skier_pete
DIsney-holics Anon
- Joined
- Aug 17, 2006
- Messages
- 13,057
I'm not going to talk you out of it, we bought a small contract there about 7 years ago and I only wish instead of 75points I bought 100 because they shifted the points per night in the fall so we can't stay as many nights as we had planned.
What you have to be is OK with what you are spending. If you pay $115 for an 18 year contract, that's about $6.38 / point, plus dues at $8.67 per point is $15.85 / point, with that number going up annually. (This is assuming resale.)
Let's say you buy Riviera direct instead at $210 a point with 46 years left, plus $8.85 dues you are looking at $4.56+$8.85 = $13.41 / point, about $2.44 / point less. Now the problem there is that you will likely need more points per night at Riviera than at Boardwalk, so Boardwalk may actually be cheaper because you don't need as many points!
This of course doesn't factor in you "selling" the contract. In 18 years the BWV contract will be worth ZERO. In 18 years the Riviera contract will still be worth SOMETHING. Hard to predict what but perhaps $150-200 a point? If you don't care about getting that money back or your kids getting that money back then what's the difference. By the BWV contract that makes you happy.
What you have to be is OK with what you are spending. If you pay $115 for an 18 year contract, that's about $6.38 / point, plus dues at $8.67 per point is $15.85 / point, with that number going up annually. (This is assuming resale.)
Let's say you buy Riviera direct instead at $210 a point with 46 years left, plus $8.85 dues you are looking at $4.56+$8.85 = $13.41 / point, about $2.44 / point less. Now the problem there is that you will likely need more points per night at Riviera than at Boardwalk, so Boardwalk may actually be cheaper because you don't need as many points!
This of course doesn't factor in you "selling" the contract. In 18 years the BWV contract will be worth ZERO. In 18 years the Riviera contract will still be worth SOMETHING. Hard to predict what but perhaps $150-200 a point? If you don't care about getting that money back or your kids getting that money back then what's the difference. By the BWV contract that makes you happy.