. If you work the numbers the Pinto wins the argument. But chances are strong that you will not be cruising down the road in a Pinto. Because, your wants will outweigh your needs. Do any of us truly need DVC of course not. Do we all have various reasons for wanting to be DVC owners, sure. Don't look at like an investment where one day you can get monies back. Look at it as an expense, a luxury. Then ask yourself if this is something that you would enjoy. You can't put a dollar figure on enjoyment. Do what works for you

 

[Frederic Civish]

In twenty years you can probably rent them for $30 per point, so they would have a value of $90 with three years left.

I agree with this. It might be good, as we get to the end of the 2042 contracts to snap up anything that is particularly cheap, and rent it out. I'm sure that in 20 years, rentals will be going for considerably more than $30 per point. But then, Membership Dues might be $20 a point.

 

[Disney Dad ADL]

Thank you so much for such thorough info!! I didn’t realize that transportation at AKL was considered pretty good. I think this helped me to decide on Animal Kingdom! I very much appreciate your input

It depends on your preferences. Some people like the bus system at AKV because you don’t share any buses with other resorts. They go directly back and forth from wherever you are going.

Other people like the monorail (my kids love the monorail and some times just ride the monorail for no reason).

It’s too bad though that AKV is not closer to Animal Kingdom. If you had the ability to walk to the park, would have been great.

 

[Frederic Civish]

It’s too bad though that AKV is not closer to Animal Kingdom. If you had the ability to walk to the park, would have been great.

I agree, Disney should know by now that Resorts/Hotels close to the parks are highly sought after, and most especially if they open directly into the parks, like Grand Californian (and probably the new Star Wars hotels and maybe a new Epcot hotel). Anyway, Animal Kingdom is one park that has good room to expand, and they probably should have used some of that for Animal Kingdom Lodges.

I have heard that Disney is making plans to somehow connect Animal Kingdom Resort to the Park, and then on to the other resorts and parks. I have heard it might be a train rather than the gondolas, but they almost certainly will institute something. Disney would greatly prefer to de-emphasize the buses. They think gondolas and maybe trains would cost less.

Almost certainly they are going to do something. Whatever they choose, to run the half mile between AKL and the Park, if they just continue it on a bit, they could go to Coronado Springs and then Hollywood Studios. I'm pretty sure they will have something in place within 10 years.

 

[Lclark5678]

Almost certainly they are going to do something. Whatever they choose, to run the half mile between AKL and the Park, if they just continue it on a bit, they could go to Coronado Springs and then Hollywood Studios. I'm pretty sure they will have something in place within 10 years.
[/QUOTE]


Let’s hope so!! I just had an offer accepted there .