DVC Show: Would You Extend Your DVC Contract?
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LuAnn Leidig
November 30, 2020I would
John Gessing
November 30, 2020I would extend if it included blue card privileges.
My resale Boardwalk contract expires in 2042.
It will expire on my 82nd birthday. So I don’t really need an extension.
Chris Sieraczynski
November 30, 2020One thing you forgot to get into is cost of maintenance fees when bought okw in 1996 I paid 700.00 for 210 points now fees are 1700.00
John Gessing
November 30, 2020Sure maintenance fees are a consideration.
Hopefully once extended, the resale / rental points market would still be attractive enough to compensate for years I might not go. Or if I just wanted to sell it off in my 70’s
Sky Born Dancer
November 30, 2020Fun discussion, thank you. The main issues for me would be price of extension, and also, what resorts would I get to trade access to? Because I wouldn’t know what disney is going to do with other 2042 resorts. Will they even been DVC? Or converted into convention space or something…
Tim
November 30, 2020We own at Saratoga Springs Resort, which doesn’t expire until 2054 when I’ll be 92 and my wife 91. We bought in with my daughter and son-in-law, and our grandkids love going to Walt Disney World. With this dynamic, I would extend my membership even though my wife and I wouldn’t be able to take advantage of it.
Chris Sieraczynski
November 30, 2020I’m reading the idea of extending your contract remember it’s a contract for the resort so if you extend that resort will be there you have a legal contract. Prices and cost will keep going up ! I never thought when I bought in that these timeshares would be that popular around the world
I have met people from Germany, France. England etc. They all bought in
Jason Herbert
November 30, 2020I own Hilton head points with a 2042 expiration. I don’t think I would extend at this particular property as I’m not sure how long Disney will own it after that. Also I can’t imagine what the dues would be.
Harold W.
November 30, 2020DEFINITELY. I am obsessed with being a DVC member.
Trish
November 30, 2020We extended our OKW to 2057 when the offer was made several years ago. Our kids were babies then and we felt it was worth it to extend to give them a chance to continue using it, and the price was attractive. We own at Saratoga and Hilton Head as well and I would consider extending there if the price was right and, as someone mentioned above, if the blue card privileges continued.
Norm
November 30, 2020We bought into DVC back in 1994 with Old Key West Resort being our home resort. Our membership will expire in 2042. A few years back, they gave us the option to extend our ownership. At the time, we didn’t want to do it for financial reasons. Now, my wife and I are much better off and would certainly do it. We’ll be in our 80’s when our membership expires, so we want to do it for our grandchildren.
Fast Eddie
November 30, 2020We also own at Saratoga Springs Resort and bought in 2006. The contract expires in 2054 and I’ll be 107. I don’t think I’ll make it that long. I’ll leave it up to my three sons on what to do. Just a thought, if you do the math on just yearly fees I think we are looking at about $6000 or more by 2054. Having said that I don’t think I would extend.
John Belt
November 30, 2020I think I would pass. I’ll be 103 and my wife will be 105 when BLT expires so it will be a race to see which expires both of us, me or the contract. 🙂
We will pass the contracts to our daughter if she is interested in it.
John
Carol
November 30, 2020I would not. (I’ll be too old). But also, FWIW, the market has NEVER valued the extended contracts anywhere near what Disney charged for them. Not a good value at Disney’s price for the extension.
disneydaddy001Jack
November 30, 2020Same as the folks above. I will be nearly 90, so no. However, if I owned at one of the 2042″s it would depend GREATLY on how long this “less-for-more” policy continues at D.V.C., and Disney Parks in general.