How many points do you own?

[intamin]

We have 780 all at AKV. We typically book 1BR and sometimes 2BR (Points not used during COVID shutdown). We typically go down for 9-10 days during spring break and then 2 weeks over the summer. Every now and then we sneak in a late fall trip (Nov/Dec). You'd be surprised how quickly those points go.

780 at AK?


Were they all direct?

 

[BrianLa]

And looking at your travel history, you use those points more as SAP?

Assuming SAP = Sleeping Around Points, then YES. We only stayed at AKV a total of 8 nights (3 night split stay, 5 night long weekend) out of the 168 nights we have stayed using points. We plan ahead and need to vacation around the kids school schedules so we have been very lucky to get rooms at other resorts. Even for our upcoming trip during the first week of December. We were figuring we would "have"" to stay at AKV but our waitlist for BCV came though about a month ago. I'm not putting down AKV at all as the resort as a whole is great. It just comes down to the location. We love being able to avoid Disney buses or having to drive and park at all of the parks.

 

[BrianLa]

780 at AK?
View attachment 803616

Were they all direct?

All were resale. 4 different contracts. 200, 200, 210 March and 170 October. We choose March as we typically go spring break and over the summer so that UY worked out best for both of those times. We added and October contract to for the November/Early December trips. When we were looking at purchasing we found that AKV offered the best value. We ruled out all of the 2042 resorts, PVB because lack of 1 & 2 Bedrooms even though its my favorite resort, VGF because of the high point charts. So in the end it was down to BLT and AKV.

 

[Cfabar1]

At $7.33 dues/point that's $3300 per week

That amount would say that a 2 BR each night runs $471 or so per night. Not too bad.

Raising the amount to $11 to include the up front costs raise it to $707 per night. That compares very favorably to a normal GF hotel room.

Now do you want to commit to Disney and spending all this money there for 40 years... that's a different topic altogether.

 

[intamin]

That amount would say that a 2 BR each night runs $471 or so per night. Not too bad.

Raising the amount to $11 to include the up front costs raise it to $707 per night. That compares very favorably to a normal GF hotel room.

Now do you want to commit to Disney and spending all this money there for 40 years... that's a different topic altogether.

 

[DanCali]

That amount would say that a 2 BR each night runs $471 or so per night. Not too bad.

Raising the amount to $11 to include the up front costs raise it to $707 per night. That compares very favorably to a normal GF hotel room.

Now do you want to commit to Disney and spending all this money there for 40 years... that's a different topic altogether.

That prior discussion had to do with whether or not maintenance fees seem reasonable given that it's "just" a 2BR condo in Florida (started in post #19). It was not about how the maintenance fees (or "total cost" when you annualize the purchase price) compare to some artificial rack rate, which would probably be lower by 75% if there was no theme park in the area.

Looking just at the maintenance fees on 450 points that was $3300 per week (what you refer to as $471/night), which is $172,000/year or $14,300 per month. How does $14,300/month compare to your HOA dues even after you add electric, insurance, cleaning fees and depreciation of furniture? For comparison, the "nicest" Marriott Vacation Club timeshare in Orlando (Lakeshore Reserve) has annual dues of $2400/week for a 2BR.

 

[Cfabar1]

That prior discussion had to do with whether or not maintenance fees seem reasonable given that it's "just" a 2BR condo in Florida (started in post #19). It was not about how the maintenance fees (or "total cost" when you annualize the purchase price) compare to some artificial rack rate, which would probably be lower by 75% if there was no theme park in the area.

Looking just at the maintenance fees on 450 points that was $3300 per week (what you refer to as $471/night), which is $172,000/year or $14,300 per month. How does $14,300/month compare to your HOA dues even after you add electric, insurance, cleaning fees and depreciation of furniture? For comparison, the "nicest" Marriott Vacation Club timeshare in Orlando (Lakeshore Reserve) has annual dues of $2400/week for a 2BR.

I think you could make this claim about all timeshares though. The Marriott example would cost $125k a year, which is hardly a bargain, and also excessive, albeit less excessive. A second property is likely to always be more cost effective than a timeshare.