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Adding on 25 points direct to increase chances of future perks/pass savings

Discussion in 'Disney Vacation Club - DVC' started by capjak, Feb 2, 2018.

  1. capjak

    capjak TUG Member

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    I just added 25 points direct and currently own Beach club with full benefits and SSR that are restricted. I may sell BCV so I thought I would add ob direct to increase the possibility of havinng annual pass discounts in the future assuming they continue to have them for anyone that bought direct.

    Add on was at SSR $151 per point, maybe not a great move but I am willing to roll the bones on this one at $3800 all in,

    Anyone else do this or going to do this? Figure I can sell BCV in a year or so since we never stay at DVC (the wife likes Marriott Timeshare better).
     
  2. rickandcindy23

    rickandcindy23 TUG Review Crew: Expert TUG Member

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    Yep. I am going to do this, and that doesn't seem ridiculous to pay for the benefits of the perks.
     
  3. Dean

    Dean TUG Member

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    IMO for most it's the best option. The issue in your case is you have the option without adding on. Unless you own a bunch of BCV points it may be better to just keep that and rent out rather than selling that, paying a commission and paying retail for the 25 points. The devil is in the details.
     
    rhonda likes this.
  4. capjak

    capjak TUG Member

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    I have a lot of timeshares DVC Beach Club 150 points, DVC Saratoga 150 points and I do not use these two only rent out for now. I own WKORVNorth 2 bedroom annual oceanfront view, Sheraton Vistana Villiages Key West annual 2 bedroom, Marriot Grande Vista 3 bedroom EOY Even and its enrolled in point system, HGVC Flamingo annual 1 bedroom. So I have lots of options was looking at saling DVC and possibly adding on at Marriott and Westin.
     
  5. Dean

    Dean TUG Member

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    Then you might consider what I have looked at (but not yet done). Adding on 25 points then selling the rest of the DVC holdings. Or you might just sell completely depending on the value of having qualified points. I'm not sure what you're plans are since you were planning to keep part of the DVC points and then do an add on to be qualified, I presume that's because you'll still go at times and were looking at the perks, ? mostly for the pass discounts.

    Regardless, I'm not sure having to do a retail add on to keep the SSR is the best option for the situation you've described. It seems you'll still be renting and you want retail perks. In that situation it might be better to just sell the SSR and keep the BCV rather than having to do the add on. If the RTU expiration is the issue, I personally don't think that's a reasonable option to go this route. If it's the dues, you can rent out the BCV for enough extra to cover those. $$$ wise you won't come out ahead either since you'll lose the commission on the sale plus the extra for the add on in the $4K range. You said the SSR was restricted, I'm presuming it has the latest restrictions with no perks or we wouldn't be discussing this. If it has the perks but not the ability to use for cash options like DCL then my suggestion would be different (no add on then possibly just keep the SSR).
     
  6. Jayco29D

    Jayco29D Guest

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    We got so lucky. At the end of 2017, we bought 470 DVC points at 5 home resorts (Grand Cal, Grand Floridian, Aulani, Poly and Animal Kingdom). We bought about half direct and the other half resale before the DVC price increase was announced. If we bought it all direct now, we would pay over $30,000 more. Even the points we bought direct have increased on the resale market due to the impact of the DVC price increase slowly making its way to the resale market pricing. Now the price we paid direct for some of our points seems like a bargain. We even got a small direct add-on contract at Poly before the huge price increase and DVC announced Poly was sold out. We could sell all our contracts tomorrow and probably come out a little bit ahead. If anyone is contemplating buying DVC points, I would recommend considering buying them soon before resale prices go up even more.
     
  7. Jayco29D

    Jayco29D Guest

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    P.S. the benefit of small contracts 25-50 points is you can bank and borrow and stay a lot of nights at some resorts. Our small contracts are 30 points at Poly (90 points with banking/borrowing) and 40 at Animal Kingdom (120 points with banking/borrowing). The points per night for Poly deluxe studios and Animal Kingdom one bedroom value rooms during choice and adventure seasons are pretty low so you can get great vacations with small contracts if you go every 2-3 years. With the 11 month window, I have been able to book the rooms I want with no problem. We almost always book 1 bedrooms at DVC. It is nice to own a bunch of different resorts so we can use the 11 month booking window and use our points in the most affordable way. The other way we are using our small contracts at Poly and Animal Kingdom is for filler nights on split stays so we can extend our vacations by a few days with lower point nights. Even during high seasons, the Poly deluxe studios and AK 1 bedroom value rooms are pretty reasonable. With good planning, I think DVC is a great program. In 2018, we have 3 nights at Aulani (1 bedroom) during high season and 10 nights at WDW (all 1 bedrooms except Poly) during choice season booked and we still have 110 points left for using in 2018 or banking into 2019. We also own weeks at Marriott, Westin and Four Seasons but, so far, I really like the DVC points program quite a bit for the flexibility and I have found availability at 11 months to be great. I even was able to book my preferred rooms at 7 months at a few resorts but that is taking a risk.
     
    Last edited: Feb 6, 2018
  8. Southerngirl528

    Southerngirl528 TUG Member

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    Who knows what DVC will do in the future, but I am hearing rumblings they may increase the minimum add-on to buy direct for resale owners to be able to get perks/benefits. Only time will tell of course. :shrug:
     
  9. Jayco29D

    Jayco29D Guest

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    Yes I heard they will increase minimum add ons too. Also I think the prices will continue to go up for new DVCs. I suspect if they open a new DVC in Disneyland (as is being rumored), it will sell for well above $250 pp. I wonder what the price will be for the new Riviera DVC near Epcot with the new gondola transportation.
     
  10. Southerngirl528

    Southerngirl528 TUG Member

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    Hearing similar things, Jayco29D. The pricing being above $200/point is kind of mind-numbing..... o_O
     
  11. capjak

    capjak TUG Member

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    The Plan would be to sell all DVC as we like staying at Marriott in Orlando better than DVC and DVC is at a premium right now. BCV with the expiration getting closer will start losing its value and SSR will as well so looking to cash those in and still have 25 points direct for annual pass discount. I would rent out the 25 points when possible to cover the MF and some upfront cost.

    I bout Beach Club for $90/point and SSR for $74/point resale both fully loaded contracts that I rented out and should be able to sell for more than I paid.
     
    Last edited: Feb 7, 2018
  12. AnnaS

    AnnaS TUG Member

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    As of 2/25/2018, one will now need 75 min. point direct from Disney to get all the perks. If anyone is on the fence....do it now.
     
  13. Panina

    Panina TUG Review Crew: Expert TUG Member

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    Just out of curiousity, what perks do you get having the minimum points that are different from purchasing an annual pass?
     
  14. AnnaS

    AnnaS TUG Member

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    Membership Card
    Various Discounts/Offers
    Access to Special Events
    Some other things which of course won't get you far with a 25 point contract (Concierge collection DCL)
    Perks/Extras can go away at any time of course
     
  15. Panina

    Panina TUG Review Crew: Expert TUG Member

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    We always have purchased the military 5 day pass at a great price but going a few weeks a year puts us close to the highest annual pass that has lots of perks and discounts. Seems similar to what you listed but no buy in.
     
  16. Jayco29D

    Jayco29D Guest

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    Where was this announced? I have a lot of direct points as well as resale points so this should not affect me but I would like to read the announcement to double check.

    It seems unfair for DVC to raise the minimum direct points to get all perks. Are they grandfathering in people who bought 25 direct points with the expectation they would get all perks?
     
  17. rhonda

    rhonda TUG Review Crew: Veteran TUG Member

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    Log into your DVC member account and check your Notifications. That is, look on the same page that informs you of your upcoming banking window, reservation windows, etc.

    Yes, they are grandfathering all existing accounts.
     
    Last edited: Feb 12, 2018
    Jayco29D, AnnaS and Southerngirl528 like this.
  18. Dean

    Dean TUG Member

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    Since this is a developer add on and sales technique, I’d say they have the right to set them at whatever level of qualification they want. I can’t see them removing the perks from anyone who has them already.
     
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  19. Southerngirl528

    Southerngirl528 TUG Member

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    DVC was/is the ONLY TS I am aware of that has not restricted resale owners from the very beginning. They only first placed restrictions a couple of years and and grandfathered everyone prior to that in. They did not have to do that. As a longtime member, I agree with increasing the minimum points amount to buy direct for resale owners to get all the same perks. Maybe not a popular statement, but when one buys "used" one almost never gets all the same benefits as buying direct/new.

    Truth is one should never buy a TS for the "perks", the DVC contracts have clearly stated they can change and/or go away at any time. And the documents have stated that since Day 1. I bought because I have a big family and love staying in 2 bedroom accommodations as opposed to 2 hotel rooms. It has been a good investment for my family. The perks are just icing on that cake. :)
     
    Jayco29D and AnnaS like this.
  20. bendadin

    bendadin TUG Member

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    I'm waiting for the grandfathering thing to become one set date, all or nothing. Now there are 4 dates that need to be kept track of: Adventures/Concierge, Cruises, no membership card, and now minimum retail points. The Moonlight Magic has now become a hassle because it is looking for your retail contract for that reservation for advance party booking. Coming in through RCI wasn't catching it either and that took a couple hour phone call to fix. Reservations were sold out by noon on opening day. I'm sitting on a reservation for party night so we can go to the Hollywood Studios party. I don't even think that it is going to make to noon to be sold out on that one.

    And I think that DVC has done a really nice job of enhancing perks. Granted, we have only been members for 2.5 years, but I do buy the Gold passes. We made it to Moonlight Magic in MK, AK, DL, and EP last year. The platinum pass for the Gold price was a great perk. The kids really like the Epcot lounge and I am accumulating a quite a collection of DVC hats, magnets, and lanyards from the cruises. And, we have absolutely NEVER been hassled for an owner's update or even stopped by them at the DVC booths.

    We never got anything from Wyndham except for that hassle part.

    And in the end, if they flat out go with 75 points for perks, I will buy another 25. Not even a second thought.
     
  21. Dean

    Dean TUG Member

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    It'll never happen, they won't change them all to one. And you don't want them to be willing to because that'd mean they would be willing to change them away from you at some point in the future. Don't be fooled, the perks are largely a sales technique and where they might not be, it's free to DVC/DVD.
     
  22. Jayco29D

    Jayco29D Guest

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    Yes, they can do what they want. It does not affect us personally because we have 470 points and 170 are direct. Also, since they are grandfathering existing DVC members, it does not affect anyone except new buyers. So it seems fair to me now. I did not know the policy when I first commented. I hate to say this, but the stricter DVC gets with new buyers, the more valuable our existing points are on the resale market, when/if we are ready to sell.
     
  23. Dean

    Dean TUG Member

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    Not necessarily so. If you sell, the additions don't transfer. If they're overly successful in pulling members to retail then it will negatively affect sales prices. While no one knows how long the current market trends will continue, at some point there will be a hiccup along the way.
     
  24. Jayco29D

    Jayco29D Guest

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    As far as I know, perks did not transfer with retail before they increased to 75 point minimum for perks. I do not think DVC will be overly successful with the 75 point minimum is pulling from the resale market. I think it will be the opposite in that folks like us who know about the resale market will be less inclined to buy small contracts direct from DVC. I do not know what DVC’s strategy is in raising the minimum purchase to get perks. I suspect they are tightening up so they give less away on small purchases, just like they raised prices. To me, it sounds like a revenue and cost strategy. Disney did not report as good of earnings as analysts expected (they missed their revenue goals) yet Disney is wildly popular. So it was time for price increases. This is just a guess. Disney has raised prices on everything this year by a large amount on points, tickets, APs, transport, etc. I guess they want to give away fewer perks on small contracts. I am glad we purchased before all the price increases. I thought we paid a fortune buying our DVC points at the end of 2017 but if we bought the same thing now, we would pay a lot more and get no benefits with 3 out of 4 of our direct contracts.
     
  25. Dean

    Dean TUG Member

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    Given the current situation I would agree that there will be less smaller purchases but there will be more larger ones, at least of 75 points and likely beyond. Many will likely just buy retail that would have bought resale and done a 25 pt add on. Plus we don't know what they will do in the future to differentiate between qualified and non qualified points. It also costs more to sell and administer smaller contracts. I suspect the minimum to purchase will increase at some point as well, ? to 50 or 75. My guess would be 50 minimum. The question then would be if you're qualified and add on then sell later down to 50, will you still be qualified. Overall I suspect they'll make more with the changes than they'd lose with the 25 point contracts they miss out on.
     

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