WWYD - need another contract, maybe...

[bookbabe626]

Okay, so looking for advice from other owners...

Currently own 4 contracts, all the same use year, 3 at 2042 resorts plus our direct at a 2060's resort.

Technically, we have enough points, but our travel patterns always leave me short at our one 2042 resort that's our first choice resort. We never stay at our direct resort, but it's what was available when we first purchased.

I would like more points at our first choice resort, but I don't want to lose our direct benefits as we do use them frequently. It's just DH and I, no kids, so we don't have to worry as much about length of contract, and money isn't the main motivator so I'm not as worried about biggest bang for the buck, although I want to be a bit practical.

I have a few options, WWYD?

 

[bookbabe626]

Probably worth it to add that the 2042 in question is BCV, but we always book a 1bdrm, so it's not the dire situation as if I was booking a studio, but certain times of the year I'm definitely stuck elsewhere and waitlisting when I'm using my non-home resort points.

 

[Chili327]

Need details to make better suggestions. If 2060 is VGC I’d suggest much different than BLT.
And if 2042 are Vero or HH it’s a different story than BRV, BWV or BCV.

Assuming it’s all WDW…
Keep your 2060 for sure!!
If 2042 are 3 different resorts I’d probably look to consolidate a little and get more resale at your first choice resort (BCV). unless you want/need home resort priority at the other 2 (BWV & BRV?) then just add the first choice resort, and keep all of it.
My thinking about BLT is great for SAP+ so if/when you need to upgrade at 7 months it’s great to have those points and if you get benefits that’s just bonus.


*edited after reading 2nd post*

TLDR: sell BWV and BRV, and buy more BCV.

 

[airjay75]

Yeah, I’d just buy more resale points at BCV. I wouldn’t offload those BLT (I’m presuming) direct points, especially if you use the direct benefits. If you end up with some more points than you need on occasion, I’d just rent the excess out. I know some folks have developed a lot of anxiety about renting out their points but this situation would seem like a textbook example of non-commercial renting to me.

 

[intamin]

What time do you visit WDW? Are we talking crescent lake area during the summer or during Food and Wine?

 

[E2ME2]

Have you considered adding on resale at BWV ??? We had BCV points, and we love staying there as well, but the points requirement at BWV can stretch your stay if you can score resort view at 11 months. If not, getting a 1-BR at 7 months at BCV is usually doable. I like having options, and that strategy has been working for us so far. We scored Resort-View Studio last year, so our points got us three weeks. This year, resort view wasn't available, so we grabbed Boardwalk View instead, and the same points only got us 2 weeks. If we get stuck with Pool/Garden View, then we look to change to BCV at 7 Months.......

 

[cruisehopeful]

Technically, we have enough points, but our travel patterns always leave me short at our one 2042 resort that's our first choice resort.

If it were me, I'd probably give it a couple years to see if I could get my waitlist filled at 7 months for the preferred resort that I didn't have enough points to fully book at 11 months. If it seems like it's difficult to piece it together at that point, I would absolutely buy a contract for what would fulfill that vacation on a regular basis. I'd look at selling another contract later if I realized that I was not using those points.

 

[Brian Noble]

If anything, I'd sell some of my less-preferred '42s, and buy the preferred one. But even then, I'd probably just be willing to stay somewhere else once in a while.

 

[bookbabe626]

To clarify, I was being overly vague, but my 2060's description was intended to refer to a "newer" resort vs the originals. It's VGF, and my three resales are BCV, BRV and OKW.

Each of the resales is used at different points in the year...OKW in August, BRV in December and BCV (ideally) the rest of the year, including July and F&W. We never stay at VGF, and don't really like the resort at all. Using them as SAP and for the direct benefits.

Not a fan of BWV, although we've stayed there when BCV waitlists failed. Not sure why it doesn't speak to me, but I'd never want to stay there enough to have it as one of my home resorts.

BLT would be way down our list, DH is all about the pool and BLT's doesn't make the cut.

We were keen on the new Poly addition until we saw the tower. (want a 1 bdrm) Meh. We aren't fans of Riviera either. Just not bland tower people.

Part of me wants to wait and see what Lakeshore looks like, then sell off VGF and buy LL. But the waiting is killing me...

 

[bookbabe626]

Oh, and we're in our late 50's w/o kids, so the expiration date is not a huge concern for us.

 

[Brian Noble]

Can you use more points? If so, just buy them--direct, if you have to. Money is for spending.

 

[bookbabe626]

Can you use more points? If so, just buy them--direct, if you have to. Money is for spending.

I can always use more points...you're speaking my language...

DH would prefer to wait for the perfect BCV contract to show up with our preferred broker. I want to buy points now, all the points... I have a brutal case of Addonitis

 

[VGCgroupie]

The names of the resorts would help a lot.

I chose wait for LL to be released to decide. 2nd would be buy 2042 resale. I cant make any direct benefits justify direct prices on a 2042.

 

[Mouseforward]

Keep VGF for benefits , SAP and low maintenance fees - Dump the OKW as the maintenance fees are getting high,

Keep the BRV for xmas, just buy what you want BC

There is no such thing as a bargain on a product you do not want.

 

[bookbabe626]

The names of the resorts would help a lot.

I chose wait for LL to be released to decide. 2nd would be buy 2042 resale. I cant make any direct benefits justify direct prices on a 2042.

See post #9

 

[bookbabe626]

Keep VGF for benefits , SAP and low maintenance fees - Dump the OKW as the maintenance fees are getting high,

Keep the BRV for xmas, just buy what you want BC

There is no such thing as a bargain on a product you do not want.

We use all our OKW points in August every year, and it's one of our top choices if BCV isn't available on many of our other trips. Yeah, I likely don't need home resort advantage there, but it's nice to guarantee Near HH and then use our hopeful room request mojo on getting a ground floor room instead of worrying about area.

It's the VGF I'd like to dump, it might be a good bargain financially but it's definitely the "product I don't want" in this situation.

 

[Mouseforward]

it's nice to guarantee Near HH and then use our hopeful room request mojo on getting a ground floor room instead of worrying about area.

Is it give up direct benefits and pay $2.50 a point more each year in MF nice?

 

[airjay75]

If you enjoy having direct benefits, there is no way I’d sell VGF direct if I already owned there (different equation if you’re deciding where to purchase). The lowest dues in all of WDW - even if you never use them at VGF, they are cheap points (again, now that you already own them). And you’ll likely be able to sell them easily whenever you want. Wait for another direct resort you want to buy.

OKW has high dues, and an early expiration. Is there actually a room there for which you need 7-11 month priority in August? And, once you get your extra BCV points, will you keep staying there in August?

I get the lack of love for VGF, but I just don’t think it makes sense to dump them over OKW points.

And I still say just keep them all. Rent some out if you don’t use them all.

 

[airjay75]

One other thought. I know you mentioned some interest in LL. Don’t forget that those VGF points are the only ones that are going to get you a stay there (assuming your resale contracts aren’t grandfathered ones). Could be relevant if you decide you’d like to try before you buy.

 

[MartyParty]

Okay, so looking for advice from other owners...

Currently own 4 contracts, all the same use year, 3 at 2042 resorts plus our direct at a 2060's resort.

Technically, we have enough points, but our travel patterns always leave me short at our one 2042 resort that's our first choice resort. We never stay at our direct resort, but it's what was available when we first purchased.

I would like more points at our first choice resort, but I don't want to lose our direct benefits as we do use them frequently. It's just DH and I, no kids, so we don't have to worry as much about length of contract, and money isn't the main motivator so I'm not as worried about biggest bang for the buck, although I want to be a bit practical.

I have a few options, WWYD?

Bookbabe626, I've read through the posts. Here is what I'm hearing from you:

• You own at Old Key West (OKW), Beach Club (BCV), Boulder Ridge (BRV), and Grand Floridian (VGF this being the only direct points).
• VGF is the one you DO NOT like.
• You like having the direct benefits but don't like having VGF.
• You like all the other resale contracts.
• You want more BCV points.
• No dependents and financially ok to do what you want regarding DVC.
• All points are the same use year.

As you've requested a what would you do, here is my WWYD:

• Buy BCV resale. I would wait it out for the preferred BCV resale contract to come along from any reputable broker and buy it.
• None of the sold out direct from Disney DVC points pricing makes any sense versus resale. Beach Club direct is $275/point.
• For direct pricing, newer recently built actively selling resorts are better priced than sold out resorts.
• Hold off selling the VGF and see what Lake Shore looks like. When Lake Shore starts selling there will be an initial price offering to existing DVC owners which you will qualify for. Including incentives that tends to be the lowest historical direct pricing. Perhaps you'll like Lake Shore.
• If liking Lake Shore, then ok to sell VGF.
• VGF is a popular resort and I don't see the resale pricing going down anytime. Ok to sit on it an wait.
• If not liking Lake Shore, then keep VGF. Its essentially your sleep around points as you stated and will be at a lower price point than Lake Shore or any other direct offering.