home News forums Reviews Trade links

Go Back   The DVC Boards at MouseOwners.com - the place to talk DVC and Walt Disney World > VACATION CLUB RESOURCES > Questions about Buying and Selling DVC
 Register FAQ Calendar Search Today's Posts Mark Forums Read


Thread Tools Display Modes

Old 07-12-2018, 07:56 PM   #31
Add-on Aficionado
helenabear's Avatar
Join Date: Apr 2008
Location: Central Ohio
Posts: 10,818

Originally Posted by avsheffi View Post
We bought a 100 pt triple loaded contract in 2013 for $65 pp. I just sold it completely stripped through 2020 for $105. Of course, I turned around and put that money towards a 125 pt CCV at $176.
Don't feel bad, we just did a tiny add on at PVB. After months and months of looking, I finally gave in. Also I didn't want to spend more for points I don't need. I had a cap on my budget and the contracts I did find were about $3k more.
helenabear is offline   Reply With Quote
Old 07-12-2018, 09:19 PM   #32
Grand Villa
Sephorin's Avatar
Join Date: Feb 2018
Location: Colorado
Posts: 1,093

Originally Posted by Jotunheim View Post
Keep in mind though that the last recession was unusually severe. I would expect that resale pricing would decline in the next recession, but it would probably be more in the 5-15% range. This is assuming your normal garden variety downturn.
I agree with this. The economic events in 2007-2009 were pretty spectacular. I doubt that the next downturn will be that severe. I also think that the next downturn is some years away.

On the other hand, there are folks out there who are a lot more intelligent than me who think that the next downturn will be the end of our current financial system as we know it. They might be right. The fractional reserve banking that all banks rely on seems completely insane to me. It's all based on trust. If trust breaks down (as it partially did in 2007-2009), then the system collapses.

However, so long as the world is run on fiat money, then governments can just print (or digitally create) whatever money is necessary to keep banks liquid. Since most governments have a vested interest in stopping any economic collapse from happening, I think they will probably be able to keep things going just fine. It's only if a critical mass of people lose faith in fiat currency that we will really have a problem.

Originally Posted by John2247 View Post
I am glad we bought 10 years ago. I wish now that we had bought more. I would expect the bubble to burst in the next two years or so, as we are due a recession in the country.
Originally Posted by BobParr View Post
There's no question it will happen. The question that matters is when. People warned against the real estate bubble bursting for years, but still lost their money because they didn't get out at the right time.
I don't know if the bubble is a good analogy for this stuff anymore. The next time something stupendous happens with the world economy, I think it will involve something other than a bubble. I think it will involve a paradigm shift that almost nobody will anticipate (including me).

Originally Posted by BobParr View Post
One thing to consider is that not all DVC are equal. Some won't be affected at the same rate, or to the same degree. The curve for HHI and Vero, for example, won't look much like BCV or BLT.
This is a very good point. I would expect the Epcot DVC properties and the monorail DVC properties to hold their value better than any of the others.
Sephorin is offline   Reply With Quote
Old 07-13-2018, 06:49 AM   #33
Add-on Aficionado
tink711's Avatar
Join Date: Sep 2013
Location: North Carolina
Posts: 6,617

Originally Posted by michaeldominick View Post
In looking at the resale prices over the years, I feel that resale prices have been around 50% of direct prices. Would like to hear othersí opinions on this statistic. So, by that measure resale prices look a little rich, but as long as they are cheaper than direct they will be attractive.
I agree that resale prices are really strong right now and I think there are 2 parts to that.
The first part is the basic concept of supply and demand. The economy is good and Disney is upping their game in the parks so there arenít significant percentages of owners looking to dump their points and move on. At the same time, the same factors are driving more people to want to buy in.

However, I tend to doubt we will ever see the 50% mark again. I think the second part of the historical data has to do with lack of knowledge of the resale market and a general fear of the unknown of what bad things you might be exposing yourself to by buying resale. The news is out about the resale market and boards like this one have gone a long way in creating a sense of legitimacy and a comfort level in buying resale.

Always dreaming of my next visit ...

tink711 is offline   Reply With Quote
Old 07-13-2018, 09:26 AM   #34
Grand Villa
avsheffi's Avatar
Join Date: Aug 2011
Location: Atlanta
Posts: 1,867

Originally Posted by BEAM4DVC View Post
Just FYI.... You could have saved even more money by buying more points, right!?!?!?!?
UGH! Don't tempt me!
Me (ageless); DH49; DS19 DD12

avsheffi is offline   Reply With Quote
Old 07-13-2018, 10:19 AM   #35
pooh bears mom
Grand Villa
pooh bears mom's Avatar
Join Date: Oct 2010
Location: RI
Posts: 3,946

DVC bubble will pop in the near future, but they will not lower prices, but start to offer large incentives of substantial price discounts per number of points you buy. Just my opinion
pooh bears mom is offline   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

All times are GMT -4. The time now is 07:30 PM.

© MouseOwners. "MouseOwners" is a registered servicemark. This is an unofficial fan site and is not affiliated in any way with The Walt Disney Company, the Disney Vacation Club, Disney Vacation Development, or any of their affiliates or subsidiaries. All Disney images © The Walt Disney Company.
Powered by Forum Software