Love BWV and BCV but hate the 2042 expiration....

[joeytdog]

We love DW

We have been the past three years renting points. Once at BWV, then at BCV and now next May at BWV again

We have 2 children. DD 3 and DS 4.

We would have to finance the contract and would be able to pay it off in two years, when we sell our rental house.

My question is

How do you weigh the where you want to stay (BC and BWV) aspect versuses the contract expiration advantage (AKV and BLT)?

We are waiting until our May trip to look first hand at AKV and BLT before making a purchase.

I love BWV and BCV but I love the 15 extra years that AKV can offer even more.

BLT doesnt appeal to me as much as AKV because the number of points needed for stay

Anyone else facing this quandry of buy where you want to stay versuses contract expiration date?

Not looking for answers, but more of an open discussion to the issue.

thanks

 

[crisi]

How old are you?

For us, the extra years are pretty moot - I'll be 76 when my BWV points expire. My kids are currently 9 and 10 and - they aren't outgrowing Disney, but their worlds are expanding so that Disney is only one option (skiing and a dude ranch are high on their lists). And there is a fairly good chance that when our kids are grown up, we won't bother to own DVC (I prefer the Deluxe resorts if its just the two of us - I like having the kids sleep in a different room - actually, more and more nowadays, I prefer the value and quality you get offsite.) We have no intention of giving our kids a timeshare in our wills - if they choose to go to Disney, they can make that committment on their own - willing something that comes with dues - in my opinion - is a burden. Our will stipulates DVC is sold and the proceeds divided evenly (if one of the children wants to purchase from the other, that is their business).

However, if I were 25, my answer might be very different. Or even if I were 55 with near grown children who I knew wanted to make a committment to Disney.

 

[Dean]

It's hard to imagine they won't offer some type of extension program later but it might be combined with buying more points.

 

[joeytdog]

I am 30 and my wife is 28 so we have a ways to go. If I were older, it would make less difference to me as well, so I agree with you on that......

 

[joeytdog]

I am hoping that either AKV or BLT just blows me away, otherwise I will probably go resale and purchase BWV or BCV

But then again, I think the Kidani pool and rooms might just do that.....blow me away that is....

 

[OKW Lover]

Regarding the extension program - it was offered at OKW and we took it even though we will probably expire before the contract does. We did it for the children, grandchildren and yet to come great grandchildren.

 

[calypso*a*go-go]

If you truly love the Epcot resorts...then go resale and buy either BCV or BWV. I'm in agreement with others that DVC will more than likely offer some type of extension on those contracts. If not, you'll still have the home resort advantage for the next 33 years (which in the long run will probably end up being more than enough). Definitely check out BLT and AKV first though so you'll be more comfortable with your decision. Good luck!

 

[penguins1]

I sort of have this same dilemna. I really want BLT but 160 points is not something I am comfortable paying for with the economy as it is.

Looking a BWV, I could go 50-60 points for about 1/4 of the price of BLT... pay cash and be done. Then maybe do a BLT add on later. We go every year and are supposed to be staying at the Poly (on a Bounceback) in Sept. I hate to keep "throwing" that money away and not buying into DVC. Had I only known 4-5 years ago.

 

[Mickey'sApprentice]

We have 100 BWV points. We will supplement with a newer resort later

My biggest concern is that the resell value will plummet for the 2042s about the time I get tired and decide to sell. However, I don't think we will want to sell, and do believe that we will be offered an extension.

 

[CarolAnnC]

We love DW

We have been the past three years renting points. Once at BWV, then at BCV and now next May at BWV again

We have 2 children. DD 3 and DS 4.

We would have to finance the contract and would be able to pay it off in two years, when we sell our rental house.

My question is

How do you weigh the where you want to stay (BC and BWV) aspect versuses the contract expiration advantage (AKV and BLT)?

We are waiting until our May trip to look first hand at AKV and BLT before making a purchase.

I love BWV and BCV but I love the 15 extra years that AKV can offer even more.

BLT doesnt appeal to me as much as AKV because the number of points needed for stay

Anyone else facing this quandry of buy where you want to stay versuses contract expiration date?

Not looking for answers, but more of an open discussion to the issue.

thanks

For me, there is no question. Which resort I am staying at on vacation at WDW for the rest of my life basically, is far more important than the number of years the contract runs. As others have said, I won't be around (and if I am won't be at WDW, lol) for anything past 2042 anyway. But even if I were much younger, I would still place the value on where I am staying versus how long. Quality over quantity, I guess.

As far as not buying because of the economy...well my only regret is that I did not purchase when I first viewed OKW back around 1993. I start purchasing in 1997 and have thoroughly enjoyed my many vacations. If I were still paying even the moderate resort prices, well I would definitely be no further ahead, and definitely lagging in the quality of the vacations.

Ownership does not make sense for everyone, but for many people who are spending their dollars anyway at moderates and/or deluxe resorts, well I recommend taking another look.

 

[mopee3]

We are a little older than alot of folks here on DIS I think ? Our 1st visit to the world was in 06 and waited a full year , 07, to purchase at AKV.

We live on west coast and have visted Disney Land enough to know it's nice there but doesn't compare to the World. So won't be a threat to GCV people.

Have stayed in WLV, BCV, AKV, and OKW in the year since we became members.

After spending 30 days in a year and half, 3 trips , still love AKV but would maybe add on to OKW, we love the size. We leave Feb 1 for 10 days, and am looking toward October and another 13days. Ye Haw!!

The economy is bothersome and you cannot see the future , but my biggest regret is not purchasing sooner. But then didn't know about DVC until 06 . This day in your life will never come again, that's either, or exciting.

Have fun and enjoy life!!

Mo

Did you notice I never mentioned the length of contract, just how much we enjoy WDW/DVC, of course we will be lets see maybe 100 by the time the contract dies.

 

[bangzoom6877]

We recently bought a BWV resale, 150-point contract. Here was our take on it...

-Yes, AKV and now BLT as well have a later expiration date. No, we did not want to stay at AKV and no, we would not have been able to afford BLT (which was on sale after we bought anyway). We bought where we wanted to stay on EVERY trip...BWV.

-We LOVE the Epcot area and the ability to walk to 2 theme parks. Also the ability to take a bus from DHS to any resort hotel for dining if we ever decide to fly down and not drive down (wouldn't need a car and it would not be too annoying going to another resort to eat).

-We wanted to be in the middle of everything by the Boardwalk

-We will be 65 years old in the year 2042, and our younger son will be 35!

-We will be retired for 10 years by the time this contract expires, giving us several years to enjoy it even during retirement just for the 2 of us, being able to travel off-season when it costs fewer points (we are both teachers so that is not possible until then).

-Who knows what the future will bring and where we will be in our lives in the year 2042? We bought more for the purpose of family vacations until the kids are out of high school. My little one will be graduating h.s. in the year 2025, long before this contract expires.

-Even though it will be next to impossible, if not completely impossible, to sell this membership as the year 2042 comes closer, we will have gotten more than our money's worth by the time our little one graduates high school in 2025. We will be well past the break even point at that time for what we paid. We did not buy DVC with the intention to ever sell. We bought because we want to take our kids there every other year on a nice long trip, taking it slower and enjoying the resort more and still have 6 days at the parks, but with some days in between to just relax and enjoy the pool and stuff. Makes it feel like more of a vacation rather than going commando (which we did on a 5-night trip in July) and needing a vacation when we get home from vacation!

So, due to the fact that we know we want to stay at BWV every time we go to WDW, we bought there. We would also consider an extension if they ever offer one. I would be surprised if they don't offer one at some point! We'll see if/when they do though, and how much it is. For now the 2042 expiration is okay with us! It is still 33 years away!!!

 

[DeeCee735]

We own at BW since 2000. DH just turned 50, I'm not there yet...close, but not quite yet . He'll be 83, I'll be closing in on 80 so for us it's no big deal that it will end in 42. My children will be in their early 50's, and if we're lucky enough to have grandchildren, on average they'd be in their 20's. For us this is perfect, however.....

I agree that you should buy where you love. Alot can happen in 33 years, and there's also always the possibility of adding on at a newer resort on the resale market down the line. I personally wouldn't worry so much about 33 years from now. Your kids have an awful lot of growing to do between now and then with many trips along the way. They'll grow up with it, but that doesn't mean they'll want the financial responsibility of it when it's time to leave it to them.

On another note, we did just add on at AKV, just a few points, allowing for a few nights a year to be spent there. I fell so in love with it when we stayed there this past April, so we bought 50 points. It is remote though. Gorgeous, and it definitely has enough going on right there at the resort to keep a family busy for a couple of days without needing to venture out, but remote. BWV is and always will be our favorite, the location just can't be beat.

Just my two cents....good luck with your decision and happy planning.

 

[backyardponder]

We were able to buy BWV resale for a lot less than we could have gotten into AKV. My feeling was the difference in price covered the difference in expiration dates. We also much preferred the location of BWV to AKV.

 

[hsteacher]

Why we bought at BWV instead of BLT:

We could use the DVC now - I didn't want to pay for something I couldn't use until at least Sept --I've heard they are now giving points to use now but that wasn't the case when BLT first came on the market to the public (non-DVC members at the time).

I love the Contemporary and really thought I wanted BLT but the price per point compared to resale BWV/BC wouldn't have given us enough time or a variety of ways to use the points. Resale gave us more points and BWV/BC is a great area. I dislike the bus system so much and will do everything I can to stay off it. BWV/BC gives you other opps without the bus. AKV, SSR do not and, for us, I want nothing to do with any resort that is dependent on the busses.

Extending - we expect this will be our children's decision. They will have the joy of DVC until 2042 (they're 17 and 23) and then THEY can decide what to do.

BLT -- I'm figuring that once all the hype is over, we'll be able to get in there at the 7mth window sometimes when we're lucky. What I didn't want to do was finance this and resale allowed us more points at a great resort with more points that we could use now.

 

[Buckeye Fan]

I'll be honest, I really struggled. But now that I've owned for a little while, here's what I'd ask:

1) Do you want to stay the same place most visits?
2) Will your jobs/lifestyle allow you to book 8 - 11 months in advance?

Just so you know what we did up front, we purchased both a 2054 and a 2042 resort. Our first purchase was 390 points at SSR, and then 150 at VB. We started with the SSR points because of the expiration date. So, yes, it did matter to us (more for our kids than for us, as we'll be in our early 70s in 2042 and mid 80s in 2054). However, I don't care where we stay at WDW. We really enjoy all of the resorts, and have fun trying to choose one when we book. So, a home resort advantage honestly doesn't mean that much to us. If I can't get my first choice when I book, I move on to my second choice. So far, I've had no issues at the 7 month window, with the exception of Vero Beach.

Thus, why purchase #2 happened! I know the MFs are high, but we want to do a week at the beach every year prior to going to WDW. Since we wanted to stay there annually, and I was having a hard time securing the entire week two years in a row, we purchased points so we had the advantage of the 8 - 11 month booking window.

At the end of the day, if you want to stay in the BW area most stays, then I would recommend that you buy there. If you want to stay there some stays, but wouldn't be disappointed if you couldn't, go for the extra years and lower MFs. Lastly, if you can't book 8 - 11 months in advance, then it really doesn't matter anyway. Go for the best deal with the lowest MFs.

Best of luck with your decision!!!

 

[LSchrow]

we purchased BWV's (270pts) b/c we loved the BW.
added 60 points at BCV (sight unseen; unfortunately found it didn't appeal to us & will eventually sell the contract).
added 100 at SSR, mostly b/c of the longer "life", but were happy to find we enjoyed it 2nd only to the BWVs

our only regret is not having all our points at the BWVs (after trying all the resorts, we ~ seriously ~ consider a BW view villa our "home" 2-3 times a year).
advantage is that the differing expirations will not be a huge a financial burden if we wish to extend the contracts.

like others said, if you love the BWVs, buy there.
if you don't care where you stay, look for the best price/mfs.

good luck

 

[crisi]

I agree that you should buy where you love. Alot can happen in 33 years, and there's also always the possibility of adding on at a newer resort on the resale market down the line. I personally wouldn't worry so much about 33 years from now. Your kids have an awful lot of growing to do between now and then with many trips along the way. They'll grow up with it, but that doesn't mean they'll want the financial responsibility of it when it's time to leave it to them.

At the very least, people should weight trips in the next few years heavier than the trips 33 years from now. As you said, lot can happen over that time span. A lot of DVCers who thought when I joined the DIS a mere six years ago that they were "Disney for Life" people have sold a lot of their points since I joined - some all of them. Sometimes in just changes in preference, sometimes changes in Disney (we joined pre-Dining plan, and our post-Dining plan enjoyment of WDW is much smaller), sometimes death or divorce or job loss or illness.

Other people have sold the resort they started with because they wanted BLT or AKL or something else. Who knows how many people will dump AKL contracts recently purchased if the Poly ever goes on sale.

 

[Lynne M]

I'd rather have the resort I want until 2042 than a resort I don't really care for till 2057.

Can you book vacations 8-11 months in advance? Then, in your place, I wouldn't consider purchasing anything but BCV or BWV. Those are two of the more difficult resorts to get at 7 months, and they're particularly hard to get from 10/1 through the end of the year (F&W Festival).

If you buy at AKV, but intend to try to get BCV or BWV for each trip, you'll be stressing over availability every time you try to book, or if you end up on a waitlist, wondering whether it will come through.

And who knows what happens 34 years from now? You and your family may no longer be interested in WDW trips. If you're thinking of giving the memberships to the kids, they may not want it.

 

[joeytdog]

Wow, Thanks for all the feedback guys. I have read and reread every post and in the end, I owe it to myself to at least SEE akv and blt since I have never been to either (obviously not since they have not even opened yet).

In May, akv will be opened and I can take the full tour

In the end, I will probably end up purchasing BW or BC since that is where my heart is, but who knows maybe AKV or BLT will blow me away.

I guess 15 years or so at the end of the contract should not weigh into my decision as much as I originally thought. Who knows maybe more points are down the road for me and in that case I will have ended up with 2 (or hopefully) 3 resorts

I really appreciate the feedback.

Thanks