Saratoga Springs (last 12 years of contract)

[marcomouse]

Just wondering if anyone realizes that the last 12 years of these contracts will be limited to stays at the SSR or AKV. The Hilton Head and Vero options will be gone as well as BWV , OKW, BCV, and WLV. Or these options will be very expensive point wise. I'm not sure that paying the huge difference in price to buy that resort is worth it in the long run. SSR and AKV are nice but the biggest benefit of owning DVC is the huge choice of resorts that are offered. When people ask me what to buy I always recomend the cheapest Resale and this website instead of purchasing through Disney. I bought HHI for $60 a point and WLV at $64 a point . Much better than paying $85 -$95 a point for a Resort you wont want to stay in every year.

 

[tjkraz]

No objections here. I think I can live with 12 years (God willing) of staying at just one or two resorts after hopping around for the first 38.

Besides, does anyone REALLY believe that AKV will be the last DVC resort?!?! Ha-ha-ha-ha!!!

I bought HHI for $60 a point and WLV at $64 a point.

Care to share the...ahem...creative contract terms got those through ROFR?

 

[MIDisFan]

I thought DVC sent out a survey with one of the questions being in regards to extending the length of membership. I have only been a member a short time but I think it is too early to say what options will or won't be around in the future, although it won't matter too much for us. If were able to go to Disney at that age, we would be happy no matter were we stayed.

 

[mcorbo]

Condiering I'll be 83 when that last 12 years starts, I doubt if they'll let me out of the home much for travel at that point.

 

[dianeschlicht]

I'll be doing well to live to the end of my OKW contract, so not too worried about going to WDW when I'm 95-107.

 

[JimC]

Remember that DVC started with one and only one resort -- OKW. DVCII (the 2054 contracts) will have more resorts over the next ten years. Just look at what they built in the first ten years of the program.

None of us really know what will happen to the 2042 contracts or the resorts themselves. As another poster said they have polled the membership so it is clearly something they are having discussions on.

They may even begin a DVCIII ten years or so from now with another 50 year contract term and even more new resorts. For now I would simply enjoy the great vacations and memories.

 

[jjohnson]

Condiering I'll be 83 when that last 12 years starts, I doubt if they'll let me out of the home much for travel at that point.

me too! Maybe we can arrange to sneak out together.

 

[Granny]

None of us really know what will happen to the 2042 contracts or the resorts themselves. As another poster said they have polled the membership so it is clearly something they are having discussions on.

I agree with this, and will add that I don't think even Disney knows exactly what they will do in 2042 with the original DVC resorts. My guess is they will lay out several scenarios and pull the trigger on the one that makes the most sense in 30 years or so.

SSR and AKV are nice but the biggest benefit of owning DVC is the huge choice of resorts that are offered.

I don't know that everyone would agree that this is the "biggest" benefit of owning DVC. I know I enjoy the ability to book elsewhere but if I were restricted to my home resorts I'd still very much enjoy our DVC purchase. So I'd put this particular benefit somewhere in the "nice but not critical" list of reasons we bought into DVC.

 

[LBelle]

I don't know that everyone would agree that this is the "biggest" benefit of owning DVC. I know I enjoy the ability to book elsewhere but if I were restricted to my home resorts I'd still very much enjoy our DVC purchase. So I'd put this particular benefit somewhere in the "nice but not critical" list of reasons we bought into DVC.

I agree 100%!!!! We are hoping to buy into DVC next year and all I know is that, as long as I'm in WDW, as long as I know I'll be going to WDW as frequently as DVC allows, then I'll be one VERY HAPPY GIRL!!! Sure, there are benefits to Epcot area DVCs but as long as I'm in the WDW 'city limits' all will be well!!!!!

 

[Wigit12]

Our family bought into DVC when the only option was "The Disney Vacation Club" Resort--later OKW. And we were thrilled. I know the price was much much cheaper then (and free tickets didn't hurt ) but we were happy.

We love the options of different resorts but we will be adding on soon to extend the life of our ownership. We'll be thrilled just to be staying at Disney!!

 

[marcomouse]

No objections here. I think I can live with 12 years (God willing) of staying at just one or two resorts after hopping around for the first 38.

Besides, does anyone REALLY believe that AKV will be the last DVC resort?!?! Ha-ha-ha-ha!!!



Care to share the...ahem...creative contract terms got those through ROFR?

My contract was straight forward with no banked or borrowed points. Are people having problems now with ROFR>

 

[CarolA]

Just wondering if anyone realizes that the last 12 years of these contracts will be limited to stays at the SSR or AKV. The Hilton Head and Vero options will be gone as well as BWV , OKW, BCV, and WLV. Or these options will be very expensive point wise. I'm not sure that paying the huge difference in price to buy that resort is worth it in the long run. SSR and AKV are nice but the biggest benefit of owning DVC is the huge choice of resorts that are offered. When people ask me what to buy I always recomend the cheapest Resale and this website instead of purchasing through Disney. I bought HHI for $60 a point and WLV at $64 a point . Much better than paying $85 -$95 a point for a Resort you wont want to stay in every year.

And I sold HH because I was afraid that with the increse in members I might actually wind up not being able to use my points at Disney resorts (and I really do not ever want to stay at HH again!)

Remember that I am the queen of last minute booking which is why most of my points are fine wherever they are... I do have some BCV points to gurantee me what I want for the Food & Wine Festival and will probably get some AKL points to gurantee me some time there every year. Otherwise I am fine.

So if like me you have a few places and/or times that are very popular then I think it's not unreasonable to consider owning there as opposed to HH. Yes, in January you can get a room anytime at HH... I have been there in January...I am not going back!

HH points do sell for lower costs (pretty much reinforcing my view of it as a secondary resort) I sold a 50 pointer for $75 recently which I thought was borderline, but it passed ROFR.

(And remember point prices are misleading.. I paid something like $58 for my first OKW points... YEARS AGO LOL!)

 

[Parkhopper13]

Another thing people should consider is that your maint. fees will be a larger expense over the life of the contract than the initial cost. Granted, the newest resorts should have the lowest maint. costs...but you need to consider this when deciding on purchasing the cheapest points.

I also agree with others that DVC is a cash cow for Disney Co. They will most likely continue building DVC resorts bigger and better to compete with off-site timeshares. I think the best may still be yet to come.

 

[DebbieB]

One thing to remember is that you bought an ownership interest for the resort in the contract. There's no 100% guarantee that trading out to any other resort will always be available. There are provisions in the contract to remove resorts from DVC, in which case you would only have your home resort or if it's another resort removed, you would not be able to book there. Unlikely, but it could happen.

 

[LIFERBABE]

One thing to remember is that you bought an ownership interest for the resort in the contract. There's no 100% guarantee that trading out to any other resort will always be available. There are provisions in the contract to remove resorts from DVC, in which case you would only have your home resort or if it's another resort removed, you would not be able to book there. Unlikely, but it could happen.

I agree and that is why I do not advocate purchasing HH or VB to mainly stay on Disney property. If you love it there then they are both wonderful. VB also has the high exposure to hurricanes that could affect the owners ability to trade also if the resort was OOO for an extended period.

SSR is the first resort of DVCII. AKV will be the 2nd and there will be more. The opposite of that, is that those last 12 years will be worth more than a DVCI contract

Also what you purchased for would no longer make it past ROFR, especially for the onsite DVC's.

 

[Dean]

Just wondering if anyone realizes that the last 12 years of these contracts will be limited to stays at the SSR or AKV. The Hilton Head and Vero options will be gone as well as BWV , OKW, BCV, and WLV. Or these options will be very expensive point wise. I'm not sure that paying the huge difference in price to buy that resort is worth it in the long run. SSR and AKV are nice but the biggest benefit of owning DVC is the huge choice of resorts that are offered. When people ask me what to buy I always recomend the cheapest Resale and this website instead of purchasing through Disney. I bought HHI for $60 a point and WLV at $64 a point . Much better than paying $85 -$95 a point for a Resort you wont want to stay in every year.

Buying HH to say at WDW is a gamble. You're getting in cheaper and taking a chance you'll be able to get what YOU want at the 7 month window. This is worth it for some, not for others. Certainly come 31 Jan, 2042 none of the current DVC resorts will be an option unless a formal extension of the ownership has occurred. It is my belief that additional restrictions will occur the last couple of years of the present membership including some type of point pro-ration, limits on banking/borrowing and possibly a change of the home resort rules to protect certain resorts from being flooded. I do not believe an extension is likely but we shall see.

 

[PinkTink63]

No objections here. I think I can live with 12 years (God willing) of staying at just one or two resorts after hopping around for the first 38.

Besides, does anyone REALLY believe that AKV will be the last DVC resort?!?! Ha-ha-ha-ha!!!



Care to share the...ahem...creative contract terms got those through ROFR?

My sentiments exactly!!!

 

[Pluto 2]

by that time you will have more than just ssr and akv. you will probaly have the contemporary. you will probaly have at least one at disneyland. you might have polynesian the grand floridian, eagle pines. who knows what else.
its 36 years away.

 

[Dean]

by that time you will have more than just ssr and akv. you will probaly have the contemporary. you will probaly have at least one at disneyland. you might have polynesian the grand floridian, eagle pines. who knows what else.
its 36 years away.

Or you may have none of them. I would certainly not buy assuming there would be other choices but if they happened, look at it as gravy.