Disney Vacation Club is doing a second iteration of
DVC resale restrictions on “incidental benefits”, which will be effective April 4, 2016. In summary, this change in incidental benefits states, “new purchasers of
Disney Vacation Club® ownership interests not purchased directly from Disney Vacation Development, Inc. will not have access to Membership Extras, including Member discounts on dining, shopping, Member-exclusive events, and certain special Membership offers, as well as Disney and Concierge Collection options, already restricted for secondary market purchasers as of March 21, 2011.” It is important to note that access to Top of the World Lounge at Bay Lake Tower (for a Member staying at WDW), pool hopping privileges and no nightly rental fee for DVDs will still be accessible to all members. In addition, core Disney Vacation Club Membership privileges such as Home Resort Priority and use of other Disney Vacation Club Resorts will remain unchanged. All DVC Members will still be able to book stays through RCI and Buena Vista Trading Company.
The main impact of this will be for any new Member joining DVC via resale on or after April 4, 2016 (and for those whose only contract is through resale and was not closed and recorded prior to 4/4/2016) as those Members who already have a contract purchased, closed and recorded prior to April 4, 2016 whether direct or resale will still be unaffected. However, will this negatively impact the value for all Members’ contracts? This answer really depends on whether the buying public believe this restriction on “incidental benefits” makes a difference, and if so, how much of a difference?
*This was in our letter that we received explaining the changes. Hopefully this helps.*