Riviera resale change and value of BCV/BWV

[ljmiii]

Someone had a question on another DVC forum about buying at BCV and as I was composing my answer it just hit me - I think Disney just increased the value of BCV/BWV contracts (at least in the 1-5 year timeframe).

I had been somewhat worried that the opening of a new EPCOT/HS resort with a post-2068 end date would give pause to resale buyers of BCV. But now...a buyer 'educated' enough to consider a BCV/BWV resale purchase would have to balance the shorter RTU vs the knowledge that buying direct at Riviera is a fool's game.

When at 5 years cheap Riviera resale contracts - that can't be used at the 'original 14' - hit the market in volume I'm not sure what happens. But in the shorter term it seems like a strong positive for BCV/BWV owners.

 

[TheHolleys87]

I think that’s possible. I’m also happy that I can sit back and watch — no plans to sell or buy in the foreseeable future.

 

[TravelTime]

I think the resale value of the 14 original resorts will at least maintain their value since they offer the most flexibility at the lowest price (vs retail). But we shall see what happens.

DVC is making so many changes this year that it is hard to keep up...the new 2020 points allocation chart, the new resale restrictions and the upcoming retail price increases on points. Not to mention all the changes that are not DVC related. I can see why people get upset. Too much change all at once.

 

[ljmiii]

I think that’s possible. I’m also happy that I can sit back and watch — no plans to sell or buy in the foreseeable future.

An enviable position in which to be in. I sold about 40% of my BCV points last year. Partly to lock in a tidy profit before Riviera 'launched' and RTU, partly because selling them at some point was part of my 'plan' when I bought into BLT in 2015, and partly because our kids are headed off to college in a few years.

As the proverb goes (at least as DVC owners) we live in interesting times.

 

[TheHolleys87]

An enviable position in which to be in. I sold about 40% of my BCV points last year. Partly to lock in a tidy profit before Riviera 'launched' and RTU, partly because selling them at some point was part of my 'plan' when I bought into BLT in 2015, and partly because our kids are headed off to college in a few years.

As the proverb goes (at least as DVC owners) we live in interesting times.

We bought BWV in 1997 when our kids were 9 and 13, now we're empty nesters so are truly enjoying the flexibility of DVC (most trips we're by ourselves but we can treat the kids and grandkids from time to time). Obviously we're in it for the long haul.