DVC RESALES
DVC RESALES

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Old 05-03-2013, 01:21 PM   #1
AmyB2006
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Resales through Disney or Somewhere else?

Can anyone cite the main differences between buying a resale through Disney and buying a resale from somewhere else?

I've "heard" that you can't us resale points on DCL. I've also heard you can't use resale points at othe RCI locations. Is this really the case, and what are the other differences?
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Old 05-03-2013, 01:40 PM   #2
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Current Resale Restrictions:
Quote:
Effective March 21, 2011, Members who do not purchase their Ownership Interests directly from Disney will not be able to use those vacation points to make reservations for the Concierge or Disney Collections. Those vacation points can be used only for Disney Vacation Club Resorts and the World Passport Collection.
World Passport Collection = RCI, Club Intrawest & Club Cordial.
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Old 05-03-2013, 01:44 PM   #3
AmyB2006
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Oh, so they are good for other RCI places just not the Disney Adventures then.

What about the DCL? Is there any information on that?

Thank you by the way.
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Old 05-03-2013, 01:46 PM   #4
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Quote:
Originally Posted by AmyB2006 View Post
Oh, so they are good for other RCI places just not the Disney Adventures then.

What about the DCL? Is there any information on that?

Thank you by the way.
DCL is part of the Disney Collection.
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Old 05-03-2013, 01:51 PM   #5
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Quote:
Originally Posted by AmyB2006 View Post
What about the DCL? Is there any information on that?
You cannot use points purchased on the resale market for DCL. You also cannot book the DVC Members cruise (even for cash) if your only points are resale points purchased after the date when the rules were changed.
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Old 05-04-2013, 09:02 AM   #6
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Originally Posted by AmyB2006 View Post
Oh, so they are good for other RCI places just not the Disney Adventures then.

What about the DCL? Is there any information on that?

Thank you by the way.
You've confused me a little so rather than try to fit in with the other posts, I'll just start over because I get the impression you were thinking differently and some of the posts seemed confusing to me. Basically all members have access to the DVC-RCI subset and the Buena Vista Trading company (BVTC) as well as DVC resorts. Unqualified resale points don't have access to the Disney Collection (other Disney hotels or DCL), ABD, or the Concierge Collection. There may (likely will) be other resale restrictions later and resale buyers now will likely not be protected (grandfathered) from any negative changes going forward.
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Old 05-04-2013, 10:27 AM   #7
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I'm Sorry. Yes, you're right.

It's very hard to read "tone" when you're typing and not talking face to face, obviously, but to me, a few of the pp seemed like they were trying to "talk down" to me like I'm an idiot for not understanding the terminology. I don't take well to that.

Thank you for explaining it where it makes sense. Is there a "panties 'un'twisted" emoticon?

I'm not concerned with the points I currently have. The Disney guide explained that they were good no matter where we wanted to use them. I am asking because I know we will want more points in the future. It seems like buying a resale is the way to go. I just wanted to know what the limitations were. I'm trying to figure out if I should purchase a resale or buy direct from Disney like we did before.

Quote:
There may (likely will) be other resale restrictions later and resale buyers now will likely not be protected (grandfathered) from any negative changes going forward.
That's kind of upsetting. You're saying that if you bought a resale today and they made changes a year from now restricting the usage that you wouldn't be grandfathered in? You'd be subject to the new rules?
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Old 05-04-2013, 11:00 AM   #8
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.....(snip)...........You're saying that if you bought a resale today and they made changes a year from now restricting the usage that you wouldn't be grandfathered in? You'd be subject to the new rules?
That's Dean's opinion. While his opinion may be shared by many, that does not make it a given.

No one who posts here knows for sure what Disney may decide to do in the future. You can only make decisions based on what you know to be true right now.
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Old 05-04-2013, 11:02 AM   #9
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In fairness no one really knows what future restrictions may come to resale buyers or whether or not those restrictions should apply to previous owners it is all just speculation. You can only make your decision based on today's information which is you can't use the Disney Collection, Adventure collection or Concierge collection. For me personally the only be of those that bothered me slightly was the Disney collection and only as a back up if I couldn't,t get in to VGC but we decided to buy VGC resale points to remove that problem. I wouldn't use the adventure or concierge collection anyway so resale suits me
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Old 05-04-2013, 03:34 PM   #10
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Originally Posted by AmyB2006 View Post
That's kind of upsetting. You're saying that if you bought a resale today and they made changes a year from now restricting the usage that you wouldn't be grandfathered in? You'd be subject to the new rules?
Legally they could make changes retroactive, I believe this is fact and not opinion. I think it's almost a certainty they would make future restrictions retroactive for non qualified points but it would be DVD'd choice. My opinion is that you're guaranteed potential access to your resort and other club resorts the same as EVERY other owner qualified or not for current club resorts and any future club resorts. I think an exchange company option is likely to continue for all but that the BVTC is at risk and may vanish for resale buyers. Since it is unreasonable to buy DVC for the options that have been restricted, I don't see this as having any real affect on the usability for a given member and ASAMOF, it's likely beneficial because it resulted in lower prices. Truthfully, in the absence of a VIP program of some sort, there's really only so much they can do to you as a resale buyer other than dangle carrots on the other side of the glass.

Here's an example. They could offer an extension of 2042 contracts by buying additional retail points but not for non qualified points
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Old 05-04-2013, 05:20 PM   #11
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Quote:
Originally Posted by AmyB2006 View Post
... You're saying that if you bought a resale today and they made changes a year from now restricting the usage that you wouldn't be grandfathered in? You'd be subject to the new rules?
Resales have been around since shortly after DVC began and, until March, 2011, members who purchased via resale were treated the same as those who purchased direct.

Those who purchased resale after March, 2011 have some restrictions regarding what non-DVC options are available to them, but currently still have access to all DVC resorts as well as the World Passport collection. If DVD should decide to further restrict points acquired via resale, it is within their ability to do so and they could make those restrictions retroactive even though they grandfathered all resale purchases prior to March 21, 2011. (I would personally be shocked if any prior changes were retroactively removed just due to the negative response from those members affected who purchased in good faith at the time.)

Whether more restrictions are added to resale purchases and whether any resale purchases will be grandfathered is fodder for speculation but those with any real knowledge of this have made no announcement. In early 2011, there was some advance announcement of the situation but even that is not guaranteed going forward.

While it is fun to speculate what Disney might do in the future, until they formally announce and implement any change, nothing is official and could be changed. DVC history is filled with announcements regarding resort development, programs, perks, etc that have never come to be part of the program. Resorts at Newport Beach, CA, NYC and even at WDW have been announced in the past (including artist renderings and press releases) and later withdrawn. There have been announcements at the DVC Annual Meeting about programs (like a VIP program) that have never been implemented.

As members all we can embrace at any given moment is what programs, perks, and even resorts are available at that moment because all of that could change (and has in the past) with one piece of mail from DVC to announce a change - typically described as a "program enhancement".

Stay tuned.
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Old 05-04-2013, 05:49 PM   #12
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Quote:
Originally Posted by AmyB2006 View Post
That's kind of upsetting. You're saying that if you bought a resale today and they made changes a year from now restricting the usage that you wouldn't be grandfathered in? You'd be subject to the new rules?
sometimes perks are taken away from direct purchasers as well, if that makes you feel any better.
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Old 05-03-2013, 02:20 PM   #13
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Can anyone cite the main differences between buying a resale through Disney and buying a resale from somewhere else?
just a clarification: you can buy a DVC contract "directly" from disney, even at a so-called "sold-out" resort, but it's not a "resale." it's still a direct purchase.

a "resale" contract is a DVC contract that you buy from someone besides disney.

and if you look at the point charts for the disney cruise and hotel trades, the point costs are very high. it's not a valuable option. (but if you've got the money and want it bad enough, knock yourself out.)
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Old 05-03-2013, 11:06 PM   #14
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Quote:
Originally Posted by chalee94 View Post

just a clarification: you can buy a DVC contract "directly" from disney, even at a so-called "sold-out" resort, but it's not a "resale." it's still a direct purchase.

a "resale" contract is a DVC contract that you buy from someone besides disney.

and if you look at the point charts for the disney cruise and hotel trades, the point costs are very high. it's not a valuable option. (but if you've got the money and want it bad enough, knock yourself out.)
Thanks. I used the term resale I guess so people would know I was not referring to buying new with Disney at top dollar. Yes you're buying direct from Disney but technically you're buying someone else's contract. I liken it to buying a house through a realtor vs without one. I agree it's not a valuable option to use for a cruise, but again, I'm just trying to find out the differences.
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Old 05-04-2013, 12:38 AM   #15
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Whether at a new resort or an older sold out resort if you buy direct from Disney you are paying top dollar.
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