Sell me on an SSR contract for "Sleep around" points

[skier_pete]

I saw the one you had taken was stripped at $109. I'd go for a full or loaded contract and rent out the points. You could buy one with full 2019 points for $116 and be at the same place (rent for $14.50 through David's less $7.44 MF) or a fully loaded one for $125+ (rent the 19 points for the same, plus get maybe $10pp for the banked points)

Good luck!

Good point! Hadn't thought of that.

Though I have say - the price of $109 wasn't all that low even for a stripped contract.

 

[jerseyduke]

(snip)
Another argument I thought in favor of some Saratoga points - if I own AKV points and I want a "last minute" (<6 months) trip and I have to use my AKV points to stay at Saratoga, I would be annoyed.
(snip)

I have 2 contracts, 1 at VGF and one at BRV - and I love both. Now, VGF points are a little more precious because the booking window is more important, but I would not use either of those points to stay at a resort at which I did not want to stay, SSR or any other. This is where Id pay cash. I do not have enough points, so I would be sacrificing a future trip to get something I don't want

To me its funny, and also speaks toward the love of DVC - but its almost like people forget that you can still pay cash for a room, or just outright refuse to. (I know they dont actually do either).

 

[skier_pete]

I have 2 contracts, 1 at VGF and one at BRV - and I love both. Now, VGF points are a little more precious because the booking window is more important, but I would not use either of those points to stay at a resort at which I did not want to stay, SSR or any other. This is where Id pay cash. I do not have enough points, so I would be sacrificing a future trip to get something I don't want

To me its funny, and also speaks toward the love of DVC - but its almost like people forget that you can still pay cash for a room, or just outright refuse to. (I know they dont actually do either).

We've talked about this - because we haven't paid cash on property since 2013. I don't think we would have an issue with going back to a moderate - but it would be awful hard now to stay in those tiny rooms at Pop Century/All-Stars.

 

[jerseyduke]

We've talked about this - because we haven't paid cash on property since 2013. I don't think we would have an issue with going back to a moderate - but it would be awful hard now to stay in those tiny rooms at Pop Century/All-Stars.

It is what I do. DVC just gets you thinking that paying cash for a room is the 8th deadly sin

I enjoy the moderate resorts, and I want to stay at them some. Plus, with the upgrades they have been getting - Coronado's new rooms are very nice, and the new food offerings. CBR with the skyliner coming, and Sebastian's being a pretty nice upgrade. Wish Port Orleans was getting something, as its my favorite of the three.

Then again, I would actually feel like I was missing out on something if I could not stay at them(the moderates) ever again for whatever make believe reason that would be

 

[Katie L]

Good point! Hadn't thought of that.

Though I have say - the price of $109 wasn't all that low even for a stripped contract.

Yea, I think you got the brunt end of the stick them taking that one. You'd think they'd give you one at $90... what with all the free promo they're getting through the DVC show.

 

[bwvBound]

Just to say - my FJ Cruiser makes me smile too!!!

My smile-mobile makes a brief cameo at the 12 second mark of this promotional video:

Perfectly centered in the shot! Bright color ... can't miss it.

 

[KAT4DISNEY]

My smile-mobile makes a brief cameo at the 12 second mark of this promotional video:

Perfectly centered in the shot! Bright color ... can't miss it.

Oh! A sunny yellow one!!! That's what I had wanted to get but they had of course changed colors by the year I bought. But I do really love my Quicksand.

 

[CarolMN]

Good point! Hadn't thought of that.

Though I have say - the price of $109 wasn't all that low even for a stripped contract.

It was probably more about the unit # - they needed more points in a particular unit. My understanding is that while they can change the use year if needed, they still can't combine points associated with different units in the same contract.

 

[skier_pete]

It was probably more about the unit # - they needed more points in a particular unit. My understanding is that while they can change the use year if needed, they still can't combine points associated with different units in the same contract.

Yeah - who knows the reason they take a contract. But that's an interesting view I haven't seen.

 

[kboo]

@skier_pete - there’s some AKV contracts that are passing ROFR at a price close to SSR. Does this change your view?

#teamAKV

 

[skier_pete]

So - I guess my mind was made up - just put an offer in on an AKV contract. I decided I would rather pay $1 / point each year and be happy with my "Home". Not really in a hurry to get the points, so if this one falls through there's always another one.

 

[Wakey]

I live the dream - SSR sleep around person , but the difference is I take 1 beds. I have zero issues staying where I want most of the year and having decent choice at peak, peak times. But that’s one beds. I normally only go once a year for about 11 nights- last year I was in a 2 bed standard view at Boardwalk, then a 1 bed standard at Kidani (could have got a value, but wanted the sleeper sofa), that was July and August. At Christmas and NY doing an 11 night split stay (by choice) at BCV and BLT. Can always seem to book places like Boardwalk pool/ garden at peak, peak times, and also usually see BCV, OKW, VWL at those times. Off peak in summer the only rooms I struggle with are BLT standard, BWV Boardwalk and AKV concierge/ value (but value was there for both parts of my split last summer). 1 beds are the key to sleeping around as you know.
Ironically when the SSR refurb is done and it has the 5 sleep surfaces in the 1 bed (apparently) with its low points it may be my go to resort. The refurb looks top notch at SSR.

 

[skier_pete]

So, if anyone cares, our offer was accepted for AK. We'll see what happens. Contract has some banked 2018 points and full 2019 points, but have to pay dues on the 2019 points which is fair, so there's a pretty good chance we'll be renting out some points to offset the higher cost if it passes rofr.

Thanks all for the advice, but in end I think because we mostly will be focused on studios, it's just a safer bet to stick with our favorite.

 

[GrumpyInPhilly]

So, if anyone cares, our offer was accepted for AK. We'll see what happens. Contract has some banked 2018 points and full 2019 points, but have to pay dues on the 2019 points which is fair, so there's a pretty good chance we'll be renting out some points to offset the higher cost if it passes rofr.

Thanks all for the advice, but in end I think because we mostly will be focused on studios, it's just a safer bet to stick with our favorite.

Congrats. Fingers crossed.

 

[CarolMN]

Good luck! I think you the right decision.

Ironic that some say no to the 2042 resorts, but yes to SAP, and are OK assuming that DVC won't reallocate before 2042 such that studios are more expensive and 1 bedrooms more popular. If/When that happens, you will be happy you bought where you're happy to be.

 

[bwvBound]

Good luck! I think you the right decision.

Ironic that some say no to the 2042 resorts, but yes to SAP, and are OK assuming that DVC won't reallocate before 2042 such that studios are more expensive and 1 bedrooms more popular. If/When that happens, you will be happy you bought where you're happy to be.

Sorry, what is SAP?

EDITED TO ADD: Oh, duh. "Sleep Around Points." Gotcha.

 

[Wakey]

Good luck! I think you the right decision.

Ironic that some say no to the 2042 resorts, but yes to SAP, and are OK assuming that DVC won't reallocate before 2042 such that studios are more expensive and 1 bedrooms more popular. If/When that happens, you will be happy you bought where you're happy to be.

Personally I think there would have to be a very large reallocation to have much impact. DVC owners are value seekers- hence why the older resorts with lower points go quick, value rooms go quicker, cheap seasons fly off the shelves etc. Yes, they may (should really) reduce 1 bed cost and increase studio cost, as 2x the price (roughly what it is now) is too much. But any reallocation will not be that great (reducing it to say only 50% higher would mean a big increase in studio points and uproar) and ultimately they cannot sleep any more people. Thus any reallocation would in my view only have a nominal effect on 1 bed availability as the points will not change that much, and people will still say they can have 80% more vacations with the same points by choosing studios.
Not buying 2024 points is a sound financial decision in my view- I can rent out points when I get sick of DVC at roughly a 10% return- that is a LOT of lost revenue, or I can enjoy trips for another 12 years- that is a lot of lost vacations.

 

[Philsfan77]

Hey all, so we've been looking at getting a third DVC contract. We really love AKV and we own 160 points there, as well as a 75 point contract at BWV. I was looking at getting another 120 - 160 points at AKV, but the contracts have been thin, the points have IMO been over-priced as of late, and our first contract which was pushing what I wanted to pay got ROFR'd (160 pts @ $109 a point). So, I've been thinking about maybe going with a SSR contract instead.

Pros:
1) Save about $10 per point ($1600 for 160 pt contract) and $1 per point every year for the next 35 years ($5,600 across life of contract) assuming MFs remain roughly same ratio.
2) I can use "bank and borrow" to use my BWV and AKV at home resorts when I want, and use the SSR points as the "sleep-around points", since I've already used the AKV points for "Sleep-around" pretty effectively.
3) Much easier to match UY with my current contract as the selection is larger - more likely to get the exact point size I want.
4) Lifetime of contract is almost the same (2054 vs 2057) I'll be 85 or 88 when they expire.
5) If anyone could effectively navigate SSR points at 7-month window for other resorts - even in studios - it should be me, right?

Cons:
1) I really don't care for SSR at all. I honestly don't want to stay there -so I would be breaking the cardinal rule "Buy where you like to stay"
2) We predominantly stay in studios - the hardest to "sleep around" with - unlikely we could use these points for Oct-Dec travel.
3) By getting more AKV points we could take advantage sometimes of the value 1-bedrooms, which aren't hard to get if booking at 11 months. Can't do THAT with SSR points.
4) I was excited to get my AKV contract and my BWV contract. Not sure I would be at all excited about this contract. Does that alone say I should stay away?

Even as I write this I can't see myself buying SSR points - so i really debated deleting this post - but I was still curious for the responses - give me some GOOD reasons or examples of owning points at SSR for "sleep around" points.

TIA

You know what we used to call people who "slept around" in college!

 

[E2ME2]

You know what we used to call people who "slept around" in college!

"Over Achievers" ? !

I've been happy with my SSR points, and have used them at OKW, BWV, AKL (Jambo & Kidani), & HHI. (Also had a Ressie at AUL, but had to cancel due to illness).
So I guess you can say we've slept around a bit on SSR points. The only thing we have not gotten at 7 Months has been AKL-Value.

 

[skier_pete]

Conclusion to the saga - our AKV contract passed ROFR - so barring something weird I stuck with AKV. 320 points at AKV, 75 points at BWV. I can't see buying more than this - honestly it's probably more than we need, so might end up renting some points some years.