New BLT info - Rumors

[jade1]

Not Me ... I'll just buy somewhere else and take my chances at 7 months.

Yep, I will take 150 BCV points on resale over 100 BLT for the same price or less-especailly with the new ressie "enhancement". Then do the occasional check at 7 months at BLT for way less. Being "stuck" at BCV would not be the worst news.

 

[hakepb]

It wouldn't shock me if Grand Californian villas, Hawaii (if it happens), and BLT (if it happens) are declared as a new DVC premier club. The prices for Grand Californian have not yet been announced, have they? That would give them three on-site resorts expiring in 2042 (and two off-site), three expiring in a middle time frame, and then three expiring later in a separate system.

What's the point of a premier club if you are not also selling a standard? It's not like DVC wants to narrow its new owner demographic in the future after Kidani sells out. Or will DVC take a more active role in ROFR and actively sell the old resorts to new customers?

 

[hakepb]

Yep, I will take 150 BCV points on resale over 100 BLT for the same price or less-especailly with the new ressie "enhancement". Then do the occasional check at 7 months at BLT for way less. Being "stuck" at BCV would not be the worst news.

Although I really, really would like staying at BLT, I agree, too big a price differential and I may, too look for a BCV or VWL resale.

 

[bethy]

Yep, I will take 150 BCV points on resale over 100 BLT for the same price or less-especailly with the new ressie "enhancement". Then do the occasional check at 7 months at BLT for way less. Being "stuck" at BCV would not be the worst news.

If there will indeed be a "premier" DVC tier of some sort that includes the likes of GCV and BLT then I wonder if there won't be some barriers to trading put into play. I wonder if a point will still be a point will still be a point . . . I"m not very familiar with the timeshare industry but I think I've read about companies that do do different tiers of timeshares.

If I'm being perfectly honest as a potential buyer one of the negatives on my list regarding DVC is whether the current quality (of existing resorts) is high enough for me for the next 50 years.

And even if so, will it be maintained sufficiently for that long?

 

[snowbunny]

The DVC demographics probably do have some big spenders left, but the numbers are dropping right now. Even the "comfortably well off" are being cautious about spending, and most of DVC's owners and would be owners are pretty much middle class. DVC is becoming more of a stretch for these folks - especially at $140+. And this is compounded when high airfare is figured in.

Totally agree with this post. Sorry people but the customer with a serious amount of money who is looking for an exclusive experience is not prepaying for 50 years of Disney vacations. DVC is marketed as an aspirational purchase....'get out of the value resorts and start living.'

 

[Off-The-Deep-End]

Sorry, didn't mean for my comment to be a teaser. If you look at my past posts, I do have some inside information...not 100% accurate, but a pretty good track record. She's not really talking right now on BLT...but the OP comments are not in-line with what she has told me. Sorry, that's about all I can say.

I will add this...heavy focus on non-WDW sites right now...but that is no surprise to you guys

Did a search and the best I could find was:

California law won't allow DVC. Seems California law requires actual ownership in timeshares (no expiration date). Technically we don't own DVC, we lease.

Yup, definately not 100%.

How about posting a link to your better rumors?

TIA!

 

[BWV Dreamin]

Totally agree with this post. Sorry people but the customer with a serious amount of money who is looking for an exclusive experience is not prepaying for 50 years of Disney vacations. DVC is marketed as an aspirational purchase....'get out of the value resorts and start living.'

Well, just how do you think the "rich" get "rich"? Your opinion of well off and what they spend their money on is irrelevent. There are plenty of people that have excess cash from whatever resources, and will spend it. With Hawaii down the road, there is going to be a market for people with this income.

 

[hakepb]

Well, just how do you think the "rich" get "rich"? Your opinion of well off and what they spend their money on is irrelevent. There are plenty of people that have excess cash from whatever resources, and will spend it. With Hawaii down the road, there is going to be a market for people with this income.

Often it is because I think they (rich) do not always spend their money on whatever the non-rich think they should. If they took everybody's "advice", most rich would quickly go bankrupt. (like many lotto winners, musicians, athletes.. unfortunately do)

 

[DVC Mike]

Despite my amazement at the rumored high price, even if it is $140 a point, I'll probably still do an add-on at BLT. Go ahead, call me crazy...

 

[BWV Dreamin]

Often it is because I think they (rich) do not always spend their money on whatever the non-rich think they should. If they took everybody's "advice", most rich would quickly go bankrupt. (like many lotto winners, musicians, athletes.. unfortunately do)

True. One example of "cash" that may have been passed down to the not so wealthy generation, is mom and pop's houses that they sold in the last 6-7 yrs. or so. Who do you think mom and pop are giving the money too? Not everybody lost in the tech bubble.....(I speak from personal experience! ). Those that have been prudent about their money have benefited. We only hear about the "mass" that had no idea what they were doing to begin with. But thats neither here nor there, you don't actually have to be in a "wealthy" class to have alot of cash.

 

[Starr W.]

Totally agree with this post. Sorry people but the customer with a serious amount of money who is looking for an exclusive experience is not prepaying for 50 years of Disney vacations. DVC is marketed as an aspirational purchase....'get out of the value resorts and start living.'

I have "serious money" (like DH doesn't have to work if he didn't want to money) and I own DVC.

 

[BWV Dreamin]

Despite my amazement at the rumored high price, even if it is $140 a point, I'll probably still do an add-on at BLT. Go ahead, call me crazy...

Can you give us your reasoning behind purchasing, other than " I can"? Are you speculating price increases in the future, is location a driving factor, will it bring higher rental premiums? Just curious!

 

[DVC Mike]

Can you give us your reasoning behind purchasing, other than " I can"? Are you speculating price increases in the future, is location a driving factor, will it bring higher rental premiums? Just curious!

Just my irrational need to own there and stay there. I want the 11-mo booking advantage, and am willing to pay for it. I want the MK view, walking to the MK, the views of Bay Lake and the Seven Seas lagoon, and monorail access. I already have enought points at BCV, BWV, VWL and AKV, so a less expensive add-on at those resorts won't interest me if BLT is announced.

I'm not saying it's the best use of my money (when I could buy more points at a less expensive resort). It's similar to why I spent 10 nights at the Grand Floridian when I could have stayed at POFQ or even just POP.

 

[snowbunny]

I have "serious money" (like DH doesn't have to work if he didn't want to money) and I own DVC.

Apparently I hit a nerve. As I said, DVC is marketed as an aspirational purchase. Aspiration is the reason a large portion of the electorate that is not statistically "rich" can be persuaded to vote against their own interests and for the interests of the wealthiest 2%.

But I digress - even if one likes to think of oneself as rich, even if by any measure you are rich, DVC is not at all exclusive (or a secret, to use the DVC marketing term). So, what I said was, the customer with a serious amount of money who is looking for an exclusive experience is not prepaying for 50 years of Disney vacations. You can disagree but you have no more data than I do to back it up.

 

[pinnocchiosdad]

So they are posting big proposed numbers of $180 per point. Yes I wanted in too, and this number took the wind out of my sails. But then I remembered: I am already a BLT owner, and so are all of you. The only difference between me and those who will pay the $180 a point pricetag is 4 months (We can all reserve there at the 7 month window).

 

[BWV Dreamin]

I'm not saying it's the best use of my money (when I could buy more points at a less expensive resort). It's similar to why I spent 10 nights at the Grand Floridian when I could have stayed at POFQ or even just POP.

You my friend, have just given the perfect example of why the points will "sell" at the elevated price range. You will not be alone!

 

[tjkraz]

It wouldn't shock me if Grand Californian villas, Hawaii (if it happens), and BLT (if it happens) are declared as a new DVC premier club. The prices for Grand Californian have not yet been announced, have they? That would give them three on-site resorts expiring in 2042 (and two off-site), three expiring in a middle time frame, and then three expiring later in a separate system.

The Sales Director in California told me last week that there are no plans to create a separate system--at least not for the Grand Californian. In fact he laughed-off the idea.

While we could argue that it's ultimately not his decision, I suspect if there were any back-room discussions occurring he would at least be privy to them and his response would have been more guarded.

 

[doconeill]

A high price per point I don't think makes sense at all. An unreasonably high point cost devalues the points themselves within the rest of the system. If I paid $140/pt for my points, I probably wouldn't use them anywhere else because my points cost more than any of the others and I'd get no advantage for the cost.

Plus, because anyone with points purchased at a lower price point can book rooms at the 7 month window, it also devalues them. I'd rather pay $100/pt and take my chances at the 7 month window.

If they also have a high point per night cost to try to equalize the value with existing points, then people buying in to BLT need to buy that many more points to cover a stay of a certain length at the high price point as well, making it even that much more expensive.

It would be far more logical to keep the price point reasonably within current levels (with a slight premium for the home resort advantage), and just have a higher point per night.

At most, I would have considered 50 points and more likely 25 at $110 (not knowing the point costs, which would be a factor). No way at $140. I'd rather get points at one of the sold out resorts instead and take my chances on the 7 month window.

 

[lisaviolet]

I have "serious money" (like DH doesn't have to work if he didn't want to money) and I own DVC.

Starr, made me night. Love it.

From a person who doesn't know what "serious money" is....yet!!!

Too funny.

 

[hakepb]

Plus, because anyone with points purchased at a lower price point can book rooms at the 7 month window, it also devalues them. I'd rather pay $100/pt and take my chances at the 7 month window.

Yes, if they sell BLT at a much higher price point, the guides better be crystal clear that you are paying a higher price point only because you want the BLT 7-11 month window. Because at 7 months and less the BLT owners will find their reservations taken by people that bought much cheaper points. At least BCV owners know that those "blasted" SSR owners paid more.