Downsizing?

[ACJT]

If I bought a small contract (re-sale) and sold my large one shortly afterwards, would I lose some of my original benefits? I originally bought in via re-sale a number of years ago and I understand that current re-sale purchases don't include many of the member benefits.

 

[_auroraborealis_]

If I bought a small contract (re-sale) and sold my large one shortly afterwards, would I lose some of my original benefits? I originally bought in via re-sale a number of years ago and I understand that current re-sale purchases don't include many of the member benefits.

Probably. I don't think any of us can say for sure, but I would expect those benefits to be based on the date of deed recorded to your name.

 

[BillPA]

If all you own is post 4/4/2016 you have none of the member extra perks.

 

[LAX]

If I bought a small contract (re-sale) and sold my large one shortly afterwards, would I lose some of my original benefits? I originally bought in via re-sale a number of years ago and I understand that current re-sale purchases don't include many of the member benefits.

Depending on how many points you are thinking about in terms of a small contract, you may consider purchasing them direct to retain your current benefits. I supposed you can just keep your larger contract and rent out what you don't use on a regular basis instead of trying to "downsize."

LAX

 

[Dean]

If I bought a small contract (re-sale) and sold my large one shortly afterwards, would I lose some of my original benefits? I originally bought in via re-sale a number of years ago and I understand that current re-sale purchases don't include many of the member benefits.

Yes you'd lose out unless you retain qualified points. If the perks benefit you maybe just renting out the extras would be the best option for now. Otherwise a smaller resale purchase plus a retail add on might work but the per point price would be considerable higher, likely a good $10-20 a point more depending on specifics, possibly even more than that.

 

[supersnoop]

Nobody here knows how well DVC is tracking it. With everything we do know about Disney IT, I'd say you have a 50/50 chance of retaining benefits.

 

[ACJT]

That's what I was afraid of. While I have and do rent points I look at the number I own vs what I need. Essentially I own 300 more points than what our family needs now. That's a lot of money tied up that I could use other place now. As for perks, the discounted ap's are considerable value for us still.

Is there a minimum amount of points required when purchasing a direct add on?

 

[Cyberc1978]

Is there a minimum amount of points required when purchasing a direct add on?

Yes when buying a direct add on you may buy as little as 25points.

 

[ACJT]

Yes when buying a direct add on you may buy as little as 25points.

So a direct add on of 25 points could be purchased and then sell off the original larger contract? Or. Are the add on points combined into the existing larger contract, and not separable ?

 

[Cyberc1978]

So a direct add on of 25 points could be purchased and then sell off the original larger contract? Or. Are the add on points combined into the existing larger contract, and not separable ?

The two contracts are two separate contracts and could both be sold separately. If the add on is for the same resort and UY the points can be combined at 11 months. If the resorts are different but the UY are the same you can pool the points at 7 months. If both UY and resorts are different you can't pool the points but need to make separate reservations.

 

[Dean]

So a direct add on of 25 points could be purchased and then sell off the original larger contract? Or. Are the add on points combined into the existing larger contract, and not separable ?

Historically yes but with caveats and there's no guarantee they will be combined. And they have to be titled identically for it to even be possible. If my goal was to sell everything, buy less resale and end up with access to the perks, I'd do the retail add on after the resale purchase. Likely the best way from a process standpoint is to keep the old points, buy the resale, do the add on then sell the old contract. I wouldn't do the 25 pt add on prior to the resale purchase because it might not end up being combined and it severely limits the resale purchase options. Do you have one single large contract of 400-500 points or so? For sake of discussion if I owned 400 and only needed 100 but wanted the perks, I'd likely just keep and rent unless it were OKW 2057 points or it were a high demand option like VGF or VGC and I wanted something much cheaper per point anyway like SSR or AKV. But in part it would depend on what I was going to do with the other funds. Remember that by swapping out one is losing part of the value. And depending on how many I wanted to end up with, simply doing a retail purchase to get everything might be a reasonable option.

For sake of discussion just to use round numbers, let's assume the resale would bring $100 a point on 400 and the replacement would end up costing $150 pp on 100 (75 resale, 25 direct). So sales of $40K, purchase of $15K with gross proceeds of $25K but actual proceeds more in the $19K range to do sales commissions, closings, extra fees in the trade out and possible lost points (stripped contracts) between the sold and bought contacts.

For me personally I've gone through a similar thought process. We did an add on a number of years ago for 100 points due to a special at the time but actually 4*25 points. Our plan was to sell all but 25 (BWV larger and 75 of the smaller) since most of our stays are with exchanges but we haven't actually pulled the trigger because we can rent and we retain options though risks/costs as well.

 

[TheGecko]

Well if you already have the new Blue membership card you should be good for 5 years until it expires for in person perks. As was said maybe your online use of certain perks would be removed but no one here can give you that answer. It is all speculation.