KBLovedDisney
Well-Known Member
But, I shouldn’t have to.I do get what you are saying. For a place that once was simple to visit and enjoy, you know have to go through a lot of hoops to get the most out of it.
But, I shouldn’t have to.I do get what you are saying. For a place that once was simple to visit and enjoy, you know have to go through a lot of hoops to get the most out of it.
There is no rational analysis to be made when it comes to DVC points. I believe BLT was selling new in 2010/2011 in the ballpark of 140pp, so even those people can break even with commissions after 10 years of ownership. Not too shabby. The common wisdom when I bought Polynesian direct in 2016/2017 was that you should always buy resale and the blue card wasn't worth it, but I've saved a ton of money on annual passes so far and those points can easily sell now for $10 a point more than I paid for them.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.
Resale price predictions are roughly as accurate as a blindfolded dart throw, but in your case I wouldn't sell either. At worst if you rode this thing for 10 more years you at least broke even based on what you paid.The thing that DVC has in its favor vs regular real estate/time share market is that it’s tied to the hotel market.
Disney hotel rooms go up in price at a higher rate than any other hotel I’ve ever been in.
while there is an expiration to your dvc contract, with BLT in 2060, the value and appreciation will be there for years to come. That’s why expiration date is so important.
Im not selling my BLT contracts and I’d be will to bet you a years worth of my points that 5 years from now the resale on BLT is WAY higher than it is right now, especially with inflation being early in the first inning.
…you’re not wrong. It’s like the boat got steered for 15 years and then asked the rudder “what happened?!?”Concept - not bad
Cost - meh, okay
Spending half of my vacation worrying about my daily attraction schedule on my phone* - fail
Their master plan has finally come to fruition. People have become so exasperated about the previous 10 years of capacity problems that not only is Disney able to put the onus of scheduling and vacation satisfaction indirectly onto the customer's shoulders, they are making more money doing it! Genius!!
*Yes, we all largely do all of our attraction on our phones already .. but its still stressful either way
You will be judged for this as being an “alarmist” by those that can’t handle the concept of being a responsible consumer that doesn’t owe unconditional support for something because of their emotions…If you had told this board in 2016 that by 2021 tickets would not only be over $100 but would cost around $135, Fast Pass would be a pay service, parks would require reservations, it would take about 90 minutes to two hours to phone guest services, the slate of rides that would be announced in 2017 would still not be open, entertainment would be cut to the bone, every parade would be cancelled, the nighttime shows would be replaced with inferior versions, and the parking lot trams would be defunct, not a single person would believe it. Most would assume it was a parody that was too exaggerated to really hit home. Disney’s defenders would accuse you of arguing in bad faith and having a cartoonishly evil view of corporations.
Now imagine what Genie+ and standby lines will be like by 2026.
And no, it’s not primarily the pandemic - that’s Disney’s excuse, but look at them pack lines or stuff people into the ferries or monorails at MK close. They’re not constrained by the pandemic and haven’t been for a while. And the prices and Genie are totally unrelated.
Perfectly stated and 1000% accurate.If you had told this board in 2016 that by 2021 tickets would not only be over $100 but would cost around $135, Fast Pass would be a pay service, parks would require reservations, it would take about 90 minutes to two hours to phone guest services, the slate of rides that would be announced in 2017 would still not be open, entertainment would be cut to the bone, every parade would be cancelled, the nighttime shows would be replaced with inferior versions, and the parking lot trams would be defunct, not a single person would believe it. Most would assume it was a parody that was too exaggerated to really hit home. Disney’s defenders would accuse you of arguing in bad faith and having a cartoonishly evil view of corporations.
Now imagine what Genie+ and standby lines will be like by 2026.
And no, it’s not primarily the pandemic - that’s Disney’s excuse, but look at them pack lines or stuff people into the ferries or monorails at MK close. They’re not constrained by the pandemic and haven’t been for a while. And the prices and Genie are totally unrelated.
I will deff be spending the money on either LA or tokyo for Disney and dollywood or europa park or other europe parks otherwise.If you had told this board in 2016 that by 2021 tickets would not only be over $100 but would cost around $135, Fast Pass would be a pay service, parks would require reservations, it would take about 90 minutes to two hours to phone guest services, the slate of rides that would be announced in 2017 would still not be open, entertainment would be cut to the bone, every parade would be cancelled, the nighttime shows would be replaced with inferior versions, and the parking lot trams would be defunct, not a single person would believe it. Most would assume it was a parody that was too exaggerated to really hit home. Disney’s defenders would accuse you of arguing in bad faith and having a cartoonishly evil view of corporations.
Now imagine what Genie+ and standby lines will be like by 2026.
And no, it’s not primarily the pandemic - that’s Disney’s excuse, but look at them pack lines or stuff people into the ferries or monorails at MK close. They’re not constrained by the pandemic and haven’t been for a while. And the prices and Genie are totally unrelated.
That all sounds great. DL, Tokyo, and Dollywood remain great parks.I will deff be spending the money on either LA or tokyo for Disney and dollywood or europa park or other europe parks otherwise.
wow, this is... grim!If you had told this board in 2016 that by 2021 tickets would not only be over $100 but would cost around $135, Fast Pass would be a pay service, parks would require reservations, it would take about 90 minutes to two hours to phone guest services, the slate of rides that would be announced in 2017 would still not be open, entertainment would be cut to the bone, every parade would be cancelled, the nighttime shows would be replaced with inferior versions, and the parking lot trams would be defunct, not a single person would believe it. Most would assume it was a parody that was too exaggerated to really hit home. Disney’s defenders would accuse you of arguing in bad faith and having a cartoonishly evil view of corporations.
Now imagine what Genie+ and standby lines will be like by 2026.
And no, it’s not primarily the pandemic - that’s Disney’s excuse, but look at them pack lines or stuff people into the ferries or monorails at MK close. They’re not constrained by the pandemic and haven’t been for a while. And the prices and Genie are totally unrelated.
You guys keep saying that but you guys still keep going back. Look at those who first said they hate Genie+ and not going to buy it. Now all of a sudden they are trying to figure out how to get the best use of it. If you want to make a statement it's got to come from the hardcores and their word of mouth.If you had told this board in 2016 that by 2021 tickets would not only be over $100 but would cost around $135, Fast Pass would be a pay service, parks would require reservations, it would take about 90 minutes to two hours to phone guest services, the slate of rides that would be announced in 2017 would still not be open, entertainment would be cut to the bone, every parade would be cancelled, the nighttime shows would be replaced with inferior versions, and the parking lot trams would be defunct, not a single person would believe it. Most would assume it was a parody that was too exaggerated to really hit home. Disney’s defenders would accuse you of arguing in bad faith and having a cartoonishly evil view of corporations.
Now imagine what Genie+ and standby lines will be like by 2026.
And no, it’s not primarily the pandemic - that’s Disney’s excuse, but look at them pack lines or stuff people into the ferries or monorails at MK close. They’re not constrained by the pandemic and haven’t been for a while. And the prices and Genie are totally unrelated.
I go a lot less. About 12% or so as much as I used to. And I haven’t stayed at a WDW resort in decades. Why do posters always assume the curmudgeons haven’t dramatically changed their behavior?You guys keep saying that but you guys still keep going back. Look at those who first said they hate Genie+ and not going to buy it. Now all of a sudden they are trying to figure out how to get the best use of it. If you want to make a statement it's got to come from the hardcores and their word of mouth.
To be fair - not all of us. And I'm an Orlando resident now. I actively avoid going to Disney property at all and actively don't spend money if I ever do (and usually only to see someone out of town where I try to see if we can meet elsewhere). I know I'm just one person, but it has taken a number of folks either out of the loop or reduced the visits.You guys keep saying that but you guys still keep going back. Look at those who first said they hate Genie+ and not going to buy it. Now all of a sudden they are trying to figure out how to get the best use of it. If you want to make a statement it's got to come from the hardcores and their word of mouth.
IMO to really make a statement is to stop going all together.I go a lot less. About 12% or so as much as I used to. And I haven’t stayed at a WDW resort in decades. Why do posters always assume the curmudgeons haven’t dramatically changed their behavior?
Because they usually can’t make a counter argument or it has to be an either/or proposition.I go a lot less. About 12% or so as much as I used to. And I haven’t stayed at a WDW resort in decades. Why do posters always assume the curmudgeons haven’t dramatically changed their behavior?
You know that will be deemed “crap”…far before It opens…it’s not Disney.You know, Universal is opening a third park…
It does have be an either of proposition. If you hate what it's become why continue to support it? My guess is you're addicted to the pixie dust and can't stay away.Because they usually can’t make a counter argument or it has to be an either/or proposition.
OR Disney World means a lot to me, has been important to my life, and I still think AK and MGM are good, if overpriced, parks. Even EPCOT still holds nostalgia for me, though it’s current state makes that bittersweet.It does have be an either of proposition. If you hate what it's become why continue to support it? My guess is you're addicted to the pixie dust and can't stay away.
Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.