This is DVC's way of justifying their Direct Premium for new Properties. Save $100 a point resale but stay at only home resort. Pay $100 more direct and you get all DVC resorts to stay at. Only problem is with this theory is DVC is forgetting about the 14 other properties available resale that don't have this restriction. lol. So it doesn't work that way.
The way I'm looking at it is that I'd like to have the opportunity to sell my contract and get a decent amount of the up front cost out of it. I didn't necessarily buy with a plan on selling the contract, but it's hard to say what the situation will be 10, 15 or 20 years down the road. I think at some point we'll want to buy in direct as Disney keeps adding more resorts and we're locked out of those resorts. Riviera is nice, but it's not somewhere we absolutely want to say. There will probably be some future resort that ends up driving us to buy direct and to do so we'll probably sell our resale contract.
CCV is still in active sales and has incentives against it. 300 points now would be $185/point. Not as great as $163, but not $220. I bought during the summer incentives last year, and got CCV at $175/point, and RIV at effectively $148/point.
The big problem with people thinking that they are getting something tangible by being able to stay at other resorts is they are actually costing themselves extra trips to Disney. Lets say you want 250 points at VGF. That $25,000 you save by buying resale will get you get you over 50 nights at Riviera on the cash side. Or, you can take that $25,000 and buy 200 resale points at Riviera.
I read the whole thread and I missed one key question: Have you stayed at either/both resorts? Things can look very different on paper than they are in real life.
Don't forget the backpack! We are new white card members and have some serious FOMO about the backpack.
If we do buy direct in the future, it would be to have some non-restricted points to use at any future resort.
And the backpack!
I went from a new white card owner in December to now an owner of 2 backpacks and 4 magnets a few weeks later. I'm proud of my $3k backpacks
It’s on our refrigerator! over the years we bought quite a few contracts direct, but this was the first magnet given with a back pack!OUCH, did you HAVE to mention the magnets?!
I am an owner there since June 2019 and don’t regret our purchase (yet). As someone new to DVC researching it is hard to get unbiased opinions on DVC as it is now. A lot of the long term owners view it as a true investment because a lot of people have actually made money buying and selling their timeshare. That is really unheard of in the timeshare world and something I didn’t even care about. In my opinion the decision to purchase DVC was a comparison of DVC costs versus cash stays. In my opinion, the only question you need to ask yourself is will you be happy spending XX number of days every year at WDW for at least the next 8 - 10 Year’s? The number of days will equal the number of points you should try and purchase. If that answer is yes then I would look at your finances, resort preferences and incentives and pick the resort that fits your family. For us that ended up being RIV for a lot reasons. We visited and loved the skyliner. We are a younger family so we wanted a long contract duration. We were unsure of family size so we needed 5 person studios. We wanted access to parks without busses.
