Need DVC help.......

[RoyDad]

Ok... Background, very passionate Disney fan who is married to a 10% Disney fan ha ha ha.... We also have a 8 year old boy and 5 year old girl. I have been looking into DVC for awhile, honestly we have been renting DVC points at the beach club for some years now. I have a few questions that I just need answered from people who are not selling me a product, it makes me feel better knowing your just selling me on DVC not making a commission off me.

1. I want to buy at Beach Club, but I am very scared at the fact it expires in 2042. Should I buy the same amount of points at say Copper Creek and just try to stay at the Beach Club with my points, knowing it expires in 2068. I gain that 25ish years on the purchase. BUT we want to stay at beach club 90% of the time we go, it really has me torn on the purchase of it.

2. We normally travel in May or June, is there a Use year I should stay away from or steer towards?

3. I'm looking into 150pts, will I regret not getting a little more or is that a good number? We usually travel for 1 week every other year and stay in a studio. ( I would possibly rent my points the inbetweener years, or try hard to convince my 10% er to go every year ha ha ha )

Any help is welcome, I value your opinions.... Thank you in advance and sorry for questions already asked, just need to get out of my own head.

 

[Spartan86]

1. I want to buy at Beach Club, but I am very scared at the fact it expires in 2042. Should I buy the same amount of points at say Copper Creek and just try to stay at the Beach Club with my points, knowing it expires in 2068. I gain that 25ish years on the purchase. BUT we want to stay at beach club 90% of the time we go, it really has me torn on the purchase of it.

You will often hear “buy where you want to stay”. I think it’s good advice generally although not the tack we took completely as we have a lot of schedule flexibility. But with a statement as strong as yours I’d say your desire for BCV outweighs contract end date. What happens in 2042 who knows? And buying elsewhere hoping for BCV is not a great strategy. Good luck with the decision!

 

[kilik64]

Ok... Background, very passionate Disney fan who is married to a 10% Disney fan ha ha ha.... We also have a 8 year old boy and 5 year old girl. I have been looking into DVC for awhile, honestly we have been renting DVC points at the beach club for some years now. I have a few questions that I just need answered from people who are not selling me a product, it makes me feel better knowing your just selling me on DVC not making a commission off me.

1. I want to buy at Beach Club, but I am very scared at the fact it expires in 2042. Should I buy the same amount of points at say Copper Creek and just try to stay at the Beach Club with my points, knowing it expires in 2068. I gain that 25ish years on the purchase. BUT we want to stay at beach club 90% of the time we go, it really has me torn on the purchase of it.

Moto here is buy where you want to stay and if you only want beach club, you need to buy there as it can be pretty hard to get at 7 months depending on time of year. Buying there gives you the 11 month window and makes it way easier for you to book there

2. We normally travel in May or June, is there a Use year I should stay away from or steer towards?

I would get a use year before those months, but in the long run UY might not matter that much, yes you may travel those months now, but what about 10 years from now?

3. I'm looking into 150pts, will I regret not getting a little more or is that a good number? We usually travel for 1 week every other year and stay in a studio. ( I would possibly rent my points the inbetweener years, or try hard to convince my 10% er to go every year ha ha ha )

Sounds like a good number to me, could possibly drop down to 125. Depending when you go in May and June, a week in a studio is either 114 or 127 (currently for 2022, could change some in the future). If you are going every other year, you can use bank and borrow to your advantage to save a little on the points cost.

Any help is welcome, I value your opinions.... Thank you in advance and sorry for questions already asked, just need to get out of my own head.

Answers in bold.

 

[Sandisw]

DVC is too expensive to not own where you know you want to be. You will become frustrated to have spent money on a product that has you staying elsewhere…or forced into split stays or room sizes you don’t want to just get a room there.

Buy BCV and be happy. Worry about things in 10 years on what to add to continue your membership as by then, you will have had time to try other places.

 

[havoc315]

Ok... Background, very passionate Disney fan who is married to a 10% Disney fan ha ha ha.... We also have a 8 year old boy and 5 year old girl. I have been looking into DVC for awhile, honestly we have been renting DVC points at the beach club for some years now. I have a few questions that I just need answered from people who are not selling me a product, it makes me feel better knowing your just selling me on DVC not making a commission off me.

1. I want to buy at Beach Club, but I am very scared at the fact it expires in 2042. Should I buy the same amount of points at say Copper Creek and just try to stay at the Beach Club with my points, knowing it expires in 2068. I gain that 25ish years on the purchase. BUT we want to stay at beach club 90% of the time we go, it really has me torn on the purchase of it.

2. We normally travel in May or June, is there a Use year I should stay away from or steer towards?

3. I'm looking into 150pts, will I regret not getting a little more or is that a good number? We usually travel for 1 week every other year and stay in a studio. ( I would possibly rent my points the inbetweener years, or try hard to convince my 10% er to go every year ha ha ha )

Any help is welcome, I value your opinions.... Thank you in advance and sorry for questions already asked, just need to get out of my own head.

It can be very difficult to book at Beach Club unless you own there, especially studios. So I wouldn't count on being able to use Copper Creek points at Beach Club reliably. May or June isn't a super high demand time, but still could be challenging. I wouldn't count on being able to reliably get a studio.

Depending on the price of the points, you may be much better off just continuing to rent from a financial perspective.

Beach Club resale is going for about $150 per point now.
So 150 points would be $22,500, plus about $1000 in closing costs. So $23,500. Annual dues are $7.44 per point, so $1116 per year. You have 20 years remaining. Depending on the contract, you may actually only get 19 years of use. Assuming you get 20 years of us, you would be paying $2,291 per year. Renting 150 points -- Depending, ranging from $2400 to $2900 per year. So savings aren't necessarily huge.
But if you put the $23,500 into a conservative investment, and then just withdrew every year to pay for Disney:
If you buy DVC, you are paying $1116 per year in dues. So under the investment scenario, continue to pay 1116 each year out of pocket. Then, assuming an average point rental cost of $2600, withdraw the remaining $1484 from the investment.
Under this scenario, you would still have $8000 in the bank after 20 years.
In other words, investing the $23,500 conservatively, taking the exact same vacations, ends up being $8000 cheaper buying DVC upfront at $150 per point.

 

[Marionnette]

1. If you want to consistently stay at BCV, you need to own at BCV. May June are not particularly high-demand months for DVC but getting more than a couple nights here and there at BCV will still be difficult if you don't own there.

2. The two worst UYs for May/June travel are August and September. Best UYs would be March and April. If you think your travel dates might shift to the fall, then February and December would also be bad UYs to own.

3. The number of points you need is highly dependent on the seasons you travel, length of stay, resort and type of room. With banking and borrowing, 150 points is way more than you need for an every-other-year week-long stay in a studio. Check the points charts out. They can change from year to year but they can only change so much. You can always add on more points if you want to go more often or stay in a larger villa. I don't recommend consistently having to rent out your extra points.

 

[RoseGold]

Beach Club does still make sense again cash, but it doesn't make sense mathematically against renting points. Especially as your kids are aging out of Disney and your spouse isn't on board, renting points might be a better plan.

I definitely wouldn't buy points to rent out every other year. If you're going to do that, just rent points every other year.

 

[princesscinderella]

In your case I’d definitely buy BCV if you want to stay there 90% of the time. Since the math is so close to renting I’d still buy because you are in control of the reservation and can make changes etc vs being subject to another owner’s rules. Look for a BCV contract that has some extra points that can be banked so you have some extra points to keep carrying forward for future trips instead of having to borrow. If your other half isn’t a Disney person then the 2042 expiration should be perfect to make memories with you family as your kids grow up. I’d pick a Feb, March or April UY if you mainly plan to travel in the summer with April probably being most ideal so you can get a fall trip in too if you want before the nov 30th banking deadline.

 

[RoseGold]

If your other half isn’t a Disney person then the 2042 expiration should be perfect to make memories with you family as your kids grow up.

A week at WDW is a tough sell for a spouse and teenagers who don't want to be there. And 2042 is still 20 years away. You could get a lot of vacation for the cost of WDW, even ignoring the hotel cost.

 

[gisele2]

I rented 3 times and was never able to have beach club even at 11 months . We needed a studio and a 2 bedroom villa. So maybe it is the number of points. So I am a proud owner of a 150 points BCV contract and it is enough points for us because we will go every other year. So for a studio I think 100-125 should be enough.

 

[dvc lover 1970]

Tough decision, I know to get bcv you need to have home booking priority, but with 22 years left does the cost justify the purchase? I am torn as I do own bcv, and love the resort. But since you sound like your family is young, I would not rule out 150 at RIV direct instead. RIV is a gorgeous resort and still gives you epcot area. You could also offer to do a point exchange with a bcv owner. There are probably many older bcv owners who would be willing to change with you and that would give you the 2070 expiration and the possibility of booking bcv in the 11 month window. There is a Huge downside to RIV and it has aweful resale restrictions which has kept many away myself included. So if you need to sell it you will most likely take a significant loss given the direct buy in cost. So this would make me pause and probably rule this one out. I feel to buy at RIV you have to Want RIV.
Next option is to purchase SSR AKV or OKW extended and purchase 150 points there bank the points and aim for a one bedroom every other year and rent out the extra points. You have a better chance of getting a one bedroom at the bcv than a studio or two bedroom in the 7 month window. So I do like this option given the size and age of your kids. But a couple years ago precovid it was really strange as the studios were available in the 7 month window but the one and two beds were gone.
Another option is CCV as you mentioned earlier. Love that resort too but it seems resale prices are quite high there now. But I would use the same strategy listed above. CCV gives you the 2066 expiration and a great point chart.
Last option, coming around full circle is to purchase bcv. I would start with 100 points there instead of the 150. If going every other year, bank your points and rent out the extra. I am assuming you are buying resale. I would consider this option or the second option. However given your family's preference of BCV I think I lean towards this option. I am assuming you are buying resale. I think I lean toward this option. The 100 point contract will always be easier to sell if your family decides dvc is not for them. But since you have rented the past few years it sounds like dvc is for you.

 

[defrogger]

I kind of just went through what your going through. I just bought Boardwalk 4 months ago and i was worried about the 20 year expiration. I was debating on Saratoga or BW. Saratoga for cheap points, but i took everyones advice on stay were you want to stay and bought BW. Ive only been in the system a couple months but it is really hard to book studios at 7 months at BW and looks even harder at Beach Club. Which is exactly what everyone said.

The 20 year expiration means your paying more to stay at BC, so as someone noted above your paying roughly $2300 per year to stay, were at Copper Creek your paying roughly $1700 a year because the contract is for over 40 years.
I was ok with that when i purchased boardwalk, i was paying more to stay where i wanted.
My plan is to not resell it so im not worried about the resale value, dont get me wrong life happens and that can change. But how long you think you will use DVC should be considered. I think BC will still have value in lets say 10 years, but after that it might decline faster as it doesnt have many years left, were Copper Creek will most likley hold its value for a long time.
We plan on using for 20 years so i wasnt worried

I thought about renting points instead of buying, but just my opinion, i think the rental market is going to go up faster then annual dues are.
Im kicking myself as me and my wife were looking at DVC back in 2013. Back then we were comparing it to Moderate resorts and there wasnt that much savings in comparison. But back then you could get really good deals on Moderate resorts, around $170/n. Not anymore. So i think the rental market is going to tick up faster then dues.

On another note, one thing i might kicck myself over later on is if we start staying in 1 Bedrooms instead of studios. The penny pincher in me says i wont want to spend that many points on a 1 Bedroom, but i wouldnt be suprised in 4 years i switch. I mention this as 1 Bedrooms seem to be available at the 7 month window at BW, BC and other resorts. So when i do the math, getting cheap Saratoga points would of worked out better for 1 Bedrooms. But for now we are a studio family.

 

[havoc315]

Tough decision, I know to get bcv you need to have home booking priority, but with 22 years left does the cost justify the purchase?

It's not 22 years. Expiration is January 30, 2042. So it's 20 years and 5 months. Then factor in time to close in a re-sale contract... it's really only 20 years.

 

[sndral]

Take a look at post #5 in this thread & note that getting a BCV studio in May/June at 7 months is a problem https://www.disboards.com/threads/p...-bd-charts-september-2019-2-bd-added.3689931/
I suspect availability has become even more challenging than it was when the data was collected in 2018. BCV is small and very popular, people who own there tend to stay there. Studios are very popular because people can stretch their points by opting for them.
Even continuing to rent points from others may have problems since you’ll need to find an owner of BCV points willing to rent to you in the 11 month window. As more folks have ventured into renting DVC points for their stays demand for those points has gone up, especially for smaller resorts like BCV, so renting out your excess points near term could work, assuming we don’t have another 2020. However, although studios work for you now, I suspect that in 5 years when your daughter is age 10 and your son age 13 a studio will start feeling cramped. W/ 150 points and an every other year schedule you’ll be able to book a week long stay in a 1 br., perhaps even a 2 br..
At least in 20 years when BCV expires you’ll know whether you’ve raised lifelong Disney kids and converted your 10% spouse & need to re-up on DVC or not.

 

[dvc lover 1970]

One more thing I want to add. After thinking about this I lean towards the 100 point BCV contract. This gives you flexibility to book a studio or onebedroom every other year. If you decide you want a onebedroom every other year and need to add on 50 more points I would add on 50 points at SSR because it is much easier to waitlist one or two days than an entire week. I have always had my waitlists filled for one day of put in far enough in advance. Hope this helps!

 

[DVCanadian]

In your case it looks expensive to buy.
Using the numbers from a previous poster of a $24,500 buy in and then dues of $1100 for 20 years ($22,000). You total is $45,000.
The dues go up every year so it will be more that $45,000.

Renting 150 points, even at the high end of $20 per point for 10 visits (you indicated you would go every other year) is $30,000.

So at least $15,000 more to own.

Rent those points every other year and you decrease your cost of ownership. It is fairly easy to rent but can be time consuming.

Renting 8 times even for $15 pp would bring in $18,000.
Saving you $3000.

I say buy the 150 at beach club (20 years might be just long enough) and bank and borrow to stay in a 1 bedroom every other year. I bet your 10%er spouse would like a 1 bedroom more and 1 bedrooms are easier to book.

good luck ☮

 

[RoyDad]

Thank you everyone!!!! Proud to report after talking to my wife...... drum roll pleaseeee

Waiting on First Right Of Refusal from Disney on 150 points at the Beach club.....

Welcome home!!

 

[RoseGold]

Welcome Home!

For what it matters, I don’t see BC/BW dropping off linearly. I can totally see heavy demand in 10 years for starter contracts at BC/BW, especially when RIV 2 charts and points are out of control. Not everyone wants to commit that much money or time to DVC.

A BC 1BR is one of the best on property. Almost enough for me to pay more for the points.

 

[dvc lover 1970]

Congratulations!! BCV is a fanstastic resort and the point chart there is completely reasonable. You will never have a hard time renting out points there as those points are always in demand. I also do not see the prices dropping off there in the next 10 years. now you can put the money you spent renting points into your own vacation! Welcome Home!

 

[Ronaldo17]

Congratulations! You have made the right decision IMO.