• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

extending DVC At Old Key West?

karenvit

TUG Member
Joined
Jun 9, 2005
Messages
44
Reaction score
0
Points
6
We have been given an offer to extend our DVC membership for 15 years for $20/point--is this a good deal--thanks.

Karen
 

karenvit

TUG Member
Joined
Jun 9, 2005
Messages
44
Reaction score
0
Points
6
extending at old Key West

Thanks so much--very informative.

Karen
 

spiceycat

TUG Member
Joined
Jun 8, 2005
Messages
919
Reaction score
3
Points
228
Location
Tavares, Florida
Resorts Owned
Bay Lake Towers @WDW
depends upon how old you are and several other questions.

I did NOT.

but selling part of my OKW to pay for BLT.:whoopie:
 

icydog

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
4,867
Reaction score
334
Points
468
Location
Central NJ
Spicey,

They were selling BLT on the DVC member cruise with a lot of nice discounts but you had to be cruising to get them.

We thought about it and realized that it wasn't a match for us. We plowed a lot of money last year into our 200 pt AKV contract and are happy with that decision. The pt chart for BLT is such an increase in points for every room cat that we decided it wasn't worth it for us. Also, there will be very few MK views available which makes planning, anything other than at 11 months exactly, unrealistic.

We saw the rooms during our two week stay at OKW after and before the cruise. We liked them, especially the new studio with a real kitchen area. It was the first studio where I think we might be able to stay in the future. Thinking of that, and the large amount of studios offered at BLT, and with the hope we can trade in at 7 months after the first year, we decided to let this one play out.

As far as OKW, I was thinking of selling some pts and taking a profit. I can use the money now and renting has become a drag. I didn't buy anything on the cruise because of the money crunch but had I had the cash I think I would have purchased more AKV.

But that's what makes DVC so interesting. You and I know that. When you buy where you want to go, in this case BLT, you will be happy. So I wish you luck and the best with your new contract.
 
Last edited:

ngmaui

TUG Member
Joined
Jul 11, 2005
Messages
68
Reaction score
0
Points
6
Location
CNY
MF savings

One thing to consider when buying BLT over the other resorts (even with a higher start up cost) is that the MF for each point is $1 less and will stay that way since transportation infrastructure and check in lobby are already in place. If you consider a 200 point contract, that is $200 less per year in maintenance fees and over the course of time you can do the math...
 

icydog

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
4,867
Reaction score
334
Points
468
Location
Central NJ
Never thought of that. But I'll bet it goes up when they have to put on more intra-resort monorails for the extra people at BLT.
 

Dean

TUG Review Crew
TUG Member
Joined
Jun 7, 2005
Messages
9,909
Reaction score
3,582
Points
648
One thing to consider when buying BLT over the other resorts (even with a higher start up cost) is that the MF for each point is $1 less and will stay that way since transportation infrastructure and check in lobby are already in place. If you consider a 200 point contract, that is $200 less per year in maintenance fees and over the course of time you can do the math...
Given there's a developer subsidy, I doubt it'll stay that much less. I would agree that some aspects of maint should be less based on building structure. Disney will allot the transportation costs accordingly to BLT based on the number of people who stay there and reduce the costs to the other resorts accordingly just like they did at the other add on resorts.
 

spiceycat

TUG Member
Joined
Jun 8, 2005
Messages
919
Reaction score
3
Points
228
Location
Tavares, Florida
Resorts Owned
Bay Lake Towers @WDW
Never thought of that. But I'll bet it goes up when they have to put on more intra-resort monorails for the extra people at BLT.

you forget about the north wing that was there - it had 375 units (I think) - so the DVC units are not alot more.

plus there are several owners like me - who will put one or two people in the room for 4.

DVC has the most singles owners of any of the timeshares.

not counting on the MK view - but standard (definitely cheap) view - since this is the same as I am paying at VWL - I think it is fair. (would have liked it to be cheaper - especially with the view of CR or parking lot) - but hey will love it regardless.

now every so often - maybe once in 5 years will get the MK view. but certainly not every year.

the bay lake view is very nice too - so if I can't get the standard that will do.

waited 15 years for BLT - and definitely buying - that is if OKW sells - it should.

over the years BLT will be worth more than AKV - I know that is hard - but AKV has more villa is in a less accessible place.

bcv did better than DVC expected - so they are highering the points for BLT.

still think BLT will do just fine.

what kind of deals did they have on the cruise?

really thinking about taking a cruise - heard that the DVC guides were on all the cruises?
 

Culli

TUG Member
Joined
May 26, 2008
Messages
517
Reaction score
4
Points
378
Location
Madison, WI
One thing to consider when buying BLT over the other resorts (even with a higher start up cost) is that the MF for each point is $1 less and will stay that way since transportation infrastructure and check in lobby are already in place. If you consider a 200 point contract, that is $200 less per year in maintenance fees and over the course of time you can do the math...

Well if you can get SSR at $70-$75 a pt compared to $107 at BLT......that $1 MF disappears very fast. But if you go with the strategy buy where you want to stay this irrelevant. SSR is the best bang for the buck (resale) if you don't utilize the 7-11 month booking advantage.
 
Top