New owners can now buy 50 points from Disney

[bwvBound]

Oh, hmmm ... I wonder if existing DVC owners are permitted to use this new "50-point minimum" as a tool for integrating a new UY into their portfolio?

While we love our OCT UY for WDW properties, we've decided that OCT does not fit our travel patterns for (nearby) Disneyland. An APR UY would be a much better choice for a possible GCV add-on. Think that would be approved?

 

[5forDiz]

Oh, hmmm ... I wonder if existing DVC owners are permitted to use this new "50-point minimum" as a tool for integrating a new UY into their portfolio?

While we love our OCT UY for WDW properties, we've decided that OCT does not fit our travel patterns for (nearby) Disneyland. An APR UY would be a much better choice for a possible GCV add-on. Think that would be approved?

Very good question bwvBound We're intending to add on soon at HHI and would prefer a different UY than our Sept.

 

[Sandisw]

Oh, hmmm ... I wonder if existing DVC owners are permitted to use this new "50-point minimum" as a tool for integrating a new UY into their portfolio?

While we love our OCT UY for WDW properties, we've decided that OCT does not fit our travel patterns for (nearby) Disneyland. An APR UY would be a much better choice for a possible GCV add-on. Think that would be approved?

If they are indeed allowing new members in with only 50 points, I think they would be very open to allowing members to add on with a new UY for the same amount.

 

[disneynutz]

A different UY or name on the title is a new membership so the 50 point buy in would apply.

Bill

 

[lilpooh108]

Is Doorway to Dreams in Chicago/NY allowed to sell to residents outside of Illinois or NY? I know that state laws vary regarding timeshare sales. If so, or if not, wouldn't the 50 pt new buy-ins be allowed to only residents of Illinois or NY? That would seem strange to narrow their market that way.

 

[dizfan]

Is Doorway to Dreams in Chicago/NY allowed to sell to residents outside of Illinois or NY? I know that state laws vary regarding timeshare sales. If so, or if not, wouldn't the 50 pt new buy-ins be allowed to only residents of Illinois or NY? That would seem strange to narrow their market that way.

DTD Chicago definitely can. When we visited, the guide sold to someone from Iowa and had a contract for us (Wisconsin). We preferred our WDW guide so we didn't buy from her.

 

[Christinerobin]

I have been considering becoming a DVC member for a long time. However, with a young family I could never justify the expense of buying 160 points. This 50 points buy-in sounds like it could work for my family at this point in time. My daughter is not in school yet and we travel during the off season. So, please, DVC Vets, tell me what is the potential downside of buying 50 points now (with the intention of buying at least 100 more points down the road).

 

[chalee94]

So, please, DVC Vets, tell me what is the potential downside of buying 50 points now (with the intention of buying at least 100 more points down the road).

not much downside as such, other than 50 pts won't get you much more than 3-4 nights in a studio. maybe 5 nights at OKW, where the studios have 2 queen beds...so that could be a good value if you would enjoy staying at OKW.

if you bank and borrow, you can use up to 150 pts every third year...but if you have to cancel that reservation, all of those pts might go to waste unless you can rebook something in that same use year.

also, you can probably still get a better deal by going resale...so definitely consider that...especially if you decide to buy at OKW.

i have a small contract myself. due to the point reallocations of the last few years, i've had to quit using it every year and go to an every other year schedule since the sun-thursday point costs have increased. but it still works for my situation.

 

[dianeschlicht]

DVCNews.com is reporting that you can now purchase 50 points directly from DVC. This is only for the resorts in active sales.

What do you think?

We have a small DVC contract (100 points) and could see how some people would enjoy a 50 point contract. I am concerned that owners might become upset that 50 points don't buy much.

If you are talking about people who are already existing members, that's always been the case. If you are talking about new memberships, I'd be pretty unhappy to see that happen.

 

[Christinerobin]

Thanks Charles! I will definitely look into resale.

 

[es45]

Any other details on this offer? I don't see any specifics yet

 

[heathers4um]

I live in MA and when I purchased I am pretty sure it was through DTD in Illinois....at least thats where the goodies he sent me as a thank you gift came from.

Is Doorway to Dreams in Chicago/NY allowed to sell to residents outside of Illinois or NY? I know that state laws vary regarding timeshare sales. If so, or if not, wouldn't the 50 pt new buy-ins be allowed to only residents of Illinois or NY? That would seem strange to narrow their market that way.

 

[heathers4um]

hey Lou...this isnt all that conspiratorial...its actually quite smart and think it could be on their list of reasons.

Okay, this is probably conspiracy theory thinking here... but...

With all of the reports about furnishings at BLT falling apart and already needing replacement, Disney may be feeling the squeeze to raise maintenance fees there to start refurbishment much earlier than most members would have planned. Since the low MF at BLT was a selling point for buyers, then Disney certainly wouldn't want to raise them before selling out the resort. Perhaps lowering the minimum purchase there is a way to quickly sell out the resort so that MF can be raised and refurbishment can begin on the owner's nickels instead of Disney's.

 

[Mickey'sApprentice]

I think DVC has a lot of inventory that they need to get rid of.

The financial crisis is finally coming home to roost. DVC is likely having to make payments on all of that unsold real estate.

 

[Maistre Gracey]

I read the DVCnews write up, and it said "according to one source".
Has Tim, or DVC for that matter, confirmed this as fact?

MG

 

[kikiq]

Oh, hmmm ... I wonder if existing DVC owners are permitted to use this new "50-point minimum" as a tool for integrating a new UY into their portfolio?

While we love our OCT UY for WDW properties, we've decided that OCT does not fit our travel patterns for (nearby) Disneyland. An APR UY would be a much better choice for a possible GCV add-on. Think that would be approved?

Our GCV add-on has a different UY than our SSR contract. We wanted the 2009 points and we felt that a June UY was a better for us and for our DDs later since we're just right down the road from DLR.

 

[bwvBound]

Our GCV add-on has a different UY than our SSR contract. We wanted the 2009 points and we felt that a June UY was a better for us and for our DDs later since we're just right down the road from DLR.

Interesting, thanks for sharing! Was your GCV add-on directly from Disney or via resale? If through Disney and fewer than 160 points, did you sense any resistance from your guide on buying a different UY? Thanks!

 

[jdg345]

What do you mean by "walk a reservation?" Am I guessing people may book there ressie at home resort 1 - 2 weeks before they actually need it (booking a 14 day stay when they really only need 7 days) just to secure the actual time frame they need and then cancel the 1st part of the ressie? Not sure if that is what you mean but that thought has crossed my mind.
Just curious

Not quite, basically, you book a week or two prior to when you really want to be there, and then cancel the front-end and add to the back-end either day by day or every few days. This mostly helps at the 11 month window, but can help at 7 months too as you're likely not competing with home owners at that time.

It seems that ever since the new policies went into effect, the Holiday bookings for December have been much harder to come by. It used to be you could move at 7 months pretty easily; now even calling at 7 months at 9am you are likely locked out at some of the smaller resorts -- which is why people walk.

 

[zebsterama]

They can not eliminate the priority booking window completely. They can reduce the window from the current 4 month home resort window (11 to 7 is 4 months) to a one month booking window, for example 11 months for home resort, 10 months for non-home resort.

The ability to walk a reservation already gives some preference to home resort owners with larger contracts.

Can you - or someone else - please explain the "walk a reservation" concept? Sorry, I don't know / understand what that means.

Also if someone buys a 50 point purchase, what's the minimum add on they can do after that?

To be honest - with the lowered point entry, this has really peaked my interest in potentially buying in.

Cheers,
Zebsterama

 

[zebsterama]

I think I would have preferred DVC expanding the 100 point buy-in to all resorts, than 50 points for just the four in current sales.

I am very concerned that Disney won't tell these small buyers that they need 160 points to make regular trades to RCI, etc.

Could you please - or anyone - confirm the 4 resorts in current sales, I'm guessing its BLT, AK and SSR but I don't know the 4th?

ALSO - could you please - or anyone please explain the significance of "small buyers ... need of 160 points to make regular trades to RCI, etc.?" What is RCI and what does it mean? Also what other implications might be worth considering, in your opinion?

Much appreciated!

Cheers!
Zebsterama