Question about VB add on pricing and net price logic

[jaysue]

DVC is offering some DEC UY points from 2003 at $84 less $10 credit for $74 (they offer another $5 off for giving back first year pts but do not want to do that)- now would I be correct in calculating the cost of this contract (trying to compare to resale) as:

$84 less $10 credit for $74.00

Get Dec 03 points - in essence bankable without paying any mtce fees for them - so would that be sort of like a $4.37 (2003 mtce fees) discount? for $69.63

Unless seller pays closing fees, then I would need to apply the closing fees cost as well of appx $500 against the 162 pts I am thinking of adding on or $3.09

for a net price of $66.54 per point

Am I missing something in the logic above

thanks!
jaysue

 

[mbhoxsie]

If DVC is doing the selling, aren't they covering the closing costs?

 

[jaysue]

Yes they do - perhaps I was not clear - I was trying to compare the DVC price to a resale price and as such I "deducted" the closing costs from the DVC price to try and get to apples to apples

thanks
jaysue

 

[mydogdrew]

I think we touched base on this previously but I would go with the 170 pt $58 resale with 2002 banked points unless you are really concerned about the 2 UY's. Add $3 for closing cost and deduct $10 for the 2002 points you can sell and you are down to $51 vs. $74. That's quite a spread (assuming you don't reimburse seller for 2002-2003 dues). If you really want VB then take advantage of the fact there is not a lot of demand with large supply. Disney is still selling so not likely to match ROFR. One question I have is if you buy an old VB contract with the lower dues, will you continue to get the benefit of that? If so, then this is also well worth considering.