News Round Up 2017

[DISnewjersey]

News

Reminder AK hours change a bit today

http://blogmickey.com/2017/07/adjusted-animal-kingdom-park-hours-go-effect-today/

I'm assuming they will eventually extend the hours for the fall, right? My dates in November are currently saying 7pm closing...

 

[jade1]

Dvc doesn't work out to be $ 100 a night anymore...

Does for me. A far cheaper option is now offered to current members-POLY was full price prior, and GF.

But we don't use it because of the monorail, just the great value.

 

[lockedoutlogic]

Does for me. A far cheaper option is now offered to current members-POLY was full price prior, and GF.

But we don't use it because of the monorail, just the great value.

When did you buy it?

 

[Roxyfire]

Dvc doesn't work out to be $ 100 a night anymore...it was in the mid $100s range (guesstimate) when the points were half the price...

Which was 10 years ago...so that makes my point again.

Right, even as a resale buyer it was a large chunk of change to put up at once. Ultimately financed by unfortunate circumstances in my case, but others might be savings, bonus, real dollars that can be spent any number of ways. Only for the truly "have" types especially now at $185 a point (ouch).

 

[dlavender]

When did you buy it?

Where have you been?

Jade bought 10 years ago for a handshake and a smile.

Always gets reservations for every date 1 week out.

Now it's worth $40K and it's all profit if Jade sells.

Better than a 401k.......

 

[lockedoutlogic]

Where have you been?

Jade bought 10 years ago for a handshake and a smile.

Always gets reservations for every date 1 week out.

Now it's worth $40K and it's all profit if Jade sells.

Better than a 401k.......

I need confirmation from
The horse...I'm not gonna take the butcher's word for it...

 

[jade1]

When did you buy it?

Which one/s? Quite a few used contracts including BWV was only a few years ago at $55, BCV at $65, BLT $96 original although even that is pushing $125 to $150 now. Heck SSR was like $45 and now $85, just didn't want that as my back up.

Admitting that staying on the cost of dues means your investment is at least what you paid, then either profit if above, or costing more if below.

However-at a minimum-they did add POLY/GF to existing DVC members, which is a homerun for us IMO. They didn't have to.

 

[lockedoutlogic]

Which one/s? Quite a few used contracts including BWV was only a few years ago at $55, BCV at $65, BLT $96 original although even that is pushing $125 to $150 now. Heck SSR was like $45 and now $85, just didn't want that as my back up.

Admitting that staying on the cost of dues means your investment is at least what you paid, then either profit if above, or costing more if below.

However-at a minimum-they did add POLY/GF to existing DVC members, which is a homerun for us IMO. They didn't have to.

Good grief, jade...

We're talking about price increases...you can't refer to old bills that you paid or someone paid for you years ago and make that argument now!

You missed the whole point. Of course it was a good deal then/now...but you can't beach club for $65 bucks...the current price with promotions is $150-160 for dvc contracts of full term...

That's about $300 a night adjusted over the term for a studio...actually more cause they moved one bedroom points into the studio bank and shuffled the weekday/weekend dates.

I know you like to talk about how peachy the prices are...but you brought a knife to a gun fight on this one...
...actually you brought a covered dish.

 

[jade1]

Good grief, jade...

We're talking about price increases...you can't refer to old bills that you paid or someone paid for you years ago and make that argument now!

You missed the whole point. Of course it was a good deal then/now...but you can't beach club for $65 bucks...the current price with promotions is $150-160 for dvc contracts of full term...

That's about $300 a night adjusted over the term for a studio...actually more cause they moved one bedroom points into the studio bank and shuffled the weekday/weekend dates.

I know you like to talk about how peachy the prices are...but you brought a knife to a gun fight on this one...
...actually you brought a covered dish.

Not my point at all.

Simply said that an "option" was provided by WDW to current owners that a gives them a significant savings at the POLY and GF.

You can argue that if you want.

 

[jade1]

And I also agree that my value (investment) of DVC points has doubled right along with it so........

 

[jade1]

Plus you can buy SSR for $85 today. Are you completely positive that isn't a hedge of what's coming-assuming the user plans to visit a lot?

I'm not so sure starting today I wouldn't buy that over just paying cash every single night.

Even if it stays at $85 for years-you are just staying on dues.

Or BWV at $95 with Star Wars Land coming-that I would do for sure.

 

[lockedoutlogic]

Not my point at all.

Simply said that an "option" was provided by WDW to current owners that a gives them a significant savings at the POLY and GF.

You can argue that if you want.

The ARGUMENT was about the pricing going up moving forward.

It has nothing to do with you.

Then you said $100 a night. What significant savings is dvc offering to reduce the price to $65 a point?...which is where it would have to be to back up your math...do tell?

 

[lockedoutlogic]

And I also agree that my value (investment) of DVC points has doubled right along with it so........

Again...not the issue.

 

[jade1]

do tell?

Buy BWV TODAY for $95, stay on dues for years as Star Wars Land, TS Land and EPCOT gets reworked.

Probably sell it for $150 soon enough.

 

[lockedoutlogic]

Plus you can buy SSR for $85 today. Are you completely positive that isn't a hedge of what's coming-assuming the user plans to visit a lot?

I'm not so sure starting today I wouldn't buy that over just paying cash every single night.

Even if it stays at $85 for years-you are just staying on dues.

Or BWV at $95 with Star Wars Land coming-that I would do for sure.

Yes...you can buy a resale (12 years in) to Saratoga for about $85...so 75% of the product at 115% of the price plus closing costs.

I know my first night in a studio, assuming a moderate level of dues rising over the course of the contract, was around $140 a night...and Saratoga cost me less with incentives than $85.

So where's the $100 room?

 

[jade1]

Yes...you can buy a resale (12 years in) to Saratoga for about $85...so 75% of the product at 115% of the price plus closing costs.

I know my first night in a studio, assuming a moderate level of dues rising over the course of the contract, was around $140 a night...and Saratoga cost me less with incentives than $85.

So where's the $100 room?

Length of contract doesn't enter into it.

If you buy today at $85, and sell in 5 years at $85-you stayed 5 years on dues, $100 a night.

Even if you buy POLY today ay $140, and sell in 5 years at $140.

 

[lockedoutlogic]

Buy BWV TODAY for $95, stay on dues for years as Star Wars Land, TS Land and EPCOT gets reworked.

Probably sell it for $150 soon enough.

Boardwalk villas opened in 1998...that was 19 years ago.

The contract ends in 2042...that's 25 years from now.

The cost is the upfront, + estimated dues over the ENTIRE CONTRACT per point and then multiplied back out to the room charge per night...

That's how this math works.

You're just kinda spinning numbers to try to make a predetermined point regardless of what those numbers say.

 

[jade1]

Th real pay off is when they rise, then the cost of money falls much further of course.

 

[jade1]

Boardwalk villas opened in 1998...that was 19 years ago.

The contract ends in 2042...that's 25 years from now.

The cost is the upfront, + estimated dues over the ENTIRE CONTRACT per point and then multiplied back out to the room charge per night...

That's how this math works.

You're just kinda spinning numbers to try to make a predetermined point regardless of what those numbers say.

Again-length is irrelevant.

 

[jade1]

If people want to keep paying what the rooms is worth for cash (currently $450) they can feel free to do that.