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 06-20-2013, 09:59 AM   #1
disneyworldaddict
Mouseketeer
 
disneyworldaddict's Avatar
 
Join Date: Feb 2010
Location: entirely too far from WDW...NJ
Posts: 417

Getting started

Would someone please explain in vacation club for dummies language, how this works. What's the minimum amount of points you must buy, how many days does it get you and how much is it? Do you pay upfront or by installments? And do you pay any other additional fees?
__________________
1972 offsite, 1974 Poly, 2002 Movies, 2003 offsite, 2004 Music, 2005 CSR, 2006 CBR, 2007 Pop, 2008 POR AB,2009 CBR, 2009 Pop, 2010 CBR, 2010 Poly, 2011 AKL, 2011 POP, 2012 FWCCs, 2013 pending

disneyworldaddict is offline   Reply With Quote
Old 06-20-2013, 10:16 AM   #2
jerseyduke
Mouseketeer
 
jerseyduke's Avatar
 
Join Date: Jan 2013
Location: Northern NJ
Posts: 309

It is a point based system.

There are different types of rooms, at different resorts, each requiring different point values for a stay, and those point values differ on the times of year. Friday and Saturday nights are more points than week nights.

Easiest way is to go to dvcrequest.com and use the points calculator to get an idea.

However many points you buy, you get that many every year (on your use year date)...you can bank 1 year, and borrow one year, so in technically you can have up to 3 times the amount of points you purchased available to you.

For Example, I just bought 150 points at Grand Floridian with an April Use year.
I have 150 points from this year available to me, and I can borrow against next years. If I do not use any between now and next april, I can then borrow my 2015 points, giving me 150 from 2013(banked-unused), 150 from 2014(current) and 150 from 2015(borrowed) giving me access to 450.

I am planning on going in December, and I need more than 150 for what I want, so I will use all this years, and I will be borrowing some from 2014.

You can pay up front, or disney does offer financing options (at a not so friendly interest rate)
jerseyduke is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 06-20-2013, 10:20 AM   #3
chalee94
I thought all sand was ground up rocks
He's used to walking n00bies
 
Join Date: Aug 2006
Location: Winston-Salem, NC
Posts: 7,704

Quote:
Would someone please explain in vacation club for dummies language, how this works. What's the minimum amount of points you must buy
25 pts for a resale (that won't get you very far, though.)

i think the minimum for direct purchases is either 100 pts or 160 pts.

Quote:
how many days does it get you
there are point charts linked in the top right-hand corner of the screen. points needed for a reservation vary by time of year, size and type/view of accommodation and resort. take a minute to look at those.

Quote:
and how much is it?
depends on how many pts it takes to vacation the way you like. also depends on whether you buy direct or resale.

i started with a small resale contract for less than $4000 upfront and only $17 or so per month in maintenance fees (also called annual dues).

others have spent tens of thousands very quickly and easily.

Quote:
Do you pay upfront or by installments?
disney's interest rates are pretty high (over 10%), so you'd be smart to pay upfront or stick to renting or otherwise paying cash for your vacations.

Quote:
And do you pay any other additional fees?
there's a sticky - "DVC resource thread" - that you should read. it lists annual dues per pt for each resort (along with the historical numbers for reference).

other than the upfront cost and the annual dues, there are no additional fees (unless you want to trade out of the system for non-DVC timeshares, cruises, resorts, which is not a very good value.)
__________________
-Charles

chalee94 is offline   Reply With Quote
Old 06-20-2013, 10:29 AM   #4
jerseyduke
Mouseketeer
 
jerseyduke's Avatar
 
Join Date: Jan 2013
Location: Northern NJ
Posts: 309

minimum for direct purchase is 100 at the Grand Floridian for new DVC members, existing DVC members were allowed to buy 50.
jerseyduke is offline   Reply With Quote
Old 06-20-2013, 10:35 AM   #5
lovin'fl
DIS Veteran
 
lovin'fl's Avatar
 
Join Date: Jun 2011
Location: Too far north
Posts: 3,275

New member buying direct is a 100 point minimum. Here is a link to current direct pricing; http://www.dvcnews.com/index.php/dvc...g-a-promotions

Resale will save you a ton of money. You will need to pay in full (deposit when your contract goes to right of first refusal and then final payment of balance when contract closes...takes about 60-75 days to buy resale, from offer to access of points) or secure your own loan. With direct, Disney has financing available. For the annual dues, we pay them all in January but I think there is a payment plan you can opt for with those (I don't know much about it).
__________________
UP NEXT: Aug 12-17: SSR and BWV (just DDs and I) then Aug 17-22: HHI (all 5 of us)
lovin'fl is offline   Reply With Quote
Old 06-20-2013, 10:40 AM   #6
lovin'fl
DIS Veteran
 
lovin'fl's Avatar
 
Join Date: Jun 2011
Location: Too far north
Posts: 3,275

Quote:
Originally Posted by jerseyduke View Post
minimum for direct purchase is 100 at the Grand Floridian for new DVC members, existing DVC members were allowed to buy 50.
Can still buy new direct at BLT and Aulani...and can buy direct at all other resorts too (they call them 'classics' now)...100 minimum. Existing members can buy 25 points direct at any resort.
__________________
UP NEXT: Aug 12-17: SSR and BWV (just DDs and I) then Aug 17-22: HHI (all 5 of us)
lovin'fl is offline   Reply With Quote
Old 06-20-2013, 10:44 AM   #7
jerseyduke
Mouseketeer
 
jerseyduke's Avatar
 
Join Date: Jan 2013
Location: Northern NJ
Posts: 309

Quote:
Originally Posted by lovin'fl View Post
Can still buy new direct at BLT and Aulani...and can buy direct at all other resorts too (they call them 'classics' now)...100 minimum. Existing members can buy 25 points direct at any resort.
I was unaware of this, I thought others were sold out. So I can buy points at Fort. Wilderness? Is that true of new members? Is that for existing DVC members?

Fort Wilderness is next on my list, i assumed I would have to go through the resale market

Last edited by jerseyduke; 06-20-2013 at 10:58 AM.
jerseyduke is offline   Reply With Quote
Old 06-20-2013, 12:12 PM   #8
chalee94
I thought all sand was ground up rocks
He's used to walking n00bies
 
Join Date: Aug 2006
Location: Winston-Salem, NC
Posts: 7,704

Quote:
Originally Posted by jerseyduke View Post
I was unaware of this, I thought others were sold out.
thanks to a steady stream of foreclosures and ROFRs, nothing is ever really "sold out."

Quote:
So I can buy points at Fort. Wilderness? Is that true of new members? Is that for existing DVC members?
there is no DVC at fort wilderness. do you mean the villas at wilderness lodge (VWL)? that is still an option for both new and exisiting DVC members - it expires in 2042 whether you buy direct or resale, though.
__________________
-Charles

chalee94 is offline   Reply With Quote
Old 06-20-2013, 12:17 PM   #9
RebelSoul
Mouseketeer
 
RebelSoul's Avatar
 
Join Date: Jun 2013
Location: Litchfield Hills, CT
Posts: 124

Quote:
Originally Posted by jerseyduke View Post
I was unaware of this, I thought others were sold out. So I can buy points at Fort. Wilderness? Is that true of new members? Is that for existing DVC members?

Fort Wilderness is next on my list, i assumed I would have to go through the resale market
Fort Wilderness is not a DVC resort. I assume you might have meant the Villas at the Wilderness Lodge.

You can buy points at the sold out resorts as Disney is always scooping points up when they exercise ROFR. You can call your guide and be put on the waitlist to buy points from any of the resorts. It's cheaper to buy resale, however.
__________________
RebelSoul is offline   Reply With Quote
Old 06-20-2013, 01:44 PM   #10
Deb & Bill
DVC-Trivia Contest, Apr-2006: Honorable Mention
 
Deb & Bill's Avatar
 
Join Date: Mar 2000
Location: USA
Posts: 44,413

In dummie language, it's a timeshare. You have initial costs and annual costs. It just provides lodging.
__________________
Deb - DVC Member since '97
OKW and VWL Homes

Stop the madness. No more DVC construction.
Bring back Vacation Magic. Dump Disney Files!
Stopped drinking the Kool-aid long ago.
Deb & Bill is offline   Reply With Quote
Old 06-20-2013, 02:31 PM   #11
disneyworldaddict
Mouseketeer
 
disneyworldaddict's Avatar
 
Join Date: Feb 2010
Location: entirely too far from WDW...NJ
Posts: 417

Quote:
Originally Posted by Deb & Bill View Post
In dummie language, it's a timeshare. You have initial costs and annual costs. It just provides lodging.
Yeah thanks.
__________________
1972 offsite, 1974 Poly, 2002 Movies, 2003 offsite, 2004 Music, 2005 CSR, 2006 CBR, 2007 Pop, 2008 POR AB,2009 CBR, 2009 Pop, 2010 CBR, 2010 Poly, 2011 AKL, 2011 POP, 2012 FWCCs, 2013 pending

disneyworldaddict is offline   Reply With Quote
Old 06-20-2013, 02:55 PM   #12
jerseyduke
Mouseketeer
 
jerseyduke's Avatar
 
Join Date: Jan 2013
Location: Northern NJ
Posts: 309

yes i meant wilderness lodge, not fort wilderness
jerseyduke 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 08:39 AM.

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

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