DVC Options--Resale vs Disney?

[Sammie]

I would actually disagree with this statement. When it comes to staying at DVC resorts, a direct contract and a resale contract are the exact same thing. I think to compare a resale DVC contract to a used car cheapens it in a way. The connotation is that you are getting something that is run down or somebody else's problems.

I think it's important to make the point that resale can save you a ton of money, but when it comes to staying at DVC resorts, once you are an owner the product you receive and the treatment you receive is the same as a that of a direct purchaser.

Before the recent limitations to resale purchases I would agree they were exactly the same.

That is not the case now, as they are not the same any longer. As to staying at DVC resorts yes, you are right. But that is not the total package.

A resale purchase is not the same as a direct purchase. Now whether the limitations matter or not, that is personal opinion.

Personally I agree with the Bill, that more limitations will be forth coming.

 

[Dean]

Before the recent limitations to resale purchases I would agree they were exactly the same.

That is not the case now, as they are not the same any longer. As to staying at DVC resorts yes, you are right. But that is not the total package.

A resale purchase is not the same as a direct purchase. Now whether the limitations matter or not, that is personal opinion.

Personally I agree with the Bill, that more limitations will be forth coming.

I would suggest that no current or potential future restrictions can change the landscape when it comes to the best use of DVC points. DVC cannot limit resale buyers using the club itself directly in a different way than retail members. All they can change are the non guaranteed options. They are still the same for reasonable usage and will cont to be.

 

[Sammie]

I would suggest that no current or potential future restrictions can change the landscape when it comes to the best use of DVC points. DVC cannot limit resale buyers using the club itself directly in a different way than retail members. All they can change are the non guaranteed options. They are still the same for reasonable usage and will cont to be.

Aren't the guaranteed options, home resort with a one month booking advantage?

 

[disneynutz]

Bottom line is that DVD was/is/can be again, a cash cow for Disney and Jim Lewis was their golden child. In 2008 he was given $3.5 billion to develop future DVC resorts. Now that he is gone, I'm sure that Bilby is under pressure to increase profitability.

Since Disney only makes money from direct buyers, that will probably result in additional rule and policy changes or additional perks to direct buyers. The remote sales locations have already been closed due to lack of sales and the authorized Real Estate Agents selling program was also discontinued due to sales below projections.

This shows me that if it makes money, they keep or expand the program. If it doesn't they don't have any problem closing it down.

Bill

 

[Dean]

Aren't the guaranteed options, home resort with a one month booking advantage?

In a sense yes but as long as the club exists, the way I read it is that other club resort owners have a secondary guarantee of potential access to other club resorts subject to availability. Put another way, I do not see how DVC could legally or contractually differentiate between retail or resale in terms of booking options and windows for club resorts. I think the only risks are along the lines of things like a better wait list option for some over others as part of a VIP system. While RCI or similar direct exchange options are not guaranteed, I think it's realistic to think they will cont and be the same for all owners. After that, bets are off including the BVTC. IMO, DVC would have to do more adding on for qualified members than removing options for non qualified to differentiate the products in a meaningful way. So far they have not differentiated in a meaningful way, IMO. If anything, they did new buyers a favor by simply highlighting how little value those options in question really have.

 

[KAT4DISNEY]

The Poly is the only deluxe Disney hotel available,

At this time the Polynesian is the only Disney deluxe resort without a DVC section or one under construction.

Poly and the Yacht Club.

And of course technically GF hasn't been removed yet.

 

[Dean]

Poly and the Yacht Club.

And of course technically GF hasn't been removed yet.

Thanks for the correction, I always forget about the YC since I look at the YC/BC as one unit.

 

[ldo]

I strongly recommend that you only buy enough DVC points to vacation every other year---that way, your upfront outlay, annual fees are much less and you are not locked into DVC every year. We have a timeshare that we bought when our kids were very young. It seemed perfect for us (East Caost beach week in the summer)--now 7 years later, our vacation tastes have changed and I really wish we had it every other year. Same for WDW. We used to go every year, now we like to go on cruises, etc.
With banking and borrowing DVC points, you can still go even 2 years in a row, if you then skip a year. Good luck.
also, I saw reference to 15-20% discount---just making sure you are not referring to cruises---no one gets that. Only discount is for booking another cruise while on board. Elaine

 

[BestDadEver]

Based on what you have written I would cancel the purchase and take some time to determine if buying resale is a good option.

Bill

I would do this to . You are asking basic questions . I would get those answers then make your decision .

As referring to the discount I assume you mean the special offers they had in june for the fantasy for like $170 per night for veranda room . I belive that was offered to all dvc members including resale.

 

[BestDadEver]

Iyour salesperson will make it sound like your world is about to end if you cancel this contract, but it really won't, so don't worry.

Lmao thats funny

 

[ELMC]

...your salesperson will make it sound like your world is about to end if you cancel this contract, but it really won't, so don't worry.

Lmao thats funny

Thanks. I suppose I should clarify my comment a little bit. Salespeople have what is called an "objection book" that they use to provide counterarguments to whatever reason for canceling you give. It is literally a binder with tabs where each tab indicates a potential objection. Phone salespeople have it right on their desks and they flip through it. I'm guessing that timeshare salespeople, especially the good ones, have the entire thing memorized. The purpose of using the objection book is meant to wear the buyer down and refute every reason they give for possibly wanting to cancel. This eventually brings them to the point where they cannot provide an inarguable reason for canceling and therefore end up getting talked into keeping the contract.

The process can in fact seem a lot like your world is ending...

The price will never be lower, just think of all the vacations you will be missing, we are going to sell out soon, this special deal is about to go away, you should do this for your family, you are this close to owning a piece of the Magic, etc. etc. etc.

It's a grueling process and is unpleasant to say the least. My comment was meant to prepare the OP for that, I guess being funny was just an added benefit.

 

[BestDadEver]

Thanks. I suppose I should clarify my comment a little bit. Salespeople have what is called an "objection book" that they use to provide counterarguments to whatever reason for canceling you give. It is literally a binder with tabs where each tab indicates a potential objection. Phone salespeople have it right on their desks and they flip through it. I'm guessing that timeshare salespeople, especially the good ones, have the entire thing memorized. The purpose of using the objection book is meant to wear the buyer down and refute every reason they give for possibly wanting to cancel. This eventually brings them to the point where they cannot provide an inarguable reason for canceling and therefore end up getting talked into keeping the contract.

The process can in fact seem a lot like your world is ending...

The price will never be lower, just think of all the vacations you will be missing, we are going to sell out soon, this special deal is about to go away, you should do this for your family, you are this close to owning a piece of the Magic, etc. etc. etc.

It's a grueling process and is unpleasant to say the least. My comment was meant to prepare the OP for that, I guess being funny was just an added benefit.

I agree . I just thought the way you phrased it was funny . Especially when I think back to some of my negotiations in thr past .

Like when I bought a new car but wanted the left over model they have a buch of reasons why you should get the new model .

 

[Dean]

Thanks. I suppose I should clarify my comment a little bit. Salespeople have what is called an "objection book" that they use to provide counterarguments to whatever reason for canceling you give. It is literally a binder with tabs where each tab indicates a potential objection. Phone salespeople have it right on their desks and they flip through it. I'm guessing that timeshare salespeople, especially the good ones, have the entire thing memorized. The purpose of using the objection book is meant to wear the buyer down and refute every reason they give for possibly wanting to cancel. This eventually brings them to the point where they cannot provide an inarguable reason for canceling and therefore end up getting talked into keeping the contract.

The process can in fact seem a lot like your world is ending...

The price will never be lower, just think of all the vacations you will be missing, we are going to sell out soon, this special deal is about to go away, you should do this for your family, you are this close to owning a piece of the Magic, etc. etc. etc.

It's a grueling process and is unpleasant to say the least. My comment was meant to prepare the OP for that, I guess being funny was just an added benefit.

Timeshare sales people likely wrote the book. Historically, at least before the last slow down, good timeshare sales staff often made $250K and up. Those with the skills of top timeshare sales are often called confidence men in other circles. Phrases such as they could sell "ice to a drowning man", "ice to an Eskimo" are often applicable to this group. Many of them could step into any car dealership and quickly become the top salesperson.

 

[Sammie]

Poly and the Yacht Club.

And of course technically GF hasn't been removed yet.

Yep, forgot that one too, shows my state of mind lately, as that is one of my favorite places to stay,