What to do 🤔

[vdangelo239]

To me - direct vs resale is a decision unique to each family - it’s not black and white.

For example - the DVC Sorcerer pass saves my family of 5 $2,000 per year. If my family was smaller - the savings is less and monetary value goes down.

The length of contract also has to be a factor given your age and long term plans - leaving to your kids and such.

In the vast majority of cases resale is the way to go - but over time - many become hybrid members with both for a variety of different reasons.

 

[eticketplease]

To me - direct vs resale is a decision unique to each family - it’s not black and white.

For example - the DVC Sorcerer pass saves my family of 5 $2,000 per year. If my family was smaller - the savings is less and monetary value goes down.

The length of contract also has to be a factor given your age and long term plans - leaving to your kids and such.

In the vast majority of cases resale is the way to go - but over time - many become hybrid members with both for a variety of different reasons.

Glad you were able to save some $$ but as you pointed out it is definitely unique to each Family.

Those that only go once a year or once every two years may not need an AP.

There are people that are FL residents that qualify for that AP as well (We don’t and you don’t but there are many DVC owners that do)

It is certainly a good perk that can and has gone away.

For us the value of using grandfathered resale/direct was not being locked out of resorts. This summer we weren’t able to get all of our days at VGC but we were then able to grab VDH as our points are not restricted.

 

[lowlight]

Brian Noble put it perfectly, but I put the years as 8 instead of 10. Direct < resale < rental if time =<8, else resale. Or something like that.

 

[clbielick]

Now i just have to figure out where to buy my Sleep around points and how much to buy. I think I’d rather purchase one contract as I am not worried about selling it. I figure if it gets bad enough to where I have to sell my DVC I have bigger problems to worry about. Not worried about contract length either,, being in my 50’s how long will I use this? Not past 2042 anyway. This will just for us

have you checked out the historical availability tool? I used this to really get a sense of what is available at 7 months, as it may impact your decision.

https://www.dvcfieldguide.com/availability-tables

I had also been strongly considering beach club (if I could get a good deal)-but as we often need 2 bedrooms, this helped point out that there was a strong possibility I could get one with my boardwalk points at 7 months, but essentially zero chance I could get a boardwalk one at 7 months using BCV points.

If you are interested in 1 bedrooms and/or you really don't care where you stay, you can honestly buy anywhere as those rooms are easy to snag, and then consider what are maintenance fees, and length of contract to determine what is cheapest. (and DEFINITELY look at how many 2024/2025 points are on that contract as those can be a very nice bonus that lowers your per point cost)

 

[DonkeyHoTay]

To me - direct vs resale is a decision unique to each family - it’s not black and white.

For us the value of using grandfathered resale/direct was not being locked out of resorts.

If you are interested in 1 bedrooms … you can honestly buy anywhere as those rooms are easy to snag,

These add up to my strategy. Most of my points are OKW (extended expiration to 2057) and I’ve never even been there because I use those points for SAP. All my points are direct because I don’t want to miss out on booking RIV, CFW and any other new resorts in the future - which is why ownership decisions are unique to each family. Somebody else said it - DVC allows each of us to tailor ownership to our own use case.

 

[mabucco]

I’m currently looking to buy a direct contract after having bought my first contract on the resale market. At first I thought missing out on the member benefits won’t be a problem for me, especially given the huge savings, but I notice that I still ‘want’ those benefits. I’m also looking forward being able to stay at restricted resorts.
From a pure financial standpoint - ‘getting the best bang for you bucks’ - resale absolutely is the way to go in my opinion.

 

[melissa70]

If you are interested in 1 bedrooms and/or you really don't care where you stay, you can honestly buy anywhere as those rooms are easy to snag, and then consider what are maintenance fees, and length of contract to determine what is cheapest. (and DEFINITELY look at how many 2024/2025 points are on that contract as those can be a very nice bonus that lowers your per point cost)

If they have points banked I should expect to pay more and if they are stripped I should pay less? I won’t be going again for a year so would a stripped one be better?

 

[clbielick]

If they have points banked I should expect to pay more and if they are stripped I should pay less? I won’t be going again for a year so would a stripped one be better?

yep exactly. In general, banked points are fairly undervalued (only a few bucks more a point, when you can rent those out for much more, and dues typically already paid on them)-and stripped contracts should absolutely be priced lower-but sometimes aren't! I was in a similar position-my next trip won't be for awhile, so I bought one with 189 remaining of 210 2025 points as that will be sufficient for my upcoming year-hence the per point price was a little cheaper. If I wanted to do a bunch of trips this upcoming year however, I would have purchased a fully loaded contract (or I could have rented them out through one of the sites which make it very easy). The ROFR thread is very helpful and I followed it for a few months before starting putting in offers-although note that some of the deals scored there are a bit atypical!

 

[AstroBlasters]

Now i just have to figure out where to buy my Sleep around points and how much to buy. I think I’d rather purchase one contract as I am not worried about selling it. I figure if it gets bad enough to where I have to sell my DVC I have bigger problems to worry about. Not worried about contract length either,, being in my 50’s how long will I use this? Not past 2042 anyway. This will just for us

The supermajority of us would recommend not buying a large contract. It’s more advisable to break it up. You may want to sell in the future because you want a different home resort, or want points at multiple home resorts, or want to add on some direct points, or because of some major financial or medical event…..

It’s pretty cheap insurance.

 

[melissa70]

I know most people are against buying in at BRV because of the expiration date but what if at my age, it would be beneficial to only have a17 year commitment instead of 10 years longer. At 54, I figure 16-17 more years are all I have left at Disney LOL. I noticed BRV is only one dollar more per point for MF. Or should I just go for the longer contract I just can’t decide. I feel like I need a psychiatrist to walk me through it

 

[tarheellovesdisney]

I know most people are against buying in at BRV because of the expiration date but what if at my age, it would be beneficial to only have a17 year commitment instead of 10 years longer. At 54, I figure 16-17 more years are all I have left at Disney LOL. I noticed BRV is only one dollar more per point for MF. Or should I just go for the longer contract I just can’t decide. I feel like I need a psychiatrist to walk me through it

I think BRV is a great resort. Their rooms have just been refurbished. If staying there would make you happy then you should buy there. We wanted our first contract to be a resort that we loved. We decided the 17 yr commitment was a good fit for us. If you haven't looked at www.dvcforless.com, you should check it out. It's a helpful resource to see all the listings in one place and be able to sort by resort, UY, etc and it will tell you how good a deal a listing is.

 

[VandVsmama]

I know most people are against buying in at BRV because of the expiration date but what if at my age, it would be beneficial to only have a17 year commitment instead of 10 years longer. At 54, I figure 16-17 more years are all I have left at Disney LOL. I noticed BRV is only one dollar more per point for MF. Or should I just go for the longer contract I just can’t decide. I feel like I need a psychiatrist to walk me through it

You don't have to decide right now. I think you should buy where you want to stay. And if there's multiple resorts you're considering, then make a list of pros & cons of each...that might help sway you in one direction over another.

 

[melissa70]

Does anyone think use year really matters? Once it opens, it covers the whole year so why would it really matter?

 

[Wedgeout]

Does anyone think use year really matters? Once it opens, it covers the whole year so why would it really matter?

Think it does. Selection one that works for your travel plans. First purchase can be a range from which to pick and not a specific one. Once have a UY, I’d keep it for all future contracts. For me UY matters for unexpected cancellations, for banking deadlines, and points that end up in holding. Best to chose a UY doing most travel first 9 months of it.

 

[davidhr]

I know most people are against buying in at BRV because of the expiration date but what if at my age, it would be beneficial to only have a17 year commitment instead of 10 years longer. At 54, I figure 16-17 more years are all I have left at Disney LOL. I noticed BRV is only one dollar more per point for MF. Or should I just go for the longer contract I just can’t decide. I feel like I need a psychiatrist to walk me through it

The “problem” with BRV is that it’s overpriced in the resale market. I like it, but the difference in price vs CCV isn’t big enough for me to consider BRV a good deal when you can get 26 more years. Even if you don’t plan to use it that long, it should retain a decent resale value.

Of course, that’s why problem is in quotation marks. It’s not a problem for everyone.

 

[AstroBlasters]

Does anyone think use year really matters? Once it opens, it covers the whole year so why would it really matter?

Yes, it really matters…. even more so if you are getting a contract that expires in Jan 2042 because you only have so many years left.

The reason is because of when the points have to be banked.

 

[AstroBlasters]

I know most people are against buying in at BRV because of the expiration date but what if at my age, it would be beneficial to only have a17 year commitment instead of 10 years longer. At 54, I figure 16-17 more years are all I have left at Disney LOL. I noticed BRV is only one dollar more per point for MF. Or should I just go for the longer contract I just can’t decide. I feel like I need a psychiatrist to walk me through it

If you like BRV better than CCV then go for it. This is a luxury purchase. Some people really want BRV because it a smaller building and want a more quiet environment.

BUT… you said you wanted to try different resorts and so that brings in the questions of VALUE.

Every 2042 resort will be worth $0 in 16 years, whereas every other resort could be sold for something in 16 years.

Also, if the dues are $1pp more then on 150 points that would be an extra $150 for the exact same stay if you are not using the points at a beloved home resort.

 

[melissa70]

Is it true that you can only extend your points for one year? If I purchased a loaded contract with points for 24/25/26 would that mean I must use the 24 points by the end of this year 2025?

 

[AstroBlasters]

Is it true that you can only extend your points for one year? If I purchased a loaded contract with points for 24/25/26 would that mean I must use the 24 points by the end of this year 2025?

By the end of the 2025 Use Year (not calendar year)

 

[tx911]

Is it true that you can only extend your points for one year? If I purchased a loaded contract with points for 24/25/26 would that mean I must use the 24 points by the end of this year 2025?

Your 2024 UY points could be banked into 2025 UY, but would then need to be used or lost in the 2025 UY. Ie you can only bank forward once.