Second contract

[Girlstar30]

I was talking about characters, they are most certainly people in costumes.

Now you got me curious what this performance was… who was doing the singing, when you say Coco, do you mean the kid? (Not Ernesto) And was it the song “remember me” ?

Yeah but Disney fans like characters and dont see it like that, even though thats what it is, meeting characters is very popular even for adults. I guess some Disney fans can not like characters, but Disney is about cartoons characters so I dont really understand that.

The song was remember me and it wasnt the kid. I want to say it was the original singer but im not sure and that could be inaccurate. DVC had it in their story a little bit ago. The member cruises have a lot of unique performances like that, reminds me of D23.

 

[Girlstar30]

What if I don’t have my resale points loaded by December 10? Do They have a way of verifying that you are waiting to become a member? I see that they take forever with resales

They wont know until your title company sends them the info after you close to transfer it into your name. Thats another waiting game for them to do all that.

 

[Girlstar30]

Because I want to book bigger, better and might not want to be locked out of newer resorts

Also, when the 2042 contracts end, resale after 2019 will be locked out of those too

Then you need to be direct. That satisfies everything you want. You'll have more points for resorts and you wont be locked out

 

[sndral]

How do you like owning at AKL? Do you ever try to book the first or second week of December?

Just how difficult is it to book with the 11 month advantage for week one or two in December? I’ve been reading that it’s one of the most popular times in WDW!!

Unlike some others in this thread I’ve owned DVC over a decade, my first home resort was AKV & most of my visits there have been in Dec., either early Dec. or late Dec. including New Year’s Eve. We book 1 or 2 br.s & like Jambo & yes I’ve needed to book at 11 months to reliably get what I wanted for our 10+ day holiday reservations .

Not really a question but I need more points so how should I get them? Direct or indirect ? SSR or Poly?

I suspect you’ll not like my approach because it’s not exciting & there’s a good dose of delayed gratification involved, but here’s what I did .
First, DVC was very much a luxury discretionary spend for me, thus I didn’t buy in until I was maximizing my tax deferred retirement contributions, had reserves to fund college for my son & had built up enough spare cash in my account to pay cash for each contract I bought w/out dipping into my ‘emergency’ funds.
My goal was to spend less going forward than I had been spending on deluxe resorts at WDW. I also abhor paying interest when by waiting a little while I can pay cash & invest the difference, thus enhancing future me’s ability to pay for all the other expensive things involved in visiting WDW.
My first contract was AKV resale - it had enough points that through banking & then borrowing I was able to get 3 years worth of 1 br. stays to enjoy AKV & to do a few split stays & try out my maybe next contract resorts before I really ‘needed’ more points. Meanwhile the spare cash in my account had accumulated enough to buy contract 2 - that took a while because VGF (the ‘next resort’ I liked best) just didn’t have many resale contracts on the market & they weren’t selling it direct (this is before they converted Big Pine Key to DVC,) but I finally found one that matched my use year & was about the size I wanted.
I’ve since added on at each of my home resorts, mostly to take slightly longer vacations & now, after the fun we had last month when I treated my extended family to a week in a 3 br. GV at AKV, I may need to add on yet another small AKV resale to cover return GV visits every 3 years .
I think in my DVC acquisition journey I’ve been the tortoise in the tortoise & the hare race - I’ve slowly & steadily accumulated the DVC portfolio that suits me .

 

[🍀TwinsMom]

I think Poly direct will be great for you. Then you can access all the resorts, past and present, have monorail access, guarantee yourself a good resale if you decide to sell down the line, and blue card perks, such as they are. I like your AK as SAP+. I know the dues are higher because of the animals, but AKJ/AKK are really special, and Jambo at Christmas, the tree and animal gingerbread are GORGEOUS. If you like Wilderness Lodge at the holidays, I think you'll be thrilled with AKJ at the holidays as well. Throw in best food on property, and it's really nice. As well, we love the quiet of the resort during a busy season.

Congratulations! Can't wait to hear when your dashboard is loaded.

 

[marmentrout85]

We absolutely bought where we wanted to stay and I have zero regrets. Having the 11 month priority at multiple resorts was a key factor for us. We also wanted a diverse "portfolio" in regard to MK Resorts and Epcot resorts as we usually like to do split stays; we'll mainly just visit MK when we're staying near there and we'll mainly just visit Epcot/HS when we're staying near there.

I will say that the this way of doing it makes the 7 month window rather boring and uneventful lol.

 

[melissa70]

My big question to myself is still direct vs indirect..the 45k price tag hurts lol

 

[Chili327]

What about when they re-do the 2042 contracts? I’m sure they will put restrictions on them.

Yes, those will be “new ones” if they even redo the contracts for the current resorts, they may just tear them down and build something new.

Disney is about cartoons characters so I dont really understand that.

I get that it all started with a mouse (or technically a rabbit), but Mary Poppins is not animated, & I think there is a lot more to Disney than just animation (not saying it isn’t a huge part).
I’m a big fan of Cars, but not Lightning McQueen, I’m a huge fan of the Jungle Book, but not Mowgli, etc, etc. maybe I’m the odd duck, but to me it’s all about the story telling over the actual characters in the story (animated or not).
Tomorrowland, & Adventureland have huge stories and vibes attached to them without a character needed… although I do like the movies related to them (Jungle Cruise, Pirates, Tomorrowland, etc)

Not trying to argue, just putting my opinion out there for conversation sake.

 

[Girlstar30]

My big question to myself is still direct vs indirect..the 45k price tag hurts lol

You dont have to buy all those points direct, just buy the 150 for direct benefits and the rest resale if price is a concern, I think thats what most people do and what im def going to do.

You do not need to spend 45k to own a direct contract, you can make your direct purchase way lower with incentives and buying the minimum as others have said

 

[Girlstar30]

Yes, those will be “new ones” if they even redo the contracts for the current resorts, they may just tear them down and build something new.



I get that it all started with a mouse (or technically a rabbit), but Mary Poppins is not animated, & I think there is a lot more to Disney than just animation (not saying it isn’t a huge part).
I’m a big fan of Cars, but not Lightning McQueen, I’m a huge fan of the Jungle Book, but not Mowgli, etc, etc. maybe I’m the odd duck, but to me it’s all about the story telling over the actual characters in the story (animated or not).
Tomorrowland, & Adventureland have huge stories and vibes attached to them without a character needed… although I do like the movies related to them (Jungle Cruise, Pirates, Tomorrowland, etc)

Not trying to argue, just putting my opinion out there for conversation sake.

Mrs. Poppins disagrees I didnt take it as an argument, im sure you've heard me in an argument and it ain't this and yes id love to meet those penguins and Mrs. Poppins together

 

[PolyRob]

You dont have to buy all those points direct, just buy the 150 for direct benefits and the rest resale if price is a concern, I think thats what most people do and what im def going to do.

You do not need to spend 45k to own a direct contract, you can make your direct purchase way lower with incentives and buying the minimum as others have said

If buying PVB this does not necessarily make sense while PVB is in active sales.

The delta between PVB resale and direct is negligible when you consider 300 points will get you a better incentive tier and the ability to have 300 points to book one-bedrooms at any restricted resort which is @melissa70 's current plan. 150 direct won't do much for one-bedrooms at Riviera. Plus you can sell all 300 back for MB and have DVC book you a Welcome Home stay with 300 points. DVC won't touch old points for Welcome Home.

 

[Chili327]

You dont have to buy all those points direct, just buy the 150 for direct benefits and the rest resale if price is a concern, I think thats what most people do and what im def going to do.

You do not need to spend 45k to own a direct contract, you can make your direct purchase way lower with incentives and buying the minimum as others have said

This is the way!!
Also having smaller contracts can make a huge difference if you need to downgrade in the future. Buy 150, then buy (add-on) another 50, 100, 150, etc.

 

[melissa70]

You dont have to buy all those points direct, just buy the 150 for direct benefits and the rest resale if price is a concern, I think thats what most people do and what im def going to do.

You do not need to spend 45k to own a direct contract, you can make your direct purchase way lower with incentives and buying the minimum as others have said

I would have no problem with that, but they don’t let you mix your resale points with your direct points. I feel like you need at least 200 points to use

 

[melissa70]

If buying PVB this does not necessarily make sense while PVB is in active sales.

The delta between PVB resale and direct is negligible when you consider 300 points will get you a better incentive tier and the ability to have 300 points to book one-bedrooms at any restricted resort which is @melissa70 's current plan. 150 direct won't do much for one-bedrooms at Riviera. Plus you can sell all 300 back for MB and have DVC book you a Welcome Home stay with 300 points. DVC won't touch old points for Welcome Home.

So..300 points direct

 

[PolyRob]

So..300 points direct

If you want a big chunk I say minimum 250 direct PVB. The incentive tier is much better at 250 points than 150 points. 300 points is only one dollar more in savings per point right now.

You can break the points up into smaller contracts direct. If you buy before your resale contract closes I believe the smallest master contract DVC will sell right now is 100 points. If you wait until after you close and you're already a member you can buy something as small as 25 points. You just can't have more than four contracts for an incentive. IE 300 points could be 75, 75, 75, and 75, not 50, 50, 50, 50, 50, and 50. I would make sure you can easily hold 150 direct points so if you ever do sell you can get rid of everything besides one 150 point or two 75 point contracts and keep all your membership extras.

 

[Girlstar30]

If buying PVB this does not necessarily make sense while PVB is in active sales.

The delta between PVB resale and direct is negligible when you consider 300 points will get you a better incentive tier and the ability to have 300 points to book one-bedrooms at any restricted resort which is @melissa70 's current plan. 150 direct won't do much for one-bedrooms at Riviera. Plus you can sell all 300 back for MB and have DVC book you a Welcome Home stay with 300 points. DVC won't touch old points for Welcome Home.

It depends what shes trying to do. From her owning akv and considering SSR, it seems like she likes to split stay and perhaps shouldnt buy a bunch of direct points at PVB.

She also has expressed concerns about the price and buying resale after a direct contract will lower the price, even if the delta isnt that large.

She may not even like riv or other unrestricted resorts. Her plan isnt to book one bedrooms in solely restricted resorts and she can save a ton of money booking one bedrooms with SSR if she is OK with not using those for restricted resorts and banking and borrowing her unrestricted points for one bedrooms at those resorts.

 

[melissa70]

What is the likelihood of getting a theme park view in either Polynesian Tower or Bay Lake Tower on New Year’s Eve seven months out or even 11 months out?

 

[airjay75]

So..300 points direct

I'm with @PolyRob on this. Take the example I gave you earlier. By bumping up to 300 points from 200, your incentive goes from $11 to $14 per point. After 300, no increase in incentives until 500 points.

Direct 300 Poly points:
300 x $221 = $66,300 - $6,000 (MB) - $500 (D23 Gold) - $1,326 (2% CC cash back) = $58,474
Let's say you break that up into 2 contracts of 150, so an extra $250 on top of one set of closing costs (add an extra $250 if you want to break it up any further - note, you can break it up into a maximum of 4 different contracts when buying direct). So, total effective cost is $58,724.

Resale 300 Poly points:
300 x $165 = $49,500
Unless you find the perfect 300 point or so contract, good chance you'll have to cobble it together in two different contracts. So, let's add $800 or so extra on to the total cost for that or, about $50,300.

$58,474 - $50,300 = $8,174; Spread over the 40 years left on the contract, that is about $205/year more for direct than resale (that doesn't take account of the time value of money which isn't nominal).

Plus, now you have 300 points which can be used at RIV/CFW/VDH/LSL and other new resorts and will qualify for any future direct benefits Disney decides to offer. 300 points is a much better number for securing 1 BR villas both at Poly and other resorts.

If I wanted Poly points, I'd be buying them direct.

 

[Girlstar30]

I would have no problem with that, but they don’t let you mix your resale points with your direct points. I feel like you need at least 200 points to use

You can bank and borrow unrestricted points for one bedrooms at restricted resorts while using your restricted points at poly, Akv, brv etc the other years.

If you want to stay at unrestricted resorts every year then yes I agree ofc all direct

 

[Girlstar30]

I would have no problem with that, but they don’t let you mix your resale points with your direct points. I feel like you need at least 200 points to use

You can have access to 450 unrestricted points buying only 150 direct points if you bank and borrow and rotate using different contracts. Something to consider since youre already going to own resale at a different resort.