Hi All - Reasonably new to the whole DVC thing (about to close on an OKW resale) and looking for some advice. My wife and I have decided that buying direct, for at least some points, for the blue card benefit is worth the premium. However there are some complicating factors including:
- Riviera - With the resale restrictions, not sure this makes the most sense. While I don't anticipate selling, much can change in 1 much less in 50 years so am thinking that Riviera, even with the 2xPoints for 2020 doesn't make much sense. Mainly around the issue of how appealing the contract would be for potential reasale if the points can only be used there.
- Older Resort Resale - Have spoken to a DVC rep and have a list of resorts I am interested in but they price higher than Riviera (ranging from a high of $60.00/pp higher to $30.00/pp less). For example, Copper Creek, currently on sale is priced at $220/pp vs. Riviera @ $195/pp. The range of contract terms is not quite so stark, ranging from 37 years to 48 years.
Am looking to purchase the minimum 100pts and balance between the options above and am also looking for input from folks more knowledgeable than I, including:
- Is any resort "better" to own than any other? I understand that Grand Floridian is considered, by some at least, the "flagship" so is trying to purchase there vs. Riviera worth the premium?
- Are monorail resorts more desirable than those accessible by other means (OKW for example, by Boat and bus)? I know mechanical items have a tendency to breakdown (as found out directly during our December 2019 visit where we waited for an 1hr at Epcot for the monorail) but feel (superficially at least) that the closer to WDW the better.
- What are folks' thoughts about term? We'd be in the range of 85-95 when these come due (with kids, at that point, 10-13 years older than I am now) so is an older resort, with a shorter term worth the savings or going with a Riviera contract (including the restrictions)?
- What are the community's thoughts on saving the $$ and go with an older resort?
Have not ruled out buying additional points resale btw, the goal here is to get the "blue card" benefits as the wife puts it. Home resort and pricing are the sticky's for us.
Thoughts?
- Riviera - With the resale restrictions, not sure this makes the most sense. While I don't anticipate selling, much can change in 1 much less in 50 years so am thinking that Riviera, even with the 2xPoints for 2020 doesn't make much sense. Mainly around the issue of how appealing the contract would be for potential reasale if the points can only be used there.
- Older Resort Resale - Have spoken to a DVC rep and have a list of resorts I am interested in but they price higher than Riviera (ranging from a high of $60.00/pp higher to $30.00/pp less). For example, Copper Creek, currently on sale is priced at $220/pp vs. Riviera @ $195/pp. The range of contract terms is not quite so stark, ranging from 37 years to 48 years.
Am looking to purchase the minimum 100pts and balance between the options above and am also looking for input from folks more knowledgeable than I, including:
- Is any resort "better" to own than any other? I understand that Grand Floridian is considered, by some at least, the "flagship" so is trying to purchase there vs. Riviera worth the premium?
- Are monorail resorts more desirable than those accessible by other means (OKW for example, by Boat and bus)? I know mechanical items have a tendency to breakdown (as found out directly during our December 2019 visit where we waited for an 1hr at Epcot for the monorail) but feel (superficially at least) that the closer to WDW the better.
- What are folks' thoughts about term? We'd be in the range of 85-95 when these come due (with kids, at that point, 10-13 years older than I am now) so is an older resort, with a shorter term worth the savings or going with a Riviera contract (including the restrictions)?
- What are the community's thoughts on saving the $$ and go with an older resort?
Have not ruled out buying additional points resale btw, the goal here is to get the "blue card" benefits as the wife puts it. Home resort and pricing are the sticky's for us.
Thoughts?