DVC and Jan 2042

[ljmiii]

Unsurprisingly, I've been thinking about our the endgame for our BWV ownership for a while now and something @brp wrote in the HGVC forum brought it to mind.

We love BWV (and BCV where we used to own) but obviously the Jan 2042 expiration is an issue. And unlike the MK resorts, BWV/BCV have an obvious alternative...the Marriott Swan/Dolphin/Swan Reserve complex. But the location isn't *as* good and while we like some of the restaurants at those resorts (e.g. Rosa Mexicano) we're not that fond of the vibe in general.

Perhaps worse they are quite expensive. I just make an upcoming reservation in a Boardwalk View studio at BWV that costs 63 points ($609.32 @ 2026 dues). The equivalent reservations I made at the Dolphin and Swan Reserve (in case I do decide to sell BWV) are both just under $2K (admittedly w/a King bed and no connecting door).

It frustrates me that there is no good answer. But I was wondering what other folk here are thinking about their Jan 2042 DVC ownership.

 

[Dean]

We've thought about it and it's been discussed ad nauseam over the years. While no one knows what DVC will do when the other 2042 resorts get close to the end of the RTU, I think it's unlikely they'll be an extension and ever more unlikely it'd be a reasonable option if they did offer an extension (the OKW extension options were not reasonable). We recently bought a resale AKV contract partly for that reason though mostly for the extra points, I would not have bought just for the RTU ending issue. We already own a smaller AKV contract which was our only retail DVC purchase. But 16 years is still a long time away.

 

[rickandcindy23]

You must be considerably younger than the two of us. In 2042, we will be 87. We did buy 1,000 OKW points that expire in 2057 direct from Disney. The kids will inherit, and the grandkids should get use as well.

Perhaps you will be offered a deal to extend your points because what will Disney do with it? Disney is selling timeshare like crazy.

 

[TheHolleys87]

We’ll be old enough in 2042 that it’s entirely possible we won’t live to see BWV end, so we added DD as an owner to avoid Florida probate. She can then do as she wishes at the time (use, rent, sell, give away).

I too doubt there will be an extension of the existing BWV condominium association. Instead I think they’ll renovate the building to bring to whatever standards are at the time and resell as part of the trust, complete with a new points chart where the units cost many more points than they do now.

 

[heathpack]

I will be 74 in 2042 and Mr H will be 81.

The only 2042 contract we own is 50 points at BCV. We have intentionally avoided buying resorts with 2042 expiration- not because we plan on using our DVC much past 2042 but because we want decent residual value in the contracts when we start selling them off around that time or even before. Our plan for the 50 pt Beach Club contract is to happily use it until 2042- the expectation is to use it personally but if we are not hale and hearty to maybe rent out our points over those "last hurrah" days.

What is it you're wondering about, exactly? Is it that you'd like to stay in the Crescent Lake area but think it will become unaffordable? I guess I assume that's what will happen and even if I were quite a bit younger than I am, I would not expect to stay in the Crescent Lake area past 2042. I imagine that there might possibly be something I could justify to myself as enough of a "deal" to buy it. But probably not because my sense is that the latest trend with Disney is to tier their offerings and expand offerings geared towards guests who don't care what things cost- they want convenience and easy access. So my sense is they will repackage BCV and BWV into an expensive "premium" product and make zero effort to offer something reasonably priced for existing owners or new members that fit the current demographic.

So my sense is when 2042 comes around, the Crescent Lake resorts will become unattainable for the likes of me. I am not the sort to pay $900/night for a hotel room.