PVB-SAP+?

[hhisc16]

So I am looking at the WDW direct options for a 25 point add on.

I am looking for the longest contract without resale restrictions.

It appears that PVB may be the winner for SAP+ points.

235 per point with 2066 expiration (41 years)= 5.7 per year

Low dues (7.93)

What am I missing?

 

[maui22]

CCV is the last resort without resale restrictions. It will expire in 2068.
However, it's not the lowest dues. $8.49 vs PVB $7.93. Whether the dues will always be like this is anyone's guess.

IIRC, when CCV was first rolled out, it's dues were shockingly high. However, they have been climbing at a slower percentage rate.

There seems to have been a shift in DVD policies that happened around the time of CCV. Prior to CCV, new resorts seemed to always have really low dues. (Perhaps to benefit marketing? Or coincidence?) Dues would rise once resorts sold out. Since CCV, I believe the trend has been higher dues initially, but they rise much slower (even after sold out).

Here is an article by @tjkraz showing historical dues trends (written January 29, 2024 so it's a 14 months old).
https://dvcnews.com/dvc-program-menu/financial/annual-dues-by-resort
Notice the last four resorts

• CCV started as second highest behind only VB
• RIV started as third highest behind only VB and HHI.
• VDH started as fifth highest behind VB, VB(s), OKW, and AUL.
• CFW started as second highest behind only VB.

I believe @ehh did a breakdown of resorts, dues, and their trend to show which resorts appear to be better values based on price.

 

[scottiesumms]

CV is the last resort without resale restrictions. It will expire in 2068.

I'm just weary of the long-term viability of CCV as SAP when the resorts expire behind it. After 2042 and when SSR is gone, a small CCV add on will face increasingly difficult booking competition with the available O14 resorts, even with banking and borrowing. Plus the last 2 years when you can only book CCV since there will no other resorts to trade into.

I looked at CCV for a hot minute, but I chose not to buy due to the end of contract uncertainty coupled with increased booking competition. Not saying its a bad buy, but you would definitely want enough points to book the kind of trip you're interested in versus adding on a 25 pointer.

ETA: missed the part about buying direct (oops!) but still will face competition from resale buyers who will be increasingly locked into booking CCV.

I'm going back to being a forum lurker now

 

[byurick]

Pretty sure CCV is a 50 point min buy not 25 direct

 

[hhisc16]

CCV is the last resort without resale restrictions. It will expire in 2068.
However, it's not the lowest dues. $8.49 vs PVB $7.93. Whether the dues will always be like this is anyone's guess.

IIRC, when CCV was first rolled out, it's dues were shockingly high. However, they have been climbing at a slower percentage rate.

There seems to have been a shift in DVD policies that happened around the time of CCV. Prior to CCV, new resorts seemed to always have really low dues. (Perhaps to benefit marketing? Or coincidence?) Dues would rise once resorts sold out. Since CCV, I believe the trend has been higher dues initially, but they rise much slower (even after sold out).

Here is an article by @tjkraz showing historical dues trends (written January 29, 2024 so it's a 14 months old).
https://dvcnews.com/dvc-program-menu/financial/annual-dues-by-resort
Notice the last four resorts

• CCV started as second highest behind only VB
• RIV started as third highest behind only VB and HHI.
• VDH started as fifth highest behind VB, VB(s), OKW, and AUL.
• CFW started as second highest behind only VB.

I believe @ehh did a breakdown of resorts, dues, and their trend to show which resorts appear to be better values based on price.

I tried to buy CCV for 25 points on three occasions with three different guides. All were told no by the contract people.
CCV is my first choice, but they will not budge on the 50 minimum.

 

[hhisc16]

Pretty sure CCV is a 50 point min buy not 25 direct

Correct.
Based on my three experiences, DVC is firm with the 50 points for CCV.

 

[byurick]

I can understand CCV being 50 min when it was brand new but now it's just silly. I bet they'd get a lot more direct sales if you could do 25.

Back to the thread, I'm in the same boat as you. I keep going back to PVB instead of RIV (also a 50pt min) when I break things down. Not sure there's any other resort that makes sense under you criteria.

 

[lmf77]

I agree. 235/41 years = 5.73 + 7.93 dues = $13.66. That comes out better than some resale price per year per points that I've calculated. And it comes out better than RIV because its dues are over $1 more. However, we can't predict future dues costs. But I think the high point costs per room will help keep PVB dues lower than some of the older resorts. I don't know why RIVs dues are $1 more though. I feel like their dues are higher than they should be.

 

[maui22]

I found the thread @ehh posted regarding economical resorts based on resale prices and dues with increases. This is one of the best breakdowns I have seen.

https://www.disboards.com/threads/most-economical-resort-beyond-year-1.3950476/

 

[disneylandtour]

I agree. 235/41 years = 5.73 + 7.93 dues = $13.66. That comes out better than some resale price per year per points that I've calculated. And it comes out better than RIV because its dues are over $1 more. However, we can't predict future dues costs. But I think the high point costs per room will help keep PVB dues lower than some of the older resorts. I don't know why RIVs dues are $1 more though. I feel like their dues are higher than they should be.

A resale contract at BLT beats this, easily. If these are true SAP points, location shouldn't matter that much. True, BLT is 2060, not 2066. But I've seen at least three 30 point or under contracts filter through the resellers this past month, with prices around $130pp. I'll admit, that's a high number for contracts so small. But they're around.

 

[lmf77]

Yes. I've calculated BLT resale to be about $134 per point (some people do find better deals, but this was the posted average by one of the resale companies)/ 35 years + 8.015 dues = $11.844 per point for this year.

The poster seemed to be asking about RIV vrs PVB direct which is why I didn't mention it. I suspect they might want to be able to book new resorts. I want to book new resorts so I've bought direct points, but I would consider BLT resale if I decide that I want the 11 month booking there.

 

[byurick]

OP wants direct points for those that didn't read the first post fully.

 

[DonkeyHoTay]

So I am looking at the WDW direct options for a 25 point add on.
I am looking for the longest contract without resale restrictions.
It appears that PVB may be the winner for SAP+ points.
235 per point with 2066 expiration (41 years)= 5.7 per year
Low dues (7.93)
What am I missing?

I don't think you're missing anything. For direct, PVB is the way to go imho but for me it's also due to another reason not on your list - PVB is easier to sell without the use restrictions like RIV/VDH/CFW.

 

[Tatebeck]

I am just confused why the OP wants this small contract to be direct points so badly. 25 direct points isn't much and won't qualify for any benefits. A small resale contract at Poly, BLT, CCV, etc would also be long lasting SAP+ and will be much cheaper and would take less of a hit if resold in the future (which I am assuming they might do since they want direct points without resale restrictions)

I guess it would make sense if they were just a few points away from direct benefits, otherwise 25 direct points won't do much for future restricted resort stays.

 

[atthebeachclub]

I am just confused why the OP wants this small contract to be direct points so badly. 25 direct points isn't much and won't qualify for any benefits. A small resale contract at Poly, BLT, CCV, etc would also be long lasting SAP+ and will be much cheaper and would take less of a hit if resold in the future (which I am assuming they might do since they want direct points without resale restrictions)

I guess it would make sense if they were just a few points away from direct benefits, otherwise 25 direct points won't do much for future restricted resort stays.

I can see it if you want 1 or 2 days at VDH or Riviera every three years or so…but otherwise doesn’t seem very useful.

 

[Steelers0854]

I am just confused why the OP wants this small contract to be direct points so badly. 25 direct points isn't much and won't qualify for any benefits. A small resale contract at Poly, BLT, CCV, etc would also be long lasting SAP+ and will be much cheaper and would take less of a hit if resold in the future (which I am assuming they might do since they want direct points without resale restrictions)

I guess it would make sense if they were just a few points away from direct benefits, otherwise 25 direct points won't do much for future restricted resort stays.

You’re assuming they don’t want to use these points at new resorts. If they want to ensure they don’t have to worry about using these points anywhere they want it makes sense. Also makes sense if they have done the math and want to use them for a specific room types at times of year and maybe all they need is 25.

 

[Tatebeck]

You’re assuming they don’t want to use these points at new resorts. If they want to ensure they don’t have to worry about using these points anywhere they want it makes sense. Also makes sense if they have done the math and want to use them for a specific room types at times of year and maybe all they need is 25.

That's got to be the reason as it's the only thing that would make a decent amount of sense to me. But 25 is just so few points, especially when newer DVC locations usually have higher point charts, and affordable studios are usually the hardest rooms to get at a resort at 7 months unless they are heavily weighted towards studios

 

[byurick]

Its easier to pay off a small direct contract 25pts at a time, not all of us have $30k to drop on a big contract.

 

[LittleBitGoofy]

I bought a 60-pt direct PVB few months ago because the cost difference between a small resale and small direct was, well, also small. At least small enough that I decided the extra future portability to all resorts was of value for us. And we got to pay it off in 4 chunks (deposit plus the 3 split payments).

With 25 points you could bank and borrow and have several days there in a studio every few years. I could see a decent practical use for an add-on like that. Or maybe it's to put someone up to enough points as an add-on to get the 2bd vs 1bd?

 

[hhisc16]

I am just confused why the OP wants this small contract to be direct points so badly. 25 direct points isn't much and won't qualify for any benefits. A small resale contract at Poly, BLT, CCV, etc would also be long lasting SAP+ and will be much cheaper and would take less of a hit if resold in the future (which I am assuming they might do since they want direct points without resale restrictions)

I guess it would make sense if they were just a few points away from direct benefits, otherwise 25 direct points won't do much for future restricted resort stays.

I have two use years. (Oct and Dec)
I sold my resale Oct and will keep my direct Oct.
I am selling my resale Dec and am funding this 25 point direct.
My goal is to "future proof" with this small direct to retain two use years. (transfer/OTU purposes)