VaderTron
Well-Known Member
i bought 330 points (a 160 and a 170 contract) for $99 a point to BLT in 2018 and now its selling for $175........I am pretty happy with that! No market is returning that percentage over that same time frame and that doesnt include all of my trips!
While you cornered the market at the exact time, this would not have been a good investment had you bought in 2010/2011. The current resale price is the same as it was back then. When you add in the annual dues and closing costs at purchase, you would have paid tens of thousands of dollars over the past decade for something that has the same value 10 years later. In that scenario, the previous poster was correct. Not better than investing in stock market.
However, since you happened to buy at a good low point before the regain to 2010/2011 levels, my recommendation would be to sell. You currently have about a $15,000 profit margin even with annual dues and closing costs paid, (and of course your "free" vacations spent in DVC rooms). Even with capital gains tax you will probably walk away with a cool $13,000 in total profit (which, again, takes into account the money you already spent in transaction and maintenance fees.) That won't be the case forever. Looking historically, Disney hits plateaus after large gains over a few years which eats into the overall gains. And then, of course, things like pandemics cause loss in value.
EDIT: Of course, if you ever rented out DVC points this opens up a whole new can of worms in resale value, adding more complications than a Wookie wandering into a Trandoshan hunting camp. Call a tax professional and get ready to enjoy the "Magic" of figuring out what you owe.
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