Cost Per Point, Per Year, Per Night

[heapmaster]

You should get an award for this, DisBoarder of the week!!!!

I agree, this is some great info, answered my question from the other post about RIV vs other resorts and thanks for the time you put into it!

 

[lmhall2000]

NOT that I'm suggesting you do this on your day off, but I wonder how RIV stacks up with resale at a larger block of points level. We were deciding between adding on 200-ish points at BLT so we'd have enough points to easily get 1-2BR, or the same # of points at RIV. We picked RIV for a number of reasons, but at the larger point levels, with developer incentives at the time, we paid something like $165-$166/pt and broke the contract up into 3 smaller contracts if we needed to sell. At the time, BLT had to be $145 and up to pass ROFR.

(I am at work trying to catch up on stuff as the office is closed, but if I start procrastinating ....)

Are you saying it is possible to buy a large point contract and break it up? Fees involved? How does that work?

 

[crvetter]

Are you saying it is possible to buy a large point contract and break it up? Fees involved? How does that work?

If you buy direct DVC will split the contract up into individual contracts of sizes you want (typically 25+ points minimum). You will have to pay closing fees on each contracts; however, the real cost of this is effectively the Admin Fee, Deed, and if you have a mortgage the mortgage fee. Else the taxes and insurance (if you take it) should roughly be the same.

 

[DougEMG]

That would be awesome to see

Edit: Realized I actually have the formulas all set. Took me two minutes to punch in the avg resale price from DVC Resale Market. I'll try and upload the tables in here later today or tomorrow. Taking a quick look, while there are some small jumps, the rankings are pretty close. For example PVB is ranked 10 or 11 in all seasons. With direct pricing, PVB is between 10 to 12 in all seasons

Edit #2: Since we don't really have resale prices for Riviera, I assumed 188 was it's resale value. This would rank it between 11 and 14, so closer to the bottom. Of course, you get the added economic benefits of the Blue Card.

I wouldn't of guessed that the rankings wouldn't of changed much between direct and resale pricing. Interesting.

 

[CanadaDisney05]

I wouldn't of guessed that the rankings wouldn't of changed much between direct and resale pricing. Interesting.

Ill try and get the results up tomorrow

 

[dropd]

As it has been discussed at great lengths in many threads about the high point chart of Riviera, I figured I'd put together some concrete data. I only had the patience of doing this for standard studios, as those seem to be the rooms with the highest demand, where the 11 month booking window is the most critical. I also didn't include AKL value studios, or Riviera's Tower Studios. I also only did this using direct costs.

Are these numbers coming from the basic amortization of cost per point divided by years remaining on term, plus 2019 dues/fees?

To be clear this is most useful to anyone who is certain that they will not decide to sell their contract before end of term, and who also does not want to factor in the time value of money (which really, you should). If you are modeling out keeping DVC for, say, 10 years or less, BCV/BWV look a bit better because resale should continue to command a bit of a premium for awhile longer vs some of the other resorts, which offsets some of the advantages of the cheaper resorts (after ~10 years I wager that it probably starts to get dicey again as 2042 becomes real to people).

 

[CanadaDisney05]

Here are the same charts, but using resale pricing. Source: DVC Resale Market's Sept 2019 Average Price report. For Riviera, I used direct pricing since it's really the only current option.

Adventure Season:

Resort	Cost Per Point Per Year	Points Per Night	Cost Per Night	Resort Ranking (Resale)	Resort Ranking (Direct)
Bay Lake Tower Polynesian Grand Floridian Grand Californian Riviera Vero Beach Hilton Head Boardwalk Beach Club Copper Creek Boulder Ridge Aulani Old Key West Animal Kingdom Saratoga Springs	10.03 9.91 10.28 10.68 12.07 12.48 11.82 13.00 13.72 10.57 12.10 9.93 9.94 10.44 9.46	11.57 16.86 17.86 18.43 15.57 13.43 7.71 10.86 15.29 15.29 15.29 17.00 10.86 11.57 11.86	116.11 167.04 183.55 196.90 187.95 167.59 91.19 141.10 209.76 161.61 185.00 168.81 107.93 120.81 112.13	4 8 11 14 13 9 1 6 15 7 12 10 2 5 3	4 10 12 14 8 9 1 6 15 7 13 11 2 5 3

 

[CanadaDisney05]

Choice Season:

Resort	Cost Per Point Per Year	Points Per Night	Cost Per Night	Resort Ranking (Resale)	Resort Ranking (Direct)
Bay Lake Tower Polynesian Grand Floridian Grand Californian Riviera Vero Beach Hilton Head Boardwalk Beach Club Copper Creek Boulder Ridge Aulani Old Key West Animal Kingdom Saratoga Springs	10.03 9.91 10.28 10.68 12.07 12.48 11.82 13.00 13.72 10.57 12.10 9.93 9.94 10.44 9.46	12.57 18.57 17.86 21.14 16.86 14.43 11.43 11.14 15.29 15.29 15.29 19.00 11.14 12.57 13.14	126.14 184.02 183.55 225.90 203.47 180.07 135.10 144.81 209.76 161.61 185.00 188.67 110.77 131.25 124.29	3 10 9 15 13 8 5 6 14 7 11 12 1 4 2	3 11 10 15 8 9 5 6 14 7 12 13 1 4 2

 

[CanadaDisney05]

Dream Season:

Resort	Cost Per Point Per Year	Points Per Night	Cost Per Night	Resort Ranking (Resale)	Resort Ranking (Direct)
Bay Lake Tower Polynesian Grand Floridian Grand Californian Riviera Vero Beach Hilton Head Boardwalk Beach Club Copper Creek Boulder Ridge Aulani Old Key West Animal Kingdom Saratoga Springs	10.03 9.91 10.28 10.68 12.07 12.48 11.82 13.00 13.72 10.57 12.10 9.93 9.94 10.44 9.46	13.57 21.86 21.86 NA 18.57 16.86 16.57 14.86 17.14 17.14 17.14 NA 14.14 13.57 14.14	136.18 216.58 224.67 0.00 224.16 210.38 195.89 193.08 235.24 181.25 207.47 0.00 140.59 141.69 133.75	2 10 12 NA 11 9 7 6 13 5 8 NA 3 4 1	3 11 12 NA 6 9 7 8 13 5 10 NA 2 4 1

 

[CanadaDisney05]

Magic Season:

Resort	Cost Per Point Per Year	Points Per Night	Cost Per Night	Resort Rankings (Resale)	Resort Rankings (Direct)
Bay Lake Tower Polynesian Grand Floridian Grand Californian Riviera Vero Beach Hilton Head Boardwalk Beach Club Copper Creek Boulder Ridge Aulani Old Key West Animal Kingdom Saratoga Springs	10.03 9.91 10.28 10.68 12.07 12.48 11.82 13.00 13.72 10.57 12.10 9.93 9.94 10.44 9.46	16.57 24.14 24.14 27.71 22.86 18.14 NA 15.43 19.14 18.14 18.14 22.00 15.43 16.57 15.14	166.28 239.23 248.16 296.12 275.89 226.42 NA 200.51 262.69 191.82 219.58 218.45 153.37 173.01 143.21	3 10 11 14 13 9 NA 6 12 5 8 7 2 4 1	3 11 12 14 10 7 NA 6 13 5 9 8 2 4 1

 

[CanadaDisney05]

Premier Season:

Resort	Cost Per Point Per Year	Points Per Night	Cost Per Night	Resort Rankings (Resale)	Resort Rankings (Direct)
Bay Lake Tower Polynesian Grand Floridian Grand Californian Riviera Vero Beach Hilton Head Boardwalk Beach Club Copper Creek Boulder Ridge Aulani Old Key West Animal Kingdom Saratoga Springs	10.03 9.91 10.28 10.68 12.07 12.48 11.82 13.00 13.72 10.57 12.10 9.93 9.94 10.44 9.46	20.86 32.43 32.43 32.00 29.14 24.71 18.43 21.43 25.86 25.14 25.14 24.00 21.71 20.86 21.43	209.28 321.33 333.33 341.91 351.75 308.43 217.84 278.49 354.83 265.83 304.29 238.31 215.85 217.75 202.65	2 11 12 13 14 10 5 8 15 7 9 6 3 4 1	3 12 13 14 9 10 5 8 15 7 11 6 2 4 1

 

[lmhall2000]

Pretty much confirms the 7 resales we are considering- all under 10.50- I guess that’s my sweet spot Thanks for doing this!!

 

[CarolynFH]

@CanadaDisney05, thanks for taking the time to set these up. I'm glad we bought in when we did - we could never afford it now.

 

[bdphill22]

Does this assume you buy points at a resort and then book at that resort only?

 

[CanadaDisney05]

Does this assume you buy points at a resort and then book at that resort only?

Yes

 

[Ruttangel]

Pretty much confirms the 7 resales we are considering- all under 10.50- I guess that’s my sweet spot Thanks for doing this!!

I think that number was already known, this takes it another level, look at PVB, well under 10.5 but after accounting for high point chart it drops to the bottom third of the table

 

[lmhall2000]

I think that number was already known, this takes it another level, look at PVB, well under 10.5 but after accounting for high point chart it drops to the bottom third of the table

I’m not that fluent yet in DVC- I have to keep coming back and dipping my toes until I’m ready to take the full plunge