Why so many resales?

[kdzgon]

I think the economy is somewhat responsible but I also think many do not understand DVC until after they buy.

For one, it is not the least expensive way to see Disney World. Also it can be restrictive for those that can not plan a trip 11 or 7 months out.

Dues can become a problem if there is a loss or reduction in income.

Of course it's not the least expensive, but noi everyone wants to stay off site or in a value resort. Some recent promotional offers have also been cheaper, as have been some point rental opportunities, but neither is a "sure bet" (at those levels) for the future. And, depending on the desired accommodations, these other options also require planning quite far in advance. DVC is all about long-term vacation planning, but it also allows for spontaneous trips and the basic cost is a known quantity.

As with any long term commitment including other timeshares, the responsibility can become a burden if income levels change. However, I suspect DVC has more options than many other timeshares, such as selling (at a better value than many other timeshares) or renting points more easily/at a better rate.

 

[18sprint]

I don't believe there is one, single reason. As everyone has indicated, there is a long list of reasons. I can speak personally to one situation I am aware of. Our friends purchased 160 pts at Saratoga Springs on thier honeymoon. They were staying at WL and loving it. About midway through thier trip they were walking through Epcot and see the DVC kiosk and go over to check it out. Within an hour, they are signing papers to become members. That was in 2006. They took thier first and only DVC trip in 2007, haven't been able to get back since. Time from work isn't available for them and frankly, from a financial standpoint, they haven't been able to save enough money to go on the trips. They've been trying to hold on to it by renting out thier points each year but they are looking to sell. I think this is just another example of a typical story where someone didn't do math and research and just thought it would be great to own a piece of the magic.

 

[Slakk]

There are other sellers out there who understood the program when they purchased, made full use of it and feel they got their "money's worth"... but now they are in a different stage in their lives. Imagine the families who purchased back in 1995 while their children were young. They may have purchased add-ons along the way to meet their changing travel needs. Now their kids are grown and perhaps scattered geographically. This family's travel needs have changed. Also, it can be a lot harder to plan a trip 11 months out when you have grown children or extended families traveling rather than just the mom, dad and kids (let's face it, WE set the travel dates when the kids are young!!!). I see a lot of folks who sell one or two of their add-on contracts but retain their original... or perhaps sell their original and keep one of their smaller ad-ons. Several of the contracts we picked up via resale were from owners who retained other contracts and still travel to Disney often.

That would be me. I had around 400 points at one point, we are down to 150 and would be down even further if the economy was not so in the dumps. My son is not as excited about WDW anymore, I am tired of having to plan so much or fight crowds so we have purchased two EOY contracts with Marriott and find that meets our vacationing needs.

I will always keep a DVC contract for the perks for the few times we go but for the most part until DVC gets more off site locations we will be using Marriott

 

[Disnydad]

I'm in the process of selling two DVC contracts, but it is due to us purchasing a house about 23 miles from WDW. We are still keeping two contracts to travel to VB, HH, GC, Hawaii though.