best resale websites for DVC?

[Babsy]

Hello,

Potential first time DVC buyer......in our late 60's, retired. hoping to travel to WDW for the next 10 years or so, then give any remaining points to our children's families to use.

So, with price increases to stay at WDW, we have decided that it may be a good time to invest in DVC. Our problem is that we have to physically be in WDW to buy (due to being in a province in Canada that does NOT allow us to buy directly from Disney from home). In order to travel to WDW and stay there ( a week) out of pocket takes many thousands of $$$ that we would prefer to be invested in DVC.

I am able to buy DVC resale from home. So now I am wondering: Should we buy a small contract resale from home to fund a trip in November (when we would buy a larger contract from WDW direct). We had been thinking to buy about 200 points at VGF or PVC. Perhaps we could buy 50-75 points resale and then 150 direct? Or should we just rent points for this trip in November or look for a discount on a room in Disney? Would the resale points be available in time to book a trip for late Nov? I am thinking that it takes about 2 months to close the sale and we are just over 9 months now, so I should be able to book at the 7 month mark?

If we do decide to buy resale should we buy at VGF and have all our points at one resort? or should we consider buying at OKW and buy at VGF when we are in WDW? thus having 2 home resorts?

Finally, I am thoroughly confused by the implications of use years? Why does it matter? We generally prefer to travel late November (after Thanksgiving) to the end of Feb. I don't know what use year would be best for us. I was thinking November, but that isn't a possibility?

Opinions? things that I may not have considered?

Thank you so much for any help.

 

[kanerf]

Having all of your points at one resort does make it easier to make reservations at that resort, so pick one you like. I also purchased resale first and then direct when I was on-site. Back then you did not need 150 for Blue, so I only bought 50 points at my home resort (OKW). Since then I have bought both resale and direct across 6 different resorts. I also have two use years, so you have to remember the dates for making reservations and depositing points for the different use years. All of the points I have in my second use year are at BLT, so that simplifies things a bit.

 

[RoseGold]

I mean this kindly, you need to put some time in and learn more about DVC. Watch hours of Youtube videos, or keep reading. This is a complicated product, and there are a lot of choices to make.

Right now (well next few months) is a fantastic time to buy resale IMO, but you need to know more to make sure you are making the right choice for you.

It's not "wasting" money that should be "invested" to do more research or make sure before you buy. DVC is not an "investment." I would argue renting points is often the smarter choice, financially. Money "invested" in DVC can go down, it can be difficult to use. And if 2020 showed us anything, it can burn you badly.

We have no idea how you travel or what will work for you. Maybe you want room service, currently only at VGF. Maybe you really love AKL and want to sit on the balcony with some coffee watching a giraffe. Maybe you want to stagger home to BW after a few. You have to make the right choice for you.

Edit to add: before you buy for your adult kids, I would have real, frank discussions with them about this. It's fair to call me a Disney nut, and I'm not even sure I would want to inherit this. The way you view this may be very different than the way they do, especially living so far away. It might be that a 2042 contract makes more sense, and you can run out the clock visiting in retirement, instead of planning an inheritance they don't want. BW pricing is absolutely bananas right now, I've considered it myself.

 

[pianomanzano]

In my opinion, the contracts matter more than the website/broker. Once you know what home resort, use year, and number of points you're looking for, scour all the resale brokers to look for the ones that meet your criteria and make offers.

Also, I wouldn't buy a small contract just to fund a trip to potentially buy a contract direct from DVC, especially when that trip is in November. It could take anywhere from 6 weeks to 3 months from now to go through closing, have an account created, and points loaded to be able to book a trip. And by that point there may not be much rooms available for you to book since the fall is a popular time of year and you'll be less than 7 months out from your trip.

 

[Sandisw]

If you buy a resale contract first, then you are eligible for the members pricing when you buy onsite And can add on less than 150. If direct is your first purchase, then 150 is required.

Having two home resorts is good if you want to be able to take advantage of two different 11 month windows because you want to stay at both.

But, it means you can’t combine until 7 months for the same reservation.

Resale points will be restricted from using at RIV and future resorts.

UY is like the calendar with DVC and simply determines when points can be used for trips. Points can be banked anytime through the first 8 months of the UY, so traveling during those 8 months gives the best flexibility if you had to cancel or change a trip.

Buying VGF resale and VGF direct gives you the ability to use all at VGF at 11 months and trade at 7 months To the others…except RIV and future resorts.

Owning the direct points wont change where the resale points can be used, but if you buy at least 150 direct, you will then be eligible for membership extras as well.

 

[RoseGold]

I do believe you'd be able to patch something together for fall if you buy in the next few months, especially if you are willing to move a few times. You stalk availability every hour, use waitlists, and you will be able to do something.

 

[Craho]

I would buy resale, small contract (under 100 points), one resort with an October UY. VGF might be worth buying direct bc a smaller VGF contract would not save you a huge amount as it’s an active selling resort.

We just bought two small resale contracts at BWV bc we are late 40’s with older kids, we don’t care about the expiration and we want to be within walking distance to Epcot. BW has insanely low resale contracts right now and sellers are very motivated to take lowball offers.

Also, small contracts are easier to sell if DVC does not work for you and it’s a good way to “dip your toe in” before making a bigger commitment.

 

[Sandisw]

I would buy resale, small contract (under 100 points), one resort with an October UY. VGF might be worth buying direct bc a smaller VGF contract would not save you a huge amount as it’s an active selling resort.

We just bought two small resale contracts at BWV bc we are late 40’s with older kids, we don’t care about the expiration and we want to be within walking distance to Epcot. BW has insanely low resale contracts right now and sellers are very motivated to take lowball offers.

Also, small contracts are easier to sell if DVC does not work for you and it’s a good way to “dip your toe in” before making a bigger commitment.

New buyers have to have a minimum contract of 150 direct so you can’t go smaller than that until you already own something.

 

[Craho]

New buyers have to have a minimum contract of 150 direct so you can’t go smaller than that until you already own something.

Right. So in the OP’s case I really think a small resale contract is best bet for now.