PDA

View Full Version : OKW extension offer



drosenbe
10-01-2007, 11:54 AM
Just got our OKW extension offer package...wow, they sure do spend our money on packaging!!!
Great design with the light up thingy.

At $15/point...it is more tempting than at $25 a point...What does anyone else think? Basically you are paying (in our case) $150 a year for the extra 15 years...I don't know...

hubbyofadisneyholic
10-01-2007, 07:56 PM
At $25 a pt it was an easy no for us. At $15 a pt we have to think about it. My wife and I won't be around in 2057 and our daughter would be in her late 60s by then.
The main reason we are even considering it is concern about what may happen to the potential resale value of we stay with the 2042 end date.:confused:

vizsla
10-02-2007, 05:42 AM
At $15 a point, DW and I are seriuosly reconsidering about investing in the extension. It is a much more reasonable offer and it would add more years of enjoyment for our DD.

ThanxForNoticin
10-02-2007, 12:47 PM
The main reason we are even considering it is concern about what may happen to the potential resale value of we stay with the 2042 end date.:confused:

I'm not sure I understand what you mean about the potential resale value? Buying the points will essentially take a contract ending in 2042 and extend it to 2057. There is no "resale impact".

The $15 per point offer is interesting, though. We also were a definite 'no' at $25. This offer will take more consideration. The decision will impact our kids much more than us, though!

drosenbe
10-02-2007, 12:57 PM
Actually, one of the cons of the DVC plan is that the value of your 'investment' actually goes down every year. so if the lease is valid for an additional 15 years, that extends the value of the membership.

DVC is still not an 'investment', but resale value can be taken into account.

ThanxForNoticin
10-02-2007, 03:43 PM
After thinking about your statement, I realized what you meant. Sorry. And yes, I would imagine the extra 15 years could be important. Thanks.

Tink65
10-02-2007, 04:10 PM
I only have a 40 point contract at OKW however I like the idea of having more years. OKW is one of my favorite resorts. I really like the tropical feeling and the space.... oh and low points.:blush:

DonLefNY
10-03-2007, 08:53 PM
We are going to take the offer on our 210 point contract, but not on our 25 point add on.

mjstaceyuofm
10-08-2007, 08:42 AM
We have 230 points at OKW and extended. For $3450 it seemed to make sense. The $10/pt discount made the offer a no-brainer for us.

I would suspect that a similar offer would be extended to the other resorts that have point expiration dates of 2042.