Direct through Disney vs Resale - Questions.

[pdude81]

Wrote that last post before I saw what you were typing. 3x the rate of what? Copper creek that has only been selling for half of the year to this point? Or the resorts people have to be on waiting lists for? The beauty of statistics is that you get to frame things however you want to.

Sent you a pm so I don't plug up your whole thread, but I think you may want a new guide

 

[supersnoop]

Ok.. Just got off the phone with the DVC Rep.. So..... They are "back dating" the points to February and the benefit is I get all of 2017 points.. I suspect they use this as a selling tool with the expectation that when you visit their tour you are on your "annual" Disney trip and won't be returning till the same time next year.. As his explanation was that I could immediately bank the 2017 points and use them for my 2018 vacation.. So that is what he was referring to for back dating the points.. He also mentioned that they are backdating the points but not charging for the annual dues on those months.. so while I get the 2017 points I only pay from the day I sign contract till end of year for dues vs having to pay the full year of dues.. I then inquired about the use year and explained how we vacation each year.. I told him that the Polynesian is our preferred resort in October and December and that with a February Use Year we would lose our points should we have to cancel last minute. I inquired if there was a way to change the use year, however he stated that all they have left in their inventory is a February Use Year. I then asked what happens if I come down there in August or later, will they still offer a February Use Year or will other Use Years be offered.. He got a little stumbled and just reverted back to saying that the Polynesian is the last resort on the monorail and will probably be sold out by then.. Actually, he "guaranteed" that it would be sold out as it is moving fast.. He then noted that they already have it scheduled that if they obtain any inventory at Bay Lake Towers or the Grand Floridian the point rate they will be sold at is $185 per point... Not sure how they would sell for more then the current point rate.. And apparently the Polynesian is selling 3x faster then the other DVC resorts..

Lots more sales-speak in there. With a February use year, you're currently in the 2017 use year. If you bought today, wouldn't you expect to get the points for the year you're in? I don't think they can legally sell a contract without current points. If you bought an October use year, you'd be in your 2016 use year right now, and he'd tell you that you're getting "a whole extra year of points" when, in reality, you're getting what you're paying for.

DVC bills dues in January for the calendar year. It's their practice to charge you pro-rated dues based on the month you buy in. However, the resale market tends to look at it differently. If you're getting 2017 points, the sellers tend to try to recoup the 2017 dues. But, everything is negotiable.

As for "selling 3x faster," that's kind of like a car dealer saying that the model with 20 cars on the lot is selling faster than model with only one (or many no) cars on the lot. He's got 40x the inventory compared to any other resort, so of course it's selling 3x faster.

 

[kboo]

Ok.. Just got off the phone with the DVC Rep.. So..... ... I then asked what happens if I come down there in August or later, will they still offer a February Use Year or will other Use Years be offered.. He got a little stumbled and just reverted back to saying that the Polynesian is the last resort on the monorail and will probably be sold out by then.. Actually, he "guaranteed" that it would be sold out as it is moving fast.. He then noted that they already have it scheduled that if they obtain any inventory at Bay Lake Towers or the Grand Floridian the point rate they will be sold at is $185 per point... .....

There is so much wrong with what you've been told, but it looks like @pdude81 has it covered in his PM to you. I am going down to WDW in August and we'll probably stop by one of the DVC spots and I'll ask if they have Oct UY and could bank 2016 points... But to address the quoted bit of your post - the rate to buy BLT or VGF direct from Disney has been $185 for a while. That's how much it cost when I was adding on a small direct contract direct last month. And when I called, I told them I wanted Feb UY (to match the contract I already had), and they found the points within about 24 hours (though I had to call to nudge; clearly wasn't on the highest priority list there) in the UY I had. So for approx 1,000,000 points outstanding at Poly, it is simply not credible for them to say that they "only" have Feb UY available.

 

[fearthisinc]

How does it all work with buying resale and then "adding on".. For example, if i purchase a Poly resale and then add on say 20 points direct.. Will I then be considered a "full member" with all the perks? or do you still not get all the perks as you would if buying direct? I have no intentions of using the points anywhere other then Disney World Florida..

 

[_auroraborealis_]

however he stated that all they have left in their inventory is a February Use Year. I then asked what happens if I come down there in August or later, will they still offer a February Use Year or will other Use Years be offered.. He got a little stumbled and just reverted back to saying that the Polynesian is the last resort on the monorail and will probably be sold out by then..

I'm assuming @pdude81 covered most issues, but your guide is slinging poo, and not the willy nilly silly kind. 20% of the Poly isn't even SALABLE right now, because it hasn't been declared.

Points do not acquire UY at declaration. They acquire UY at sale.

How does it all work with buying resale and then "adding on".. For example, if i purchase a Poly resale and then add on say 20 points direct.. Will I then be considered a "full member"

You are eligible for any member-only events and discounts, as there is no minimum point quantity for that. The resale points can never be traded into Disney Collection or cruising, but all points are RCI-eligible.

 

[pdude81]

Yes, full membership with the 25 points, but you can only trade out those direct points to cruises or to other "collection" hotels. However, you can usually do better by renting out your points and paying cash at those places anyway.

Minimum add on will be 25 points, and they will add on to whatever use year you have. That's why I don't get why they would pretend you can only get Feb points. If you already had a different use year and wanted to buy 220 points, they would give you that use year.

The trick with resale is that it can take time to get through the process of finding the right contract and the steps until points are loaded, but for some places like AKV it's half price from what DVD charges. For PVB I would rather get the 2016 points banked into 2017 and have them all right away to book whenever I need to. A lot of resale contracts on the market right now are stripped, but you may find some with '17 or '16 points in there also.

 

[fearthisinc]

A lot of resale contracts on the market right now are stripped, but you may find some with '17 or '16 points in there also.

Thanks for the info.. I actually found a Poly membership with a Sept use year (close enough to October).. The contract is for 200 points and has 146 points from 2016. The only thing it doesn't show is if the points were banked from 2016 or if they are current.. If they are current then they would expire at the end of August, correct? Regardless for 200 points it would cost around $27k after fees.. I then could add on 25 points at the current $176 rate which would only cost $4400 which would take me to around $31k.. still less then the $36k-37k buying direct.. Plus with the add-on I get all the membership perks for discounts.. I would never use the points for anything other then our Disney World trips.. I would be more concerned if I wouldnt get the discount perks..

 

[pdude81]

Thanks for the info.. I actually found a Poly membership with a Sept use year (close enough to October).. The contract is for 200 points and has 146 points from 2016. The only thing it doesn't show is if the points were banked from 2016 or if they are current.. If they are current then they would expire at the end of August, correct? Regardless for 200 points it would cost around $27k after fees.. I then could add on 25 points at the current $176 rate which would only cost $4400 which would take me to around $31k.. still less then the $36k-37k buying direct.. Plus with the add-on I get all the membership perks for discounts.. I would never use the points for anything other then our Disney World trips.. I would be more concerned if I wouldnt get the discount perks..

Right. Sept is only a little worse because of the banking deadline for your early trip, but for that you may add somewhere else with different uy in the future.

The real problem is if those points are not banked you have to get through rift, estoppel, deed transfer, and point loading for new member in less than 75 days. Even if you got the points in early August you'd have to use it rent them with very little availability left

 

[Dean]

How does it all work with buying resale and then "adding on".. For example, if i purchase a Poly resale and then add on say 20 points direct.. Will I then be considered a "full member" with all the perks? or do you still not get all the perks as you would if buying direct? I have no intentions of using the points anywhere other then Disney World Florida..

IMO it's essentially always best to buy resale first because it's much much more difficult to match a resale contract to a membership than a retail contract. They're steering you toward a UY that is the "standard". The idea is's almost sold out is crazy and even if it is, there will always be resale. Just decide what works for you. IMO you should stop talking to them completely, you'll likely just keep getting the sales speak if you do, it'll confuse you even more and if they're as good as many timeshares sales people are, they'll convince you to buy retail when you shouldn't. You decide what home resort(s), contract size and UY work best for you then set out to get that as cheaply as possibly likely with a 25 pt retail add on along the way. But don't buy Poly expecting to get BCV, it likely will work much of the time but it will likely be stressful even for May & June.

 

[KAT4DISNEY]

Ok.. Just got off the phone with the DVC Rep.. So..... They are "back dating" the points to February and the benefit is I get all of 2017 points.. I suspect they use this as a selling tool with the expectation that when you visit their tour you are on your "annual" Disney trip and won't be returning till the same time next year.. As his explanation was that I could immediately bank the 2017 points and use them for my 2018 vacation.. So that is what he was referring to for back dating the points.. He also mentioned that they are backdating the points but not charging for the annual dues on those months.. so while I get the 2017 points I only pay from the day I sign contract till end of year for dues vs having to pay the full year of dues.. I then inquired about the use year and explained how we vacation each year.. I told him that the Polynesian is our preferred resort in October and December and that with a February Use Year we would lose our points should we have to cancel last minute. I inquired if there was a way to change the use year, however he stated that all they have left in their inventory is a February Use Year. I then asked what happens if I come down there in August or later, will they still offer a February Use Year or will other Use Years be offered.. He got a little stumbled and just reverted back to saying that the Polynesian is the last resort on the monorail and will probably be sold out by then.. Actually, he "guaranteed" that it would be sold out as it is moving fast.. He then noted that they already have it scheduled that if they obtain any inventory at Bay Lake Towers or the Grand Floridian the point rate they will be sold at is $185 per point... Not sure how they would sell for more then the current point rate.. And apparently the Polynesian is selling 3x faster then the other DVC resorts..

You're getting a bunch of stupidity flung at you - personally I don't think the guide knows much of what they are talking about from the things they are stating. They'd probably be able to handle a 25 points add on for you but even for that I'd just request a new guide. I'd agree with others that there's no chance they are sold out for everything except February. DVC has UY's that they "switch" to as their sales move thru out the year and apparently Feb is the UY they are now selling for those who don't ask or don't necessarily know that having a good UY is in essence a free form of insurance against last minute cancellations.

The nice thing - you've found resale that would save you money thanks to that person.

 

[lvforvaca]

We currently own at BRV and BCV. We bought BRV direct through Disney years ago and a BCV resale a couple of years ago before they became so popular. If you get on right at 7 months at 8AM I have had good success getting what we want. Have used BRV points to book BC without a problem in summer if you are on right away.
The only time we haven't been able to get what we want is at Thanksgiving. This year tried to book BRV this year a few days after the 11 month window and couldn't even get that. We ended with a reservation at OKW for Thanksgiving because that was all we could get at 7 months.
So my point is if you plan ahead and are on right away, you should be able to get BCV with other points.

 

[msjprincess]

We currently own at BRV and BCV. We bought BRV direct through Disney years ago and a BCV resale a couple of years ago before they became so popular. If you get on right at 7 months at 8AM I have had good success getting what we want. Have used BRV points to book BC without a problem in summer if you are on right away.
The only time we haven't been able to get what we want is at Thanksgiving. This year tried to book BRV this year a few days after the 11 month window and couldn't even get that. We ended with a reservation at OKW for Thanksgiving because that was all we could get at 7 months.
So my point is if you plan ahead and are on right away, you should be able to get BCV with other points.

ITA. We own at SSR and OKW. We were able to book a one bedroom at BCV and a studio at Poly for this summer at 7mos with no problem.

 

[supersnoop]

Points do not acquire UY at declaration. They acquire UY at sale.

Yes, they do. Use year is based on the unit. All contracts from a single unit have the same use year, so use year is assigned when the unit is declared.