Well, that answers that....

[fauna]

Now that the new year is here DH and I are getting moving on buying DVC. We are pretty much decided on buying resale at Boardwalk, but being the "informed decision" kind of people we called DVC direct to see what those prices, incentives, etc. are.

Well, the salesman was very nice and and went thru everything for us. Then he asked where we considering buying resale and about what the points are going for. We told him "Boardwalk - the points are running from the upper to the lower sixties." He was quiet for a second. Then he said "If I were you, I would jump on that. Seriously, if you can get close to the low sixties, that is a great deal."

My husband thanked him for his time and honesty.

 

[mousefan1972]

I am surprised and quite impressed that the sales guide was honest and didn't try to talk you out of buying resale. There have been lots of reports on other boards where once a prospective buyer mentions "resale", the guide starts stammering and sputtering, and tries to talk them out of it.

Unless you are buying BLT, resale is the way to go right now. Good luck, and Welcome Home!

 

[gwhb75]

Keep in mind that DVC has right of first refusal, so if they think the price is too low they'll buy the points. I don't know how often they do that (we bought our Saratoga points through resale about a year ago for a good price).

 

[Phonedave]

Sixty a point is quite a deal. Hopefully it passes ROFR. Hope it works out for you

-dave

 

[Pioneer Hall]

Nice to see DVC revert back to its old self a little there and go the honest and courteous route.

 

[lebeau]

The last time I talked to a DVC rep I mentioned I was interested in the Boardwalk and she went into a lengthy monologue about how old and tired the entertainment is there. She insisted we'd be sick of it if we had to stay there over and over again.

Nice to see someone being honest.

 

[216bruce]

I recently bought 250 points at VWL thru resale. When I mentioned this to the DVC rep I had been speaking with (before I committed to go the resale route) he started saying things like "How much would you pay? Because you know Disney has the option to buy those points first." I paid right in the middle of the current range and passed ROFR. It seems that most pass, but some real low ones don't. Good luck.

 

[slappy magoo]

The last time I talked to a DVC rep I mentioned I was interested in the Boardwalk and she went into a lengthy monologue about how old and tired the entertainment is there. She insisted we'd be sick of it if we had to stay there over and over again.

Nice to see someone being honest.

Yeah, what you really want is to get points at SSR so you're always close to the fantastic entertainment options at Pleasure Island! That place will NEVER go out of style!
:lookaroun

In all seriousness, each and every DVC resort has its pluses and minuses, and those pluses and minuses could change for each guest. For every person that loves the decor of BLT, there's someone that feels like it's too modern. For everyone who prefers the less-muted style of OKW & SSR, someone else will complain that it seems to lack that "Disney magic." Beach Club is a great location, but most people seem to complain that the views themselves are pretty lousy. VAK, you can look out the window and see animals which is quite unique for this hemisphere, but if you want to be able to walk or boat to any of the theme parks or DTD, you're SOL. OKW seems to have the largest rooms in each category, but you're pretty isolated. AND staying at Kidani Village, SSR or OKW means you can be a long long way from the amenities of the main building. Even if you buy points at a home resort that is exactly what you want a home resort to be right now, who knows if that's how you'll feel just a few years from now? As much as I like SSR, sometimes I kick myself for not waiting a year, but I never would've guessed at that time that Animal Kingdom would get a DVC wing, let alone Contemporary (and the grumbles that perhaps the other monorail resorts will inevitably get a DVC section continue to simmer).

Now, I've only stayed in Boardwalk for a new nights, but I can't imagine (at this point) getting "sick" of it. First of all, you're also close to four other resorts and the amenities THEY provide. Then, you're only a few minutes from 2 of the four main parks and the entertainment THEY have to offer. Finally, even though I don't mind doing the occasional pub crawl, and my wife would love it if we ever walked in Atlantic Dance Hall and it looked like ANYTHING interesting were going on, we're now parents. We have a 2 year old, we usually don't travel with other family members, so when we go, we're probably going to call it an early night more often than not to take our wee one to the parks the next day. So I'd be fine staying in the BW any time

 

[Phonedave]

Just a question. How new is this new policy


New Policy Announced for Re-sale Purchases

Disney Vacation Club® has announced a new policy that limits access to certain Member Getaways exchanges for Ownership Interests purchased on the secondary market (also known as the re-sale market).

Under the new policy, Members who purchase from anyone other than Disney Vacation Development, Inc., on or after March 21, 2011, will not be eligible to use those Vacation Points to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for RCI® exchanges, Club Cordial and Club Intrawest.

The affected collections are special Member benefits programs offered by Disney Vacation Development, Inc., and are not part of Members' Ownership Interests. That said, Members who purchased on the secondary market prior to March 21, 2011, may use those Vacation Points for all Member Getaways.

Note that the policy doesn't impact banking, borrowing or transferring Vacation Points. All Members will continue to have the ability make such transactions, regardless of where they purchased their Ownership Interests. Complete rules about these transactions are available in the Home Resort Rules and Regulations section of this website.


For those wondering - Concierge Collection is Mandarin Oriental - Washington DC. Resort at Squaw Creek - Lake Tahoe, Royal Garden - London, The Sagamore - Lake George, Topnotch - Stowe, and The Whitehall - Chicago.

The Disney Collection are Disney Properties other than DVC (WDW resorts, California, Paris, and Tokyo)

Adventurer Collection are the Adventures by Disney vacation packages.

-dave

 

[mousefan1972]

Just a question. How new is this new policy


New Policy Announced for Re-sale Purchases

Disney Vacation Club® has announced a new policy that limits access to certain Member Getaways exchanges for Ownership Interests purchased on the secondary market (also known as the re-sale market).

Under the new policy, Members who purchase from anyone other than Disney Vacation Development, Inc., on or after March 21, 2011, will not be eligible to use those Vacation Points to make reservations within the Concierge Collection, the Disney Collection or the Adventurer Collection. Those Vacation Points will instead be valid only for reservations at Disney Vacation Club resorts, as well as for RCI® exchanges, Club Cordial and Club Intrawest.

The affected collections are special Member benefits programs offered by Disney Vacation Development, Inc., and are not part of Members' Ownership Interests. That said, Members who purchased on the secondary market prior to March 21, 2011, may use those Vacation Points for all Member Getaways.

Note that the policy doesn't impact banking, borrowing or transferring Vacation Points. All Members will continue to have the ability make such transactions, regardless of where they purchased their Ownership Interests. Complete rules about these transactions are available in the Home Resort Rules and Regulations section of this website.

Very new. It was just announced today. The DVC member board I read nearly blew up earlier after it became public.

 

[Phonedave]

Very new. It was just announced today. The DVC member board I read nearly blew up earlier after it became public.

Nothing new under the sun really.

Many time shares have different 'rules' for people who bought through the company and people who bought second hand.


-dave

 

[mousefan1972]

Nothing new under the sun really.

Many time shares have different 'rules' for people who bought through the company and people who bought second hand.


-dave

Yep. I agree. But there are a whole bunch of DVC owners who thought DVC would *never* stoop to the level of "other" timeshares. I'll PM you a link to an interesting read.

 

[Victoria]

With this new policy does it mean that re-sale points couldn't be used at Grand Californian DVC or just a regular Grand Californian non-DVC room? I think I may have just answered my own question but I want to make sure I'm reading it correctly.

 

[mousefan1972]

With this new policy does it mean that re-sale points couldn't be used at Grand Californian DVC or just a regular Grand Californian non-DVC room? I think I may have just answered my own question but I want to make sure I'm reading it correctly.

Resale points (those purchased after 3/21/11) can still be used at VGC, but not the Disneyland Hotel or Paradise Pier. Those are in the Disney Collection, which will now be excluded from resale purchasers going forward. No DVC points can be used to book a regular room at the GC, because there are DVC villas there.

 

[Victoria]

Resale points (those purchased after 3/21/11) can still be used at VGC, but not the Disneyland Hotel or Paradise Pier. Those are in the Disney Collection, which will now be excluded from resale purchasers going forward. No DVC points can be used to book a regular room at the GC, because there are DVC villas there.

Ok. That's what I thought. Forgot about the no reg. room at Grand Cali now that there is DVC. I only ask because a large part of my current financial life plan is to purchase resale DVC points...hopefully sooner rather than later. It's not that I have anything against buying directly from DVC (other than the obvious cost savings) but the properties I would consider owning haven't been available in years. The only way I am ever going to get BCV or OKW is to go resale.

 

[slappy magoo]

Resale points (those purchased after 3/21/11) can still be used at VGC, but not the Disneyland Hotel or Paradise Pier. Those are in the Disney Collection, which will now be excluded from resale purchasers going forward. No DVC points can be used to book a regular room at the GC, because there are DVC villas there.

Maybe one day, as far as Disney-owned resorts go, that will be a moot point, as it seems that every one of them will eventually have some kind of DVC wing. More of a gut feeling than a true inevitability, but still...

This policy would also mean that DVC points purchased through resale couldn't be used at WDW resorts without a DVC wing. Currently, a DVC member can use points at the moderates, Fort Wilderness (campsite OR "cabin"), Poly or GF. It's not really the best use of your points - for example, a week in September at a "Premium Campsite" in FW is 65 points, getting a Value Studio at VAK is only 69 points for the same week - but it's an option for people who either want to stay at other resorts, OR want to go at a time when everything else seems booked, or at least it is an option for everyone who didn't buy resale after March of 2011.

 

[mousefan1972]

Ok. That's what I thought. Forgot about the no reg. room at Grand Cali now that there is DVC. I only ask because a large part of my current financial life plan is to purchase resale DVC points...hopefully sooner rather than later. It's not that I have anything against buying directly from DVC (other than the obvious cost savings) but the properties I would consider owning haven't been available in years. The only way I am ever going to get BCV or OKW is to go resale.

DVC is always selling "sold out" resorts, but you'll pay $115 per point for BCV, and OKW is (I think) $90 per point. If those are the resorts you want, definitely buy resale. If you plan to only use your points to stay in the 11 DVC resorts (VCG, Alauni, HH, Vero Beach, BLT, BCV, BWV, OKW, SSR, VWL, or AKV), resale is absolutey the way to go. Just be sure to watch for anymore potential restrictions on resales. This is the first, and there is speculation more could be coming. Changes to the booking windows is a common one being kicked around in the rumor mill.

 

[Victoria]

Maybe one day, as far as Disney-owned resorts go, that will be a moot point, as it seems that every one of them will eventually have some kind of DVC wing. More of a gut feeling than a true inevitability, but still...

This policy would also mean that DVC points purchased through resale couldn't be used at WDW resorts without a DVC wing. Currently, a DVC member can use points at the moderates, Fort Wilderness (campsite OR "cabin"), Poly or GF. It's not really the best use of your points - for example, a week in September at a "Premium Campsite" in FW is 65 points, getting a Value Studio at VAK is only 69 points for the same week - but it's an option for people who either want to stay at other resorts, OR want to go at a time when everything else seems booked, or at least it is an option for everyone who didn't buy resale after March of 2011.

I don't forsee myself trying to trade in DVC points for POFQ (even though I love the resort dearly) or wanting to stay at any of those concierge collection hotels listed above. I guess this isn't a deal breaker for me. I imagine it wouldn't make much of a difference for most people either. Then again, I don't know how many DVC owners are beating down the door to use their points for such things. :shrug:

What does concern me is that this may be the first step DVC takes towards making resale purchasers second class citizens. If more restrictions were to pop up I would definitely think twice before going resale...and I suppose this is exactly what they want to happen.

 

[mousefan1972]

You are exactly right, V. Definitely keep your eye out for more potential changes.

What is interesting is those buying resale after 3/21/11 will not be able to use points to book DCL. Apparently, many members use points to book cruises (we don't) so that could be a deal breaker for some people.

 

[Victoria]

DVC is always selling "sold out" resorts, but you'll pay $115 per point for BCV, and OKW is (I think) $90 per point. If those are the resorts you want, definitely buy resale. If you plan to only use your points to stay in the 11 DVC resorts (VCG, Alauni, HH, Vero Beach, BLT, BCV, BWV, OKW, SSR, VWL, or AKV), resale is absolutey the way to go. Just be sure to watch for anymore potential restrictions on resales. This is the first, and there is speculation more could be coming. Changes to the booking windows is a common one being kicked around in the rumor mill.

This is what worries me. A booking window restriction would suck royally. I can only imagine what other "privileges" they might consider getting rid of. Pool hopping? (Meh...) AP discounts? mad Access to special events? shrug I guess I will have to take a wait and see approach. :shrug: I really have no desire to fork over $115 a point for BCV when I could get it for ~$80/pt on the resale market. Same with OKW. I've seen some great resales there for $60-65/point. There's no way I'm going to pay $90 for the same damn thing.