Irrational DVC Resale Pricing???

[JimMIA]

I had a hard time finding how the OP mentioned that you should "add back in" about $14 to get a more accurate resale final buy in?? That one took me for a good spin for sure!

People post all sorts of things on these boards. You just have to look at the assumptions they make and then evaluate the accuracy of their claims. Some make sense, some don't.

 

[FoxberryJam]

Going to a "home resort only" rule might have the exact opposite affect. Some members may have bought into the DVC because they wanted to stay at different resorts. If that option is removed, then some members may try to sell their DVC.

Exactly, we want the variety of staying at all the different resorts, don't want to stay at the same please year after year. I understand that Disney reserves the right to make such a policy change, but regardless, I'd be shocked if Disney actually invoked this. If they did, we'd probably look to sell.

 

[johnsbelt]

your pro-rated MFs would begin on the first day of your next UY.

I thought that MFs were calendar based not UY based.

 

[JWG]

I thought that MFs were calendar based not UY based.

Yes, with the exception of your first partial year of ownership. If you buy a contract (direct) with a 8/1 use year, you will pay pro-rated dues for the last 5 months of the year.

 

[Sandisw]

I thought that MFs were calendar based not UY based.

Yes, but when you get new points during the calendar year, you will be pay dues on those points from the time you add them on until the end of the year.

However, if you don't add them on until a new calendar year, then you would only owe dues for the new calendar year as you didn't own them prior.

For example, we have a June UY. If I add on points now, they would be 2010 UY points. I will pay 2010 MF's on those extra points since I am buying them during the 2010 calendar year and would be required to pay about 4 1/2 months worth of dues.

However, if I wait and add on those points in January 2011, (which would still be the same 2010 points), then I would only owe dues for these points starting in 2011 since I didn't own them during the 2010 calendar year.

 

[JimMIA]

I thought that MFs were calendar based not UY based.

That's correct. The difference to the buyer depends on whether you are buying direct or via resale.

In resale, the dues are already paid usually, and they are just considered a deal-sweetener. Few sellers expect the buyer to reimburse a pro-rata share of the dues.

Disney does pro-rate any current calendar-year dues.

 

[NewDCLGuy]

With some exceptions, I believe that most people aren't stupid. If they are doing something different than you would do, it's not because you are so much smarter than them. It's that they value things differently than you do.

If you build a fancy model to determine the absolute best way to buy DVC, and people aren't doing what your model tells then... My money is on the model being flawed, not the people.

 

[dizfan]

That is simply not true. BLT is one of the medium-sized resorts, about the same size as BWV. I don't have the exact figures, but I think it is the 4th or 5th largest. Certainly NOT small.

The only really small resorts at WDW are VWL and BCV. All of the other WDW resorts are pretty bookable at 7 months, except for peak periods.

Completely agree.

Here's numbers I've seen WebmasterDoc and DVC Mike post

Here is a breakdown of the number of units at each DVC resort.

OKW - 0 Dedicated Studios - 0 Dedicated 1Bdrm - 274 Dedicated 2Bdrm - 230 Lockoffs - 27 Grand Villas = 531 Units / 761 Max. Available Rooms

VB - 0 Dedicated Studios - 0 Dedicated 1Bdrm - 18 Dedicated 2Bdrm - 36 Lockoffs - 6 Grand Villas - 112 Inn Rooms = 172 Units / 208 Max. Available Rooms

HHI - 0 Dedicated Studios - 0 Dedicated 1Bdrm - 76 Dedicated 2Bdrm - 21 Lockoffs - 5 Grand Villas = 102 Units / 123 Max. Available Rooms

BWV - 97 Dedicated Studios - 130 Dedicated 1Bdrm - 0 Dedicated 2Bdrm - 149 2BR Lockoffs - 7 Grand Villas = 383 Units / 532 Max. Available Rooms

VWL - 20 Dedicated Studios - 27 Dedicated 1Bdrm - 44 Dedicated 2Bdrm - 45 2BR Lockoffs - 0 Grand Villas = 136 Units / 181 Max. Available Rooms

BCV - 36 Dedicated Studios - 20 Dedicated 1Bdrm - 78 Dedicated 2Bdrm - 74 2BR Lockoffs - 0 Grand Villas = 208 Units / 282 Max. Available Rooms

SSR - 0 Dedicated Studios - 0 Dedicated 1Bdrm - 360 Dedicated 2Bdrm - 432 Lockoffs - 36 Grand Villas - 60 3-BR THV = 888 Units / 1,320 Max. Available Rooms

AKV - 46 Dedicated Studios - 0 Dedicated 1BR villas - 140 Dedicated 2BR villas - 250 Lockoffs - 22 GVs. 134 villas within Jambo House at AKL (46 Ded.St, 82 Lockoffs, 6 GVs) and 324 villas in Kidani Village (140 Dedicated 2BRs, 168 Lockoffs, 16 GVs) for a total of 458 Units / 708 Max. Available Rooms.

BLT - 0 Dedicated Studios - 0 Dedicated 1BR villas - 148 Dedicated 2BR villas - 133 Lockoffs - 14 Grand Villas = 295 Units / 428 Max. Available Rooms

VGC - 0 Dedicated Studios - 0 Dedicated 1BR villas - 23 Dedicated 2BR villas - 23 Lockoffs - 2 Grand Villas = 48 Units / 71 Max. Available Rooms

Ranking of DVC Resorts by Size

RANK RESORT UNITS ROOMS
1   SSR    888    1320
2   OKW    531     761
3   AKV    458     708
4   BWV    383     532
5   BLT    295     428
6   BCV    208     282
7   VB     172     208
8   VWL    136     181
9   HHI    102     123
10  VGC     48      71

 

[CrazyDuck]

RANK RESORT UNITS ROOMS
1   SSR    888    1320
2   OKW    531     761
3   AKV    458     708
4   BWV    383     532
5   BLT    295     428
6   BCV    208     282
7   VB     172     208
8   VWL    136     181
9   HHI    102     123
10  VGC     48      71

Wow my home is small when you lay it out like that! I would have loved to have bought resale if it was an option, but the resale prices at my home were (still are) higher than the $95/pp I paid direct from DVD. I really didn't want to chance buying in WDW and trying to book VGC at 7!

I'm already looking to add on something at WDW though... Jim really makes a good case for resale, even if at SSR! Hey if I can buy 200 points at SSR and save $9000, that's like 9 years of free maintenance fees!