theoretically, cost of KT@DCR?

[booger73]

If you look here (as of 8pm today, at least), there's a sample purchase contract...

http://www.carolinayankee.net/parking/17_KTR_Purchase_contract.pdf

which gives two interesting facts

KT@DCR ends on Jan 31, 2060 - if you didn't know that

and

The sample Purchase price in the contract is $25650 with some extra costs
If you assume that's 200 points = that's ~$128.25/pt by the way

If you assume that's only 160 (yikes! as the contract says) that's >$160.

$128 probably ok, if discount.. $160/pt ? imho, no way!

{It was also mentioned that the only 'whole #' that truly divides is $114/point * 225 pts.

PS in a separate document (KTR_budget), the estimated dues assessment for 1/1/2009 to 12/31/2009 is $3.68/point

 

[pixie08]

$160/ per point

You just killed by owning KT dreams Hope that is not true. Even $128 is a bit steep but maybe with a great incentive...$160- no way!

 

[Nikisha421]

get ready because those numbers sound crazy

 

[alldiz]

Sheesh.....I don't think it will be that high....or they will have a lot
of unsold contracts.
Kerri

 

[todd222222]

This is my guess : $114/point * 225 pts.

Even now while you can buy 160 points the push 220 points as the number an "average" family "needs."

s

 

[TisBit]

This is my guess : $114/point * 225 pts.

Even now while you can buy 160 points the push 220 points as the number an "average" family "needs."

s

I agree you will probably see the minimum number of points for buy in go up when KTR comes online, or shortly there after.

 

[drusba]

My guess: it is what it is--just a sample contract with a number for sale price chosen that bears no relation to any price per point that will actually be charged. Also, they probably did it that way to assure no one who viewed this particular filing could determine the actual price per point that will be charged, which itself is probably not even yet definite.

 

[Mtnman44]

My vote is that the final price after whatever "incentives" are offered will be about $2 to $4 per point more thant the equivilant AKV or GCV contract. I don't think DVC can get away with charging a premium of $10+ per point simply for a 4 month home resort booking advantage and a couple more years of contract length.

 

[edk35]

My vote is that the final price after whatever "incentives" are offered will be about $2 to $4 per point more thant the equivilant AKV or GCV contract. I don't think DVC can get away with charging a premium of $10+ per point simply for a 4 month home resort booking advantage and a couple more years of contract length.

I don't think they will even need to offer incentives. I don't believe they will have a problem selling KT I personally think the reason they offered incentives like double developer points and such is because SSR was not selling like they would have liked. Even AKV has had a lot if incentives and it is still selling sort of slow.

 

[CinderellasSister]

Wasn't there something in that paperwork that I read about 230 points being an average 1 week stay? So if you take that amount of points, divided by $25650, that brings the per point value to $111.

I'm just wishful thinking here, aren't I?

 

[rantnnravin]

If you look at the numbers on the contract, when subtractions are made for closing costs and such, the numbers don't add up.
There are $303 in closing closts, there is approximately (don;t remember the figure offhand) $5000 down payments and approx. $17000 balance?
nope, definitely not real numbers.

 

[spruce]

My vote is that the final price after whatever "incentives" are offered will be about $2 to $4 per point more thant the equivilant AKV or GCV contract. I don't think DVC can get away with charging a premium of $10+ per point simply for a 4 month home resort booking advantage and a couple more years of contract length.

Why not, DVC charged OKW owners either $15 or $25 per point for extra years.

 

[JimMIA]

I think the price for the Contemporary will be around, or maybe slightly above, $120. That's factoring in a price increase in AKV/SSR between now and the opening of Contemp sales, plus $8-10 per point. I don't think they'll have any difficulty getting $120.

ETA: If you don't think they can get $10+ whatever they are getting for AKV, just go look at the price differential for BCV resales over other properties.

Why? Supply and demand.

 

[Tiger926]

I'm confused? What is this contract? Where did it come from?

What am I missing? Tiger

 

[jkomoros]

If/when there is a price increase in these resorts from DVC, how does it generally change the resale price? We just passed ROFR and we're waiting for the contract to arrive, so we're new to this whole process. I want to do an add-on already, but I know my husband will want to wait awhile to settle in. Will a price increase substantially make resale prices go up over time, too?

 

[PEANUT1]

I don't think they will even need to offer incentives. I don't believe they will have a problem selling KT I personally think the reason they offered incentives like double developer points and such is because SSR was not selling like they would have liked. Even AKV has had a lot if incentives and it is still selling sort of slow.

I agree. Unfortunately, I don't think they will have incentive...at least not in the beginning. I don't know if I would have the patience to wait for an incentive to buy.

 

[a Really Bad Egg]

I think it's going to be $114/pt...

...with incentive of maybe $10/pt off if you buy early.

 

[Alexander]

What I find more interesting is the end date 2060. If these will be 50 year contracts and this is accurate, then I guess we won't have to worry about the point cost until 2010!

 

[DISNEY FIX]

I think it's going to be $114/pt...

...with incentive of maybe $10/pt off if you buy early.

That would be nice.

Do you have any facts to base this on. I love this stuff.

 

[a Really Bad Egg]

Do you have any facts to base this on.

None at all...just a guess based on the sample contract doc that was posted on the carolinayankee web page.

Could be a fictitious amount, or could be a way to get a number out there so people get over the shock value.

But the real point is...I'm clueless to the facts.