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 05-06-2013, 08:05 PM   #1
RobynPrincess
Looking around
 
RobynPrincess's Avatar
 
Join Date: Nov 2010
Location: Hampshire, UK
Posts: 709

Buying direct, what negotiation can be done?

We are in Orlando at the moment (staying offsite boo!) and we have met with a guide about buying points, we always thought we would buy resale but as we are overseas we can buy direct with finance and the finance doesn't show on our credit score (big bonus for us as we want to move in a few years).

Our friends bought last year and were 'given' free points when they bought their points. Our guide isn't working at the min so I spoke to a guy on the phone who really spun us a line, he first tried saying he didn't know what we were talking about, then that the offer finished last may and once I told him our friends didn't buy till September he said it was the end of September. He then said it was 10 free points for every 100 points, now our friends said it was more than that so I have no faith in him or what he told me at all.

So what I basically want to know is, can you negotiate with the guide? If it was a case of getting extra points thrown in from Disney, we would probably buy direct for the ease. Plus we have a different sort of finance here in the uk, when we take out a loan we have to pay all of the interest back even if we pay the loan off early, which is different to the Disney finance where we would just pay for the interest we used (as we would certainly pay the loan off early).

Sorry for such a long winded post, and thanks in advance for all of your help!
RobynPrincess is offline   Reply With Quote
Old 05-06-2013, 08:19 PM   #2
lovin'fl
DIS Veteran
 
lovin'fl's Avatar
 
Join Date: Jun 2011
Posts: 3,829

Quote:
Originally Posted by RobynPrincess View Post
We are in Orlando at the moment (staying offsite boo!) and we have met with a guide about buying points, we always thought we would buy resale but as we are overseas we can buy direct with finance and the finance doesn't show on our credit score (big bonus for us as we want to move in a few years).

Our friends bought last year and were 'given' free points when they bought their points. Our guide isn't working at the min so I spoke to a guy on the phone who really spun us a line, he first tried saying he didn't know what we were talking about, then that the offer finished last may and once I told him our friends didn't buy till September he said it was the end of September. He then said it was 10 free points for every 100 points, now our friends said it was more than that so I have no faith in him or what he told me at all.

So what I basically want to know is, can you negotiate with the guide? If it was a case of getting extra points thrown in from Disney, we would probably buy direct for the ease. Plus we have a different sort of finance here in the uk, when we take out a loan we have to pay all of the interest back even if we pay the loan off early, which is different to the Disney finance where we would just pay for the interest we used (as we would certainly pay the loan off early).

Sorry for such a long winded post, and thanks in advance for all of your help!
Direct prices and deals are pretty much set in stone...no negotiating or that's what I've always been told. Here is a link to the current "deals".
http://www.dvcnews.com/index.php/dvc...g-a-promotions
The deals or promotions change from time to time...the free extra points deal is not going on right now.
You may want to search on these boards about buying resale. We just bought AKV via resale for $66/point.
__________________
DVC since 2006
Next trip(s): Nov 3-6 at VWL
lovin'fl is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 05-06-2013, 08:23 PM   #3
RobynPrincess
Looking around
 
RobynPrincess's Avatar
 
Join Date: Nov 2010
Location: Hampshire, UK
Posts: 709

Quote:
Originally Posted by lovin'fl View Post
Direct prices and deals are pretty much set in stone...no negotiating or that's what I've always been told. Here is a link to the current "deals".
http://www.dvcnews.com/index.php/dvc...g-a-promotions
The deals or promotions change from time to time...the free extra points deal is not going on right now.
You may want to search on these boards about buying resale. We just bought AKV via resale for $66/point.
Thanks so much for getting back to me so quickly. That's such a shame about the 'free' points, looks like it might be resale then!
RobynPrincess is offline   Reply With Quote
Old 05-06-2013, 08:34 PM   #4
fmer55
DIS Veteran
 
Join Date: Mar 2012
Location: Long Island
Posts: 523

Quote:
Originally Posted by RobynPrincess View Post
Thanks so much for getting back to me so quickly. That's such a shame about the 'free' points, looks like it might be resale then!
What probably happened was your friends bought in September but bought a UY that was before September. When that happens you get the points for the UY you are in and then you get your points on your anniversary. They spin this as free points but in reality you are paying for them.
__________________
Mike(me), DW, DD7, DD4
fmer55 is offline   Reply With Quote
Old 05-06-2013, 08:38 PM   #5
RobynPrincess
Looking around
 
RobynPrincess's Avatar
 
Join Date: Nov 2010
Location: Hampshire, UK
Posts: 709

Quote:
Originally Posted by fmer55 View Post
What probably happened was your friends bought in September but bought a UY that was before September. When that happens you get the points for the UY you are in and then you get your points on your anniversary. They spin this as free points but in reality you are paying for them.
No that is not what happened. They were given the extra points ie they bought 250 points but each year they have 280 to use and pay dues on 280 points. They still got money off per point and $1000 off. This was another off as well.

They tried that technique with us though, dec UY but we get 2012 years points for 'free'
RobynPrincess is offline   Reply With Quote
Old 05-06-2013, 08:52 PM   #6
fmer55
DIS Veteran
 
Join Date: Mar 2012
Location: Long Island
Posts: 523

Quote:
Originally Posted by RobynPrincess View Post
No that is not what happened. They were given the extra points ie they bought 250 points but each year they have 280 to use and pay dues on 280 points. They still got money off per point and $1000 off. This was another off as well.

They tried that technique with us though, dec UY but we get 2012 years points for 'free'
I stand corrected, that was a nice deal. I never saw that one, we usually get emailed all current offers.
__________________
Mike(me), DW, DD7, DD4
fmer55 is offline   Reply With Quote
Old 05-06-2013, 09:02 PM   #7
RobynPrincess
Looking around
 
RobynPrincess's Avatar
 
Join Date: Nov 2010
Location: Hampshire, UK
Posts: 709

Quote:
Originally Posted by fmer55 View Post
I stand corrected, that was a nice deal. I never saw that one, we usually get emailed all current offers.
A really nice deal one I want lol
RobynPrincess is offline   Reply With Quote
Old 05-06-2013, 09:06 PM   #8
dbs1228
DIS Veteran
 
dbs1228's Avatar
 
Join Date: Feb 2010
Location: CT
Posts: 2,106

Quote:
Originally Posted by RobynPrincess View Post
No that is not what happened. They were given the extra points ie they bought 250 points but each year they have 280 to use and pay dues on 280 points. They still got money off per point and $1000 off. This was another off as well.

They tried that technique with us though, dec UY but we get 2012 years points for 'free'
Just so you know the 2012 points are not 'free' right now for all UY beyond May are still in the 2012 UY so if you bought with a June - Dec UY you would get current points and then once your UY came around you would get your 2013 allotment.

Do the research and the math resale will save you a lot of money. Good luck!
__________________
1995 - 2010 Ft Wilderness Cabins every year! OKW, BLT 2010 & 2011 AKV 2011 THV 2012





Last edited by dbs1228; 05-06-2013 at 09:07 PM. Reason: edit
dbs1228 is offline   Reply With Quote
Old 05-06-2013, 09:34 PM   #9
ELMC
DIS Veteran
 
ELMC's Avatar
 
Join Date: Jul 2011
Location: Connecticut
Posts: 1,981

Quote:
Originally Posted by RobynPrincess View Post
No that is not what happened. They were given the extra points ie they bought 250 points but each year they have 280 to use and pay dues on 280 points. They still got money off per point and $1000 off. This was another off as well.

They tried that technique with us though, dec UY but we get 2012 years points for 'free'
I believe that this deal was introduced shortly after a price increase, and essentially all it did was bring the new prices in line with the old prices for a short period of time. Just remember that no deal that Disney offers is going to get the price per point close to what resales go for.
__________________
ELMC is offline   Reply With Quote
Old 05-06-2013, 10:01 PM   #10
DizBub
Totally Addicted
 
Join Date: Dec 2010
Location: Washington, IL
Posts: 1,876

There was a promotion this time last year, if you bought 100 points at AKV or Aulani you would get 20 points "free" each year = 120 points per year.

Buy 200 points and get 40 points "free" = 240 points per year, 300 points and get 60 "free" = 360.

Of course, you have to pay dues on all the points every year but you didn't have to pay for the intial purchase of the "free" points, resulting in a $2800 savings per 20 points.

Could this be what your friends got?

After this promotion, they offered another one but it was buy 100 get 10.
DizBub is offline   Reply With Quote
Old 05-06-2013, 10:40 PM   #11
Minniesgal
DIS Veteran
 
Join Date: Mar 2013
Posts: 1,891

We bought last year in July and got the offer your guide was talking about. It was indeed 10 free points for every 100 bought. Prior to that they had been offering 20 free for every 100 bought for a short period of time that ended before we decided to buy.
Minniesgal is offline   Reply With Quote
Old 05-06-2013, 11:32 PM   #12
disneynutz


Earning My Ears One At A Time
 
disneynutz's Avatar
 
Join Date: Dec 2006
Location: North Texas
Posts: 17,968

Nothing is free. One way or another the buyer always pays no matter what Disney or anyone else says.

The "deal" may have been free points but the price was bumped to cover the cost.

To answer the OP's question, Disney doesn't deal, they don't have to. I suggest that you factor in the direct cost plus the interest that you will pay on the loan over 10 years to see what an ownership will really cost you.

Bill

__________________

disneynutz is offline   Reply With Quote
Old 05-07-2013, 01:35 AM   #13
TinkTatoo
Has a Tink tattoo on her shoulder
Hooked on Disney Cruises
 
TinkTatoo's Avatar
 
Join Date: Feb 2004
Location: Ireland
Posts: 2,949

Quote:
Originally Posted by RobynPrincess View Post
No that is not what happened. They were given the extra points ie they bought 250 points but each year they have 280 to use and pay dues on 280 points. They still got money off per point and $1000 off. This was another off as well....
As the others have said, it'd not really a deal compared to resale. If you take AKL as an example, 250 points at $140 would cost $35,000 if you take the $1,000 off and then divide the total by the 280 points they have to use then in effect they paid slightly over $121 a point. Now that is a good price for buying direct but for 280 points on the resale market you'd expect to pay around $65 possibly lower.

Unless you need to use Disney finance rather than one from the UK paying $18,200 verses $34,000 makes re-sale a no brainer as I can think of plenty of things to do with nearly $16,000 rather than give it to Disney.
__________________

TinkTatoo is offline   Reply With Quote
Old 05-07-2013, 02:10 AM   #14
wilma-bride
Would love a diet on Cadbury Flakes
Admits she's strange when it comes to eggs
 
wilma-bride's Avatar
 
Join Date: Jul 2005
Location: Wiltshire, UK
Posts: 20,686
DISboards Moderator

Quote:
Originally Posted by RobynPrincess View Post
Plus we have a different sort of finance here in the uk, when we take out a loan we have to pay all of the interest back even if we pay the loan off early, which is different to the Disney finance where we would just pay for the interest we used (as we would certainly pay the loan off early).

Sorry for such a long winded post, and thanks in advance for all of your help!
Just so you know, unless the loan company that Disney use for people buying from the UK (GE Money) has changed, your loan payments will go up. We were unaware of that, thinking it would be a fixed loan like when you get a loan here in the UK (i.e. you pay a certain amount each month for a fixed period). It ws not like that and, within 6 months of taking the loan, we got a letter from GE Money saying that our loan payments were increasing. Not a huge amount (about £2 per month) but I have no idea how often that would have happened over the period of the loan. We paid our loan off about 6 weeks later so it didn't affect us but just saying that, unless it's changed, you might want to take that into consideration.

I'm not 100% sure that you are correct in thinking it doesn't affect your credit score here in the UK either - what I do know is that they don't do a full credit check on people purchasing from the UK, basically (I believe) because they can't - so if you have bad credit, it won't affect your success in getting the loan.
wilma-bride is offline   Reply With Quote
Old 05-07-2013, 07:07 AM   #15
Minniesgal
DIS Veteran
 
Join Date: Mar 2013
Posts: 1,891

That's unusual we are from the UK and our loan payments are fixed for the term. What is also great is you can over pay as much as you want and there are no penalties. We have already reduced the term by 5 years.

Also it doesn't feature on the UK credit agencies so it doesn't come into my credit score at all.n it does however depend on the company they use to finance there are several they use for the UK market.

I have heard about people from the UK who got into difficulties being about to just hand the points back to DVC and walk away with no negative finance but it depended on which finance company had Been used so it is worth looking into the difference dis between the finance companies.

At the DVC interest rates I really wouldn't finance over 10 years. We only financed because our savings were on 90 day notice. Then we decided we wanted to work t paying it off quickly instead of raiding our savings and we will pay it in less than 12 months but have still laid a fair a mount if interest. I wouldn't recommend financing if you don't have the cash to pay off the loan if you need to.
Minniesgal 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 11:19 PM.

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

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