I may only buy direct from now on

[tidefan]

For those making future resale purchases...
I believe, the inconvenience of only have a few resort to choice from will get old.

Not sure about that. Even after 2042 you'd still have your choice of:

OKW, SSR, CCV, BLT, VGC (if you could get it), PVB1, VGF, AKV, and Aulani. Plenty for me. For others, may be different (and for the record, all of our contracts are direct...)

 

[Robbie Cottam]

Not sure about that. Even after 2042 you'd still have your choice of:

OKW, SSR, CCV, BLT, VGC (if you could get it), PVB1, VGF, AKV, and Aulani. Plenty for me. For others, may be different (and for the record, all of our contracts are direct...)

Smaller pie
With a lot more bites ….
But like you said not sure….

 

[DanCali]

In short, I basically paid the same, or even less, on my direct contract vs resale (given the current incentives). I’d GLADLY pay up to $3k more buying direct vs resale just for the magical experience not to mention the blue card benefits.

I just might’ve shifted into a “Only buy direct” consumer which I never thought I’d be. Just my .02 for anyone who might be on the fence like I was. I’m so TOTALLY EXCITED to own a direct VGF contract now. My goodness I feel like a kid on Christmas morning!! Literally giddy seeing my new Blue Card in my account

Sure, the convenience of buying direct is fatastic. We bought AKV and VGF direct as well with great incentives and the MB promos. But VGF may be the last time it's "up to $3K more for buying direct".

Riviera direct is in the 170s if you buy 150 points. Resale is in the $120s. That's about a $7500 difference on 150 points. And what if Riviera resale drops to sub $100 once supply increases more (I don't see those resale listings flying off the market in the $120s)? Would that make you think about it differently? Would you pay a 100% premium to buy direct, especially if you already have the blue card benefits and can book the new resorts at 7 months out?

Pretty soon there will be the opportunity to buy Poly2 direct. And when they start selling it you won't have Poly2 resales to compare it to. But if it has the same resale restrictions, I believe odds are pretty good that Poly2 resale prices will eventually follow the Riviera path. Are you ok with losing 30%-40% in a matter of 3-4 years on an asset that's meant to depreciate to zero over 50 years?

 

[tidefan]

Smaller pie
With a lot more bites ….
But like you said not sure….

Why more bites? At that point all owners from OKW (non-extended), BRV, BCV, and BWV are no longer competing for those rooms.

 

[Robbie Cottam]

Why more bites? At that point all owners from OKW (non-extended), BRV, BCV, and BWV are no longer competing for those rooms.

moving forward every resale contract will be restricted to the OG 14 and will not have access to the new hotels,

Where the direct purchase will still have access to the OG 14, more new direct points
More bites
Smaller pie

 

[Brob2132]

Just a fly on the wall, but it feels like there are a lot of folks ready to tell you the direct benefits aren’t worth it. Seems to be some envy at play?!?

Totally worth it for our family. Don’t want the restrictions (that will increase as my life continues) and my hunch is that Disney continues to differentiate between direct and resale. Glad that OP discovered direct works better for his/her situation.

 

[tidefan]

moving forward every resale contract will be restricted to the OG 14 and will not have access to the new hotels,

Where the direct purchase will still have access to the OG 14, more new direct points
More bites
Smaller pie

While that is true, so is the opposite. Those that purchase resale at new properties will not have access to the OG14. The question will be if that balances out...

I do think that there will probably be more competition for the what will be OG9 at that point as they will be much more point chart friendly than what is probably coming down the pike...

It will be fascinating to see it all play out.

 

[AstroBlasters]

Sure, the convenience of buying direct is always great. We bought AKV and VGF direct as well with great incentives and the MB promos.. But VGF may be the last time it's "up to $3K more for buying direct".

Riviera direct is in the 170s if you buy 150 points. Resale is in the $120s. That's about a $7500 difference on 150 points. And what if Riviera resale drops to sub $100 once supply increases more (I don't see those resale listings flying off the market in the $120s)? Would that make you think about it differently? Would you pay a 100% premium to buy direct, especially if you already have the blue card benefits and can book the new resorts at 7 months out?

Lots of people here waiting to buy Poly2 direct. And when they start selling it you won't have Poly2 resales to compare it to. But I believe odds are pretty good it will follow the Riviera path. Are you ok with losing 30%-40% in a matter of 3-4 years on an asset that's meant to depreciate to zero over 50 years?

80% of my points are resale, but I paid $188 for 200 AUL direct points in Jan 2023 that had full 2022 points included when I could have easily gotten resale for $100pp. However, I needed them immediately because another resale contract fell through after passing ROFR and it would have cost me at least $20 a point to rent the points, so that puts the delta at $68pp

$68 x 200 is $13,600. $13,600/38 remaining years is $358 a year. I will easily get back $358 a year in value with the 10% DVC-Y food/merch discounts (especially given that food and merch will continue to go up with inflation). I also put them on the Disney Visa and got 0% financing for 6 months and the reward points.

I have also already used some of those direct points for 2024 to book a 1BD at VDH the last week of Jan when it is still decorated for Christmas in the park. That could not have been done with resale and what is the rate on 1BDs at VDH (hotel or DVC)… at least $1k/night… and unlike hotel rooms/studios those aren’t ever discounted…

So, I am very happy to have a pool of direct points and DVC-Y benefits in addition to my resale points. Did they depreciate 47% the day after I purchased them? Yes. Does that impact me in the slightest if I keep and use them at AUL/VDH/WDW for the foreseeable future? No.

Again, I am 80% resale… which is why I think Hybrid is a great way to go.

 

[Robbie Cottam]

I want to do a grand villa every year for thanksgiving at BLT….

There is currently a 750 point contract

While that is true, so is the opposite. Those that purchase resale at new properties will not have access to the OG14. The question will be if that balances out...

I do think that there will probably be more competition for the what will be OG9 at that point as they will be much more point chart friendly than what is probably coming down the pike...

It will be fascinating to see it all play out.

Yes, but I think you’re missing the scale of new direct points vs new resale….

But it is not going effect me, so I may not notice it

 

[tidefan]

I want to do a grand villa every year for thanksgiving at BLT….

There is currently a 750 point contract

Yes, but I think you’re missing the scale of new direct points vs new resale….

But it is not going effect me, so I may not notice it

Not sure I follow about scale, unless you are implying that there will be much less resale at restricted resorts than what is currently happening.

 

[disneylandtour]

Just a fly on the wall, but it feels like there are a lot of folks ready to tell you the direct benefits aren’t worth it. Seems to be some envy at play?!?

Totally worth it for our family. Don’t want the restrictions (that will increase as my life continues) and my hunch is that Disney continues to differentiate between direct and resale. Glad that OP discovered direct works better for his/her situation.

The OP appears to have ownership at three resorts. So I take it that this new contract at VGF is for the convenience of quick closing, etc. I can easily see value in getting 150 pts for a blue card. I might quibble about the value of that card compared to its cost at some resorts, but I see the value. Beyond the current deals at VGF--which are substantial--if you already have a blue card, to buy direct for convenience is a high dollar amount decision at most DVC resorts presently. For me, I'd rather have twice as many points buying resale at, say, SSR or AKV, than to have half as many buying direct for roughly the same price, even if it takes a while for that purchase to close. But to each their own.

 

[disneylandtour]

Not sure I follow about scale, unless you are implying that there will be much less resale at restricted resorts than what is currently happening.

I'm guessing he's talking about how larger contracts on resale are often significantly less expensive than smaller contracts.

 

[Robbie Cottam]

Not sure I follow about scale, unless you are implying that there will be much less resale at restricted resorts than what is currently happening.

Every time Disney sells a new property it 4 to 8 million points . If 50 percent of those points remain with direct buyers, that’s a lot of people with access to those 14 then 9 resorts

 

[Brian Noble]

I find most of resale to be overpriced, but especially the riviera contracts.

By definition, they are not overpriced, because they are selling.

Yes, they are probably selling for less than list, but not that much less.

 

[Brian Noble]

Just a fly on the wall, but it feels like there are a lot of folks ready to tell you the direct benefits aren’t worth it. Seems to be some envy at play?!?

If someone only bought resale, it is precisely because direct benefits were not worth it to them.

It's not envy, it's just a different valuation.

 

[Robbie Cottam]

If someone only bought resale, it is precisely because direct benefits were not worth it to them.

It's not envy, it's just a different valuation.

To paraphrase “YE” people don’t drive Rav 4 because they want to….

 

[Brob2132]

If someone only bought resale, it is precisely because direct benefits were not worth it to them.

It's not envy, it's just a different valuation.

It feels like on a majority of direct sale posts (whether speed, discount, restrictions, etc) ,there’s a slew of commenters waiting to talk about why resale offers better value. I’ll leave you to decipher why that is, but that’s not the case for us.

Maybe I’ll start going into all the resale threads and trying to convince everyone to buy direct.

 

[Sandisw]

Sandi, I'd say that this is also dependent. If you already have enough direct points, adding on via resale won't really matter as you'd already have access with other points to anything that was restricted.

This is such a personal situation dependent matter. For instance, we have 5 direct contracts, so we're pretty much set with anything coming down the road, that said, we stayed at RIV once (a friend invited us to stay with them in the GV) and while it's nice enough, I just don't see the need to stay there that much (not sure why, just isn't my thing) and the TAT not only put us off on buying VDH, it's pushed us into just continuing to stay offsite (which is so much easier at DL).

However, that's just us. We are all different and have different situations, so the new resorts will make a big difference to certain people.

Except I did own restricted points with plenty of direct and it was frustrating.

Things changed in term of dates and needing to rearrange a trip. Only points that could make it work at the time were BLT that could not be used at RIV. So we ended up having to stay elsewhere.

So, for us, having them eas not worth it and so we sold and bought RIV resale, which are also restricted but at the place we want to be.

Everyone has to make their own choices but for someone who wants to not have to worry, it’s direct from now on.

But, we have our favorites which are VGF and RIV. So owning points there as well as potential new resort that might give us enjoyment is more important in the long run than any potential savings now.

And, our adult kids want those options as well so it makes no sense owning points that are restricted.

 

[Sandisw]

Not sure about that. Even after 2042 you'd still have your choice of:

OKW, SSR, CCV, BLT, VGC (if you could get it), PVB1, VGF, AKV, and Aulani. Plenty for me. For others, may be different (and for the record, all of our contracts are direct...)

Let’s take out the non WDW resort for a second.

That leaves pretty much MK area resorts. The big question will be how many owners left in the system at those popular resorts will be trading to the big three against those who own at the big three and want a near park resort?

It’s a big unknown. Now, plenty of owners who are fine staying put but I still think that demand in 2043, assuming restrictions stay as a part of the product, is going to be different and what might be easier now just becomes harder.

 

[Sandisw]

Why more bites? At that point all owners from OKW (non-extended), BRV, BCV, and BWV are no longer competing for those rooms.

Those points are gone but so are the rooms that go with them. And those resorts are popular for those wanting to trade.

But direct buyers still have access so the more direct that are buying now, start to add back to the pot for competition, won’t it?

And the amount of direct points that are sold will dwarf the resale points at resorts at RIV that are restricted to just one resort.

So, it will take a very long time to see that level of impact and by then, you will see something like SSR leave the system and come back potentially out of the mix for resale buyers.

And, as someone pointed out, CCV becomes restricted when it’s the last one left without them…