Option probably discussed before

[Skip to my Lou]

Sorry if this has been brought up before or is taboo but....

If you're going to be visiting Disney at low seasons, wouldn't be better off buying HHI ($63) or VB ($60) resales at the much lower $$ per point, and using those points at the 7 month window for booking??

Maybe the dues are so high at those two that over the course of 30+ years that it puts it closer to the $96 that DVC wants for add ons at BWV, BCV, AKV, etc.

Mind you I own at SSR and BCV, but I was just wondering what the thoughts were of all of the veterans out there.

 

[wildernessDad]

Check out the dues for VB. The dues will far outstrip the price you paid for it.

 

[DisDaydreamer]

Check out the dues for VB. The dues will far outstrip the price you paid for it.

Year OKW BWV VB VB(sub) HH VWL BCV SSR AKV

2008 4.56 5.04 6.04 4.71 5.16 4.87 4.80 4.21 4.71
2007 4.40 4.85 5.63 4.39 4.98 4.73 4.63 4.12 4.62
2006 4.24 4.69 5.27 4.12 4.34 4.61 4.48 3.98
2005 3.86 4.41 4.87 3.84 3.86 4.35 4.27 3.83
2004 3.68 4.25 4.67 3.67 3.70 4.22 4.18 3.80
2003 3.49 4.11 4.37 4.37 3.69 4.05 3.97
2002 3.22 3.92 4.17 3.33 3.49 3.80 3.77
2001 3.13 3.83 3.98 2.70 3.32 3.63
2000 3.16 3.94 4.07 2.87 3.25 3.62
1999 3.16 4.02 3.99 2.82 3.18
1998 3.17 3.94 ---- 2.76 3.20
1997 3.14 3.84 ---- 2.90 3.16
1996 2.99 3.70 ---- 2.82 3.16
1995 2.84
1994 2.70
1993 2.63
1992 2.56
1991 2.51

 

[Grandbuddy]

Year OKW BWV VB VB(sub) HH VWL BCV SSR AKV

2008 4.56 5.04 6.04 4.71 5.16 4.87 4.80 4.21 4.71
2007 4.40 4.85 5.63 4.39 4.98 4.73 4.63 4.12 4.62
2006 4.24 4.69 5.27 4.12 4.34 4.61 4.48 3.98
2005 3.86 4.41 4.87 3.84 3.86 4.35 4.27 3.83
2004 3.68 4.25 4.67 3.67 3.70 4.22 4.18 3.80
2003 3.49 4.11 4.37 4.37 3.69 4.05 3.97
2002 3.22 3.92 4.17 3.33 3.49 3.80 3.77
2001 3.13 3.83 3.98 2.70 3.32 3.63
2000 3.16 3.94 4.07 2.87 3.25 3.62
1999 3.16 4.02 3.99 2.82 3.18
1998 3.17 3.94 ---- 2.76 3.20
1997 3.14 3.84 ---- 2.90 3.16
1996 2.99 3.70 ---- 2.82 3.16
1995 2.84
1994 2.70
1993 2.63
1992 2.56
1991 2.51

Nearly six days! Stay strong.

 

[Dean]

Sorry if this has been brought up before or is taboo but....

If you're going to be visiting Disney at low seasons, wouldn't be better off buying HHI ($63) or VB ($60) resales at the much lower $$ per point, and using those points at the 7 month window for booking??

Maybe the dues are so high at those two that over the course of 30+ years that it puts it closer to the $96 that DVC wants for add ons at BWV, BCV, AKV, etc.

Mind you I own at SSR and BCV, but I was just wondering what the thoughts were of all of the veterans out there.

IMO both would be a poor choice as stated, to visit WDW. While the higher long term cost at VB is easy to demonstrate, I actually think that HH will be as or more expensive long term. OTOH, if one doesn't care which resort they stat at for WDW AND will use the other resort (HH or VB) part of the time, it can be a good choice for many. One caveat is that SOME VB contracts do have a lower maint fees and finding one that was a good buy otherwise could twist the scenario quite a bit. One would still need to be able to plan at the 7 month window and likely call day by day for most options. If one can't plan at or close to the 7 month window, I wouldn't buy DVC at all.

 

[bluenosemickey]

Just curious, but what is VB(sub) category? Are they original VB contracts? Or are your rooms restricted for booking there if you buy a contract with this category?

Thanks

 

[bobbiwoz]

Just curious, but what is VB(sub) category? Are they original VB contracts? Or are your rooms restricted for booking there if you buy a contract with this category?

Thanks

VB was supposed to be a much larger resort, and the people who bought in when the plans were for the larger resort get their dues subsidized. Once the current numbers were settled on, people "knew" the size of the resort, and no help was given toward the fees. The original owners expected the maintenance fees to be divided by a larger number of owners.

Bobbi

 

[Brian Noble]

I think OKW would be a better purchase. A typical OKW resale might go for $75ish, a typical VB might go for $60. But, at a 7% opportunity cost (the long term rate of return on the S&P 500, after tax) the annual difference between them is about $15*7%, or $1.05. This is less than the difference between VB and OKW dues, making OKW the better deal. Plus, as an OKW owner you'd be able to book 11 months at WDW, rather than hoping for a 7-month availability. The margin on a HH vs. OKW contract is about $12*7%, or $0.84---that's darn close to the spread on HH vs. OKW dues, and so again the OKW position on property seems to give it the edge.