Please help me understand the new restrictions when buying resale
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Angela531 · 03-10-2017, 09:04 AM

We are getting closer to taking the plunge. We will be at Disney in June and are thinking of setting up a meeting with Disney if we decide to buy direct. My hesitation is that we prefer Grand Floridian as our home resort and I really prefer not to have the minimum 150 point buy in required to buy direct. I feel we will only need between 75-125 range, since we would utilize the bank/borrow feature. DH is now saying he could settle for the Poly if he has to which is why we are now trying to decide what's best: buying direct 150 at Poly or looking for a resale contract that better suits our preferred choices.

I know that there have been recent restriction placed on resale. Can someone clarify what those restrictions would be? I know we would loose the discount annual pass purchase option and we could not use our points for cruises or adventures by Disney. We are ok with that. Would we be able to add the Dining Plan with resale points? This is one feature we may want to use at some point.

Thank you for helping us understand the recent changes.

Her Dotness · 03-10-2017, 10:49 AM

Yes, you can add the DDP and would only pay a few dollars more per person buying it at full price.

As for discounts, you don't get those, true. However, they're not that dissimilar from Disney Visa discounts, so if you've that cc, you'll not be missing much. You still can use DVC member lounges at the resorts but not the one in Epcot, I believe, and can't attend member-only parties and other special events.

What might be to your best advantage (if 125 points is roughly your financial max) would be to buy a 75-100 pt. resale contract and once that closes, add on 25-50 pts. bought directly from Disney. You have to buy a minimum of 25 when buying direct. That way, you'd get the member benefits.

Btw, current direct buy-in is 100 pts., not 150.

One thing to be aware of is that everything else bought from Disney (tickets, DDP, MM, etc.) is paid for when you book your DVC stay. You don't have the PIF deadlines you get with a package or room-only. That could be a drawback possibly, especially if you are looking to go back shortly after becoming members.

Angela531 · 03-10-2017, 11:12 AM

That's a great idea! Would they have 25 points for the other resorts (Grand Floridian)?

We do have the Disney Visa, so we are covered there.

I did not realize the current buy in was at 100...that's great!

Her Dotness · 03-10-2017, 11:21 AM

Probably. No way to know without calling DVC which you can't do until after your resale contract clears DVC, and you are officially DVC members.

Disney picks up VGF (and other) resales every so often via their "right of first refusal." The proposed resale contract must get Disney's okay before it's a done deal. If Disney thinks the price too low, they buy it, and the prospective buyer gets to start all over again. That's why buying a resale can be majorly iffy.

IdahoDisneyMom · 03-11-2017, 09:24 AM

Grand Floridian has been sold out for quite some time. Currently you can purchase athe the Polynesian, Aulani, and the new Copper Creek Villas at Wilderness Lodge (sorry, I originally posted Boulder Ridge). Sometimes Disney has points they can sell you (via their own resale) at other resorts, but GF probably won't be one of them. It was sold at a limited number, and sold out fast.

That being said, you can stay there by owning at another resort, but you'll be in the 7 month booking window for it, not 11 months.

**chezp** · 03-11-2017, 09:31 AM

Quote:

Originally Posted by IdahoDisneyMom

Grand Floridian has been sold out for quite some time. Currently you can purchase athe the Polynesian, Aulani, and the new Boulder Ridge Villas at Wilderness Lodge. Sometimes Disney has points they can sell you (via their own resale) at other resorts, but GF probably won't be one of them. It was sold at a limited number, and sold out fast.

That being said, you can stay there by owning at another resort, but you'll be in the 7 month booking window for it, not 11 months.

Just to correct one thing - they're selling the new Copper Creek at Wilderness Lodge. I only say that as it's totally different to the existing Boulder Ridge Villas. The new villas are being sold as a completely new entity - i.e. those who own at Boulder Ridge will not get home booking advantage at the 11 month mark for Copper Creek. I'm still trying to wrap my head around it....

IdahoDisneyMom · 03-11-2017, 09:33 AM

Thank you Cheryl!! Sorry about that. I'm getting those two sections confused in my head. Guess I'll need to go check them out in person!

Her Dotness · 03-11-2017, 09:58 AM

Quote:

Originally Posted by chezp

The new villas are being sold as a completely new entity - i.e. those who own at Boulder Ridge will not get home booking advantage at the 11 month mark for Copper Creek. I'm still trying to wrap my head around it....

Same here. That makes no sense whatsoever to me unless perhaps Disney thinks doing this will spur owners at BRV to buy CCV also, driving sales more than they otherwise might go.

**chezp** · 03-11-2017, 11:43 AM

Quote:

Originally Posted by Her Dotness

Same here. That makes no sense whatsoever to me unless perhaps Disney thinks doing this will spur owners at BRV to buy CCV also, driving sales more than they otherwise might go.

That is my suspicion of Disney's thinking, but I wonder how many people who already own there would really want to add on there in Copper Creek? After all, if they already own through Disney, they could go through resale to buy more Boulder Ridge points....

Her Dotness · 03-11-2017, 12:27 PM

Versatility, maybe? If you already have 100 at BRV and can add another 100 at CCV, you could switch stays.

If you were wanting to combine points for one of the two, you could hold out for a larger villa at 7 months. You can do that, right?

I know we've fairly often seen availability for the 1br. at various resorts whereas there are no studios when we've played "7-month what-if."

**chezp** · 03-11-2017, 12:32 PM

Quote:

Originally Posted by Her Dotness

If you were wanting to combine points for one of the two, you could hold out for a larger villa at 7 months. You can do that, right?

Yes, that's true. You can do that - however we were told yesterday that there will only be four Grand Villas at Copper Creek, so if people want one of those, they'll need to have Copper Creek points.

norm & linda · 03-14-2017, 09:56 PM

[QUOTE

One thing to be aware of is that everything else bought from Disney (tickets, DDP, MM, etc.) is paid for when you book your DVC stay. You don't have the PIF deadlines you get with a package or room-only. That could be a drawback possibly, especially if you are looking to go back shortly after becoming members.[/QUOTE]

You can add and pay for the dining plan up to 48 hours before checkin. Your tickets can be purchased on the wdw website or you can use a reseller but to book your fastpasses using the sixty day advantage you would need to have them in place and linked to your my disney experience sixty days out.

i think the suggestion of a resale contract combined with a 25 pt add on through disney is a good one!

Her Dotness · 03-15-2017, 05:02 AM

My point wasn't clear.

I didn't mean to imply you can't add the dining plan at a later date, buy tickets after booking your stay or buy them from sources other than Disney.

I meant unlike a Magic Your Way package or room-only ressie, there's no $200 deposit with later PIF deadline.

sleepydog25 · 03-15-2017, 09:25 AM

There are two primary reasons why Disney chose to put in a new DVC resort at WL. First, adding the new rooms and cabins to the current DVC resort, Villas at the Wilderness Lodge or VWL (yeah, yeah, I know: Disney has renamed them Boulder Ridge Villas but I don't like that name

) would be problematic since the current contract for those ends in 2042. They're not going to offer new owners only 25 years on a contract. Conversely, DVC doesn't want to extend the contract years to current VWL owners since when they attempted to do so with Old Key West, it was nearly a disaster. Second, the occupancy rate at WL was by many accounts and reports below expectations far too often. Thus, the win-win situation was to build a new resort, offer 50 years on the contract, and essentially cut the main Lodge rooms in half. DVC rooms traditionally have a higher occupancy rate than normal cash reservations.

As for the perks and discounts on buying direct vs. resale? Those perks and discounts don't offer enough to offset the huge dollars savings of going resale. I've done both and strongly recommend going resale. VGF resale contracts are harder to find, but they do exist.

Her Dotness · 03-15-2017, 10:17 AM

You make a good point, sleepydog, that converting half of WL to villas made business sense to Disney.

I wasn't aware that WL often didn't book up to expectations. Interesting.

I can believe that converting that many of its rooms to villas and demolishing the VWL

/BRV complex once its contract ends may be the plan.