- Joined
- Jun 15, 2015
- Messages
- 2,689
Interesting, but if you are selling, someone is buying ? No?I think more people tend to sell around the holidays to avoid paying the annual dues.
Interesting, but if you are selling, someone is buying ? No?I think more people tend to sell around the holidays to avoid paying the annual dues.
Not sure if additional contracts on the market correlates to increased sales. Possibly!Interesting, but if you are selling, someone is buying ? No?
Buyers will usually reimburse seller the dues if the points haven’t been used, as we all know. No specific time limit.if they don’t sell buy Jan 15 you pay the tax, defeats the stated purpose of selling to avoid the tax
For those of you that are waiting for the right opportunity to come across to purchase DVC I believe your prudence is about to be rewarded. Interest rates are rising, consumer confidence is wavering, global recession on the horizon, supply of DVC inventory is increasing, and the massive bank of points from COVID is shrinking. Add that all up and I foresee a buyers market in the 3rd and 4th quarter this year.
I 100% agree with you - I have to assume whoever is buying BWV at $230 has no idea of the resale market.Continued weakening is showing in the secondary market. The only thing that continues to baffle me is the ROFR reports. Disney is still buying back 2042s meaning someone is buying direct 2042s at over $200(!!!!!) per point. Maybe eventually people will wake up and realize that with only 19ish years of useful life left a break even is highly improbable at $200+ per point.
$230 for BWV???I 100% agree with you - I have to assume whoever is buying BWV at $230 has no idea of the resale market.
BCV is $265 PP$230 for BWV???
So if I bought 100 points direct from DVC my cost per year would be roughly $1800 per year ($23000/20 + annual dues). There is no way you could possibly even sniff a break even on that deal. Disney is just like Vegas.. if you’re going to make a poor decision they have no problem taking your money.
Or Disney is buy back to hold, for something else?Continued weakening is showing in the secondary market. The only thing that continues to baffle me is the ROFR reports. Disney is still buying back 2042s meaning someone is buying direct 2042s at over $200(!!!!!) per point. Maybe eventually people will wake up and realize that with only 19ish years of useful life left a break even is highly improbable at $200+ per point.
Seeeeee.... that's what I kept thinking, too! However, they passed my $125 PP BWV contract and it seems that the last few weeks the ROFR bloodbath has subsided on BWV/BCV so now I'm not sure....Or Disney is buy back to hold, for something else?
Unit numbers? Maybe total speculation.Seeeeee.... that's what I kept thinking, too! However, they passed my $125 PP BWV contract and it seems that the last few weeks the ROFR bloodbath has subsided on BWV/BCV so now I'm not sure....
WOW that is a good price. Glad it snuck through ROFR for you!Seeeeee.... that's what I kept thinking, too! However, they passed my $125 PP BWV contract and it seems that the last few weeks the ROFR bloodbath has subsided on BWV/BCV so now I'm not sure....
Now THAT is a phenomenal deal. Congrats!!!Seeeeee.... that's what I kept thinking, too! However, they passed my $125 PP BWV contract and it seems that the last few weeks the ROFR bloodbath has subsided on BWV/BCV so now I'm not sure....
WOW that is a good price. Glad it snuck through ROFR for you!
Yes, we were absolutely shocked when it passed. It was a full-price offer but right when we put it in is when the ROFR prices were skyrocketing for BWV. By the time ours passed, ROFR had seemingly stopped on BWV and BCV. It was really just the timing, I think.Now THAT is a phenomenal deal. Congrats!!!
Certainly seems like prices will be coming down given the number of contracts out for sale and how many have already been reduced. Prices are still way above what they were a year or two ago, so we'll just have to see how things pan out over the next 12 months.
Maybe, but, for me, I like the thought of my DVC ownership stretching farther into the future. In 2042 I could sell my VGF, Copper Creek, or Aulani and actually get something back, instead of seeing the points vanish with zero chance of recouping anything.I’ve said before I think the devaluation people place on the 2042 resorts is larger then makes sense. When you do the math of cost per point looking at number of years and dues it can look like 2042 resorts are bad deal. However if you take into account time value of money the cheaper selling price of 2042 results make up lot of the difference and can even be financially better pending your assumed interest rate.
That said I don’t think any scensrio makes up for the direct prices and 2042 direct is awful deal.
Different calculus for me on 2042 resorts because we are in are our late 50s with no kids. So, I had no problem paying $134 resale for BWV. I'm just hoping my own contract doesn't expire before my BWV contract does.Maybe, but, for me, I like the thought of my DVC ownership stretching farther into the future. In 2042 I could sell my VGF, Copper Creek, or Aulani and actually get something back, instead of seeing the points vanish with zero chance of recouping anything.
And, five or seven years before the 2042 resorts expire, I can’t help but think it would be hard to unload them as well, even if the math still kinda works at whatever reduced price they’re going for on the resale market.