What Is The Difference Between Purchasing Direct And Resale Dvc
Another major difference between buying direct and resale is the convenience and cost of financing. Disney has its own lending arm so they can quickly get the financing you need. However, financing a resale property could be more difficult. There are third-party timeshare lenders as well as some resale companies can help facilitate the process of getting a loan with one of them. The interest rates for financing through third parties tend to be pretty high, though Disney's rates are similarly high.
To be honest, the expenses of paying for a DVC membership, regardless of who you make the loan from we find to be too expensive. We suggest that you open saving accounts when you don't have the reasons to sell dvc. If you decide to finance your purchase, consider all alternatives before deciding to take the Disney financing. Sometimes it makes more sense to use a lower-interest line of credit from your credit union or bank If that's the case.
Buying DVC
If purchasing directly from Disney, you can buy the exact amount of points you want and resell it. However, with resales you need to purchase a whole contract, and you'll have to either be flexible about size or wait for one that's the size you want to purchase. Directly purchasing means that you have to purchase an amount of points in order to become an active member. But, you are able to nevertheless purchase any size contract through dvc resale, up to 25 points. There are a variety of 100-180 point contracts available on the marketplace for resales but there are few of them are either large or small.
DVC points
Important note: recently bought points from resales do not enjoy the same rights as points purchased directly from Disney. Any points dvc resale regardless of the date they were acquired are able to be used to reserve a room at any Disney Vacation Club resorts adventurer collections.
Be aware that DVC points are not well-suited to redeem redemptions that were canceled in 2011. The exchange options that are special like Disney Cruises or the Concierge Collection require a large amount of points, and the value you are getting from your points is extremely small - to the point that if you purchase DVC points directly and only used them to exchange cruises for cruises, you might never be able to break even on your purchase. If you spend a one-year's worth of DVC points to purchase Disney Collection or Concierge Collection there is no actual benefit, as you're pushing back your break-even point on the first purchase by around an additional year.
You could lease your points in exchange for cash, or utilize the cash to purchase an excursion or other exchange. The most financially valuable usage of DVC points is to stay at DVC resorts, and points purchased in the resale market can be used to do that. If you wish to make use of DVC points to take an Disney cruise, or stay at an un-DVC Disney resort, you will be required to purchase the points directly from Disney.
Final Words
DVC purchases can be a means to commit to an annual Disney vacation with your friends and family. For some , this may outweigh any financial considerations. It is up to you to determine whether DVC membership is a good fit in your particular situation.
