DVC RESALES
DVC RESALES

Go Back   The DIS Discussion Forums - DISboards.com > Disney Vacation Club > DVC-Mousecellaneous
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 02-15-2013, 03:18 PM   #1
Mflaherty
Mouseketeer
 
Join Date: Jan 2013
Posts: 181

Selling a resale in say 15years that expires in 2042

I just bought dvc at boardwalk villas. Am excited but am concerned when my kids get to a certain age I may want to sell it. (probably not but its possible)Do you think it will sell when it expires in 2042? Just wondering...what it would be worth? Wonder if Disney will sell an extension optionlike they d with old key west.
Mflaherty is offline   Reply With Quote
Old 02-15-2013, 03:48 PM   #2
puffkin
DVC Owner- SSR & AKV
 
puffkin's Avatar
 
Join Date: Apr 2001
Location: Reading, PA
Posts: 8,973

I personally don't think they will offer an extension after all the problems with the OKW extension. I think DVC will just slowly control the downward pricing of the points through ROFR.
__________________
~Kelly~

Veteran of 25+ trips to the World
puffkin is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 02-15-2013, 04:58 PM   #3
Missyrose
DIS Veteran
 
Missyrose's Avatar
 
Join Date: Jan 2009
Location: Northern Va.
Posts: 7,108

Quote:
Originally Posted by puffkin
I personally don't think they will offer an extension after all the problems with the OKW extension. I think DVC will just slowly control the downward pricing of the points through ROFR.
Disney hasn't really used ROFR to control resale prices since the recession hit. Yes, they have ROFRed the occasional low-priced outliers. But last year when BWV prices had dipped below $50 per point, Disney didn't do anything about it through ROFR. I personally know people who got BLT for $68 per point and BWV for $45 per point.

As for the OP, there's the chance that people will be willing to buy your DVC contract in 15 years, but I think it will all depend on how high the maintenance fees are by then. You're better off assuming you won't see any return on your contract and having it be a happy surprise if you do.
__________________
Missy Franklin (Pixel Dust) | Facebook: World of Yesterday, Tomorrow & Fantasy | Current TR: 8/14, 5/14 Past TR: 10/13, 1/13, 5/13, 10/12, 3/12 , 10/11, 10/10
'86, '90, '94, '98, '09, '10 -- Off site, 10/2011 -- CR, 3/2012 -- Windsor Hills, 10/2012 -- BCV/AKV-Jambo, 01/2013 -- BWV, 5/2013 -- BLT, 10/2013 -- YC CL, 5/2014 -- BWV, 08/2014 -- VGF/BLT, 12/2014 -- BWV, 4/2015 -- BLT

Missyrose is offline   Reply With Quote
Old 02-15-2013, 05:59 PM   #4
ELMC
DIS Veteran
 
ELMC's Avatar
 
Join Date: Jul 2011
Location: Connecticut
Posts: 1,981

Quote:
Originally Posted by puffkin View Post
I personally don't think they will offer an extension after all the problems with the OKW extension. I think DVC will just slowly control the downward pricing of the points through ROFR.
I think it's a bit of a reach to suggest that Disney actively controls the prices through ROFR. I think it's more accurate to say that the resale prices are influenced by Disney's ROFR activity. I don't believe that Disney particularly cares what resales are going for, but if there is a good deal to be had, they will take it.
__________________
ELMC is offline   Reply With Quote
Old 02-15-2013, 06:01 PM   #5
Deb & Bill
DVC-Trivia Contest, Apr-2006: Honorable Mention
 
Deb & Bill's Avatar
 
Join Date: Mar 2000
Location: USA
Posts: 44,859

When there is only 15 years left on the contract, I'd bet someone would take it off your hands for $1.
__________________
Deb - DVC Member since '97
OKW and VWL Homes

Stop the madness. No more DVC construction.
Bring back Vacation Magic. Dump Disney Files!
Stopped drinking the Kool-aid long ago.
Deb & Bill is offline   Reply With Quote
Old 02-15-2013, 06:30 PM   #6
luckyman_apd
DIS Veteran
 
luckyman_apd's Avatar
 
Join Date: Nov 2010
Location: NJ
Posts: 1,314

Quote:
Originally Posted by Deb & Bill View Post
When there is only 15 years left on the contract, I'd bet someone would take it off your hands for $1.
I'd take it for a $1 when there's only 5 years left
__________________
Coronado Apr 2009, BLT Feb 2011, SSR June 2011, DLR June 2012, BLT Nov 2012, OKW Mar 2013, SSR Aug 2013, BLT Dec 2013, BLT/BCV July 2014, SSR Sept 2014
MeDWDD(9)DS(5)
luckyman_apd is offline   Reply With Quote
Old 02-15-2013, 06:49 PM   #7
Deb & Bill
DVC-Trivia Contest, Apr-2006: Honorable Mention
 
Deb & Bill's Avatar
 
Join Date: Mar 2000
Location: USA
Posts: 44,859

Quote:
Originally Posted by luckyman_apd View Post
I'd take it for a $1 when there's only 5 years left
But you would still have to pay the $10.99 a point dues.
__________________
Deb - DVC Member since '97
OKW and VWL Homes

Stop the madness. No more DVC construction.
Bring back Vacation Magic. Dump Disney Files!
Stopped drinking the Kool-aid long ago.
Deb & Bill is offline   Reply With Quote
Old 02-15-2013, 07:13 PM   #8
Chuck S
DVC Boards Co-Moderator
 
Chuck S's Avatar
 
Join Date: Feb 2000
Location: Seguin, Texas USA
Posts: 25,913
DISboards Moderator

As far as an extension, if they offer one, I'd expect the offer to be made much closer to 2042. OKWs extension did not garner the support that they had hoped from the membership. I'm thinking possibly because many of us original owner will be very elderly or not around any more by 2042, and we decided to let our heirs worry about whether they want to commit themselves to the expense of an extension. Plus, the extended points really aren't bringing in enough difference in price in the resale market to offset the cost of the extension.

The extension for OKW was a challenge legally, as well. If someone really had the time, desire and $$ to contest it in court, DVC may get a surprise.
__________________

DVC Member at OKW since 1992
Chuck S is offline   Reply With Quote
Old 02-15-2013, 08:31 PM   #9
lodge
DIS Veteran
 
Join Date: Dec 2012
Posts: 841

I'd buy a Timeshare that expires in 14 years if priced right... taking into account the cost of a hotel room at that time. There'd be a benefit to knowing you only have a decade and a half of maintenance fees.

Cost of the maintenance fees will be kept in check by the cash rooms prices... if too high, there'd be a tremendous amount of contract selling going on.
lodge is offline   Reply With Quote
Old 02-15-2013, 08:39 PM   #10
Caren90
DIS Veteran
 
Join Date: Jan 2002
Location: Massachusetts
Posts: 642

In 15 years, Disney might be bought out by a foreign company. If you think this idea is far fetched, just look at Budweiser.
__________________
Caren90 is offline   Reply With Quote
Old 02-15-2013, 09:19 PM   #11
Dean
DIS Veteran
 
Dean's Avatar
 
Join Date: Aug 1999
Posts: 31,731

Quote:
Originally Posted by Mflaherty View Post
I just bought dvc at boardwalk villas. Am excited but am concerned when my kids get to a certain age I may want to sell it. (probably not but its possible)Do you think it will sell when it expires in 2042? Just wondering...what it would be worth? Wonder if Disney will sell an extension optionlike they d with old key west.
There may be a market but I doubt the return will be appropriate compared to what's invested, even at today's resale prices. If I had this concern I'd simply buy less points and make do for the time you wanted to use it. While they may or may not offer an extension, it's unlikely it'll be financially reasonable, OKW wasn't by far.
__________________
Dean
Dean is offline   Reply With Quote
Old 02-16-2013, 05:15 PM   #12
amypetecar
DIS Veteran
 
Join Date: May 2008
Posts: 681

Ive had the same concern. My rational is that if i wanted to sell 15 years down the road, but resale prices were too low, that i could rent the points for the last 15 years or so. It seems like a safe assumption that rack rates will be higher than dvc dues, and could therefore make more money by renting vs. selling the last few years of my contract
amypetecar is offline   Reply With Quote
Old 02-17-2013, 12:55 AM   #13
gdrj
DIS Veteran
 
gdrj's Avatar
 
Join Date: Jan 2012
Posts: 546

Quote:
Originally Posted by Mflaherty View Post
I just bought dvc at boardwalk villas. Am excited but am concerned when my kids get to a certain age I may want to sell it. (probably not but its possible)Do you think it will sell when it expires in 2042? Just wondering...what it would be worth? Wonder if Disney will sell an extension optionlike they d with old key west.
Our kids are in college and out. We use it more now, since we can do studios for the two of us. In the past we would use up points too quickly based on Holidays and room size. We have been at DVC 3 x times this year, bought AP and TIW for first time in a dozen years!

As far as resale, I always tell people who are thinking about buying assume Zero return. I know that its not accurate but if you count on getting zero back and do sell you will be happy with what you get.
gdrj is offline   Reply With Quote
Old 02-21-2013, 10:38 PM   #14
dwelty
"God Bless 'em, let 'em pee"-Roy Disney
 
Join Date: Aug 2006
Location: Temecula, CA
Posts: 1,832

If I ever got to that point I would just rent out the points each year. With the increase each year of on property accommodations, it is likely you could rent the points for more $$ than your maintenance fees.
__________________

dwelty is offline   Reply With Quote
Old 02-21-2013, 11:22 PM   #15
DonnaL
DIS Veteran
 
DonnaL's Avatar
 
Join Date: Feb 2005
Location: NE PA
Posts: 2,219

Agree with gdrj.......our kids are all adults now and rarely go with us (however, our 24 year old did just go with us to Disneyland VGC in January) and the two of us still go and have a great time!! We were at WDW in mid December for a long weekend .....stayed at Kidani Village.......didn't even go into a park and still had a great time! Then, we went to DLR/VGC in mid January (took our youngest (24) son and our 11 year old grandson on that trip) and had a blast....we did have 4 day PH's for that trip.
However, we're spoiled by the 1 and 1 bdrms and do have a hard time when staying in a studio.....we really do like the luxury of having a full kitchen and a washer/dryer available right in our unit....not to mention not having the king size bed in a studio.....since we have one at home....it's difficult to downsize. Once in awhile we will stay in a studio if we know we need the points for another trip or if we know for sure we're going to be dining out a lot and won't really need the kitchen.
DonnaL is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DVC-Resales.com | 1-800-550-6493 (Contact The Timeshare Store) | DVC Resale Listings

facebooktwittergoogle plus youtube itunesDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 10:54 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.