What price would you put on Blue perks?

[dvc lover 1970]

That's not a bad idea at all.

It's 2037 - Buy into BoardWalk with a contract that starts in 2042 and goes until 2092. But, Hurry! We have a perk! We'll throw in a limited number of free 5 year contracts to BoardWalk so you can enjoy it right now and not wait 5 years.

If they buy back enough contracts from ROFR, it would work- so the hurry offer would be legit as they would only have a certain amount of 2042 points

 

[Duckbug.Ducktales]

I've watched a couple of videos of Riviera and BLT. They, along with OKW are the only DVC resorts I haven't seen in person and neither are wowing me on video, BLT seems nice but AFAICT doesn't have a quiet pool. The monorail link is huge but the Contemporary is aging badly, it's like a decrepit 70's airport. Disney should save the mural and then 'reimagine' that entire building imo. Riviera seems nice but I visit the mediterranean fairly regularly so it doesn't feel like Disney to me. I really think I'd need to visit them to know for sure how I felt about them. If the deal was good enough I could buy into them knowing that I could book/trade for other resorts but at the moment, I can't imagine them as being my preferred home resorts.

Omg, blasphemy lol
I would be so sad if they bulldozed CR. I really don't think that would happen, though, unless it's structurally unsound or something like that.

I would say that RVA and BLT are nicer in person. We bought RVA before seeing it. The pictures looked ok, but mostly we thought it was a good deal with the incentives at the time. But once we had our first visit, wow! It's very nice and elegant, and since it's compact, everything is nearby. It looks very nice at night when lit up. And the best part is the rooms are hands down the nicest DBC villas imo. But if you won't like you're at Disney (even with all the nice Disney artwork) it won't make sense.

We stayed at CR last November and loved that, too. Just bought BLT with current incentives. Wouldn't have done it if we hadn't visited in person because the images didn't do anything for us.

 

[SleeplessInTO]

The decrepit 70's airport comment made me chuckle. Having stayed at BLT, that walk to MK cannot be beat. The room decor is lovely, my 6 yo commented on the artwork and wanted to buy it (she's never done that in any of the other resorts!), and the amenities at CR/access to Monorail is pretty nice. Plus that view of the fireworks, from our room. Lovely. I also look forward to staying there in a one bedroom with two full bathrooms when DD is older.

 

[Sandisw]

That's not a bad idea at all.

It's 2037 - Buy into BoardWalk with a contract that starts in 2042 and goes until 2092. But, Hurry! We have a perk! We'll throw in a limited number of free 5 year contracts to BoardWalk so you can enjoy it right now and not wait 5 years.

Except how does it make sense for them to pay for something that is free for them in a few years down the road?

 

[sethschroeder]

Since dvc will be getting resorts back in 2042 i wonder if they can slowly start to resell them starting in 2035 so new buys get the 2042 points then in 2042 their contract and new point chart kick in. It's not like dvc has a lot to do in each resort- they stay on to of updates

I have discussed this before and your biggest obstacle really is having the product ready that far out to sell it. Meaning the rooms, point charts, ect all need to be set on what the resort is going to be.

This would also help prop up buy backs since Disney is buying the points back to sell them in combo with a 2042-2092 contract while the reseller can only sell the contract that expires in 2042 (little similar to OKW).

 

[sethschroeder]

Except how does it make sense for them to pay for something that is free for them in a few years down the road?

We talked about this before but its not really free its built in to the cost. Instead of price reductions you get the extra time.

The benefit to DVC is they are preselling the resorts, can start to flip some of the 2042 inventory (which there will be plenty), and they are able to recognize some of the revenue immediately since there is a 5 year contract as part of the deal.

Yes the points will be free in 5 years but I suspect the buy-backs will be in line with the incentives they would roll out anyways (possibly cheaper). With 5 years left you will have new resorts selling at like $300/point possibly and these resale contracts going for $25/point ($5 per year)? Just guesses but at some point the ROFR math will work out in favor to doing a ROFR and giving the time away as the discount instead of discounting the direct price.

Also no clue how Disney does their accounting but doing a ROFR and selling 50+5 year contracts at full price might look better on the books than selling a 50 year contract for a discount off full price.

 

[SleeplessInTO]

There's no way Disney will keep the same point chart for BWV and BCV. Its a steal... I'm staying at BWV for 9 points a night in December! Buy 50, get 5 years free sounds like a nice deal but wow it'd be a shock when your 150 points at BWV gets 3 nights in a studio overlooking the parking lot when it used to get a week in a one bedroom.

 

[Sandisw]

We talked about this before but its not really free its built in to the cost. Instead of price reductions you get the extra time.

The benefit to DVC is they are preselling the resorts, can start to flip some of the 2042 inventory (which there will be plenty), and they are able to recognize some of the revenue immediately since there is a 5 year contract as part of the deal.

Yes the points will be free in 5 years but I suspect the buy-backs will be in line with the incentives they would roll out anyways (possibly cheaper). With 5 years left you will have new resorts selling at like $300/point possibly and these resale contracts going for $25/point ($5 per year)? Just guesses but at some point the ROFR math will work out in favor to doing a ROFR and giving the time away as the discount instead of discounting the direct price.

Also no clue how Disney does their accounting but doing a ROFR and selling 50+5 year contracts at full price might look better on the books than selling a 50 year contract for a discount off full price.

The free 5 years could not be deeded to the current t resort though as it would need to be a different ground lease for the 50?

it seems like it’d be a lot of work when they can change up some of the hotel side, and have that ready to go a few years before to keep it clean.

But who knows.

 

[bbeagle]

Except how does it make sense for them to pay for something that is free for them in a few years down the road?

I haven't thought it all through yet.

I'm also working on a book 'Doing Disney on a $1 a day'. Still trying to figure that out as well.

 

[Lumee23]

You do bring up a point that is important. The blue card perks are membership extras. Those are not part of our contract and can come and go at any time.

Buying direct at least 150 guarantees you will be eligible for whatever those are..but no one benefit is ever guaranteed

However the use of direct points everywhere, including RIV and future resorts is not part of the blue card or membership perks.

Those are a function of the trading rules associated with BVTC..the division that oversees our ability to trade between DVC resorts.

While changes can happen..as seen by how RIV entered the mix…DVD has already shown that any changes on trading won’t impact direct points, only resale.

So, IMO, that is a bigger thing to consider than membership extras.

Right now, it’s RIV, but what if Reflections comes along again? Another new DVC somewhere else?

And, of course, BWV and BCV becoming new in under 20 years.

Having unrestricted points was the main reason we went direct aside from the fact that we really wanted Riviera as our home. Right now it is just Riviera but we are in it for the long haul and I didn't want to have to deal with being blocked out of new resorts over the next 40+ years. I also wanted to be able to go on DVC member cruises (paid with cash of course! I hope they keep doing them).

We intend to add-on a small contract in a few years once we are able to save the money. We may end up going direct again since smaller contracts tend to be pricier on the resale market.

 

[HibernationTour]

I think the "value" is just so subjective for each family. We have 150 CCV points and 100 Poly points. Both purchased in the last 18 ish months. We kicked the tires on selling both and looking at a Poly direct for about 200. But the math is so tough to stomach. We'd end up paying a fairly significant amount for 50 less points and one less home resort.

Also, what appetite does Disney have for new resorts? Is Riviera going THAT well? I'm sure there will be a future resort that interests us, but who knows when, and even at that point we can just rent ours/rent someone else's to stay there. We never had the AP so that discount never factored in, and we have the Disney Visa which gives us enough discounts around the parks. So it really made resale a no-brainer, but it's neat that everyone's situation can be different and there's an avenue ahead for each family. But...FOMO sometimes kicks in haha

 

[dvc lover 1970]

The free 5 years could not be deeded to the current t resort though as it would need to be a different ground lease for the 50?

it seems like it’d be a lot of work when they can change up some of the hotel side, and have that ready to go a few years before to keep it clean.

But who knows.

In my mind it works like dvc sells two contracts - the last years of 2042 at old point chart then the new point chart and the new 2042 resort - so even though the five or six years are "free" they actually purchased those six years plus the new resort. The new resort is finished, it is built and refurbed every so five years already. The only thing DVC needs to do is establish the new resort. Maybe it is sold in "pre sales"

 

[Sandisw]

In my mind it works like dvc sells two contracts - the last years of 2042 at old point chart then the new point chart and the new 2042 resort - so even though the five or six years are "free" they actually purchased those six years plus the new resort. The new resort is finished, it is built and refurbed every so five years already. The only thing DVC needs to do is establish the new resort. Maybe it is sold in "pre sales"

Maybe…just seems like a lot of work for something that would most likely sell just fine without going to those lengths.

 

[Memorymakerfor4]

Direct points are convenient and that's all, not something I'm going to pin a dollar amount on as to worth. I never have to worry if I'm eligible for whatever perks are available at the moment. No calls to MS because my digital card doesn't have a Y on it because I was grandfathered in (not bashing those people AT ALL, just saying it's a headache for them), or because it rejected my Moonlight Magic reservation even though I have a blue card and resale. If I want to stay at Riviera I don't have to consider renting out my points and then renting more. Come 2043 it's even more of an issue. If someone wants to jump through those hoops, go for it, but it's too much hassle for me personally.

And yes, I think this kind of reaction is exactly what Disney wants from me.

 

[Shellyred8]

As others have mentioned, I wouldn't base your purchase on any of the blue-card perks. Disney has said these can come and go at any time and during Covid they proved that to us.

 

[Bjaiken77]

Direct points are convenient and that's all, not something I'm going to pin a dollar amount on as to worth. I never have to worry if I'm eligible for whatever perks are available at the moment. No calls to MS because my digital card doesn't have a Y on it because I was grandfathered in (not bashing those people AT ALL, just saying it's a headache for them), or because it rejected my Moonlight Magic reservation even though I have a blue card and resale. If I want to stay at Riviera I don't have to consider renting out my points and then renting more. Come 2043 it's even more of an issue. If someone wants to jump through those hoops, go for it, but it's too much hassle for me personally.

And yes, I think this kind of reaction is exactly what Disney wants from me.

I feel the same way about not wanting to miss out on the perks. In fact, I’ll go so far as to say my FOMO kicked in, and I’m more paranoid of my inability to gain future perks than I am pleased about the current ones (aside from AP). Foolish? Maybe. As they say, “know thy self,” and I know how I am. FOMO is real for me. Others are perfectly ok with the white card, and it is great that they know that about themselves.

 

[smmora]

I feel the same way about not wanting to miss out on the perks. In fact, I’ll go so far as to say my FOMO kicked in, and I’m more paranoid of my inability to gain future perks than I am pleased about the current ones (aside from AP). Foolish? Maybe. As they say, “know thy self,” and I know how I am. FOMO is real for me. Others are perfectly ok with the white card, and it is great that they know that about themselves.

I'm thinking more of DLT and the fact I think they will eventually build the new areas - it make take 10-15 years, but my points will be good way longer than that ... I bought resale just so I didn't have to buy 150 all at once ... then I saw a small subsidized Aulani and couldn't resist ... I think the only other resale I would buy would be more subsidized Aulani, but I'm on the West Coast

 

[PirateBrigade]

I'm thinking more of DLT and the fact I think they will eventually build the new areas - it make take 10-15 years, but my points will be good way longer than that ... I bought resale just so I didn't have to buy 150 all at once ... then I saw a small subsidized Aulani and couldn't resist ... I think the only other resale I would buy would be more subsidized Aulani, but I'm on the West Coast

I'm really thinking DisneylandForward is more of a 30 year endeavor -- they have artist renderings, that's about it. The environmental review update process alone is a big ooof. Buying DLT now-ish (or whenever it goes on sale) definitely requires a long-term commitment. Given the integration of hotels to parks at Tokyo DisneySea, I think it can be a real boon, but realistically, you're looking at 15-30 years of getting what you see now (which isn't terrible, either).