Buying small contracts over time

[Joel22]

You would need to purchase a resale contract 1st to be able to buy contracts of that size direct without 1st buying a 150 point contract direct.
Selling is easier if it ever came up but as already mentioned because of some fixed closing costs it's also at a higher expense. Still, to not borrow it's not a bad plan but just an FYI about closing costs on the back end if you did sell. They generally sell for a few dollars more a point so might be break even. Paperwork for every contract though.

Sorry to hijack this. I'm need to DVC. Have a contract going through ROFR atm. The contract we bought is less than 150. If it does go through, can we add on more points direct, under 150? Thanks!

 

[wnielsen1]

Sorry to hijack this. I'm need to DVC. Have a contract going through ROFR atm. The contract we bought is less than 150. If it does go through, can we add on more points direct, under 150? Thanks!

Yes, once you become a member (resale included), you can add-on for as little as 25 or 50 depending on the resort.

 

[elenex]

We started with 100 direct at poly when that was the blue card requirement just before the pandemic. Then added on 50 poly resale a few months later. Since then have added 30 BWV direct and just closed on 50 VGC resale.

I've been happy with this approach and since 2020 it's allowed us to have 2 lengthy WDW trips at BWV (10 nights, 6 nights including Christmas Eve and Christmas in a boardwalk view studio) during COVID. We have also taken 2 trips to VGC on points in the past year (total of 8 nights) prior to even buying in there as I've been lucky/good with booking it at 7 months. On the horizon there's a 15-night trip planned and budgeted for WDW next fall, and a 7 night stay booked at VGC in January '23.

If we had waited to buy in, none of those trips would've happened and they have been some of the best among my 30 or so lifetime visits to WDW and DLR. I just paid off the loan on the original poly contract after 2 years and will pay off the most recent contract at VGC within the next year, setting me up to hopefully buy in big at VDH which will push us to my goal 300-400pt range. The other 2 contracts I paid in full up front.

I wholeheartedly endorse this approach if you think it fits you, but I do recommend starting with at least 100 points and being methodical with your add-ons. I like having different home resorts as well, assuming of course you have enough points in each to satisfy your needs. Lastly, don't buy a contact that isn't exactly what you want (Price, UY, point total etc). Buying the wrong size contract can have long lasting effects as can the wrong UY. Be patient, it will come.

 

[Joel22]

Yes, once you become a member (resale included), you can add-on for as little as 25 or 50 depending on the resort.

Oh wow! That's amazing. Thank you

 

[Sandisw]

Oh wow! That's amazing. Thank you

To qualify for membership extras, you would still need to reach 150..or whatever level is required. But, as a current owners, you can get there in smaller amounts.

And, any direct points are good at RIV and future resorts, even though your resale are not.

 

[PinkPixel]

To qualify for membership extras, you would still need to reach 150..or whatever level is required. But, as a current owners, you can get there in smaller amounts.

And, any direct points are good at RIV and future resorts, even though your resale are not.

How does the minimum add on direct price differ from buying direct in a full 150 contract? Is there a site that tracks those prices?

 

[Sandisw]

How does the minimum add on direct price differ from buying direct in a full 150 contract? Is there a site that tracks those prices?

It always costs a new buyer more than a current owner for the resorts with incentives.

Www.dvcnews.com always keeps up with them as well as many posting them here!

 

[PinkPixel]

You would need to purchase a resale contract 1st to be able to buy contracts of that size direct without 1st buying a 150 point contract direct.
Selling is easier if it ever came up but as already mentioned because of some fixed closing costs it's also at a higher expense. Still, to not borrow it's not a bad plan but just an FYI about closing costs on the back end if you did sell. They generally sell for a few dollars more a point so might be break even. Paperwork for every contract though.

Can you sell your first master account contract if it originates as resale? If I bought a small resale that matched the use year I wanted and later bought enough direct for my needs and decided I no longer wanted that first resale...

 

[Sandisw]

Can you sell your first master account contract if it originates as resale? If I bought a small resale that matched the use year I wanted and later bought enough direct for my needs and decided I no longer wanted that first resale...

Yes, you can sell that resale after buying direct.

 

[PinkPixel]

Yes, you can sell that resale after buying direct.

Not on topic, but what led me to ask. I saw a 30 point Beach Club contract come up on a resale site this morning with a December UY and it's now no longer on the site. I'm looking for VGF, Poly possibly, but like BC for sure. Not sure other websites can be discussed? But I guess it sold fast! Was exciting to see though and like the low points!

 

[Sandisw]

Not on topic, but what led me to ask. I saw a 30 point Beach Club contract come up on a resale site this morning with a December UY and it's now no longer on the site. I'm looking for VGF, Poly possibly, but like BC for sure. Not sure other websites can be discussed? But I guess it sold fast! Was exciting to see though and like the low points!

If you post the link to the business and it shows up, you can talk about that site. If it shows up with ****; then you can’t discuss it or information found there.

 

[WxKristin]

I didn't do this through "small" contracts exactly, but I did buy resale first (CCV) and followed by 150 VGF direct earlier this year when they first made it available to current members. The nice thing about buying resale first is Disney can then match your use year, so both of these are on the same member number. Then as others have mentioned the add-on price direct is generally cheaper than the new member price too.

The price per point is typically cheaper both resale and direct (more incentives) the more points you add at a single time, but that's probably not worth it if you need to take out a loan. I put my direct purchase on the Disney Visa, had the initial payments split across 90 days and then had another 6 months no interest to pay it off (so close to 9 months).

 

[PinkPixel]

I didn't do this through "small" contracts exactly, but I did buy resale first (CCV) and followed by 150 VGF direct earlier this year when they first made it available to current members. The nice thing about buying resale first is Disney can then match your use year, so both of these are on the same member number. Then as others have mentioned the add-on price direct is generally cheaper than the new member price too.

The price per point is typically cheaper both resale and direct (more incentives) the more points you add at a single time, but that's probably not worth it if you need to take out a loan. I put my direct purchase on the Disney Visa, had the initial payments split across 90 days and then had another 6 months no interest to pay it off (so close to 9 months).

Very interesting! Thanks for sharing the Disney Visa payment plan set up that worked for you. Did you get it for that purpose before contacting MS?

 

[WxKristin]

Very interesting! Thanks for sharing the Disney Visa payment plan set up that worked for you. Did you get it for that purpose before contacting MS?

I got it for the 2% back in Disney rewards plus the ability for no interest (and the $300 account credit). Applied for the card a week or so before we finalized VGF purchase with our guide in March. Our guide was able to separate the purchase into 3 equal payments on the Disney Visa with no hesitancy. Points were available for booking as soon as our first payment was made... welcome gift and final closing documents came in the mail after the final payment on the cc was made. Will probably switch it to a regular account instead of premier next year (to avoid the annual fee). I think the Disney Visa also has a DVC purchase discount now (direct only) that wasn't available earlier this year.

 

[dvc lover 1970]

Most of my contracts are 100 points and under. I have a mix of direct and resale. The 25 point resale contracts are really not worth it -- for those I would probably buy direct. Start with 100 resale then add on from there. If 25 points then I would buy direct as the price difference at that point range is minimal.

 

[Lorana]

Everyone here has echoed my own reasons as well. Many of my contracts are 100 points and under, with the biggest reasons want to pay cash (though I took advantage of the Disney Visa 6 months 0% offer when purchasing direct). I also really wanted the flexibility to be able to sell off small amounts in the future should I choose to downsize, and small contracts may cost more than large contracts to buy but they also sell faster and for more when reselling.

 

[Mtufano1989]

Yes, once you become a member (resale included), you can add-on for as little as 25 or 50 depending on the resort.

To piggy back off of this, if you were to add 25 or 50 points direct to an allotment of resale points, does that now make the rest of your points considered direct? Meaning are you allowed to use the entire points allotments at places such as Rivera or Disney Cruises ( I know this is a bad use of points), or just the 25 or 50 points you purchased from direct? If so, I would imagine this then would make you eligible for the direct perks as well, such a DVC events, discounts and lounges? Thanks!

 

[wnielsen1]

To piggy back off of this, if you were to add 25 or 50 points direct to an allotment of resale points, does that now make the rest of your points considered direct? Meaning are you allowed to use the entire points allotments at places such as Rivera or Disney Cruises ( I know this is a bad use of points), or just the 25 or 50 points you purchased from direct? If so, I would imagine this then would make you eligible for the direct perks as well, such a DVC events, discounts and lounges? Thanks!

No, buying new points will not change the status of resale points that you already own. Only the 25/50 will be usable at Riviera, etc. And you would still be short of the 150 direct needed for membership extras.

 

[Sandisw]

To piggy back off of this, if you were to add 25 or 50 points direct to an allotment of resale points, does that now make the rest of your points considered direct? Meaning are you allowed to use the entire points allotments at places such as Rivera or Disney Cruises ( I know this is a bad use of points), or just the 25 or 50 points you purchased from direct? If so, I would imagine this then would make you eligible for the direct perks as well, such a DVC events, discounts and lounges? Thanks!

The best way to think about it is that the points carry the rules and not the owner.

So, no matter what an owner has, resale points bought since 2019 can not be used at RIV or future resorts.

 

[hglenn]

WAs just reading through this and thinking about all fo the talk of blue card vs white card perks and such. To me, the ability to buy small contracts as well as qualify for the member pricing on direct DVC is a huge perk that is still being offered to white card members. If you are going to be adding on, that alone will get you more value than any dining or merch discount. Hopefully they don't take that away!