If you own a 2042 resort, what do you plan to do when it expires?

[HyperspaceMountainPilot]

I’m running my BWV and BCV in to the ground! Will be making full use of the cheap point charts until the contracts expire… I have other contracts which extend beyond 2042 though so not too worried! It will be nice to have a dues reduction when they expire

We only own BCV of the 2042s, but we bought it to use every last point (and are considering adding another contract to upgrade Villa size) if prices drop into double digits in the next couple years). It’s less than 25% of our total points so we have plenty of options (more than half of which are direct) after it’s gone.

We have staggered expiration dates with our contracts. BRV will fall off first and I will cry because it’s my favorite. We planned this to offer us flexibility after retirement. Lakeshore Lodge might be our BRV replacement.

BCV is our favorite and I will be sad when it’s gone, but we will have direct points to try out newer resorts, assuming we’re still interested in WDW in 20 years.

I've thought about this, maybe they could force payment of the annual dues in advance for 2041 in order to unlock borrowing of those points?

As for OP, I'd probably be saving up to buy in at Beach Club/Boardwalk if they were to offer it again

I would be happy to prepay for use of points…but am kind of thinking we’ll want to take our last trip as close to the end of the resort contract as possible, so long as we don’t have to worry we can’t get in.

We would consider buying BC again, but based on recent prices and point charts, would only buy if our (by then) adult kids love Epcot as much as we do and plan to travel with their kids. Otherwise we’ll keep using VGF points and book at the crescent lake hotels.

We'll keep our BCV contracts to the bitter end and then look forward to buying the wildly overpriced BCV2 for 2043!

Hahaha, that’s the spirit! If our family was younger, it would be our plan too— but we’ll be in our 60s and our kids will be starting their careers—maybe we’ll wait a few years and buy restricted resale at BCV2 for half the cost of direct.

 

[CarolynFH]

I've thought about this, maybe they could force payment of the annual dues in advance for 2041 in order to unlock borrowing of those points?

Since dues are for maintenance and operations of the resort for the calendar year, at most we’d be liable for 1/12 of the cost of operating and maintaining BWV during calendar year 2042. They could reasonably estimate that cost when determining 2041 dues and have us pay for January 2042 when we pay dues in January 2041.

 

[Chili327]

I would be happy to prepay for use of points…but am kind of thinking we’ll want to take our last trip as close to the end of the resort contract as possible, so long as we don’t have to worry we can’t get in.

I’d think the availability will be through the roof. Think how many contracts will be foreclosed on by then from no one being able to sell in the last 3-5 years… I’m sure there will be amazing DVC.rentals available to help make up the difference, but some will have just given up by then.

 

[Spivey378]

Turn the lights off and close the door.

 

[HyperspaceMountainPilot]

I’d think the availability will be through the roof. Think how many contracts will be foreclosed on by then from no one being able to sell in the last 3-5 years… I’m sure there will be amazing DVC.rentals available to help make up the difference, but some will have just given up by then.

Not sure why you’d assume this. It’s very likely that both BWV and BCV will be objectively worth more than $30 until the late 2030s, even for its final year BWV points will likely be worth $20/pt more than dues. Why would anybody foreclose?

 

[juliebee]

We will be in our 70s in 2042, so it's exactly why 2042 resorts appealed to us. The plan is to keep it until the end and if we are up to traveling after that, I'll rent points if we haven't added on at another resort by then.

 

[Chili327]

Not sure why you’d assume this. It’s very likely that both BWV and BCV will be objectively worth more than $30 until the late 2030s, even for its final year BWV points will likely be worth $20/pt more than dues. Why would anybody foreclose?

I assumed that wouldn’t be the case.
How would we know that, is it because Disney will keep dues below a certain level to keep that value up?

 

[HyperspaceMountainPilot]

I didn’t assume that is the case.
How would we know that, is it because Disney will keep dues below a certain level to keep that value up?

I guess something catastrophic could happen that makes the future very different from the past (and somehow makes dues climb much faster than hotel rates?)— but with the ultra low points chart, BWV rooms should always be far, far less than their crescent lake hotel competitors.

 

[Chili327]

with the ultra low points chart, BWV rooms should always be far, far less than their crescent lake hotel competitors.

I hope that is the case!!

On a side note. Did you see they raised standard view studios by 1pt.? (not sure where they lowered it)

 

[HyperspaceMountainPilot]

I hope that is the case!!

On a side note. Did you see they raised standard view studios by 1pt.? (not sure where they lowered it)

I did not! Across all seasons? I am a BCV owner, but would consider by buying BWV if they added another point or two to standard and took it away from garden— would make it less painful to book garden stays.

 

[marmentrout85]

Just curious if those who owns any of 2042 resorts have thought about what they will do when the time comes. Sell beforehand? Let it expire and move on? Or buy into something else?

Small chance we'll sell so probably will ride it out until the end. We have other contracts that go beyond that so that helps. Still, once 2042 hits, I'll most likely just want to buy either Boardwalk or Beach Club direct assuming they just start over with a new association/trust, etc. and sell points again. Heck I'd even buy restricted resale for either of them if that ends up being an option.

 

[DougEMG]

We'll probably keep our BWV to the end, but I did buy at RIV so that I have a resort in that general area when 2042 hits. Pretty sure I won't like the prices or point charts for a new redone BWV.

 

[atthebeachclub]

I’m running my BWV and BCV in to the ground! Will be making full use of the cheap point charts until the contracts expire… I have other contracts which extend beyond 2042 though so not too worried! It will be nice to have a dues reduction when they expire

Ditto.

 

[Cyberc1978]

When the expiration date for the 2042 comes then not only 1 or 2 resorts will close, but 5 resorts will (BCV, BWV, HHI, VB and BRV) Okw have both the 2042 and 2057 date, so it will continue operation.

That means a ton of points will exit the system, together with some owners.

In the end I think DVC will sell off VB and HHI. That still leaves 3 resorts at WDW. If DVC dont do something except for a refurb and then tries to sell them again, then DVC would have 5 resorts in active sale: BCV, BWV, BRV, AUL and the Fort most will compete with each other.

In any case I dont care, I will be more than 60yo and wont be buying any more DVC's. I do however expect to keep my BWV and BCV to the end.

 

[accm]

What I'm wondering about the 2042 resorts is how will DVC deal with major work that's funded by capital reserve. I'm looking at the BWV budget, and there are a few items that have 14-16 remaining years before needing to be replaced. Will DVC be funding these items, and essentially giving DVD a building with fewer things to repair/refurb if that's their plan?

 

[atthebeachclub]

What I'm wondering about the 2042 resorts is how will DVC deal with major work that's funded by capital reserve. I'm looking at the BWV budget, and there are a few items that have 14-16 remaining years before needing to be replaced. Will DVC be funding these items, and essentially giving DVD a building with fewer things to repair/refurb if that's their plan?

They should be done if the building is due for it, and I don’t have an issue with it. The building was new when built. It has to be kept to the standards of DVC while in use, and sometimes that means keeping things in repair.

 

[hhisc16]

HHI owner until 2042.
We plan on buying more points near the 2040 mark to continue as a DVC member for a 2054+ resort. (direct and resale)

 

[matt and beth]

Look how long it takes to sell these resorts when you have just a couple of options. Imagine trying to sell BWV, BCV, OKW, HH, BRV, and VB at the same time. Daunting task for WDW in my opinion. They will offer an extension of some sort IMO.

As for us, contemplating selling. However, we love BWV and plan on stickying around for as long as we enjoy WDW and it doesn’t get stale.

 

[Sandisw]

Look how long it takes to sell these resorts when you have just a couple of options. Imagine trying to sell BWV, BCV, OKW, HH, BRV, and VB at the same time. Daunting task for WDW in my opinion. They will offer an extension of some sort IMO.

As for us, contemplating selling. However, we love BWV and plan on stickying around for as long as we enjoy WDW and it doesn’t get stale.

There are plenty of things they can do though….esoecially if the trust becomes a thing.

One thing is they could make them exchange inventory during the transition…DVC owners can trade points for a fee to use….basically, it could be s different exchange system than BVTC…


As the refurbish, they come back online as part of DVC….but in the meantime, they remain open to cash and exchanges.

 

[RoseGold]

I’d think the availability will be through the roof. Think how many contracts will be foreclosed on by then from no one being able to sell in the last 3-5 years… I’m sure there will be amazing DVC.rentals available to help make up the difference, but some will have just given up by then.

Yes, this is so true. As they approach worthless in the last years -- and the transaction costs stay so high and probably increasing -- the incentive could be there to let them foreclose years before the resort ends.

For buying, there's probably a sweet spot at like 2035ish, assuming something close to current math, and assuming those properties are even kept up or desirable at 2035, which is a long time from now...