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Old 11-13-2011, 01:38 AM   #1
FitMom
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Has anyone purchased through resale?

Still trying to shake the idea of buying into DVC OUT of my head... yet I keep coming back to it.. looking, planning, looking again.. lol. I just checked out some resales that have smaller point alotments (around 100 vs. the now manditory 160)
and I've seen points as low as $42! I know they would not be usable other than at DVC resorts, is there anything else to really consider as far as restrictions (or benefits)?
Also, do other "perks" (like discounts etc) still apply as if they were purchased direct?
Thanks for any help here...
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Old 11-13-2011, 05:54 AM   #2
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if you can get for 42 you better buy
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Old 11-13-2011, 08:36 AM   #3
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Unless things have changed very recently (as in the past few months), you can buy 100 pt contract from DVC. DVC lowered the minimum buy in requirement.
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Old 11-13-2011, 08:36 AM   #4
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$42/point?!?! Snap it up!
We did 1 of our 3 contracts thru resale with Timeshare Store, and it was a good experience. Other than the restrictions on where you can use your points, there is no difference.
Good luck!
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Old 11-13-2011, 09:17 AM   #5
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We just bought with Disney and there was not a 160 point cap. We got 100 and a 25 add on.

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Old 11-13-2011, 01:46 PM   #6
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We've bought 3 or our 4 DVC contracts* via resale and saved a lot of $$$ in the process.

*We've since sold 3 of them last winter retaining one that we bought via resale
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Old 11-13-2011, 02:22 PM   #7
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Quote:
Originally Posted by cubfancolleen View Post
$42/point?!?! Snap it up!
Depends upon the resort. I certainly wouldn't buy Vero points at $42 each. That Home resort would be useless to me and dues are $2.50 per point, per year higher than some other locations. With that sort of disparity, any savings realized in the up-front cost would be quickly lost. Would also be harder to sell the contract if it came to that, IMO.

As for OP's question, right now the booking restrictions are the only difference between direct and resale. Of course it's possible for DVC to introduce other restrictions in the future. But that's a difficult topic to debate because it's purely speculative. If other limitations are introduced, they may or may not grandfather current owners. They did in the case of the booking limitations but DVC was under no obligation to do so.

Perks are always subject to change so you're best not using them as any part of your decision. You may think that the AP discount is a great reason to buy, but DVC could discontinue that tomorrow--either for resale owners or ALL owners.

I think it's safe to say that both direct and resale buyers will continue to have access to the 11 native DVC resorts. That's where you should focus your decision. Understand that DVC has limitations on other aspects for resale owners--and they could introduce further limitations down the road.

But in my opinion, the ability to book all of the DVC resorts will continue to be a feature available to all owners. If that's how you would intend to use the points, it's a pretty safe purchase IMO.
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Old 11-13-2011, 03:51 PM   #8
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I know they would not be usable other than at DVC resorts

If you buy resale you can use your points at any DVC resort. We bought resale and for the price that DVC sells points for today I would never buy directly from them.
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Old 11-13-2011, 04:01 PM   #9
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I'm in the process of purchasing a resale contract now. I just sent in all my closing paperwork on Thursday. Using The Timeshare Store and this whole process has been so easy!
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Old 11-13-2011, 06:26 PM   #10
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We bought a resale last year through Timeshare Store. It was so simple and much cheaper than buying BCV through Disney. I would do it again since we don't use our points for anything other than Disney. I would buy where you would like to stay not where is the cheapest. It's hard during low point seasons to sometimes get resorts other than your home. We are usually lucky but last year we ended up at SSR when we wanted to change to AKV. Not that there is anything wrong with AKV.
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Old 11-13-2011, 08:20 PM   #11
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We purchased resale through the Timeshare Store and have no regrets.
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Old 11-14-2011, 12:42 PM   #12
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Thank you everyone! All very good advice... Now to sell my hubs on the deal.
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Old 11-16-2011, 08:21 PM   #13
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We bought twice thru resale. Very happy!

Only hurdle is that Disney may exercise their right of first refusal and buy the contract from the seller (leaving you out!) if the price is too low.
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Old 11-16-2011, 11:45 PM   #14
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Quote:
Originally Posted by JoeEpcotRocks View Post
We bought twice thru resale. Very happy!

Only hurdle is that Disney may exercise their right of first refusal and buy the contract from the seller (leaving you out!) if the price is too low.
What a bummer that would be! I still have some schmoozing to do with DH but at least I'll be armed with a good presentation.
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Old 11-19-2011, 10:25 AM   #15
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I've purchased from Disney and resale and both types of transactions went extremely well. I do recommend that you stick with one of the companies that specializes in DVC resales. That way there are no surprises.
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