New here and trying to understand some things about resale better.

[_auroraborealis_]

see my friend told me you can bank 2 years

I think you need to erase everything your friend told you in your brain, Men in Black style.

 

[mjmjbelle1023]

I think you need to erase everything your friend told you in your brain, Men in Black style.

wait THREE people told me it’s 2 years wth is going on

 

[NEW-B]

wait THREE people told me it’s 2 years wth is going on

I'm guessing they just presented that incorrectly. If you bank points from one year to the next, those points can be good for up to 2 years.

 

[mjmjbelle1023]

Okay. This is good! So, Poly resale I'm 50/50 on, only because it's not clear yet if it's going to be considered Poly 1.0 as an addition, like Jambo and GF BPK or the SS Treehouses, or if it's going to get its own association and point chart.

If you buy Poly 1.0 resale and Poly 2.0 is NOT the same association, you'll be stuck with Poly 1.0 studios or bungalows and possibly trying to then offload a Poly 1.0 resale in a short amount of time and maybe taking a hit financially if you really want Poly 2.0.

If Poly 2.0 is its own association, I'm assuming it'll have Riviera's restrictions, and that would suck for existing resale Poly 1.0 owners to literally be steps away from a sister resort and not be able to use resale points there. That would kill me.

If you know you love GF, the direct incentives, IMO, make it a decent deal, even compared to resale prices. The current promotion on GF ends 1/18, if you want to check that out. The direct/resale delta isn't that huge, and you'd get your points instantly and the 150 point direct blue card. Right now, the direct perks aren't a big deal, but I think soon APs will be coming back since Disney is offering a lot more incentives and trying to rehab their bad PR with concessions announced (like free on-site parking again to resort guests, free photos for DL folks buying Genie+, etc.) The Sorcerer AP (DVC pass) is like $400 cheaper than the Incredipass, and if you decide to go to WDW 2x in an overlapping 12-month period, that IS a good perk.

Alternatively, GF resale is going for $170-$190pp, but you could certainly lowball an offer since you have time and see what happens. There's over 30 listings on the site sponsor for GF, just checked, and over 800 resale contracts in general, so definitely a buyer's market right now for resale. You seem to have time on your side, but I hate to see you booking/renting points when you know it's a matter of when, not if, you're buying in anyway. That rental money could pay a good chunk towards a contract! LOL.

If you don't do GF, I actually think AK would be a great resale option for you! There's tons of great dining, awesome pools, a freaking savannah, LOL, and it would round out your park options if you plan to buy GF/Poly 2.0 later on. As an aside, Jambo is GORGEOUS at the holidays. I almost think it's a weensie bit prettier than CC/WL's lobby and tree. Very unique, and so restful! AK resale has 80+listings ranging from $130-$145ish, and I definitely think you could score a deal there. Our friends (three families!) own at AK and love it and don't want to stay anywhere else, and I totally get it.

Ugh yeah the lack of info on poly 2….someone did tell me it’s possible the poly2 inventive direct would be close to resale, I mean I can absolutely wait to see. I cant buy this year anyway!! If it is it’s own Assoc will there be any restrictions direct? Poly now only studios or bungalow I don’t like that. That’s WAY too many points for bungalow no thanks lol! so that’s out (for now until poly 2 info is out)

I really can’t do anything now so the GF promo you are talking about it s a moot point for me.

What is direct blue card? I wouldn’t bother with Aps – trust me no way my husband will g o there multiple times in one year hahaha. I really think resale is my go-to for my first one because yeah I want two one day lol. Then the $ I save can be used on Enchanting Extras! Where are these listings you mentioned about a site sponsor? Oh we LOVE AKL-3 stays already!!! But, it’s easier to get at 7 months if it’s not your home so there’s that…..

I really like the idea of 2 150 pt contracts to will to our twins, however I am assuming we’d still be alive lol God willing even after thee AKL or GF contacts expire. But we could extend them -if they let us -correct?

Could you message me directly? It’s easier to find lol

 

[mjmjbelle1023]

I'm guessing they just presented that incorrectly. If you bank points from one year to the next, those points can be good for up to 2 years.

ahhh ok much better lol

 

[mjmjbelle1023]

Just research that with more time. You really need to know how the different use years work and if it’ll suit your travel style. It’s very limiting to have different use years for most people and not worth it just to get a slight savings.

we’d look for june use year as many have recommended as we’d travel either august or nov/dec

 

[intamin]

Ugh yeah the lack of info on poly 2….someone did tell me it’s possible the poly2 inventive direct would be close to resale, I mean I can absolutely wait to see. I cant buy this year anyway!! If it is it’s own Assoc will there be any restrictions direct? Poly now only studios or bungalow I don’t like that. That’s WAY too many points for bungalow no thanks lol! so that’s out (for now until poly 2 info is out)

I really can’t do anything now so the GF promo you are talking about it s a moot point for me.

What is direct blue card? I wouldn’t bother with Aps – trust me no way my husband will g o there multiple times in one year hahaha. I really think resale is my go-to for my first one because yeah I want two one day lol. Then the $ I save can be used on Enchanting Extras! Where are these listings you mentioned about a site sponsor? Oh we LOVE AKL-3 stays already!!! But, it’s easier to get at 7 months if it’s not your home so there’s that…..

I really like the idea of 2 150 pt contracts to will to our twins, however I am assuming we’d still be alive lol God willing even after thee AKL or GF contacts expire. But we could extend them -if they let us -correct?

Could you message me directly? It’s easier to find lol

Direct never has restrictions. The only restrictions would be if you decided to resell it later on. The new owner would only be able to use it at poly2. This is again assuming it’s a different association than poly1.

 

[mjmjbelle1023]

Your "friend" is either misleading you or completely clueless. You keep repeating these things, and it is obvious you have not done even the basics of research in this product.

You need to start from the beginning. DVC has a lot of rules, and if you don't understand them, then you have no idea if this product is right for you.

we go every other year minimum and will do so for the rest of my life
that s why I am here trying to understand the jargon and the details and the rules because with us going continuously- and preferring the deluxe resorts- it would break even and I want my kids to have this and their kids.

 

[mjmjbelle1023]

This is the BEST advice and something you don't understand until you are a member. We are new members and were super excited that we got double points with a contract and decided that we were gonna do 2 trips last year. Well, with the cost of food, tickets, merch etc. we over did our budget so it was gonna be tight for our Christmas trip. We only booked two park days and the rest of the week we did resort days. It was our BEST Disney vacay yet!

my husband and kids would be cool with that lol

 

[mjmjbelle1023]

Direct never has restrictions. The only restrictions would be if you decided to resell it later on. The new owner would only be able to use it at poly2. This is again assuming it’s a different association than poly1.

oh ok I read that wrong above thanks

 

[MrWonderful]

Please watch these - They should help clarify many of your misconceptions.

Hard Truths About Disney Vacation Club | The DVC Show​

The DVC Buying Process - A Mostly Virtual Experience​

 

[tom1944]

As long as people understand the potential risks, then that is all that matters!

I have a large family so if I cannot go I can let a family member take the trip

 

[tom1944]

Just research that with more time. You really need to know how the different use years work and if it’ll suit your travel style. It’s very limiting to have different use years for most people and not worth it just to get a slight savings.

I would agree that a slight savings is not worth it but I am seeing some significant difference in points carried over and price alone. Now of course it is the asking price so they might hold the line on the lower price and take less on the higher price so you never know.

For us

August and November are most likely now
January if my wife and I go alone
December break and March Spring Break possible but I would rather not

I think that makes August the best use year.

 

[mjmjbelle1023]

Please watch these - They should help clarify many of your misconceptions.

Hard Truths About Disney Vacation Club | The DVC Show​

The DVC Buying Process - A Mostly Virtual Experience​

I have that channel subscribed to - it’ll take quite some time to get through all those videos

 

[mjmjbelle1023]

Please watch these - They should help clarify many of your misconceptions.

Hard Truths About Disney Vacation Club | The DVC Show​

The DVC Buying Process - A Mostly Virtual Experience​

First thing they said is it an investment. I myself would not think it is. Not in the sense one of our rental properties is, but more in the sense of it’s an investment in family trips memories etc.

 

[DonMacGregor]

First thing they said is it an investment. I myself would not think it is. Not in the sense one of our rental properties is, but more in the sense of it’s an investment in family trips memories etc.

That is 100% correct. DVC, like ANY timeshare is absolutely not an investment. It is an expenditure. The "investment" is in securing future vacations. That some people purchase and then sell later with some return is just cream and should never be anticipated or relied upon.

I will say, one of my few criticisms of any of the World of DVC/DIS online digital product, is the sometimes overly loose use of the term "investment".

 

[sndral]

…
I am leaning to a Poly OR GF resale (OR see when the Poly2 comes out) because all research and people know that own say AKL is relatively easier to book at 7 months than those or BC or BW- but again the 2042 end on those two.

If you want to stay in 1 br.s don’t buy at the all studio Poly1 - those bungalows cost more points than you’ll likely ever want to spend. I personally tend to walk or boat over to Capt. Cooks the QS at the Poly for lunch a lot when I’m staying at the VGF.
Whether a resort is ‘easier to book’ is a function of 2 things - first how big it is - the behemoth SSR w/ a max of 1260 villas will always be easier to book than the smallest Boulder Ridge @ the WL with it’s max of 181 villas. Second, how popular the time of year you want to go is. For your August trips you’ll likely have lots of choices at 7 months because fewer DVC’ers vacation then. For your December when school is out vacations most resorts, including AKV, will be very hard to book at 7 months. It doesn’t help you if a resort is easy to book every month of the year except for one month of the year & that month happens to be when you (and lots of others) want to go.
Generally, how big a resort is also matters when it comes to resale prices. Bigger resorts tend to cost less on the resale market because there’s more supply. SSR is the largest, and tends to cost the least resale. AKV (max 708 villas) is smaller than SSR but bigger than say VGF (max 302 villas) and AKV costs more to buy resale than SSR but is less than VGF.

…
Alternatively, GF resale is going for $170-$190pp, but you could certainly lowball an offer since you have time and see what happens. There's over 30 listings on the site sponsor for GF, just checked, and over 800 resale contracts in general, so definitely a buyer's market right now for resale. You seem to have time on your side, but I hate to see you booking/renting points when you know it's a matter of when, not if, you're buying in anyway. That rental money could pay a good chunk towards a contract! LOL.

If you don't do GF, I actually think AK would be a great resale option for you! There's tons of great dining, awesome pools, a freaking savannah, LOL, and it would round out your park options if you plan to buy GF/Poly 2.0 later on. As an aside, Jambo is GORGEOUS at the holidays. I almost think it's a weensie bit prettier than CC/WL's lobby and tree. Very unique, and so restful! AK resale has 80+listings ranging from $130-$145ish, and I definitely think you could score a deal there. Our friends (three families!) own at AK and love it and don't want to stay anywhere else, and I totally get it.

Full disclosure, I bought AKV resale first & a couple of years later I bought VGF also resale - I’ve since added on at both resorts & I love staying at each resort for different reasons. I’m not a fan of the ‘towers’ so no Riv or BLT for me, but others love those resorts. Some folks buy the cheapest SAP (sleep around points) which is usually resale SSR & enjoy the thrill of the hunt using those ‘bargain’ points to get ‘better’ accommodations at 7 months - that might have been me in my younger days, but these days I fall into the category of folks who prefer to own where they want to stay & to build memories at a particular resort w/out the stress of the 7 month hunt & I’m ok w/ paying more to meet that emotional need.
There are more than 10 brokers who specialize in DVC resale, the site sponsor https://www.dvcresalemarket.com/?utm_source=partner&utm_campaign=thedis tends to have the most listings, but others may have better prices. For example looking at all the listings from all the brokers right now there are 257 listings for AKV and the lowest asking price is $118 per point. There are 88 VGF listings and the lowest asking price is $155.

 

[KAT4DISNEY]

see my friend told me you can bank 2 years

It's been said but I think it needs repeating - forget everything you think you have learned about DVC from your friends. Whew!

I don't think I've seen anybody direct you to the resource center here which offers a lot of written information that should be helpful. Go back and start at the beginning.
https://www.disboards.com/threads/the-dvc-resource-center-updated-december-2021.3655476/

And maybe the Understanding Use Year post will help with that. https://www.disboards.com/threads/understanding-use-year-updated-february-10-2021.1942668/

Other comments -

• Don't worry too much at this point about how you book more than 7 nights. Just know that you can. You have a lot of other decisions to make 1st and that's say, step 25 down the road.
• Read the post on selecting a resort in the resource center that I linked above and things to look at to help prioritize. We can answer questions about resorts but ultimately what may be important in that decision to any of us may not be most important to you.

 

[mjmjbelle1023]

That is 100% correct. DVC, like ANY timeshare is absolutely not an investment. It is an expenditure. The "investment" is in securing future vacations. That some people purchase and then sell later with some return is just cream and should never be anticipated or relied upon.

I will say, one of my few criticisms of any of the World of DVC/DIS online digital product, is the sometimes overly loose use of the term "investment".

Then I feel as if I am going into this venture/goal positively. I plan to continue visiting the parks until I am gone. And my kids have definitely received my disney dna i Like to call it

 

[mjmjbelle1023]

It's been said but I think it needs repeating - forget everything you think you have learned about DVC from your friends. Whew!

I don't think I've seen anybody direct you to the resource center here which offers a lot of written information that should be helpful. Go back and start at the beginning.
https://www.disboards.com/threads/the-dvc-resource-center-updated-december-2021.3655476/

And maybe the Understanding Use Year post will help with that. https://www.disboards.com/threads/understanding-use-year-updated-february-10-2021.1942668/

Other comments -

• Don't worry too much at this point about how you book more than 7 nights. Just know that you can. You have a lot of other decisions to make 1st and that's say, step 25 down the road.
• Read the post on selecting a resort in the resource center that I linked above and things to look at to help prioritize. We can answer questions about resorts but ultimately what may be important in that decision to any of us may not be most important to you.

Yes my resource wasn’t so great. I have two different youtube channels subscribed to. I also feel I have - for now - a home resort choice narrowed down to 2-3 places. Still have to visit the DVC section of one. I’ll still check out that link thanks.