Can one buy their intital direct contract as low as 25?
I've not heard of DVD (the Developer) selling a 25-point direct contract as a
first entry to DVC. However, I have heard of 50-point contracts going through as first entry ... which still blows me away as the initial buy-in started at 230 (?) points when we first considered DVC. Our minimum buy-in was 150-points when we finally pulled the trigger early 2004.
Historically, the 25-point contracts were the minimum
add-on contract sold to existing members willing to pay cash. A 50-point add-on minimum was required if you wished developer financing. However, minimums and how they are enforced has been moving target in recent years ... so I could be wrong.
The popular strategy employed since spring 2016 was 2-part play:
- Buy your first DVC contract via Resale; no perks come with this contract. A resale contract could be as little as 25-points.
- Buy a 25-point DVC contract direct as an add-on (same use-year but not necessarily same resort) to gain the perks. This was your least-expensive route to 'perk eligible.'