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Thread: DVCNews Debates: Resale Importance

  1. #1
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    Default DVCNews Debates: Resale Importance

    The manner in which Disney Vacation Club contracts hold their value is somewhat unique in the timehsare industry. While many timeshares are worth pennies on the dollar when attempting to re-sell, DVC owners have often found they can sell their points for as much or more than they originally paid. Of course, that's only useful if you actually do sell the points--resale value is irrelevant to those who continue using their points year-after-year.




    Topic: Thinking back to your original purchase, how important was the perceived resale value? Would you still have bought if DVC didn't hold its value quite as well?

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  2. #2
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    While I can't say that I wouldn't have purchased without the knowledge of the resale market and it's ability to hold its value, I must admit that it had a lot to do with my comfort level of proceeding with my first and subsequent purchases.

  3. #3
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    I don't think it was the deal breaker for me when we purchased our first contract for BLT, but in the back of my mind I was thinking that since we would be 107 and 108 years old, our heirs/power of attorney could be sell this contract when either we went into a nursing home or died. None of them appear to be big Disney fans or rich enough to maintain the annual dues. I was definitely confident we would get our money's worth as we both loved to travel and take long vacations.
    --Denise

    Scheduled upcoming Disney trips:

    11/27-12/14/18 AKV Kidani Village
    2/19-2/22/19 - Bay Lake Tower
    3/10-3/14/19 - AKV Jambo House


  4. #4
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    Retaining value at resale carried very little weight in my decision to buy DVC. Far more important was the fact that it would only take 6-9 years for us to recover our purchase price by owning DVC over paying cash for our Disney rooms.

    The fact that our DVC points have retained value is a really nice thing. If we sold today, we could sell our BLT points for more than we purchased them (even after paying the resale commissions & closing costs), could probably break even on our AKV points, and would lose some money on our Aulani points.

    But I know that things can easily change. Thus, when I think about our DVC points I assign a zero value to our "investment."

    Besides, the real value in owning DVC is in using the points for our vacations.






  5. #5
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    Resale value held no weight whatsoever in our original purchase. We didn't even know there was a resale market until after we'd bought. Our original purchase was based entirely on our hearts-"Own a piece of WDW? Even if it's just one square inch of wall space, I'm there!" Guy was so uninterested, he didn't even take the tour-just me. Resale market? We never thought of selling.

  6. #6
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    We were so naive when we bought DVC, and we went all in with a 300 pt contract at Saratoga in 2006. We had no idea there was a resale market. Previous comments above summarize how we felt. We were going to both Disney resorts regularly. Disneyland mostly based on proximity to Salt Lake City. DisneyWorld was amazing to us and we like both for different reasons. So the idea of 6-8 years to break even and have better accommodations along the way was what sealed the deal. We bought with our hearts, but the accountant in me had all of the time-share horror stories in my head about getting out timeshares, and the cost of annual dues, etc. I figured, "hey, its Disney" and people will always want a Disney timeshare if dire circumstances happened such that we needed to get out of it.
    Resale is fun to watch, but it doesn't mean anything to me at this point. My kids (especially one of the three), is a Disney junkie and will have resources to assume the 3 contracts we how have, even if the others don't. And it will be a sweet deal for them because the dues will be so much less than the price of rooms through 2060.

  7. #7
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    As people who had enjoyed going to Disney for years, our original purchases in 2001 were made as prepaid vacation plans. In our minds, we thought DVC would be like other timeshares and become virtually valueless in a short time. And we were ok with that, because of the prepaid vacations at a place we enjoyed. So it turned out to be quite a "perk" when DVC not only retained its value, but increased in value. But then, as now, resale values wouldn't have any effect on the decision to purchase since we never looked at it as an investment anyway.

  8. #8
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    Very important. Knowing that we could sell w/o losing everything was important, and since the purchase seeing inflation in the resale market has kept us feel comfortable w/ our purchase. We're located on the West Coast though...DVC was much harder to justify as there is only 1 resort within driving distance. Still, we're very happy with the DVC program and our 350pts at Aulani.

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  10. #9
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    Default Re: DVCNews Debates: Resale Importance

    Resale value had no consideration when we joined the DVC in 1993; we had been enjoying our annual getaways at WDW for years, and with the oldest son becoming a third adult (and the extra room charge for sharing our room), the DVC program looked beneficial over the long term. We consider our 'payback' for membership significant, look forward to our 76th booked visit coming up soon, and both boys look forward to inheriting the contracts if we ourselves don't make 2042!

  11. #10
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    Our original purchase was direct. We were somewhat aware of the resale market but were more comfortable making our first purchase with Disney. We bought with the intention of using our points annually since we always traveled to Disney every year or two anyway. At the time of purchase (Feb 2009), we were of the mindset that we had no intention of ever selling. While we are still of that mindset, it is good to know that if we had to sell, there would be a benefit to it. Our DVC Guide made it very clear that this was an investment in our future vacations but not a financial investment that should ever expect a return should we have to sell. It was reassuring to know that we COULD sell if we needed to and wouldn't be stuck. That's what finally got us to make the DVC leap.
    Once again I arrived at the same old conclusion: Gonna need more points!




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