Spring Direct Incentives 2/9-4/27

[Tatebeck]

In context, it is what was said because @Cfabar1 was replying to my post comparing purchasing PVB or BLT for less more up front when I want to swap to VGF. Dues would be a consideration in that analysis.

Yeah I can see it now, and it would be a consideration between monorail resorts. The post just wasn't direct quoting anyone so it looked like they were possibly just saying they felt BLT had high dues overall (which again it doesn't) or otherwise just saying it was high for the monorail resorts (which while being the highest of the 3 isn't really "high" relatively)

 

[PolyRob]

Yeah looks like it, and it would be. The post just wasn't direct quoting anyone so it looked like they were possibly just saying they felt BLT had high dues overall (which again it doesn't) otherwise just saying it was high for the monorail resorts (which it also really isn't)

Ahh yes, I see my post he replied to wasn't quoted.

 

[AstroBlasters]

It’s fun seeing two other people devolve into a shared Grand Floridian resale madness.

 

[VGCgroupie]

Only advantage BLT offers is the points chart. But the dues are high.

PVB the points chart and availability are stacked against me for the room types I want.

Remember when BLT was touted for some of the lowest dues? Oh how things can change unexpectedly.

 

[maui22]

Remember when BLT was touted for some of the lowest dues? Oh how things can change unexpectedly.

Am I missing something? Doesn’t BLT have the third lowest dues? (After a full rehab).

 

[VGCgroupie]

Am I missing something? Doesn’t BLT have the third lowest dues? (After a full rehab).

No. Just saying it was the highest % increase and now it’s no longer the excellent dues value it once was. Not saying it’s still not relatively low. The point is nobody can predict what will happen at each resort. What is the best dues today may not be next year.

 

[airjay75]

https://www.dvcresalemarket.com/buying/annual-dues/

I think the thing that some folks look at with BLT and see potential cause for concern has been the compounded annual growth rate (CAGR) of its dues. At 5.3%, it's higher than every WDW resort and exceeded only by HHI and VGC. Of course, that's just percentage increases, not the current actual dues itself, which are the 3rd lowest. But, when a resort has been around 10+ years, I don't think the CAGR is something to be completely ignored. Sure, the next 10 years might reverse that trend - but the past is all you have to go off of when deciding something today.

 

[atthebeachclub]

No. Just saying it was the highest % increase and now it’s no longer the excellent dues value it once was. Not saying it’s still not relatively low. The point is nobody can predict what will happen at each resort. What is the best dues today may not be next year.

I’ve always wondered how VGF was the lowest dues, aside from the point chart. I’m trying to buy at PVB partially for the dues, which I suspect will stay lower with the exorbitant point chart.

(My other reasons for PVB, if interested: the monorail situation there with the TTC, first bus before VGF, many food options, fireworks from the beach, fun pool, and I also like that even though the point chart is insane, 1 BRs at PVB have 2 bathrooms and 2 bedrooms have 3 bathrooms. And I generally like how the Poly tower looks inside.)

 

[PolyRob]

I’ve always wondered how VGF was the lowest dues, aside from the point chart. I’m trying to buy at PVB partially for the dues, which I suspect will stay lower with the exorbitant point chart.

(My other reasons for PVB, if interested: the monorail situation there with the TTC, first bus before VGF, many food options, fireworks from the beach, fun pool, and I also like that even though the point chart is insane, 1 BRs at PVB have 2 bathrooms and 2 bedrooms have 3 bathrooms. And I generally like how the Poly tower looks inside.)

I think being so point heavy per unit with a smaller number of units helps keep the dues low.

@ehh 's "Most Economical Resort - Beyond Year 1" thread states it will be the most economical by 2064 so I reassure myself buying more now is fineeee

 

[Tatebeck]

I’ve always wondered how VGF was the lowest dues, aside from the point chart. I’m trying to buy at PVB partially for the dues, which I suspect will stay lower with the exorbitant point chart.

(My other reasons for PVB, if interested: the monorail situation there with the TTC, first bus before VGF, many food options, fireworks from the beach, fun pool, and I also like that even though the point chart is insane, 1 BRs at PVB have 2 bathrooms and 2 bedrooms have 3 bathrooms. And I generally like how the Poly tower looks inside.)

I have been eyeing Poly as well, and it would probably be my number 1 addon, either that or Aul(s) if we love Aulani.

Almost went for Poly instead of BLT when I bought in originally a few years ago, but that was before Poly tower and I love the 1BRs there too. Helps the resort not feel as overly busy as well when over at the tower. I hear you with the great placement for travelling out of Poly. Regular stop and TTC, earlier Bus stop helped quite a bit when we stayed there.

If only they have a good sale direct at some points I could get another good resort with low dues and SAP+ for more of the new future properties. I do want to see what LSL turns into, though not sure if we would buy in there

 

[Cfabar1]

I buy based on what I like and the points charts and the initial buy in

I don't buy based on dues cost with a couple exceptions... even then I tend to think of it from the standpoint how low should my offer be to offset a VB, HHI, or OKW dues amount...

 

[AstroBlasters]

https://www.dvcresalemarket.com/buying/annual-dues/

I think the thing that some folks look at with BLT and see potential cause for concern has been the compounded annual growth rate (CAGR) of its dues. At 5.3%, it's higher than every WDW resort and exceeded only by HHI and VGC. Of course, that's just percentage increases, not the current actual dues itself, which are the 3rd lowest. But, when a resort has been around 10+ years, I don't think the CAGR is something to be completely ignored. Sure, the next 10 years might reverse that trend - but the past is all you have to go off of when deciding something today.

VGC catching some strays…..

I think the fact that a whole tower of VGF is just hotel rooms helps keep the costs down as well.

I wonder if resorts that are more studio heavy in general have a lower dues growth rate simply because they are a lot less bathrooms and kitchens for things to go wrong in…..

I guess VDH will be an interesting test case for that.

 

[Brian Noble]

I think the thing that some folks look at with BLT and see potential cause for concern has been the compounded annual growth rate (CAGR) of its dues.

I think at least part of this is policy decisions around the initial Dues figure for a resort.

BLT was before the AUL Dues debacle. For those who weren't around at the time, AUL's Dues were mis-calculated (and far too low) when it went on sale, and several senior DVC folks lost their jobs over it. Since then, most new builds have come out with Dues estimates on the high side, followed by quite low increases. For example, when RIV came online, people were apoplectic about how high the Dues were. But after years of below-average increases, it's now more or less in the middle.

GFV (1.0 and 2.0), PVB, and PIT are all post-AUL. Throw in the (much) higher point charts at the former, and I'd bet that the cost-per-room-night in Dues is probably not all that far off. If you are mostly a home-resort person, then that's not a terrible thing.

 

[Tatebeck]

I think at least part of this is policy decisions around the initial Dues figure for a resort.

BLT was before the AUL Dues debacle. For those who weren't around at the time, AUL's Dues were mis-calculated (and far too low) when it went on sale, and several senior DVC folks lost their jobs over it. Since then, most new builds have come out with Dues estimates on the high side, followed by quite low increases. For example, when RIV came online, people were apoplectic about how high the Dues were. But after years of below-average increases, it's now more or less in the middle.

GFV (1.0 and 2.0), PVB, and PIT are all post-AUL. Throw in the (much) higher point charts at the former, and I'd bet that the cost-per-room-night in Dues is probably not all that far off. If you are mostly a home-resort person, then that's not a terrible thing.

Exactly. At resorts where they may have underestimated dues originally, the percentage increases will be larger. At resorts they overestimated dues originally, the percentage increases will be lower. They didn't perfectly guess the starting spot for dues at every resort.

And for the current and future dues, it doesn't matter where the dues originally started or what percentage it grew in the past, just how much it actually costs to run the resort and the point charts, which are the most important factors

 

[walt34]

I wonder if resorts that are more studio heavy in general have a lower dues growth rate simply because they are a lot less bathrooms and kitchens for things to go wrong in…..

Considering how much time I spend cleaning the kitchen at home, I've always wondered how much time housekeeping spends on the kitchens. Do they clean everything, or only if it looks dirty?

It won't surprise you that I don't use anything in a DVC kitchen without cleaning it myself first.

 

[Cfabar1]

Considering how much time I spend cleaning the kitchen at home, I've always wondered how much time housekeeping spends on the kitchens. Do they clean everything, or only if it looks dirty?

It won't surprise you that I don't use anything in a DVC kitchen without cleaning it myself first.

I don’t know about Disney, but Vistana definitely does not clean everything… we learned quickly to put everything in the dishwasher just in case…

 

[Brian Noble]

I would assume anything in a cabinet when Housekeeping gets there is staying in that cabinet. So if a guest puts back a less-than-clean item, it's going to just be waiting for you to check in.

I don't worry about it that much, but I also eat raw fish. YMMV.

 

[AstroBlasters]

Considering how much time I spend cleaning the kitchen at home, I've always wondered how much time housekeeping spends on the kitchens. Do they clean everything, or only if it looks dirty?

It won't surprise you that I don't use anything in a DVC kitchen without cleaning it myself first.

My oldest has takes a medicine that lower his immune system and the first thing my wife has us do when we get to a new room is have us go around with Clorox wipes to wipe down everything we would touch (door handles, light switches, faucets, chairs, tables, remote controls, phones, etc). Then once the boys and I are done she goes back over certain spots with a hospital grade bleach wipe….

So…. I get it….

 

[atthebeachclub]

My oldest has takes a medicine that lower his immune system and the first thing my wife has us do when we get to a new room is have us go around with Clorox wipes to wipe down everything we would touch (door handles, light switches, faucets, chairs, tables, remote controls, phones, etc). Then once the boys and I are done she goes back over certain spots with a hospital grade bleach wipe….

So…. I get it….

Your wife is a great mom. Your kids lucked out!

 

[Patmcpsu]

My theory remains that the refurbs for every resort will come with a big dues increase afterwards. The amortization for refurbs would have began on pre-covid pricing. When the bill comes due for the post-covid refurb, the dues will adjust accordingly. At a minimum, I think a little bit of "catch up" is unavoidable.

Maybe the bean counters have the good sense to increase the budget for the refurb based on inflation levels AND making up for the years they collected at pre-covid levels.