Disney Vacation Club (DVC) is a popular timeshare program that allows members to enjoy Disney vacations year after year. However, sometimes life circumstances change, and members may need to sell their DVC points.
So, the question arises: Can you sell your Disney Vacation Club points? The answer is yes, but there are some important things to know before doing so.
Understanding DVC Points
Before discussing the process of selling DVC points, it’s essential to understand what they are. DVC points are a form of currency used within the Disney Vacation Club program. Members purchase a specific number of points that can be used to book accommodations at Disney Vacation Club Resorts or other Disney properties.
The Process of Selling DVC Points
DVC members can sell their points through third-party brokers or directly through Disney’s resale program. However, it’s important to note that there are restrictions on selling DVC points.
- Restrictions on Selling Directly Through Disney: If you purchased your DVC membership directly from Disney and want to sell your points through their resale program, there are some restrictions. First, you must have owned the membership for at least six months before listing it for sale.
Second, if you have used any of your points for reservations in the current use year or next use year, you will not be able to sell those particular points.
- Restrictions on Resale Brokers: Third-party brokers may offer more flexibility when it comes to selling DVC points. However, they may charge fees for their services and may not offer as high of a resale value as selling directly through Disney.
- Pricing: The price for selling DVC points can vary depending on several factors such as the resort location and time of year. It’s important to research the market and compare prices before deciding on a selling price.
The Benefits and Risks of Selling DVC Points
Selling DVC points can be a great way to recoup some of the initial investment, especially if you no longer use your membership or need the funds for other purposes. However, there are risks involved that must be considered.
- Lower Resale Value: Selling DVC points on the resale market may not yield as high of a return as the initial investment due to market fluctuations and fees associated with selling.
- Loss of Membership: Selling all of your DVC points will result in a loss of membership, which means forfeiting the ability to book accommodations at Disney Vacation Club Resorts or other Disney properties.
- Taxes: If you sell your DVC points for more than you purchased them for, there may be tax implications. It’s important to consult with a tax professional to understand any potential tax liabilities.
In Conclusion
Selling DVC points can be a viable option for those who no longer use their membership or need funds for other purposes. However, it’s essential to understand the restrictions and risks associated with selling. If considering selling your DVC points, research the market and consult with professionals before making any decisions.