Will DVC increase the price of OKW add ons after the end of February?

[tvwalsh]

I plan to add on at OKW at $96 a point from DVC because I expect an increase in the per point price after the increase in the price of the extension to $25.00 from $15. I want the 50 year contract.

DVC has always telegraphed any increases in price, but I'm not taking any chances. I plan to buy several additional 25 point contracts since we still pay no closing costs.

Anyone agree or disagree?

 

[Chuck S]

With the economy a concern right now, I don't think there is going to be an immediate price increase at OKW. But you never know. I think buying several small add-ons that can be sold if the need arises is a good thing, rather than a large single add-on.

 

[JimMIA]

To me, buying several small add-ons is a far smarter move than buying the extension on an existing contract. You're getting points you can use now, rather than paying a lot of money for points that don't even exist for 35 years.

 

[sajetto]

That would be the game plan I would use if I were actually able to buy any more add ons. Alas, its not in the cards for us.

 

[TenThousandVolts]

Has there ever been a "surprise" price increase? The last few increases have come after a warning period. I am interested in OKW pts. direct from DVC too.

 

[sajetto]

Has there ever been a "surprise" price increase? The last few increases have come after a warning period. I am interested in OKW pts. direct from DVC too.

I'd be interested to know that too, just in case we were to have the funds come available to do it.

 

[tjkraz]

The $96 price mirrors what they are charging right now for AKV ($104 less $8 promotional discount.) Those two resorts now have identical 2057 ending dates.

Regardless of the cost of the 15-year extension, I don't see DVC charging more for OKW than it does for AKV. Next time pricing on AKV/SSR is adjusted, OKW will likely follow suit--but not before.

EDIT: BTW, the last 3-4 price increases for SSR/AKV have all been announced several weeks before they took effect, and most included a period where current members could get the old price for longer than new members. Price adjustments on the sold-out resorts have happened with less fanfare, but as I said I think AKV and OKW are joined at the hip right now. Expect any pending increases on AKV to apply to OKW as well.

 

[drusba]

Has there ever been a "surprise" price increase? The last few increases have come after a warning period. I am interested in OKW pts. direct from DVC too.

Can't speak for before 1996, but since then there has always been the warning before any increase. The warning is a marketing tool -- they always get a spike in sales (including many add-ons) between the warning and the actual price rise.

 

[BWV Dreamin]

With the economy a concern right now, I don't think there is going to be an immediate price increase at OKW. But you never know. I think buying several small add-ons that can be sold if the need arises is a good thing, rather than a large single add-on.

Just heard this morning on CNBC several comments of "we may have hit a bottom" as far as the market goes. So the buy on rumor, sell on the news (I know, this is for stock purchases) may be a sign that prices could in fact increase in the near future.

 

[utahkennedys]

My guide told me 2 weeks ago that OKW was going to $106/pt on March 1st.

 

[dvc at last !]

subscribing.................

 

[NHGoofy]

The $96 price mirrors what they are charging right now for AKV ($104 less $8 promotional discount.) Those two resorts now have identical 2057 ending dates.

Regardless of the cost of the 15-year extension, I don't see DVC charging more for OKW than it does for AKV. Next time pricing on AKV/SSR is adjusted, OKW will likely follow suit--but not before.

EDIT: BTW, the last 3-4 price increases for SSR/AKV have all been announced several weeks before they took effect, and most included a period where current members could get the old price for longer than new members. Price adjustments on the sold-out resorts have happened with less fanfare, but as I said I think AKV and OKW are joined at the hip right now. Expect any pending increases on AKV to apply to OKW as well.

Hi..........Does anyone know if the AKV ($104 Less $8 promotional discount) is still available? If we called anytime with interest in purchasing AKV points would we automatically get that discount? Sounds very interesting! Thanks!

 

[BWV Dreamin]

My guide told me 2 weeks ago that OKW was going to $106/pt on March 1st.

Oh my, I wonder if the other resorts will be going up as well? There was just a price increase last year. Is there one every year? This is alot sooner than I had expected. Thanks for the post!

 

[tjkraz]

Oh my, I wonder if the other resorts will be going up as well? There was just a price increase last year. Is there one every year?

Price increases typically occur MORE than 1x every 12 months. In recent years they have gone up about every 8-10 months.

 

[BWV Dreamin]

Price increases typically occur MORE than 1x every 12 months. In recent years they have gone up about every 8-10 months.

Have you noticed a change in the resale market prices as these price increases occur through Disney?

 

[tvwalsh]

Because I go to OKW more than 80% of the time.
Because I need the 11 month window to get my annual OKW GV for late January.
Because I think a price increase is probably coming on OKW2057 contracts after Feb 29th.
Because I need the points.
Because we don't pay any closing costs.
Because CD's are only paying 3.5%.
Because Jim McCoy is a good salesman.

P.S. I actually bought two 25 point OKW2057 contracts from DVC.