When is it worth getting a DVC contract with a 2042 expiration?

[gregskellington]

I think Disney will offer extensions on the 2042 resorts. Especially at popular resorts such as BCV, BWV, BRV.
As 2042 approaches the direct points will have to come down and Disney has never reduced a price. Also, they’d go several years without making a dime on these resorts unless direct prices come down significantly. A 15 year extension offer would maintain direct pricing in the mid-200s and they could charge $50 pp for s 15 year extension to current owners and my guess is that many would exercise that option. Especially as we draw closer to 2042.

I truly believe there is no chance extensions are offered. Even ignoring what happened with OKW, I'm convinced Disney is dying to redo those point charts. Those "Gen 1" resorts are too far below the new generation of DVC, they need 2042 here ASAP to bring those back up to speed.

I agree Disney is going to have a hard reality to face in terms of pricing and sales before 2042, but being able to resell the entirety of BWV and BCV with new crazy point charts at some outrageous PPP has to be drool-inducing for them.

 

[peabody58]

"Yes it's true, all of it. The math just doesn't work." Starlord
"The math works if you don't want to leave your kids excess money." Yoda

I knew that and still just added on Direct 100 pts at BWV at $200/pt (ouch). That works out to lifetime $9.79/pt plus MF (double ouch). It was clearly an emotional luxury item purchase.

We had money to spare (market highs).
We have fallen in love with BWV since the scary clown is gone. 1 trip pre-Covid/3 trips post-Covid.
Location, location, location.
IMO, best point charts (more bang for our points with Standard Rooms).
11 month booking priority (standard villas).
Hope to out live our BWV 2042 expiration (we'll be 85 then).
Go Direct for low point/specific UY contract.
Go resale if you're not picky about # pts/UY and are patient.

 

[melissa70]

This is an old thread but I thought I’d comment this because I don’t think I’ve seen this mentioned.. what if you actually want a smaller contract because your in your 50’s and don’t care about passing it down to anyone ? I see the value in that. I don’t want to be in my 70’s , maybe done with Disney but still on the hook to pay maintenance fees

 

[Girlstar30]

This is an old thread but I thought I’d comment this because I don’t think I’ve seen this mentioned.. what if you actually want a smaller contract because your in your 50’s and don’t care about passing it down to anyone ? I see the value in that. I don’t want to be in my 70’s , maybe done with Disney but still on the hook to pay maintenance fees

The good thing about Disney is that if you are done with it you can sell it pretty easily and not be on the hook for maintenance fees.

Thats what differentiates it from other timeshares, people will buy it, sometimes for even more than what you bought it for.

There will come a point not in the near future where these 2042 resorts will be harder to sell or worth way less (See VB)

I dont have kids/anyone im passing my contract to either and im in my early forties. I still prefer to buy something like Poly with a lot of years left and then selling it in 20 years when im older and "done" rather than it expiring into thin air.

Now if you're going to buy a 2042 because you really love it and and plan to only stay there for the next 16 years AND need a studio or 2 bedroom, I can see why someone would consider buying.

But it's soon going to get to the point where it doesnt make sense financially at all to buy the popular 2042 anymore over renting. And you have to be okay with the prospect of you selling it for way less than you bought it for if something happens and you need to sell.

I do see myself owning this for more than 16 years which is why even tho im not that young, I do want something with more years.