What do opening incentives typically look like for existing owners on new resorts?

[Simba06]

Looking to buy DVC in the next year or so, and would like a contract at both CCV and Poly in the end. Our next trip isn’t likely until late 2023. My current strategy is to look for a resale CCV to use for our 2023 trip, then buy the new Poly resort when jt goes on sale.

My question is what the typical incentives look like for existing owners during the pre-sale phase, is it usually a much better deal than buying as a new owner? Trying to decide if it would be worth it to already be an owner when Poly2 goes on sale. I would day the bulk of our points would be at Poly.

 

[Sandisw]

It is always better for current owners vs. new ones. How much better? No one really knows.

But with VGF, they were really good.

 

[Simba06]

It is always better for current owners vs. new ones. How much better? No one really knows.

But with VGF, they were really good.

Thats what got me thinking. I haven’t been following DVC long enough to see more than 2 resorts open. But the VGF incentives were so good! That would definitely make me pursue buying CCV resale this year a little harder than just my current casual browsing.

 

[Sandisw]

Thats what got me thinking. I haven’t been following DVC long enough to see more than 2 resorts open. But the VGF incentives were so good! That would definitely make me pursue buying CCV resale this year a little harder than just my current casual browsing.

If you know you will buy, then I would. The nice piece is you have time to wait out the resale process and try for contracts at a lower price because you can try again!

 

[UrsulaWantsYourSoul]

With VGF they were especially great right out of the gate. Then of course the more you buy them deeper the incentives too. If you’re buying 50-100 points it doesn’t make much difference.

 

[Squirrel29]

Was there a ownership length to qualify for the incentives?

 

[Sandisw]

Was there a ownership length to qualify for the incentives?

Not the incentives…but if you want to qualify for the better interest rate if financing with Disney, then you need to be a member for one year

 

[Squirrel29]

Not the incentives…but if you want to qualify for the better interest rate if financing with Disney, then you need to be a member for one year

Ah okay. Thanks.

 

[jessica9785]

It is always better for current owners vs. new ones. How much better? No one really knows.

But with VGF, they were really good.

What were they? I remember someone posting a picture of them while they were on sale to members. Do you remember off hand?

 

[Sandisw]

What were they? I remember someone posting a picture of them while they were on sale to members. Do you remember off hand?

Here is some info. I got 300 points at $179/point.

https://dvcfan.com/2022/03/04/spring-2022-direct-dvc-incentives-spotlight-grand-floridian-villas/

 

[Dyefrog]

Looking to buy DVC in the next year or so, and would like a contract at both CCV and Poly in the end. Our next trip isn’t likely until late 2023. My current strategy is to look for a resale CCV to use for our 2023 trip, then buy the new Poly resort when jt goes on sale.

My question is what the typical incentives look like for existing owners during the pre-sale phase, is it usually a much better deal than buying as a new owner? Trying to decide if it would be worth it to already be an owner when Poly2 goes on sale. I would day the bulk of our points would be at Poly.

I think you've hit on a good strategy. Had I known that the VGF incentives for owners would be as good as they are, I would have done exactly what you're planning. No clue if Poly will do the same.

Not being an owner yet, I had no intentions of buying direct and had a CCV contract fall through last summer. As I was still considering trying to get a CCV resale when the VGF reopened for sales, I was amazed that I could have a 200 point direct VGF for not much more than the resale CCV, if I was already an owner. Since I wasn't, had to wait till end of March to see how much of that incentive would be in place for non-owners and was disappointed that it was about $20 more per point. Talking it over with my daughter who is our Disney expert, the mono-rail and value retention of VGF still made it worthwhile for us.

Now I don't know if I want my next contract on the same lake and a MK resort since I already have one so someone will have to convince me that having 2 contracts on resorts that close still make sense which is what you're looking at. It won't take much convincing though as I still plan to stay at CCV from time to time. Topic for another thread.

 

[RoseMom]

This is kind of similar to my plan. I am currently in ROFR for a small contract at SSR. I don't want to be forced to pay $30k at once for 150 direct points. Once a member, I plan to add on direct points in smaller increments with owner incentives. Right now, I am just wishing I had chosen a different resort for my resale contract because SSR is not where I want to buy direct. Oh well, SSR will be a decent place to stay until I can build up direct points!

 

[Robbie Cottam]

This is kind of similar to my plan. I am currently in ROFR for a small contract at SSR. I don't want to be forced to pay $30k at once for 150 direct points. Once a member, I plan to add on direct points in smaller increments with owner incentives. Right now, I am just wishing I had chosen a different resort for my resale contract because SSR is not where I want to buy direct. Oh well, SSR will be a decent place to stay until I can build up direct points!

First SSR, is nice if you are trying to relax on vacation. You might find you enjoy it.
It is nice to be near the springs, enjoy all that locations has to offer.

As far as adding on direct, and I know 10 people will correct me if I’m wrong, I think, your first purchase for Disney needs to be 150 points. I‘ll be the first to admit I may have that wrong too, since it doesn’t effect me, but it might be something you confirm with a Disney guide….

Again, I may be totally wrong with how resale and direct mix….

either way congrats on the SSR

 

[CarolMN]

As far as adding on direct, and I know 10 people will correct me if I’m wrong, I think, your first purchase for Disney needs to be 150 points. I‘ll be the first to admit I may have that wrong too, since it doesn’t effect me, but it might be something you confirm with a Disney guide….

Correct.

If you are not already a Member and want to buy directly from Disney, the minimum purchase is 150 points. That is also the current number of directly purchased points required to qualify for Membership Extras (ME) - aka "Blue Card" Member.

There is no minimum purchase required to buy a resale contract. Anyone may purchase any size contract available, subject to ROFR.

A resale purchase makes you a DVC Member, but does not qualify you for ME. This group is often referred on the DIS as a "White Card" Member. Some Members who purchased only resale contracts are "grandfathered" as Blue Card Members. It depends on the date purchased. The grandfathered Members lose their Blue Card status if they sell the qualifying contracts.

After you are a Member, DVD allows you to directly purchase as few as 25 points to add to your Membership. (Some resorts have a 50 point minimum). Remember that to add on, the new contract must be titled exactly the same as the existing Membership and be the same use year. If not, the 150 point minimum would apply.

 

[hglenn]

Correct.

If you are not already a Member and want to buy directly from Disney, the minimum purchase is 150 points. That is also the current number of directly purchased points required to qualify for Membership Extras (ME) - aka "Blue Card" Member.

There is no minimum purchase required to buy a resale contract. Anyone may purchase any size contract available, subject to ROFR.

A resale purchase makes you a DVC Member, but does not qualify you for ME. This group is often referred on the DIS as a "White Card" Member. Some Members who purchased only resale contracts are "grandfathered" as Blue Card Members. It depends on the date purchased. The grandfathered Members lose their Blue Card status if they sell the qualifying contracts.

After you are a Member, DVD allows you to directly purchase as few as 25 points to add to your Membership. (Some resorts have a 50 point minimum). Remember that to add on, the new contract must be titled exactly the same as the existing Membership and be the same use year. If not, the 150 point minimum would apply.

Just to be clear - you can have a 50 point resale contract at SSR and then add on at member pricing and point minimums, right? So, a 50 point resale owner could add on in 25/50 point increments. Just wouldn't have blue-card status until a total of 150 direct points were owned?

 

[CarolMN]

Just to be clear - you can have a 50 point resale contract at SSR and then add on at member pricing and point minimums, right? So, a 50 point resale owner could add on in 25/50 point increments. Just wouldn't have blue-card status until a total of 150 direct points were owned?

Yes, correct. Many have accumulated (or are in the process of accumulating) the Blue Card direct minimum using that method, probably due to a desire not to finance a large purchase all at once.

 

[Sandisw]

Just to be clear - you can have a 50 point resale contract at SSR and then add on at member pricing and point minimums, right? So, a 50 point resale owner could add on in 25/50 point increments. Just wouldn't have blue-card status until a total of 150 direct points were owned?

To add to what Carol shared, if the minimum for membership extras goes up before you reach it, you will now be required to meet that.

Also, if you get to the 150 using several contracts, and later sell any of those contracts that helped you get there, you lose the status and need to meet the new minimum if it is more.

 

[miTnosnhoJ]

Looking to buy DVC in the next year or so, and would like a contract at both CCV and Poly in the end. Our next trip isn’t likely until late 2023. My current strategy is to look for a resale CCV to use for our 2023 trip, then buy the new Poly resort when jt goes on sale.

My question is what the typical incentives look like for existing owners during the pre-sale phase, is it usually a much better deal than buying as a new owner? Trying to decide if it would be worth it to already be an owner when Poly2 goes on sale. I would day the bulk of our points would be at Poly.

For what it’s worth, the minimum purchase for owner’s incentives back in March was 125 points. At that level, I saved $8 per point.
At 150 points it was $10 per point.
At 200 points, it was $21 per point.
At 500 points, it was $31 per point.
At 1000 points, it maxes out at $33 per point.
There are various gradations in between these amounts.