DVC v Wyndham

[Dean]

Yeah the restrictions are tough with that resort. The real issue is booking anything under 7 months will likely result in no availability, not to mention the high point values. I can see someone being stuck with a high point contract and no way to use points if they don’t make reservations within 11-7 months In advance. Are riviera resale restriction only limited to riviera usage or would the new reflections resort be included in that restriction as well? At least that would open up to a second resort option.

We won't know for sure until other resorts are announced or even when we see the documentation but presumably each new resort will be restricted to usage only at that resort for resale.

 

[CPNY]

We won't know for sure until other resorts are announced or even when we see the documentation but presumably each new resort will be restricted to usage only at that resort for resale.

I figured that. It be ok with only staying at riviera.... it’s the availability under 7 or even 5 mos that is the concerning part.

 

[Gracey]

I stayed at the Riviera this month and own at OKW. So not impossible to get at 7 months. The resort is beautiful and the skyliner is an awesome way to get to two of the parks. If it were me I would buy into a resort without that resale restriction and also break that 500 up into smaller contracts.

 

[CPNY]

I stayed at the Riviera this month and own at OKW. So not impossible to get at 7 months. The resort is beautiful and the skyliner is an awesome way to get to two of the parks. If it were me I would buy into a resort without that resale restriction and also break that 500 up into smaller contracts.

Not impossible at 7 mos at all. I’m talking about if you own resale there and you book at 5 Mo or less. At least you may be able to book SSR or OKW at that time with other resale ownerships. But you’re only restricted to riviera, the points are essentially useless if nothing avail at 5 or less.

 

[Dean]

I figured that. It be ok with only staying at riviera.... it’s the availability under 7 or even 5 mos that is the concerning part.

IMO anything for DVC under 7 months has some risk, even OKW & SSR so unless I could routinely plan at least 7 months out, I wouldn't buy DVC and for some resorts and times of the year, at least 11 months out.

I stayed at the Riviera this month and own at OKW. So not impossible to get at 7 months. The resort is beautiful and the skyliner is an awesome way to get to two of the parks. If it were me I would buy into a resort without that resale restriction and also break that 500 up into smaller contracts.

Until it's sold out and the new owners there have tried it, it's difficult to know about availability. With declared but not sold inventory there is always extra points therefore extra units albeit it a small margin.

 

[blondietink]

Why on earth would you need 500 DVC points to stay 1.5 weeks there? We own 175 DVC points and can stay at any of the Disney DVC resorts in a studio or one bedroom for 1.5 weeks and usually have some points left over. We need more than that for Aulani in Hawaii,but we are pretty good at banking points in order to do that once every 2 or 3 years.

 

[dagger1]

Why on earth would you need 500 DVC points to stay 1.5 weeks there? We own 175 DVC points and can stay at any of the Disney DVC resorts in a studio or one bedroom for 1.5 weeks and usually have some points left over. We need more than that for Aulani in Hawaii,but we are pretty good at banking points in order to do that once every 2 or 3 years.

How many points are recommended if you require 2 or 3BR units for the week?

 

[Dean]

Why on earth would you need 500 DVC points to stay 1.5 weeks there? We own 175 DVC points and can stay at any of the Disney DVC resorts in a studio or one bedroom for 1.5 weeks and usually have some points left over. We need more than that for Aulani in Hawaii,but we are pretty good at banking points in order to do that once every 2 or 3 years.

I think they're looking at a 2 BR for 1.5 weeks yearly and for that they may need around 500 roughly depending on resort and other specifics. I see a lot of mistakes made for those buying in around the number of points. Often those new to the system buy too few or too many and I'm not talking minor differences but like 50-75 then they add on quickly which makes it more expensive or they buy 500 when long term they only need 250-300 (as examples). Because it's Disney people often lose their minds.

 

[macman123]

I certainly need 500 points a year for 1.5 weeks. So 1000 for two years which is when I plan to stay. I would be staying in a one bed villa for 3 weeks.
So I’ve done the numbers and it’s around 227 p/w standard 284 preferred, bay lake 227/273 and GF, 247/296. That’s quiet time of year.

 

[ljmiii]

How many points are recommended if you require 2 or 3BR units for the week?

Unlike most MVC resorts, in DVC there is a huge difference between 2BRs and 3BRs. The 3BRs are Grand Villas and are usually more than twice the cost of a 2BR.

For example, in 2021 a 2BR at BLT varies between 268 and 636 points for a week depending on view and season. A 3BR varies between 613 and 1294.

 

[dagger1]

Unlike most MVC resorts, in DVC there is a huge difference between 2BRs and 3BRs. The 3BRs are Grand Villas and are usually more than twice the cost of a 2BR.

For example, in 2021 a 2BR at BLT varies between 268 and 636 points for a week depending on view and season. A 3BR varies between 613 and 1294.

Thank you! What are the approximate MF’s for 613 points? When we go to WDW, we always go with family and need at least 2 x 3BR’s.

 

[cbyrne1174]

BLT costs $140 per point resale. That's a $85,820 buy in cost with MF of $4,033.54 per year. If you think of it in terms of cost per point per year to include the buy in cost and maintenance fees, that's $10.08 per point ($6179.04 for 613 points).

 

[cbyrne1174]

If you stayed in Old Key West, which has the cheapest 3 bedrooms during the lowest season using Saratoga Springs points ($9.40 per point per year), it will cost you $3,280.60 for a week in a 3 BR. (349 points)

 

[bnoble]

Thank you! What are the approximate MF’s for 613 points? When we go to WDW, we always go with family and need at least 2 x 3BR’s.

You can find the point charts, per-point annual dues, and much more here:

Home | DVCNews.com - The essential Disney Vacation Club resource!

Disney Vacation Club's newest sales touchpoint is now available at Disney's Fort Wilderness Resort & Campground. The newest DVC 'Welcome Home Center' is now open at Fort Wilderness. Showcasing The

dvcnews.com

 

[blondietink]

If you are going to spend that kind of money, I think it would be cheaper to rent through a DVC rental agency like David's. You might be able to get a reservation that is a similar price to the yearly dues without the huge upfront spend.

 

[cbyrne1174]

Or buy the presidential reserve bonnet creek resale contract on here to stay in the presidential units at Bonnet Creek and get a nicer room for less money.

 

[katavitch]

Hello all

I have been to the DVC presentation.

I want 1.5 weeks a year (or 3 weeks every other year) at a Disney property.

500 points plus discount is $86,500. Annual dues around $4000.

Went to Wyndham presentation - 100k points is $25,000.

I need 63,000 points per year for a Disney property via RCI plus $125 per week.

Annual dues around $900

But I have read so many negative reviews of Wyndham.

I would only use for Walt Disney World properties. Generally no other on property non Disney hotels.

Wyndham seems far cheaper but too good to be true?

Thanks

Have you considered renting DVC points through something like DVC resales? Sign up for the Mousesavers newsletter and they provide good information. You could travel to disney a lot for $4000.00/yr plus your 85K by renting points from current owners. We had DVC and loved it but once our kids got older we did not go enough to justify keeping it. We were able to sell ours and get a good price out of it but since they have changed the way you can use you points not purchased thru DVC I doubt you can get as good of a price out of your resell, I believe we got out at a good time. We now have Wyndham Access and the Bonnet Creek Resort is beautiful and very close to Disney Resorts with a pretty good shuttle service but it is not nearly as convenient as staying at the Disney resorts (our home resort was Bay lake Towers). I would highly recommend checking into renting DVC points.

 

[ljmiii]

Thank you! What are the approximate MF’s for 613 points? When we go to WDW, we always go with family and need at least 2 x 3BR’s.

In 2019 BLT and SSR's MFs were $6.40/pt so $3,923.20 for 613 points. Most WDW DVC MFs are higher.

Most people who stay at DVC at WDW as part of a large group book multiple 2BRs or many multiple studios because of the price/occupant. Obviously, YMMV.

If you rented from David's or DVC-rental that stay would be $12,260-$13,486 ($20-22/pt). Personally, I would not recommend renting if you want more than one room and/or want a specific 'hard to get' reservation (e.g. Theme park view over Christmas or Standard view during the 1st two weeks of December). Again, YMMV.

However, renting at a few different resorts for shorter stays to 'try out' DVC before committing might be a good idea. That said, we made our first DVC purchase after paying 'cash' for a DVC 2BR but bought 'sort of' sight unseen - we had stayed at the Beach Club but not the DVC building before buying BCV and at the Contemporary before buying BLT.

 

[TheHolleys87]

I certainly need 500 points a year for 1.5 weeks. So 1000 for two years which is when I plan to stay. I would be staying in a one bed villa for 3 weeks.
So I’ve done the numbers and it’s around 227 p/w standard 284 preferred, bay lake 227/273 and GF, 247/296. That’s quiet time of year.

If you are going to spend that kind of money, I think it would be cheaper to rent through a DVC rental agency like David's. You might be able to get a reservation that is a similar price to the yearly dues without the huge upfront spend.

Have you considered renting DVC points through something like DVC resales? Sign up for the Mousesavers newsletter and they provide good information. You could travel to disney a lot for $4000.00/yr plus your 85K by renting points from current owners. We had DVC and loved it but once our kids got older we did not go enough to justify keeping it. We were able to sell ours and get a good price out of it but since they have changed the way you can use you points not purchased thru DVC I doubt you can get as good of a price out of your resell, I believe we got out at a good time. We now have Wyndham Access and the Bonnet Creek Resort is beautiful and very close to Disney Resorts with a pretty good shuttle service but it is not nearly as convenient as staying at the Disney resorts (our home resort was Bay lake Towers). I would highly recommend checking into renting DVC points.

If you rented from David's or DVC-rental that stay would be $12,260-$13,486 ($20-22/pt). Personally, I would not recommend renting if you want more than one room and/or want a specific 'hard to get' reservation (e.g. Theme park view over Christmas or Standard view during the 1st two weeks of December). Again, YMMV.

Renting to stay in a one bedroom villa for three weeks would be feasible, especially if you're willing to split the stay among two or more resorts. The likelihood of a single owner having and wanting to rent out sufficient points to book three consecutive weeks is small (not impossible, just small), so it would be much more likely that each week would be rented through a separate owner and might be in a different resort. Being flexible in that case could indeed save quite a lot of money and avoid the long-term commitment of buying.

 

[raygo123]

Why not just book it thru Disney. I imagine for $85,000 you vpcan get many years stay.

Sent from my Lenovo TB-X103F using Tapatalk

 

[nomoretslt]

I usually reserve a 2 bedroom lock off and a studio or two when a big group is coming. Cheaper than a grand villa. They are quite beautiful but a lot of wasted space. The 2 bedroom lock off will have a full kitchen, washer/dryer, 3 full baths (one with a jet tub or bubble tub) a pull out couch plus sleeper chair (BLT and AKV only...maybe OKW ,not sure about that one) in the living room, plus a kitchenette in the lockoff portion.

 

[dagger1]

In 2019 BLT and SSR's MFs were $6.40/pt so $3,923.20 for 613 points. Most WDW DVC MFs are higher.

Most people who stay at DVC at WDW as part of a large group book multiple 2BRs or many multiple studios because of the price/occupant. Obviously, YMMV.

If you rented from David's or DVC-rental that stay would be $12,260-$13,486 ($20-22/pt). Personally, I would not recommend renting if you want more than one room and/or want a specific 'hard to get' reservation (e.g. Theme park view over Christmas or Standard view during the 1st two weeks of December). Again, YMMV.

However, renting at a few different resorts for shorter stays to 'try out' DVC before committing might be a good idea. That said, we made our first DVC purchase after paying 'cash' for a DVC 2BR but bought 'sort of' sight unseen - we had stayed at the Beach Club but not the DVC building before buying BCV and at the Contemporary before buying BLT.

Thanks!! Wow, so if we needed 2 x 3BR’s it would be really hard to do: we would need 3 x 2BR’s or 6 studios. We really enjoy all staying together, that’s one of the main reason we like timesharing. For example, we have a 4BR and a 3BR at the Wyndham Emerald Grande over spring break. Renting 7 bedrooms wouldn’t be the same...
We have too many kids and grandkids to stay in bedrooms. 2BRS would be much better than that. I just checked 7 nights at Bonnet Creek in a 3 BR 12/13-20 is 196,000 points, a little less than $1400...