do you ever see there being a disadvantage buying resale vs. disney itself?

[kfalsey]

do you ever think that there will be a problem with reservations or anything else for someone who bought resale vs. thru disney

 

[Buckeye Fan]

My SIL/BIL purchased through Dis initially. They added on through Dis. Last year (about 10 years later), they added on via resale (all OKW with Dec UY). DH and I purchased 2 contracts via resale and are about to close on a third at VB. All I can say is from what I can tell, I've never been treated any differently than them and they haven't been treated any differently since they purchased resale last year.

Just as an example, I called to make reservations first for our spring break trip (SIL/BIL went too and got their own 2-BR unit on a separate reservation). When I called, everything was taken except for SSR 2-BR lock-offs. She called a couple of hours later, was told the same thing. I reserved and placed my name on a wait list for a dedicated. She did the same. Both of us were notified within a day or two of each other that we had gotten our request. From what I can tell, Dis was consistent in their message, their process and fullfilling the waitlist as indicated.

Hope this helps!!!

 

[iloveokw]

We've bought points thru Disney and the Timeshare Store. Once the transacation is completed there is NO difference in where your points were purchased.

 

[dianeschlicht]

A membership is a membership. How you purchased it has nothing to do with how you can use it. All memberships are equal in that regard.

 

[Deb & Bill]

The only disadvantage is getting to closing and being able to use your points. Once you have your points, no difference at all.

 

[jdvm]

I think you asked a good question. There certainly isn't a difference now, but WILL there be? I don't know the documents/laws inside and out but I would suspect that it would be difficult for Disney to treat folks differently at some point in the future (i.e. super fast passes in the parks for people who bought directly from Disney). I also think that Disney probably realizes that the resales folks provide a necessary (and probably annoying) function of providing a liquid market for DVC interests.

John

 

[salmoneous]

Can they and will they are two different questions. I think it unlikely they would give bought-from-Disney owners any significant advantage in the near future. But when you are talking 35-50 years of ownership, who knows what will happen down the road.

But, should they ever want to, it would be very easy for them to hand out benefits and goodies only to bought-from-Disney owners. They could send out new tote bags or 20th anniversary prints just to those folks. They could also start giving some of the "minor" perks only to those who bought from Disney - previews on new attractions, that sort of thing.

The current rules and bylaws seem to protect resale-buyers from anything major. Right now, Disney can't go offering 7-month windows to resale buyers but 8-month windows to from-Disney-buyers. However, the way the OKW extension was structured was eye opening. Since Disney controls the membership association, they really do have extraordinary powers. I wouldn't put any limitations on what they can and can't do.

 

[robinb]

The only disadvantage I had was when I bought my second resale. It was not the same use year as my first resale. I could not combine points from the two resorts for a reservation in the 7-month window. If I wanted to use points from both resorts on a reservation, I had to book separate reservations in whole days with each contract and connect the reservations. I never lost points doing that, but I could have.

I have heard that if you buy a resale with the same UY as your first contract you can combine them by calling member services.

 

[Boas]

i bought resale and had NO problems.

the only issue I found is the process takes a little longer... but once you close it is exactly the same.

PS> i got a great deal resale... so it is worth checking it out!

 

[WNYDISNEYFAN]

bought my resale and like the others say other than it takes longer to be able to use your points no difference at all

 

[JimC]

No distinction now, and I do not believe it would be in Disney's interests to create one. Different treatment would likely hurt the resale market. My view is that a dynamic resale market is important for membership growth.

The only disadvantage is inherent in the program -- resale contracts must be purchased as is -- you can not change the use year or number of points.

 

[kfalsey]

what did you mean when you said you can not change the uy and points for resale. are you saying if you buy from disney a uy or points you can later change the contract?

 

[Deb & Bill]

what did you mean when you said you can not change the uy and points for resale. are you saying if you buy from disney a uy or points you can later change the contract?

If you currently have a UY, say of Sept, with a specific master contract number, if you buy a resale with a UY of Sept, it would automatically be a separate master contract, unless you asked Disney to give it your contract number. If it is a different UY, it will remain a separate contract.

If you buy an add-on from Disney, they will only sell you points with the same UY you already have. If you want a different UY and want to buy more points from Disney, you have to buy a new master contract, meaning 160 points.

 

[kfalsey]

what did you mean give disney your number. for instance if you find a contract from the time share store, they go back to disney to check if they want it, if it passes rofr, then are you saying at that time you would ask disney to add it to your contract, or add them together. you just call disney and ask to put the two contracts together as long as they have the same use year. correct

 

[Deb & Bill]

what did you mean give disney your number. for instance if you find a contract from the time share store, they go back to disney to check if they want it, if it passes rofr, then are you saying at that time you would ask disney to add it to your contract, or add them together. you just call disney and ask to put the two contracts together as long as they have the same use year. correct

They just make it an add-on to your master contract.

 

[Dean]

I could see changes that would put resale member at a disadvantage but I think it's unlikely to happen. The most likely would be to not allow transfers and not allow extensions of the length of the contract but in theory they could prevent owners from even using points at other resorts, doing add ons, using any of the exchange options, getting any of the perks/discounts if they wanted.

 

[JimC]

what did you mean when you said you can not change the uy and points for resale. are you saying if you buy from disney a uy or points you can later change the contract?

No. If you buy from Disney you can design your contract within some limits, but once purchased it remains as is. However if you buy resale you take it as it is.

 

[kfalsey]

what do you mean you can design the contract slightly? with disney or resale you pick a uy, number of points , and set an interest rate if financing, what else can be negotiated? what do you mean as is for the nondisney contract. please give details.

 

[culli]

what do you mean you can design the contract slightly? with disney or resale you pick a uy, number of points , and set an interest rate if financing, what else can be negotiated? what do you mean as is for the nondisney contract. please give details.

One thing with Disney is if you get a 200 pt contract you can have them break it up into smaller contracts up front - this would help if you ever wanted to sell. If you buy resale you can't break the contract up. However, I thought I read or heard somewhere that occasionally Disney will break existing contracts into smaller ones but I'm sure others on the board will address this better.

 

[Deb & Bill]

what do you mean you can design the contract slightly? with disney or resale you pick a uy, number of points , and set an interest rate if financing, what else can be negotiated? what do you mean as is for the nondisney contract. please give details.

With Disney, you pick the number of points you want, they assign you a UY.

With a resale, you are stuck with what you buy. No choice on the UY or number of points, except for what is available. You can't reduce the numbe of points or add a few if you need a few more. For example, SSR contract for sale on resale, Sept UY, 143 points. If you want 150 points, you have to find a contract for sale with 150 points. With Disney, if you want 150 points, you buy 150 points. If you want Oct UY, you have to find one with an Oct UY.

With Disney, if you want to finance the purchase, they will offer you financing at either you take it or you don't. If you don't you pay for it anyway you can. With resale, you can't finance through the resale company (usually), and have to find your own financing.

When you buy from Disney, you pay their asking price. No negotiation on the price with them. If you buy resale, you can always negotiate the price with the seller. You pay their price, but they pay all closing. They lower the price and you pay all closing. You pay their price, but they pay all the annual dues for the points already used in the contract or for the rest of the year.

You might find the perfect contract with the number of points and UY that you want, but their might be no points available until next year (or the next, as in borrowed for the next year already). This would be a stripped contract. And you buy it as it. No points available for you for two years.