Direct Add On Now 25 pt Min on all Resorts!

[MyDogTink]

Does DVC code as “travel” for a card like the chase preferred card?

 

[VGCgroupie]

You can still get the credit card SUB if you use a title company that allows deposit by credit card. But it makes sense for your 125 direct point situation

I wish more of them would allow more money for deposit. I dont like having just one title company option. Also closing fees on resale are drastically higher, so for such a small contract of 25 points resale isn't always the best option

 

[VGCgroupie]

Does DVC code as “travel” for a card like the chase preferred card?

Chase codes DVC purchases as travel. Amex does not.

 

[MICKIMINI]

Of course she did

Took the words right out of my mouth ha, ha!!

 

[eticketplease]

Seems like these small contracts would be a good deal for adding on 2042 resorts as you can just hold it to expiration and not worry about ever selling it given closing costs probably eat up a lot of their value at resale

These resorts you could previously do that with.
The big news is that ALL resorts are now able to be purchased with cash at a 25 point minimum which had stopped for the newer resorts when CCV was first offered.

 

[MICKIMINI]

How about some LV luggage to take on a trip with new DVC points

I have visions of a Titanic style stack of LV trunks...so much more $$$ than a few DVC points!!

 

[VGCgroupie]

Took the words right out of my mouth ha, ha!!

Wives have a way of getting what they want and often without even trying

 

[MICKIMINI]

Wives have a way of getting what they want and often without even trying

DIL is a big giver of LV and other goodies!! Love her enough she is on the direct!!

 

[pzw90]

Maybe thinking too much into this, but when these 25pt CCV contracts will start showing up on the resale market and scooped by new members thinking they can get studio accommodations it might be an issue. All they can get is studios for somewhere where its already a bit skewed points wise due to the cabins and demand for studios being greater (especially around end of year). Or someone owning elsewhere just wants 25 to split stay a day or two with home priority. Won't be surprised to see studio availability get worse.

 

[stat]

Maybe thinking too much into this, but when these 25pt CCV contracts will start showing up on the resale market and scooped by new members thinking they can get studio accommodations it might be an issue. All they can get is studios for somewhere where its already a bit skewed points wise due to the cabins and demand for studios being greater (especially around end of year). Or someone owning elsewhere just wants 25 to split stay a day or two with home priority. Won't be surprised to see studio availability get worse.

Semi-related to your comment, a few years down the road we might see a spike in 25 point contracts and buyers may want to buy 2+ at a time. In that case I've heard that you can get some closing cost relief when buying from the same broker. My Fidelity agent told me this once ("sure you don't want to bundle this other small contract? It'll save you some money!"). I can't remember if that was for any second contract purchased at the same time or if it had to be from the same seller.

 

[Joroc0801]

Maybe thinking too much into this, but when these 25pt CCV contracts will start showing up on the resale market and scooped by new members thinking they can get studio accommodations it might be an issue. All they can get is studios for somewhere where its already a bit skewed points wise due to the cabins and demand for studios being greater (especially around end of year). Or someone owning elsewhere just wants 25 to split stay a day or two with home priority. Won't be surprised to see studio availability get worse.

Correct me if I'm wrong but this is the minimum for add on only correct? Or does 25pt apply to new ownership. If it's strictly add-on then I don't foresee it swaying studio demand much at all. Theoretically owners at other resorts could add on 25pt at CCV for 1.5 nights(maybe 3 with banking) but how much capacity does that really take up? It's a sold out resort so I think the more likely trend would be current owners adding on points to upgrade to 1br. I myself couldn't imagine adding a 25pt contract but maybe it's advantageous for people with different strategies.

 

[VGCgroupie]

Maybe thinking too much into this, but when these 25pt CCV contracts will start showing up on the resale market and scooped by new members thinking they can get studio accommodations it might be an issue. All they can get is studios for somewhere where its already a bit skewed points wise due to the cabins and demand for studios being greater (especially around end of year). Or someone owning elsewhere just wants 25 to split stay a day or two with home priority. Won't be surprised to see studio availability get worse.

Or hear me out.. its new members who bought in thinking they would stay in studios are now realizing that cheap studios can be hard to get so they want to up their points have more flexibility at other more expensive resorts or other room types. Although 25 wont move the needle too much on getting a 1 bed but it could in a bank/borrow scenario.

 

[VGCgroupie]

Correct me if I'm wrong but this is the minimum for add on only correct? Or does 25pt apply to new ownership. If it's strictly add-on then I don't foresee it swaying studio demand much at all. Theoretically owners at other resorts could add on 25pt at CCV for 1.5 nights(maybe 3 with banking) but how much capacity does that really take up? It's a sold out resort so I think the more likely trend would be current owners adding on points to upgrade to 1br. I myself couldn't imagine adding a 25pt contract but maybe it's advantageous for people with different strategies.

add on only

 

[PlutoNotPlanet]

thinking they can get studio accommodations

not impossible with 75 points after banking and borrowing lol

 

[Genie+]

Honestly, I am very glad I married a middle class girl who has never needed those type of things for validity and ego…. she just won’t drive a car that isn’t made in Germany or Sweden….

Everyone has their things….

Clearly 1,000% the most rational choice!

 

[Disney Spaz]

Ugh this is killing me! 25 would put us at the threshold we want for our 1bdrms every other year at Thanksgiving. But DH just started a major dental process that is going to be very costly. Must resist.

 

[MICKIMINI]

Semi-related to your comment, a few years down the road we might see a spike in 25 point contracts and buyers may want to buy 2+ at a time. In that case I've heard that you can get some closing cost relief when buying from the same broker. My Fidelity agent told me this once ("sure you don't want to bundle this other small contract? It'll save you some money!"). I can't remember if that was for any second contract purchased at the same time or if it had to be from the same seller.

AFAIK it can be both. I have bought "twins" several times with one closing (slightly more than a single). My fav broker told me I could buy different contracts and bundle as long as it was the same seller. I would ask the broker you are working with as they may have a different policy.