DVC RESALES
DVC RESALES

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Old 05-13-2013, 06:42 PM   #1
ktate82
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Considering purchasing DVC direct

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). It can also take a lot longer to purchase them resell and Disney could swing in and buy them first. What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost). 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!
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Old 05-13-2013, 06:45 PM   #2
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After I read it, I realized it was confusing. By buying direct, we would get our first 160 or 200 points now and it would update again in dec (we would get 2012 and 2013's points).
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Old 05-13-2013, 06:52 PM   #3
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I think it's totally up to you. It is your decision to make. As you've already found out:

Direct = More $$$ = Less Stress = faster points, booking (unless you're buying sold out resorts)

Resale = Almost 50% less = Will take more time to find the right contract. Could get ROFRd. you can get loaded (has some banked points from previous UY) or stripped contracts (no more current or banked points)

What's more important to you?
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Old 05-13-2013, 06:56 PM   #4
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If you are looking at buying AKV, there are several contracts in the 160-300 range on the resale market for half the price of direct. You lose DCL, ABV and the ability to book at a Disney Hotel (e.g. Polynesian), but with 160 points, you can get much of those offerings anyways. If you want a different home resort, resale is quite a savings as well. It does take patience to find the "right" contract and to get through the process. Once you make an offer, it is generally about 2 months on average to having points loaded into the system. OKW (non-extended), BWV and BCV seem to have the highest ROFR activity, but there is no definite pattern on what Disney takes back.

With direct, you can use your points the next day and you get current UY points (which would be those 2012 points you were promised; as long as you don't ask for a Feb, Mar, or Apr UY). Disney is legally required to give you those 2012 points if you purchase points that are in the current UY (Jun, Aug, Sep, Oct, Dec UY).

Spend some time reading these boards. If you have time and value the $$ in your hand, you may want to seriously consider resale; especially since you are looking at only 160-200 points. Good luck!
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Old 05-14-2013, 07:28 PM   #5
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Quote:
Originally Posted by ktate82 View Post
After I read it, I realized it was confusing. By buying direct, we would get our first 160 or 200 points now and it would update again in dec (we would get 2012 and 2013's points).
A more accurate way to look at this is that you are getting nothing special.

You are getting the December 2012 points you are buying, and you'll only have about 1/2 the year to use them.

And you're paying double for the privilege!

On dues, you will pay a prorated portion of the 2013 calendar year -- probably about half, representing the time left from your closing until 12/31. You will have little, if any, opportunity to do a DVC stay during that period because the latter part of the year is DVC's busiest season and there is little availability left.

About the only thing you will be able to do with those 12/2012 points is bank them. That's a good thing, but you're still gonna pay dues for 1/2 the year when you won't be able to use points.

Buying direct at AKV is a sucker bet, IMHO.
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Old 05-14-2013, 10:02 PM   #6
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We bought BLT direct nearly 4 years ago, when the prices were "reasonable". AKV points were the same, roughly $100 per with incentives. At the current prices there is no way we would buy the same number of points direct. I can see buying a small amount of points direct because small point resales are very hard to find.

Good point made by a previous poster about having to waitlist resorts other than AKV. Might as well buy resale and save a ton of money or get twice as many points for the same price as direct. May even be faster than direct these days.

Good luck with whatever way you decide to go!
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Old 05-13-2013, 06:53 PM   #7
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Originally Posted by ktate82 View Post
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). It can also take a lot longer to purchase them resell and Disney could swing in and buy them first. What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost). 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!
2 things I can think of right off the bat.

1- Using your points for cruises, adventures, Disney collection is not the best use of points...costs too many points (for example it is better to rent your points and use that money towards cruise)...you can use resale points for RCI.

2- There are wait lists, currently, for most resorts when buying direct. I think you'd have to get AKV or Aulani (maybe some other resorts have random UY available now) in order not to go on a wait list for your points. And some folks have waited or been waiting close to the 2 months (it takes to buy resale) for their direct points.

Direct used to not charge closing costs either and that was a plus, but now they are charging closing costs. They are still a bit less than the resale closing costs though.
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Old 05-13-2013, 06:58 PM   #8
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Originally Posted by ktate82 View Post
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). It can also take a lot longer to purchase them resell and Disney could swing in and buy them first. What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost). 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!
Your choice of course. One correction is that resale still has access to RCI and Buena Vista Trading Company. Just realize that you are going to be paying an extra $10000 to $15000 for the first batch of points and a similar amount for the second. For the same amount you could buy all of the points resale now rather than half retail. If you do decide to buy retail, I'd consider waiting and getting GF points.
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Old 05-13-2013, 07:05 PM   #9
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Quote:
Originally Posted by ktate82 View Post
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). It can also take a lot longer to purchase them resell and Disney could swing in and buy them first. What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost). 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!
As long as you realize who you are dealing with and what you are getting into, go for it. Disney who most have a high regard for created the stress and restrictions to force buyers to pay more buying direct.

The common elements no mater where you buy is fully understanding what you are buying, the rules, restrictions, and policies that you are forced to live with. You also need to understand home resort, booking, banking, and UY.

Bill
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Old 05-13-2013, 08:32 PM   #10
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Direct vs resell

Quote:
Originally Posted by ktate82 View Post
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). It can also take a lot longer to purchase them resell and Disney could swing in and buy them first. What am I missing here? It seems like there are a lot of restrictions on resell and less stress with direct (but more cost). 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!
Direct you get 2012 and 2013 points, less stress, desired # of point and UY. But cost you little more.
Resell you can find cheaper, takes longer, ROFR monkey, # of point may be close to what you want, cost varies. Now a days some folks are asking as much as direct and may not even have full points.
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Old 05-13-2013, 09:05 PM   #11
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Direct you get 2012 and 2013 points, less stress, desired # of point and UY. But cost you little more.
Resell you can find cheaper, takes longer, ROFR monkey, # of point may be close to what you want, cost varies. Now a days some folks are asking as much as direct and may not even have full points.
That is what I am seeing. We want to buy and use soon, not buy and wait till 2015 to use.

Another question....if we buy direct now and buy more points through resell later, does Disney treat the resell points differently or the same as the direct points?
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Old 05-13-2013, 09:09 PM   #12
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That is what I am seeing. We want to buy and use soon, not buy and wait till 2015 to use.

Another question....if we buy direct now and buy more points through resell later, does Disney treat the resell points differently or the same as the direct points?
They treat as a resale.
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Old 05-13-2013, 09:25 PM   #13
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They treat as a resale.
So could we use those points together? Such as combine them to do a 3 bedroom?
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Old 05-13-2013, 09:37 PM   #14
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So could we use those points together? Such as combine them to do a 3 bedroom?
If your direct and resale are the same you can book your home resort at 11 months to get the tree bedroom as long as your home resort is one that has those rooms. If they are different resorts you would have to wait till seven months and all grand villas are usually booked up by then.
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Old 05-13-2013, 09:50 PM   #15
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So could we use those points together? Such as combine them to do a 3 bedroom?
A qualified "yes." If you purchase the second set of points at the same resort, then all the points from both contracts can be used together (even if one is resale and the other direct) at the 11-month point. If the purchases are at two different resorts, then only one set of points can be used at 11 months for a particular date, while the points at the second resort could only be used at the 7-month point. For example, assume you bought points at both AKV and SSR, and you wanted to reserve a GV at SSR at 11 months. Only your SSR points would be available at 11 months--you'd have to wait four more months to use the AKV points, and as the pp mentioned, most GVs are gone before the 7-month point.
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