Are you looking for a cheaper way to vacation? Disney Vacation Club’s been offering its members this benefit for over 30 years.
If you’ve done any inquiries into this type of vacation, you’ll know that it offers fantastic long-term savings, if you can afford the initial purchase price.
Did you know there’s a cheaper way to get your foot in the door? Here’s your guide to DVC resales to help you benefit from these savings.
How Does DVC Work?
In a nutshell, when you buy Disney Vacation Club points, you’re buying a small portion of one of their resorts. Each portion has a points value based on its desirability, amenities, and location.
You pay a purchase price for the right to use these points for a specified number of years. Additional costs include an annual fee based on your portion of what it takes to keep that resort ship-shape every year.
You can use your points at any of the Disney vacation timeshare properties with an equivalent value. If you don’t have enough points for the vacation you want, you can save them to use in the following year, or borrow points from the year to come.
Another benefit is the ability to join Resort Condominiums International (RCI) which offers you access to resorts across the world in exchange for your timeshare week. RCI membership is an affordable and popular option for all timeshare owners.
You can’t cancel your membership until it expires at the end of your contract.
What Are DVC Resales?
Timeshare owners always have the option to sell their interest when they no longer want or need it. Disney retains the first right of refusal on all its timeshare products, but they rarely exercise this right.
That means, most members turn to DVC resale brokers when they want to get rid of their points. Despite the high upfront costs of buying DVC points directly from Disney Vacation Club, owners can’t sell their points for as much as they paid initially.
That means you can buy into Disney Vacation Club for up to 50% less than buying direct.
DVC Resales Pros and Cons
Disney Vacation Club prefers selling DVC memberships direct, so they’ve placed a few restrictions on the benefits available to members who buy via resellers.
The latest restrictions prohibit resale members from occupying any of Disney’s new resorts. Currently, this only affects exchanges into Riviera. You can still arrange exchanges into any of Disney’s other properties.
For many, this isn’t an issue, since the original resorts all have the best locations close to Disney’s most popular theme parks. These include Epcot, Magic Kingdom, Animal Kingdom, and Hollywood Studios.
When you buy resale points you also miss out on some member perks like discounts on park passes, dining, and shopping. The Adventurer, Concierge, or Disney collections aren’t part of the Member Getaways program for resale owners.
Many of the benefits of Disney Vacation Club do transfer with the original owner’s membership, though. These are:
- Extra Magic Hours
- Pool Hopping
- Access to the Top of The World Lounge
- Vacation exchanges through RCI
- Free airport shuttle from Orlando International Airport
- A free Magic Band for room access
If you feel that the savings you get on your original purchase far outweigh the cost of paying extra for entrance fees, shopping, and dining, then DVC resales are the best option for you.
Remember, some perks of staying in a Disney Vacation Club aren’t affected by your type of membership, or whether you buy or rent your points.
When you say at a DVC resort, you’ll still enjoy free parking, the ability to self-cater, and a host of onsite entertainment and amenities. All these factors translate into cost savings when compared to renting accommodation at a Disney Hotel.
One way to avoid losing out on benefits is by buying some of your points direct and then purchasing any extra points via DVC resale.
Choosing Your Ideal DVC Resale Option
Although DVC resales offer obvious benefits, there are still a few things you need to consider before you purchase the cheapest one you find. Buying a timeshare is a long-term investment and the points you buy affect your future holidays in several ways.
Each Home Resort comes with a different annual cost to the DVC member. So consider how much you can afford to pay for your membership every year when buying your resale points.
When you look at Disney vacation club listings, take note of the use year. This month determines the latest date for banking your week and also when your annual points allocation expires.
It’s best to choose a Use Year that’s slightly later than the usual time of year you vacation.
You can buy a DVC resale membership as an add-on to your existing membership, or as a stand-alone option. There aren’t any limits to how few or how many points you can buy resale.
So, take a look at Disney’s current points charts to gauge how many points you need to buy to satisfy your vacation needs.
All DVC resorts carry an expiry date. This determines the length of your contract with Disney Vacation Club. You’ll need to pay annual fees every year until this date.
Finding the Best Vacation Option for Your Family
DVC resales offer the ultimate affordable and customized way to enjoy the benefits of a DVC membership. For many, losing a few perks is a small price to pay for the huge savings they enjoy initially.
What if you’d rather stick to your regular vacation options, or you can’t afford the ongoing costs of a timeshare? There’s no need to go without exciting getaways.
If a Disney Vacation Club membership isn’t for you, check out our blog for more excellent vacation options.