Direct purchase question...

[Matty B13]

I'm wondering what the dvcmember website will look like. Maybe the fonts will all be red instead of blue. An animated image of Ken will be standing behind Septa Unella chanting "Shame. Shame. Shame."

We all know what happened to the "Septa"........ Disney might want to consider that......

 

[Matty B13]

I also think it is funny how DVC "WELCOMES" new owners, considering that my wife and I being newer parents and wanting to give out children the Disney experience haven't been in a financial situation until now to purchase DVC and only offering PVB with only studios, or Aulani in Hawaii, or to wait list us in hopes of getting a chance to purchase and old resort at inflated prices.

 

[Dean]

I also think it is funny how DVC "WELCOMES" new owners, considering that my wife and I being newer parents and wanting to give out children the Disney experience haven't been in a financial situation until now to purchase DVC and only offering PVB with only studios, or Aulani in Hawaii, or to wait list us in hopes of getting a chance to purchase and old resort at inflated prices.

I don't understand the angst in this situation. While I may disagree on their choices for Poly, I don't think any of it was to hurt new owners and I'm sure they realized there would be some that wouldn't buy because it didn't work for them. They are selling what they have to sell now with Copper Creek coming up. The prices are what they are, as long as people will buy, that's what it's worth. There's always resale and the restrictions don't change any of the contractual obligations.

 

[ScubaCat]

We all know what happened to the "Septa"........ Disney might want to consider that......

She took a ride with a certain "mountain" not found in any magic kingdom.

The restriction is on "membership magic" discounts. To quote the document, "certain discounts" will not be offered to new resale buyers. Since the card, in and of itself, is not a discount, I don't see how it could be included. But we'll have to wait and see.

This is true. They wrote everything it in such a way that they can pick and choose and change things at any time. I was just quoting the TIW and DVC sites that call it "The Tables in Wonderland discount".

I doubt they can create a fixed week secondarily when it was not sold as such initially.

Why not? DVD's points are "pooled" and they can sell them out of each residential unit in any manner they so chose. The only restriction per the condo declaration is that a maximum of 35% of occupancy can be sold as a guaranteed week. (In other words, 65% of the studios, 1BR, 2BR, etc. have to be available every day outside of guaranteed week contracts.)

 

[Dean]

Why not? DVD's points are "pooled" and they can sell them out of each residential unit in any manner they so chose. The only restriction per the condo declaration is that a maximum of 35% of occupancy can be sold as a guaranteed week. (In other words, 65% of the studios, 1BR, 2BR, etc. have to be available every day outside of guaranteed week contracts.)

I'm pretty sure they can't convert after the fact but if you want a definitive answer you'll likely need to talk to DVD's legal department.

 

[supersnoop]

I doubt they can create a fixed week secondarily when it was not sold as such initially.

They always create new deeds. They aren't restricted to how the deed was originally sold.

 

[Dean]

They always create new deeds. They aren't restricted to how the deed was originally sold.

It's in the POS that they can rearrange the points but this wouldn't necessarily translate to selling a fixed week.

 

[supersnoop]

It's in the POS that they can rearrange the points but this wouldn't necessarily translate to selling a fixed week.

It's in the POS that they can sell a fixed week. It doesn't stipulate they have to somehow use "new" points to sell one.

 

[miTnosnhoJ]

Here is the language in the VGF Membership Agreement. I see nothing that would prevent them from selling Fixed Weeks up to the 35% limit. (Sorry, the Disney Document does not copy paste very well)

Fixed Use Periods. DVD

has reserved the right to sell Ownership interests in the Condominium as Fixed

Ownership Interests withFixedUse Periods. ClubMemberswithFixed Ownership interestshavethe right tousea specific type

ofVacation Home (forexample a Two-BedroomLakeViewVacation Home) during a specific FixedUse Period (for example, a

week thatincludes Christmas day). Reservations Fixed Ownership Interests

for

areconfirmed automatically on a priority

basis.

Thisreservation priority

otherClubMembers from reserving FixedUse Periods, despite the first-come, first-

preempts

servednatureoftheHome

ResortReservation Component, becausethe priority

reservationofan Owner witha Fixed

Ownership

Interest willbe confirmed prior tothe right ofother ClubMembers tomake a reservation forsuch FixedUse

ofClubMemberswithout Fixed Ownership Interests

Periods.This may adversely affect the ability

tomake reservations during

high demand seasons. However, DVD will notsellFixed Ownership interests include morethan thirty-five percent(35%) of

that

any

specific Use

Day

for anyspecific VacationHome Type inthePlan.This means, for example, that Christmas day will be

first-served in at least sixty-five percent (65%) of the Two-Bedroom Lake View

available reservation on a first-come,

for

basis

Vacation Homes.

 

[Dean]

It's in the POS that they can rearrange the points but this wouldn't necessarily translate to selling a fixed week.

Knowing how these things work I'm doubtful they can do it after the fact. I won't be convinced without seeing it done or getting direct confirmation from DVC (other than sales) that it can.

 

[Perelandra]

I know that to many of you this has been discussed ad nauseum in many threads, but after a lot of research we chose to buy resale at SSR for $79 per pt. So, we got 37 years or 74% of a 50 year membership at 56% of the price (Disney sells SSR direct at $140 per point). We added on a 25 point contract direct for $3500 on our Disney Visa for member benefits, and in our case saved $18,300 with a negligible difference in our final contract. For people that don't mind pulling our kids out of private school to go to Disney, it's a no brainer, but if you have to go at the busiest time of the year and don't want to stay at SSR, then this may not be an acceptable strategy. SSR also has one of the lowest maintenance dues of any resort at $5.44 per point.

 

[supersnoop]

Knowing how these things work I'm doubtful they can do it after the fact. I won't be convinced without seeing it done or getting direct confirmation from DVC (other than sales) that it can.

You and I must have different definitions of "after the fact." We're not talking about adding a fixed week to an existing contract. Anything DVD sells is "new" no matter where the points came from. As long as they have the points, they can sell a fixed-week contract.

 

[Dean]

You and I must have different definitions of "after the fact." We're not talking about adding a fixed week to an existing contract. Anything DVD sells is "new" no matter where the points came from. As long as they have the points, they can sell a fixed-week contract.

For a sold our resort, creating a fixed week is quite different than combining or breaking up existing points. As I read it they couldn't and even if they could, I'm sure they wouldn't. They clearly created much more strict limits on the fixed weeks than allowed within the POS.

 

[NotAMouse]

I know that to many of you this has been discussed ad nauseum in many threads, but after a lot of research we chose to buy resale at SSR for $79 per pt. So, we got 37 years or 74% of a 50 year membership at 56% of the price (Disney sells SSR direct at $140 per point)

I don't think that contracts purchased directly from Disney have a different expiration date, so the percentage of time remaining doesn't seem relevant to the comparison.

 

[GECJEC]

I know that to many of you this has been discussed ad nauseum in many threads, but after a lot of research we chose to buy resale at SSR for $79 per pt. So, we got 37 years or 74% of a 50 year membership at 56% of the price (Disney sells SSR direct at $140 per point). We added on a 25 point contract direct for $3500 on our Disney Visa for member benefits, and in our case saved $18,300 with a negligible difference in our final contract. For people that don't mind pulling our kids out of private school to go to Disney, it's a no brainer, but if you have to go at the busiest time of the year and don't want to stay at SSR, then this may not be an acceptable strategy. SSR also has one of the lowest maintenance dues of any resort at $5.44 per point.

This is my question, can you purchase both resale and direct with the purchase points combining for stays and still get benefits? Say I purchased 50 at BLT and 50 at BCR using resale then another 50 at AK direct, would I be able to use all 150 points at any of those 3 resorts at the 11 month window and receive the direct perks? Been debating for 10 years whether to hop on board the DVC train...

 

[KAT4DISNEY]

This is my question, can you purchase both resale and direct with the purchase points combining for stays and still get benefits? Say I purchased 50 at BLT and 50 at BCR using resale then another 50 at AK direct, would I be able to use all 150 points at any of those 3 resorts at the 11 month window and receive the direct perks? Been debating for 10 years whether to hop on board the DVC train...

You could use them all at 7 months and book where ever there were openings but not at 11 months. That is the home resort priority window and points follow that. Consider that if they didn't everyone would just buy 25 of the resort they'd like most and the remainder at the lowest cost resort.

 

[Perelandra]

I don't think that contracts purchased directly from Disney have a different expiration date, so the percentage of time remaining doesn't seem relevant to the comparison.

You are right. I thought of this after I had posted, but I actually got 100% of what Disney direct has to offer at SSR at 56% of the price. Even better

 

[Dean]

You are right. I thought of this after I had posted, but I actually got 100% of what Disney direct has to offer at SSR at 56% of the price. Even better

It is relevant only for OKW. Some want to compare to times in the past and that isn't especially applicable to a current purchase.

 

[Perelandra]

It is relevant only for OKW. Some want to compare to times in the past and that isn't especially applicable to a current purchase.

I agree. To me, resale is just such a no brainer, but I tend to go in value season, so home resort is not such a big deal. So the values at SSR and AKL resale (still with such far off expiration dates) are easy decisions, since I may or may not even stay at either. Now, if you go at particularly busy times of the year and feel the need to buy into a resort that is priced much closer to direct prices, it becomes fuzzier, in my opinion.

 

[Dean]

I agree. To me, resale is just such a no brainer, but I tend to go in value season, so home resort is not such a big deal. So the values at SSR and AKL resale (still with such far off expiration dates) are easy decisions, since I may or may not even stay at either. Now, if you go at particularly busy times of the year and feel the need to buy into a resort that is priced much closer to direct prices, it becomes fuzzier, in my opinion.

It seems we agree overall. I do feel there are limited times when a direct purchase makes sense for those that can afford it (pay cash) but where there's significant savings to be had resale, it doesn't make sense. With the recent changes a resale purchase plus a retail add on is likely the best option for most people who are new to the program plus they are in a position to plan that as part of their overall purchase strategy. Buying resale first then doing the add on. Exceptions are for 50 pts ONLY or under and where the more expensive resorts (Poly, VGF, VGC) make sense otherwise.