DVC Direct prices

[Philsfan77]

150-199 pts = $8 off pp
200-299pts = $13 off pp
300-499pts = $18 off pp
500-999pts = $ 28 of pp
1000+ = $38 off pp

Is this good for all sold out resorts?

 

[CSLucas]

Is this good for all sold out resorts?

I got a BLT quote last week and the incentives were:
150-199: $5 off
200-299: $10
300-499: $15
500-99:: $25
1000+: $35

No incentives mentioned for GF, but we also only bought 60 pts so maybe there are some (although I assume not since there was a waitlist)

 

[CSLucas]

Yes. This is for SSR, Poly, BLT, BWV, and BCV. All the ones that say special offer next to them on the add-on tool part of the DVC site. I have attached the pricing sheet for SSR that my rep sent me that shows the breakdown of all the discounts. He didn't send me BWV or BCV cause I wasn't interested interested in those based on price vs time left on the deed

This isn't for all the resorts- at least not for BLT. The incentives for some are less- BLT is currently $5, $10, $15, $25, $35 (unless they changed in the last week)

 

[KeithSS]

Is this good for all sold out resorts?

No its only for the ones that say :special offer available, ask your guide". Currently those are SSR, POLY, BLT, BWV,& BCV

 

[Philsfan77]

Thank you guys for the quick clarification.

 

[Galun]

Someone said you get 20UY points as well. That seemed too good to be true? I have a dec UY. So you would get 2020 UY that’s still bankable till 7/31/21, and retroactively pay the 2021 maintenance fees which get new points on 12/1/2021. That seems like some extra points. I’ve never bought direct before so not sure how this works... but I asked a re to call me.

EDIT: rep called. I do indeed get 20 UY points. And maintenance fees 2021 prorated. So, SSR $165 pp. Minus $38 pp at 1000 points. Minus $15 pp if I rent out the 20UY points. Minus around 8 pp if I rent out the 21UY minus maintenance fees. Minus around $2 pp pro rated maintenance fee For 2021. Plus $4 pp in closing cost. Which comes down to $106pp. Use credit cards and get around 3% cash back. So maybe $103 pp at SSR direct which is useable at any future resorts Including RIV.

I mean, this is a really good deal. At current resale prices I can even make money immediately by stripping the contracts and flipping.

 

[KeithSS]

Someone said you get 20UY points as well. That seemed too good to be true? I have a dec UY. So you would get 2020 UY that’s still bankable till 7/31/21, and retroactively pay the 2021 maintenance fees which get new points on 12/1/2021. That seems like some extra points. I’ve never bought direct before so not sure how this works... but I asked a re to call me.

If it is before your use year, as June, Aug, Sept, Oct or Dec would be currently, then on a "current" for sale resort you do get the 2020 points and pay no MF on them. Then you would get the 2021 points when they are supposed to load in your use year month. So techincally you do get double points up front. On "sold out" resorts they will give you the 2020 points if they are available but they may have been already used by the previous owner before they were bought back in ROFR. So for example I have a Oct use year, so when I bought my 75 Riv points this week I got 75 2020 points and will get 75 2021 points in Oct. So I, starting out with 150 points basically. Also, if you are past the banking window for 2020 they will bank them for you as an exception so the 2020 points will get banked into 2021. Hope that makes sense lol

 

[Galun]

If it is before your use year, as June, Aug, Sept, Oct or Dec would be currently, then on a "current" for sale resort you do get the 2020 points and pay no MF on them. Then you would get the 2021 points when they are supposed to load in your use year month. So techincally you do get double points up front. On "sold out" resorts they will give you the 2020 points if they are available but they may have been already used by the previous owner before they were bought back in ROFR. So for example I have a Oct use year, so when I bought my 75 Riv points this week I got 75 2020 points and will get 75 2021 points in Oct. So I, starting out with 150 points basically. Also, if you are past the banking window for 2020 they will bank them for you as an exception so the 2020 points will get banked into 2021. Hope that makes sense lol

Absolutely, it does. Thanks!

 

[sethschroeder]

RIV has too many restrictions

RIV is the same as any other resort.

Restrictions only occur when you sell which will hit every other resort long term. In 10 years time the other Epcot resorts will start falling off the resale radar as people want longer contracts then in 20 years over 50% of the DVC resorts will have resale restrictions and the ability to move resorts likely will be hampered.

Today - resale restrictions hamper the price in comparison to other resorts
10 years - it starts to matter less
20 years - resale is buying where you want to stay unless you are flexible and want to stay at POLY/AKV/SSR/OKW (VGF/BLT are likely going to be very difficult to get with everyone who owns those other resale resorts trying to get in there).

 

[Galun]

RIV is the same as any other resort.

Restrictions only occur when you sell which will hit every other resort long term. In 10 years time the other Epcot resorts will start falling off the resale radar as people want longer contracts then in 20 years over 50% of the DVC resorts will have resale restrictions and the ability to move resorts likely will be hampered.

Today - resale restrictions hamper the price in comparison to other resorts
10 years - it starts to matter less
20 years - resale is buying where you want to stay unless you are flexible and want to stay at POLY/AKV/SSR/OKW (VGF/BLT are likely going to be very difficult to get with everyone who owns those other resale resorts trying to get in there).

It just occurred to me that I can buy SSR direct with this promotion, and sell my existing SSR contracts with the resale restrictions. At the very least, this is an excellent way to upgrade the contracts so they don’t have restrictions at future resorts.

For people who had sold a resale contract before - do the brokers send you a 1099 / is there any reporting of the sale to the IRS?

Thanks.

 

[sethschroeder]

It just occurred to me that I can buy SSR direct with this promotion, and sell my existing SSR contracts with the resale restrictions. At the very least, this is an excellent way to upgrade the contracts so they don’t have restrictions at future resorts.

For people who had sold a resale contract before - do the brokers send you a 1099 / is there any reporting of the sale to the IRS?

Thanks.

I don't think mine sent me the information but remember to jump through the hoops of actually figuring out the cost basis or whatever else applies to it.

 

[dropd]

It just occurred to me that I can buy SSR direct with this promotion, and sell my existing SSR contracts with the resale restrictions. At the very least, this is an excellent way to upgrade the contracts so they don’t have restrictions at future resorts.

For people who had sold a resale contract before - do the brokers send you a 1099 / is there any reporting of the sale to the IRS?

Thanks.

This is exactly what I'm contemplating doing right now - replacing my 100 point SSR contract with a 150 point direct SSR contract.

As for re-selling your resale contract, as with any other real estate transaction where you make a profit, you would be expected to pay taxes on that transaction.

 

[Galun]

I've contracts bought before 2019 and after 2019. Just to clarify my understanding of the current rules: resale contracts bought before the rule change in 2019 are grandfathered into booking the original 14 resorts and new ones going forward, resale contracts bought after rule change cannot?

Does anybody know how the mechanism works? I think it has something to do with the original 14 being grouped together as one development company.

Thanks!

 

[CastAStone]

I've contracts bought before 2019 and after 2019. Just to clarify my understanding of the current rules: resale contracts bought before the rule change in 2019 are grandfathered into booking the original 14 resorts and new ones going forward, resale contracts bought after rule change cannot?

Does anybody know how the mechanism works? I think it has something to do with the original 14 being grouped together as one development company.

Thanks!

You understand correctly.

The legal mechanism is that Riviera is loosely set up as its own DVC-2 organization.The literal mechanism is a flag on each contract in the DVC master database.

 

[Lee Matthews]

Disney giving you the points for 20 isn’t a bad deal if your going to bank them for the following year

do you have to pay MF on those?

Im already long term thinking about a blue card but 125 points minimum is a chunk.

so I guess with current discounts AKV would be $180. That’s about a 30% premium over resale.

Im trying to now figure out if I buy direct, how long would it take to break even on the annual passes. I could do 2 trips in one year for.

being from the UK, 2 week pass costs $624 each. $100 more gets an annual pass so it’s almost 50% saving if I make 2 trips a year.

 

[KeithSS]

Disney giving you the points for 20 isn’t a bad deal if your going to bank them for the following year

do you have to pay MF on those?

Im already long term thinking about a blue card but 125 points minimum is a chunk.

so I guess with current discounts AKV would be $180. That’s about a 30% premium over resale.

Im trying to now figure out if I buy direct, how long would it take to break even on the annual passes. I could do 2 trips in one year for.

being from the UK, 2 week pass costs $624 each. $100 more gets an annual pass so it’s almost 50% saving if I make 2 trips a year.

No you dont have to pay the MF on the 2020 points, and AKL doesnt have any discount on it at any point level. It's $186 pp no matter how many points you buy. Only SSR, Poly, BLT, BCV and BWV have the discounts for sold out resorts.

 

[CastAStone]

Disney isn’t giving you anything. If your UY month is after today, it’s still 2020 to you. They HAVE to give you the current points. If you buy a February UY they’re not going to throw in 2020 points out of kindness.

 

[kenyoncad]

Is this good for all sold out resorts?

I got a quote for CCV
100-124 $4 off
125-149 $8 off
150-199 $19 off
200-299 $26 off
300-499 $30 off
500-999 $35 off
1000-4000 $40 off

 

[jmurray2446]

SSR was $5 off a point if you purchase at least 150 points.

 

[momtwoboys]

anyone know what BRV goes for direct? will be looking for resale contract soon but was just wondering what direct was.