Why are SSR and AKL points so cheap?

[breakin2]

I'm looking at buying resale. I know that some of the older resorts can be bought for pretty cheap, such as OKW and BWV. However, the Animal Kingdom and Saratoga Springs are relatively new, yet their prices are below Beach Club Villas, for instance.

In other words, SSR and AKL seem like a pretty good deal. What's the catch?

 

[chalee94]

I'm looking at buying resale. I know that some of the older resorts can be bought for pretty cheap, such as OKW and BWV. However, the Animal Kingdom and Saratoga Springs are relatively new, yet their prices are below Beach Club Villas, for instance. What's the catch?

ultimately, prices are determined by supply and demand.

BCV is a relatively small DVC resort and you'd have to stay there to have access to the stormalong bay pool.

SSR is cheaper because it's the largest DVC resort. demand is lower due to having to bus to all the parks.

the AKV contracts you are looking at also seem to be larger contracts (which generally require cheaper per pt prices to move) or stripped contracts with no pts coming until 2013. (edited to add: i am a little surprised by the drop in AKV prices...but it is a fairly large resort also...with no walking access to parks.)

and keep in mind that posted "asking" prices may not reflect final agreed-upon prices.

 

[breakin2]

That makes sense. I was just thinking of the times that I'd want to book away from my home resort. At that point, 150 points from SSR and 150 points from BLT are equals.

 

[DVCconvert]

They're not cheap compared to HHI and VB

 

[disneynutz]

The DVC market place continues to change. More people are buying and many more are selling. More selling means cheaper prices.

More owners are renting out reservations and the DVC foreclosures continue to rise. These are indeed turbulent times.

Bill

 

[dzorn]

I'm looking at buying resale. I know that some of the older resorts can be bought for pretty cheap, such as OKW and BWV. However, the Animal Kingdom and Saratoga Springs are relatively new, yet their prices are below Beach Club Villas, for instance.

In other words, SSR and AKL seem like a pretty good deal. What's the catch?

I think a lot of people bought before the economy tanked and need to sell.

Denise in MI

 

[majortom1981]

Akv points are also cheaper because dues are a little more expensive . They try to even it out.

 

[adminjedi]

And, Disney has been more aggressive at ROFR on BCV contracts, which has kept the price high relative to other similar resorts.

 

[CMOORE185]

I'm looking at buying resale. I know that some of the older resorts can be bought for pretty cheap, such as OKW and BWV. However, the Animal Kingdom and Saratoga Springs are relatively new, yet their prices are below Beach Club Villas, for instance.

In other words, SSR and AKL seem like a pretty good deal. What's the catch?

Remember it is only a deal if you intend to keep the points for a long time. Think long and hard before buying at these two resorts because if you decide in a couple of years you don't want them, or want to own at a different resort, you are in same boat as owners trying to sell these resorts right now. I own at SSR and HHI, two resorts doing poorly on resale market. Luckly I do not want or need to sell them.

 

[OrangeCountyCommuter]

And, Disney has been more aggressive at ROFR on BCV contracts, which has kept the price high relative to other similar resorts.

There's a reason DVC has been more agressive on BCV. They can resell them at a profit.

The ROFR is not to protect our investment, but to make Disney money. If they can ROFR a BCV at$75 a point and resale it $100.....then it makes sense to them. That's why they don't take back much HH or VB. They can't sell them for any more then the resale market.

 

[chalee94]

And, Disney has been more aggressive at ROFR on BCV contracts, which has kept the price high relative to other similar resorts.

yeah, this goes round and round, but i'd agree with OCC.

BCV has less supply and more demand than other resorts which means it's intrinsically worth more in the marketplace.

DVC's ROFR decisions are based on their ability to resell these more valuable pts. this is a business decision that makes sense to me.

DVC is not ROFRing BCV contracts because they like BCV owners better, and are trying to artificially "prop up" BCV prices. this strategy would not make sense from a business standpoint.

your opinions may differ. lots of folks are convinced that ROFR strategy dictates prices (usually because a timeshare salesperson told them that...which is problematical from a truthiness standpoint).

i still generally think that prices dictate ROFR strategy (that DVC likes having the right to pick up contracts that seem like a good deal for them, while passing on contracts that they know they would have trouble re-selling.)

 

[juncker]

We initially started looking at BLT direct through Disney before we found DISboards and learned about re-sale. I’m glad that we did talk to DVC sales direct first, but buying resale made so much more sense to us. We’re big fans of resale vs. direct.

After analyzing the costs/dues, etc… we landed on SSR as the best deal. It has an extended end date, good up front costs and lower dues. Adding the ability to get a Treehouse Villa at 11 months is just a bonus that I hope to do at some time.

The only warning that I would throw in is that you had better be happy at your home resort. During busier times of the year (Christmas, Easter, …) that may be the only place available. Make your reservations at 11 months. Booking at other resorts is a perk that can be taken away (although I don’t expect that), so don’t buy somewhere you wouldn’t be happy at. My family would be happy in a tent as long as it was on Disney property, so any Disneyworld DVC property would be fine. We visited SSR for the first time after we purchased and were happy as could be. It may be hard to request a different resort in the future, but we do want to visit all at some time.

 

[Sandisw]

We initially started looking at BLT direct through Disney before we found DISboards and learned about re-sale. I’m glad that we did talk to DVC sales direct first, but buying resale made so much more sense to us. We’re big fans of resale vs. direct.

After analyzing the costs/dues, etc… we landed on SSR as the best deal. It has an extended end date, good up front costs and lower dues. Adding the ability to get a Treehouse Villa at 11 months is just a bonus that I hope to do at some time.

The only warning that I would throw in is that you had better be happy at your home resort. During busier times of the year (Christmas, Easter, …) that may be the only place available. Make your reservations at 11 months. Booking at other resorts is a perk that can be taken away (although I don’t expect that), so don’t buy somewhere you wouldn’t be happy at. My family would be happy in a tent as long as it was on Disney property, so any Disneyworld DVC property would be fine. We visited SSR for the first time after we purchased and were happy as could be. It may be hard to request a different resort in the future, but we do want to visit all at some time.

Great advice and great attitude about DVC and certainly something that all potential buyers should think about prior to purchasing.

 

[disneynutz]

We initially started looking at BLT direct through Disney before we found DISboards and learned about re-sale. I’m glad that we did talk to DVC sales direct first, but buying resale made so much more sense to us. We’re big fans of resale vs. direct.

After analyzing the costs/dues, etc… we landed on SSR as the best deal. It has an extended end date, good up front costs and lower dues. Adding the ability to get a Treehouse Villa at 11 months is just a bonus that I hope to do at some time.

The only warning that I would throw in is that you had better be happy at your home resort. During busier times of the year (Christmas, Easter, …) that may be the only place available. Make your reservations at 11 months. Booking at other resorts is a perk that can be taken away (although I don’t expect that), so don’t buy somewhere you wouldn’t be happy at. My family would be happy in a tent as long as it was on Disney property, so any Disneyworld DVC property would be fine. We visited SSR for the first time after we purchased and were happy as could be. It may be hard to request a different resort in the future, but we do want to visit all at some time.

Great advice and may I add that some of Disney's busy times of the year is created by Disney. The holiday parties are now becoming multi month events, Food and Wine, Flower and Garden, Jersey Week, Easter, Summer Break, Winter Break, Marathons, Star Wars Weekend, and Gay Days.

Seems like there is something going on all year long and as the number of owners grows and thousands of contracts are sold for locations outside of WDW, those owners will add to the competition at 7 months.

Buying at your favorite resort will be very important.

Bill

 

[sweetdana]

I agree with PPers. I also think when they get close to running out of SSR they will start ROFR. I have seen many pass in 40s and 50s.. and that is as much profit as BC in the 70s getting rofred.

I think SSR is nicer than AK in a # of ways, and somehow it is cheaper than Ak.. yes AK has animals and value rooms, but over all studio to studio personal opinion.. I pay the extra 2 points a night to go to SSR.

 

[3 Hobbits 2 Disney]

Love where you buy. Buy where you love. Reservation options today are not guaranteed tomorrow.

 

[Queen2]

I have both AKL & SSR. Have only stayed once at SSR & that was for one night. I have stayed twice at AKL.

 

[Mickey'sApprentice]

Another thought on SSR and maybe AKV is this:

Why purchase at SSR when you can always get in at the 7 month window? If someone liked SSR in Spring and VWL at Christmas, they would be better off to purchase VWL.

There is no home resort advantage at SSR unless you want the treehouses.

The prices reflect that.

 

[Queen2]

I totally agree with PP. I was a newbie & didn't know the pro's & con's of the rules & resorts. Believe me I would have never bought SSR. I would have gone with VWL.

 

[Queen2]

please remind me, what is ROFR

Thank-you