Disney Vacation Club is a timeshare program that allows its members to enjoy Disney vacations year after year. But what if you no longer wish to be a member?
Can you sell your Disney Vacation Club membership? The answer is yes, but there are some important things you should know before making the decision to sell.
What is Disney Vacation Club?
Disney Vacation Club (DVC) is a timeshare program offered by The Walt Disney Company. Members purchase points that can be used to book stays at Disney Vacation Club resorts or exchanged for stays at other locations through the RCI exchange program. Members can also use their points for other experiences, such as cruises or guided tours.
Can You Sell Your DVC Membership?
Yes, DVC memberships can be sold on the resale market. However, there are some restrictions and guidelines that must be followed.
- The first step in selling your DVC membership is to contact Disney and let them know of your intention. This will allow them to provide you with information about the resale process, including any fees or restrictions.
- Disney has the right of first refusal, which means they have the option to buy back your membership at the price offered by the buyer. This process can take up to 30 days.
- If Disney does not exercise their right of first refusal, the sale can proceed with the buyer.
Factors That Affect Resale Value
The resale value of a DVC membership can vary based on several factors, including:
- The number of points included in the membership
- The resort(s) associated with the membership
- The current market demand for DVC memberships
It’s important to note that while selling a DVC membership may provide some financial benefit, it may not be the best option for everyone. It’s important to consider the long-term costs and benefits of owning a DVC membership before deciding to sell.
Alternatives to Selling
If you’re considering selling your DVC membership but are hesitant to give up the benefits of ownership, there are some alternatives you may want to consider:
- Renting out your points: You can rent out your unused points to others for a fee.
- Transferring points: You can transfer your points to family members or friends for their use.
- Borrowing points: If you don’t have enough points for a desired vacation, you can borrow from future years.
Conclusion
In conclusion, selling a Disney Vacation Club membership is possible but requires following certain guidelines and restrictions. Before making the decision to sell, it’s important to consider the long-term costs and benefits of ownership.
If you’re hesitant about giving up your membership, there are alternatives such as renting out or transferring points that may be worth considering. Whatever option you choose, make sure it aligns with your personal goals and financial situation.