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Old 01-08-2013, 06:15 PM   #29
JimMIA
A little Miami humor...
 
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Join Date: Feb 2005
Location: Miami, Wyndham Great Smoky Mountains, and EVER (Everglades National Park)
Posts: 11,275

Quote:
Originally Posted by Dean View Post
...and that they put value in on property options such that they're willing to pay more to that end.
To me, this is really the one KEY assumption that MUST underly any decision to purchase DVC. IMHO, you really have to be at the point where you simply would not be satisfied staying offsite.

Real world example: For May 2011, I booked a split stay -- OKW 1 BR for several days, Wyndham Bonnet Creek 1 BR for several days. Both stays were booked with DVC or Wyndham points and all days were Sunday - Thursday...so low points cost at both resorts.

I checked the costs, and the OKW 1 BR worked out to $189 per night (27 points X my per point cost of $7 per). To me, that is good value.

The Wyndham Bonnet Creek stay should have been $67.20 per night (15,000 points X $4.48/K), but we lucked out and got it for $40.32 per night (9,000X $4.48/K).

WBC is great, OKW is our favorite DVC resort. But $140 per night is $700 for the 5-night stay. We canceled OKW and spent the whole trip at WBC...and had a great trip.
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