VWL contracts price through Disney?

[bellablue2]

hope you went resale or are going to. this focus on price per point over the life of the contract seems a naive way to look at the new resorts versus the old.

2042 is a long way away...not the day after tomorrow...with vwl resale price about 60% of direct.

 

[hebbynan]

Unfortunately things at my job took a turn (and not for the good) so I am in the middle of looking for a new one - didn't loose my job, just not a good fit for me anymore after 9 years.

So....we are on hold for now. But I can tell you that when we buy (and we WILL BUY) it will be resale. The higher price just to go through Disney is just not worth it. The only thing we would most likely be doing with our points- other than staying at VWL - would be to go to Aluani or Disneyland. That would probably only be a one time thing anyway. It just makes more sense for us to go resale!

But thank you all for your help! You guys are regular know-it-alls...and I mean that in a GOOD way!

 

[BWV Dreamin]

If a new section of DVC were to open at VWL why would there need to be an extension? New contracts get longer years at double the original 2042 prices. Seems fair to me. No restrictions or differences need to be made between the two end years. FWIW would not extend if offered.

They would have 2 options to add a new option at WL. They could do a new and totally separate (legally) resort with a new RTU expiration and separate inventory. Or they could add a new section and roll it in to the current resort, inventory, etc. For the former it'd be no different than a new resort elsewhere where even the current VWL owners would only have 7 month access and vice versa. For the latter, they'd have to extend the land lease or have the new section be the same RTU expiration of 2042. Any extension would require some sort of interaction with the current owners. They have to do an extension of some sort that would extend the current VWL owners or get them to sign off on a waiver much like they did with OKW.

As for what is likely to happen, it depends on info we don't have such as volume and retail demand of the points at the current price and expiration. I'm not seeing a large volume addition expiring in 2042 but if it's fairly small it might work out. Of course they could get creative with fixed weeks, discounts, other incentives like they did early at SSR.

 

[Msmithmd]

One wonders if the rumored DVC expansions into the hotel portions of WL, BC, and BW have anything to do with the recently reported impending direct price increase of all these resorts to $155...it's going to be an interesting next few years!

 

[Dean]

If a new section of DVC were to open at VWL why would there need to be an extension? New contracts get longer years at double the original 2042 prices. Seems fair to me. No restrictions or differences need to be made between the two end years. FWIW would not extend if offered.

I think you misread what I wrote or maybe I didn't say it well. I was saying there are 2 options. One to put a totally new and legally unrelated resort also at VWL. If they went this route they wouldn't have to extend the length over the current resort but almost certainly would. Adding to the current resort has an A & B option. With A being to keep the RTU the same and B being to extend. If they extended in that way they'd either need to extend the entire land lease or come up with some way to offer an extension to current owners. If they did an addition, I'd also expect an extension though, it doesn't make sense to do a major addition that expires in 27 yrs.

Now since the RTU is tied to the land lease, they would by default extend the current owners or have to get them to sign over those rights in some manner like they did with OKW. Remember the RTU is directly tied to the land lease, it's actually the land lease that determines the expiration. My position on OKW was that an owner who didn't sign over would likely get the extension by default simply because the POS does not give the authority to do a special assessment or restrict the membership for this purpose. Ultimately I'd suspect DVD would negotiate with such an owner to avoid that precedence. Has anyone heard of DVC levying a special assessment in this situation?

 

[newfangled]

As others mentioned we were offered $130 per point for VWL if we went direct from Disney. (they did offer a $5 discount to make it $125 - this was in November). I understand with the upcoming price increase they will raise the direct price to $155 for VWL.

So we went resale...no-brainer really. We'll pay cash for cruises if/when we want to do them.


My crystal ball tells me that additional rooms will be added at the lodge (converted) and those contracts will be sold with a later expiration (the DVC land lease shall be extended). Current VWL owners will be offered an extension (for a price).

 

[miprender]

One wonders if the rumored DVC expansions into the hotel portions of WL, BC, and BW have anything to do with the recently reported impending direct price increase of all these resorts to $155...it's going to be an interesting next few years!

Yikes Is that what the direct sale price is right now?

We were thinking of buying at the Poly but $160 is just too high so I would love to add to my WL points but for that price I would just buy Poly.

 

[Dean]

Yikes Is that what the direct sale price is right now?

We were thinking of buying at the Poly but $160 is just too high so I would love to add to my WL points but for that price I would just buy Poly.

Or likely better, if the WL is your preference, go resale.