What do you think will happen with BC, WL, and BWV

[sweetdana]

Do you think Disney will extend the contracts, or maybe wait until the end and start over?

I think they will extend BWV and WL, but maybe keep BC as they are nearly always out of rooms, and fill up there points worth of villas nearly every day. I think they do not want people buying a resale BWV with say 5 yrs left, as it is a win win for a young family. So I think if they do not, I think they will ROFR when there is very little left on the contracts. Ideally the timeshare idea forces you to make a long term commit in this case to visit DW.


I also think it will happen in the next 5 yrs, and be way more than the OKW extention.

 

[disneynutz]

I voted other. Disney will do what ever makes them the most money.

Bill

 

[jennypenny]

I was told by someone who's worked at DVC since the beginning that we will be offered extensions (I own BCV) but much closer to the expiration date.

 

[hakepb]

I think they would rather sell an additional 50 years vs extending (and all of that hassle, again)

 

[JWG]

I believe they will do a combination of:
- Offering extensions to a new date much further out than they did for OKW
- Well start selling new contracts based on those who don't extend by some expiration date
- Will come up with a new points allocation scheme

 

[Caren90]

I believe they will do a combination of:
- Offering extensions to a new date much further out than they did for OKW
- Well start selling new contracts based on those who don't extend by some expiration date
- Will come up with a new points allocation scheme

I agree with this. Disney is very much about the money (along with providing a great product), as all good and successful businesses should be. Because of this, they will consider the path of least resistance first- the already captive consumer who already owns and is used to paying MF's.

This post explains a fairly simple yet financially sound business plan of action.
Nice work, the Mouse may want to offer you a job.
Stephen

 

[rock_doctor]

It is likely as DVC contracts expire they will tear down the buildings and build new. Then sell as new... Most amount of money per point, least maintenance costs (not maintaining the old structure nor paying to refurb), and a forever new or nearly new inventory of resorts. There is no doubt in my mind when 2060 cranks by they are demo-ing BLT (my HR) and a new improved building will sit on its location a year later. If you really think about it they make back their investment several times over when they build a new DVC resort.

 

[OrangeCountyCommuter]

I think they will let them expire and either rebuild or resell. No ROFR will be required. You and I won't be able to give our points away with just a few years left on them

 

[XGrumpy1]

I voted that there will be no extensions. I don't think OKW went very well.

 

[bnk1120]

I own at VWL and don't think I would buy an extension if they offered it. Plan on buying an add-on at one of the newer resorts with longer contract date.

 

[Chuck S]

I don't think there will be an extension, given the problems with the OKW extension. I think they will let the contracts expire. They will either demolish of fully refurbish the units and resell them, probably giving current owners a discount if they repurchase. That way they'll avoid the legal headaches of an extension, like having to get all current owners that don't want to extend to sign deeds giving it back to Disney. They may give some sort of "prebuild" deal to current 2042 owners that repurchase before their resort re-opens, allowing them to use developers points at the remaining resorts (or at a non-DVC resort) while their home is being rebuilt/refurbished. Who knows what type of wiring (or wireless) devices and appliances my become standard by 2042 that would better fit into resorts that are stripped down to their skeletons and rebuilt? Not extending would allow Disney to install what may be "standard" hotel amenities of the time, that can not be easily retrofitted into occupied rooms.

 

[backyardponder]

I'll be 93 in 2042.

 

[Caren90]

I'll be 93 in 2042.

Perfect, that will be the new 50!

Yes I did the math, you will actually be younger in the future than you are right now.

 

[DenLo]

I think they will let the contracts expire. And rebuild and start over again. Maybe even as different timeshare company, so you will be forced to buy those points in order to stay there. And as each of the other resorts lease year ends do the same thing, tear down and rebuild.

Hopefully they will grandfather OKW members that have the extension into the new Disney timeshare. If not they might only be eligible for OKW.

The money in timeshares is building resorts and selling them again. Disney couldn't get as high of a price for a remodeled timeshare. And since everyone loves the location of BWV and BCV these resorts will be come very high priced with very few standard rooms.

 

[Mickey'sApprentice]

It is likely as DVC contracts expire they will tear down the buildings and build new. Then sell as new... Most amount of money per point, least maintenance costs (not maintaining the old structure nor paying to refurb), and a forever new or nearly new inventory of resorts. There is no doubt in my mind when 2060 cranks by they are demo-ing BLT (my HR) and a new improved building will sit on its location a year later. If you really think about it they make back their investment several times over when they build a new DVC resort.

The Contemporary and the Poly are now 40 years old. It will be interesting to see what Disney decides to do with these buildings in the next 10-20 years.

I do not know if I would want to extend my contract in 2042, nor do I know if WDW will be a great destination, owned by Disney, or even home to theme parks by then.

I do know that Disney will likely price the new villas beyond a retirees budget.

 

[Dean]

A part of me says they have to offer a WORKABLE extension at some point for everything. No doubt they screwed up the OKW situation and in many ways, tied their hands which makes a similar offering OR a reduced price in the next few years essentially impossible. My guess is that extending late or conditionally (such as tied to a new purchase or incentive) are the two most likely and they are not exclusive of each other. They will not let them expire and then resell them for another 50 or even 30 years, that much I can easily bet on.

 

[lah3hh]

Am I the only one living with a blanket over my head??? What was done so wrong with the OKW extension? The only thing I know of is when they made everyone sign off whether they chose to extend or not but is there more??

I voted they will extend all three in the next 5 years...and for those who don't extend, they will sell new contracts with those points.

 

[Dean]

Am I the only one living with a blanket over my head??? What was done so wrong with the OKW extension? The only thing I know of is when they made everyone sign off whether they chose to extend or not but is there more??

I voted they will extend all three in the next 5 years...and for those who don't extend, they will sell new contracts with those points.

As it applies to this thread, there are 2 issues. The main issue is that they were not able to get enough participation to make it worth doing. The other one is they did not have the authority legal or contractual authority to enforce a special assessment for this purpose and that turned some off. IMO, the main reason for lack of participation was simply due to price though there are factors including poor marketing.

 

[MomofStitchandLewis]

I have no idea what Disney will be thinking....especially since there's a new leader of DVC....so I say enjoy what you have now as best you can & que sera sera.

 

[disney67]

I have to say i will be in my 70's at time of contract ending , with this being said even if they do offer something I really do not think at that point i might not want to take advantage and just let it run out .