How Is This Possible?

[Dean]

I do not think we know for sure that a 25 pt contract will qualify as a direct member. It may take the full 100 points to be considered for full membership. It will be a while before this will be tested. Has DVD given a statement pertaining to this?

We don't know. Short term I'm certain it'll be an option, long term it may not be. And like this change, it could happen while one is in process. Personally I think it's worth the risk and do not believe that the perks are a good reason to buy resale if there's significant savings to be had.

 

[Ohana2011]

Rumor has it that they will sell you a 25 point contract, even as a new member and even though it's against their rules.

My advice: call your guide and ask to buy a 25 point Poly contract today. That will make you a member and you can log in, check dates, and play with the system while you search and buy your BWV resale contract.

My guess is, if you hold firm, they'll sell you that 25 point Poly contract.

Also. I would guess that they'd only bend the rule for a new resort. I would also guess that they'll try to stick with 50 point minimum for new owner.

I would pull a salesman typical trick on them, this offer is only good for today, I'm willing to buy 25 Poly points right now. Not 50. 25. Tell them partially why: I'm think of buying more and want to test drive the system first. You don't have to mention resale.

I've been told the 25 pt contract is a cash deal - no financing.

 

[ziravan]

And I would like to point out one of the effects of the new resale policy, right here. My advice on this forum has generally been very pro-DVC.

Sure I believe in the resale market, but there are also good reasons to buy direct. It's why I'm both a resale and direct owner.

But. While the advice I gave in my prior post here is sound advice, it's also much more inclined towards gaming the system than the kind of advice I gave before. Sadly, that's a direct result of the policy change.

 

[_auroraborealis_]

Personally I think it's worth the risk and do not believe that the perks are a good reason to buy resale if there's significant savings to be had.

The perks, per contract, can be revoked for ALL "members" at any time. Don't drink too much Kool-Aid. You're buying a timeshare. This is why Dean says the perks aren't a good reason to buy direct, even if they'll sell you the resort you really want.

...and $160/point for a 2042 resort is pretty ridic.

 

[Dean]

I've been told the 25 pt contract is a cash deal - no financing.

This has been so all along. I'm not aware of an exception where one bought ONLY 25 points and was able to finance. I am aware of situations where people bought 50 divided up into 2*25 and was able to finance.

And I would like to point out one of the effects of the new resale policy, right here. My advice on this forum has generally been very pro-DVC.

Sure I believe in the resale market, but there are also good reasons to buy direct. It's why I'm both a resale and direct owner.

But. While the advice I gave in my prior post here is sound advice, it's also much more inclined towards gaming the system than the kind of advice I gave before. Sadly, that's a direct result of the policy change.

They set the rules then we figure out how to play by them. They gain a retail purchase and if they increase the minimum, likely even more retail dollars. Even with the changes I think buying retail is still a specialty purchase of small points numbers, where there isn't a lot of savings to be had, the options (resort, etc) isn't available resale but is retail and for new/high end where one will stay at that resort most of the time. I can't see a specific situation where a full sized purchase is reasonable related to the perks alone.

 

[malba2366]

I spoke to a guide last week and spoke to him about buying a 25 point contract and that I was also looking resale. He was willing to put me on the waitlist now and sell me 25 after the resale closed. I declined for now and told him I would call back later.

 

[Ohana2011]

Dean: What would be the benefit of purchasing 2 x 25 point contracts as mentioned (for 50 pt min to finance) other than to have 2 different home resorts? Curious...

 

[bwvBound]

Dean: What would be the benefit of purchasing 2 x 25 point contracts as mentioned (for 50 pt min to finance) other than to have 2 different home resorts? Curious...

Two frequently cited reasons:

1. Ability to pass the accounts down to two children.
2. Ability to downsize in the future by selling one account and retaining the other for the perks (although it won't secure many nights of actual use).

 

[Ohana2011]

Two frequently cited reasons:

1. Ability to pass the accounts down to two children.
2. Ability to downsize in the future by selling one account and retaining the other for the perks (although it won't secure many nights of actual use).

Thank you, bwvBound.

 

[Dan1]

Check this out:

Understanding Use Year

This was great!

Thank you very much

 

[alisonslp]

regarding the booking windows: Unless the small contract is at the same resort as your regular contract, it is not very useful since you won't have the benefit of using it for book at 11 mths, right? And while you can book on the small contract at 11 mths, you can't use your larger contract points to book because it's a different resort. The only way this works is if you like staying at two different resorts during your vacation. But still, a 25pt contract will get you only a studio for a night or 2, depending on the season.

 

[disneynutz]

DVD can change the minimum purchase for new buyers or add-ons at any time, they have changed before. IMO they will be changing it soon, why sell 25 or 50 point contracts when you can sell 100's.

Bill

 

[msjprincess]

I have 2 small contracts at 2 different resorts. But I normally travel when it's not too busy. I'm not picky about where I stay, so I'm fine booking at 7 months. And if I do book at 11 months and get stuck having to switch resorts mid stay it wouldn't be the end of the world for me. But I understand that doesn't work for everyone.

 

[ziravan]

regarding the booking windows: Unless the small contract is at the same resort as your regular contract, it is not very useful since you won't have the benefit of using it for book at 11 mths, right? And while you can book on the small contract at 11 mths, you can't use your larger contract points to book because it's a different resort. The only way this works is if you like staying at two different resorts during your vacation. But still, a 25pt contract will get you only a studio for a night or 2, depending on the season.

Let's say you want 150 pts at BWV but you want to actually be a member instead of a 2nd class purchaser:

BWV 150 pts at current resale rate of $105 or so is $15,750.

Retail: 150 x 140 = $21,000.

Resale would be $5,250 cheaper.

25 point Poly contract at $168: $4200.

So. It's cheaper (by $1025) to have 175 points, 150 at BWV and 25 at Poly than to have just 150 direct at BWV.

The Poly contract is a bonus. So is the extra grand in savings.

 

[crisi]

I do not think we know for sure that a 25 pt contract will qualify as a direct member. It may take the full 100 points to be considered for full membership. It will be a while before this will be tested. Has DVD given a statement pertaining to this?

And if it does today, its something Disney can tier at any time.

 

[disneynutz]

I have 2 small contracts at 2 different resorts. But I normally travel when it's not too busy. I'm not picky about where I stay, so I'm fine booking at 7 months. And if I do book at 11 months and get stuck having to switch resorts mid stay it wouldn't be the end of the world for me. But I understand that doesn't work for everyone.

We started that way but after a few years we preferred certain resorts and now spend more time at the resorts and less time in the parks.

Bill

 

[msjprincess]

We started that way but after a few years we preferred certain resorts and now spend more time at the resorts and less time in the parks.

Bill

We actually spend a lot of time at the resort. I like doing 1/2 days in the park and having some days where we don't go to the parks at all. But I'm fine with any of the resorts. I've been traveling to WDW regularly for over 20 years. I do have my favorites, but there aren't any that I would be disappoint me. I own at OKW and SSR and I'm fine with staying at either. I prefer SSR for location and pools but I like OKW because the 1 bedrooms are roomier and have beds for 5.

 

[ziravan]

Let's say you want 150 pts at BWV but you want to actually be a member instead of a 2nd class purchaser:

BWV 150 pts at current resale rate of $105 or so is $15,750.

Retail: 150 x 140 = $21,000.

Resale would be $5,250 cheaper.

25 point Poly contract at $168: $4200.

So. It's cheaper (by $1025) to have 175 points, 150 at BWV and 25 at Poly than to have just 150 direct at BWV.

The Poly contract is a bonus. So is the extra grand in savings.

Or.

You could blow off the perks and membership and just buy 150 BWV points resale and save 5 grand...

Of the 3 options, just resale, combo, or direct: direct is STILL the worst option.

 

[wdrl]

Rumor has it that they will sell you a 25 point contract, even as a new member and even though it's against their rules.

It might be a rumor, but there is no evidence to support that it is actually happening in real life. In the last few months, there has been one instance where someone bought a master contract -- meaning it was a new DVC member account -- with only 25 points. However, that person actually bought 50 points on the same day and split it into two 25 point deeds.

DVD continues to sell 25 point deeds. Ninety-seven 25-point deeds were sold for the WDW resorts since February 1st. Every one, except the one mentioned above, was an add-on deed for an existing member.

 

[ziravan]

It might be a rumor, but there is no evidence to support that it is actually happening in real life. In the last few months, there has been one instance where someone bought a master contract -- meaning it was a new DVC member account -- with only 25 points. However, that person actually bought 50 points on the same day and split it into two 25 point deeds.

DVD continues to sell 25 point deeds. Ninety-seven 25-point deeds were sold for the WDW resorts since February 1st. Every one, except the one mentioned above, was an add-on deed for an existing member.

Even so. If that trick doesn't work, reverse the order. Buy resale first then add on. Until DVD amends what it will take to be a member, that should work as well.

And if it doesn't, then 50 points at BWV direct should work.

50 direct at 140 plus 100 resale at 105 is 17,500, still $3500 cheaper than 150 direct.

DVC would have a hard time denying a direct member perks because they didn't buy enough points. (It's hard to have a selling point -PERKS!- that you have to add verbal disclaimers to - *not avail for contracts under x points.) So. I have a hard time believing DVC will set the bar above 50. If the bar is higher than 50 point minimum, it's a hard sell.

160 point minimums worked fine when points were $80 new. Not so much at twice that. At the end of the day, DVC is trying to SELL points. They can't make a barrier to entry high enough to hurt that goal.