Cons of Buying DVC Resale
Understanding the Cons of Buying DVC Resale
Purchasing a Disney Vacation Club (DVC) membership through resale can offer significant savings, often ranging from 20% to 50% less than direct purchases from Disney. However, it is essential to consider potential downsides. Our experience at DVC Sales, having facilitated over 1,000 successful transactions, allows us to provide a comprehensive view of these limitations and how they may affect your decision.
1. Limited Access to Membership Extras
One of the most notable downsides for resale buyers is the lack of access to specific "Membership Extras" that Disney extends to direct buyers. This includes discounts on dining, park passes, and exclusive events. Yet, many of our clients find that the substantial savings from resale contracts outweigh these benefits. For instance, one family shared that they never utilized these extras, choosing instead to enjoy their vacations without the added costs.
2. Restrictions on Resort Bookings
Disney has outlined policies that restrict resale points purchased after certain dates to specific resorts. For example, buyers of Riviera contracts can only book at Riviera. In contrast, older contracts, such as those from Saratoga Springs or Beach Club, maintain access across multiple DVC resorts. This limitation underscores the importance of working with knowledgeable brokers, like us, who can help navigate these complexities.
3. Fewer Financing Options
While Disney offers in-house financing options for direct buyers, this is not available in the resale market. Fortunately, many third-party lenders specialize in DVC resale transactions. For instance, a recent buyer opted to pay cash to avoid interest costs, enhancing their overall savings.
4. Longer Timeline from Offer to Closing
The resale process can be a lengthy one, usually taking 6-8 weeks to complete. This timeline covers several crucial steps: offer submission, contract signing, Disney’s Right of First Refusal review, and closing. While it may feel prolonged, this process ultimately leads to long-term ownership.
5. No Access to Exclusive Disney Cruises or Adventures
Resale members are not eligible for DVC point exchanges on Disney cruises or Adventures by Disney. However, many members report that they rarely use points this way due to poor conversion value. Instead, they often rent out points or choose to pay for cruises separately, which can lead to better deals.
Why Buying DVC Resale Still Makes Sense
Despite these limitations, buying resale remains a smart choice for many. Resale contracts provide significant savings, full access to the DVC point system, and flexible booking options at Disney’s top resorts. Most buyers are more than willing to exchange a few perks for long-term financial benefits.
Expert Insights
Industry research indicates that DVC resale buyers can save thousands in upfront costs while still enjoying memorable vacations. This information, along with testimonials from satisfied clients, affirms our commitment to transparency and helping you make an informed decision.
For expert guidance and personalized assistance in navigating the DVC resale market, contact us at DVC Sales today!