So many questions - my head is spinning

[quirty30]

Let's see if I can get this out without being too wordy (probably not -lol.)

I was very close to buying 360 BLT points in the next couple of weeks. With the current incentives, I can buy in at $96 a point; it also seems like these incentives aren't going to be around much longer, so I do need to make a decision fairly soon. And yes, I am signed up for the 6/10 webcast just in case it offers anything better than the current offer. I should also note that the Feb UY is just perfect for us as most of our stays would be for the last week of March, the summer months, or long fall weekends.

I love BLT and I can see us staying there for most of our visits. But I also can see us wanting a change of location and scenery every so often. The 2 other resorts that intrigue me the most are BCV & AKL - the latter specifically for the the club level units. I got to thinking that maybe I should just go for 200 BLT points and look for say, 100 point resales at BCV & AKL a little further down the line. One of my questions is this - can points be banked & borrowed concurrently? In other words, lets say I have 100 points at AKL, can I bank current points for the next use year, then borrow against the year thereafter (essentially giving me 300 points use for one stay every 3 years?)

Another thing that concerns me is that BCV term is only until 2042. I priced a few resales for around $90. That seems pretty high given the shorter term. AKL resales seem a bit more reasonable given the longer term. Both have significantly higher annual fees as well (but I also know that the BLT fees could go up over time.)

I guess what I'm ultimately wondering is this. If I have a good chance to get BCV or AKL (club level) at 7 months, I'd just as soon go with the 360 BLT points and not go thru the headaches of 3 different purchases, closing costs, etc. I'm also wondering if trading points is an option that would work well for me. I'm thinking that the occasions we wanted to stay at BCV or AKL, that my BLT points would be a pretty good trade. All things considered, $96 a point, lower annual fees to start, for what is arguably the hottest DVC property currently available with the longest term available; I think it's a pretty good deal.

I know that I could probably find the answers to all these questions at various other places within these forums, but as my title mentioned, my head is just spinning from all the info I've found thus far.

Would really appreciate any advice that anyone is willing to offer : )

 

[5forDiz]

Let's see if I can get this out without being too wordy (probably not -lol.)

I was very close to buying 360 BLT points in the next couple of weeks. With the current incentives, I can buy in at $96 a point; it also seems like these incentives aren't going to be around much longer, so I do need to make a decision fairly soon. And yes, I am signed up for the 6/10 webcast just in case it offers anything better than the current offer. I should also note that the Feb UY is just perfect for us as most of our stays would be for the last week of March, the summer months, or long fall weekends.

I love BLT and I can see us staying there for most of our visits. But I also can see us wanting a change of location and scenery every so often. The 2 other resorts that intrigue me the most are BCV & AKL - the latter specifically for the the club level units. I got to thinking that maybe I should just go for 200 BLT points and look for say, 100 point resales at BCV & AKL a little further down the line. One of my questions is this - can points be banked & borrowed concurrently? In other words, lets say I have 100 points at AKL, can I bank current points for the next use year, then borrow against the year thereafter (essentially giving me 300 points use for one stay every 3 years?)


Yes you can have up to 3 UY allotment of points to use by banking & borrowing & with Current UY allotment (this would be UY during which reservation dates take place).

Another thing that concerns me is that BCV term is only until 2042. I priced a few resales for around $90. That seems pretty high given the shorter term. AKL resales seem a bit more reasonable given the longer term. Both have significantly higher annual fees as well (but I also know that the BLT fees could go up over time.)

Many have posted here that due to it's lower MFs BLT makes sense for using BLT points at other DVC resorts. SSR resale contracts at present time are showing up at great prices; SSR expiration is 2054. Also OKW extended contracts expire in 2057 which is same expiration as AKV. I wouldn't dwell so much on expiration if you really love BCV - 30+ years on BCV is long time and BCV is a small resort and could be difficult to book particularly at Food & Wine Festival time.

I guess what I'm ultimately wondering is this. If I have a good chance to get BCV or AKL (club level) at 7 months, I'd just as soon go with the 360 BLT points and not go thru the headaches of 3 different purchases, closing costs, etc.

jmho, I would NOT count on getting AKV Concierge( 'club' ) level at 7 months - there are very few concierge level villas - iirc only ten 2 bedroom lock-off villas so at most 20 villas if they are locked off into 1 bedroom villas & studios.

I'm also wondering if trading points is an option that would work well for me. I'm thinking that the occasions we wanted to stay at BCV or AKL, that my BLT points would be a pretty good trade. All things considered, $96 a point, lower annual fees to start, for what is arguably the hottest DVC property currently available with the longest term available; I think it's a pretty good deal.

By where you'd most love to stay or wouldn't mind having to stay if all you get was a reservation at your Home Resort during your owner's priority booking window (11 months through 7months+1day before check-in date you'd want).

imo, I'd buy less BLT points, see how you feel about it after staying there & use some BLT points to try out other DVC's you are considering - you can alway add-on points at any other DVC resort by directly purchasing through Disney (25pt minimum with cash or 50 pt min if you want Disney's financing or you can purchase additional contract(s) at other DVC's through resale market as well)

Hope this helped

 

[Sandisw]

Just a thought since you are buying so many points. Maybe you could split your contract--230 BLT ($96.00 per point) and 130 AKV ($94.00 per point).

This way, you will have points at each resort and the years you want to stay AKV, Concierge, you will have a shot at 11 months (using banking/borrowing). Of course, you would still have to try for BCV at 7 months, but 2 out of your 3 resorts would be covered.

Disney will allow you to do this and it would all happen at once. Just from what I am hearing, rumors are that one of the reasons that they are removing the incentives at BLT is to try and push AKV or SSR sales up farther.

I am thinking that these webcasts will increase the incentives, at the very least, at AKV. And, if you start the process now and on June 15th, the BLT and AKV incentives are changed, you can amend your contract.

Good luck!!!

 

[BlakeNJ]

I agree with above poster. I would split your contract in two. At least in the case you need to sell one off. A friend of mine bought a large sum of points (350) and would like to buy BLT but can't sell anything off since he has one large contact. Looking back, he should have split his 350 and would have one contact to sell and buy into BLT.

I also like the idea of 100 pts at BLT and 100 pts at AKV and adding on later at BCV. That way, one year you could stay at BLT (with banking, current UY and borrowing) and the next at AKV (same idea).

 

[quirty30]

Thank you all for the advice. I've done a little more homework and it looks like there are only 5 AKV club level rooms (well 5 of the 2 br lock-offs, or 5 studios and 5 1 br units.) And we'd always need at least 1 br. With that in mind, I don't think I'd buy AKV points knowing that even 11 months out, my chances of getting what I want are slim. If all I want is to stay at a regular AKV unit, I hear it is a large resort and there is usually availability at 7 months. I'm thinking now to go with maybe 200 BLT points, split into 2 contracts (can they do that or does each one have to be 160 or more?) And then look for an ideal BCV resale (with a UY that suits us) of 100 points or so - and I don't have to do that right away, making my up front costs a little more palatable : )

 

[Sandisw]

Thank you all for the advice. I've done a little more homework and it looks like there are only 5 AKV club level rooms (well 5 of the 2 br lock-offs, or 5 studios and 5 1 br units.) And we'd always need at least 1 br. With that in mind, I don't think I'd buy AKV points knowing that even 11 months out, my chances of getting what I want are slim. If all I want is to stay at a regular AKV unit, I hear it is a large resort and there is usually availability at 7 months. I'm thinking now to go with maybe 200 BLT points, split into 2 contracts (can they do that or does each one have to be 160 or more?) And then look for an ideal BCV resale (with a UY that suits us) of 100 points or so - and I don't have to do that right away, making my up front costs a little more palatable : )

Yes, if you want 200 BLT points, they will break them into 2 100 point contracts. A few months ago, the answer would have been no, but we are hearing a lot of stories of new members getting to split up contracts as long as the total they are buying more than 160. And, since you are at the 200 point level, you qualify for the best incentives right now (providing you have a member referral).

Now, there is a special webcast going on in a few weeks, that is supposed to have incentives that are different then what is being offered. There is a link, https://event.on24.com/eventRegistr...949EA4006D100E6F9078FF184&sourcepage=register where you can register. I was told by my guide that he heard it was targeting new members, just like you! You may want to watch and see how it compares to what is going on right now.

The great thing is, even if you start the process now, watch the event, and find the incentives better, you can just call your guide and ask to have the new ones!!!

Good luck!!

 

[quirty30]

Yes, if you want 200 BLT points, they will break them into 1 100 point contracts. A few months ago, the answer would have been no, but we are hearing a lot of stories of new members getting to split up contracts as long as the total they are buying more than 160. And, since you are at the 200 point level, you qualify for the best incentives right now (providing you have a member referral).

Now, there is a special webcast going on in a few weeks, that is supposed to have incentives that are different then what is being offered. There is a link, https://event.on24.com/eventRegistr...949EA4006D100E6F9078FF184&sourcepage=register where you can register. I was told by my guide that he heard it was targeting new members, just like you! You may want to watch and see how it compares to what is going on right now.

The great thing is, even if you start the process now, watch the event, and find the incentives better, you can just call your guide and ask to have the new ones!!!

Good luck!!

Thanks - already signed up for the 6/10 webcast and will meet with my guide a few days later to finalize plans depending on which incentives are better : )

 

[RahRah573]

Yes, if you want 200 BLT points, they will break them into 2 100 point contracts. A few months ago, the answer would have been no, but we are hearing a lot of stories of new members getting to split up contracts as long as the total they are buying more than 160. And, since you are at the 200 point level, you qualify for the best incentives right now (providing you have a member referral).



Good luck!!

We just purchased at BLT (final paperwork signing and all that in progress) 250 points and split out contract as 100 + 50 + 50 + 50, so we have one member number and four contracts. If they're buying 200 points, they may want to ask for 100 + 50 + 50 so they have smaller, easier to sell if needed in the future, contracts to work with. We were also able to request the June UY we preferred....and the guide made our reservation we wanted for us, which was converted today from a "hold" to a reservation now that we're in the system!

 

[CarolA]

I guess what I'm ultimately wondering is this. If I have a good chance to get BCV or AKL (club level) at 7 months,

BCV maybe... It's harder early Decemeber and during Food/Wine. It's a small resort with loyal owners

AKL Club Level No! I think this was a HUGE error on Disney's part and for the most part it's going to be an 11 month booking and even then you will have to be lucky!

 

[Mtnman44]

Splitting the contract is a VERY good idea. I would just add the following advice: DON'T make this decision under time pressue or worrying about incentives. Remember, the "incentives" are just a marketing technique to mark down the "MSRP" price to the actual price, which gives the impression of savings or a deal. Remember that the price is what people pay for DVC, not an imaginary number that gets marked down.

Also, don't let expiring "incentives" rush your decision. There is always an incentive. Plus, the resell market is always active with contracts. A year from now there will be many people selling BLT contracts who have decided they made the wrong decision (for them). These will likely sell at about the same or slightly less than the incentive price right now. Example, plenty of excited people bought AKV as soon as it was available. Nothing wrong with that but if it wasn't the right time back then or if someone wasn't sure, they could still buy right now and not lost any "savings" opportunity. Look at the resale listings, there are plenty of AKV contracts in the $85 per point range. That is about $10 cheaper than the AKV incentive prices were if I'm not mistaken.

The point is, this is NOT a do it now or never situation.

Thank you all for the advice. I've done a little more homework and it looks like there are only 5 AKV club level rooms (well 5 of the 2 br lock-offs, or 5 studios and 5 1 br units.) And we'd always need at least 1 br. With that in mind, I don't think I'd buy AKV points knowing that even 11 months out, my chances of getting what I want are slim. If all I want is to stay at a regular AKV unit, I hear it is a large resort and there is usually availability at 7 months. I'm thinking now to go with maybe 200 BLT points, split into 2 contracts (can they do that or does each one have to be 160 or more?) And then look for an ideal BCV resale (with a UY that suits us) of 100 points or so - and I don't have to do that right away, making my up front costs a little more palatable : )

 

[logan115]

You can also have you guide get you all the paperwork based on the current incentives on around June 10, and since you still have 10 days to sign and return you can wait and see what the next incentives are - that way you can pick which set of incentives is better for you.

Chris