RIV Direct points - buy now or buy later

[Yankee626]

3700 points ! Wow your dues have to be in the 30K range. How often do you go with that many points ? Or the question is how often do you stay home lol ?

 

[CarolMN]

Are they still winning in January when dues are due???

Disney spread those out over 12 months

Still a huge amount to spend on Disney lodging - at least it would be for me. 3700 points * $7pp (avg dues, just a guess) = $25,900/yr or $2,158/month. (Not to mention the initial cost, which I hope isn't financed, LOL). But for those who have that kind of discretionary income, have loads of free time and love Disney, it's no doubt worth it.

 

[Robbie Cottam]

Still a huge amount to spend on Disney lodging - at least it would be for me. 3700 points * $7pp (avg dues, just a guess) = $25,900/yr or $2,158/month. (Not to mention the initial cost, which I hope isn't financed, LOL). But for those who have that kind of discretionary income, have loads of free time and love Disney, it's no doubt worth it.

It’s all relative.

For some 100k for a weekend away is ridiculous for others it’s is three weekends a month….

Personally, I plan on about 15 or 20k per week at Disney

Others think I’m crazy

Personally, if I bought 3700 points would would want the tax write offs available when financing….

So again it is all relative

 

[macman123]

I’m from the uk so tend to come for a month. But I rent enough to cover the annual dues.

the value of the points increases generally so doesn’t depreciate……

i have around 2500 resale points.

 

[mustinjourney]

PROBLEM???

I WOULD SAY YOU ARE WINNING!!

That ~$30,000 maintenance fee bill in January is going to be painful. Time to stock up on discounted Disney Gift Cards.

 

[Robbie Cottam]

That ~$30,000 maintenance fee bill in January is going to be painful. Time to stock up on discounted Disney Gift Cards.

Again it is all relative
3700 points is 100 nights give or take in a 1br….

That’s $100,000 at rack rate, or
$ 74,000 if you rent them, or
$30, 000 dollar tax write off….

Just because it is not the right decision for you, doesn’t mean it is not the right decision for others

 

[The Jackal]

Buy now and later. Your going to need to get to 4,000 points anyways.

 

[Nursemanit]

Where are you getting a tax write off?

 

[BamaGuy44]

Again it is all relative
3700 points is 100 nights give or take in a 1br….

That’s $100,000 at rack rate, or
$ 74,000 if you rent them, or
$30, 000 dollar tax write off….

Just because it is not the right decision for you, doesn’t mean it is not the right decision for others

Exactly. If you’re gonna spend 100 nights in a Deluxe, DVC is definitely the way to do it. I don’t know if I could stand that much Disney, but if I had the funds I’d give it a shot

 

[RoseGold]

That ~$30,000 maintenance fee bill in January is going to be painful. Time to stock up on discounted Disney Gift Cards.

Gonna need some friends to help with the Best Buy $50 gift cards. One per day...

 

[mustinjourney]

Again it is all relative
3700 points is 100 nights give or take in a 1br….

That’s $100,000 at rack rate, or
$ 74,000 if you rent them, or
$30, 000 dollar tax write off….

Just because it is not the right decision for you, doesn’t mean it is not the right decision for others

tax writeoff? I'm listening.

 

[mustinjourney]

Gonna need some friends to help with the Best Buy $50 gift cards. One per day...

I used to have a place that routinely had $1000 disney gift cards at 16% off -- but they appear to be going under as they are no longer delivering gift cards...yet they are still advertising them and selling them to new customers.

My guess is they are running a ponzi scheme, or were using the influx of cash to make stock investments...and while the market was killing it, they had no problems meeting their requirements. I specifically note that they started missing deliveries right around June...which correlates with sudden market downturn.

 

[pianomanzano]

I used to have a place that routinely had $1000 disney gift cards at 16% off -- but they appear to be going under as they are no longer delivering gift cards...yet they are still advertising them and selling them to new customers.

My guess is they are running a ponzi scheme, or were using the influx of cash to make stock investments...and while the market was killing it, they had no problems meeting their requirements. I specifically note that they started missing deliveries right around June...which correlates with sudden market downturn.

Bought from the same place, was able to get 5k worth of cards through them since last year. It was a great discount on dues! I figured something was up when they started offering 15k worth of giftcards for 12k.

 

[Robbie Cottam]

tax writeoff? I'm listening.

Well, im making the assumption that those points are being rented….. but even if they are used by the owner your accountant can explain how to write off deductions…

 

[macman123]

Buy now and later. Your going to need to get to 4,000 points anyways.

That’s why I’m booked on the 2023 member cruise. Poly 2 points maybe to take me to 4000

 

[theMoreDisneytheBetter]

That’s why I’m booked on the 2023 member cruise. Poly 2 points maybe to take me to 4000

Come on! Do you REALLY think you’ll wait another 2 years to hit 4,000? At the pace you are going I wouldn’t be surprised if Poly 2 got you to 5,000!!!

 

[Jaugie]

Well, I got another 200 points with the 'old' incentives.

Delayed closing for 90 days so I can see if it gets any better.

But I have Aug UY so get 2021 points.

Takes me now to 3,700. I think I have a problem.

We are planning to buy 365 points at Riviera. We plan to finance a portion but will pay off early when we sell our 200 point Poly contract.

How do you delay closing to hold out for a better deal?

 

[macman123]

We are planning to buy 365 points at Riviera. We plan to finance a portion but will pay off early when we sell our 200 point Poly contract.

How do you delay closing to hold out for a better deal?

Just ask....... The cooling off period also doesn't start until all people owners have signed the contract.

I have signed mine, but the co-owner will take another few weeks. That way you also get more time.

And the 90 days payment and delayed closing - just ask

 

[JulieBeeRN]

Yes. I'm not short of points, I have 3.500.

I had always planned on getting some Poly 2 points. I do like RIV and am very happy indeed staying there.

But will incentives get better if the economy tanks.........

You are my hero.

 

[macman123]

You are my hero.

I now have 1000 points direct - I’m sure my guide echos your comments

Doesn’t mean my application for Club 33 is any quicker though sadly !