We just purchased direct because we wanted the Grand Floridian as our home resort to take advantage of the 11 month booking window. There were no resales for it that actually made sense at this time. Otherwise we would have purchased a resale.
I think there are a few situations where buying direct makes sense but they are limited. Fixed weeks at Aulani, must have VGF, very small add ons, VGC maybe. Buying direct to finance is adding insult to injury and for comfort level for those resorts available at close to half the price other than above is buying for false security. It's certainly not reasonable to use for cash type exchanges where you're not only paying double (almost triple at VGF) and likely buying more points as well. A VGF purchase aimed at DCL cruising as well could easily cost a member 5 or 6 times they cost were they to buy say SSR and buy just the points needed for DVC. It would almost certainly put them in a position where not only would they not ever break even but in all likelihood would actually lose money yearly looked at big picture. It would also add a ton of risk and aggravation to the long term travel plans. This assumes taking a reasonable approach to the TMV which for the difference would be a long term true investment for about 1/2 and money market rates for the rest and using that money for the cruises. Buying VGF but only for DVC would fall somewhere in between.Why would anyone purchase direct from Disney ? The prices are high enough that if I could not buy resale I would not buy at all.
I doubt there will be enough savings resale ever to justify waiting specifically for the savings from now. However, as the retail price goes up and the resale price settles out, it will likely be a much different choice for new buyers in a few years. However, it may be like VGC where the price difference isn't as big a deal as it is for BLT and below. IMO there's a big difference in decision making for a 15-20% difference compared to a 50% difference.If we wanted BLT I would not have hesitated to buy resale and save the money. We paid the premium to buy VGF and it's 11 Month Booking Window NOW! We probably could have saved a bunch of money if we waited a year or more for decent VGF resales, but, we are impatient! (LOL)
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I doubt there will be enough savings resale ever to justify waiting specifically for the savings from now. However, as the retail price goes up and the resale price settles out, it will likely be a much different choice for new buyers in a few years. However, it may be like VGC where the price difference isn't as big a deal as it is for BLT and below. IMO there's a big difference in decision making for a 15-20% difference compared to a 50% difference.
I agree with you but the price point and higher point per reservation do not make sense to me. Break even is to long and I feel I could not use those points in a cost effective manner at a different resort. My wallet out weighs my heart on this one.Well said. That is the reason I bought VGF direct. I knew about the resale market, but calculated that by the time resales hit in any quantity, there would not be that much of a difference in the early buy in price and the resale market.
I also think there are only 2 resorts in WDW, where your really are buying into a resort rather than the system. BCV and VGF. Though you can come up with scenarios and strategies to get into those resorts at very slow times of the year, I feel owning there is really the only reliable way to stay at those resorts a huge part of the year. If VGF is not where you want to stay most of your vacations, buying SSR is the way to go. Though every DVC resort has its charm, I feel the Grand is a different experience and one that you will have to own to enjoy on any type of consistent basis without some luck . Direct only makes sense in very narrow situations in my opinion.
I agree with you but the price point and higher point per reservation do not make sense to me. Break even is to long and I feel I could not use those points in a cost effective manner at a different resort. My wallet out weighs my heart on this one.
We own a BCV and love it but was wanting something close to the magic kingdom as well. We have stayed at the GF and liked it but thought BC was just as nice with storm along bay. I know a lot of people like GF. Sine we owned BCV we wanted something a little different and really like the room size and views of BLT. And the price point is attractive ad well. Even BCV is just as expensive as BLT and the contract is up much sooner.
Once the Poly is built, BLT will be the 3rd choice of the monorail resorts and IMO will not hold the value that VGF or Poly
We own at BLT and BCV and felt like both these resorts will hold their value best of all the WDW DVC resorts. VGF may well join or even surpass them. I just cannot justify the direct cost of owning there though. Also the points chart at VGF is way too high for us.
One of the things I enjoyed at night was the view and activity from the balcony around BLT with the boats coming and going. But all this talk is making think hard about VGF. Are the rooms that much bigger. One of the negatives about BCV is the small living rooms.