Talk me down from buying direct (or don’t)

[Debbie Jean]

Or if Riviera is the first "DVC II" resort to open, the rules for that Club could allow resale owners at Riviera, Reflections, and other DVC II resorts yet to come to trade into any of the spiffy, shiny new DVC II resorts. They just wouldn't be able to trade into the old, outdated DVC I resorts (which will undergo extensive rehabbing and rebuilding once they expire and then be sold as new DVC II resorts).

This is exactly what I was thinking.

DVC II represents an entirely new updated version of the DVC timeshare. A reboot. I think new owners will be able to exchange between the new resorts as they are built. As DVC I is winding down, resale points at new resorts could become very attractive if they allow booking at all the newer resorts. And I can definitely see them renovating repackaging and reselling the original DVC I as new when they expire. Very neat solution.

I don't think you can base your analysis on the present....DVC is looking to the future. I think it's "fasten your seat belt" time with lots of changes coming down the pike in the next few years.

 

[mamaofsix]

I believe the right for the original 14 resorts to book at the other 14 resorts is a right that is attached to the deed of the property and can never be separated. So I believe that they would have a very hard time ever restricting the resales of the original 14 to their home resort only. However there are other restrictions they can do such as extend the home priority period, charge to transfer, etc but that would need to be applied to all owners not just resale.

Glad to hear that it's a right attached to the deed, not a perk that can be removed!

 

[crvetter]

This is exactly what I was thinking.

DVC II represents an entirely new updated version of the DVC timeshare. A reboot. I think new owners will be able to exchange between the new resorts as they are built. As DVC I is winding down, resale points at new resorts could become very attractive if they allow booking at all the newer resorts. And I can definitely see them renovating repackaging and reselling the original DVC I as new when they expire. Very neat solution.

I don't think you can base your analysis on the present....DVC is looking to the future. I think it's "fasten your seat belt" time with lots of changes coming down the pike in the next few years.

It has been confirmed by DVC that starting with Riviera resale buyers at those resorts (Riviera forward) will only be able to use those points at the home resort.

 

[Debbie Jean]

It has been confirmed by DVC that starting with Riviera resale buyers at those resorts (Riviera forward) will only be able to use those points at the home resort.

Yup, you're right, I read that. True for now. Am I the only cynic in the group?

But I've been around long enough to see that things can and do change, so there is always a grain of salt in there for me. In the end it's a business and they will do whatever is necessary to maximize their profit margin. What happens will be very interesting to see, I think.

I like to sit back, watch, and speculate how it will unfold but in the end it's kind of irrelevant to me.. by the time my contracts expire I'll be over 100 years old! LOL But I didn't buy as an investment or some kind of magic... I bought a timeshare... have to say that I've been generally pleased with my purchase.