Embarking on the journey of Disney Vacation Club (DVC) membership can be both exciting and a bit overwhelming for beginners. From DVC sales to understanding the nuances of DVC resale and DVC resales markets, there’s a lot to unpack. This comprehensive guide aims to demystify the process, helping you make informed decisions as you step into the magical world of DVC.
What is DVC?
Before diving into the specifics of DVC sales, it’s essential to understand what DVC is. The Disney Vacation Club is a vacation timeshare program owned and operated by Disney. It allows members to enjoy vacations at Disney resorts and other destinations worldwide. The program operates on a points-based system, where members purchase a certain number of points that can be redeemed for stays at DVC resorts.
Understanding DVC Sales
DVC sales refer to the process of buying DVC points directly from Disney. When you become a DVC member through direct purchase, you’re buying a real estate interest in a DVC resort. This purchase gives you an annual allotment of points to use for your vacations.
One of the key aspects of buying DVC points directly is the access to certain member benefits. These may include discounts on dining, merchandise, access to member-exclusive events, and more. Additionally, purchasing directly from Disney offers a sense of security, as you’re dealing directly with the company.
DVC Resale Market
The DVC resale market offers an alternative route to becoming a DVC member. In this market, existing members sell their DVC points, usually at a lower price than buying directly from Disney. The DVC resales market can be an attractive option for those looking to join DVC at a potentially lower cost.
However, it’s crucial to understand that buying through the DVC resale market comes with certain limitations. Resale buyers may not have access to some member benefits available to those who purchase directly from Disney. These could include things like access to certain member-exclusive events or discounts.
Pros and Cons of DVC Sales vs. DVC Resales
When considering DVC sales versus DVC resales, it’s important to weigh the pros and cons of each option. Direct sales offer full member benefits and the assurance of buying directly from Disney. On the other hand, DVC resales can offer significant savings, though with some limitations on benefits.
Navigating the Buying Process
Whether you choose direct DVC sales or the DVC resale market, understanding the buying process is crucial. For direct purchases, you’ll typically go through a DVC sales representative who will guide you through the selection of your home resort, the number of points to purchase, and the financial aspects of the deal.
In the DVC resales market, the process can be more complex. It’s advisable to work with a reputable DVC resale broker who can help you find available contracts, negotiate prices, and navigate the legalities of the transaction. It’s also important to be aware of Disney’s Right of First Refusal (ROFR), where Disney has the option to purchase the resale contract before it’s sold to an individual buyer.
Financing Your DVC Purchase
Financing options for both DVC sales and DVC resales are available, though they may differ. Direct purchases through Disney offer specific financing options, while financing a resale purchase may require seeking a loan from a third-party lender. It’s important to consider the long-term financial implications and ensure that the purchase fits within your budget.
Conclusion
Entering the world of DVC sales and DVC resales can be a gateway to years of magical vacation experiences. Whether you opt for a direct purchase or explore the DVC resale market, understanding the intricacies of each option is key to making a decision that suits your vacation style and budget. With this beginner’s guide, you’re now equipped with the essential knowledge to start your journey as a prospective DVC member, ready to create unforgettable memories with Disney.