WOW DVC Prices !!!

[beldred]

Yes, I realize that, I got my $95 SSR off a listing of $110. With that said, the board sponsor listings all say “full cash price offers only,” so I haven’t bothered. Maybe I should try I guess.

Yeah if any say full price offers only, than clearly not those. Just keep looking around to find one that doesn't say that. When I was bidding on my current one in ROFR, about half the contracts I pulled up said no offers. But that left plenty to contact. There's over a dozen DVC brokers on my list that I check and I know I don't have them all so lots of options out there besides the (usually overpriced) board sponsor. No offense to them.

 

[nomorethan8]

There's over a dozen DVC brokers on my list that I check and I know I don't have them all so lots of options out there besides the (usually overpriced) board sponsor

Hey. What happened to the tab at the top of the page that use to go to the DVCfan.com page?

 

[Johtull12]

Yes, I realize that, I got my $95 SSR off a listing of $110. With that said, the board sponsor listings all say “full cash price offers only,” so I haven’t bothered. Maybe I should try I guess.

I can only think of two beneficial reasons to ask for a full cash offer. You will prob close a little bit faster and you're not dependent on the buyers ability to get financing. It seems strange to limit your listing's reach for such small advantages. Unless they've had contracts rescinded. I can't imagine someone wanting to finance not being able to finance, but I can imagine the rates that some borrowers are receiving from lenders are making them think twice. Maybe I'm missing something else too?

 

[AnnaKristoff2013]

I can only think of two beneficial reasons to ask for a full cash offer. You will prob close a little bit faster and you're not dependent on the buyers ability to get financing. It seems strange to limit your listing's reach for such small advantages. Unless they've had contracts rescinded. I can't imagine someone wanting to finance not being able to finance, but I can imagine the rates that some borrowers are receiving from lenders are making them think twice. Maybe I'm missing something else too?

Sorry, I typed “full cash price offer” but meant “full price offer.” I don’t think it has to be cash.

 

[Genie+]

I am just having a hard time not submitting a low bid on some of the RIV contracts out there right now...I don't need new points and I added on more VGF last year instead...but boy, is it tempting not to offer!!!! LOL

Out of the blue DH mentioned today that maybe we should look for another contract, even though we’re fine with what we have. The temptation is strong. VGF looks sweet. There’s one sitting for 3 weeks at $150 for 200 points, and $155 for 100 points. Even OKW extended is passing at $90.

Currently over 2,600 DVC contracts for sale. Could give a clue which direction pricing goes. If that increases the next few months then maybe not the full dip yet.

 

[Sammie]

Of course you can compare them. A quality offsite place costs $X, and BWV costs $Y. $Y is significantly more than $X. The question is: is that location worth $(Y-X)?

The answer is: Not always, and certainly not for everyone. And that's before you consider that the offsite place is probably a 2BR timeshare, because they are not that much more expensive than a quality offsite hotel room.

I've stayed in a bunch of DVC resorts (BCV, BLT, BRV, BWV, OKW, and SSR). I've also stayed in several of the better offsite resorts. The Disney resorts have some advantages, for sure. But in my experience my offsite stays also delivered great vacation experiences. For most people, the offsite vacation also leaves a lot of money in their pockets.

Edited to add: I will caveat this by saying we drive to the parks most of the time whether we are staying on-property or not. The exception is MK, but even then we will drive maybe once a trip to take the ferry across.

Better is subjective though. I do wonder if people that might consider resale are waiting to see what the new Polynesian is as to will it be like GF and be an addon to Polynesian 1.

 

[Jayunit09]

Yes, I realize that, I got my $95 SSR off a listing of $110. With that said, the board sponsor listings all say “full cash price offers only,” so I haven’t bothered. Maybe I should try I guess.

Not that it was a great deal at all, but my CCV 50 point contract was listed at 175 and full price only. I offered 165 (I waited forever for a sept use year small contract so didn’t mind a premium). They countered 170. I wasn’t going to lose the contract over $250.

I’d make the offer

 

[AnnaKristoff2013]

Not that it was a great deal at all, but my CCV 50 point contract was listed at 175 and full price only. I offered 165 (I waited forever for a sept use year small contract so didn’t mind a premium). They countered 170. I wasn’t going to lose the contract over $250.

I’d make the offer

Was that with the board sponsor?

 

[Jayunit09]

Was that with the board sponsor?

Yes it was

 

[sethschroeder]

probably can get it down to 4 days in the parks.

You only save like $100-$150/ticket. Not worth it to try and pack everything into 4 days vs 7-9 days IMO.

meaning the Fed is choosing to put us in one because they have no other tool than to destroy demand to curb inflation

Money was too cheap to acquire is the reason. It's why you could find 0% everywhere and historic low mortgage rates.

Also for most of the population consistent higher inflation devalues their buying power drastically as income doesn't come close to keeping up so it actually causes more issues just not as quickly.

I can only think of two beneficial reasons to ask for a full cash offer. You will prob close a little bit faster and you're not dependent on the buyers ability to get financing. It seems strange to limit your listing's reach for such small advantages. Unless they've had contracts rescinded. I can't imagine someone wanting to finance not being able to finance, but I can imagine the rates that some borrowers are receiving from lenders are making them think twice. Maybe I'm missing something else too?

It's to avoid all the useless offers if you know the math that you want. If it's less than might as well just keep it and rent it out further extracting more from the contract by gutting it first or borrowing the points.

Rather sell it without the extra work but if needed will do it.

Also not sure anyone says cash only with DVC just full price. Reason is the dvc finance companies have no issues with approvals because theit interest rates are so high and they can easily flip your contract if needed to get the rest of the money back.

 

[kanerf]

I am waiting until Poly2 is announced before adding on anything more. I bought four contracts last year, 2 resale and 2 direct.

 

[Matty B13]

You only save like $100-$150/ticket. Not worth it to try and pack everything into 4 days vs 7-9 days IMO.

Since we are a family of 5, that adds up to a savings of $500 to $750 dollars........ plus we have been going to WDW since 2015, so how many times can you really ride the same rides. We can knock out AKV in half a day, and EPCOT is only really an evening park for us.

 

[Epcot Forever Forever]

Reason is the dvc finance companies have no issues with approvals because theit interest rates are so high and they can easily flip your contract if needed to get the rest of the money back.

This was true in the past. It is true currently. There is no guarantee that it remains true forever.

 

[BamaGuy44]

This was true in the past. It is true currently. There is no guarantee that it remains true forever.

True, as long as they feel like the loan is fully collateralized by the contract itself, the loans are very low risk for them. If the contracts are ever viewed as a quickly depreciating asset, different ballgame.

 

[TinkB278]

I still don’t think AKV prices are falling at the same rates as most of the other resorts, it’s odd.

 

[Epcot Forever Forever]

I still don’t think AKV prices are falling at the same rates as most of the other resorts, it’s odd.

Disney was doing meaningful ROFR on AKL later than any other resort so it will take a little longer to fully adjust.

 

[sethschroeder]

True, as long as they feel like the loan is fully collateralized by the contract itself, the loans are very low risk for them. If the contracts are ever viewed as a quickly depreciating asset, different ballgame.

I think if that happens the value will be low enough that more and more people won't need financing and likely these loan companies go to much higher interest rates instead of having people jump through hoops.

 

[sethschroeder]

Since we are a family of 5, that adds up to a savings of $500 to $750 dollars........ plus we have been going to WDW since 2015, so how many times can you really ride the same rides. We can knock out AKV in half a day, and EPCOT is only really an evening park for us.

Everyone is different I understand but if I were looking to cut costs then I would drop from 9 days to 7 days and rent my points out.

$500 for tickets (since its only 7 days then)
2 Days = 35-40 points * $20/point (after taxes) = $700-$800
$200-$300 for finding a place offsite with a nice pool (or even going down in Tampa area for a beach/ocean area and flying out of there likely for a better price than MCO as well saving on flights)

For us it would be even bigger because we do 2BRs.

I personally though don't see the value in resort stays compared to what you can get elsewhere off Disney property. Might be because I am in the area of the Waterpark Capital of the World which means we have some great resorts with multiple indoor/outdoor waterparks that you get access to and a normally room can range from $100-$400/night at times during the year. Surpasses even Stormalong at Beach Club by a fair margin.

 

[BamaGuy44]

I think if that happens the value will be low enough that more and more people won't need financing and likely these loan companies go to much higher interest rates instead of having people jump through hoops.

No doubt they would go to higher interest rates if they consider the loans risker. Also would be much more selective on who they loan to. You don't even have to do a credit check right now with Monera.

 

[Genie+]

$500 for tickets (since its only 7 days then)

We’re going to WDW in mid December. Our 5 Day Non-Hopper tickets are over $700 each. It’s nuts now.

The 5 day hopper is over $800. 7 day with and without hopper- $780 and $881.
From a ticket broker, the cheapest found is $785 for one week hopper.

Looking at tickets next month while we’re doing TRON d23 preview - 3 day hopper is $552
We decided on 2 day 1 park tickets for $320 each. That’s plenty anyway for the short time we have.