Uh, 8-10 years is terrible. Just stagger the passes and then it’s even longer. PLUS you have no idea if you can sell without taking a bath. And this math on direct, non-promised perks, has some LARGE assumptions, as 2020 has shown.
So yea, definitely never RIV in this scenario.
Except your breakeven is in 10 years and then draw additional savings for the next 40 years. You always want to bring up its a large assumption about the benefits. In reality and we have went over this ticket discounts have existed since the start of DVC and are highly likely to continue.
There might be a chance that APs are removed and replaced again with length of stay tickets but guess what that would also save you money. So you are still saving money in the future.
This also doesn't account for the benefit of long term your points being direct and benefits of being able to stay anywhere. Not a big issue for the next 20 years but will start to be more of a benefit in 2042.
Again if you are thinking of selling or you are old then no buy resale. None of this accounts for the benefit of a fixed week as well and potential point increases we could continue to see the time of year the OP is going to travel.
I’ve never seen a poly contract go for $110, even though poly has less years left on it and lower member fees. I am not trying to knock RIV. We stayed there last March and, although it does have some drawbacks, it is a beautiful resort. We are flexible and love all of the resorts. I am just thinking about economics.
I suspect people have bought POLY for $110. Regardless there is a $55/point buffer built in to the RIV resale price over POLY when you go to sell. So if you are thinking of economics you are saving more money now by buying RIV over POLY (both in per point as well as total points needed).
I do find it interesting that the prevailing wisdom is to buy where you want to stay because trading out at 7 months is far from guaranteed and if you can't ever switch you need to be happy staying at your home resort and now the idea of being locked into a particular home resort is considered such a disadvantage.
100% which is why we decided to take our #2 choice (RIV) over our #1 choice (BWV) and buy direct while letting go 2 of our 3 BWV contracts. The more I looked at locking in 100 points direct at CCV/BLT the more I just decided RIV was the better choice and the math wasn't that drastically different ($155/point RIV direct for 300 points).
I know I’m like a stuck record but this is what a lot of people think...........
Why did they choose this theming, it’s just not Disney enough. Could argue the same for other DVC resorts but this was a brand new creation with the intellect of hundreds of imagineers. It doesn’t capture the heart in a way it should.
That’s before the issues on Location, transportation, resale, dues, point charts.
I mean how hard is it to sell DVC?, I could do better than this.
I think my overriding emotion is disappointment....sigh!
You love AKV which has plenty of issues yet you still love it. Thing is while the physical location is not attached to Epcot the Skyliner makes up for it. The resale restrictions for people who love the resort actually help with cheaper add-on points long term.
When you talk about point charts its 2020 they are going to be more than 10-20 year old resorts. Its not really out of line as its less than VGF/POLY and in line with BLT. It also likely will be less than DL Tower as well. CCV is an anomaly based on Disney stacking the point charts with Cabin points (even wrote something up on it in my signature).
Due are higher and will remain high but guess what those fees can only go to upkeep of the resort so it will fall in line with the benefits you get at the resort. Its also likely the difference shrinks for the next 3-4 years before stabilizing.
GFV really takes me away to a different place and time.
I personally view VGF as a high end resort not really much more. I think some of this is relative. I would consider BLT/CONT to be completely void of theming while others love it.
I am not saying RIV is over the top themed but it does have lots of little Disney touches that I personally like. Example when I look at CCV I see a resort that I could stay at where I live. Rented a cabin even on a lake this summer.