DVC point balancing 2022 vs 2021

[kes601]

It is my understanding that if you purchase directly from DVC, then you can use your points anywhere, but when you resell your contract, if you ever do, then the new buyer can only use the points at the home resort. This restriction, lowers the value of the points in the resale market, but interestingly, if you have a contract without the new restriction, then the value of that contract should go up, all other things being equal. If you purchase an old contract on the resale market, then the contract is not restricted and you can use the points at any location.

That is only correct for Riviera contracts. Resale contracts for any of the other 14 resorts can stay at any of those 14 resorts, just not Riviera.

 

[T-i-double-guh-er]

If you purchase an old contract on the resale market, then the contract is not restricted and you can use the points at any location.

Older contracts are not "grandfathered" when they are resold. Any contract resold today will be subject to the current rules, regardless of when it was originally purchased. Resale for any current resort besides Riviera can still be used at any other current resort besides Riviera.

 

[JRWJR]

This is interesting. I was speaking of new contracts purchased direct from Disney, such as Copper Creek or Alani.

 

[Sandisw]

This is interesting. I was speaking of new contracts purchased direct from Disney, such as Copper Creek or Alani.

If someone buys a direct contract at either one of those, then those points are eligible at all current resorts and any future resorts,

If one sells that contract, the resale buyer will be restricted to the L14 resorts,

Riviera is the only resort when sold on the resale market that can only be used it is own resort.

 

[KAT4DISNEY]

It is my understanding that if you purchase directly from DVC, then you can use your points anywhere, but when you resell your contract, if you ever do, then the new buyer can only use the points at the home resort. This restriction, lowers the value of the points in the resale market, but interestingly, if you have a contract without the new restriction, then the value of that contract should go up, all other things being equal. If you purchase an old contract on the resale market, then the contract is not restricted and you can use the points at any location.

That is only true with Riviera. Riviera resale means you're staying at Riviera. However at all other resorts the resale buyer can use the points at all resorts except Riviera.

 

[KAT4DISNEY]

This is interesting. I was speaking of new contracts purchased direct from Disney, such as Copper Creek or Alani.

If someone buys direct at Copper Creek or Aulani and then sells the contract so someone else that resale purchaser can use the Copper Creek points or Aulani points at any of the original 14 resorts. At this point that means the only resort they can't stay at would be Riviera. And same for all resorts except for Riviera.

 

[drusba]

All members of all DVC resorts can reserve any DVC Resort except as follows:

1. Any Riviera resale contract can be used to reserve only Riviera.

2. Any resale contract of any DVC Resort other than Riviera that was purchased on or after Jan 19, 2019, cannot be used to reserve Riviera.

Example: Member A has three resale contracts, one each at Aulani, CCV and BWV, all purchased before Jan 19, 2019, and one resale contract at BCV purchased on Jan 20, 2019. All points in those first three contracts can be used to reserve any DVC resort, including Riviera. The points in that BCV contract can be used to reserve any DVC resort other than Riviera.

 

[BWV Dreamin]

Where can I find an example of the revised points chart for 2022? I am in the process of adding on points at VGF. But I am still within my 10 day grace period. I need to know how my purchase will be impacted. TIA.

 

[KAT4DISNEY]

Where can I find an example of the revised points chart for 2022? I am in the process of adding on points at VGF. But I am still within my 10 day grace period. I need to know how my purchase will be impacted. TIA.

They are only a comment to a couple of people so far I believe.

 

[BWV Dreamin]

They are only a comment to a couple of people so far I believe.

Ok. Well here is hoping my new purchase is enough ....

 

[SL6827]

I was rolling when Pete mentioned if this BS by Disney will be a "new part" of the DVC tour.
I know of no other timeshare that I could have bought into and sold nine months and made a PROFIT! But these actions by Disney in the past few years have sealed the deal for me to never jump back into these waters. It is sad what DVC is becoming.

 

[Ruttangel]

https://twitter.com/x/status/1389212633388265473

Just wanted to say I really enjoyed the show and you captured the important points really well.

However, I was surprised you didn't touch on the fact that Disney has already responded to this publicly. It was in the DVC Magazine Spring 2021 - Volume 30 - Number 1, page 21.
The issue with this response is that it just talked about changing seasonal demand to assist member availability.
They had completely missed the main issue that overall points were being inflated.

This means they had all the facts, knew of the complaints but then published an article which was a complete waste of time
".......These annual reviews and strategic, periodic adjustments are part of our ongoing, multifaceted effort to help Members book the best possible vacations..."

They completely missed the fact that overall they had diluted the value of the points you own.
This is another level of incompetence to not even address the key issue in a publication going out to every member.

 

[New Mouse]

Just wanted to say I really enjoyed the show and you captured the important points really well.

However, I was surprised you didn't touch on the fact that Disney has already responded to this publicly. It was in the DVC Magazine Spring 2021 - Volume 30 - Number 1, page 21.
The issue with this response is that it just talked about changing seasonal demand to assist member availability.
They had completely missed the main issue that overall points were being inflated.

This means they had all the facts, knew of the complaints but then published an article which was a complete waste of time
".......These annual reviews and strategic, periodic adjustments are part of our ongoing, multifaceted effort to help Members book the best possible vacations..."

They completely missed the fact that overall they had diluted the value of the points you own.
This is another level of incompetence to not even address the key issue in a publication going out to every member.

They didnt miss anything, pr and marketing teams...specifically Disney...are in place to avoid/hide the facts when it comes to a negative story.

 

[bobbiwoz]

We listened to the podcast and hope DVC follows through with revised point charts.

 

[ABE4DISNEY]

I own.

I continue to buy.

But big business today is always about the bottom line, and you are kidding yourself if you don't believe this.

It is our job to keep our expectations high and the fire to their feet.

 

[Matty B13]

Where can I find an example of the revised points chart for 2022? I am in the process of adding on points at VGF. But I am still within my 10 day grace period. I need to know how my purchase will be impacted. TIA.

I don't think the revised 2022 point charts have been published yet, and they will only be for the 2nd half of 2022.

 

[hertamaniac]

I am not currently a DVC owner, but have been to the sales center and have a question. In the latest podcast, there was mention of the term "breakage". If I understand correctly, it is set number of points that each DVC resort has access to turn into a cash sale. The resort owners then get a credit/discount of up to 2% for those points that are subjected to breakage.

So if there will be a higher aggregate of points for each resort, does the breakage cap of 2% get increased? Is there a linear relationship between increasing a point offering with the breakage cap?

 

[Matty B13]

So if there will be a higher aggregate of points for each resort, does the breakage cap of 2% get increased? Is there a linear relationship between increasing a point offering with the breakage cap?

No, owners don't see any additional money if breakage increases, which why it is a huge deal when this happens. DVC has hit the breakage cap every year at every resort, so they are making a lot of money off of this policy which is why some people think they are doing this on purpose to create more revenue for DVC.

 

[CarolMN]

I am not currently a DVC owner, but have been to the sales center and have a question. In the latest podcast, there was mention of the term "breakage". If I understand correctly, it is set number of points that each DVC resort has access to turn into a cash sale. The resort owners then get a credit/discount of up to 2% for those points that are subjected to breakage.

So if there will be a higher aggregate of points for each resort, does the breakage cap of 2% get increased? Is there a linear relationship between increasing a point offering with the breakage cap?

DVCMC may rent an unreserved DVC villa to the general public for cash 60 days or less prior to the check in date. The proceeds of these rentals are called "breakage", and are used to offset member dues.

The amount of breakage income is capped at 2.5% of the resort's operating budget. (It's not 2.5% of the total proceeds of the rentals). The amount over the cap goes to BVTC & DVCMC. (The detailed explanation of how the breakage cap is determined and distributed may be found in a Resort's POS).

The cap has been exceeded every year. We do not know how much ends up back in DVCMC's pocket. But since the cap is always exceeded, any increase in breakage benefits Disney, not members.

 

[we"reofftoneverland]

Just wanted to say I really enjoyed the show and you captured the important points really well.

However, I was surprised you didn't touch on the fact that Disney has already responded to this publicly. It was in the DVC Magazine Spring 2021 - Volume 30 - Number 1, page 21.
The issue with this response is that it just talked about changing seasonal demand to assist member availability.
They had completely missed the main issue that overall points were being inflated.

This means they had all the facts, knew of the complaints but then published an article which was a complete waste of time
".......These annual reviews and strategic, periodic adjustments are part of our ongoing, multifaceted effort to help Members book the best possible vacations..."

They completely missed the fact that overall they had diluted the value of the points you own.
This is another level of incompetence to not even address the key issue in a publication going out to every member.

I saw that article too and I had trouble getting through it. I literally put it down mid-read because I was so disgusted by it. I knew it was an attempt to gaslight the membership. I hate the overuse of the reference gaslight but it really does fit this situation perfectly. I think DVC management actually saw that article as strategic which shows their incompetence. They really think members are cartoonish fools who will walk away after reading that article saying, “Oh, that makes sense, they are inflating point values for my own good. Thanks DVC management!”