Second Guessing Myself...arghhhh

[Mtnman44]

Ok, I thought I had this all figured out so I picked a guide and made the call. Materials should be here shortly. After watching the resale market for weeks and doing endless calclulations and spreadsheets I decided that I wanted to buy SSR and Boardwalk. SSR because it is a pretty good deal direct through disney, cheapest dues, and last 12 years longer, although that is not a huge deal to me. I'm looking for relatively cheap points since every other year we will be using some of the points for Disneyland, CA so it didn't make sense to me to load up on points at BWV and VWL. Plus the closing costs are almost nothing vs. the around $1,000 I'd have to pay in Closing on two equivilant resale contracts.

Now as I look at my next few year's of travel plans I see that I won't ever be at SSR! When not spending a few days at BWV or VWL, it seems my points wallet keeps directing me to stay at OKW! It simply seems like a much better points value to stay there for the bulk of my Orlando days. I should point out that based on what I have read about these resorts, I WILL want to stay at either OKW or SRR for the bulk of my days but we definately want SOME time at BWV hence the second contract (smaller).

So now I'm wondering if I should buy OKW resale instead? Will I regret not having an 11 month advantage there? In the future I may need 2 BR or the occasional Grand Villa at OKW. Do I have any chance at all at 7 months?

 

[Ed T]

Another thing to think about is do you want to be a DVC member for 50 years or 36 years. OKW resales I believe will only have 36 or so years left on them. New contracts are at 50 years. At the cost of the savings of resale vs new do you get it back in added years, especially with the $ 86 per point promo currently being offered? More things to think about.

Ed

 

[mikron]

I agree with ED T, at $86.00 / point at SSR from disney with the extra years thats the smart way to go. I own 2 OKW contracts because of the lower points required. I also own 4 contracts at SSR that i got first. If you can only buy one or the other SSR is it. I have rented and used the resorts since 04 and have had no trouble with the 7 month rule. I think with AK opening soon OKW won't be a problem at 7 months.

 

[LisaS]

Contracts at SSR run out on Jan 31, 2054. Contracts at the other resorts end on Jan 31, 2042. So there is a 12 year difference between SSR and the other resorts. People buying into to SSR today would have about 47.25 years left on their contracts.

 

[lisaviolet]

I would say that the GV reservation would be your only concern. Not impossible to book at 7 months but I would think very difficult during some seasons. And then there is always the waitlist.

Other than that I see no reason to have an OKW contract over SSR. And I love OKW!!! It's just that besides the above mentioned ...well at 7 months I don't believe and has been my experience that getting OKW is not a problem at all.

Best of luck,

Lisa

 

[mochabean]

What you may regret is not having some home resort points at a DVC at Disneyland. I would think the 7-month window there would have to be worse than the 7-month window at OKW. Granted the DVC at DLR is only a rumor at this point, and so you won't be able to buy there for several years, so if you want the points now you have to buy what exists. You might want to consider buying SSR contract sizes that will allow for easy resale later should you decide to buy DVC at DLR when it becomes available.

 

[Parkhopper13]

I believe this situation depends on your age and desire to leave DVC to any heirs. You mentioned the extra 12 years were not that important to you. I assume because you don't expect to be around (or at least traveling) that far in the future. If this is the case and you don't mind leaving no DVC to your heirs...it sounds like OKW is best for you.

If leaving DVC to your heirs is something you'd like to do, then I think SSR would still provide you with all the vacation flexibility you desire..

 

[Mtnman44]

As far as leaving to heirs, that doesn't enter into my equation. There will likely only be a few years left on it at the time I die (hopefully) so it wouldn't be anything tremendously valuable to give. Plus, who knows if my kids and their families would even want to go to disney that much (unbelievable but it happens) nor would they necessarily want to inherit the burden of I can only guess how many thousands the maint fees will be in 2054. So, no I don't factor the passing to heirs in my calculations.

The only thing the extra 12 years does in my decisioning is that it makes some sense that in 10 to 20 years if I feel like selling for whatever reason, my contract will be worth a lot more than the ones expiring in 2042.