We are considering purchasing DVC direct. I know if we purchase resell, it is cheaper, we can't use the points for cruises, other RCI resorts, or adventures (not that we would do adventures anyway).
Like any timeshare system, DVC is best when used to stay within that system. As soon as you start looking at other options (such as
DCL or
ABD) you are going to experience a very inefficient way of using those points. Plus, using the points for DCL is not guaranteed for direct points, it is a perk that can be changed or removed at any time. In recent years there have been a significant increase in the amount of black out dates and restrictions for cruising on points. You can choose whatever you want, but it would be helpful to learn all the info first.
Some people buy direct so they can cruise on points and they don't care how much more it cost them up front or how much more their cruise is costing them. If that sounds like you, well then there's probably no changing your mind. But if that sounds a bit too wasteful for you, then you should consider resale.
It can also take a lot longer to purchase them resell and Disney could swing in and buy them first.
I would suggest that for a contract you are going to have for 40+ years, waiting two months up front is insignificant. As for Disney buying them first, yes this can happen. And yes it has been happening more lately. But contracts are still passing and even if they do take one, there is always another to be had. Try to take the ROFR threads with a grain of salt (or perhaps a shaker full).
People have invested a lot emotionally into their DVC purchases and can be overly dramatic on these threads. It's really not that big of a deal.
What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost).
Not really. If you plan on staying at DVC resorts (or exchanging through RCI) then resale and direct function in exactly the same manner. Given that staying at DVC resorts is the crux of the system, I would say that the restrictions are minimal. As for stress, personally paying double the price for something is pretty stressful for me.
We would get either 160 or 200 points now and then another 160 or 200 in Dec. What do the experts here say? I know there is a lot of debate, but I'm wondering pros and cons for both ways. Thanks!
One thing I didn't get into is the actual cost of cruising on points because I think the numbers would mean more to you if you worked them out yourself. But spoiler alert: cruising on points can be twice as expensive as renting out your points and booking using cash. I would also look at the point requirements. Odds are your 160 point contract isn't going to get you very far on a cruise.
All in all you asked some great questions. Listen to all the answers and decide what resonates with you the most. Good luck!