Is a point a point

[jncvh]

I am new to the DVC and recently purchased at SSR. A question that I am curious about is a point a point. Meaning, if I am very flexible in my schedule and willing to accept lodgings at any resort under the 7 months would buying points at VB for $65 a point be the same as buying points at SSR for $95 a point. My home resort is SSR and am planning on staying there most of the time for the spa and golf but if I bring family and would like to stay at OKW or BCV, are all of the points the same if the unit is available and under the 7 months reservation. I understand though that if I buy points at another resort that I would have a differnt use year and a different home resort for those points. I am looking at purchasing more points and was wondering if buying points at VB would be more feasible than buying points at SSR.

Also, would the maintenance fees and taxes be less expensive at OKW or VB than they would be at SSR. I am not trying to be cheap it is more of a thought process.

Thank you in advance

 

[boatboatboat]

a point is a point at the 7 mth window.

while ssr cost more to buy then vero, ssr will last 12 years longer. also vero has very high dues, while ssr has the lowest dues, since it is so new.

 

[jncvh]

What are the dues like at OKW?

 

[BillPA]

Here is a link to charts of dues history. This was created by a DIS DVC'r, sorry I don't know who put in all the time to make this.

http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm

 

[flechette]

I'm not the OP but thanks for the link! I'm tagging that sucker

 

[Woodcourt]

I was wondering the same thing. DH found a resale for OKW with 250 pts for about the same we figured you could get about 200 pts for any of the others that you bought straight from Disney.

Like you, we arent trying to skim money off the top, but if a point is a point , why would I pay $100 when I can get it for $76? Am I missing something?

 

[Caskbill]

There are several things to consider, even though a point is a point.

1. Home resort booking advantage (8-11 month window). This can be extremely important for certain dates. For example, getting a standard view Studio at BW the first two weeks of December, can be almost impossible at the 7-month window.
2. Dues. Over time the dues for some resorts may offset any 'savings' on the original purchase. For example, currently VB's dues are $1.29/point more than SSR's. For 150 points, that would be almost $200/year more.
3. DVC can suspend using points at other resorts. Unlikely to happen, but it is in the POS. However, a distinct possibility is a resort becomes unusable and is closed. For example if a hurricane completely wiped out VB or HH, owners at those resorts would not be able to use points elsewhere. (Basically they would be out of the system since they would no longer have a resort that others could trade into).
4. If you're looking at resale prices, don't forget that in most cases the buyer is expected to pay closing costs. Factor that into your calculations.
5. For resales, also look at points available. If you were to buy from Disney today and let's say they will give you 2005 points, and a resale has no 2005 points, and no 2006 points, and you get nothing until 2007, then factor that into the equation also.

 

[Maistre Gracey]

The major thing is the 7 month window. If you never book more than 7 months out, than it makes almost zero difference which resort you purchase (other than the annual fee difference).

I believe there is a clause in the official POS that says DVC can restrict you to your home resort, but that would be EXTREMELY unlikey.

Just keep in mind that eventually the higher fees at Vero will more than make up for the lower initial price.

Caveat- I own a good chunk of Vero points, but specifically to use for the harder Vero ressies.

MG

 

[boatboatboat]

For example if a hurricane completely wiped out VB or HH, owners at those resorts would not be able to use points elsewhere. (Basically they would be out of the system since they would no longer have a resort that others could trade into).


What happens then? Does DVC collect insurance money and pay the people who own there, a cash settlement?

I believe there is a clause in the official POS that says DVC can restrict you to your home resort, but that would be EXTREMELY unlikey.


I wonder what would need to happen for DVC to ever do this?

 

[dvc-NE]

I believe there is a clause in the official POS that says DVC can restrict you to your home resort, but that would be EXTREMELY unlikey.

MG

I believe the POS says it only has to guarantee a ONE MONTH booking advantage at your home resort (any resort you own points at). Matt

 

[CarolMN]

....(snip) .....
I believe there is a clause in the official POS that says DVC can restrict you to your home resort, but that would be EXTREMELY unlikey.


I wonder what would need to happen for DVC to ever do this?

One possiblility -

If the members voted Disney out as the manager/operator of the resort. In that case, the resort "owners" would no longer belong to the DVC and would be restricted to stays at their own resort. Very unlikely in my opinion. But there are provisions in the POS that cover this possibility.

Best wishes -

 

[jncvh]

What about buying VB or OKW points at a lower rate and using the points for non-Disney locations such as the Adventure or Concierge collection? I understand that they would be 12 years less that SSR but if you used enough of these points for trips I would think they would be worth it.

 

[crisi]

I wonder what would need to happen for DVC to ever do this?

Or someone (ala Comcast) takes over DVC and sells off business units. They might sell their resort holdings (or at least the managment thereof) to a company like Marriott to focus on their key business segments. I doubt there is anything in the contracts that would say DVC needs to be sold as a unit - they could sell parts of it to Hilton and other parts to Starwood. Who knows what would happen if they start selling off parts of the business.