Which resort is best for sleep around points?

[pineapplepalms]

SSR. That's why we bought our SSR points and we figured we'd be fine staying there too. After owning for a couple of years, we just stayed for the first time this February in a renovated 2BR in Congress Park and loved it. Easy and nice walk to DS, no issues with buses while we were there, and I'm a fan of the new rooms. Not to mention the pools, playground, and spa. Especially if you're flexible as to when you stay, you should be able to stay at various resorts over time. Cheaper points also means being able to afford more points which adds to the flexibility. Before this stay, we were mostly using our SSR points at VGC either at 7 months or picking up really last minute stays when someone canceled. As long as you're okay being "stuck" at SSR then I think it makes the most sense in terms of initial cost, MFs, and point chart.

 

[iflyjetzzz]

~25% is extended. It would be easy to offer extensions that were not as poorly done as OKWs. But as someone said above they’d probably rather wait and sell at least BCV, BRV and BWV as “new” resorts with more aggressive point charts in 2040ish. OKW’s super friendly point chart will outlast them all!

... selling them as 'new' resorts after closing the resorts for a while for remodeling. Maybe keep the same names, maybe not.

 

[Aussie RJ]

$120 poly is cheaper than 85 ssr pp. this is going by the cost pp for the life of the contract.

What this fails to address though is cost per night. (Total points x point cost & dues). As we are talking about sleep around, nothing better than scoring the 7 month room of choice with SSR points.

 

[Duckbug.Ducktales]

What this fails to address though is cost per night. (Total points x point cost & dues). As we are talking about sleep around, nothing better than scoring the 7 month room of choice with SSR points.

Could you explain this a bit for thoroughly for me? Why not include the life of the contract in the calculation?

 

[Aussie RJ]

Could you explain this a bit for thoroughly for me? Why not include the life of the contract in the calculation?

I do count the years left. For $120 a point my math comes in at $9.40 per point at PVB if you have 2020 points. At $90 per point SSR my math comes in at $9.42 per point. So you win if you can really find a contract for 120 a point that has 2020 points. However worst case I’m staying at a standard studio SSR for $121 per night. Your staying at PVB standard for $167 per night looking at average per night in January. Now show me a link to PVB for $120 a point, I want it.

 

[Duckbug.Ducktales]

Now show me a link to PVB for $120 a point, I want it.

Yeah, I haven't seen that... Thanks for the explanation!

 

[3 DD love princesses]

What this fails to address though is cost per night. (Total points x point cost & dues). As we are talking about sleep around, nothing better than scoring the 7 month room of choice with SSR points.

It ends up being under $3 +dues pp. I guess I look at point cost differently. I use what I pay pp and then try to use as little points per night. We try to do studios vs 1 bed when we can to save.

 

[3 DD love princesses]

I do count the years left. For $120 a point my math comes in at $9.40 per point at PVB if you have 2020 points. At $90 per point SSR my math comes in at $9.42 per point. So you win if you can really find a contract for 120 a point that has 2020 points. However worst case I’m staying at a standard studio SSR for $121 per night. Your staying at PVB standard for $167 per night looking at average per night in January. Now show me a link to PVB for $120 a point, I want it.

I’m waiting to pass right now at $120 pp

 

[Duckbug.Ducktales]

Might it be more cost effective to purchase a stripped contract this Fall since we don't plan to go back to WDW anyway until the pandemic is more under control (hopefully by late next year) or buy next Fall to start booking/using it in 2022?

 

[Aussie RJ]

Might it be more cost effective to purchase a stripped contract this Fall since we don't plan to go back to WDW anyway until the pandemic is more under control (hopefully by late next year) or buy next Fall to start booking/using it in 2022?

Could be. Depending on preferences, length of stay, room type etc.. I'm looking at simple price per point at current value + Dues x point cost per night. . For your own personal math, I suggest you factor in total cost of ownership.

 

[Aussie RJ]

I’m waiting to pass right now at $120 pp

I want one. Seriously. But I cannot find. Is the contract stripped or loaded?

 

[3 DD love princesses]

I want one. Seriously. But I cannot find. Is the contract stripped or loaded?

More than half Banked 2019, all 2020 and 2021.

 

[Aussie RJ]

More than half Banked 2019, all 2020 and 2021.

Well done. That is a serious deal. May I ask which broker?

 

[davidl81]

Might it be more cost effective to purchase a stripped contract this Fall since we don't plan to go back to WDW anyway until the pandemic is more under control (hopefully by late next year) or buy next Fall to start booking/using it in 2022?

I am 39 and have owned DVC points for 12 years. We bought direct 160 at AKV, then added on direct another 60. About 6 years ago we added 175 at SSR and right now I am adding another 175 at SSR.
1st thing I would say is avoid any stripped contract unless it’s so low in price you can’t pass it up. Generally speaking stripped contracts are not discounted enough compared to fully banked contracts. Also if you buy a stripped contract you will find yourself borrowing points at first to use the contract, and once you begin to borrow points it’s hard to catch up.
Now to your main question I buy SSR for SAP. 2054 is still 34 years from now so not a huge concern from a timing aspect. The resort is fine, but it is my least favorite place to stay except maybe OKW. At 7 months you will have choices 95% of the time. They may be limited choices, ie SSR, AKV, maybe a random BWV etc, but there will be choices none the less. We have two kids now and we find ourselves in 1BR 90% of the time. Studios work, but once you get the larger rooms you end up wanting to stay there more and more thus more points.
Also I don’t know the best way to put this, but don’t get overly frustrated looking for “unicorn” contracts. The $120pp at poly that one poster mentioned is a good example. I have seen people post about those types of contracts for years on the board, but actually finding those contracts out in the wild are very rare. You have to find a seller that is desperate and will take a low ball offer. It could happen, but you will likely be trying for months and months to get a deal like that. Just look at the ROFR board and you will always see 1 or 2 super low cost ones, then all of the others will give you a true feel for what pricing really is. I have always questioned how let’s say accurate those really low prices are when people post them.

 

[CarolMN]

Also I don’t know the best way to put this, but don’t get overly frustrated looking for “unicorn” contracts. The $120pp at poly that one poster mentioned is a good example. I have seen people post about those types of contracts for years on the board, but actually finding those contracts out in the wild are very rare. You have to find a seller that is desperate and will take a low ball offer. It could happen, but you will likely be trying for months and months to get a deal like that. Just look at the ROFR board and you will always see 1 or 2 super low cost ones, then all of the others will give you a true feel for what pricing really is. I have always questioned how let’s say accurate those really low prices are when people post them.

Agree. IMO, ROFR threads are useful to show broad averages and trends. They seldom show closing costs or who paid annual fees. Those items can account for a lot of the differences in price per point and thus the value of the entire deal.

 

[lovin'fl]

Also want to point out the immediate buy in is kind of a factor. Yes, SSR may not be cheaper when you take price and divide by total points left on life of contract...but initial buy in is cheaper and sometimes that wins the day. As the money doesn't go out per year but all at once and I personally prefer writing a $9000 check ($90pp for 100 point contract) versus a $12000 check ($120pp for 100 point contract). Plus you might not keep it for the life of the contract. We sold 100 AKV after owning like 2.5 years and 200 OKW after owning 13 years and now 50, 50 and 25 pointers at HHI after owning for 8 and 7 years. All contracts sold for profit. So, for us, immediate cost is bigger factor. And let me just say...when we used our $50pp buy in HHI points for a stay at BLT or AkV ....sweet (except when you consider dues).

 

[Duckbug.Ducktales]

And let me just say...when we used our $50pp buy in HHI points for a stay at BLT or AkV ....sweet (except when you consider dues).

This brings up another possibility I've been thinking about. Buying HHI to sleep around for a few years and then selling before MF brings the overall cost too high. Right now we live in NC and drive to HHI and WDW, but that will likely change in a few years... our travel patterns might change also and I might sell, which might tilt the math in HHI's favor

 

[lovin'fl]

This brings up another possibility I've been thinking about. Buying HHI to sleep around for a few years and then selling before MF brings the overall cost too high. Right now we live in NC and drive to HHI and WDW, but that will likely change in a few years... our travel patterns might change also and I might sell, wh984-204-1333ich might tilt the math in HHI's favor

We just moved from NC to PA. Loved to drive down from NC to HHI for a few days. We even did a last minute 1 night trip last year. Got on DVC site on a Friday and saw availability for Sat night and booked. Was a ton of fun. But now PA is a bit too far. Sad because HHI is my fave place.

 

[davidl81]

This brings up another possibility I've been thinking about. Buying HHI to sleep around for a few years and then selling before MF brings the overall cost too high. Right now we live in NC and drive to HHI and WDW, but that will likely change in a few years... our travel patterns might change also and I might sell, which might tilt the math in HHI's favor

Not sure about that plan. I think dues are what $4 a year more and when you sell you will pay a 10% ish fee. So in 5 years you are $20 a point behind and then you will pay another 10% in commission. Also in all likely hood SSR will cost you more as it seems to increase 2-3% per year. If you are buying sleep around price just get the SSR points now, they are perfect for that.

 

[Duckbug.Ducktales]

Thanks so much everyone for all the advice!