When will the 2042 contracts of BCV and BWV decrease in value?

[SL6827]

SAB will most likely help BCVs hold value longer than BWVs, I would think. I love that pool complex.

 

[Cfabar1]

But so is BLT.

The 2042 resorts confuse me quite a bit. Some people are even buying them DIRECT.

Beach club and boardwalk are beloved for their location being walkable to two parks and for the resorts themselves and the environment by the resorts.

Bay Lake Tower is bought because it is the only extremely convenient DVC property for visiting the magic kingdom.

To me that explains the disparity per year of the two resorts.

 

[disneylandtour]

BLT is a heck of a steal if you can get one on the lower end around $100 and I would probably be looking for one if I didn't already have it as a home resort. And the refurb looks like it is going well and we should start seeing rooms within the next couple weeks I believe.

Completely agree. I have two BLT contracts, purchased at $115pp, with full points on each. Maybe prices continue to go down a bit more--but will likely pop once the refurb is done. But still $115, I feel, is not bad--plus I got a couple years more years out of them.

Question on the refurb. This is the full refurb, right? Where the rooms are gutted? Not the partial refurb, where they swap out the couch and fix things that are broken?

 

[Tatebeck]

Completely agree. I have two BLT contracts, purchased at $115pp, with full points on each. Maybe prices continue to go down a bit more--but will likely pop once the refurb is done. But still $115, I feel, is not bad--plus I got a couple years more years out of them.

Question on the refurb. This is the full refurb, right? Where the rooms are gutted? Not the partial refurb, where they swap out the couch and fix things that are broken?

Yes, full refurb this time around.

They said at the association meetings that the first round of them should be done in the next few weeks, but we have been getting pics from people on the monorail and skybridge showing us what bits they can see so far on the upper level rooms.

 

[Sandisw]

But so is BLT.

The 2042 resorts confuse me quite a bit. Some people are even buying them DIRECT.

They make no sense to me either. I can’t imagine buying a contract with 17 years of use.

 

[tx911]

They make no sense to me either. I can’t imagine buying a contract with 17 years of use.

I'll say I've been temped by BWV and BCV many times, but I would never buy direct and would not pay more than $100pp or so. 17-18 years is still a good while, and after all the dues are most of what we end up paying, so there is something nice in a way about things ending in under 2 decades (esp at my age). I can see prices really dropping inside of 15 years remaining.

Also, I must heartily agree with @Tatebeck that RIV NEEDS a walking path coming in there right by Germany

 

[AdamsMum]

Don't buy at BWV expecting to get Standard View Studios. These are difficult to get, even at 11 months.

It's a roll of the dice but it can be done. I booked a week late. Changed my dates because I could only get Preferred View the week I wanted to go. I hate paying BW view points for maybe the worst pool view on property. I noticed the 3 nights were available in a standard view studio the previous week. So I booked it, and changed my BC week to a week earlier also. I was completely shocked, but you're right, don't count on it.

 

[AdamsMum]

They make no sense to me either. I can’t imagine buying a contract with 17 years of use.

If you were 67 like me, you might understand better. 50 years is of no use to me...and I only want to stay at Boardwalk and Beach Club during Epcot festivals.

 

[AdamsMum]

Doesn't matter to me because I will use BC till the very end. Contracts could be $2 a point or $200 a point, either way I'm riding this out for the next 16/17 years. I'll get rid of my AK for a loss before I get rid of my BC for a gain.

Me too, they'll have to pry them from my cold dead hands. I'll be 84 in 2021, so that could yet happen.

 

[Genie+]

The reason I posted is to think about when to sell. Are we a year or two away from the 2042 contracts becoming very low in value or will they hold their value for a few more?

No matter how few years remain, I think BC/BW will still command a strong price when broken down to ‘per point, per year’ price. That $pp/yr. And that’s because the economical point charts and limited competition for the goal of easy access to EP/HS.

 

[Sandisw]

If you were 67 like me, you might understand better. 50 years is of no use to me...and I only want to stay at Boardwalk and Beach Club during Epcot festivals.

I’m not far off at 60 and it still wouldn’t make sense given we have adult children who still love to go.

Now, if the price right now was $50/point, it could become interesting.

However, if it is really where someone wants to stay, price is not as important.

 

[TCRAIG]

I would love to pick up a small BC contract because it’s my favorite Epcot area DVC and I only have 141 points there - only enough for 1 trip a year in a 1 BR…and I want to go 2x a year…If I only needed less than 30 or so points to be able to book what I want and when - I would consider buying direct because small BC is really hard to get and it would need to be in the right UY and I would get a loaded contract and Disney’s closing costs are cheaper and all those other reasons why direct can make sense over resale…

 

[Chili327]

Isn't boardwalk almost there already?

2042 for Boardwalk, so 18 years to go.

Technically more like 16 years left, but the value just have to do the math and see what the price per point is vs rental or rack rates.

The reason I posted is to think about when to sell. Are we a year or two away from the 2042 contracts becoming very low in value or will they hold their value for a few more?

Are you trying to get out?
I wouldn’t wait too many more years.

They make no sense to me either. I can’t imagine buying a contract with 17 years of use.

You mean direct or anything with only 17?

Me too, they'll have to pry them from my cold dead hands. I'll be 84 in 2021, so that could yet happen.

You mean 2041? lol

 

[marmentrout85]

I would love to pick up a small BC contract because it’s my favorite Epcot area DVC and I only have 141 points there - only enough for 1 trip a year in a 1 BR…and I want to go 2x a year…If I only needed less than 30 or so points to be able to book what I want and when - I would consider buying direct because small BC is really hard to get and it would need to be in the right UY and I would get a loaded contract and Disney’s closing costs are cheaper and all those other reasons why direct can make sense over resale…

Small BCV is a very rare find indeed! Obviously it all depends on when you'd want that 2nd trip to be throughout the year, but the 1BRs have pretty good 7 month availability during most of the year.

 

[Sandisw]

Technically more like 16 years left, but the value just have to do the math and see what the price per point is vs rental or rack rates.


Are you trying to get out?
I wouldn’t wait too many more years.


You mean direct or anything with only 17?


You mean 2041? lol

I was referring to the 2042 resorts. I think the price for time left is too high

 

[hhisc16]

I also notice that BRV still has high value on resale for a 2042. (100+)

I notice the resale 2042s prices as bcv, bwv, brv, okw, hhi, then vb.

 

[TCRAIG]

Small BCV is a very rare find indeed! Obviously it all depends on when you'd want that 2nd trip to be throughout the year, but the 1BRs have pretty good 7 month availability during most of the year.

I know - I only stay in 1 br…I stay Oct (using June BC points) and early May and never had a problem using my April VGF points for the May stay until the last couple years - since they’ve lowered the points, May has become VERY popular…not quite first 2 weeks of December popular - but close…

 

[walt34]

A contract at BCV still delivers about a $10 difference between dues and rental price per year. Now this might change gradually but this can go in either direction. Increase of dues vs. increase of rental prices. So I don't see a major drop coming in the next 6-8 years. I expect prices to decrease slowly. For the final years, transaction costs of buying a contract for just a few years becomes a problem. The biggest reason for a large drop would be a new DVC resort at Crescent lake. But with Reflection 2.0 being next and no obvious building site at Crescent lake I'd be surprised if we see one opening in the next 5 years.

I understand that people, who want to leave a DVC contract to their kids, are not interested in a 2042 resort (personally I'm not sure this should influence your buying decision but this is for another thread). But if you are mainly interested in staying there yourself, I still find it perfectly reasonable to buy resale at BCV, BWV and some others.

 

[CraigInPA]

I wonder when DVC will stop selling points for BCV/BWV. Yes, I know they have long ago been sold out. I'm talking about points they acquired by ROFR or default and currently sell directly to owners seeking to add on there.

Likely never. They'll be getting contracts where members haven't paid their dues right up to the point where the cost to file the paperwork exceeds the revenue they'd receive from renting out the points.

 

[tx911]

Likely never. They'll be getting contracts where members haven't paid their dues right up to the point where the cost to file the paperwork exceeds the revenue they'd receive from renting out the points.

Which begs the question, how much would you pay per point for a single year of points?