Selling BWV contract for points at BLT??

[goofy4wdw2]

We just got back from 10 days at BLT and LOVED it! We own at BWV and have stayed at WLV and BCV as well...we really liked all of them, but LOVED BLT. We're thinking of selling our BWV points (200+100) and buying BLT (maybe 200 so the overall cost is the same or less, but with the intention of possibly adding on in the future). The other thought is to sell 200 BWV (keep 100) and but 100-125 at BLT. We'd plan to bank/borrow to have enough to stay at BLT every other year or so. So...what are the advantages/disadvantages of having points at only one resort or at different resorts? We'd plan to get the same use year, so that shouldn't be an issue. Thanks!!

 

[BroganMc]

We just got back from 10 days at BLT and LOVED it! We own at BWV and have stayed at WLV and BCV as well...we really liked all of them, but LOVED BLT. We're thinking of selling our BWV points (200+100) and buying BLT (maybe 200 so the overall cost is the same or less, but with the intention of possibly adding on in the future). The other thought is to sell 200 BWV (keep 100) and but 100-125 at BLT. We'd plan to bank/borrow to have enough to stay at BLT every other year or so. So...what are the advantages/disadvantages of having points at only one resort or at different resorts? We'd plan to get the same use year, so that shouldn't be an issue. Thanks!!

Main advantage is you get to use all those points to secure a room in the 11 mos booking window.

Disadvantage is you only get that advantage at THAT resort. All others are at 7 mos.

The jury is still out as to how booking at 7 mos will be at BLT. BWV is a known quantity (no SV for F&W, hard to find anything October - December). BLT will probably follow the same.

When you sell BWV you'll still be paying more per point for BLT.

We have most of our points at SSR. We like that resort as our main residence. But we purchased smaller BLT and BWV contracts to give us priority booking window for a few days at each a year. If we did EOY, we could manage a week in BWV and BLT switching off.

 

[KAT4DISNEY]

Personally I would just keep the BWV points and try to move the ressie to BLT at 7 months until such time as that proved to not work. You'll lose money on the transaction and also length of stay ability since BLT rooms are more points than BWV unless you are planning on BLT standard rooms instead of BWV premium.

To answer your question though - there is an advantage to owning more than one resort b/c you can get the 11 month booking window at each one. With banking/borrowing and alternating stays, or doing split stays it's a nice way to assure you stay where you most want to. And if you have to have an MK view or standard view at BLT or the BW view or standard view at BWV then that may be a good way to go. Or if you're planning on going at popular times.

All points at one resort in one UY is the easiest to manage but it's not that difficult to have more than one.

 

[Dean]

The main issue is the cost of the trade out. As you correctly note, you'll turn those 300 BWV points into 200 BLT points roughly. You must decide whether that's worth it for you or not. Unless you'll use them at BLT almost exclusively in a difficult to get room such as MK view, I personally wouldn't do it. Your best bet in many ways is to do an add on at BLT keeping all of the BWV points. Or you could do as you state, sell part and keep part with a BLT add on. Why don't you try to use the BWV points at BLT the next trip or 2 and see how it goes then you can decide. Hopefully by then the economy will be up and the difference in value will be less than it is now.

 

[mikeandkarla]

I wouldn't sell 300 BWV points to buy 200 points at BLT. Unless you must have a MK view, I think there should be no problem booking at BLT at the 7 month window.

 

[dr&momto2boys]

Personally I would just keep the BWV points and try to move the ressie to BLT at 7 months until such time as that proved to not work.

Yeah, and then buy BLT. In the meanwhile you'll have more points to use.

 

[wdrl]

There are so many factors that come into play when trying to answer your question. You mentioned that on your recent visit you stayed 10 days at BLT, but you didn't mention what type of accommodations you had. If you are planning on getting only 200 BLT points, keep in mind that 200 points will get you 10 days in a BLT studio during most seasons, but won't get you even 7 days in a 1-bedroom during any season. You would have to bank and borrow to afford a 1-bedroom, or reduce the length of your stay.

One advantage of switching 300 BWV points for 200 BLT points would be in the MF savings. The BWV points cost $1,563/year, while the BLT points cost $734/year, a net difference of $829/year. No one can predict what the MFs will be 10 years from now, but if that difference continues, you might (hopefully???) save $8,290 in MF in 10 years. Of course, that "savings" comes at the "cost" of having 100 fewer points to play with.

I would take the advice of the PP and delay making the switch at this time. First, until BLT is sold out (and they have only sold about 41% of the points to date) there will be relatively more BLT villas available to DVC members than there are BLT points in play. Thus, it should be easier to get a BLT villa at the 7-month mark. Second, no one knows what the demand will be for specific BLT views. It appears that Standard View is actually more popular than MK. Lake View appears to trails BLT-SV and BLT-MK, perhaps because there are far more LV villas than the other two. If you would be content with LV, then you stand a better chance of getting into BLT at the 7-month mark. And third, I suspect that within a year or two BLT resale contracts will be more readily available and at a much cheaper price that Disney's price. If you wait, you might be able to get 200 BLT points on the resale market for 10% or more less than Disney's current price.

Good luck!

 

[bookwormde]

I would wait and see if booking at 7 months becomes an issue, so far it has not been except on the busiest times. Also you can be pretty sure that in another year there will be lots of resales on the market at well below DVC direct prices.

bookwormde

 

[photobob]

I wouldn't sacrifice 100 points solely for the 11 month advantage.

 

[Sandisw]

I think it depends on how you see yourself vacationing, now that you know you love BLT.

We bought there because that is where we want to be. We may trade out a few days each trip but will always stay the bulk of the time there. Even though we travel in August right now, not too busy, we just didn't want to chance the 7 month thing.

In your case, if you now think you want to stay at BLT most of the time and will always be looking to trade out at 7 months, then I would consider selling, at least the 200 points, and adding on at BLT.

Plus, you would be getting lower MF's for some of those points, and a longer contract (if that matters).

I guess it comes down to whether or not you are okay with having less points to use at WDW for your yearly trips. If you had such a great trip at BLT (compared to previous ones), then I say it may be worth it for you.

Good luck!!!!

 

[goofy4wdw2]

Thanks for your thoughts everyone, and for helping us rethink this! We loved BLT so much, we were ready to do something irrational! For the time being, we've decided to wait and do nothing. We do like to do 8-10 day trips and prefer 1BRs, plus next year we'd like to get a 2BR if my dad goes with us, so the 300 points will work better for us. We had the lake view this time and loved our room, it was perfect for us, so maybe it won't be so difficult to get in at the 7 month window for lake view. I guess only time will tell, and if it's a problem, we will consider a resale for BLT at that time. Thanks again!!

 

[BUDDYBEAR]

the big thing is the 11 mos. booking

 

[Dean]

the big thing is the 11 mos. booking

Certainly, then the question becomes how much is that worth to a given member or potential member. Thus you look at how difficult is what I want likely to be at 7 months out, how often will I want that option if it's difficult to get (MK view), how often will I trade to other options or book at 7 months or less anyway, finances. At 50% more in this example you've got to be pretty attached to BLT for trips there most time (maybe 75-80%), be locked in on MK view units (IMO), and be both able and willing to book day 1 at 11 months out. As noted more than once above, there are in between options. There are likely no options in the DVC system that are not possible at or after the 7 month window but there are some that are pretty close. MK view may or may not be one of those, time will tell. Thus for the OP it seems trying, using the WL and giving it some time to see how things turn out might be the best option.

 

[spiceycat]

blt is already a big demand.

especially for MK and standard - they both sell out first. So getting LV might be possible at 7 months.

but never count on it. be willing to stay at BWV - which you are.

my old resort was OKW and sold it to buy BLT as soon as BLT was announced.

so lost more than half of my points to buy BLT.

for me it was worth it. really love BLT. that say stayed more at AKV than BLT - because BLT is so hard to get.

waited 15 years for a DVC monrail resort and was going to buy regardless.