Point increase true or fase

[froggie]

Is it true that in April to buy new points the price is going to increase to$101 per point. Also any news on any new dvc resorts being built. Not sure to wait and see if a new resort is going to open or buy points before price increase? Does anyone know when this increase is and is it going to be $101

 

[bdb7607]

Try resale - very easy through the sponsor above

 

[sajetto]

Yes there is going to be a price increase. There has been talk of a DVC at CR but it will be quite some time before opening

 

[dis-happy]

FWIW--
My guide said today that the 3/31 price increase is only to $95. pp and that's for new members only. Price increase for existing members (add-ons I guess) won't go up until the summer, June 30th IIRC.

 

[Beca]

I just heard from a friend (not from my guide) that the price increase will be:

SSR $101
VWL, BCV, BWV, $95
OKW...no price increase...it will stay at $92
HH and VB will be dropping to $87

This is interesting because it is the first time I have heard of "sold out" resorts selling at different prices.

Has anyone else heard this? Can anyone confirm this?



Beca

 

[Para2176]

I just heard from a friend (not from my guide) that the price increase will be:

SSR $101
VWL, BCV, BWV, $95
OKW...no price increase...it will stay at $92
HH and VB will be dropping to $87

This is interesting because it is the first time I have heard of "sold out" resorts selling at different prices.

Beca

Maybe they are factoring in the extra years on the new contracts at SSR.

 

[mydogdrew]

I would wait. Word is they are offering 2 AP's for 120 add-on's at the current $90 price. Why would DVC offer a new incentive just prior to increasing price? You'll be able to buy SSR for $85 soon after the increase. All the price increase does is put more pressure on DVC to exercise ROFR for SSR contracts.

 

[Daitcher]

Is it true that in April to buy new points the price is going to increase to$101 per point. Also any news on any new dvc resorts being built. Not sure to wait and see if a new resort is going to open or buy points before price increase? Does anyone know when this increase is and is it going to be $101

Yes the price is going up. Don't let that sway you. They use this tactic for just that purpose. They could raise the price to $150, who cares really. It is all about what you pay, not the asking price. They just added annual passes as an incentive for purchases over 120 points. Sales aren't going well, so hold out for a really good incentive. It will be years before SSR sells out so there is no hurry. Someone who just bought in, in January of 2006, actually paid less per point than I did in 2002 before SSR was open. Sometimes it pays to wait. Give resales through our sponsor some serious consideration. Ask yourself this: Do you want to spend the majority of your stays at SSR? If the answer is yes, fine buy there, if it is no then buy elsewhere.

I am now officially a card carrying member of the "Buy where you want to stay advice." I apologize for ever recommending otherwise. Those extrea 12 years don't look so good if you don't love your home resort.


DAVE

 

[sagwanamu]

I am now officially a card carrying member of the "Buy where you want to stay advice." I apologize for ever recommending otherwise. Those extrea 12 years don't look so good if you don't love your home resort.

"Buy where you want to stay" should be changed to "Buy the resort where you want to stay IF you plan a trip between 7-11 months ahead". Within the 7 month mark, it does not matter where you own.

 

[Simba's Mom]

Does anyone else think it's kind of sad that while BCV, VWL, and BWV are going up to $95/point, poor OKW is staying at the same price? Kind of like reminding everyone that OKW is less desirable. I know that the others are smaller resorts and supply and demand and all, but I still feel kinda bad that OKW is "left out".

 

[mydogdrew]

Sad perhaps but understandable. DVC can't ROFR OKW contracts at the same levels as BWV/BCV/VWL. There seems to be a $10 diff between resales so it does make sense. Perhaps DVC bought back too many OKW points?

 

[Daitcher]

Does anyone else think it's kind of sad that while BCV, VWL, and BWV are going up to $95/point, poor OKW is staying at the same price? Kind of like reminding everyone that OKW is less desirable. I know that the others are smaller resorts and supply and demand and all, but I still feel kinda bad that OKW is "left out".

OKW is one of my favorites so no pity here. It just makes sense. SSR will be the same way. The large DVC properties just don't have the resale appeal. Why buy the large property? You can book it any time. Owning the small sought after property seems to be the way to go. See my thread about this because I'm trying to decide.


DAVE

 

[byoung]

Will will find out soon the official price raise.

 

[JimMIA]

Sad perhaps but understandable. DVC can't ROFR OKW contracts at the same levels as BWV/BCV/VWL. There seems to be a $10 diff between resales so it does make sense. Perhaps DVC bought back too many OKW points?

IF Beca's rumor proves to be true, I'm sure this is the reason. Disney simply cannot maintain a ROFR level for OKW to keep it in the same ballpark with the smaller resorts. They just end up with too much inventory of ROFR'd points they can't unload.

People often ask the question, when will DVC prices stop their upward march and begin to decline? With the HH and VB moves -- and especially if they do the same thing with OKW -- that time is now.

I've always thought the ROFR threshholds were much more important in maintaining whatever Disney was selling new, than keeping the resale prices up. If they are selling VB at 87, they're going to be ROFRing quite a bit below that. For a lot of folks, VB at 65 resale will look much better than the Contemporary at 105. And OKW at 75 resale will look better yet.

 

[Beca]

Does anyone else think it's kind of sad that while BCV, VWL, and BWV are going up to $95/point, poor OKW is staying at the same price? Kind of like reminding everyone that OKW is less desirable. I know that the others are smaller resorts and supply and demand and all, but I still feel kinda bad that OKW is "left out".

I do think it is sad...and, I know the resorts aren't "human"....but, I feel bad for "sweet OKW"!!! That's so silly, I know....but somehow, I feel like it is being "slighted"...and, it's the resort that "started it all".

I also think DVC may "opening up a WHOLE can of worms" they don't want to open. And, I think I might better decide what my FINAL number of points I want is....if they are going to price "by demand"....I think an increase in the cost of just BCV points might be coming soon. Senecabeach was on the waitlist for what was it....13 months!!!!



Beca

 

[joepoe]

I do think it is sad...and, I know the resorts aren't "human"....but, I feel bad for "sweet OKW"!!! That's so silly, I know....but somehow, I feel like it is being "slighted"...and, it's the resort that "started it all".



Beca

For those of us who bought poor old OKW in the 50 dollar range, we are just smiling.

 

[JimMIA]

For those of us who bought poor old OKW in the 50 dollar range, we are just smiling.

If I'd bought OKW at $50, or any of the sold out resorts low -- and I was not using all of my points each year for vacations I loved -- I'd be a seller.

I think the real message of these moves on the sold out resorts is that the resale prices for those resorts are peaking. OKW, HH and VB have probably already peaked, and the others will follow someday. My guess is sooner, rather than later, because Disney is obviously re-thinking their strategy on supporting resale prices via ROFR. At some point, Disney will abandon the policy of propping up resale prices.

Another thing this tells me is Disney is having trouble renting out their DVC inventory via CRO -- in part because of the points-rental business that has grown up around DVC. I wouldn't be surprised to see the points rental area a future target of strategic re-thinking. DVC has the ability to stop points rental -- they just haven't exercised it yet.

 

[poj7]

"Buy where you want to stay" should be changed to "Buy the resort where you want to stay IF you plan a trip between 7-11 months ahead". Within the 7 month mark, it does not matter where you own.

I'd modify it further by saying, "Buy where you want to stay unless you don't mind ending up at SSR if you book within 7 months".

 

[Simba's Mom]

If I'd bought OKW at $50, or any of the sold out resorts low -- and I was not using all of my points each year for vacations I loved -- I'd be a seller.

DVC has the ability to stop points rental -- they just haven't exercised it yet.

Although neither a renter or a rentee be I, I'm curious-what could DVC do to stop point rentals? And does anyone care to speculate why they haven't done that thing (whatever it is)?

 

[brasey]

"Buy where you want to stay" should be changed to "Buy the resort where you want to stay IF you plan a trip between 7-11 months ahead". Within the 7 month mark, it does not matter where you own.

It is a no brainer for some. I bought at SSR but can travel pretty much whenever I want. Other than school vacation weeks and holidays it really probably will not matter about the 11 month window at other resorts. I think it was hard to pass up the $83 a point and 2005 points for free for the F+F promo (SSR) to pay more for a BCV or BW and also have less time. When they add more resorts who has the advantage then. People with more years. Then I will be like the people who bought into OKW early on (low $ per point)but now use all the newer resorts. It really seems like the more important issue is when you plan on going. If you go in the value seasons then get the longer contract with the promotions and enjoy staying at any resort anyway. If you travel holidays and breaks then buy into were you want to stay with little worry of not being able to book.

In 42 or 50 years who knows anyway?????