HIRyeDVC
DIS Veteran
- Joined
- Apr 17, 2021
Just keep in mind that if you do end up buying a subsidized Aulani contract, there will be nothing on the sales agreement that specifically states the contract is indeed subsidized. You will haveto confirm that through other means, like asking for a copy of the estoppel, past annual dues statements, and a copy of the original deed that says when the original contract was first purchased. Even with all that, you won't have that warm and fuzzy feeling until you get your first full annual dues bill yourself. This is from my own experience at least. But once you confirm everything, yes, it's glorious to know that I own the cheapest SAP in all of DVC, and at Aulani at that!Certain contracts with Aulani and Vero Beach were created with subsidized dues. Subsidized dues essentially means they pay less maintenance fees compared to unsubsidized contracts.
When Aulani was first selling, the executives drastically underestimated the amount of dues needed to maintain the resort. They actually stopped selling the resort briefly and fired 3 high ranking DVC executives as a result. Contracts sold prior to that pause have what we call subsidized dues. Right now a subsidized contract at Aulani pays 6.87 per point for dues. An unsubsidized contract pays 9.14. These reduced dues transfers to the person the contracts are resold to.
2.27 difference per point ends up saving 454 dollars per year in maintenance fees on a 200 pooint contract and is a great deal if you plan to keep it over the life of the contract.