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NEWS Copper Creek Villas & Cabins Details, Point Chart & Pricing

Discussion in 'DVC News & Rumors' started by Russ, Mar 1, 2017.

  1. Russ

    Russ Staff Member Site Owner

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    CCV.PNG

    From the Blog Post:

    Disney Vacation Club has revealed the cost, points chart, and opening timeframe for Copper Creek Villas at Disney’s Wilderness Lodge.

    Current DVC members will be able to add-on points at CCV on March 8, while sales to the general public will start on April 5th. The resort is scheduled to open on July 17, 2017.

    The cost per point is $176, exclusive of any incentives (the same cost as the Polynesian Villas). DVC is offering members incentives of $1,000 off an add on of 150 points or more. The annual dues will be $7.3296 per point.

    Official Press Release

    Official Announcement:





    Details:
    Update:
    • Members who own at Disney's Copper Creek Villas can begin booking by phone on March 21, 2017.
    • All other Members can start booking online on April 26, 2017.
     
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  2. Russ

    Russ Staff Member Site Owner

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    Resort Map

    CCV Resort Map.PNG
     
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  3. Russ

    Russ Staff Member Site Owner

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    Copper Creek Villas

    CCV Villas.PNG


    Deluxe Studio

    CCV Studio.PNG


    [​IMG]


    One-Bedroom Villas

    CCV 1-Bed.PNG


    [​IMG]


    Two-Bedroom Villas

    CCV 2-Bed.PNG

    [​IMG]


    Three-Bedroom Grand Villas

    CCV 3-Bed.PNG


    upload_2017-3-1_12-47-45.png


    Copper Creek Villa Site Plan

    CCV Floorplan.PNG

    Based on an extrapolation of the floors that have been declared (5th and 7th floor) and the previous Wilderness Lodge floor plan there are estimated to be the following "units":
    • 13 Dedicated Deluxe Studios
    • 17 Dedicated One Bedroom Villas
    • 40 Two Bedroom Lock-Offs (which can be alternately booked as 40 Deluxe Studios and 40 One Bedroom Villas)
    • 71 Dedicated Two Bedroom Villas
    • 6 Three Bedroom Grand Villas
    • 26 Cascade Cabins

    Total: 174

    Note 174 is less than the 184 total units we know exist. The difference is likely going to be due to slight variations in floor plans on the remaining floors which haven’t been declared to DVC to sell yet. E.g. 9 Deluxe Studios could take the place of 3 Two Bedroom Villas on one of the floors, and/or a Two Bedroom Lock-Off could be replaced with a Dedicated Deluxe Studio and Dedicated One Bedroom (DVC considers Two Bedroom Lock-Offs to be one “unit”).
     
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  4. Russ

    Russ Staff Member Site Owner

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    Cascade Cabins

    CCV Cabins.PNG

    [​IMG]

    Cascade Cabins Site Plan

    [​IMG]
     
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  5. Russ

    Russ Staff Member Site Owner

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    Points Chart

    CCV Point Chart.PNG

    Fixed Week Points Charts
    via @Granny:

    Guaranteed weeks points.JPG
    Guaranteed weeks dates.JPG
     
    Last edited: Mar 8, 2017
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  6. Russ

    Russ Staff Member Site Owner

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    Pricing, Incentives, and Financing

    Pricing
    • Pricing is currently $176/point for existing Members (same as PVB and Aulani)
    Incentives
    • Incentives for existing Members through 5/31:
      CCV Incentives.png

      Fixed Weeks at Copper Creek Villas and Cabins at Disney’s Wilderness Lodge are not eligible for this offer.
    Financing
    • Existing Members:
      • 11.99% with 10% down
      • 8.99% with 20% down
      • 0.5% interest rate reduction if you participate in direct debit payment plan
     
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  7. Russ

    Russ Staff Member Site Owner

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    Non-Member Rental Rates


    CCV-Cash-Rates.jpg
     
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  8. Bobby

    Bobby Staff Member Moderator

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    Here are a couple details I heard about Copper Creek:

    50 pt. min. to add-on for Members

    75 pt. min. to join for New Members

    Will be available to prospects on 4/5

    Available to Members to buy on 3/8

    Dues will be $7.33/pt.
     
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  9. DVC Mike

    DVC Mike Founder

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  10. hakunamatata

    hakunamatata Active Member

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    Ouch. Looking forward to seeing what the breakdown is for these dues at the end of the year.
     
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  11. Bobby

    Bobby Staff Member Moderator

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    That one caught me a little off guard also. You're right. I'm interested in seeing the breakdown as well. That's going to be a tough pill to swallow if it's a trend over the duration of the contract.
     
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  12. Merida

    Merida Veteran Member

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    Eek the maintence fees! I wonder why are so high? Is any one here buying ?
     
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  13. DVC Mike

    DVC Mike Founder

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    It's the second highest dues. Only Vero Beach is more.

    [​IMG]
     
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  14. Russ

    Russ Staff Member Site Owner

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    Looks like there is going to be a repeat of the early sales issues experienced with PVB in some states:
    upload_2017-3-1_13-37-31.png
    upload_2017-3-1_16-48-21.png
     
    Last edited: Mar 1, 2017
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  15. Russ

    Russ Staff Member Site Owner

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    I wonder if they were able to keep the point chart down by funding some of the initial construction through loans paid by annual dues, thus the higher fees?
     
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  16. DougEMG

    DougEMG Active Member

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    Will be interesting to see how that breakdown compares to BRV. I can see the property tax and maintenance costs on those cabins being higher than normal and driving MF up.

    Anyone know what the total number of points are at the two resorts now?
     
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  17. hakunamatata

    hakunamatata Active Member

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    This feels like a marketing tool of the current DVD head. They used it for VGF when PVB came out. Now, it feels like a repeat to sell PVB while CCV is being rolled out.

    PVB was delayed for sales in California by 2 or 3 months. New York was also delayed a long time before they could sell PVB over the phone to them.

    Many tour DVC while at WDW, but don't purchase until they are back home. If they fly home, the guide may legally have to deny everything about it. Guides may opt to push PVB because that's a major headache. If this is the case, I suspect guides will point to the lower dues. Also, when the next PVB declaration (probably last one) comes out this month, they may very well mention it's nearly sold out.
     
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  18. wdrl2

    wdrl2 Well-Known Member

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    Given how Walt Disney Parks & Resorts operates, I think its virtually impossible for the Copper Creek Condo Association to end up funding, even through loans, the capital improvements at a DVC resort.

    By the way, I really like how you created a map of the Copper Creek villas and color coded the different types of villas. Very nice!
     
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  19. LauraM

    LauraM Master Member

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    Was going to. Had DH on board. He even said yes to a fixed week, albeit the cheapest studio week at 118 points. I thought the starting price would be the $176 but that they'd give a break to current members before sales opened to the general public and maybe current members would pay around $170-171. Fail there and then I saw the dues...another fail. And DH doesn't really blink at the annual dues price per point so he might still buy but I am firmly saying no and that is, um, unusual. Someone feel my forehead.
     
    Last edited: Mar 1, 2017
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  20. Russ

    Russ Staff Member Site Owner

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    I thought that might be the case, but the fact HHI raised dues to payoff a loan for repairs made me think maybe the same thing could be done for improvements. If this isn't possible, how are the capital improvements for the Common Elements (e.g. Boulder Ridge Pool) shared with BRV funded by BRV Condo Association? Seems like they would have to take out a loan for these improvements and pay it off or are they coming out of reserves? Is it possible it's coming out of reserves for BRV (thus lower dues), but they are taking out a loan for CCV for these expenses (thus higher dues to pay for the loan)? If this is possible, it seems like they could also fund Common Elements exclusive to CCV the same way, rather than include them in the up front cost?
    Thank you, sir! You are a gentleman and a scholar :tu:.
    There are incentives for current members, posted above.
     
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  21. DVCNewbie1212

    DVCNewbie1212 Master Member

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    Thank you for all the nicely presented information. I'm glad that Disney did nothing to compel me to purchase these new points. In terms of MF's, $2 more a point at purchase is nothing compared to the revenue they will receive in $2 more a year for the life of the contract.
     
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  22. LauraM

    LauraM Master Member

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    If you buy 150+. We were thinking of a 118 point fixed week or just 70-95 point add on.
     
  23. Russ

    Russ Staff Member Site Owner

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    Yeah, it's steep for an add-ons, and the much higher discounts don't kick in until 200 pts o_O.
     
  24. Lovindisney

    Lovindisney Active Member

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    I was on the fence about the "new resort." I was hoping concierge may be included. I like the cabins, but I am not a big VBR fan. Price and MF did it for me. Too high.
     
  25. Russ

    Russ Staff Member Site Owner

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    Just as a counterpoint to the high Annual Dues (which are 12% higher than BRV), keep in mind almost everyone expected Point Chart inflation - which didn't happen (Copper Creek Villas Points Chart is identical to Boulder Ridge Villas, making CCV's Points Chart lower than the two most recent DVC Resorts, which both have over 25% higher Point Charts on average when comparing PVB Standard Studios and Bungalows to CCV Studios and Cabins and VGF Standard Villas to CCV Villas).

    Even if the Annual Dues had remained the same as BRV, but the Point Chart was 12% higher than BRV, you would still owe the exact same amount in Annual Dues since you would need to purchase 12% more points, therefore still pay Annual Dues on 12% more points, making it a wash in either case, e.g.:
    • 100 pts x $7.33/pt = $733
    • 112 pts (12% more needed) x $6.54/pt = $733
    So, all in all I think the higher Annual Dues are a wash with the exceptionally low Point Chart for CCVC, although the lower point structure certainly helps non-CCVC owners wanting to exchange in.
     
    Last edited: Mar 2, 2017
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