Buying Disney Vacation Club on the resale market can save you thousands compared to purchasing direct from Disney. While the process involves more steps than a direct purchase, it's straightforward once you understand what to expect.
The DVC Resale Timeline
Typical Timeline: 45-75 Days
| Step 1: Find a Contract | 1-7 days |
| Step 2: Make an Offer | 1-3 days |
| Step 3: Sign Contract | 1-5 days |
| Step 4: ROFR Period | 25-35 days |
| Step 5: Closing | 10-21 days |
| Step 6: Transfer to Disney | 5-10 days |
Step 1: Research and Find a Contract
Before shopping, determine your needs:
- How many points do you need annually?
- Which home resort do you prefer?
- What Use Year works best for your schedule?
- What's your total budget including closing costs?
Step 2: Understanding ROFR
Disney's Right of First Refusal (ROFR) is the most unique aspect of buying DVC resale. After you sign a purchase contract, Disney has 30 days to decide if they want to buy the contract instead at your agreed price.
- Prices significantly below market value are more likely to be taken
- Disney exercises ROFR more often on certain resorts
- If Disney takes your contract, your deposit is fully refunded
- You can try again with a different contract
Step 3: Financing Your Purchase
If you're not paying cash, secure financing before or shortly after your offer is accepted. DVC resale lenders typically offer:
| Factor | Typical Range |
|---|---|
| Down Payment | 10% - 20% |
| Interest Rates | 11.9% - 14.9% APR |
| Loan Terms | 3 - 10 years |
| Closing Time | Same day - 48 hours |
Step 4: Closing and Beyond
Once you pass ROFR, the closing company handles the final paperwork and transfers funds. After closing, Disney processes the membership transfer, and within a few weeks you'll have full access to the DVC member website and can start booking your magical vacations.