Feedback needed. Buying 25 points direct, then selling Bay Lake resale, then buying bigger resale contract!

[Donald-Duck-QUACK-TASTIC]

My wife and I got extremely lucky back in 2015 and got a great deal on 160 BLT points ($81 a point) but our family has grown from two kids back then to five. Since we bought so long ago we were grandfathered into most if not all the benefits.

Since we are now going to be wanting a two bedroom every time we need way more than 160 points.

Our current plan was to sell our Bay Lake contract since prices are so high. Then buy 25 points direct to get our permanent blue card and maintain all benefits.

We love Boardwalk, Beach Club, Saratoga, and Boulder Ridge (well technically it's Wilderness Lodge that we love, the Boulder ridge rooms need a facelift...). We're looking for recommendations and where we should get 25 points from.

The other thing we would like recommendations on, and I know this is asked all the time, is how many points we should buy resale and to which resort.

- We're hoping to keep the resale contract under $30,000
- We typically go twice a year, average 7 days per trip
- Usually in spring before spring break and late November after Thanksgiving / early December
- We don't often book more than 7 months out unless we're staying at Bay Lake and we rarely have issues getting rooms somewhere we like to stay.
- We are not at all opposed to split stays.

Of course my initial thought is to buy 350 something points from Hilton Head since it's so cheap. Also since we're rarely picky about the resort and since two bedrooms seem to last a little longer than standard view studios I thought was that most the time at the 7-month mark we'd be able to find something that works for us. I know the due's are higher but since we plan to hold for about 10 years I've done the math and it's still a better option to pay $75-$85 per point than$125 for the next cheapest WDW resort option.

Would love to hear your thoughts.

 

[JETSDAD]

You need a minimum of 125 direct for blue card now.

 

[_auroraborealis_]

Yeah, the 25-point loophole was closed a while back. Your qualified points need to be 125+.

 

[Donald-Duck-QUACK-TASTIC]

You need a minimum of 125 direct for blue card now.

Oh interesting. Or guide never mentioned that but we didn't tell him we planned to sell BLT.

 

[_auroraborealis_]

Your contract is grandfathered but you are not. Once you do not hold that contract you are not "members" even if you hold other points, unless those points qualify under current guidance

 

[Where'sPiglet?]

I would just get another 160ish point contract resale from another resort and keep your BLT.

With banking and borrowing, alternate resorts each year so you're using 320 BLT one year and then 320 SSR/whatever the other year.

Your BLT is old enough to be unrestricted, so you can use those points at Riviera and other future resorts. Any new resale contract will be restricted.

 

[DisneyonMars]

I would definitely not sell your BLT contract! You have a blue card with that and those are unrestricted points. Would just add on wherever you want to what you already have!

 

[Sunnyore]

Yup, agree with others. Don’t sell BLT to keep your benefits and unrestricted points. Just add on resale purchase to get your 2 bedroom you need.

 

[KAngela]

As a new BLT resale contract holder, I concur with the wisdom of everyone else: never, ever, ever sell that contract until you are done with DVC. It's worth its weight in gold annual passes.

 

[10CJ]

I also would keep the BLT contract that you have. Given that you are open to split stays I would consider a different resort but I would try to keep the same use year.

 

[RoseGold]

I'd keep the BLT, even if you don't value the Blue Card. You have to pay taxes on the gain (YUCK!), so you might as well hold.

That means you need to add on a 150-200 pointer, easy enough. HH is one of the most expensive in the system. I think any of the top 5 are fine (except VGF is a mess right now with the proposed expansion):

https://www.dvcresalemarket.com/blog/best-economical-dvc-resorts-to-purchase-spring-2021/
There's a couple CCV listings that I would pick on straight math for SAP, and of course the old favorite SSR. I would not buy any timeshare outside of Florida, because I do not consider myself educated enough in how they treat timeshares. I did seriously consider Aulani for this, and decided against it when I saw how Hawaii has treated its laws and taxes.

If you love BW and BC, I think there's an argument to be made for them mathematically, because of their legacy charts, and assuming you use their 11 month priority (which does not sound like you). They certainly aren't the cheapest in the system, but they hold their own against cash and are very different properties than BLT. You might even have to buy/use less points. Maybe that's worth a few hundred dollars a year to you. I even think there's an argument to be made for holding them for ten years, because I don't see them depreciating linearly, because that would flip their math against direct sales. Maybe your crystal ball is different than mine.

 

[Donald-Duck-QUACK-TASTIC]

Thank you so much for the replies. This is definitely give us something to think about and maybe we will just hold on to our BLT. We do love staying there.

 

[Where'sPiglet?]

Thank you so much for the replies. This is definitely give us something to think about and maybe we will just hold on to our BLT. We do love staying there.

I would do that. You literally cannot get back what you have in a resale contract at this time - and especially not at the price per point. You can sell your BLT, but you'd be buying back in at a higher price per point for fewer benefits and with restrictions. Almost all the resorts with the lowest buy-in price per point have higher dues than BLT: Aulani, Vero, Hilton Head, AKV, etc.

I would also consider your add-on to be on-site at WDW if that's where you intend to visit frequently. Since you wouldn't need all 350 points, you can still stay under your $30,000 budget for points. I would get the same use year (and names on contract - same membership account) to make combining points at the 7 month mark simple.

Since you're getting larger room sizes to accommodate your current family size, you might be okay with a 2042 since you plan to be going back to smaller units in the future when the kids leave the nest. However, if you plan to sell in 10 years, I'd consider getting a Not 2042 because you may not get your investment back in 2031.

As far as studios lasting longer, Studios almost always go first, and at some resorts, since most or all of the 2-bedrooms are lock-offs, 2-bedrooms go next or at the same time. 1-bedrooms are almost always the last room category (of the S-1-2 standard room sizes) to sell out.

 

[SL6827]

Thank you so much for the replies. This is definitely give us something to think about and maybe we will just hold on to our BLT. We do love staying there.

I am sooooo glad you found this info.