DIS Dads Talk DVC with the Dis Dads

[Goofy + 3]

For those who missed on the main thread, I bought a 100 point contract at Boardwalk at $67 per point. You have to add $582 for dues and $400 for closing costs and that is the total. It was advertised for 1 day.

All of our resale transactions have been through TSS and they are great to work with. Disney is great to work with as well, just cheaper through resale. I realize that now, any resales have restrictions about how you can use your points, but we only plan to use them at the DVC resorts.

Now, we have enough points for two studio stays per year - a week at BLT and a week at BWV. And, some SSR points to use as well. We still have to wait for ROFR, so we may not get those BWV points, but buying small resale contracts thru TSS has worked great for us.

Congratulations! We love the Boardwalk. They've really gone down in price the last few years for resale.

 

[AirGoofy]

Congratulations! We love the Boardwalk. They've really gone down in price the last few years for resale.

I noticed that as well. Think it's the expiration date? At first, I was worried about the contract ending in 2042. Then, I thought at age 68, how many more vacations do I really need to worry about.

 

[Goofy + 3]

I noticed that as well. Think it's the expiration date? At first, I was worried about the contract ending in 2042. Then, I thought at age 68, how many more vacations do I really need to worry about.

The end date is why I flip-flop between AKV and BWV. The extra 15 years would be nice but I love the location of the EPCOT resorts. Ultimately I agree with you though. By 2042 I will have gotten my money's worth. Was your contract loaded up or stripped?

 

[stopher1]

I noticed that as well. Think it's the expiration date? At first, I was worried about the contract ending in 2042. Then, I thought at age 68, how many more vacations do I really need to worry about.

Depends Norm... you could live in to you 90's. So many folks in their 70's are still very active travelers...

We have longevity in our family background, short of my FIL passing at 78, so we're hoping that it will be more of a problem to pass it on to our children than to worry about than have a contract that runs out while we're still kicking and wanting to go places!

All of ours will start to expire when we're 84. Hoping we will still be traveling up to that point. My FIL's last trip was when he was 77. My grandmother, who also passed last year at 93 took her last vacation at 88 - so yeah, we want contracts that last beyond out 60's!

 

[AirGoofy]

The end date is why I flip-flop between AKV and BWV. The extra 15 years would be nice but I love the location of the EPCOT resorts. Ultimately I agree with you though. By 2042 I will have gotten my money's worth. Was your contract loaded up or stripped?

No bonus. I get the 2012 points. I'm happy with that.

Depends Norm... you could live in to you 90's. So many folks in their 70's are still very active travelers...

We have longevity in our family background, short of my FIL passing at 78, so we're hoping that it will be more of a problem to pass it on to our children than to worry about than have a contract that runs out while we're still kicking and wanting to go places!

All of ours will start to expire when we're 84. Hoping we will still be traveling up to that point. My FIL's last trip was when he was 77. My grandmother, who also passed last year at 93 took her last vacation at 88 - so yeah, we want contracts that last beyond out 60's!

True, and while I hope for many trips after that, I will still have my BLT and SSR points. Plus, my goal is to retire to live close to WDW or coast. They may offer an extension like at okw. But, if not, i'll have to settle for BLT.

 

[stopher1]

As of yesterday, 2/21, Saratoga Springs is once again officially listed as "Sold Out", though the reality is of course that they'll still sell points to people that want them, provided they have them in inventory. This is now the 2nd time the resort has reached the sell out status. The first time was through the normal course of sales of the original resort, and now this time it's from the addition of the 60 Treehouse Villas that became part of SSR when they opened in June 2009. Most recently the focus of the WDW sales team has been SSR, moving points at $99 per point. Granted a lot higher than many resale contracts, but for folks who wanted to buy direct for one reason or another - it sure beat $150 at BLT!

The next active focus is going to be AKV. They want to move those points, but according to a poster on DVCNews who regularly follows and tracks all DVC sales data, Disney still holds something like 2.5M points there to sell before it will be off the active sales market.

By reaching this milestone, DVC now only has a very small number of points available at BLT, a large number of points available at AKV, and a sizeable number of points available at Aulani. I believe they will work hard to reduce AKV as much as possible before they start sales of the new Grand Floridian Villas. From a few in the know that I know, management, while happy to have inventory to sell, wasn't thrilled with having so many active properties at WDW all at the same time. It'll be interesting to watch and see what they do with the AKV price point, which has recently risen to $135 pp. My guess is they'll lower it to spur sales for a while, then get cocky and raise it again.

 

[AirGoofy]

I was hoping they would drop the BLT points to sell out, but I guess not. I was hoping for another 50 there. But, 100 (fingers crossed) at BWV worked out well for us. No more addons for awhile.

 

[Grubbsy]

Being the newest member to DisBoards, I am also behind on my knowledge of DVC.

My inlaws are members and they love it. I just can't get my head wrapped around the "maintenance fees"

Also, I know you can buy points from different websites. Is there one in particular I should be looking at? I usually look here. Is that the best resource?

 

[AirGoofy]

Being the newest member to DisBoards, I am also behind on my knowledge of DVC.

My inlaws are members and they love it. I just can't get my head wrapped around the "maintenance fees"

Also, I know you can buy points from different websites. Is there one in particular I should be looking at? I usually look here. Is that the best resource?

I bought and sold mine resale from Timeshare Store, sponsor above. They were great. As for maintanence fees, think of it as $500 for 100 points. That is not an exact number, but a round figure. If you own a 100 points at a DVC resort, that is a week at a studio, depending on the season. These are deluxe rooms, which means closer to theme park, amenities, fridge, lower bus traffic, games and slides at resort pools, dining, etc.

So, you figure the cost of a direct or resale purchase vs paying to stay at the resort OOP. Yes, the buy in is steep (less for resale) & you add dues each year. But, you only pay the buy in once as opposed to each trip. Think of it as pre-paying 40 years of hotel stays on property at Disney resorts.

 

[RodBelding]

Guys, just a reminder that the property tax portion of your annual dues should be deductible on your tax returns. Don't forget to include it when you do your taxes.

 

[AirGoofy]

Guys, just a reminder that the property tax portion of your annual dues should be deductible on your tax returns. Don't forget to include it when you do your taxes.

Definitely.

 

[AirGoofy]

We officially passed ROFR for BWV resale. Now, just have to sign the contract and send the money. Hopefully, the contract and points will be finalized in time for me to book April 2013 at the Boardwalk. A Fall Break BLT trip and BWV Spring Break trip. Thanks DVC. I guess there is still an option we may go to Vero Abeach resort next Spring Break.

 

[that's nice]

Hey...

Thanks for setting up this thread Carl. Thanks Stopher (and everyone else) for all your DVC knowledge.

I've been researching houses south of Rt. 192 in the Windsor Palms Windsor Hills area. While there are great deals in the housing market, the rental market is saturated with rental houses. Looking on VRBO and other home rental sites makes me scared to buy a house to try to break even.

With that being said, DW has been talking about DVC. She isn't too enthused with buying a house at this time. I've started researching DVC and I have only gotten through the first 4 pages of this thread. I'm sure I'll have some questions for you guys. Who knows, maybe I can join your club soon.

 

[that's nice]

I just though of my first question (first of many I'm sure)...

What is the advantage of buying DVC direct from Disney. I do know about the changes in use (ie transferring DVC for DCL, adventures by disney etc) of the resale points vs direct points. I was looking at some 250-260 point contracts on resale that don't seem to be too expensive. I think that is the amount of points I would need for 2 trips per year or enough to bank for a trip that includes extended family.

Thanks!


EDIT:: Guess I should of read the entire thread before I asked questions... pg 14 http://www.disboards.com/showpost.php?p=43937800&postcount=209

 

[AirGoofy]

I just though of my first question (first of many I'm sure)...

What is the advantage of buying DVC direct from Disney. I do know about the changes in use (ie transferring DVC for DCL, adventures by disney etc) of the resale points vs direct points. I was looking at some 250-260 point contracts on resale that don't seem to be too expensive. I think that is the amount of points I would need for 2 trips per year or enough to bank for a trip that includes extended family.

Thanks!


EDIT:: Guess I should of read the entire thread before I asked questions... pg 14 http://www.disboards.com/showpost.php?p=43937800&postcount=209

That's the main advantage. The others is time. With resale, you wait a lot longer for points. Also, with a new DVC, you may get developer points and basically get 2 years of points for price of one.

 

[patkingpin]

I am about to pull the trigger finally!!
I spoke with a DVC rep tonight for about a half hour. He was great and answered all of my questions. Now to finalize the math and tell myself everything will be ok.
I am going to be the proud owner of 245 points at BCV!!!!

 

[AirGoofy]

I am about to pull the trigger finally!!
I spoke with a DVC rep tonight for about a half hour. He was great and answered all of my questions. Now to finalize the math and tell myself everything will be ok.
I am going to be the proud owner of 245 points at BCV!!!!

That is terrific. BC is the only WDW DVC resort we haven't stayed, but plan to get there one day. Welcome home.

 

[patkingpin]

Thanks!!!
I know it makes sense for us because we stay at the BCV every trip in a one bedroom villa. Instead of paying rack rate, this makes much more sense to us. Plus, we want to go to Hawaii next year and this will get us there!!

 

[AirGoofy]

Thanks!!!
I know it makes sense for us because we stay at the BCV every trip in a one bedroom villa. Instead of paying rack rate, this makes much more sense to us. Plus, we want to go to Hawaii next year and this will get us there!!

We did a 1 BR stay one time at SSR and were blown away by the room. Currently, we have the option of two trips a year in studios or one trip a year in 1 BR. We have opted for 2 trips. My dds are now 10 & 8, and that extra space (& extra bathroom at BLT) looks promising. I see a new addon in the horizon.

Have fun planning. I did excel spread sheets through 2018 for a few of them (assuming no point changes) about borrowing points, different size rooms, multiple trips, etc. Just even more fun.

 

[The Disney Fanatic]

I guess it is time for me to come on home too!