I am trying to convince my husband of the value in purchasing BCV now, and am thinking that it is likely the value of the BCV and BWV could go up significantly after the expansion is complete at Hollywood Studios. Anyone else hearing this or thinking this that has more experience with the DVC market?
Well, probably not a good comparison, since
DVC is NOT an investment.
For me, the limited term is an advantage. Don't think I am alone.
The original poster is speculating that the value of BCV and BWV will go up SIGNIFICANTLY after HS expansion and as much as I agree that timeshares are NOT investments, the implication is that the original poster is speculating that the value will go up and that in essence is investment talk.
On the other hand, if the question was phrased as - "is BCV/BWV worth $100pp for the next 24 years as a form of pre-paid vacations", then it would be more appropriate than speculating that one reason to buy now is that the value will go up (investment talk) in the future after HS expansion.
Only "offwales" can clarify on the specifics of their question, but it is an "investment fact" that in 2042 the values of BCV and BWV will be $0 and that is a significant decrease in price as compared to today as the initial purchase price will be a 100% gone. On the other hand, 24 years of enjoyment at BCV/BWV is definitely better than paying Disney for a room rental.
Also, the current annual dues of $6.27 plus the $4.17 depreciated cost of a purchase ($100pp divided by 24 years left) = $10.44 per point.
Thus, if you can rent BCV points for around $11-12pp, then it may be better to NOT buy and simply rent. If you do buy, there are many advantages as you will control your own destiny and the entire process, but the savings vs renting is not huge. Also, as an owner, you must use 100% of your points to maximize value as any wasted unused points is an automatic $10.44 loss per point per year.
For the record, I LOVE DVC, but am simply chiming in on a question that someone is considering buying now as they think the prices may go up in the future and that is probably not the best reason to buy. If they love BCV/BWV and intend to use it, then go for it and try to use every point to maximize your "vacation investment"