Stripped DVC pricing

[TinyTGO]

Does anyone have any idea whereabouts "stripped" DVC's are selling for? We are closing on our first DVC points in the coming weeks (SSRs), but we want to add more... obviously. My thought here was I bought our first contract with a few banked points and all futures points so that we can start using them right away. It cost a little more, but kind of takes the wind from your sails if you get your first set of points and then look at your wife and say "only 2 years to go honey..." Not going to go over well in my household.

Anyway looking forward, it seems logical that if we want to add points, to add a cheaper empty contract. That way, we'll have points to hold us over, and in 2 years we'll have all we want.

Thoughts? Ideas on what an empty SSR should be priced at?

 

[Looptyloo]

From what I've seen, stripped contracts aren't that much cheaper than loaded ones. Of course, you could always offer lower and see if it works out... The general consensus I see though is buy loaded, sell stripped.

 

[dsnydaddy]

I suppose it depends upon how stripped. A contract with banked points will command a good price. More toward the top end of the current pricing spread. Fully stripped? Not really worth my time. I'd not want to wait a year or two to utilize something that I have purchased. But, if I were to entertain that idea, I'd be looking at the value of the points that were borrowed and subtract that amount. i.e. If I can rent out points for $12 per point then that is what I'd want to discount the contract for. Now, that said... It's really up to the seller if they want to go that low.

 

[supersnoop]

In my experience, extra or missin points tend to be worth $5/point on the resale market; or pretty close to the maintenance fee. Those same points are worth $11-$14 on the rental market. It's almost never a good idea to buy a stripped contract.

 

[Friendlyadvice2]

I agree with supersnoop; it's generally always better to buy a loaded contract versus stripped even if you have to list the "free" points for rent with a broker. There are many contracts currently listed for sale with no MF for 2016 thereby making any current or banked points "free". I'd find one of those with a buy-in price in my target range and offer on it before I'd go with a stripped contract.

 

[Dean]

Does anyone have any idea whereabouts "stripped" DVC's are selling for? We are closing on our first DVC points in the coming weeks (SSRs), but we want to add more... obviously. My thought here was I bought our first contract with a few banked points and all futures points so that we can start using them right away. It cost a little more, but kind of takes the wind from your sails if you get your first set of points and then look at your wife and say "only 2 years to go honey..." Not going to go over well in my household.

Anyway looking forward, it seems logical that if we want to add points, to add a cheaper empty contract. That way, we'll have points to hold us over, and in 2 years we'll have all we want.

Thoughts? Ideas on what an empty SSR should be priced at?

Stripped contracts consistently sell for more than the value of the lost points. I don't recall an example of an exception where one received an appropriate reduction on the lost points either in terms of price or dues. Finding a fully loaded contract is almost always the best $$$ deal. For difficult to find options it may be worth it if you find the home resort and number of points at a "reasonable price" that's stripped. For SSR it shouldn't be an issue. If you could find the right price on a stripped contract, I wouldn't worry about that one trip anyway. Also, if one buys a full loaded contract they might be able to get by with a few less points total.

 

[Popouri DVC]

We bought fully stripped contracts for our VGF add-on. But they were two fifty point contracts and were our exact use year. To me it was "worth it" to find the contracts that match my master membership perfectly.

 

[gmboy95]

Does anyone have any idea whereabouts "stripped" DVC's are selling for? We are closing on our first DVC points in the coming weeks (SSRs), but we want to add more... obviously. My thought here was I bought our first contract with a few banked points and all futures points so that we can start using them right away. It cost a little more, but kind of takes the wind from your sails if you get your first set of points and then look at your wife and say "only 2 years to go honey..." Not going to go over well in my household.

Anyway looking forward, it seems logical that if we want to add points, to add a cheaper empty contract. That way, we'll have points to hold us over, and in 2 years we'll have all we want.

Thoughts? Ideas on what an empty SSR should be priced at?

well "stripped" is a relative term....any contract is only the use month away from being able to borrow.....so in essence you would really be sacrificing the final year of the points if you borrow year to year, or you can choose to catch up at your convenience during a year you choose not to go

 

[codina818]

Looking at the various boards, it seems that about 80 or so for stripped contract is about right

 

[DougK]

We bought fully stripped contracts for our VGF add-on. But they were two fifty point contracts and were our exact use year. To me it was "worth it" to find the contracts that match my master membership perfectly.

This is the best reason to buy stripped contracts. On top of a (usually) lower price per point, you are getting the use year you want and the amount of points you want. If you are not getting all of that then there is no real good reason to buy stripped as far as I can tell.

 

[kapicka]

I agree that you should buy a contract with points, and even banked points when possible. Be careful to watch expiration dates of those points because sometimes it can take longer than expected for the contracts to close.

We purchased 1 contract which was completely stripped (because it was such a good deal) and it felt a little like when I bought my first computer back when computers just came with was Mine Sweeper and Solitaire and there was no facebook or disboards - and it felt like I just spent a bunch of money but didn't have anything fun I could do with it. It is hard to drop those funds and have to wait a year or more to enjoy it.