Basic Question: Sorry

[Doug123]

Is there an advantage to buying a DVC membership directly through Disney as opposed to buying it resale?

 

[InstImpres]

Advantage from Disney:
Quicker Closing
No guessing game, is going to be accepted
Ability to make ressie right away

Disadvantage from Disney:
Only new resorts available


Advantage of Resale:
Older resorts available
Lower price per point

Disadvantage Resale:
Must pass ROFR (Right of First refusal - if price to good Disney will buy back and sell; these points are sold to current members who want more)
Slow for closing, which delays ressie time

Just a few thoughts.
Good Luck
Sandy

 

[Granny]

There are some advantages of buying through Disney.

Advantages of Disney direct purchase
1. If you want SSR, and it's 50 year contract, Disney is the only place you'll be able to get it at this point.
2. Buying through Disney allows you to purchase exactly the number of points you want...with resale, you buy the points that someone has in their contract.
3. Financing through Disney is pretty easy, I understand.
4. You can choose your use year when you buy through Disney. Again, with resale you get the use year that is on the contract you are buying.
5. No haggling over prices.
6. No waiting for a sale to clear Disney's right of first refusal.
7. Faster closing time and ability to book trips.
8. No closing costs or other fees.

Advantages of resale:
1. You can usually buy at a lower cost per point than buying from Disney, even when you add in closing costs.
2. You can buy at resorts that are no longer sold by Disney such as OKW or BWV.


I'm sure there are other advantages/disadvantages....these are the ones that come to mind.

We own one contract purchased from Disney and one purchased via resale. One thing to note is that once you purchase, even if resale, you are treated exactly the same no matter who you bought from. There are no negatives from Disney's side if you purchase resale.

Each of our contract purchases was relatively easy and painless. The resale one saved us quite a bit of money per point.

 

[Horace Horsecollar]

Here's something to watch for that could be an advantage or a disadvantage...

With a resale contract, the number of points that are immediately available to you could be much higher or much lower for a contract involving a given number of points than if you buy the same number of points directly from DCL. For example, imagine that the current owner banked most the previous year's points. Now imagine a different contract where the current owner has already borrowed all of the points from next year.

Watch this carefully. Make sure that banking deadlines have been properly observed, especially if you're nearing the end of the use year.