Purchase Plan: Thoughts?

[TexasEric]

I have been reading and lurking for some time and have decided to make a purchase. I would love your thoughts on this approach, please... The family is pretty set on BWV. I am thinking of buying 75-100 points resale with a target of August/September UY since we go most often in Oct-Dec. After I make that purchase, I am thinking to buy 100 points also at BWV directly from Disney. The goal being to get them to give me the same UY. I would get the benefits of having a Blue card along with points that can be combined to get the 11 month reservation benefit, while saving a few bucks in the process. A big part/question would be making sure Disney will give me the same UY.

Any thoughts, good, bad, or ugly on this plan?

Thanks!
TE

 

[Sandisw]

Yes, Disney will give you the same UY. The things with sold out resorts is that it may take them time to have them to sell to you,

 

[TexasEric]

Yes, Disney will give you the same UY. The things with sold out resorts is that it may take them time to have them to sell to you,

Thanks for confirming!! Overall, is this a good plan? Anything I am really missing?

 

[macman123]

I echo above. Disney only has so many points per Resort. So if they sell out a Resort you have to wait until they take some back under the first right of refusal.......

 

[Marionnette]

I have been reading and lurking for some time and have decided to make a purchase. I would love your thoughts on this approach, please... The family is pretty set on BWV. I am thinking of buying 75-100 points resale with a target of August/September UY since we go most often in Oct-Dec. After I make that purchase, I am thinking to buy 100 points also at BWV directly from Disney. The goal being to get them to give me the same UY. I would get the benefits of having a Blue card along with points that can be combined to get the 11 month reservation benefit, while saving a few bucks in the process. A big part/question would be making sure Disney will give me the same UY.

Any thoughts, good, bad, or ugly on this plan?

Thanks!
TE

I would have a difficult time swallowing that direct price for BWV ($190/pt). As much as I love the resort - I have 5 resale contracts there - I cannot justify spending that kind of money for a 2042 resort when RIV is selling at $195/pt. with lots of purchase incentives and has a 2070 expiration date. Even BRV (also a 2042 resort) @$176/pt. is a better deal, or OKW @$156/pt. direct and a 2053 expiration makes more sense if you’re buying direct.

However, I understand the love for BWV. If the cost per point over the lifetime of the contract is not a consideration, then your plan works.

 

[Sandisw]

Yes, Disney will give you the same UY. The things with sold out resorts is that it may take them time to have them to sell to you,

The biggest benefit of direct points is the AP discount. If this is something you can use, then the about $8k it will cost you to buy those 100 points direct vs resale, is a good strategy,

Those 100 points will also allow you stay at RIV and any future resorts so that would be a good thing is that interests you.

 

[4luv2cdisney]

The biggest benefit of direct points is the AP discount. If this is something you can use, then the about $8k it will cost you to buy those 100 points direct vs resale, is a good strategy,

Those 100 points will also allow you stay at RIV and any future resorts so that would be a good thing is that interests you.

I agree.

Also, I personally like having smaller contracts (2 x 100) vs 200.

I'd recommend going for 100 resale if you can swing it, because your price per point will be lower. For some reason small contracts (under 100 points) usually sell for quite a premium. At 100 points, the difference isn't has huge.

I almost disagreed with the above posters $8K estimate as a cost for this plan, but because you can probably snag 200 points on resale for a good bit less per point and only have 1 set of closing costs.... It probably is 8K.

 

[TexasEric]

However, I understand the love for BWV. If the cost per point over the lifetime of the contract is not a consideration, then your plan works.

Yes. The direct price is very high, but the family really likes BWV. I am hoping that the resale part helps to offset the overall costs.

Also, I personally like having smaller contracts (2 x 100) vs 200.

I'd recommend going for 100 resale if you can swing it, because your price per point will be lower. For some reason small contracts (under 100 points) usually sell for quite a premium. At 100 points, the difference isn't has huge.

I like the idea of two smaller ones as well. I am really hoping to get the resale at a great price while ROFR is still not heavily forced.

 

[4luv2cdisney]

Yes. The direct price is very high, but the family really likes BWV. I am hoping that the resale part helps to offset the overall costs.



I like the idea of two smaller ones as well. I am really hoping to get the resale at a great price while ROFR is still not heavily forced.

If it helps, we paid $165 / point direct for BWV in 2017 (first trip on the points was 2018) and we don't regret it at all. It's a fantastic resort. Every one of us loves it. We've gotten 2 trips on our small contract (standard rooms). I know you can't count on it, but what a fantastic bargain when it happens. Those rooms are priced like OKW and SSR standard. We are staying at BWV for what we were paying for mods. I don't care if other people got a better deal by buying a resort with a later end date. Maybe we overpaid for our points and our contract won't be worth what others will be in 10 years, but we are super happy with our decision. With our APs and discounts that we would not have otherwise had, we have already made up a large chunk of the "premium" we paid for direct.

Now we're off to find a second home resort! Walking to 2 parks has spoiled us. We want to do the 1st 3-4 nights at BWV while we get our HS / Epcot fix and then switch to BLT or SSR for 2-3 nights to walk to DS or MK. Limiting bus rides has become essential!

 

[CarolMN]

Yes. The direct price is very high, but the family really likes BWV. I am hoping that the resale part helps to offset the overall costs...........(snip)......

Don't let anyone talk you out of BWV if that is where your heart belongs. (Full disclosure: I am a very happy, long-term BWV owner). The good feelings one gets after getting a "good deal" soon evaporate if you are "stuck" somewhere besides your preferred vacation home.

FWIW, the 2042 expiration date is a plus for those who don't want a "forever" or even a 50 year commitment, and don't want to leave their heirs a financial obligation that they may not be able to afford.

Good luck with your decision. I have never regretted mine.

 

[Deb & Bill]

What do you hope to gain by buying points direct from Disney?

 

[TexasEric]

What do you hope to gain by buying points direct from Disney?

The benefits of having a blue card...discounts, DVC only evenings, etc...

How about a slightly different approach... what if I bought a small resale contract, and then went to Disney directly and added on 100 points... would that get me the blue card and all it’s benefits??

 

[CastAStone]

How about a slightly different approach... what if I bought a small resale contract, and then went to Disney directly and added on 100 points... would that get me the blue card and all it’s benefits??

Yes. But it’s not really a different approach that I can tell.

 

[Marionnette]

The benefits of having a blue card...discounts, DVC only evenings, etc...

How about a slightly different approach... what if I bought a small resale contract, and then went to Disney directly and added on 100 points... would that get me the blue card and all it’s benefits??

I would not make a direct purchase based on benefits that can be revoked at any time, or so limited in access as to make it virtually impossible to take advantage of. The only thing a direct purchase guarantees you is the ability to use your points at all resorts whereas a resale purchase limits you to the L14 (or just RIV, if that’s where you buy resale), exchange your points into the Disney Collection, or use on a Disney cruise. The discounts, owners lounge and special nighttime events could end at any time.

Buying a minimum of 100 direct points will get you your coveted blue card. But as @CastAStone pointed out, I fail to see how this new idea is different from your original strategy. It’s not as if there are a lot of “small” BWV resale contracts out there and your original plan was already targeting smaller contracts.

 

[TexasEric]

Yes. But it’s not really a different approach that I can tell.

I may be describing the same thing and not realizing it... my first approach was two different small contracts, my second was one small contract and then adding onto it to make it bigger. Are those different in Disney’s eyes?

 

[CastAStone]

I may be describing the same thing and not realizing it... my first approach was two different small contracts, my second was one small contract and then adding onto it to make it bigger. Are those different in Disney’s eyes?

Maybe one of the more experienced posters can correct me if I'm wrong, but I don't think you can really "add on" to an existing contract. You can "add on" to your membership with the purchase of a second contract that has the same UY for the same resort, but they will always be 2 separate contracts, because they are 2 different real estate interests.

 

[Marionnette]

I may be describing the same thing and not realizing it... my first approach was two different small contracts, my second was one small contract and then adding onto it to make it bigger. Are those different in Disney’s eyes?

Your original plan was 75-100 points resale + 100 points direct at BWV. What’s the new plan?

 

[TexasEric]

Maybe one of the more experienced posters can correct me if I'm wrong, but I don't think you can really "add on" to an existing contract. You can "add on" to your membership with the purchase of a second contract that has the same UY for the same resort, but they will always be 2 separate contracts, because they are 2 different real estate interests.

Ahhh... so an “add-on” is not really making an existing contract bigger, but just buying a second interest that aligns with the first. I was missing that point. Thank you!!

 

[Sandisw]

Ahhh... so an “add-on” is not really making an existing contract bigger, but just buying a second interest that aligns with the first. I was missing that point. Thank you!!

Yes, contracts never change, Only what is in your membership, So, as long as they are the same resort and UY, titled the same way, they will function as though you have one large contract, but will remain individual.

If you buy some points resale and some points direct, only the direct points would be usable at new resorts and be eligible for the blue card,

If you ever sold that contract, then the blue card benefits go away.

 

[Lumpy1106]

You plan is good. You want smaller contracts because if you ever want/need to sell, you'll get a better price, and you won't have to sell everything. BWV - just be sure you are OK with the 2042 end date. It scared us away, otherwise that would have been my choice too.