I think i. Drinking the coolaid but....

Discussion in 'Purchasing DVC' started by cavesrus, Jan 7, 2013.

  1. PirateJohn

    PirateJohn Earning My Ears

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    Not sure about resale contracts. If you buy direct, you can immediately start booking a trip. We did so after disembarking from the Panama Canal cruise in December. I will however, be buying the rest of my point on the resale market. You can always rent your points and purchase the trips with cash.
     
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  3. Missyrose

    Missyrose DIS Veteran

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    OP was asking how long resale contracts take, he'd heard it would take until April to get into the system -- which isn't likely. If he signed a contract today, he'd probably be closed an into the system some time in March.

    But yes, direct purchases are much quicker and you can make your first reservation immediately.
     
  4. cavesrus

    cavesrus Mouseketeer

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    Yes I know about direct. I really don't want to buy resale o miss my pts at blt or rent more pts/cash so I can start using dvc to get to break even pt faster.
     
  5. Deb & Bill

    Deb & Bill DVC-Trivia Contest, Apr-2006: Honorable Mention

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    You need to remember that your DVC points are only guaranteed to be used at DVC resorts. Cruises, the Polynesian, Adventures by Disney could all go away or be severely limited. A few years ago, DVC were blocked out from booking cruises for a long, long period of time.
     
  6. Missyrose

    Missyrose DIS Veteran

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    Your break-even point with a direct purchase will likely be 10+ years out, maybe much, much more because of how astronomical the BLT direct prices have become. :scared1:

    To piggyback off of what Deb said, not only should you take a second look at the value you're placing on the direct perks, but you should take a look at how many points those so-called perks cost. A night in a Disney Collection hotel room (with a lower-tier view) can run as many points as a top-end two-bedroom villa. The cruises and ABD trips are often hundreds of points, so will you be purchasing a large enough contract to even afford those "perks" points-wise?

    I think you need to step back and figure out what you want out of a timeshare purchase. Are you hoping to save money? Do you want bigger accommodations? Are you buying points to cruise? What's the end-game for you and your family?
     
  7. Lynne M

    Lynne M Moderator Moderator

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    You also need to look at the difference in cost between resale and direct. We're not talking about a few bucks, it's likely going to be a several thousand dollar difference. Is it worth paying that much more just to get in the system quicker?

    As for the ability to use points for DCL, ABD, and non-DVC Disney resorts like the Poly, not only can those go away after you sign the very expensive direct contract, but you'll probably be paying more by booking those on points than you would by just making a cash reservation, and you'll have a more restrictive cancellation policy. Especially for resort reservations. You'd do better on Poly reservations by just buying an AP and looking for an AP discount.
     
  8. cavesrus

    cavesrus Mouseketeer

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    Ty all I fully understand what u all r saying. I have looked at pol pts and it is joke. Adv trip would b about 3 yrs pts not to bad I think but value isn't great. We would not use the adv trip till later n life 16-20 yrs.
     
  9. Lynne M

    Lynne M Moderator Moderator

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    And there's no guarantee that ABD would even exist in 16 years, or be available on points reservations, or that the point costs wouldn't have gone up so much that even with banking and borrowing, you wouldn't have enough to do it.
     

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