DVC Contemporary???

[lisaviolet]

I would buy for sure if I had the funds. It's my dream place. But if financially it was a tight squeeze or I was selling another contract to afford it if the points etc. were high I would have a lot to think about. Ie. higher maintenance/less vacation days in total.

 

[Ksp]

I agree 100%. Of course it will sell out in record time. No doubt about that.

I was asking if any members would not buy because of a "potential" high point chart/fees. And any guesses on what prices/points might be?

Don't they have to have the same amount of points total in the point chart as do the other resorts?

I seem to remember our guide, Nick, explaining why the point charts might vary slightly over the years, but would never be able to sky-rocket because each chart can only have a certain amount of points on it.

Does this ring a bell with anyone????

 

[jdg345]

IMO, if the next DVC is a monrail resort, or offers amenities that are different than the rest, it'll sell, just as all the rest have.
How many people who bought DVC in the beginning would've expected the point costs to be more than double by now?
"If you (DISNEY) build it, they will come" (And we have!!)

Have points really doubled since OKW opened? Slow Season Studio is like 8 points at OKW, 11 at SSR ... Was is 4 points for a studio at one point?!

Update: I was just thinking ... perhaps you meant cost per point? OKW was 40-50$ when it opened I think, compared to SSR's current $101-103 ?

 

[Plutofan]

If the point requirement will be a lot higher, which I expect, what better time to close down loops holes in the transfer system. If you think that you could just buy a small Contemporary contract and then transfer points in to book 11 months out. I applaud Disney attempt to fix the problem I just hope they do it in a constructive way.

 

[Mike]

Don't they have to have the same amount of points total in the point chart as do the other resorts?

I seem to remember our guide, Nick, explaining why the point charts might vary slightly over the years, but would never be able to sky-rocket because each chart can only have a certain amount of points on it.

Does this ring a bell with anyone????

The points to fill a given resort for a year has to remain constant for that resort, but each resort has its own unique number based on the number of units sold.

For example, the total number of points required to rent every villa at OKW has to remain the same. THat is why when several years ago they raised the points for weekends, the had to lower the points required for the weekdays accordingly.

But in no way is the total number of points at SSR and BCV the same.

By the way, Nick is my guide as well

 

[Ksp]

Thanks, Mike. I knew that somebody would have the details on the point chart maximums--Nick is pretty great, isn't he?
Too bad that there isn't a greater parity between the different resorts in terms of points--would even the playing field a bit. At any rate, I hope that any DVC on the monorail would not be sky high in terms of points, but we'll just have to wait and see.

 

[Dean]

Too bad that there isn't a greater parity between the different resorts in terms of points--would even the playing field a bit. At any rate, I hope that any DVC on the monorail would not be sky high in terms of points, but we'll just have to wait and see.

Actually there is a lot of parity, likely more than there should be. BWV preferred views, VWL and BCV all have the same exact points costs. BWV standard view and SSR are less follow the same cost model, just a percentage less. Of the on site options, only OKW is an outlier and likely because they learned they could charge more points and thus jack up the price. Unless VCR has a unique room setup, I fully expect it to be the same points costs as the others, just a different ending date. I too am not a huge CR fan but intend to buy a few points there and sell the rest I own in a year or 2. Partly because I need less points than I have now and partly because of the longer life and higher long term value.

 

[Plutofan]

Based upon past experiences does anyone know how pre-sale works?

1. Once they announce a new DVC do they start to pre-sell it?

2. How long is it from pre-sell until you receive points that can be used? Could it be at least a year or two?

3. For a DVC like the Contemporary which will probably be one building do they wait until the building is totally completed until your points are entered in the system?

4. Buying pre-sale was the up front deposit non refundable?

5. I am ssuming that the rest of the payment was due when your points became usuable. Is this correct?

I know that rules can change but it would be interesting to know these questions based upon past experiences. Thanks

 

[Dean]

Based upon past experiences does anyone know how pre-sale works?

1. Once they announce a new DVC do they start to pre-sell it?

2. How long is it from pre-sell until you receive points that can be used? Could it be at least a year or two?

3. For a DVC like the Contemporary which will probably be one building do they wait until the building is totally completed until your points are entered in the system?

4. Buying pre-sale was the up front deposit non refundable?

5. I am ssuming that the rest of the payment was due when your points became usuable. Is this correct?

I know that rules can change but it would be interesting to know these questions based upon past experiences. Thanks

They usually announce a resort then later announce a presale date, many times to existing members first. Frequently there are incentives such as reduce prices for a time. The earliest you would get points is when the resort was projected to open. But it depends on your use year and when your unit is actually available. You don't pay dues until starting when you sign the papers, when the resort opens for points or when your points are available, whichever is later. Typically it's been around 5-6 months ahead of opening that members could buy points as there are laws about how far things ahve to be along before they can sell at all.

If it's one building, the entire building would have to be open and accessible to get points there and to stay there. If more than one building they could phase it in like SSR. There isn't a deposit per se, however, one you sign the papers and your back out time is past, you are liable for the entire amount like any other contract or mortgage. Normally the entire amount is due at closing which can be a month or two prior to the resort opening OR you getting your points depending on use year, etc. At times DVC has given you last years points even if the resort wasn't open, that can be a great bonus.

 

[Ksp]

Actually there is a lot of parity, likely more than there should be. BWV preferred views, VWL and BCV all have the same exact points costs. BWV standard view and SSR are less follow the same cost model, just a percentage less. Of the on site options, only OKW is an outlier and likely because they learned they could charge more points and thus jack up the price. Unless VCR has a unique room setup, I fully expect it to be the same points costs as the others, just a different ending date. I too am not a huge CR fan but intend to buy a few points there and sell the rest I own in a year or 2. Partly because I need less points than I have now and partly because of the longer life and higher long term value.

Dean, do you have any notion about the points available overall in each of the resorts? I was wondering if -in the overall- the point totals are in parity. Earlier in the thread there was speculation that the point costs would be high for VCR.

(Say for example, if the OKW point chart has a total of 5,000 pts over the year <don't take the 5,000 number seriously--I'm just plugging in a figure>, might the total points at SSR be higher, say 7,000 available in a given year since it is slightly larger than OKW, & VWL/BCV might be roughly the same?)

I haven't gone through to see what the totals look like and compare them to size of the resorts; I would imagine that the size of the resort and the total of each type of room must have something to do with the overall point costs and the origination of the point chart itself.

Just doin' some Sunday morning thinking. . .if VCR will have 15 floors, how many rooms per floor. . . ok, this is already way too complicated, lol! I need another cup of coffee.

 

[DVC Grammy]

Have points really doubled since OKW opened? Slow Season Studio is like 8 points at OKW, 11 at SSR ... Was is 4 points for a studio at one point?!

Update: I was just thinking ... perhaps you meant cost per point? OKW was 40-50$ when it opened I think, compared to SSR's current $101-103 ?

Yep! I was referring to the cost per point, not the amount of points per stay

 

[RobDoc]

Based upon past experiences does anyone know how pre-sale works?

As Dean noted, pre-sales have been handled in a variety of ways over the years. Apparently, OKW did offer pre-sales - and I can't remember about VB or BWV (I don't recal any special incentives). HH did have a pre-sale- we purchased in 1995 a full year before the resort opened - but there were no incentives and no points were available until after the resort opened (we already had a June Use Year and had to wait until June, 2006 to get our first HH points). VWL was already open when DVC sales began (no presales) and no DVC points could be used there when the resort first opened. BCV sales began presales at the same time VWL sales ended and SSR pre-sales began when BCV ended. Basically, DVC has not had a period of time when they had nothing for sale.

In the case of SSR, no one got any points until the resort opened and their specific building actually was open for occupancy (they opened one buidling per month starting in May, 2004)- but they did have some retroactive Use Years starting with December, 2003 (so when you buidlign opened those buyers got Dec'03 points and then got their 2004 allottment in december again.

 

[mrsdon]

VB did have good incentives when they first started selling.
We were able to get tickets if we used our VB points at OKW.
They had lowered the point totals for a new contract and the developer supplemented the manitence fees for a long time.
We are one of the founding members and have a brick at VB
Im not interested in buying any points at the Contemp, but Id like to stay there one time.

 

[DVC Grammy]

I agree 100%. Of course it will sell out in record time. No doubt about that.

I was asking if any members would not buy because of a "potential" high point chart/fees. And any guesses on what prices/points might be?

On another thread, it sounds as if there are a large number of non-members who would buy a monorail DVC strictly due to location. There are probably many existing members who'd do the same for the same reason.
I'm not sure that DH and I would, but our kids might, since they have little ones.

 

[paults]

15 stories -----i hope not

that's like buying a beach house ocean side 2 doors from beach then they build a 12 floor condo building right in front of you.

I don't think Disney is that stupid to block the view from the towers with a 15 story building.

If it's true I be more inclined to say maybe 5/6 floors. I would be really POed if I had a 15 story view out my window. I know it wouldn't be close but it would detract form the overall view.

So please Disney rethink this if it's true which I think it's not.

 

[Dean]

Dean, do you have any notion about the points available overall in each of the resorts? I was wondering if -in the overall- the point totals are in parity. Earlier in the thread there was speculation that the point costs would be high for VCR.

(Say for example, if the OKW point chart has a total of 5,000 pts over the year <don't take the 5,000 number seriously--I'm just plugging in a figure>, might the total points at SSR be higher, say 7,000 available in a given year since it is slightly larger than OKW, & VWL/BCV might be roughly the same?)

I haven't gone through to see what the totals look like and compare them to size of the resorts; I would imagine that the size of the resort and the total of each type of room must have something to do with the overall point costs and the origination of the point chart itself.

Just doin' some Sunday morning thinking. . .if VCR will have 15 floors, how many rooms per floor. . . ok, this is already way too complicated, lol! I need another cup of coffee.

I think you're combining two different issues. DVC sells the total number of points to reserve about 50-51 weeks in each and every unit for the year. But there is also the question of what a night or week will cost in the same size unit for VCR compared to the others. I'm inclined to think it'll be the same as the other higher cost ones but I doubt it will be lower. And it could be higher per night or per week. I'm doubting 3 BR for this type of resort or if they do, maybe a double lockoff situation with a 1 BR flanked by two studios. We'll see.

 

[lisaviolet]

On another thread, it sounds as if there are a large number of non-members who would buy a monorail DVC strictly due to location.

Oh boy...do I wish I was in a certain financial position...I mean adding on just cause I want to. One has to dream. It's so addictive. I have to remember that DVC in general was once a dream.....and it's come true. It's not like we can't stay there.

Anyway, I'm rambling. I'm sure there are a lot of non-members waiting for a monorail resort. Exciting times.

 

[Tink10]

Pics of the proposed construction here.....

http://www.disboards.com/showthread.php?t=1187616

 

[Ksp]

Great detective work, Tink10!

 

[ReneeQ]

We love the monorail and the MK but I don't think I would want to stay in a high rise on vacation so if this is true I hope the 15 story part isn't.

Besides it seems to me that a 15 story building would overwhelm the CR's capacity in terms of restaurants, monorail etc. The other addons DVCs were not nearly the size of the original resorts.

Isn't this "proposed" to go where one of the old Contempory Wings used to be? While I agree a 15 story DVC might overwhelm the Contemporary's restaurants, monorail, etc., I would think the fact that they "lost" a portion (25% maybe, I'm not sure?) of the original Contemporary, would "help."