DVC RESALES
DVC RESALES

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Old 07-29-2013, 01:34 AM   #1
shaycamp21
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Help I Need to Know the GOOD, BAD and the UGLY about Purchasing DVC!

I am trying to decide if DVC membership is something for us.

Some background we are a family of five DH, myself and our 3 dds ages 15, 14 and 2. I have always loved everything Disney and had the opportunity to visit Disneyland many times as a child, teen and young adult as my grandfather (now deceased) lived in California.

Fast forward to 2005 when for the first time DH and I took our 2 dds to WDW and what I thought would be a once in a lifetime trip turned into 8 trips to WDW (some without DH ), 3 Disney cruises, a stay at Disney’s Vero Beach (combined with a cruise) and a trip to DLR. We have stayed at Value, Moderate and Deluxe resorts. I really enjoyed our last “true” visit (including park time) in 2011 to WDW staying at AKL and fell in love with the Deluxe experience. After our Fantasy cruise last year we did a night at POP (which I had enjoyed in the past) before flying home and not to be a resort snob I just couldn’t see myself staying there again. This year we didn’t do any Disney related trips, DH and I did a couples trip to New Orleans and we did a family trip to a resort in Jamaica which was nice but I found myself suffering from Disney withdrawl lol. When given the choice of another Disney cruise or WDW for our next trip in March dds unanimously chose WDW.

Now DH is less of a Disney fan/freak as the rest our family but he does appreciate the Disney brand and is always comparing (especially the customer service) the experiences he’s had at Disney when we go elsewhere he is often disappointed and complains that they don’t do things like Disney. On the purchase of a DVC he is more on the fence as we initially contemplated purchasing a vacation home in Florida (we are Canadian) but decided that we really go to Florida to Disney and would miss out on staying on property. Now with another little girl in tow DH has resigned himself to the fact that we will be continuing to do more vacationing at WDW and once our older dd’s have children I can see us bringing grandchildren as well. Being a family of five soon our youngest dd will “count” in the room so I started thinking perhaps DVC would be the way to go instead of having to get two rooms or pay a ridiculous price for a suite. DH though is still not sure about purchasing a piece of the mouse.

Now I have been researching purchasing DVC for a while now and am a little overwhelmed with all the information. I am leaning toward resale probably at SSR (which we don’t have a problem staying at—though it would also be nice to try other resorts) which seems like the best bang for your buck right now and seems to have lower yearly fees. We would most likely to go to WDW in March or August so not sure of use year?? We did rent points (privately though someone on the DIS) once to stay at Vero Beach and enjoyed it so that got the wheels turning about a DVC purchase.

I know this is long winded and I appreciated anyone who takes the time to read this as I am just trying to figure out if purchasing DVC makes sense for my family. Any advice or insight would be greatly appreciated.
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Old 07-29-2013, 01:41 AM   #2
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I am also in the process of considering whether to purchase. I started a similar thread a couple days ago. It shouldn't be too far down the page and is titled "would you purchase." You will find some good perspectives in there. I think we are definitely going to buy resale, but are going to rent points for a split stay so we can decide on a home resort. Good luck!
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Old 07-29-2013, 02:29 AM   #3
stampermom1564
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I have bought 3 times

HI! I am a 3 time purchaser of DVC. We love it. We live in Nevada and use it everywhere we can.
A quick word about resale. We have been told (I have yet to do it as I currently have 610 points at DWL and SSR) that if you buy resale, there are limitations to the use. We have been told that you are not able to use the points ANYWHERE except the DVC. You cannot use them with RCI or The Disney Collections or anywhere else that I can use my points. You cannot trade them to go other places. This information was as of last year. Please check BEFORE you begin the process.
DVC has changed the way we travel. We are so happy with our purchases that we are usually in a deficit each year. I would recommend the high quality and ease of use to any person looking into a time share. Disney is the benchmark to which all others should attain. They are professional and more flexible than any that we looked into. You would not go wrong if you purchased.
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Old 07-29-2013, 05:37 AM   #4
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Quote:
Originally Posted by stampermom1564 View Post
You cannot use them with RCI
This is wrong.
You can you your points for RCI exchanges and a few others exchanges like club Intrawest.
If you buy direct you can use your points for cruises, Adventure by Disney and regular Disney hotels rooms booking, for resorts that do not have a DVC resort attached (like the Poly).
However before thinking that these option might limit you, please take a look at the points charts. I'm staying two weeks in September at AKV for less points that a 3 nights cruise would cost in points. ABDs are crazy expensive.
Also, cruises and other exchanges are a perk, are not guaranteed by your contract, so Disney might remove them tomorrow. And booking is subject to availability, meaning that not all dates and categories are available for points booking.

Neither RCI is a good use of points, if done on a regular basis. There are other timeshares that are sold for 1$ on ebay that have lower maintenance fees and give more trading opportunities than DVC (DVC can book only a subset of all RCI resorts).

So in my opinion purchasing resales will not remove anything worth the price difference at the moment. Things may change in the future. Is double the price worth the peace of mind?
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Old 07-29-2013, 09:33 AM   #5
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Quote:
Originally Posted by stampermom1564 View Post
A quick word about resale. We have been told (I have yet to do it as I currently have 610 points at DWL and SSR) that if you buy resale, there are limitations to the use. We have been told that you are not able to use the points ANYWHERE except the DVC. You cannot use them with RCI or The Disney Collections or anywhere else that I can use my points. You cannot trade them to go other places. This information was as of last year. Please check BEFORE you begin the process.
was it too much to ask that before you make your first post, you actually check to see if what you are posting is true?

DVC can be a good value for onsite wdw stays due to the crazy prices for the onsite hotels. and it is a MUCH better value at resale prices than direct prices.

trading out through RCI is EQUALLY AVAILABLE to resale owners as to direct owners.

but it's also a similarly poor deal - like direct owners trading a new lexus for a hyundai elantra, while resale owners trade a used lexus for that elantra. there are much cheaper ways to accomplish renting other timeshares or taking cruises (or even staying at onsite wdw hotels) than by buying extra DVC pts to cover those trades. DVC pts are best used at DVC resorts. it's nice to have options but you are paying dearly for those expensive options.
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Old 07-29-2013, 07:06 AM   #6
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I think renting points will have given you a good idea of the product, so that is good. SSR is indeed the best bang for your buck right now. They say to buy where you love to stay; so if you buy thinking 'we'll stay at SSR usually but will try other resorts sometimes' I think you are safe. If you buy thinking 'we want to stay at BCV as much as possible' you may find it hard to get your reservations regularly. I guess my point is that home resort does have meaning in DVC so make sure you choose wisely. That said, we are buying SSR too and love the theming, location and two feature pools.We also want to try other places but will never feel 'stuck' there. We are also supplementing with a few direct points at GFV.

If you have one on the way or even just a brand new one, it sounds like you'll have years and years of fun. You may want to consider if/when your resale point would be -- if you won't use it when the girls are in college, it's probably good to get SSR, GCV, AKV or another that has a longer contract life so you can resell with some years on it. Or use it on couples / grandparent trips
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Old 07-29-2013, 07:54 AM   #7
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The problem with being a newbie is that most don't know what they want and even after reading about the resorts and looking at pictures, your favorite will probably change after you stay at the different resorts a couple of times.

DVC will change the way that you vacation and it will cost you much more than you expect. Yes there is no other place as great as Disney for vacations but it comes at a high price. DVC can save you money on your room but you will probably spend any savings at Disney.

DVC also makes you see behind the Disney curtain and you will soon realize that they are like other companies putting profit ahead of customer satisfaction in many areas. Once you have a few problems with your DVC account or a MS CM who doesn't know what they are doing, or rooms with cleaning and/or maintenance issues you start to see the real Disney.

Information is power, keep reading and learning as much as you can before buying, you will be glad you did.

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Old 07-29-2013, 08:10 AM   #8
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You can easily join for a Fist Full of Dollars.

If you really like it you can then add on For a Few Dollars More.
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Old 07-29-2013, 09:21 AM   #9
chalee94
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You can easily join for a Fist Full of Dollars.

If you really like it you can then add on For a Few Dollars More.
this is comedy gold...
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Old 07-29-2013, 09:48 AM   #10
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We bought in 2009 because we had been visiting almost yearly since 1994 and knew that it was time since they added BLT.

To be honest, there has not been much I have been disappointed with in terms of DVC. But, I went into the purchase after having learned all I could and knew what I was and was not getting.

I knew I was buying a right to stay at my home resort only. While I doubt that DVC would ever remove one of the WDW from the "club", they can. So, I bought and own where I love to be--BLT and BWV-- and pretty much stay at those two every time.

We have had luck trading out to other resorts and have tried, VWL, BCV, and AKV. While they were nice--AKV is probably my favorite in terms of the "resort" other than my homes--I missed the convenience of BLT and BWV.

Most of my trips are planned 11 months in advance, and being a teacher, I travel in August ever year. But, my first year, I had no problem getting other resorts during that time 4 months in advance (when we bought). So, I think you will have a lot of flexibility to try other places.

There are certain room types that are difficult if you don't own--AKV Value and Concierge and BLT and BWV standard view. Not impossible, but highly unlikely.

Having a UY just prior to when you typically travel allows for the most in terms of flexibility if you have to cancel or change a trip. So, given March and August as primary travel, a March UY is ideal, though February would work very well too.

We are not bothered by the loss of daily mousekeeping. We most often stay in at least a 1 bedroom so washing the towels is no big deal. When we stay in a studio, if it is more than just two of us, I order the extra towel pack for $6--well worth it.

The current DVC AP price makes it a great deal. While perks can come and go and this is not guaranteed, it really helps us get in several visits on one. For our annual summer trip, I just schedule it 51 weeks apart--going the 13th to the 20th this year and will go the 3rd to the 10th next year.

We just love not having to worry about that aspect of our trip. We like that we can go in any room size, at any time of the year, and bring family and friends if we want.

Not getting the Disney deals don't bother us either. We hated waiting and hoping for specials and never did get one of those elusive pins. Now, we don't have to worry. What we save in the long run is well worth not being part of "free dining" or any other promotion Disney is running.

Good luck!
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Old 07-29-2013, 10:49 AM   #11
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Originally Posted by shaycamp21 View Post
I am trying to decide if DVC membership is something for us.

Some background we are a family of five DH, myself and our 3 dds ages 15, 14 and 2. I have always loved everything Disney and had the opportunity to visit Disneyland many times as a child, teen and young adult as my grandfather (now deceased) lived in California.

Fast forward to 2005 when for the first time DH and I took our 2 dds to WDW and what I thought would be a once in a lifetime trip turned into 8 trips to WDW (some without DH ), 3 Disney cruises, a stay at Disneys Vero Beach (combined with a cruise) and a trip to DLR. We have stayed at Value, Moderate and Deluxe resorts. I really enjoyed our last true visit (including park time) in 2011 to WDW staying at AKL and fell in love with the Deluxe experience. After our Fantasy cruise last year we did a night at POP (which I had enjoyed in the past) before flying home and not to be a resort snob I just couldnt see myself staying there again. This year we didnt do any Disney related trips, DH and I did a couples trip to New Orleans and we did a family trip to a resort in Jamaica which was nice but I found myself suffering from Disney withdrawl lol. When given the choice of another Disney cruise or WDW for our next trip in March dds unanimously chose WDW.

Now DH is less of a Disney fan/freak as the rest our family but he does appreciate the Disney brand and is always comparing (especially the customer service) the experiences hes had at Disney when we go elsewhere he is often disappointed and complains that they dont do things like Disney. On the purchase of a DVC he is more on the fence as we initially contemplated purchasing a vacation home in Florida (we are Canadian) but decided that we really go to Florida to Disney and would miss out on staying on property. Now with another little girl in tow DH has resigned himself to the fact that we will be continuing to do more vacationing at WDW and once our older dds have children I can see us bringing grandchildren as well. Being a family of five soon our youngest dd will count in the room so I started thinking perhaps DVC would be the way to go instead of having to get two rooms or pay a ridiculous price for a suite. DH though is still not sure about purchasing a piece of the mouse.

Now I have been researching purchasing DVC for a while now and am a little overwhelmed with all the information. I am leaning toward resale probably at SSR (which we dont have a problem staying atthough it would also be nice to try other resorts) which seems like the best bang for your buck right now and seems to have lower yearly fees. We would most likely to go to WDW in March or August so not sure of use year?? We did rent points (privately though someone on the DIS) once to stay at Vero Beach and enjoyed it so that got the wheels turning about a DVC purchase.

I know this is long winded and I appreciated anyone who takes the time to read this as I am just trying to figure out if purchasing DVC makes sense for my family. Any advice or insight would be greatly appreciated.
Great questions. First off, a lot of what you say makes me think that DVC could be a good purchase for you. Your history of visiting Disney; your understanding that you want to stay on site and not in values; your needing to put 5 in one room; your having rented points before to try it out; all point to the potential value of DVC for you. Furthermore, your strategy of buying SSR sounds like a good one based on your priorities. You wouldn't mind staying there, but would like to try other places. That's the profile of someone who should be buying at SSR (as well as those who simply love it) because the low cost/maintenance fees will help you achieve the best long term value for your money.

There are a couple of things you said that make me a bit nervous, as well as one thing you didn't say. First off, please know that you're not "buying a piece of the mouse". I know it sounds fun to think of it that way, but you're really just buying a timeshare. The fact that it's a Disney timeshare doesn't really change anything. Second, I'm always a little nervous when people talk about buying to satisfy potential future, future needs. Your daughters are 15 and 14. I think it's a little early to start making plans for grandkids.

Finally, the one piece of information that you didn't share (and rightfully so) but something you should consider is the financial impact of a DVC purchase. DVC is a large chunk of cash up front, followed by smaller, but sizable payments each and every January. Then on top of that is the actual cost of the vacation itself, which definitely adds up. This is definitely something that you should factor into your thought process. I am a big advocate of giving oneself options. With DVC, the number one cause of problems is the realization that someone can't afford or doesn't really enjoy their DVC membership. Depending on how they purchased, their options might be incredibly limited and/or costly. By buying SSR resale, you will have significantly less risk should you realize in a few years that DVC is not for you. That being said, I agree with the other posters who suggest you read as much as you can. In the end, only you know if this is the right move for you or not. It certainly has worked out well for many, many people. Good luck!
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Old 08-20-2013, 11:03 PM   #12
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I have a question about comparing the price if dvc to a cash stay. I recently made a spreadsheet that totals up when I would break even. When figuring out how much it would cost me I put in the cash price column how much it would be to rent points, not stay on cash. That price is pretty different and I am wondering if I am missing something with my math or logic doing that. I would not stay at a value or a moderate. The times in the past when I stayed on property I either rented points or payed cash for gf with a ap discount. Now that Vgf will be there I would rent points. Or do you think my logic of always thinking I could rent points is wrong? Or am I just being anal retentive?
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Old 08-21-2013, 09:20 AM   #13
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I have a question about comparing the price if dvc to a cash stay. I recently made a spreadsheet that totals up when I would break even. When figuring out how much it would cost me I put in the cash price column how much it would be to rent points, not stay on cash. That price is pretty different and I am wondering if I am missing something with my math or logic doing that. I would not stay at a value or a moderate. The times in the past when I stayed on property I either rented points or payed cash for gf with a ap discount. Now that Vgf will be there I would rent points. Or do you think my logic of always thinking I could rent points is wrong? Or am I just being anal retentive?
I think you've made a good comparison as that is how you would typically stay at WDW.

We 1st stayed at POR (a moderate) when my 3 kids were little and then bought DVC the following year. We knew that 5 of us could not stay in a regular WDW room, moderate or deluxe (just too cramped for us). We needed condo or villa style accommodations. We would not pay cash to book a villa on DVC property and would have to go off property and that would take away the magic for me and we likely wouldn't have gone (or go) as often (or at all). While it would not be reasonable for me to compare my owning DVC to paying cash for a villa (same accommodations), I also cannot compare to renting a regular room as we just would NOT do that (maybe would rent 2, like we tend to do with hotel visits in other places). Trying to find a comparison is difficult unless you already always stay in certain accommodations at WDW...like you do.

Just to see, I just checked our Dec dates at POR...for 1 room it is $1423 (12/20-12/25). We are booked in a 2BR at AKV-Kadani. So, 2 rooms at POR would be $2846. We used 189 points. $3280 for a room at AKL...so $6560 for 2 rooms...yikes!
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Last edited by lovin'fl; 08-21-2013 at 09:34 AM.
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Old 08-21-2013, 09:27 AM   #14
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I now see the point that you are trying to make, and I apologize, as I had assumed that we were comparing the cost of DVC as compared to other, similar deluxe accommodations. Absolutely – when comparing the cost of a DVC purchase to the cost of staying in value or moderate resort, then DVC becomes increasingly difficult to justify. As mentioned above, for my situation, it was a no-brainer based on my vacation habits, as WL is my go-to spot.

Jill – Without seeing the spreadsheet, I cannot really comment on your math or logic. A few things that I can recommend is to take a historical look at year-over-year maintenance fee increases, come up with an average % for that particular resort, and be sure to factor in these annual increases into your calculations. Be sure to also apply similar logic on the “cash” side by taking into account price increases on cash reservations. Other things to consider on a DVC purchase are misc. transactional expenses like closing costs, title fees, brokerage fees, etc., all of which are negotiable between you and the seller. I can’t offer much insight on developing a model for comparing a DVC purchase vs renting points, as I do not have much experience with this, but I know that renting can be a cost-effective option (if you have some patience to get what you want or the flexibility to take whatever is available at that time). I believe the average going rate these days is $14/point via the main brokers.
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Old 08-21-2013, 12:02 PM   #15
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Jill – Without seeing the spreadsheet, I cannot really comment on your math or logic. A few things that I can recommend is to take a historical look at year-over-year maintenance fee increases, come up with an average % for that particular resort, and be sure to factor in these annual increases into your calculations. Be sure to also apply similar logic on the “cash” side by taking into account price increases on cash reservations. Other things to consider on a DVC purchase are misc. transactional expenses like closing costs, title fees, brokerage fees, etc., all of which are negotiable between you and the seller. I can’t offer much insight on developing a model for comparing a DVC purchase vs renting points, as I do not have much experience with this, but I know that renting can be a cost-effective option (if you have some patience to get what you want or the flexibility to take whatever is available at that time). I believe the average going rate these days is $14/point via the main brokers.
I have a column for MF's and I add 4% every year to it, since I thought I heard that seems to be the average. I was really just wondering why people used the cash number instead of the renting points number. I guess if nothing was available on the points side you would have to pay cash, but I doubt I would...Comparing it that way (renting points) I certainly don't break even for a while, but I am ok with it since I am 99% guaranteed VGF in December if I want it
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