nomoretslt
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- Aug 2, 2017
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At least the original 14 aren’t held to just their home resort if resale (after 2042 there would still be SSR, extended OKW, Animal Kingdom, Copper Creek, Bay Lake Tower, Grand Floridian, Grand Californian, and Aulani). Resales at Riviera or Reflections won’t have the luxury of finding availability at another DVC resort last minute if their plans change - maybe this will lead to people using RCI more so at least they don’t lose their points. Who knows, maybe Disney will come up with a way to “qualify” your resale points on Riviera and Reflections for a large fee - LOL.
To be honest, if I were looking at buying DVC today vs when we bought in 2002, I would have passed on it. I used to think of DVC as standing above the other brands, but now they are copying their lower competition like Westgate.
It's hard to find ANYTHING last minute at DVC (except Saratoga Springs and Animal Kingdom). To be honest, I wish DVC would find a way to clamp down on the big renting companies. There used to be a "pride in ownership"....I won't go into my deep feelings about this. Many people profit from this practice. And DVC, from what I have been able to find, does not seem to go after owners for damages and theft when they are not the ones using their points. Not painting renters with a broad brush....but there used to be a saying "don't worry, it's a rental" and "don't worry, the landlord with fix it".
I think, and I may be wrong, that new DVC prospective buyers are much more aware of other timeshares when compared to Disney. There are so many popping up around Disney. And there are so many commercials out there about "help me dump my timeshare".
Although I would not advise anyone to buy DVC unless they have the cash on hand or can do a short term loan at a very low interest rate. That is what we did with our first purchase in 1997. It was a real struggle but we paid off our first contract in a year.
And they do have ROFR....since they will not buy your contract from you directly (unless you foreclose on it or don't pay dues or whatever...not sure what happens in that case), you are forced to go to a resale vendor. And if they want it, they can take it. So I really don't think they are doing these things to discourage the resale market. Then again, I can be completely wrong.
I've never been sorry for any of my DVC purchases direct and/or resale. I DID pay way too much for Saratoga direct.....$90/pt when it wasn't even opened yet. But we used those points for BoardWalk stays for many, many years and two trips to Aulani. We never stayed at Saratoga. But since it is getting harder to change resorts at 7 months, I am glad we sold those points (for $102/point) to buy Riviera. We used those points for close to 15 years maybe more (can't remember what year we bought). But I think those days may be over. If the bubble bursts, I may have to snatch up some small contracts here and there.