Buying and selling DVC

[DizBub]

Could someone give me and idea, if you buy DVC on the resell market and then look to sell in a few years time do you loose a lot like you do if you brought direct from Disney and sold on the resell market?

I know if you buy direct from Disney you pay around 160 dollars a points and depending on where they resell for a lot less, what would the loss be if you brought resell and then at a later date sold on resell.

I know it's a difficult to predict question but and ideas?

Thanks guys.

OP, to give simple basic answers to your questions....

If you buy resale, especially at a resort with a little longer end date, like SSR, AKV or BLT you should be able to sell in a few years and recoup most of your purchase price. I can't say this with absolute certainty because no one knows the future of the economy or the state of the world.

I would stay away from direct purchases especially the newer resorts like AKV, BLT, VGF and Poly. I would worry a bit about the older resorts with only 28 years left. OKW extended resale might be worth a look.

But don't forget that (in my opinion at least) there is value in actually using your points, especially since you are coming anyway. The one good thing about DVC is the fact that you CAN sell if you should need/want to and get a fair price, unlike a lot of other timeshares.

 

[Jkarrows]

OP, to give simple basic answers to your questions.... If you buy resale, especially at a resort with a little longer end date, like SSR, AKV or BLT you should be able to sell in a few years and recoup most of your purchase price. I can't say this with absolute certainty because no one knows the future of the economy or the state of the world. I would stay away from direct purchases especially the newer resorts like AKV, BLT, VGF and Poly. I would worry a bit about the older resorts with only 28 years left. OKW extended resale might be worth a look. But don't forget that (in my opinion at least) there is value in actually using your points, especially since you are coming anyway. The one good thing about DVC is the fact that you CAN sell if you should need/want to and get a fair price, unlike a lot of other timeshares.

Thanks, yes agree, its all a matter of if and but. Thank you.

 

[bakerworld]

The resale market is a game - so play well but don't pay with emotion. If you're really interested in purchasing direct posters have said they found guides who will sell 50 point contracts - IMO, you don't need to go that small as a new owner. If you go with resale to eliminate the closing cost ding stick to the 150-60 mark and buy more than one if you've a 1 or 2BR preference.

Being interested in a safety net purchase, and you've cash, buy small contracts of venues within walking distance to a park. These venues seem to sell higher/well on resale regardless of the end date. If your point is to own for 7 years and sell I don't see the annual dues being a big negative.

FYI, we've only bought direct/financed because we're impatient and don't like uncertainty. We talk about selling a contract because we've really too many points at this point but we'll probably just continue to own what we have because I'd have to make all the effort ... maybe when I retire and totally bored I'll think about it

 

[Jkarrows]

The resale market is a game - so play well but don't pay with emotion. If you're really interested in purchasing direct posters have said they found guides who will sell 50 point contracts - IMO, you don't need to go that small as a new owner. If you go with resale to eliminate the closing cost ding stick to the 150-60 mark and buy more than one if you've a 1 or 2BR preference. Being interested in a safety net purchase, and you've cash, buy small contracts of venues within walking distance to a park. These venues seem to sell higher/well on resale regardless of the end date. If your point is to own for 7 years and sell I don't see the annual dues being a big negative. FYI, we've only bought direct/financed because we're impatient and don't like uncertainty. We talk about selling a contract because we've really too many points at this point but we'll probably just continue to own what we have because I'd have to make all the effort ... maybe when I retire and totally bored I'll think about it

Thank you, we will need 300 points as we're looking at either a 1 bedroom or 2 bedroom rental at present but that will no doubt change during our ownership so I am thinking of either three 100 point ownership locations or two, can not decide as with three I can sell one ownership and still have enough for a one bedroom property where as having only two if you sell one your not quite got enough.

Question to answer is where to buy, Saratoga Springs is 100 percent one location, was maybe thinking Broadwalk and Animal Kingdom but can not decided on if these two would be good, like the idea of having perhaps a location close to Epcot as a second choice.

 

[supersnoop]

Thank you, we will need 300 points as we're looking at either a 1 bedroom or 2 bedroom rental at present but that will no doubt change during our ownership so I am thinking of either three 100 point ownership locations or two, can not decide as with three I can sell one ownership and still have enough for a one bedroom property where as having only two if you sell one your not quite got enough.

Question to answer is where to buy, Saratoga Springs is 100 percent one location, was maybe thinking Broadwalk and Animal Kingdom but can not decided on if these two would be good, like the idea of having perhaps a location close to Epcot as a second choice.

With the varying expirations and the locations, I chose to own at BLT and SSR. BLT for walking to the Magic Kingdom, access to the monorail, and the lower maintenance fees, and SSR because it's a long-term value. I think you could do well with a larger SSR and smaller BLT (or elsewhere) contract. I've got 160 SSR and 120 BLT, so, obviously, I like this plan.

I figure I can always get into AKV at 7 months, so the higher dues aren't worth it to me. If I had to add a third resort, it would probably be at Epcot, but the dues and earlier expiration would be a consideration.

 

[Jkarrows]

With the varying expirations and the locations, I chose to own at BLT and SSR. BLT for walking to the Magic Kingdom, access to the monorail, and the lower maintenance fees, and SSR because it's a long-term value. I think you could do well with a larger SSR and smaller BLT (or elsewhere) contract. I've got 160 SSR and 120 BLT, so, obviously, I like this plan. I figure I can always get into AKV at 7 months, so the higher dues aren't worth it to me. If I had to add a third resort, it would probably be at Epcot, but the dues and earlier expiration would be a consideration.

I am not sure on BLT as a resort, it may be me but it does not have the same appeal to me as places like Animal Kingdom, Old Key West and many others, it looks too much like a hotel then a place Disney like to call home, just my view.