Do you ever have trouble putting time in perspective with DVC?

[Bjaiken77]

Admittedly, I’m a naturally anxious person. However, I look at these DVC expiration dates and sometimes forget how long 20-30-40-50 years last. I look at SSR/OKW/AKL expectation dates, and I say, “maybe I should buy resale on a resort with more than 40 years left.” I know people say time goes fast, and it certainly does. However, on the other hand, so much changes over 30+ years.

I find the same with these 2042 resorts, especially BWV and BCV for me. 20 years is still a long time if you get a good resale deal and use it until the end.

Does anyone else have trouble putting these expiration dates in perspective when thinking about purchasing?

 

[808blessing]

I think about how old would I be when it expires. I think about how old will I be and value if doing an exit/sell plan. I think about how expensive it will be in the end. I think about how much tradition is worth to me. I think about options of rentals. I think of what I want my day to look like when I stay on property. Then I think of all of my bucket list/milestone trips I want to make. 20 years goes by fast!

 

[MICKIMINI]

In 1996 it seemed that 2042 would never, ever come. We laughed it off when we bought. Our son was ten and now is 33. DH and I will be in our 80's in 2042 which is a scary thought!

 

[Bjaiken77]

Yeah, I will be 65 in 2042. At that time, I’m hoping to be increasing my ability to go on vacations instead of having a time share come to an end. Still, if you look at 2042 as prepaid vacations, it can still make sense if you get a good price, especially at some of the more premium locations. I toy with BCV all the time as a possibility. My dream is for them to offer BCV or Yacht Club with an expiration date further in the future.

 

[MICKIMINI]

We're all in and plan to spend 30+ nights at WDW as snowbirds within a couple years. Hopefully a 1 BR not a studio LOL! 2042's are still great! Bring on YC!

 

[Louis morrell]

I just think about how dead I will be when my SSR contracts expire. I am sure I will expire first
And for the record, 20 years is like the blink of an eye looking back.

 

[princesscinderella]

I will be 92 when my RIV contract expires I hope to live that long to enjoy it with my children, grandchildren and possibly great grandchildren.

 

[kes601]

We chose SSR partially because of our ages when the deed expires (77 for me). The problem with the 2042 expirations for us were that I would just be hitting retirement age and we wanted to enjoy DVC in retirement even if we aren’t doing the parks as much at that point.

 

[Bjaiken77]

I can tell I’m the same age as princesscinderella and kes601 just by deed expiration dates and having calculated my own age upon deed expirations. I really need another hobby lol.

 

[npatellye]

I will be 88 when our Riviera contracts expire. Hopefully, we will have had decades of memories with our children and possibly grandchildren by then.

For our add on, I don’t anticipate keeping it longer than 10 years but we shall see.

 

[RoseGold]

I think it depends on your exit strategy. Everyone acts like they are buying this forever, but there's nothing wrong with planning to sell. I think a 50 year contract on a theme park hotel is a little anxiety-inducing also. But, I'm pretty sure this will hold for 10 years while we are in princess dresses, and that's all I need.

 

[Sandisw]

Because I want my contracts to go to my kids and they, as adults want the same thing, we did take that into account when buying RIV.

We own SSR abs next year will buy into VGF..most likely direct as we only want 75 points.

 

[Bjaiken77]

I think it depends on your exit strategy. Everyone acts like they are buying this forever, but there's nothing wrong with planning to sell. I think a 50 year contract on a theme park hotel is a little anxiety-inducing also. But, I'm pretty sure this will hold for 10 years while we are in princess dresses, and that's all I need.

I’m not anxious about 50 years being too many; I’m anxious about SSR not being long enough. We have no kids and have been going to Disney for a long time. We just never had the resources to do something like DVC until now.

But you are absolutely right. There is nothing wrong with a 10 year exit strategy.

 

[Bjaiken77]

Because I want my contracts to go to my kids and they, as adults want the same thing, we did take that into account when buying RIV.

We own SSR abs next year will buy into VGF..most likely direct as we only want 75 points.

We don’t have kids, or have any plans for kids in the future. We are both older and spent a lot of time in graduate school. We will probably will it to nephews and nieces, but to be honest, I love the idea of me expiring before the contract. Since Disney is a fixed term timeshare, it makes me feel more like it’s a lifetime investment because, for me, it will last my lifetime.

However, I totally admire gifting it to your children. That’s an incredible gift and legacy to leave behind.

 

[Robert Stoddart]

I will be early 90s when my VGF contracts expire - assuming I don't first of course. That seemed about right when we bought in - but adding on at one of the later resorts is a bit mind-bending, especially given the Riviera restrictions (and likely future resorts too).

 

[Bjaiken77]

I will be early 90s when my VGF contracts expire - assuming I don't first of course. That seemed about right when we bought in - but adding on at one of the later resorts is a bit mind-bending, especially given the Riviera restrictions (and likely future resorts too).

Me too. I’ll add on if there is an incredible resort built, but it’ll never again be because I feel like I need a longer expiration date.

 

[4luv2cdisney]

Sometimes I have a hard time separating what we (DH and I) need vs what we may want to leave for our kids. They are 19 and 22 and Disney freaks like us, so I assume they will still be interested.

Reality is, we will need a boatload of points for probably about 10-15 years for the 2 of us PLUS taking the kids (and families if any). DH is 50 and we want to start travelling more when he is about 60 but he probably won't retire until 65. I expect our highest DVC usage to be 65-75 (who really knows) but that will be years 2035 - 2045.

We own BWV. I'm actually hoping BWV prices drop enough and at the perfect time for us along with SSR (can you imagine how many people will start dumping contracts there the last 15 years or so? And at that volume, I'd think they will be cheap).

In 2042 our family will be:

72
68
44
40

In 2054:

84
80
56
52

If our kids have kids, the grandkids will likely be adults by then, too. I can't think beyond that.

I'm just not into worrying about resale value. I don't want to buy any resort just because I might be able to sell it for more $ some day. We're very unlikely to sell. The contracts are also in our kids names, so they would need to be the ones wanting to sell. And if they didn't pay for them, they can't complain if they're worth diddly. lol More likely, our points will expire as we are "ready" for them to expire.

I consider DVC a sunk cost. We buy small with vacation funds and focus on keeping dues reasonable for our budget.

If along the way we want to start picking up another resort because we find we want to own there (or our kids do), so be it.

I'm a little sad about BWV expiring just because I'm hoping to still be using our DVC a few years after they expire. But, I can't change what it is and I want to stay there in the meantime.

 

[sethschroeder]

It can still be a good deal but I just think when I have kids going off to college or as I am getting closer to retirement I don't want an expiring DVC contract. Having a longer contract gives me something to sell with more value after they graduate high school or keep and use in to retirement/grand kids.

 

[Lee Matthews]

It’s unlikely that properties like Vero beach will have their contracts extended past 2024 isn’t it?

 

[🍀TwinsMom]

I'll be 97 and hubby 103, so we definitely bought with passing DVC down to our kids. We both grew up modest means, so being able to gift a lifetime of nice vacations really makes us happy. We don't know how much we'll pass on in terms of cash assets with expected family history of longevity and healthcare/nursing home costs, but we both like the idea of giving them nice family vacations after we're gone, when they're probably broke and starting out. Plus, we loved our resort-only stay at Riviera in February. We don't need to be park warriors. We're happy to ride the Skyliner and eat, shop DS, so if we can't afford APs at some point, we can still enjoy a nice trip in our later years and just relax.