Polynesian Resort.....The final nail in the coffin ?

[Parker in NYC]

The bigger the better!

 

[Ayla]

Sorry, but to confirm would you recommend buying into DVC or no? Currently looking at options with fiancé.

I would not recommend buying DVC now. It used to be a good value, it no longer is. If you want to stay in DVC accommodations, rent points. You get a nicer place to stay with no commitment. Let someone else be stuck with the multiple year mortgage and lifetime maintenance fees.

 

[Disstevefan1]

I would not recommend buying DVC now. It used to be a good value, it no longer is. If you want to stay in DVC accommodations, rent points. You get a nicer place to stay with no commitment. Let someone else be stuck with the multiple year mortgage and lifetime maintenance fees.

Don’t worry, folks will still buy into DVC. Just asking, when was a WDW vacation about getting value for your dollar?????? Folks who go to WDW KNOW there is better value outside the bubble but they choose go go knowing this.

A WDW vacation and Value is a oxymoron.

 

[Ayla]

Don’t worry, folks will still buy into DVC. Just asking, when was a WDW vacation about getting value for your dollar?????? Folks who go to WDW KNOW there is better value outside the bubble but they choose go go knowing this.

A WDW vacation and Value is a oxymoron.

I know people will still buy into DVC. I looked into it seriously about 5-7 years ago, but we didn't have the disposable income at the time.

Now that we *could* pay for DVC, the price hikes and reduced perks (sound familiar?) are no longer worth the value to me.

 

[nickys]

On the first point, I was saying that by buying resale, you would get a shorter lease term than buying at the original level, and when I meant studio level, I was implying you go on for a contract with the smallest number of points (I believe it's 150?). On the third point, the thread is about adding inventory to the Polynesian by replacing Luau Cove with rooms, no?

I don’t understand that first sentence at all.

You can buy BCV direct and you’d still have a 2042 expiration date.

What do you mean by “you would get a shorter lease term than buying at the original level”?

 

[homerdance]

I don’t understand that first sentence at all.

You can buy BCV direct and you’d still have a 2042 expiration date.

What do you mean by “you would get a shorter lease term than buying at the original level”?

I have no idea what they were specifically speaking to, but if you buy direct for OKW from Disney it is a better deal then buying resale for non extended contracts. The difference between resale OKW and direct is easily overcame by the 15 extra years of use. But that’s the only resort. Al the others it makes no sense (except in a very few circumstances) to buy direct.

 

[CuteAsMinnie]

*Chapek would do

*and D’Amaro

 

[networkpro]

Don’t worry, folks will still buy into DVC. Just asking, when was a WDW vacation about getting value for your dollar?????? Folks who go to WDW KNOW there is better value outside the bubble but they choose go go knowing this.

A WDW vacation and Value is a oxymoron.

It is all dependant on your personal economic perspective. If your income is dependent on any of the virtually shuttered industries or has been off-shored by globalization (Walmart effect) it has definitely soured over the past two decades. I won't even begin a discussion on how precarious a time-share instrument is as an "investment" really is.

 

[Disstevefan1]

It is all dependant on your personal economic perspective. If your income is dependent on any of the virtually shuttered industries or has been off-shored by globalization (Walmart effect) it has definitely soured over the past two decades. I won't even begin a discussion on how precarious a time-share instrument is as an "investment" really is.

As for my "personal economic perspective" while I am not rich, I am by no means poor either and I do have the $$ to spend on a WDW vacation but I am not going to fool myself into thinking there is value there compared to other vacation destinations, but all logic aside, I still want to be there..

I will maintain that you can't spreadsheet your WDW vacation and show there is value for the dollar there. The NEED for a WDW vacation goes beyond the spreadsheet; its emotional, NOT logical.

Disney knows this.....

 

[ᗩLᘿᑕ ✨ ᗩζᗩᗰ]

I can't wait for a concrete box with some crap tossed on it for "theming".

If something goes here, make it unique. Not another Riviera, Reflections, or Grand Floridian DVC.

Maybe they'll add a "Dynamic Art" Installation!

 

[networkpro]

As for my "personal economic perspective" while I am not rich, I am by no means poor either and I do have the $$ to spend on a WDW vacation but I am not going to fool myself into thinking there is value there compared to other vacation destinations, but all logic aside, I still want to be there..

I will maintain that you can't spreadsheet your WDW vacation and show there is value for the dollar there. The NEED for a WDW vacation goes beyond the spreadsheet; its emotional, NOT logical.

Disney knows this.....

Its all about perception. If you chose another destination either inside or outside of the US, you'll of course have different factors to evaluate even if its "all inclusive". How heavily will your trip be curated, what will you consume and how distanced and/or divorced from reality will it be in relation to the average inhabitant of that locality? I limit this comparison to WDW only, DL is surrounded by a hot mess.

Return visitors to the House of Mouse generally know all of these things like the back of their own hands and the new visitors have websites like WDWmagic as well as numerous written guidebooks to refer to before and during their trips. The unknowns are minimal.

 

[Tony the Tigger]

I would not recommend buying DVC now. It used to be a good value, it no longer is. If you want to stay in DVC accommodations, rent points. You get a nicer place to stay with no commitment. Let someone else be stuck with the multiple year mortgage and lifetime maintenance fees.

Exactly.

 

[Tiggerish]

I would not recommend buying DVC now. It used to be a good value, it no longer is. If you want to stay in DVC accommodations, rent points. You get a nicer place to stay with no commitment. Let someone else be stuck with the multiple year mortgage and lifetime maintenance fees.

Exactly.

They’re not exactly lifetime maintenance fees, they have an expiration date. Mine is 2042 at OKW, purchased in 1998.

And absolutely, non-owners should rent points. I’ve been making at least double my maintenance fees for the past 3 years by renting out my points.

I know people will still buy into DVC. I looked into it seriously about 5-7 years ago, but we didn't have the disposable income at the time.

Now that we *could* pay for DVC, the price hikes and reduced perks (sound familiar?) are no longer worth the value to me.

Good decision. I’m not sorry I bought when I did, but I sure wouldn’t buy in today.

 

[Tony the Tigger]

I sure wouldn’t buy in today.

Exactly!

Too bad I didn’t sooner.

 

[Tiggerish]

Exactly!

Too bad I didn’t sooner.

I know! You’re like the ideal candidate.

But not now. Pre-2005, maybe.

 

[Minthorne]

I bought in 2014 resale at SSR for $72 a point. Glad I did.

 

[nickys]

I have no idea what they were specifically speaking to, but if you buy direct for OKW from Disney it is a better deal then buying resale for non extended contracts. The difference between resale OKW and direct is easily overcame by the 15 extra years of use. But that’s the only resort. Al the others it makes no sense (except in a very few circumstances) to buy direct.

Another time it can make financial sense is if you’re wanting a small add-on, say 50 points.

 

[Ayla]

They’re not exactly lifetime maintenance fees, they have an expiration date. Mine is 2042 at OKW, purchased in 1998.

And absolutely, non-owners should rent points. I’ve been making at least double my maintenance fees for the past 3 years by renting out my points.

Good decision. I’m not sorry I bought when I did, but I sure wouldn’t buy in today.

Maintenance fees end when your timeshare ends.

 

[ParentsOf4]

From what I gather they’re having trouble selling Riviera. I think the resort is beautiful, but not themed enough to be at WDW. I think/hope they’ve learned their lesson and won’t go the cheap looking route again. Saying that if you really look at the poly at it’s base all it really is are modular buildings with some good set dressings and landscaping. I bet if Disney built this today people would cry cheap lol.

Sales of the Riviera were pretty good before the pandemic, on par with sales of other recent DVC resorts:

The red areas show were sales of new resorts overlapped. Overlapping sales tend to hurt individual DVC resort sales since two or more resorts are competing against each other.

Riviera sales have really struggled since the pandemic.

A bit shocking in that Copper Creek sales picked up modestly, even though that is a sold-out resort.

 

[Goofyernmost]

As for my "personal economic perspective" while I am not rich, I am by no means poor either and I do have the $$ to spend on a WDW vacation but I am not going to fool myself into thinking there is value there compared to other vacation destinations, but all logic aside, I still want to be there..

I will maintain that you can't spreadsheet your WDW vacation and show there is value for the dollar there. The NEED for a WDW vacation goes beyond the spreadsheet; its emotional, NOT logical.

Disney knows this.....

How you enjoy it is part of the value. If you still enjoy it, no matter the cost, than that is what it is worth to you or anyone else that feels the same way. If anyone felt it was no longer worth the money they would not be getting what they are paying for and therefore would no longer find sufficient joy in the expense. The enjoyment part can only be measured by yourself, there is no sliding scale to look at. The real measure that you have is since you mentioned "other vacation destinations", if you HAD to chose Disney or "the other" which one would you pick. That is what determines the worth for you specifically.