DVC RESALES
DVC RESALES

Go Back   The DIS Discussion Forums - DISboards.com > Disney Vacation Club > Purchasing DVC
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 01-25-2013, 04:17 PM   #16
fmer55
DIS Veteran
 
Join Date: Mar 2012
Location: Long Island
Posts: 523

Quote:
Originally Posted by Sandisw View Post
I think you should probably cancel the direct purchase and consider resale. First, while the directly purchased points can currently be used for cruises, that is a perk and not guaranteed. Disney can eliminate that at any time for everyone. Plus the points for cruises are no fixed and can go up every year.

In terms of finance, I am not one that says you can't. Does it add to the cost of buying? Sure and should be part of hr equation, but if you are continuing to go to Disney and pay cash rates, even with a discount, year after year, the to me, I don't necessarily think financing is a no no. We looked at things when we bought in terms f what I was paying for our cash room and what my DVC payments would be. If buying, even with finance, was no more than what I'd continue to pay for my yearly trips--which I was not willing to give up, then we were fine, especially since I was getting bigger rooms. But, given the difference in cost, you may be able to start small and pay cash and go from there

Good luck!!!
With all due respect, I feel it is bad advice for OP to even consider buying resale. She stated she likes staying in values. Right there it is enough to not buy direct or resale. Paying for DVC does not make sense against staying in values.

Also, OP even stated she doesn't know if kids will even want to go to Disney more than once, ever.

RENT!RENT!RENT!
__________________
Mike(me), DW, DD7, DD4
fmer55 is offline   Reply With Quote
Old 01-25-2013, 05:07 PM   #17
heynowirv
DIS Veteran
 
heynowirv's Avatar
 
Join Date: Dec 2008
Location: Cheltenham, Pa.
Posts: 855

Quote:
Originally Posted by nuts4mickey3410 View Post
You won't use the points on a cruise because 175 points even doubled up wouldn't pay for the cruise. Do you really want to pay monthly for years that you use once or twice a year. With the vacation club your buying the dining plan each stay along with park passes. So no more great deals with free dining or park passes. The timeshare store has awesome deals on points though. What Disney charges roughly $135 is $65 at the timeshare store

I am a dvc member it costs me $940 a year in dues for maintenance. I go a few times a year it stills costs thousands just in dining tickets plane fare and spending money

I love it I do but make sure you want to make that commitment. The dues kill me and I didn't finance my dvc.

Good luck. You will make the right decision for you and your family :-)
Yes-The Timeshare Store ,Fidelity,DVC resale and i think there is 1 more company out there? All reputable to talk to about resale ownership.
heynowirv is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 01-25-2013, 05:15 PM   #18
Sandisw
Moderator
 
Sandisw's Avatar
 
Join Date: Nov 2008
Location: Syracuse, NY
Posts: 9,687
DISboards Moderator

Quote:
Originally Posted by fmer55

With all due respect, I feel it is bad advice for OP to even consider buying resale. She stated she likes staying in values. Right there it is enough to not buy direct or resale. Paying for DVC does not make sense against staying in values.

Also, OP even stated she doesn't know if kids will even want to go to Disney more than once, ever.

RENT!RENT!RENT!
Not everyone is cut out to rent. When you rent, you have absolutely no control over your reservation at all and that is something you really need to be comfortable with. Personally, I would never rent and prior to owning DVC, never considered it a viable option, no matter how much money it might have saved us.

Right now, you can probably get a 50 point contract for some of the Wdw resorts for less than $4000. With an every other year plan, that could get you a five night trip. Every third year, a few more nights. And, a studio would certainly be on par with a value. So, while I completely agree with you that DVC is certainly not for everyone and if one is satisfied with values, it might not be worth it, but, IMO, there is certainly no harm in advising some to investigate the resale market to see if it might meet there needs.
__________________
Sandi



Sandisw is offline   Reply With Quote
Old 01-25-2013, 07:12 PM   #19
Lizard Valley
Mouseketeer
 
Join Date: Sep 2012
Location: Montreal, CANADA
Posts: 302

Quote:
Originally Posted by joni4122 View Post
BTW, sales guy says points are going up in March to $165.
165$?? Seriously? Didn't they just have a price increase, like just last month?

I think the going rate for AKL resale right now is $55 (most likely through Fidelity) to $65 (if it's a TTS contract). And going down every day...

Anyhow, it's a common sales tactic to say that the price is going up tomorrow.
Lizard Valley is offline   Reply With Quote
Old 01-25-2013, 07:45 PM   #20
ELMC
DIS Veteran
 
ELMC's Avatar
 
Join Date: Jul 2011
Location: Connecticut
Posts: 1,981

Quote:
Originally Posted by Lizard Valley View Post
165$?? Seriously? Didn't they just have a price increase, like just last month?

I think the going rate for AKL resale right now is $55 (most likely through Fidelity) to $65 (if it's a TTS contract). And going down every day...

Anyhow, it's a common sales tactic to say that the price is going up tomorrow.
Yes, and it's so common because it works. Sigh.
__________________
ELMC is offline   Reply With Quote
Old 01-25-2013, 07:55 PM   #21
heynowirv
DIS Veteran
 
heynowirv's Avatar
 
Join Date: Dec 2008
Location: Cheltenham, Pa.
Posts: 855

I understand. I was referring to the points required at AKV. Salesguy was saying that 100 points would be enough to book a studio there vs a one bedroom which would require more -- most especially for SV, which he also said is an absolute MUST when he stays there. Without being able to see the animals, "you might as well be at Old Key West," I believe was the actual wording he used.[/QUOTE]

Now your sales guy really sounds pretty pompous to me, because OKW is a really beautiful laid back resort. For him to slam one DVC resort to sell another
is beyond believable.
heynowirv is offline   Reply With Quote
Old 01-25-2013, 07:57 PM   #22
jcjen519
DIS Veteran
 
Join Date: Jul 2011
Posts: 1,402

cancel! your situation makes me feel panicky! I didn't even know you could finance dvc points. We were given 2/3's of ours from my grandfather and paid cash for the rest. don't finance dvc points. just don't. would you put a vacation on a credit card?!
__________________

2015 June 6 days akv- club level March- 9 days Boardwalk villas spring break January GF RPC and disney dream 2014: December: YC CL, 12/12 dream concierge, 10 days AKV-CL October 3 days Grand Floridian Halloween Party TripJuly: 4 days boardwalk villas/Boardwalk Inn club level June -1 day OKW, 8 days GF RPC May - 4 days GF RPC march-April - 10 days Poly cl/ 2013: Bay Lake Tower TPV, fantasy concierge, bc cl, poly cl (2x), gf sl, vero beach resort 2012 - Vero beach resort, OKW, Poly cl 2011 - Disney Dream and AKV- Kidani (our son's first disney trip) 2010 Disney's Vero Beach Resort 2009 Disney's Vero Beach Resort (our son's first vacation)
Husband, myself and 5 year old son
jcjen519 is offline   Reply With Quote
Old 01-25-2013, 07:59 PM   #23
heynowirv
DIS Veteran
 
heynowirv's Avatar
 
Join Date: Dec 2008
Location: Cheltenham, Pa.
Posts: 855

Quote:
Originally Posted by heynowirv View Post
I understand. I was referring to the points required at AKV. Salesguy was saying that 100 points would be enough to book a studio there vs a one bedroom which would require more -- most especially for SV, which he also said is an absolute MUST when he stays there. Without being able to see the animals, "you might as well be at Old Key West," I believe was the actual wording he used.
Now your sales guy really sounds pretty pompous to me, because OKW is a really beautiful laid back resort. For him to slam one DVC resort to sell another
is beyond believable.[/QUOTE]
heynowirv is offline   Reply With Quote
Old 01-25-2013, 08:52 PM   #24
disneynutz


Earning My Ears One At A Time
 
disneynutz's Avatar
 
Join Date: Dec 2006
Location: North Texas
Posts: 18,401

Quote:
Originally Posted by Lizard Valley View Post
165$?? Seriously? Didn't they just have a price increase, like just last month?

I think the going rate for AKL resale right now is $55 (most likely through Fidelity) to $65 (if it's a TTS contract). And going down every day...

Anyhow, it's a common sales tactic to say that the price is going up tomorrow.
My thought is that they want to increase the cost to get ready for another discount offering and to get ready to price GFV at $185 per point, but if you buy 160 points, we are so nice that we will give you ice cream and take $10 off per point.

Bill
__________________

disneynutz is offline   Reply With Quote
Old 02-01-2013, 09:37 AM   #25
standardgirl
believing in magic
 
Join Date: Jan 2010
Location: Switzerland
Posts: 177

Based on what you posted, I would say go ahead and cancel. At least cancel and then do your math/calculation to figure out if DVC really works for you based on your vacatinoing habit and financial situation.

My parents almost bought DVC back in 2002 but at the end didn't for whatever reasons. Yes, I sort of regret that they didn't buy it, because it would've been so much cheaper back then! But do I really regret? Probably not. Because we were not tied to DVC or Disney, I got to travel around the world for holidays with my family. I appreciate having the option to be flexible and certainly am thankful that I'm lucky enough to have been to so many different countries. If my parents had tied us all in with DVC, my memory in high school and college would probably be Disney only.

Fast forward some years, I've finished school and lucky enough have a decent job. I bought DVC onboard a cruise in 2009 - no financing. Even though I didn't have the intention to go to WDW regularly when I bought in 2009, my calculation said that if I use DVC primarily for the Club Cordial resorts in Austria every year/2 years for my ski holidays, this would still be a very good deal and pay itself in 8-15 years. However, when I got home, phoned DVC and started looking into actually booking for Club Cordial (or least plan for that), I discovered something problematic - the Club Cordial exchange point chart was never published early enough! I was told that DVC won't have those points (and hence can't make booking) for the following year until something like in the fall of the previous year. Now, ski season would be Jan to March in Austria and given that it's a prime season, I highly doubt that I'll ever find any availability given the limitation as to how early I can book those stays. I called DVC and asked to cancel the purchase before the 14-day period ends. The attitude of the lady on the phone was not the best - very different from when I met her on the cruise! She's not a guide, but she was like one of the two others working with the guide on the cruise. My guide wasn't available when I called. Anyhow, I insisted on canceling and that's it. No more DVC.

A few years later, I bought Aulani while we were vacationing there. Priorities have changed and despite us currentyly being roughly a 24-hour flight away to Honolulu, I am just so in love with the island. I bought only a small contract so that we can go once every other year or so. One other reason that I bought it now is because I figure that with (hopefully) kids coming in the future, it's probably cheaper to own today than to buy 5 years from now - if I will definitely buy 5 years from now, then it makes sense to just buy today (given that I have the cash today already - could be different if you are financing today but would have the cash later).

Now, do I regret canceling in 2009 now that I am an owner? Yes and no... Yes because I was buying GVC in 2009 and it would've probably been easy to re-sell those (given the sold-out status) No, I don't really regret because it simply didn't suit my needs at the time and it does now. I don't remember exactly how much per point GVC was when I bought in 2009, but I did get a good deal at Aulani with the special offer which made it a rather good value direct purchase. Perhaps if I ended up having to pay more, I would've regretted more for not keeping my purchase in 2009.

Anyhow, the bottom line is, you should only buy DVC if it makes sense. When in doubt, best to cancel it and think through the purchase again.
__________________
DVC Member Aulani (2012) & VGF (2013)
Upcoming Disney holidays...

2009 Bahamas Wonder | 2010 Mediterranean Magic | 2011 Alaska Wonder | 2012 Canada Magic | 2013 Western Fantasy
Tokyo x2 | California x2 | Florida WDW x6 | Hong Kong x1 | Paris Disneyland in planning
2013 ABD Peru

wendy rich dale tinker dora | purring forever chip (2003-2007)
standardgirl is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DVC-Resales.com | 1-800-550-6493 (Contact The Timeshare Store) | DVC Resale Listings

facebooktwittergoogle plus youtube itunesDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 12:40 AM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.