Late spring 2025 incentives (April 29-July 14)

[VGCgroupie]

Do resale owners count as existing ?

Yep!

 

[tx911]

Do resale owners count as existing ?

I know you were referring to another post, but that reads really funny

 

[Disneydad14]

This is what I walked away from on the DCL Dream in May.

It is a great deal for sure!!

I wouldn’t say it’s a great deal becuse of rivieras trajectory on the resale market in such a short time. I think it has a real chance to be very low in the next 4-5 years also.

 

[airjay75]

I wouldn’t say it’s a great deal becuse of rivieras trajectory on the resale market in such a short time. I think it has a real chance to be very low in the next 4-5 years also.

Certainly, if you're buying based on resale values, RIV has the largest "drive off the lot" drop in value. If you're buying RIV points with the intention to keep for the long-term, that's a different story. If you're somewhere in the middle - not sure whether you'll keep until 2070 or possibly offload at some point, I think you can mitigate that risk by either (1) buying a FW RIV contract, or (2) ensuring you break your purchase into 50 point contracts. In my view, once RIV sells out, I think there is a good chance there will be existing RIV direct holders looking for small point additions and willing to pay a good amount for that (compared to what will likely be $250+ pp "sold out" RIV pricing).

I also think a lot of DVC members have completely ignored the ability to transfer DVC points into the Interval International exchange and, as more and more resorts have the same restrictions as RIV/CFW/VDH, there is likely to be some more focus on just what sort of residual value that option has.

 

[VGCgroupie]

Certainly, if you're buying based on resale values, RIV has the largest "drive off the lot" drop in value. If you're buying RIV points with the intention to keep for the long-term, that's a different story. If you're somewhere in the middle - not sure whether you'll keep until 2070 or possibly offload at some point, I think you can mitigate that risk by either (1) buying a FW RIV contract, or (2) ensuring you break your purchase into 50 point contracts. In my view, once RIV sells out, I think there is a good chance there will be existing RIV direct holders looking for small point additions and willing to pay a good amount for that (compared to what will likely be $250+ pp "sold out" RIV pricing).

I also think a lot of DVC members have completely ignored the ability to transfer DVC points into the Interval International exchange and, as more and more resorts have the same restrictions as RIV/CFW/VDH, there is likely to be some more focus on just what sort of residual value that option has.

You are new to the boards but you constantly impress me with your knowledge like an OG.

 

[Disneydad14]

Certainly, if you're buying based on resale values, RIV has the largest "drive off the lot" drop in value. If you're buying RIV points with the intention to keep for the long-term, that's a different story. If you're somewhere in the middle - not sure whether you'll keep until 2070 or possibly offload at some point, I think you can mitigate that risk by either (1) buying a FW RIV contract, or (2) ensuring you break your purchase into 50 point contracts. In my view, once RIV sells out, I think there is a good chance there will be existing RIV direct holders looking for small point additions and willing to pay a good amount for that (compared to what will likely be $250+ pp "sold out" RIV pricing).

I also think a lot of DVC members have completely ignored the ability to transfer DVC points into the Interval International exchange and, as more and more resorts have the same restrictions as RIV/CFW/VDH, there is likely to be some more focus on just what sort of residual value that option has.

How many people can reasonable say though they will be attending Disney till 2070? I don’t plan on leaving my houses anytime soon but I wouldn’t buy it knowing that it’s really worth half of the value in case I needed to get rid of it quickly. It’s similar to a car but a car is a necessity and doesn’t depreciate as fast and even that being said for the same reason a used car makes sense . I don’t like low point contracts bc then you end up paying closing costs more for multiple contracts .

I will be the first person in line to buy LL if it doesn’t have resale restrictions knowing I’m paying a premium of like 30 percent but wanting the benefits . Riviera and the others are a bridge to far

 

[airjay75]

How many people can reasonable say though they will be attending Disney till 2070? I don’t plan on leaving my houses anytime soon but I wouldn’t buy it knowing that it’s really worth half of the value in case I needed to get rid of it quickly. It’s similar to a car but a car is a necessity and doesn’t depreciate as fast and even that being said for the same reason a used car makes sense . I don’t like low point contracts bc then you end up paying closing costs more for multiple contracts .

I will be the first person in line to buy LL if it doesn’t have resale restrictions knowing I’m paying a premium of like 30 percent but wanting the benefits . Riviera and the others are a bridge to far

I totally understand where you're coming from. I think, as more and more people accept that the resale restrictions are here to stay, perspectives and strategies are going to change. I'm doing my best to predict how that might happen (in large part, because I love RIV, own my points there, and likely plan to buy more!) For some, DVC may no longer present the value it once did. For others, they'll embrace (either by choice or by necessity), that the product has changed. We'll see where things go. But, current RIV incentives can be quite attractive to the right buyer. For those looking to buy and sell within a relatively short amount of time, probably not so much.

 

[airjay75]

You are new to the boards but you constantly impress me with your knowledge like an OG.

I view this as quite high praise coming from you! I wouldn't be where I am without reading many of your posts - you are an OG! Thank you, thank you!

 

[Disneydad14]

You are new to the boards but you constantly impress me with your knowledge like an OG.

I own

I totally understand where you're coming from. I think, as more and more people accept that the resale restrictions are here to stay, perspectives and strategies are going to change. I'm doing my best to predict how that might happen (in large part, because I love RIV, own my points there, and likely plan to buy more!) For some, DVC may no longer present the value it once did. For others, they'll embrace (either by choice or by necessity), that the product has changed. We'll see where things go. But, current RIV incentives can be quite attractive to the right buyer. For those looking to buy and sell within a relatively short amount of time, probably not so much.

i hope it works out for you but the data suggest the average person holds for 5-8 years . I really hate the resale restrictions.

I totally understand where you're coming from. I think, as more and more people accept that the resale restrictions are here to stay, perspectives and strategies are going to change. I'm doing my best to predict how that might happen (in large part, because I love RIV, own my points there, and likely plan to buy more!) For some, DVC may no longer present the value it once did. For others, they'll embrace (either by choice or by necessity), that the product has changed. We'll see where things go. But, current RIV incentives can be quite attractive to the right buyer. For those looking to buy and sell within a relatively short amount of time, probably not so much.

i think most people hold for 5-8 years . I hope it works out for you. I wish there was a coordinating effort using these boards to boycott anything resale restricted. Dvc relies on add on sales from current members so 6 months of a coordinated boycott and they would have reversed course.

 

[Sandisw]

I wouldn’t say it’s a great deal becuse of rivieras trajectory on the resale market in such a short time. I think it has a real chance to be very low in the next 4-5 years also.

Resale value doesn’t matter to me and IMO, no one should consider resale value when deciding what to purchase.

So $183/pt for RIV direct is what I consider a great deal.

The value is in using them and not what I have to sell them for some day. Anyting I get back if I sell, is a bonus.

 

[Disneydad14]

Resale value doesn’t matter to me and IMO, no one should consider resale value when deciding what to purchase.

So $183/pt for RIV direct is what I consider a great deal.

I guess it would matter your financial situation . If 28k with a ongoing commitment that will exceed that many times over is nothing to you then yes you can ignore resale.

At some level I agree because this is a luxury purchase and you really shouldn’t be purchasing at all if this is a big financial commitment . But 28k with an ongoing sizable financial commitment without an exit strategy is worth thinking about .

 

[Disneydad14]

I guess it would matter your financial situation . If 28k with a ongoing commitment that will exceed that many times over is nothing to you then yes you can ignore resale.

At some level I agree because this is a luxury purchase and you really shouldn’t be purchasing at all if this is a big financial commitment . But 28k with an ongoing sizable financial commitment without an exit strategy is worth thinking about .

Especially if you finance which I wouldn’t reccomend and you end up upside down on the loan. This is how people go bankrupt snd the spiritual snd physiological toll of that is heavy

 

[Sandisw]

I guess it would matter your financial situation . If 28k with a ongoing commitment that will exceed that many times over is nothing to you then yes you can ignore resale.

At some level I agree because this is a luxury purchase and you really shouldn’t be purchasing at all if this is a big financial commitment . But 28k with an ongoing sizable financial commitment without an exit strategy is worth thinking about .

No one knows what will happen with resale because there are too many variables that can happen.

I think anyone who buys needs to look at pros and cons of the commitment and make sure they know their own situation.

But, DVC is too expensive to not buy the resort that one wants to own if they have one.

Let’s be honest, any direct contract will lose value quickly and if someone has an emergency that forces them to sell within a few years, they probably have more important things going on than how much of their purchase they get back.

Obviously, some are not willing to risk restrictions but for many of us who own, those weren’t important enough to not buy.

And. I am not yet convinced that RIV will drop once it’s sold out. …I think it will stabilize around where it is today when the only option for those who want it as a home resort will be $250 plus direct or resale.

 

[airjay75]

I own

i hope it works out for you but the data suggest the average person holds for 5-8 years . I really hate the resale restrictions.

i think most people hold for 5-8 years . I hope it works out for you. I wish there was a coordinating effort using these boards to boycott anything resale restricted. Dvc relies on add on sales from current members so 6 months of a coordinated boycott and they would have reversed course.

You're completely right about average holding periods for DVC. Most people do exit after 5-8 years. And, I do wish Disney would do away with the resale restrictions, but I just don't think that is going to happen. DVD realized they were far outside the mainstream when it comes to timeshare resale restrictions, and they are slowly bringing the product back into that reality. RIV/CFW/VDH aren't going to be anomalies - they are the start of a new era. No choice but to accept that new reality IMO. Would be delighted to be wrong.

 

[SugarSweetLee]

You're completely right about average holding periods for DVC. Most people do exit after 5-8 years. And, I do wish Disney would do away with the resale restrictions, but I just don't think that is going to happen. DVD realized they were far outside the mainstream when it comes to timeshare resale restrictions, and they are slowly bringing the product back into that reality. RIV/CFW/VDH aren't going to be anomalies - they are the start of a new era. No choice but to accept that new reality IMO. Would be delighted to be wrong.

I think this conversation has been had before

That said, I think the figure is that most people WHO SELL sell after 5-8 years. I don't believe there are statistics on owners who bought in and never sold, or in differentiating sales by owners who own multiple contracts that they buy/sell to fit their wants and needs. Had we all of that data, I imagine the numbers might look a bit different.

 

[MerlinandtheMouse]

i hope it works out for you but the data suggest the average person holds for 5-8 years

You're completely right about average holding periods for DVC. Most people do exit after 5-8 years.

Just want to caveat this, since so many quote it, but it’s not fully accurate. Most people don’t actually exit after 7yrs, that number only reflects the average for those who have sold their contract. It’s not a comparison to the entirety of the membership and those who still own. I think the majority of owners hold much longer.

 

[Sprinkles&Sprints]

Just want to caveat this, since so many quote it, but it’s not fully accurate. Most people don’t actually exit after 7yrs, that number only reflects the average for those who have sold their contract. It’s not a comparison to the entirety of the membership and those who still own. I think the majority of owners hold much longer.

I also question how they’re defining ‘exiting’ - if they’re basing it purely on the sale of a contract, who’s to say those sellers don’t own another contract, or are selling to buy another?

Does anyone know the origin of the stat?

 

[atthebeachclub]

I think the majority of owners hold much longer

And with fifteen year loans available now…they probably will have to, or give it back to Disney, as they may be underwater for much longer!

 

[Disneydad14]

You're completely right about average holding periods for DVC. Most people do exit after 5-8 years. And, I do wish Disney would do away with the resale restrictions, but I just don't think that is going to happen. DVD realized they were far outside the mainstream when it comes to timeshare resale restrictions, and they are slowly bringing the product back into that reality. RIV/CFW/VDH aren't going to be anomalies - they are the start of a new era. No choice but to accept that new reality IMO. Would be delighted to be wrong.

Yeah but if no one bought they couldn’t. Never give a sucker a square deal

 

[Disneydad14]

Just want to caveat this, since so many quote it, but it’s not fully accurate. Most people don’t actually exit after 7yrs, that number only reflects the average for those who have sold their contract. It’s not a comparison to the entirety of the membership and those who still own. I think the majority of owners hold much longer.

I’m quoting Derek on dvc , I feel like he’s said that a bunch