DVC RESALES
DVC RESALES

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Old 05-17-2013, 10:24 PM   #19
ELMC
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Join Date: Jul 2011
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Quote:
Originally Posted by nd43 View Post
There are people who purchased BLT in the 90's at opening. Resales are now trending between $90.00 to $100.00. I am sure, when BLT opened, $95+ appeared "crazy" to many on this board and made it clear buying direct was a joke.
You are sure of this? Can you point to one example? With all due respect, I think you could benefit from brushing up on your DVC history. Never before in the history of DVC has the gap between resales and direct pricing been as large as it is now (or technically was at this time last year). For decades the average savings on a resale contract was somewhere in the range of 20%, a number that was neutral enough to convince people to go either way. Resales for BCV at the time were in the 80s, so a new resort at a prime location for $20 more per point was an easier sell. Never before have the price increases of the direct resorts been so substantial in such a short period of time. So your comparison of people who buy direct today with the founding buyers at BLT is not a good one. To extend it to VGF is also suspect, as DVC direct prices are in a completely different ballpark as they have been historically.

Quote:
Originally Posted by nd43 View Post
Those same people are now encouraging people to buy resale with less benefits at the same price. Who was the fool?
It's not the same thing. Nobody is telling people that they should not have bought BLT direct when it was first offered. What people are saying is that it is not a good value now, at today's prices.

But I have to ask, why the anger? Nobody is looking to make people feel badly. The fact of the matter is that based on financial criteria, in today's marketplace, purchasing direct is a significantly inferior option to purchasing resale. If, knowing this, you choose to buy direct because you are more comfortable, or you choose to spend your points on cruises knowing that option might be taken away, or whatever your rationale is, so be it. Our goal here is to educate people, not judge them. The discussions you are seeing here now about resale vs. direct did not happen back then, at least not in this context. The marketplace has changed.

What happens with VGF is anybody's guess. But it is not an exact parallel to the opening of BLT. At that time, the difference between BLT direct and other resorts resale was much less. Now buyers are going to be faced with a choice of $200pp direct at VGF or $60pp resale at SSR. That is a significant difference, and one that has never existed in the history of DVC.
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