Considering Direct Poly...

[ziravan]

The cost of buying Poly at $160 for 49 yrs worth of points is $3.27 per each point over the life of the contract. 160/49= 3.27.

The cost of buying SSR resale at $80 for 36 yrs is about $2.22 for each point over the life of the contract.

Poly direct $3.27
SSR resale $2.22

That's $1.05 per point.

So. If you own a 150 point contract, for each year of that contract, you'll pay about $160 more to own Poly direct than SSR resale.

(Time value of money not being considered, or rather, somewhat offset by the inflationary value of $160 today vs what that same $150 will be worth in say, 2030.)

So. On a product that you're considering dropping 10s of thousands of dollars into over the long haul, is it worth $160/yr to have home booking advantage where you want to stay?

I think so.

Now. MFs will serve, at least at this point, to make SSR another dollar plus per point cheaper. Here at least, I'm only comparing the cost of 'buy in'. Total cost to own will vary and not just based on MFs. If you're staying at Poly instead of SSR, over the life of the contract you'll probably go to MK more often. It's a monorail ride away. And that too will cost you more....

 

[madchatter]

You need to spend 6 months or so investigating so you'll know what's best for you. If you only want to stay Poly and you're OK paying almost triple over owning SSR, and you can pay cash, then maybe that's best for you. Once you investigate further, you'll be more comfortable with resale and if SSR or AKV would satisfy your needs, resale is the best by far. As for cash type exchanges, you'll pay more in essentially every case buying retail and using for those options than having less points and paying cash for the other items. I'd suggest buying the DVC points that satisfies your needs for DVC resorts only then look at other options for non DVC trips including cruise, ABD or non DVC timeshares.

I appreciate the advice. It makes good sense to me. And I think we will take some time to consider all options.

I'm just want to be positive, beyond a doubt, that DVC will sell us 25 points after we've made the decision on the resale purchase. I know they can change the rules at any time and I'd like to lock something in before anything else is altered and hopefully we'd be grandfathered in at that point.

 

[Dean]

The cost of buying Poly at $160 for 49 yrs worth of points is $3.27 per each point over the life of the contract. 160/49= 3.27.

The cost of buying SSR resale at $80 for 36 yrs is about $2.22 for each point over the life of the contract.

Poly direct $3.27
SSR resale $2.22

That's $1.05 per point.

So. If you own a 150 point contract, for each year of that contract, you'll pay about $160 more to own Poly direct than SSR resale.

(Time value of money not being considered, or rather, somewhat offset by the inflationary value of $160 today vs what that same $150 will be worth in say, 2030.)

So. On a product that you're considering dropping 10s of thousands of dollars into over the long haul, is it worth $160/yr to have home booking advantage where you want to stay?

I think so.

Now. MFs will serve, at least at this point, to make SSR another dollar plus per point cheaper. Here at least, I'm only comparing the cost of 'buy in'. Total cost to own will vary and not just based on MFs. If you're staying at Poly instead of SSR, over the life of the contract you'll probably go to MK more often. It's a monorail ride away. And that too will cost you more....

If you were paying the price pp for each year for what you state like dues, I'd agree, but you're not. You're paying now so it's roughly $160 pp Poly vs $80 pp SSR. Then dues are 10% higher (compounding) and as we know new resort maint fees have a habit of increasing faster than established resorts, at least of a while, I think 20% difference here long term is likely. Then we know it's roughly 75% more points to stay at Poly than SSR. And finally, in this situation, the OP was considering buying to use for cruises, so let's add another 150 points a year to the purchase price. Obviously my triple reference was general, for the same number of points used the same way it's well over double but it could easily be 4 or 5 times depending on some of the variables, esp buying extra points to cruise which is always a bad plan. Avoiding that mistake is likely the single biggest savings for the OP, the second potential mistake would be buying Poly just to use for all of the resorts. I personally don't think Poly will be overly difficult to get long term but I know some disagree.

 

[ziravan]

If you were paying the price pp for each year for what you state like dues, I'd agree, but you're not. You're paying now so it's roughly $160 pp Poly vs $80 pp SSR. Then dues are 10% higher (compounding) and as we know new resort maint fees have a habit of increasing faster than established resorts, at least of a while, I think 20% difference here long term is likely. Then we know it's roughly 75% more points to stay at Poly than SSR. And finally, in this situation, the OP was considering buying to use for cruises, so let's add another 150 points a year to the purchase price. Obviously my triple reference was general, for the same number of points used the same way it's well over double but it could easily be 4 or 5 times depending on some of the variables, esp buying extra points to cruise which is always a bad plan. Avoiding that mistake is likely the single biggest savings for the OP, the second potential mistake would be buying Poly just to use for all of the resorts. I personally don't think Poly will be overly difficult to get long term but I know some disagree.

1. Buying direct points to use on cruises is a phenomenally bad use of points. You'd be paying DVC a premium for the right to gouge you later. Hopefully anybody that comes here looking for answers will realize that. Using pre-2011 points for cruises is bad enough if understandable, but buying direct for that purpose?

2. Poly will always cost more than SSR. It's the first rule of real estate in action: location location location. As my avatar shows, I can see fireworks from my balcony at Poly.

I agree that buying Poly over SSR will be more expensive. My point is that I don't think the 'buy in' cost is the biggest factor there.

You shouldn't buy Poly unless you plan on using it for Poly.

But what do I know? I just spent my whole year 168 point allotment of Poly points on an OKW Grand Villa. I had decided to spend 115 points for a night at a Bungalow and after looking at it discovered that I could book two nights at an OKW Grand Villa for the same amount. And then some. So I did.

 

[Dean]

1. Buying direct points to use on cruises is a phenomenally bad use of points. You'd be paying DVC a premium for the right to gouge you later. Hopefully anybody that comes here looking for answers will realize that. Using pre-2011 points for cruises is bad enough if understandable, but buying direct for that purpose?

2. Poly will always cost more than SSR. It's the first rule of real estate in action: location location location. As my avatar shows, I can see fireworks from my balcony at Poly.

I agree that buying Poly over SSR will be more expensive. My point is that I don't think the 'buy in' cost is the biggest factor there.

You shouldn't buy Poly unless you plan on using it for Poly.

But what do I know? I just spent my whole year 168 point allotment of Poly points on an OKW Grand Villa. I had decided to spend 115 points for a night at a Bungalow and after looking at it discovered that I could book two nights at an OKW Grand Villa for the same amount. And then some. So I did.

Maybe you should sell Poly and buy SSR or OKW, LOL. IMO the biggest decision is whether buying at all is reasonable (it isn't for many that buy in), after that, the buy in price difference is likely the biggest single event far larger in many ways than the long term maint fees when highlighted in this manner though both are important. As for Poly being inherently more, it is but it really isn't as much due to actual value as it's timing in the sales order. I suspect it'll remain middle of the pack at best from an overall demand standpoint and were all WDW resorts the same expiration, above only SSR, AKV and OKW in holding it's long term value.

 

[Dean]

I wanted to add that ignoring the uncertainty of the program, buying Poly retail to use mostly at the 7 month window is probably a worse move than buying for cash type exchanges.

 

[bumbershoot]

Also immediate 200 points with UY of October for the next 200.

That's totally normal and not a one time special just for you offer. In case you didn't know that.

On a product that you're considering dropping 10s of thousands of dollars into over the long haul, is it worth $160/yr to have home booking advantage where you want to stay?

But did the Op say that Poly is where they want to stay?



If poly studios are your fave place and you'll almost always stay there, and when you stay there you'll book at 11 months out, Poly direct is likely the right purchase for you.

Anything else needs to be thought about more.

 

[ziravan]

If poly studios are your fave place and you'll almost always stay there, and when you stay there you'll book at 11 months out, Poly direct is likely the right purchase for you.

Anything else needs to be thought about more.

Agreed. Poly direct makes sense if you want to stay at Poly most of the time.

We have a Poly contract because that's where we want to stay.

 

[madchatter]

So we're narrowing down the type resale we want. Is it possible to find the same resale with two different brokers? Maybe they're just identical in every way but two different ones.
Better broker?

DVCResaleMarket.com (nick cotton)
Or
**********.com (garden views realty)

Practically no difference in cost...

 

[KAT4DISNEY]

So we're narrowing down the type resale we want. Is it possible to find the same resale with two different brokers? Maybe they're just identical in every way but two different ones.
Better broker?

DVCResaleMarket.com (nick cotton)
Or
**********.com (garden views realty)

Practically no difference in cost...

Yes. Several of the brokers allow open listings so a seller may list with more than one.

 

[Dean]

So we're narrowing down the type resale we want. Is it possible to find the same resale with two different brokers? Maybe they're just identical in every way but two different ones.
Better broker?

DVCResaleMarket.com (nick cotton)
Or
**********.com (garden views realty)

Practically no difference in cost...

it's not uncommon for some to cobroker contracts plus some brokers allow nonexclusive listings, both situations may make it possible to find the same contract from more than one broker.