What to Know About Buying Disney Vacation Club Resale by Owner
Did you know that there are currently thirty-six different resorts found around Walt Disney World? Nine of these resorts are known as Disney Vacation Club resorts.
Disney Vacation Club is a great way for Disney die-hards to visit their favorite parks on an annual basis. Unfortunately, these timeshare-style locations are undoubtedly expensive.
So, is there any way that people can save money on their DVC properties? The answer lies in a Disney Vacation Club resale by the owner. However, are there any drawbacks to buying a DVC this way?
Is there anything you should know? If you want to learn the answer to these questions and more, then you’re in the right place. In this article, we’ll walk you through everything you need to know about buying DVC through resale. Let’s get started!
How Much Can You Save Buying Disney Vacation Club Resale by Owner?
There are two main ways that you can purchase a Disney Vacation Club property. The first way is to purchase it directly through Disney. This way is more expensive. Why?
This is thanks to sales developers that like to tack on things like commissions, fees, and sales taxes. As such, you will inevitably end up spending more money if you go directly through Disney.
However, there is another option. You can purchase the timeshare through resale. That means that you are purchasing your membership from someone else who’s already gone directly through Disney.
The biggest benefit that comes with this method is the fact that you save money. Most of the time you can save between 40% and 50% of Disney Vacation Club purchases when you buy them from a reseller.
In some cases, you can even save 70% more. As we will see you do lose out on a few benefits that come with going directly through Disney. However, at the end of the day, we feel that the money saved more than makes up for it.
How Do Disney Vacation Club Points Work?
To understand certain elements of DVC resale it’s important that you first understand how the points system works. Each timeshare resale comes with a certain number of allotted points.
You can think of these points as cash that can be used to reserve locations at any of the Disney resorts. The more points that you have the more flexibility you have when scheduling your vacation.
Also, it’s important to note that DVC points can be saved or borrowed. So, if someone you know wants to give you DVC points, then you can accept them.
When you purchase a DVC directly through Disney you will need a minimum of 100 points rental plan. However, this isn’t true for DVC resales. With a resale, you can purchase ownership that’s as small as twenty-five points.
This greatly opens up the playing field for families that can’t typically afford the more pricey Disney DVCs.
What Transfers Over When You Purchase Disney Vacation Club Resales?
For starters, you get access to Disney resorts. Depending on the number of points you have this can be a small studio space or a four-bedroom villa. You also get access to amenities like a kitchen, balcony, full bathroom, and living room.
Daily housekeeping is also included. Here are some of the other things that are transferred with the DVC:
- Spa services
- Fitness centers
- Activity programs
- Shuttles to the parks
On top of that, you can also go resort hopping to other resorts that you want to check out. Just make sure that they’re nearby.
Are There Any Restrictions Place On Disney Vacation Club Resales?
Sadly, Disney Vacation Club resales aren’t perfect. The resale market causes a lot of competition for Disney. So, to discourage people from going with this method the company puts some restrictions on resales.
As we mentioned before, when you purchase a DCV property on resale, then you will be able to use the points on resorts. However, this isn’t true for some Disney locations.
For example, when you purchase through resale, then you can’t use your points on things like Adventures by Disney, or Disney Cruises. In addition to this, you’re also excluded from membership extras.
This includes things like discounts on your dining and tickets. While this isn’t ideal, we still think it’s worth it to pursue DVC resales. At the end of the day, the money you’re saving on the DVC far outweighs these benefits that come from going directly through Disney.
What Should I Do If I Can’t Afford a Disney Vacation Club Resale?
You shouldn’t purchase a Disney Vacation Club property if your budget can’t afford the expenses. However, few people have the funds needed to purchase a DVC in one lump sum. So, what’s the solution?
The good news is that there are a variety of lending programs that will front you of the money for the resort location. All you need to do is pay the loan back over a year or a decade.
What’s more, these lenders will even help you pay for resale properties. As such, you can save a lot of money and afford it too. Make sure to check out this article if you want to see the best DVC financing options that are available on the market.
Want More Content? Keep Reading
We hope this article helped you learn more about buying a Disney Vacation Club resale by the owner. As you can see, this is a great way to save a lot of money on your purchase.
However, like most resales, it does come with some drawbacks that you should be aware of. However, if you’re okay with them, then a DVC resale is the best way to afford the vacation location of your dreams.
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