DVC Operator Amendments

[Tatebeck]

My wife and I both got the lights and welcome home voice almost every time when entering parks when we were resale only. Make sure your Disney vacation club is showing up under the MDE profile maybe?

 

[NY Pirate Princess]

I don't feel like a second class DVC owner. I bought points and can stay at OKW for a week every year through 2041 at generally the same price as CBR. I can currently book other resorts. I get to go to Disney World during my go go retirement years and hopefully watch my someday grandchild see the castle for the very first time.

Of course, the lounge in mk has me plotting direct points!

But I paid cash for my contract. It took a long time and some sacrifice to make it happen. I set aside money each paycheck for dues at the end of the year. It will be a stretch when I quit for good.

I am content with my second class DVC lifestyle. Love to dream and scheme for more, but grateful nonetheless.

I am not worried about the changes I expect to come. I bought to own to the end so selling doesn't concern me. Either I won't be allowed or won't be able to swap out of OKW in the last few years. That's okay with me.

Everything could change about DVC but I believe I will still be able to enjoy my home resort to the end. My investment was small and didn't damage my long term fiscal health.

I am a first class second cousin DVC owner!

 

[dontae]

I don't feel like a second class DVC owner. I bought points and can stay at OKW for a week every year through 2041 at generally the same price as CBR. I can currently book other resorts. I get to go to Disney World during my go go retirement years and hopefully watch my someday grandchild see the castle for the very first time.

Of course, the lounge in mk has me plotting direct points!

But I paid cash for my contract. It took a long time and some sacrifice to make it happen. I set aside money each paycheck for dues at the end of the year. It will be a stretch when I quit for good.

I am content with my second class DVC lifestyle. Love to dream and scheme for more, but grateful nonetheless.

I am not worried about the changes I expect to come. I bought to own to the end so selling doesn't concern me. Either I won't be allowed or won't be able to swap out of OKW in the last few years. That's okay with me.

Everything could change about DVC but I believe I will still be able to enjoy my home resort to the end. My investment was small and didn't damage my long term fiscal health.

I am a first class second cousin DVC owner!

That is great that you are able to find contentment. We should all be seeking the same. Philippians 4:11.

For me, I am extremely grateful for the opportunity my family has as a result of resale purchase. Would I like to have access to the lounges? Certainly. Can I afford that perk via purchase of a direct contract? Not likely

But my family does have access to much Disney has to offer through that resale contract. We find contentment with what we have and trust God to provide. Philippians 4: 19

God Bless you and your family.

 

[Caribbean_Chrissy]

Glad everyone is having a good debate on resale versus direct- but I feel like my original question hasn’t been answered.

Regardless of direct or resale DVC member, can Disney take away your ability to reserve at resorts other than your home resort after your contract is purchased? Or could they say, make it so direct members could reserve non home resorts at 7 mo but change resale members to say, 3 months?

I guess I just read the misc section of the rules and regulations as it is in their right to do anything of those things.

Thoughts?

 

[CarolynFH]

Glad everyone is having a good debate on resale versus direct- but I feel like my original question hasn’t been answered.

Regardless of direct or resale DVC member, can Disney take away your ability to reserve at resorts other than your home resort after your contract is purchased?

If an entire condominium association withdraws or is removed from the Buena Vista Trading Company (the in-house DVC exchange company), then no owner of that condo association will be able to use those points at another resort. There won't be any discrimination between owners. For instance (I AM NOT SAYING THEY WILL DO THIS), when 2042 gets closer, DVC could withdraw BWV from the BVTC. If that happened, none of the BWV owners could trade out of BWV into another DVC resort, and owners of other resorts couldn't trade in. That would allow BWV owners to use all their points before their resort expires.

Or could they say, make it so direct members could reserve non home resorts at 7 mo but change resale members to say, 3 months?

No, by Florida law they have to treat all owners the same. It's the condo association as a whole that has the right to make exchanges via BVTC - either all owners of a given condo association can use BVTC, or none can use it.

I guess I just read the misc section of the rules and regulations as it is in their right to do anything of those things.

Thoughts?

 

[Sandisw]

If an entire condominium association withdraws or is removed from the Buena Vista Trading Company (the in-house DVC exchange company), then no owner of that condo association will be able to use those points at another resort. There won't be any discrimination between owners. For instance (I AM NOT SAYING THEY WILL DO THIS), when 2042 gets closer, DVC could withdraw BWV from the BVTC. If that happened, none of the BWV owners could trade out of BWV into another DVC resort, and owners of other resorts couldn't trade in. That would allow BWV owners to use all their points before their resort expires.

No, by Florida law they have to treat all owners the same. It's the condo association as a whole that has the right to make exchanges via BVTC - either all owners of a given condo association can use BVTC, or none can use it.

They can have different rules for resale vs. direct when it comes to using BVTC...that is how we have the restricted resorts.

However, for booking windows, I agree those would be the same because the rules are based on the points that can trade and not what type...

 

[CarolynFH]

They can have different rules for resale vs. direct when it comes to using BVTC...that is how we have the restricted resorts.

Yes, but don’t those different rules have to be in effect when the person buys? OP is concerned about DVC taking away trading rights after they purchase. I don’t think that can happen.

 

[Sandisw]

Yes, but don’t those different rules have to be in effect when the person buys? OP is concerned about DVC taking away trading rights after they purchase. I don’t think that can happen.

There are certain things that BVTC can do to change things somewhat. There is language that would allow them to, for instance, add fees for trading into certain resorts, and things like that. So, in that sense, trading can be different.

However, as long as the resort they own is part of BVTC, then the rules of the DVC resort agreement stand, unless it was amended, and I am pretty sure that would take a vote of owners to make a big change to it.

Remember, though, that the restrictions that were put in place for RIV, VDH, and CFW specifically state that those can be changed, amended, etc. For example, they could very well make it so anyone who doesn't own there, even those grandfathered in, might have to pay a fee to trade points. Now, I am not sure if they can apply it just to resale or not...but my guess is that they could if DVD decided to waive the fee as part of a membership extras benefit.

 

[NY Pirate Princess]

I think it is a reasonable risk that as DVC continues to grow and change there will be changes that none of us will like. The contracts allow for a universe of flexibility within the program. Changes won't benefit everyone, just like DVC isn't for everyone.

I also don't think changes will be made for change's sake. Modifying current policy is a balancing act to keep the product attractive and healthy for them and us.

I was extremely risk averse with my contract purchase. I mitigated my risk with resort choice, use year, and point amount. Due to this, I am not overly concerned about any of the changes I expect to come prior to 2042.