Buying DVC Direct vs Resale

How to Decide Between Buying DVC Direct or Resale

Deciding whether to purchase Disney Vacation Club (DVC) points directly from Disney or through resale is a significant decision for both new and experienced members. Both options offer access to enchanting vacations, but they differ in benefits, costs, and restrictions. Understanding these differences can help you make an informed decision that aligns with your vacation goals and financial considerations.

What You Get With Direct Purchase

Purchasing DVC points directly from Disney grants you access to Membership Extras such as dining discounts, special events, and the ability to book at newer resorts like Disney’s Riviera Resort and the Villas at Disneyland Hotel. These perks can enhance your Disney experience by providing exclusive opportunities and savings. However, these benefits come at a premium, with prices typically ranging from $200–$250 per point. First-time buyers may face minimum contract sizes that potentially exceed $30,000.

Advantages of Buying Direct

• Access to Membership Extras: Direct buyers enjoy exclusive perks such as discounts on dining and merchandise, access to special events, and the ability to participate in exclusive member cruises.
• Booking Flexibility: Direct purchasers can book at all DVC resorts, including those with resale restrictions like Disney’s Riviera Resort.
• Potential for Financing: Disney offers financing options for direct purchases, which may be appealing to some buyers.

What You Get With Resale Purchase

Opting to buy DVC points through the resale market can offer significant cost savings. Resale prices are generally lower than direct prices, making it an attractive option for budget-conscious buyers. However, it's important to note that resale buyers do not have access to Membership Extras, such as the Disney Collection, Adventure, and Cruise Line perks. Despite these restrictions, resale buyers still enjoy the core benefits of DVC ownership, including the ability to book stays at any DVC resort based on availability.

Advantages of Buying Resale

• Cost Savings: Resale contracts are often significantly cheaper than buying direct, allowing buyers to enter the DVC system at a lower price point.
• Access to Most Resorts: Resale buyers can book at any DVC resort, with the exception of certain restrictions on newer resorts like Disney’s Riviera Resort.
• Potential for Shorter Contract Terms: Some resale contracts have earlier expiration dates, which might be preferable for those not looking for a long-term commitment.

Considerations for Both Options

When deciding between buying direct or resale, consider the following factors:

• Home Resort Priority: Both direct and resale buyers benefit from the 11-month booking window at their home resort, which can be crucial for securing accommodations during peak times.
• Contract Expiration: DVC contracts have expiration dates ranging from 2042 to 2077, depending on the resort. Be sure to check the expiration date of any contract you are considering.
• Annual Dues: Annual dues vary by resort and are subject to periodic increases. These dues are a crucial part of the overall cost of ownership and should be factored into your decision.
• Right of First Refusal (ROFR): Disney has the right to purchase resale contracts before they are sold to a new buyer. This process typically takes 30-60 days and can affect the timeline of your purchase.

Practical Tips for Buyers

For those considering a DVC purchase, here are some practical tips:

• Assess Your Vacation Habits: Consider how often you plan to visit Disney destinations and which resorts you prefer. This can help determine the best home resort for you.
• Budget Carefully: Calculate the total cost of ownership, including purchase price, annual dues, and potential financing costs, to ensure it fits within your budget.
• Research Resale Listings: If considering resale, explore various listings to find a contract that meets your needs in terms of points, home resort, and expiration date.
• Consult with Experts: Reach out to DVC resale specialists or financial advisors to gain insights and advice tailored to your situation.

Ultimately, whether you choose to buy DVC points directly from Disney or through the resale market, both options offer unique advantages and considerations. By thoroughly evaluating your priorities and financial situation, you can make a decision that provides magical vacations for years to come.