Resale vs. Buying outright...

[inkedupmomma]

Sell me on one vs. the other. Perks of each? Best place to buy resale? What is even considered a goof resale deal, one that Disney wont say heck no to? Sorry to be so vague, but I'm not sure of how DVC works

ETA- we are a family of 5. mom, dad, 15DD 10DS and 2.5 DS

 

[kelownamom]

Well both have their advantages and all I can tell you is why we decided resale first! We purchased resale because the price per point was so significantly different and the direct perks, discount annual passes and dining etc, really didn't add up for us as we will travel less often and for longer. Say once a year for 8 or 9 days vs many short trips per year. Now that may change and if it does than losing an annual pass discount could end up being significant as we too are a family of 5. But for now on the initial purchase the almost 7000 in savings on the purchase price was the right option. We will likely buy a small direct purchase as well so we can attend the lounges and enjoy the member benefits but even with resale restrictions the majority of all points we purchase will be resale

 

[_auroraborealis_]

Resale vs. Direct is just about the LAST question you should be asking on a purchase journey, rather than the first.

Question you should be asking previous to that:

• Do you plan to go to Disney annually or every other year?
• Do you typically stay at least Moderate?
• Have you stayed at any of the DVC resorts?
• What time of year do you typically travel?
• Can you regularly plan 11 months in advance of travel?
• Are you okay cramming 5 people into a single room, or do you want more space, a kitchen, a washer/dryer?
• Are you likely to want to bring along people outside your immediate nuclear family at any point?
• What resort do you think you would most frequently wish to stay at?

From those questions, you can start getting into points needed, and where, and do a financial analysis on direct vs. resale. Not before.

 

[disneynutz]

DVC should be considered as a room discount only for DVC rooms only. The rooms are not the same as Disney cash rooms and you can book a DVC room from Disney or rent a reservation from an existing owner.

Disney changes the resale restrictions, DVC rooms, discounts, perks, and rules as they want, you have no say in what they do. The DVC website has issues and goes down frequently and Disney does a poor job of keeping owners informed.

Bill

 

[Dream big]

I am a newbie so I don't have the answers to your questions. However, I can tell you why we chose resale. Initial buy in cost was a fraction of the price and was the only way we could afford the number of points we needed.

We also did not want Poly. We are a family of 5 and a studio does not excite me. Upon further investigation we could have bought some other resorts resale for a bit cheaper than Poly. But the savings still wouldn't have been enough to change my mind.

We will add on direct in the near future with just a small contract since I can already see that we are going to want more points. But bottom line, we could only afford resale.

We checked all of the resale brokers and ultimately we went the broker that had the contract we wanted. So I suggest just looking through all of the contracts and getting an idea of prices and availability so when the best deal comes along you'll know!

 

[kydisneyfans]

Resale was the only option for us. We bought Animal Kingdom during the down years and snagged a loaded contract for nearly 60 less that Disney direct pricing. We did not want to finance, but we also get more "perks" than the resales get now. We had stayed at Animal Kingdom Lodge renting points as a primer to determine if we wanted to outright buy, it was a no brainer to us due to cost and vacationing style. I also would research, research, research and would probably go resale, with a small direct purchase if additional points are needed.

 

[jasonv1]

As to resale or not, make sure to compare resale plus a later 25 point direct vs. all direct. The end result is the same (you get perks), but in this case your resale points have already "depreciated" since they do not include the perks. If you are looking to buy APs that small direct contract may pay for itself in 10-15 years (the more APs you buy, the faster it pays for itself).

I bought resale when VGF and Aulani were the only options, and VGF requires a lot of points. That being said, resale prices were pretty low "back then" (I paid half of new for VWL), so I wouldn't have bought direct anyway.

Even today I wouldn't buy direct as Poly rooms require a lot of points. I'll stay there eventually to try it out, but I wouldn't really want to own direct points there (and resale poly points are still really pricey).

Side note: As to home resort, think about the future. Monorail resorts/VWL are great, but don't rule out BCV/BWV. My wife will love MK till the day she dies, but part of me wishes we had easy access to Epcot/DHS for our regular fall visits.

 

[inkedupmomma]

Resale vs. Direct is just about the LAST question you should be asking on a purchase journey, rather than the first.

Question you should be asking previous to that:

• Do you plan to go to Disney annually or every other year?
• Do you typically stay at least Moderate?
• Have you stayed at any of the DVC resorts?
• What time of year do you typically travel?
• Can you regularly plan 11 months in advance of travel?
• Are you okay cramming 5 people into a single room, or do you want more space, a kitchen, a washer/dryer?
• Are you likely to want to bring along people outside your immediate nuclear family at any point?
• What resort do you think you would most frequently wish to stay at?

From those questions, you can start getting into points needed, and where, and do a financial analysis on direct vs. resale. Not before.

I've already answered those questions, hence us looking into DVC. My question was about resale vs. Direct, and others experiences. Please don't respond unless you have an actual opinion on the question asked. Its very rude and not helpful.

 

[inkedupmomma]

Thanks for the answers all. We aren't overly worried about where we stay, so long as it isn't a value, we just don't love those anymore. LOVE the Poly and surprisingly it worked for our family of 5 just fine. However, looking ahead, a bigger space could be nice. Either way, with DVC the option could be there. The plan I think is to buy resale and add on a smaller contract directly. We do purchase AP's and try to get two long trips out of them, but resale still seems like a better deal, even without the perks (admittedly bummed we missed out on that though!)

Now I am just trying to figure out the life of each resort. All have perks and are lovely, but would love to get a contract with a lot of life left in it if possible.

 

[_auroraborealis_]

I've already answered those questions, hence us looking into DVC. My question was about resale vs. Direct, and others experiences. Please don't respond unless you have an actual opinion on the question asked. Its very rude and not helpful.

Actually, it's all pretty critical, based on the posts we see here regularly. I am sorry you have very thin skin on this issue, but if you hang around here you will see all sorts of emotional decisions by people who only plan to go every three years, are counting on always staying in the lowest point rooms, adore free dining and think they can get it as DVC, have never even been to Disney at all and buy on a cruise... You name it.

In general, if you want to buy Poly, and stay at Poly 75% of the time or more, direct is the best option. For any other resort, resale will almost always win on a cost-benefit basis, as direct perks are difficult to make have the same value as the OOP savings of buying any other resort at resale rates.

 

[suebeelin]

I would only buy direct at poly, if I were to buy direct. There are a few resorts that have a closed waiting list (Vgf, bcv and vgc) and you can only buy resale anyway.

In other words, for any resort not poly, I would exclusively look at resale.

 

[kniquy]

Now I am just trying to figure out the life of each resort. All have perks and are lovely, but would love to get a contract with a lot of life left in it if possible.

the time of year you plan to travel will be part of the deciding factor to where you buy. Between Jan and Sept you can book pretty much all resorts at the 7 month mark - a few exceptions would be VGF and possibly certain room types at various resorts. If you want to travel between Oct -NYE (really up to the marathon in early Jan) then you would want to buy where you must stay. If you are flexible with where you want to stay then everyone says SSR resale is the best buy with a lower price per point and lower maintenance fees. We stayed there and were not thrilled w/ that resort so we opted to buy AKV with a similar price per point, but higher MF. One thing that i didn't realize until recently is that the BC and BW 1 Br sleep 5 but i think they have a disclaimer that they only really have bedding for 4 and you have to bring your own bed and linens for the 5th person - kind of tough to do when you are flying in. I think for your family you need to weed down your options - exclude the resorts w/ the early expiration of 2042. If you want to get more info on the resorts look at youtube videos. There are some professionally done videos as well as personal videos. that helps w/ trying to see what the resorts are like without necessarily visiting. Ideally it would be great to visit them all before purchasing, but realistically that isn't possible for most people.

As for buying direct vs resale -- I think AKV direct would have been $155 per point, we paid $80 per point resale so on 120 points we saved $9000. If you need some of the perks - AP or dining discount then you could add on a small 25 point contract down the road.

 

[KAT4DISNEY]

Now I am just trying to figure out the life of each resort. All have perks and are lovely, but would love to get a contract with a lot of life left in it if possible.

Hilton Head - 2042
Vero Beach - 2042
Beach Club Villas - 2042
Old Key West - 2042
Wilderness Lodge - 2042
Boardwalk Villas - 2042
Saratoga Springs - 2054
Animal Kingdom - 2057
Bay Lake Tower - 2060
Grand Californian - 2060
Aulani Villas - 2062
Grand Floridian - 2064
Polynesian - 2066

Otherwise the question of direct vs resale really comes down to price and value placed on the benefits they've removed. The home resort you are considering and the number of points will be part of the equation. That's all if cost savings is at all important. More information of what resort, what the use will be etc is needed to sell you on one vs the other. Time of travel, size room are also all factors when I think about it.

 

[mustinjourney]

Sell me on one vs. the other. Perks of each? Best place to buy resale? What is even considered a goof resale deal, one that Disney wont say heck no to? Sorry to be so vague, but I'm not sure of how DVC works

ETA- we are a family of 5. mom, dad, 15DD 10DS and 2.5 DS

For pricing -- check out the ROFR threads.

 

[Dean]

Sell me on one vs. the other. Perks of each? Best place to buy resale? What is even considered a goof resale deal, one that Disney wont say heck no to? Sorry to be so vague, but I'm not sure of how DVC works

ETA- we are a family of 5. mom, dad, 15DD 10DS and 2.5 DS

You need to do enough investigation and spend enough time that you can answer these questions for someone else before you proceed. As presesnted SSR will be the best deal/valuer. If the perks of retail are a valid option for you, take that into account up front and buy a 25 pt add on retail after buying resale. Even if you're not sure, I'd likely go ahead and do that so that you'd have options going forward. Every resort and deal is different, I don't think anyone can say definitely what's a good and bad deal if in the ball park. Look at the ROFR thread and consider that a loaded contract is usually a better deal than a stripped contract even when adjusted for points.

 

[Missyrose]

Sorry to be so vague, but I'm not sure of how DVC works

Um...

I've already answered those questions, hence us looking into DVC. My question was about resale vs. Direct, and others experiences. Please don't respond unless you have an actual opinion on the question asked. Its very rude and not helpful.

How is it rude to answer the question? You said you don't know anything about DVC, she was simply filling in the blanks.

Resale saves you a ton of money, but you jump through the hoops Disney has dictated and have to be patient enough to get through the process.

Buying direct is faster and more simple - but you pay through the nose for that simplicity.

Before you even start to determine resale vs. direct, have you picked a resort? Or a UY? Or how many points you need for the way you vacation?

 

[Sammie]

I would advise you learn how DVC works before considering direct buy or resale.

 

[freediverdude]

I agree that you need to do a lot of research before you even consider purchasing, even if you've been to Disney multiple times. Sit and read about how the points work, what they can be used for, the timelines for usage and booking, resale restrictions, how many points you need for a typical vacation you might want to take (do some sample vacations to see how many points you would need to book), and learn about the dues and possible payments if you're financing and whether you can really afford that. And then sit some more and look at all the resorts individually and what they offer and what room types they offer, where they are located, what transportation each has, amenities, point charts compared to the others, etc., with a map of Disney World as reference. There is a lot to learn unless you're an old hat at Disney vacations, and even then it's different than the cash rooms. After doing a lot of research, pick a couple resorts to visit to see if you would really want to stay there consistently, and then go from there.

 

[bumbershoot]

I've already answered those questions, hence us looking into DVC. My question was about resale vs. Direct, and others experiences. Please don't respond unless you have an actual opinion on the question asked. Its very rude and not helpful.

I was going to respond in the same way, specifically because you stated:

Sorry to be so vague, but I'm not sure of how DVC works

If you hadn't stated that, it's very likely no one would have responded as though you aren't sure how DVC works.

 

[suebeelin]

We winged it on our first purchase... Bought resale and didn't know anything about peak dvc season, etc. this was in 2011.

It all worked out bc we added on last year and now know much more than we did.

We are happy with resale.