Re-Sales

[smep013]

Can someone kindly point me in the direction of a few threads on re-sales? I am looking for basic details.

Thanks!

 

[backyardponder]

I would suggest starting at TTS, who sponsors this board. At the top of this page are a couple links to them. They have some nice summary packages you can browse through which will give you some basic details.

Many of us on these boards have bought resale. It does take longer than buying direct, but is a lot less expensive, especially for sold out resorts like BWV, OKW, etc.

 

[chalee94]

here is a comparison of resales vs. direct, as stolen from DVCMike:

Initial Purchase from DVC

• You can get the exact number of points that you want (although you must buy a minimum of 160)
• Faster than resale (you will be in the system and have your points and be able to make reservations much faster than resale)
• No worries about the purchase if Disney executes ROFR, since that only applies to resale purchases
• More expensive cost per point than the resale market
• You can finance through DVC, and Disney doesn’t report the loan to credit reporting agencies
• You can pay with a Rewards credit card and get points/cash back
• The full set of points you buy will be available immediately, versus a resale contract which may be “stripped” of points.
• If you don’t want the resorts they are currently selling (AKV/BLT), you may have to do some firm talking to a guide to convince them you really want an older resort.

Initial Purchase via Resale

• You may not get the exact number of points you want
• You can purchase fewer than 160 points for your initial buy-in to DVC (Disney won’t let you buy fewer than 160 points - except for a recent deal at AKV).
• It will take much longer to get into the DVC system and have your points (resales typically take 6-8 weeks)
• Disney may exercise ROFR and you may lose the resale and have to start all over (When buying resale, one of the potential pitfalls to try to avoid is making an offer that will cause Disney to exercise it’s Right of First Refusal)
• Resale is typically less expensive than buying from DVC
• You can’t finance through DVC, although most resale brokers will recommend a finance company
• A resale contract may be “stripped” of points where the user has used many of the current year’s points, and may have borrowed some or all of next year’s points. Just be aware of “stripped” contracts on the resale market.
• Easier to pickup large point packages at any of the older DVC resorts.

 

[henri + katie's mum]

These are the places I browse when I'm dreaming of purchasing.

I can only comment on GMAC, where I bought. They were pretty good at the time (a little over a year ago), but lately their website has no information, but if you link to "Timeshares Only" you will find a lot of GMAC listings.

Aside from listings, these sites will give you info.

Good luck.

http://www.dvcbyresale.com/

http://www.dvc-resales.com/dvclisting-P.cfm

http://www.atimeshare.com/disney/buy-disney.html

http://www.internationalgmac.com/hotdeals.jsp#Disney

http://www.**********.com/DVC_Resale_TO_BUY/page_1924721.html

http://www.timesharesonly.com/filter?resort_name=Disney