Thanks for posting! Oof. Feeding and caring for exatic animals is spendy. But I just check my DVC spreedsheet and I projected the AKV dues at $9.00 so I guess I am coming out ahead!
When I look at my buy DVC versus Rent Points comparison spreadsheet, I had taken the average increase in dues, then increased it slightly to account for higher than expected cases. But this is the second year in a row now that it is almost DOUBLE what I expected the increase to be. Since this compounds annually on future increases, it means that the investment into DVC will now take until our 6th trip to break even rather than our 5th.
As far as I recall they’re still rolling out the CM wage increase they announced a couple of years ago. Also not sure whether the property taxes might have been higher than normal.
I also look at how much my stay would be if I paid out of pocket to determine when I’ll break even. I had not considered that I wouldn’t rent a 2 bv on my own but I’ll stick w/ my method for ease of calculation
It will take 3 stays for me to break even, but that’s a full week every 2 years (doubling up points), so more like 5-6 stays for someone traveling annually.
Dues are definitely rising faster than anticipated for SSR (From DVC Resale Market):
*Compound Annual Growth Rate (CAGR) is the year over year growth rate of the dues over a multiple-year period
**Aulani Contracts that originated pre-July 6th, 2011 have dues in 2022 of $6.52/pt.
***Vero Contracts that originated pre-January 1st, 1996 have dues in 2022 of $9.41/pt.
I took a look at my spreadsheet from 2017 and I used 3.5% as my estimate when buying SSR. I’m curious what you used? I do think 3-4 has been a historical average. Where do you own?
But my DH (who I still can’t believe agreed to buy DVC) always asks about the other. Good news, DVC is still.leading by an average of $100 a night compared to where we “would” have stayed. Typically moderates.
I have tried to figure out why OKW is so much higher than others and my guess is the fact it’s many smaller buildings vs a few larger ones also more real estate so more real estate taxes, etc.