Resale vs Direct (Again!)

[DougEMG]

I'm personally a big believer in buying resale when there is a big difference between resale pricing and direct pricing. And these days there is a big difference in the two for all the resorts. Once VGF comes out there of course won't be any resale market for VGF, so if you want to own there right away you'll only have one option, buy direct. And I'm sure that this is exactly why many owners are direct buyers, they wanted the resort when it came out.

The major disadvantage to buying resale is that it can take a minimum of 2 months before you have access to your points. The other disadvantage to resale is that any resale purchases made after March 21, 2011 are not eligible to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. I don't use either of those 3 things so it isn't a problem for me. I was also never in a hurry to use my points so I didn't care even if it took me 5-6 months to get a contract resale.

If I could have afforded to buy BWV direct when it first came out, I would have, instead I ended up waiting till I could afford to buy it resale (many years later).

So my advice is buy only what you can afford, understand what it is you are buying and then enjoy what you've bought.

P.S. Like ELMC I've come across a lot of people having to sell their DVC contract because they could no longer afford it and their loans are for more than resales are going for.