DUES Info! - All resorts dues have been released

[eticketplease]

OKW is actually a good SAP+ if you want cheap GV

It is cheap but it kills me that there are not 4 queen beds upstairs.
Every room at OKW except for that first one as you walk up the stairs that they could only put 2 full size beds!!

 

[eticketplease]

The dues eat up that initial buy savings real quick.

Yes I know neither I or @airjay75 would buy OKW as SAP but it was mentioning low upfront costs that is what I was pointing out.

 

[Chili327]

OKW is actually a good SAP+ if you want cheap GV

OKW is good to use points at for sure, but not the contract as SAP.

Wouldn't it be the reverse if you are thinking low upfront costs?
OKW esp 2042 is much less than SSR.

OKW is a pass for SAP for me too as those dues just continue to rise.

Agree, at over $10 for dues, not a good use for SAP (or SAP+)

 

[airjay75]

Wouldn't it be the reverse if you are thinking low upfront costs?
OKW esp 2042 is much less than SSR.

OKW is a pass for SAP for me too as those dues just continue to rise.

Yeah, I was more thinking that they are both low cost options relative to CCV/BLT/VGF/PVB in terms of upfront costs. OKW is definitely the cheaper upfront buy in compared to SSR, and I think we’re all on the same page about OKW not being a very good SAP choice with its dues and years left on the contract.

 

[DanCali]

So long as dues are less than Disney's rack rates, there will always be value in the contract.

I'd argue that is the dues are in the range of rental rates (which are much lower than rack rates), that's where things fall apart and resale values collapse. Why own when you can rent for less?

One would think that rental rates are correlated to increases in dues but it's also possible that, as dues increase, more owners will go the rental route and rental prices may be flat or go down down due to higher supply. Rental rates are about supply and demand - whatever the market will bear.

 

[VGCgroupie]

I'd argue that is the dues are in the range of rental rates (which are much lower than rack rates), that's where things fall apart and resale values collapse. Why own when you can rent for less?

One would think that rental rates are correlated to increases in dues but it's also possible that, as dues increase, more owners will go the rental route and rental prices may be flat or go down down due to higher supply. Rental rates are about supply and demand - whatever the market will bear.

There is a large percentage of people who are not comfortable renting points, there is an even bigger percentage that don't know renting points is a thing. I think DVC should be compared to rack rates w/ current discounts not renting.

 

[DanCali]

Happy Face	Sad Face
VGF	8.31
PVB	8.33
BLT	8.74
CCV	9.02
SSR	9.18
RIV	9.46
VGC	9.52
BWV	9.67
BRV	9.77
BCV	9.81
AKV	10.16
VDH	10.54
AUL	10.96
OKW	11.21
CFW	12.28
HHI	12.86
VB	14.89

Keeping the best contract a "secret"? (AULs)

 

[Chili327]

The thread that started it all..

https://www.disboards.com/threads/sap.3932280/

That was a fun trip down memory lane.

 

[DanCali]

There is a large percentage of people who are not comfortable renting points, there is an even bigger percentage that don't know renting points is a thing. I think DVC should be compared to rack rates w/ current discounts not renting.

True, but if someone is sophisticated enough to buy resale, they are probably also familiar with rentals. Empirical evidence with other developers (where many of the things you raise also hold) shows that there is not much resale value left once dues are similar to rental prices.

Maybe it happens if rental prices are a bit higher... maybe resale value is not completely zero... But can you realistically envision that, (as a general rule - not a New Year fixed week) if dues were $30/pt and rental prices were $25/pt people will pay much for a resale contract, even if rack rates were $60/pt? Would you?