New BLT direct incentives!

[Redheadprincess]

If you were to buy direct, how much do you save on the annual pass being a direct owner(if/when they come back) compared to the full price of the pass? I'm currently waiting to see if DVC takes a contract we have in ROFR. If it gets ROFR, to us buying direct with the discount may be a decent option if we can recoup that difference over time in annual passes too.

The only AP a DVC owner can get at a discount is a sorcerers pass. Initially it is $899 + tax, I believe. Renewals are a 15% discount. You can compare that with the incredipass at $1299 plus tax - 15% discount. Add up number of years you think you might use it and for the number of people.

We are waiting on ROFR for our first contract. I already have been an AP holder out of state for several years. My husband does not come enough to justify an AP, I'll just keep renewing mine for the discounts, so buying direct has no advantages for us.

 

[Redheadprincess]

When I bought annual passes 5-10yrs ago, I didn't find the DVC discount to be much -- maybe 10-20% at most? $200 per pass at most? There was one year they offered the platinum pass at a lower rate than usual, but that happened only once in my memory. I was disappointed when the discount wasn't offered again, but to me it reinforces the fact that direct discounts like this are limited in value and not guaranteed. Not comparable to guaranteed savings through resale.

On the other hand, I am salty because I just got ROFR'd on 3 out of 4 resale bids. I either know how to pick 'em, or I really don't

Do you mind sharing which ones got taken versus passed.

 

[HIRyeDVC]

Yes all those new resorts like Disneyland Tower and..........

Missed your comment. I agree. But I think Disney is in the long game.

 

[Sandisw]

Isn’t 30% off of $40,000 like $12,000? Honey, you may be swimmin’ in it, but that’s nothing to sneeze at in my house. I hear the “Over life of ownership,” yadda, yadda, but I’d take $12,000 today over saving 10% at restaurants… as long as Disney is still into me… any day, twice on Sundays.

Actually, I was wrong. It’s less the 30% savings. BLT resale around $160…direct $202…so $8400.

You get unrestricted points, and can put entire amount on a CC. So reduce that difference about $8000.

You get discounts and access to whatever membership perks come along. Family of 4 who can save $1600 a year on APs, makes that difference up pretty quickly,

Now, APs are not currently on sale and they may never return…I think they will…but it’s about long game and not short game,

So, anyone who wants BLT and the chance to stay at RIV and future resorts, can at least buy it for a difference that is much smaller now.

It won’t meet everyone’s needs, but some do value staying at RIV and want the option for future resorts and willing to spend more to get it.

 

[Sandisw]

If you were to buy direct, how much do you save on the annual pass being a direct owner(if/when they come back) compared to the full price of the pass? I'm currently waiting to see if DVC takes a contract we have in ROFR. If it gets ROFR, to us buying direct with the discount may be a decent option if we can recoup that difference over time in annual passes too.

As a DVC owner, you are eligible for the Sorcerer pass which is $400 less than a normal AP.

Now, it does include block out dates at Thanksgiving and Xmas…which the regular AP does not…but if you don’t travel then, then you have a product that will save you money since you don’t need the Incredi Pass.

For a family of 4, that is $1600/year less it will cost you for your tickets. based on pricing before sales were suspended.

 

[Yodeling2001]

Do you mind sharing which ones got taken versus passed.

Just updated in the ROFR Jan-Mar 2022 thread!

 

[harmon54]

Just wondering if you did get a larger contract broken up into 100 point contracts are those smaller contracts even elegible for blue card benefits since the minimum is 150 now I think? How does that work?

 

[CarolynFH]

Just wondering if you did get a larger contract broken up into 100 point contracts are those smaller contracts even elegible for blue card benefits since the minimum is 150 now I think? How does that work?

The requirement is to maintain a certain number of points. If someone met a 150-point minimum by buying two 100-point contracts, they would have to keep ownership of both contracts to maintain their blue card status (unless they bought additional contracts that also conferred blue card status). That's one reason that new buyers (not existing members) are being required to buy at least one contract of 150 points or more.

 

[Liquidice]

Am I crazy - I'm already a blue card holder (bought 100 points at BLT in Dec 2019 at $235pp, this sale is cheaper than that!). I then bought 160 pts at BLT resale (only $133pp!).

Considering selling my 160 pts resale and buying ~200 points (at $202pp) direct. The primary reason would be owning 300 points direct and having the ability to stay at any future DVC resort (currently that is only RVA).

Assuming I could sell my points at $170pp, after paying the real estate commission it would cost me roughly $15k to do the upgrade. Not sure if that is worth the upgrade to direct points.

If Disney were smart, they would offer an upgrade package to convert your points to direct points for a fee. It would be a simple change in their system to identify the points as direct and they could advertise it as buying into a lifetime of Membership Perks. No paperwork, just pure profit for them

Actually the more I think about it - the more I'm convinced that it is not a good idea to upgrade my points for $15k

 

[Sandisw]

Am I crazy - I'm already a blue card holder (bought 100 points at BLT in Dec 2019 at $235pp, this sale is cheaper than that!). I then bought 160 pts at BLT resale (only $133pp!).

Considering selling my 160 pts resale and buying ~200 points (at $202pp) direct. The primary reason would be owning 300 points direct and having the ability to stay at any future DVC resort (currently that is only RVA).

Assuming I could sell my points at $170pp, after paying the real estate commission it would me roughly $15k. Not sure if that is worth the "upgrade" to direct points.

If Disney were smart, they would offer an upgrade package to convert your points to direct points for a fee. It would be a simple change in their system to identify the points as direct and they could advertise it as buying into a lifetime of Membership Perks. No paperwork, just pure profit for them

Actually the more I think about it - the more I'm convinced that it is a stupid idea

I have thought about the same thing and actually did it when I sold BWV to buy RIV.

And how I look at it is that if you paid $133 and sold for $170, then that profit helps to offset a little.

You do end up with more points though and as you say it comes with the benefit of unrestricted.

 

[RoseGold]

If Disney were smart, they would offer an upgrade package to convert your points to direct points for a fee. It would be a simple change in their system to identify the points as direct and they could advertise it as buying into a lifetime of Membership Perks. No paperwork, just pure profit for them

A lot of other timeshare developers do this, converting resale into developer points. With the way RIV is written, I wonder if it's even possible for DVC to do this.

 

[Sandisw]

A lot of other timeshare developers do this, converting resale into developer points. With the way RIV is written, I wonder if it's even possible for DVC to do this.

Yes. The RIV documents specifically allow for something like this. But, any program will be costly and end up costing more than if you had bought direct from the start.

 

[HIRyeDVC]

Am I crazy - I'm already a blue card holder (bought 100 points at BLT in Dec 2019 at $235pp, this sale is cheaper than that!). I then bought 160 pts at BLT resale (only $133pp!).

Considering selling my 160 pts resale and buying ~200 points (at $202pp) direct. The primary reason would be owning 300 points direct and having the ability to stay at any future DVC resort (currently that is only RVA).

Assuming I could sell my points at $170pp, after paying the real estate commission it would cost me roughly $15k to do the upgrade. Not sure if that is worth the upgrade to direct points.

If Disney were smart, they would offer an upgrade package to convert your points to direct points for a fee. It would be a simple change in their system to identify the points as direct and they could advertise it as buying into a lifetime of Membership Perks. No paperwork, just pure profit for them

Actually the more I think about it - the more I'm convinced that it is not a good idea to upgrade my points for $15k

I don’t think it’s worth the upgrade but it all depends on how much you value direct points. I too bought 200 resale early last year and thought the same but I’m gonna stay put and wait for DLT to add on more direct. Your idea of an upgrade package sounds awesome and I would consider it. But that sounds too generous and Disney probably wouldn’t make enough money out of it.

 

[Liquidice]

I don’t think it’s worth the upgrade but it all depends on how much you value direct points. I too bought 200 resale early last year and thought the same but I’m gonna stay put and wait for DLT to add on more direct. Your idea of an upgrade package sounds awesome and I would consider it. But that sounds too generous and Disney probably wouldn’t make enough money out of it.

Yeah right now I don't think I care much about staying at Riviera, but what I worry about is post-2042, when BWV, BCV and BRV contracts end and more than likely become "new" DVC Resorts which my resale points will be locked out of. I already own 460 points, so I don't truly need anymore points, going up to 500 wouldn't be a big change - but don't think I want to buy into another resort. But maybe the smarter thing to do would be to wait and buy into the "new" BCV or BWV post-2042 (or pay if they were to offer some kind of extension).

 

[KTownRaider]

Yes. The RIV documents specifically allow for something like this. But, any program will be costly and end up costing more than if you had bought direct from the start.

It would likely cost more than going direct from the beginning. The cost analysis though would be between the cost of upgrading your resale points compared to the cost of selling resale to buy direct (possibly taking a bath in ~7-10% sales commission + closing costs). This could be a lucrative revenue stream, but DVC will need more than RIV/DLT to bait most resale owners to make the jump.

 

[Sandisw]

It would likely cost more than going direct from the beginning. The cost analysis though would be between the cost of upgrading your resale points compared to the cost of selling resale to buy direct (possibly taking a bath in ~7-10% sales commission + closing costs). This could be a lucrative revenue stream, but DVC will need more than RIV/DLT to bait most resale owners to make the jump.

Exactly. DVD isn’t going to make it cost effective to buy resale and then upgrade.

The only program I see as potential would be them allowing you to buy an equivalent number of points direct and all your points become unrestricted.

So, if I own 160 resale and buy 160 direct, it get all 320 to be eligible for future resorts.

 

[Bjaiken77]

Has anyone taken advantage of these incentives? I see a lot of posts but not many people who have purchased. Just curious.

 

[WDWEPCOT]

I’m seriously giving it some thought - I was looking at resale but I am wondering what Disney will do down the road to resale owners I have Blue Card now so that is not issue - but I’ve always wanted Bay Lake and this is no hassle buying which DH likes - I’m very tempted - contemplating .....

 

[NeutralNovice]

I’m seriously giving it some thought - I was looking at resale but I am wondering what Disney will do down the road to resale owners I have Blue Card now so that is not issue - but I’ve always wanted Bay Lake and this is no hassle buying which DH likes - I’m very tempted - contemplating .....

Can DVC make changes like that to resale buyers and not grandfather you?

I too am deciding betwixt BLT direct or VGC resale. Such a difficult decision.

I wonder if theres a way for us to "team up" with others and get two 150pt contracts between us to get the max discount.

Like the deed can be under both parties names?

 

[HIRyeDVC]

Can DVC make changes like that to resale buyers and not grandfather you?

I too am deciding betwixt BLT direct or VGC resale. Such a difficult decision.

I wonder if theres a way for us to "team up" with others and get two 150pt contracts between us to get the max discount.

Like the deed can be under both parties names?

You can but legally, it could get messy. I wouldn’t pursue that route just for savings. You may spend more in legal fees if something were to happen down the road.