TSS vs DISNEY?

[gallam5]

If there is a thread to this ... feel free to post the link for me -as I am l@@king for it... thanks!
Otherwise - here's the scoop
Presently in the process of purchasing through TSS and now wondering IF we should have done this through Disney directly?
What is the difference - I can see that you can purchase just about anywhere, I can see that you save money ( I think )
I have experienced excellent customer service so far from TSS ...
just wondered, as I have read and heard that Disney offers more incentives...
and that its always 100% guaranteed - if you are financing. We looked into financing through our bank and rates are too high - plus I don't even know if I CAN finance through TSS - being from Canada!!!
In addition with TSS Disney has RORF (?) - but Disney only offers 4 DVC resorts - TSS offers all - ( did I say that already! )
GRRR - maybe just sprouting some chicken feathers! ( as another poster said - I liked that quote! )
Oh yeah and even though we want to initially finance, we also want the option to pay off asap!
I THINK that's about it --- FOR NOW!
Anyhow - just for conversation sake to indulge me and/or reaffirm our decision to keep moving ahead with TSS...

 

[DisneyTripper]

I had a very smooth experience purchasing through TSS. The reason I purchased through them and not Disney was so that I could buy a smaller contract. I bought 100 pts and I'm planning for a 50pt add on in the future. I think Disney requires a larger initial purchase.

Welcome Home soon!

 

[theoarn]

We purchased through TSS and got excellant service. We went through them because they got us a better price and the size of contract that we wanted.
Theo.

 

[chalee94]

...but Disney only offers 4 DVC resorts - TSS offers all - ( did I say that already! )

you can buy any of the resorts directly from disney, but you may have to be firm to buy a "sold out" resort (i.e. one that they are not currently geared up to sell.) OTOH, you may not be able to find any BLT contracts at TTS...

in general, i had a great experience with TTS and would generally agree that you can get points more cheaply at older resorts.

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.

 

[Disney_Villain]

A quick note from another Canadian DVC owner: You don't want a loan in USD, whether through 3rd party via TTS or through DVC. Two reasons:

1. Interest rates are a lot higher in the USA - if you think Canadian banks have high interest rates, take a look at what US interest rates are.
2. The CAN/USD exchange rate can work against you over the time you repay your USD loan. Right now, the 1 CAN$ is worth $0.89 - it dropped 6 cents in a week!

 

[mickeymorse]

We just purchased resale back in Jan. We used our secured line of credit to do it. This way we can pay off as much as we like when we like. There are so many resales out there that finding something you like shouldn't be difficult. And if you aren't in a hurry to book a trip (6-8 wks from the start of process) you should be in Disneys system. Passing ROFR of course. It can save you quite a bit o money. Remember, once you are in the system, you may purchase direct through Disney for as little as 25pts.