Has anyone thought about this? Boardwalk expires in 2042. (As do BC and BRV.) For the last few years, the value of Boardwalk Villa contracts will be decreasing year by year. In the last 2 or 3 years, they will have ZERO value. Okay. Then Disney takes them back and says, "Hey, have we got a deal for you! Only $245 a point!" Of course, it will now be extended to 2092 (just thinking about that date makes my head hurt). Clearly, based on past performance, it will be 'worth it.' BUT, will there be any psychological impact, based on the fact that just the year before, it was worth ZERO?
in 2042, the following resorts come "due":
Vero Beach
Hilton Head
BWV
BCV
BRV
OKW is extended to 2057; that's a done deal regardless if owners opted to extend or not.
Most likely, DVC divests itself of Vero Beach and Hilton Head in 2042.
But. That leaves 3 resorts that must be redone and sold at the same time. That's a tall order, both to take three resorts out of the system at the same time, to renovate three resorts at the same time, and to resell them all at the same time.
BWV opened in 1996
Wilderness Lake (BRV) opened in 2000
BCV opened in 2002
After this point, DVC began extending the end dates on resorts to give them 50 full years.
But.
BWV was sold with only 46 years avail
BRV was sold with only 42 years avail
BCV was sold with only 40 years avail
My guess is that DVC will eventually offer extensions to give each of these resorts 50 full years and that will allow them to take each resort out of commission in rotation in order to renovate them and resell them such that they can do so one at a time:
BWV to 2046, BRV to 2050, BCV to 2052.
This would also allow them to use the 2042 date to divest themselves of Vero Beach, Hilton Head and to deal with the OKW disaster (owners with different end dates, one being in 2042) and its impact on the whole system without having to deal with these three resorts at the same time.