Cons of Buying DVC Resale

Explore the Potential Drawbacks of Purchasing DVC Resale

Purchasing Disney Vacation Club resale is a great way to save significantly. However, it's crucial to be aware of the limitations before proceeding with your purchase. At DVC Sales, we prioritize transparency to help you weigh the pros and cons accurately. Below are some common disadvantages associated with buying DVC resale contracts.

Limited Access to Disney Membership Extras

Buying DVC resale means you won't have access to Disney's "Membership Extras." These perks, including discounts on dining, theme park tickets, merchandise, and exclusive events, are reserved for direct buyers who meet Disney’s eligibility criteria. While these extras are attractive, many find that the savings from resale are worth the trade-off. For more details, check Disney’s Membership Extras FAQ.

Resort Booking Restrictions

Disney has revised policies affecting how resale points can be used. For instance, buying resale points at a newer resort like Riviera Resort restricts bookings to Riviera only. Older resorts such as Beach Club Villas or Saratoga Springs still offer broader booking options. Verify the booking rules for your contract by consulting your broker or reviewing Disney’s official resale restrictions.

No Disney Financing

Financing options are another difference. Only direct buyers can use Disney Vacation Club’s financing. Resale buyers need to pay in cash or secure a loan through other lenders. For assistance in comparing rates and plans, visit DVC Sales for financing that aligns with your budget.

Slower Purchase Process

The resale purchase process is generally slower than buying direct from Disney. It typically takes 6 to 8 weeks, involving submitting an offer, passing Disney’s Right of First Refusal, and finalizing the closing with a title company. While this timeline ensures thorough legal vetting, it does require patience.

No Points for Cruises or Adventures

Resale contracts cannot be used for Disney Cruise Line or Adventures by Disney bookings. While some view this as a limitation, these options often yield less value per point compared to DVC resort stays. Many members opt to rent their points or pay cash for cruises.

Annual Dues and Their Impact

Annual dues are a recurring cost that DVC members must consider. These dues vary by resort and are subject to increase periodically. While buying resale can save money upfront, it's important to factor in these ongoing costs. Understanding the financial commitment involved in annual dues is crucial for long-term planning.

Understanding Contract Expiration Dates

Each DVC contract comes with an expiration date, which varies depending on the resort. Contracts can expire as early as 2042 or as late as 2077. When purchasing resale, it's important to consider how many years are left on the contract, as this can affect the overall value and utility of your investment.

Right of First Refusal (ROFR)

Disney holds the Right of First Refusal (ROFR) on resale contracts, meaning they can choose to purchase the contract themselves at the agreed-upon price. This process can add uncertainty and delay to the resale transaction. Understanding ROFR is essential for setting realistic expectations during the buying process.

Weighing the Value: Is DVC Resale Still Worth It?

Despite these constraints, the benefits of buying DVC resale often outweigh the drawbacks. With significant savings and access to top resorts like Aulani, Polynesian, and Animal Kingdom, without high-pressure sales tactics, resale is often a smart choice. For a detailed comparison, explore the DVC point calculator or view the official Disney Vacation Club points charts.

For detailed guidance, consult the Disney Vacation Club checklist or reach out to the team at DVC Sales. By understanding both the advantages and limitations, you can make an informed decision that aligns with your vacation goals and financial plans.