Riveira and Boardwalk

[tom1944]

I could see my wife and I going for a week and going to zero or one park at most

Different story when granddaughter is with us

 

[sethschroeder]

BWV still has a couple years left before it really starts to see some reduction in value because of time left.

20 years is still a WDW lifetime to many. When it starts to be 10-15 then more people will actively think about what will they do for Disney after the contract expires.

 

[Sandisw]

BWV still has a couple years left before it really starts to see some reduction in value because of time left.

20 years is still a WDW lifetime to many. When it starts to be 10-15 then more people will actively think about what will they do for Disney after the contract expires.

Just to clarify, it’s less than 19 years that will left by the time someone can buy and have access.

 

[Unclelude]

I could see my wife and I going for a week and going to zero or one park at most

Different story when granddaughter is with us

We just did exactly that!... Split stay. One day in Epcot. It was fantastic!

 

[Craho]

I love BWV and even though we are not in the market to add more points, I would still buy BWV today if I were. (That's assuming it would still work out to be less expensive than paying Disney discounted cash stays and assuming annual passes are still available to purchase. This last is a very important factor in any purchase decision we would make).

The BW location cannot be beat - transportation options are arguably the best on property, and the point chart cannot be beat. Once the refurb (scheduled for 2023), the rooms will be among the nicest in DVC.

I would rather be where I want to be for the next 19-20 years than somewhere else for the next 40 -50, wishing I were at the BWV. We do not want to leave a financial obligation to our daughter and she really isn't the fans we are, anyway.

Since we never expected to sell our contract, anything we may get when/if we sell is gravy. We are fortunate in that we were able to buy with discretionary funds. It won't change our lifestyle at all if we cannot recoup any of the initial purchase price.

As nice as the Riviera is, I would not buy there due to the transportation. The skyliner just cannot be counted on as a reliable mean of transportation. Staying at the BWV gives us easy access to it, anyway - we used it just last week to get to Topolinos, and often choose it to return to the BWV from DHS when we just want to enjoy the ride.

I still believe that in most cases, you should buy where you want to stay. Any savings are soon forgotten when you are staying elsewhere, wishing you were somewhere else.

I love this post and thank you. We just bought a micro 50 point contract at BWV (our first) for all of the reasons you said. I think we will buy 50 more so we can have a nice stay every other year. The location just cannot be beat and we just love the vibe. It’s such a great resort.

 

[Brian Noble]

DVC resorts are great places to go for a “just hang out” vacation. There is plenty of dining and shopping nearby. They are generally well-kept. It’s a decent home base to some very interesting things to do beyond the theme parks.

And I’ve done that. I spent two weeks at SSR last March. The first week was with extended family and we hit the parks pretty hard. The second week was just me hanging out. I did duck into Sea World for a bit, but I also just enjoyed the resort, got a little bit of work done remotely, hung out by the pool, and stayed warm rather than sit up here in the last bit of winter.

But there are lots of places like that. Many of those have timeshares—timeshares that are significantly less expensive to buy and to own than DVC. You can use them to go lots of places, very affordably. Winter on the Mexican coast. Spring on the Southern Californian coast. Hiking in Colorado. Hawaii. More Hawaii. Even more Hawaii. And yes, even Orlando, (twice!). And that’s all just between now and mid-July.

[Note to self: I own too many timeshares.]

Sure, plenty of people who bought DVC discover that they don’t need to go the parks to have fun on vacation! But I have to believe almost no one buys DVC for any other reason than access to the theme parks. There are too many other ways to spend that money and get much more.

As an aside: Looks like DISboards is playing fast and loose with embedded links. The ”Orlando” link I posted above is this:

https://www.marriott.com/en-us/hotels/mcocy-marriotts-cypress-harbour-villas/overview/

But when I click on it in my post, it sends me through a chain of trackers and then to Marriott’s regular home page (probably with an affinity payment to…someone.) Maybe that’s my browser, but I post links like that on other discussion boards, and it never happens anywhere else but here…

 

[BamaGuy44]

DVC resorts are great places to go for a “just hang out” vacation. There is plenty of dining and shopping nearby. They are generally well-kept. It’s a decent home base to some very interesting things to do beyond the theme parks.

And I’ve done that. I spent two weeks at SSR last March. The first week was with extended family and we hit the parks pretty hard. The second week was just me hanging out. I did duck into Sea World for a bit, but I also just enjoyed the resort, got a little bit of work done remotely, hung out by the pool, and stayed warm rather than sit up here in the last bit of winter.

But there are lots of places like that. Many of those have timeshares—timeshares that are significantly less expensive to buy and to own than DVC. You can use them to go lots of places, very affordably. Winter on the Mexican coast. Spring on the Southern Californian coast. Hiking in Colorado. Hawaii. More Hawaii. Even more Hawaii. And yes, even Orlando, (twice!). And that’s all just between now and mid-July.

[Note to self: I own too many timeshares.]

Sure, plenty of people who bought DVC discover that they don’t need to go the parks to have fun on vacation! But I have to believe almost no one buys DVC for any other reason than access to the theme parks. There are too many other ways to spend that money and get much more.

I've thought about buying into another system for non-Disney vacations, which are at least half of our trips. But figuring out how they work, how many points i would need, what a good price would be, etc has been elusive. Granted I haven't invested a ton of time into it, mostly because I don't even know where to start.

I know about the TUG board, and it seems like there is anything you ever wanted to know. But to just get a brief beginner overview of the basics of a system for an outsider seems to be difficult. Maybe I'm not looking in the right places on there, or possibly my mom was wrong, and I'm just not very bright.

 

[thanxfornoticin]

BWV still has a couple years left before it really starts to see some reduction in value because of time left.

20 years is still a WDW lifetime to many. When it starts to be 10-15 then more people will actively think about what will they do for Disney after the contract expires.

Just our 2 cents - if someone is buying DVC as an investment, then the 19-20 year contracts are probably not a good buy. But if someone is like us and bought DVC for the rooms, memories, and magic of Disney trips, then 19-20 years is an entire family generation to enjoy the timeshare. We never bought concerned what we'd resell it for later. We bought to stay where we want to stay and enjoy the Disney bubble as much as possible. I think people are in both camps. We're older, so 2042 is likely the upper end of when we'll be traveling consistently, so we're not as worried about what Disney does lease-end. But that date should only be one of the factors when deciding on a purchase, at least in my opinion.

 

[jason423]

Just our 2 cents - if someone is buying DVC as an investment, then the 19-20 year contracts are probably not a good buy. But if someone is like us and bought DVC for the rooms, memories, and magic of Disney trips, then 19-20 years is an entire family generation to enjoy the timeshare. We never bought concerned what we'd resell it for later. We bought to stay where we want to stay and enjoy the Disney bubble as much as possible. I think people are in both camps. We're older, so 2042 is likely the upper end of when we'll be traveling consistently, so we're not as worried about what Disney does lease-end. But that date should only be one of the factors when deciding on a purchase, at least in my opinion.

I dont think anyone should treat DVC as an investment, especially the 2042 resorts. But it is (I think at least) nice to have the peace of mind that there is an active market to unload most of the contracts if necessary and if you own outside of the 2042s, likely, at the very least, get your initial resale money back.

 

[Nabas]

The vast majority of DVC Members do go to the parks when they visit. Most all of us would not have purchased DVC without the lure of the parks.

That said, we will not pay full price for tickets, either. So far, we have been able to renew our APs. If that becomes unavailable, we would either use points for non-Disney options or (more- likely) sell. I doubt Disney cares which we choose. We're long since broken even, so even if we have to give our contracts away to avoid the dues, it won't bother us.

We greatly enjoy what WDW offers outside of the parks. Still, we go to the parks perhaps 2 or 3 hours a day for the ambience.

Without an annual pass, we definitely would sell most of our points but keep some for an occasional trip.

 

[sethschroeder]

We never bought concerned what we'd resell it for later.

Thats fine but think about this.

What if right now BWV had 10 years left and you were thinking about buying for the first time. You would get until 2032 and then have nothing left.

Would that not impact how much you are willing to pay? That is what I am talking about.

20 years is still long enough that people overlook that it will be worthless at a certain date but with 10-15 years left people will account for that including needing to replace it.

if someone is buying DVC as an investment

You don't need to when its 10-15 years left. Its just a reality that in 10 years you will need to figure out a new way to pay for your room on your Disney trips.

Also people can do as they wish but honestly you don't need to view it as investment but view the highly highly highly likely ability to sell it for a good amount of money as part of the overall cost analysis of the contract if you can't decide between two resorts.

2042 is likely the upper end of when we'll be traveling consistently

So would you rather BWV just expire or RIV where you can then sell it for $110-$150/point (before being adjusted for inflation). Some people might care but it does change the math on getting paid out vs having nothing at the "end" of your ownership lifespan.

Also note that I own BWV and RIV myself and both are great resorts. Honestly think BWV and BCV would both be in the price range of sold out VGF if they had 40 years left.

 

[thanxfornoticin]

Thats fine but think about this.

What if right now BWV had 10 years left and you were thinking about buying for the first time. You would get until 2032 and then have nothing left.

Would that not impact how much you are willing to pay? That is what I am talking about.

20 years is still long enough that people overlook that it will be worthless at a certain date but with 10-15 years left people will account for that including needing to replace it.



You don't need to when its 10-15 years left. Its just a reality that in 10 years you will need to figure out a new way to pay for your room on your Disney trips.

Also people can do as they wish but honestly you don't need to view it as investment but view the highly highly highly likely ability to sell it for a good amount of money as part of the overall cost analysis of the contract if you can't decide between two resorts.



So would you rather BWV just expire or RIV where you can then sell it for $110-$150/point (before being adjusted for inflation). Some people might care but it does change the math on getting paid out vs having nothing at the "end" of your ownership lifespan.

Also note that I own BWV and RIV myself and both are great resorts. Honestly think BWV and BCV would both be in the price range of sold out VGF if they had 40 years left.

Cannot argue with any of your points! If nothing else, this thread shows how differently and individually people have to evaluate their purchase (or non-purchase or resale). In our situation, 2042 is absolutely fine, and we're going to enjoy the next 19 years! Second, we've visited Riviera and have no interest in buying or staying there - will prefer to stay at the convenient (for us) locations of BCV or BWV.

Those same factors probably don't apply to most of the other owners or potential owners! Our decision to buy nearly 30 years ago seems ridiculously easy compared to now! And even add-on contracts we made over the years to increase points - much easier decision then. If I was a newbie looking to buy now, I'm sure my perspectives would be very different.

 

[CarolMN]

As an aside: Looks like DISboards is playing fast and loose with embedded links. The ”Orlando” link I posted above is this:

https://www.marriott.com/en-us/hotels/mcocy-marriotts-cypress-harbour-villas/overview/

But when I click on it in my post, it sends me through a chain of trackers and then to Marriott’s regular home page (probably with an affinity payment to…someone.) Maybe that’s my browser, but I post links like that on other discussion boards, and it never happens anywhere else but here…

Odd. When I click on that link, it brings me directly to the home page for

Marriott's Cypress Harbour Villas​

 

[Brian Noble]

I may need to do some more investigation.

 

[Brian Noble]

But to just get a brief beginner overview of the basics of a system for an outsider seems to be difficult.

The basics of most systems are pretty simple: You get X points every year, they cost $Y dollars, and you can use them to book resorts based on the relevant point charts, subject to availability.

Most systems have some form of banking and borrowing, though sometimes with a fee (IMO, these are negligible). Some systems account for "housekeeping tokens" in addition to points, but those are relatively easy to ignore unless you are booking a lot of short stays in small units in the offseason at low-point resorts, in which case you'll need to buy a few more.

But yes, it is easy to be mired in a lot of detail quickly. I tend to treat it as a hobby, so the learning curve is a feature, not a bug.

 

[DonMacGregor]

I may need to do some more investigation.

I get the same result you do: a long stream of redirects, then a landing page on the main Bonvoy site.

 

[DonMacGregor]

Odd. When I click on that link, it brings me directly to the home page for

Marriott's Cypress Harbour Villas​

When I click on your link, I get this:

 

[zavandor]

The basics of most systems are pretty simple: You get X points every year, they cost $Y dollars, and you can use them to book resorts based on the relevant point charts, subject to availability.

Most systems have some form of banking and borrowing, though sometimes with a fee (IMO, these are negligible). Some systems account for "housekeeping tokens" in addition to points, but those are relatively easy to ignore unless you are booking a lot of short stays in small units in the offseason at low-point resorts, in which case you'll need to buy a few more.

But yes, it is easy to be mired in a lot of detail quickly. I tend to treat it as a hobby, so the learning curve is a feature, not a bug.

There was someone who posted some time a report of their life living in timeshares all year around. Maybe it's not true you have too many timeshares, you may have too few!

 

[Brian Noble]

I get the same result you do: a long stream of redirects, then a landing page on the main Bonvoy site.

Then either our browsers are compromised in the same way, or it is not us.

I have seen this behavior on DISboards in the past around Marriott links but noticed it was not consistent. Sometimes I'd get the shenanigans result, and sometimes not. It's not as though I begrudge Pete et. al. the ability to monetize these boards I get to use for free, but it is annoying if other people can't actually get to the thing I am trying to legitimately link to, where "legitimately" means "not trying to get around the board's naughty list."

Into every life a little rain must fall, I guess.

 

[DonMacGregor]

Then either our browsers are compromised in the same way, or it is not us.

I have seen this behavior on DISboards in the past around Marriott links but noticed it was not consistent. Sometimes I'd get the shenanigans result, and sometimes not. It's not as though I begrudge Pete et. al. the ability to monetize these boards I get to use for free, but it is annoying if other people can't actually get to the thing I am trying to legitimately link to, where "legitimately" means "not trying to get around the board's naughty list."

Into every life a little rain must fall, I guess.

No skin off my nose either. I'm Bonvoy Platinum Elite, so I'm always happy to end up there.