From Disney - Buy Dvc

: You become an "eligible member," granting you access to the Membership Magic program, which includes discounts on theme park tickets, annual passes, and up to 20% off at most Disney restaurants.

: Direct points can be used at any current or future DVC resort, including the Disney Riviera Resort and The Villas at Disneyland Hotel, which often have heavy restrictions on resale points. buy dvc from disney

: Direct prices are set by Disney and are typically significantly higher than the $38–$50 per point seen on the DVC Store resale market. : You become an "eligible member," granting you

: If you plan to use points for the "Disney Collection" (like non-DVC Disney hotels), you must book at least four months before the end of your "Use Year". : If you plan to use points for

: If you find yourself just short of a reservation, Disney allows you to purchase up to 24 one-time-use points per year for $20 per point (plus tax) at the time of booking.