The value for those buying BCV is in comparing it to a cash stay and not on making a profit. If you buy anywhere else, you may have to stay at a different resort for the next 20 years when the resort you really want to stay at is BCV.
I can see your point. Everyone does it from a different perspective. I loved staying at the beach club, but I also loved staying at AKL, I would love to stay atVGF, and RIV. And old key west is also a place I would like to stay. So my perspective is that I am not locked into ONLY wanting to stay primarily at one property.
Add to that I tend to travel at lower peak
DVC times in the past, AND I acknowledge I am a point waster. I like a one bedroom. And if there are more than 4, I like a two bedroom, and it needs to be dedicated with two queen beds. So, ease of being able to stay different places for my style of travel is a BIG factor in my choices and my perspective.
(Btw, I know there are more point wasters out there, can we start a secret club or something? One bedroom anonymous OBA?)
If you like to travel in the fall, and want a studio or a dedicated two bedroom at BCV to enjoy the awesome pool and easy walk to Epcot, then you should own at BCV.
For me, I will buy a longer contract because 1) if I want to sell in 10 years I probably can recoup a lot of the initial investment, (this is not about profit, it’s about trying to stack the cards in your favour for recouping some of that initial expense) 2) if I don’t want to sell, I can gift it to the kids and they can use it long after I will be able to. And if it’s at AKL, or RIV or VGF, I’m going to be a happy camper.
The big question for me, doing my armchair thinking on a Sunday morning, is how the end of life is going to play out for BCV. I don’t think it will be the same as BWV, I think Disney has definite plans on that property, and are grabbing up points already through ROFR. This will naturally prop up resale prices (I think) for longer.
But, at BCV , if Disney does not hold the line, there may be a huge decline in the price of resale, and I think the drop will be like GameStop, artificially held up for a while, but when the plunge happens it will be sudden and sharp. Titanic proportions. Remember when southwest had boarding zones, and the moment one person got up and stood in the zoning area, everybody would follow? Like that!
you never know where life takes you or what is around the corner. When I bought BCV, many years ago, I never thought I would sell that timeshare. Fast forward 6 years later, and we had three kids in university. Did I want to help the kids so they could manage zero debt after university, or did I want to keep the DVC? let’s face it, the room is only one factor on a Disney vacation, when you add tickets, food and flights, it’s an expensive habit!
The great thing was, I HAD A CHOICE, I could sell the DVC for more than I paid for it, and broken a little better than even when you considered brokerage costs, and other fees. That was awesome, and what other timeshare gives you that?
My point is this, if you are buying BCV, I don’t think you can hope to recoup even half of your initial costs in five years. How low will it go? I think it depends on what Disney does with ROFR. And even if they prop up the price, there is going to be a point in time where people are not going to pay 150 pp for BCV, with only 15 years left, when there will be so many other properties with lower ppp and longer lifespans.
I think that if you are buying BVC, you are buying it to sail into the sunset with. Plan on zero initial recoup. That way you won’t be disheartened if the floor drops out of the resale market.
one final comment- there are a lot of BCV contracts for sale right now, pretty soon it’s going to look like SSR and OKW- and I think that means a lot of owners are taking the money now and running, before it does tank.....
