Originally posted by anniet
It is my understanding that the points for timeshares other than Disney were just re-allocated and used to be much higher.
This is not at all accurate. Major changes were made in how the exchanges work but in general, most exchanges are around the same or higher. Studios went up a LOT, 1 BR exchanges went down in some cases, up in others. 2 BR went up in some and down in others. 3 BR exchanges went up a LOT. Exchanges within the 2 month window went up a WHOLE LOT. The reality is that under the old system, those that knew it well were a lot better off than now. What happened was it became more simple but overall, more expensive, that's the Disney way.
dbdisney, only you can decide what's best for your family. You are in a unique situation of being able to look at all options up front and decide how best to proceed. Your best option based on the current set up is to buy only the points you will use at WDW and either pay cash or use other timeshares for the other options.
First understand that the exchange system is inherrently flawed. It requires someone to give up what you want for it to be available and for you to be first in line. The order of that line is determined by trade power, not first come first served. And while many DVC members would like to think they will be first inline, that is highly unlikely as there are other properties out there as or more desireable than DVC from an II trade standpoint. That's not to say it doesn't work, it does at times. But if you want the top of the mountain, there's only room for a few people to stand.
And why would you give up 160 points for a 1 BR or 270 for a 2 BR that you could rent for a value of $5 pp and get more guarantees, more options and likely a better unit (as an example). I know a lot of people like to compare a week at DVC to a week at other resorts and assume they are around the same value. The truth is that few resorts and times of years are. There are exceptions, take the HI Marriott properties. But even most of the top Marriott's are not a comparable trade for other than high season, and I don't mean II red time, I mean prime time.
Take this scenario. Say one was looking at 350 DVC points vs 150 DVC points plus a top end, prime Marriott lockoff at West Palm Beach. Total price resale for the 350 DVC points, roughly $25000 (resale). Vs roughly $25000 for 150 DVC points plus a Platinum Ocean Pointe Lockoff. Fees about the same both ways. The former will give you 7-10 days in a 2 BR at DVC, slightly longer in a 1 BR. The latter will give you around 6 days in a 1 BR every year at DVC plus a 2 BR for a week at the beach during prime time, or 2 weeks (1 BR one week, studio the other) on the beach or 2 trade units with II which will trade just as well as the 1 BR and studio for DVC.
And if you're looking at Concierge collection,
DCL, Alaska Cruise or non DVC Disney hotels; the difference in value is magnified further. Again, everyone's situation is different so you should look at what's best for you and how you will use DVC or the other options.