WWYD - need another contract, maybe...

[bookbabe626]

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

Why would I be giving up direct benefits by keeping OKW? I'm looking to add a BCV, not downsize any points. If I was selling VGF it would be to buy a (slightly larger) direct BCV or LL.

The MF are irrelevant for the numbers we're talking, a few hundred bucks a year isn't a dealbreaker for me if I can book what I want when I want without waitlists or worries.

 

[bookbabe626]

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 like.

Minor correction, VGF is the one we have direct but hate.

 

[intamin]

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 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.

I mean LL might be such a a big resort, it could have easy availability and OP may not even have to switch from VGF to LL.

Also, OP can likely book BCV 1BRs in the summer with her VGF points since that seems to be her least favorite. Save the BCV points for F+W.

I really don't think you need to act rn if you don't want to OP but I know when the addonitis bug hits you it's hard to not act on it. If anything I would just continue keeping an eye out for a good BCV resale contract and wait to see how LSL plays out.

 

[bookbabe626]

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.

I wasn't looking at dumping the OKW at all. Yeah, I don't necessarily need the home resort advantage, but we have them and use them so I wasn't thinking of dumping them over less than $600/yr difference in MF.

I do see your point about waiting for another "new" direct I like better and keeping the VGF until then. They do make good SAP. Maybe I should stick with the plan for waiting for a perfect BCV resale to appear, even if it takes a year or two.

 

[bookbabe626]

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.

Do we know for sure that LL will have the same restrictions as Riv? But yeah, I wouldn't unload the VGF points until I had another direct contract finalized and in my dashboard.

 

[bookbabe626]

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.

Yeah, your reasoning is the most practical, and it's what I *should* do. But wow, is it ever hard to sit patiently and wait for that perfect resale contract to come along...

Thanks for your summary. Very helpful.

 

[disneylandtour]

I would keep the direct as well. The amount lost on a direct sale going to resale is pretty high. I think nearly all of my resale points could either be sold at a profit (compared to what I paid for them--some years ago) or at least break even.

 

[Mouseforward]

Why would I be giving up direct benefits by keeping OKW? I'm looking to add a BCV, not downsize any points. If I was selling VGF it would be to buy a (slightly larger) direct BCV or LL.

The MF are irrelevant for the numbers we're talking, a few hundred bucks a year isn't a dealbreaker for me if I can book what I want when I want without waitlists or worries.

It would make more sense just to rent points at beach club than to add direct. I was assuming you ran the math and saw direct would be at least $25 a point

 

[Sandisw]

I am always a fan of owning where you want to be and if it’s BCV, by that.

If LSL comes along and you really like it, sell VGF and buy there to keep your direct benefits.

 

[airjay75]

Do we know for sure that LL will have the same restrictions as Riv? But yeah, I wouldn't unload the VGF points until I had another direct contract finalized and in my dashboard.

Nothing is certain, but RIV, CFW, and VDH all have the resale restrictions. The Poly Island Tower is the exception. No reason to think LL will not follow the same path as every new resort since RIV (as much as we all wish it weren’t so).

 

[VGCgroupie]

Nothing is certain, but RIV, CFW, and VDH all have the resale restrictions. The Poly Island Tower is the exception. No reason to think LL will not follow the same path as every new resort since RIV (as much as we all wish it weren’t so).

Agree.

 

[JulieBeeRN]

Not to mention the Palmetto Trust.

 

[bookbabe626]

It would make more sense just to rent points at beach club than to add direct. I was assuming you ran the math and saw direct would be at least $25 a point

I would likely just do a cash stay at BCV if it came to that, rather than renting. Not a fan of renting, for a variety of personal reasons. And, lol, math is secondary in this whole discussion, thankfully.

Think I'm likely going to keep watching for my perfect BCV resale, and wait for Lakeshore, see if the restrictions are as expected. Waiting sucks, though.

 

[Genie+]

Considering all you’ve said, buying more BCV resale makes sense. Finding a UY and points match can be a challenge though. Only around 2 million points were sold to begin with and owner’s don’t part with them easily lol.

If you are struggling to find what you want, expanding your options could help: either add-on desired number of points, or buy total number of points desired in one contract and sell the smaller BCV. Chances are the smaller will get a higher $pp than the bigger one you buy, which would help offset some of the cost switching out (commission, etc).

 

[LavaMama]

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...

I dislike the appearance of the generic looking towers too. I will be absolutely shocked if LL is not another example of this style.

 

[VGCgroupie]

I dislike the appearance of the generic looking towers too. I will be absolutely shocked if LL is not another example of this style.

Just in case you havent seen any updates on it. https://www.disboards.com/threads/d...ons-site-in-2027.3957946/page-9#post-66288324

 

[PolyRob]

@bookbabe626 just confirming all your resale contracts are purchased past the grandfathered deadline of Jan 2019 OR do you want direct benefits extended past 2042?

If you only stay in one bedrooms there is probably a very, very low need for OKW resale points, especially if it's a 2042 OKW contract.

I'd buy more BCV resale and sell off OKW resale and use the VGF direct to book OKW in the 7-month window if you want to hold onto a direct contract with no resale restrictions.

If DVC runs another OKW direct promo like 2024 I would jump on that, but who knows.

 

[Chili327]

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.

Renting is so easy, and no it definitely would NOT be commercial renting. Not even close.

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.

Yea, agree with others, no reason to dump your SAP points, just use them as if they were SSR, until something better comes along.

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.

Agreed rent the extra. Buy BCV.

I wasn't looking at dumping the OKW at all. Yeah, I don't necessarily need the home resort advantage, but we have them and use them so I wasn't thinking of dumping them over less than $600/yr difference in MF.

I do see your point about waiting for another "new" direct I like better and keeping the VGF until then. They do make good SAP. Maybe I should stick with the plan for waiting for a perfect BCV resale to appear, even if it takes a year or two.

I think it’s pretty unanimous, buy some BCV resale.
Which UY is your BCV in?

 

[bookbabe626]

I think it’s pretty unanimous, but some BCV resale.
Which UY is your BCV in?

June. And we are international buyers, so have a preferred broker we want to use so we can cut down on some of the paperwork as they already have it on file.

@PolyRob unfortunately all of our contracts are recent, bought our first direct in 2022. So no grandfathered resale, and no idea what we'll need post-2042 in terms of direct. We'll be in our mid 70's by then, who knows what life will bring at that point. ;-)

I do like the idea of buying a bigger BCV and then ditching the smaller, or even parting with OKW. I'll have to keep my eyes open, see what shows up.

Thanks everyone for all of the help and suggestions.

 

[🍀TwinsMom]

I would add more resale BC, and I like the idea of going for a bigger contract and selling your smaller one, but I don't know that I'd be fussy about UY since you need the points and they're hard to come by since it's such a small resort. I think I might jump on either a small add-on with different UY or one whopper big one, any UY.

How many points are you short?