"So is this a plan"(buying dvc)

[ch1975]

So is this a plan? I buy 300 points at AkL,(we need 482 for 2 week stay)in the first year I bank 92 points' and rent out 208 this will go toward annual fees. Yr 2 I have my allotted 300 plus my banked 92 and I borrow 90 from yr3 this my holiday yr. yr3 I have my allotted 300 minus 90, I bank 92 and sell the rest, and the circle begins again.
If I will be wanting to travel mainly in August I buy a sept use yr deal,so at 11 months I can book my preferred dates at home resort, if I want to try a different resort one yr I need to wait until jan to book assuming my travel dates are he same,
So my questions are, if I wait till jan and try to book grand Floridian and it's booked up how likely is that my home resort or others will also be fully booked,
Has / does anyone regularly visit around July August and is it very busy ie not being able to book the resorts you want,
Is there anything in the dvc process I've missed or got wrong?
Just an after thought, Am I able to book my home resort at 11 months, check availability at 7 months of a different resort and swap bookings, ie cancel home booking and book new resort?

 

[ch1975]

So is this a plan? I buy 300 points at AkL,(we need 482 for 2 week stay)in the first year I bank 92 points' and rent out 208 this will go toward annual fees. Yr 2 I have my allotted 300 plus my banked 92 and I borrow 90 from yr3 this my holiday yr. yr3 I have my allotted 300 minus 90, I bank 92 and sell the rest, and the circle begins again.
If I will be wanting to travel mainly in August I buy a sept use yr deal,so at 11 months I can book my preferred dates at home resort, if I want to try a different resort one yr I need to wait until jan to book assuming my travel dates are he same,
So my questions are, if I wait till jan and try to book grand Floridian and it's booked up how likely is that my home resort or others will also be fully booked,
Has / does anyone regularly visit around July August and is it very busy ie not being able to book the resorts you want,
Is there anything in the dvc process I've missed or got wrong?
Just an after thought, Am I able to book my home resort at 11 months, check availability at 7 months of a different resort and swap bookings, ie cancel home booking and book new resort?

I've used Akl as an example because I had the points chart to hand, but I'm actually looking at BLT or OKW as they have the lowest fees of all the resorts

 

[kenspidey]

The biggest problem with this is your use year. If you travel mainly in the summer you would want a June Year so you could easily cancel and have time to bank points or reuse them. You always have 11 months prior to your vacation to book home resort. It doesn't go by use year.

Summers especially late summer is not a busy time for DVC

 

[ch1975]

The biggest problem with this is your use year. If you travel mainly in the summer you would want a June Year so you could easily cancel and have time to bank points or reuse them. You always have 11 months prior to your vacation to book home resort. It doesn't go by use year.

Summers especially late summer is not a busy time for DVC

ah so I was assuming i cant use my points until i actually have them in my account, so my use yr starts say sept 2014 and that's when i can allocate my points for 2015 trip.
but your saying even if my 2015 use yr starts in June 2015 i can allocate those points to a trip in august 2015 and book that trip 11 months prior (sept 2014)?
and this would be better in case i need to cancel a trip last minute and reallocate points before my 1 month deadline?

 

[disneynutz]

BLT has had one of the highest dues increases for the last few years and it may not stop. IMO the initial rate was set low to increase sales and the guides at the time made sure to tell prospective buyers that BLT had low dues.

Bill

 

[disneynutz]

ah so I was assuming i cant use my points until i actually have them in my account, so my use yr starts say sept 2014 and that's when i can allocate my points for 2015 trip.
but your saying even if my 2015 use yr starts in June 2015 i can allocate those points to a trip in august 2015 and book that trip 11 months prior (sept 2014)?
and this would be better in case i need to cancel a trip last minute and reallocate points before my 1 month deadline?

The points need to be available at the time of the stay, not when you make the reservation.

Bill

 

[ch1975]

BLT has had one of the highest dues increases for the last few years and it may not stop. IMO the initial rate was set low to increase sales and the guides at the time made sure to tell prospective buyers that BLT had low dues.

Bill

sorry got mixed up, we are looking at OKW or SSR, for location according to the missus, not because of the cheaper dues!

 

[chalee94]

but your saying even if my 2015 use yr starts in June 2015 i can allocate those points to a trip in august 2015 and book that trip 11 months prior (sept 2014)?
and this would be better in case i need to cancel a trip last minute and reallocate points before my 1 month deadline?

yes, you can book 11 months ahead based on your home resort...so a sept 2015 trip can be booked in oct 2014. that won't change based on UY.

you may want to read and bookmark the UY thread:

http://www.disboards.com/showthread.php?t=1942668

 

[nalajms]

sorry got mixed up, we are looking at OKW or SSR, for location according to the missus, not because of the cheaper dues!

SSR and OKW will likely have lots of availability at 7months for July & Aug. Studios will be the first to go.

If you're traveling every other year, you're better off buying 1/2 the points you need for your stay. Renting is not always guaranteed, and it will likely take a number of years to see a profit from renting the extra points to cover the initial buy in.

Also, think about what you'll do if you have 208 points to rent out and someone wants 200 pts. How likely will you be able to rent out the left over 8pts. Are you ok losing them?

 

[Dean]

So is this a plan? I buy 300 points at AkL,(we need 482 for 2 week stay)in the first year I bank 92 points' and rent out 208 this will go toward annual fees. Yr 2 I have my allotted 300 plus my banked 92 and I borrow 90 from yr3 this my holiday yr. yr3 I have my allotted 300 minus 90, I bank 92 and sell the rest, and the circle begins again.
If I will be wanting to travel mainly in August I buy a sept use yr deal,so at 11 months I can book my preferred dates at home resort, if I want to try a different resort one yr I need to wait until jan to book assuming my travel dates are he same,
So my questions are, if I wait till jan and try to book grand Floridian and it's booked up how likely is that my home resort or others will also be fully booked,
Has / does anyone regularly visit around July August and is it very busy ie not being able to book the resorts you want,
Is there anything in the dvc process I've missed or got wrong?
Just an after thought, Am I able to book my home resort at 11 months, check availability at 7 months of a different resort and swap bookings, ie cancel home booking and book new resort?

SSR will give you the best value. After reading through I wasn't sure if the possible rental was a one time thing. I certainly wouldn't buy to rent routinely. Is this an EOY or every third year plan? If it's EOY, I'd look at around 220 to 250 yearly, if it's every third year I'd suggest DVC might not be a good choice. OKW will have higher dues and it's likely BLT will catch up to SSR or get close so there's not enough dues savings there to justify buying for the lower dues. I assume you're looking at resale, if not, you should be in this situation.

 

[HokieGCC]

So if I am getting this right you should be able to do this with 1/3 the total points. It would go like this:

Year 1 - bank N points into Year 2 (no Disney trip this year)
Year 2 - borrow N points from Year 3 (this is your vacation year at 3N points)
Year 3 - (no Disney trip this year)
Year 4 - bank N
Year 5 - borrow N from Year 6
...and so on.

Technically this works. However, realize you will be paying dues every year including the years you don't get a Disney vacation. If N = 100 then your yearly dues will be in the $600 range.

 

[Msmithmd]

Correct, hokie. The risk is if you have to cancel/reschedule your trip in year two.

If you employ this strategy, it is really important to do it early in your use year.

Reason: If you did have an unexpected need to cancel the trip, both your year one and year three points are stuck in year two, and would expire if not used within that year.

If your trip plan goes off without a hitch, the every three year strategy would work. But it is a risk that you have to consider going in. Over a 30-50 year contract, there's a good chance that "life" will happen and make you reschedule, at least a couple times.

Planning on an every-three-year use plan is probably the absolute most important scenario to carefully choose your use year.

This isn't something I would recommend for a member without a crystal clear understanding of banking, borrowing, and UY. But for the right member, it would work just fine.

 

[Millionaire2K]

Keep things simple. Always get a use year for a time just before when you plan to travel. I travel in Oct all the time with a Aug use year. That way if something comes up you still have a lot months to use or rent the points.

Also I'm not a fan of borrowing in a 3 year plan. 3 year plans may cause you to loose points if things come up.

I say get just enough points based on 2 years of points.

So if your trip cost 482 points Id get 250 points.

year 1 bank all the points.
year 2 do the trip (bank the extra)
year 3 rent out 100% of the points you have left.
repeat.

What is great about this plan is if something comes up during the trip year you have 11 months to rent out the 250 banked points from year 1 and then you bank year 2 points into year 3. You can then still do the trip in year 3.

Also if you can't rent out all the year 3 points, you can still bank them into the next year because they were never banked. You then have all of that year to rent those remanding points.

With this system you will almost NEVER loose any points.

Hope this helps.

Also I always say... BUY POINTS AT THE RESORT YOU WANT TO STAY AT!! You will regret it if you don't.

GL.


It's always a good Idea to create a future plan with your points. If gives you a good understanding how the points move.

 

[Dean]

Keep things simple. Always get a use year for a time just before when you plan to travel. I travel in Oct all the time with a Aug use year. That way if something comes up you still have a lot months to use or rent the points.

Also I'm not a fan of borrowing in a 3 year plan. 3 year plans may cause you to loose points if things come up.

I say get just enough points based on 2 years of points.

So if your trip cost 482 points Id get 250 points.

year 1 bank all the points.
year 2 do the trip (bank the extra)
year 3 rent out 100% of the points you have left.
repeat.

What is great about this plan is if something comes up during the trip year you have 11 months to rent out the 250 banked points from year 1 and then you bank year 2 points into year 3. You can then still do the trip in year 3.

Also if you can't rent out all the year 3 points, you can still bank them into the next year because they were never banked. You then have all of that year to rent those remanding points.

With this system you will almost NEVER loose any points.

Hope this helps.



GL.


It's always a good Idea to create a future plan with your points. If gives you a good understanding how the points move.

While i agree that having a well suited UY is important for many, it isn't for many others. For some it's likely worth up to a full years points. I also agree that every third lot more risk and is rarely worth it though EOY can be good for many that have fairly stable plans. stable plans.

Also I always say... BUY POINTS AT THE RESORT YOU WANT TO STAY AT!! You will regret it if you don't.

For those where there's a must have, I'd agree. However, IMO, that is not most members plus a large % of those buying in really don't know what that is even when they think they know. I'd suggest that for many the buy the cheapest option you won't be disappointed at is a better approach though they become the same if one is very specific about choices. I'd also suggest that the further up the ladder in cost and specificity you go, the less likely DVC is to make sense as a purchase decision for many people. IF people are going to make a less than perfect mistake, I'd far rather it be on the low side than the high side. Far better to buy SSR at 150 points and hate it than 300 points at VGF and be unhappy with the purchase.

 

[Millionaire2K]

While i agree that having a well suited UY is important for many, it isn't for many others. For some it's likely worth up to a full years points. I also agree that every third lot more risk and is rarely worth it though EOY can be good for many that have fairly stable plans. stable plans.

For those where there's a must have, I'd agree. However, IMO, that is not most members plus a large % of those buying in really don't know what that is even when they think they know. I'd suggest that for many the buy the cheapest option you won't be disappointed at is a better approach though they become the same if one is very specific about choices. I'd also suggest that the further up the ladder in cost and specificity you go, the less likely DVC is to make sense as a purchase decision for many people. IF people are going to make a less than perfect mistake, I'd far rather it be on the low side than the high side. Far better to buy SSR at 150 points and hate it than 300 points at VGF and be unhappy with the purchase.

It all depends on the person.

I like to look at it this way. Would you want to own a resort that you do not want to stay at? I do not like staying at SSR. So if I "still" owed SSR points I would be concerned at 7 months EVERY year trying to get out of staying at SSR.

I would much rather a resort that I would be happy to stay at "if" I can't get other rooms at 7 months.

But that's me.

Also I don't think a person should buy DVC is they are a tiny bit unsure. I would be very upset spending $12,000 or $45,000.

But I do agree there is NOTHING wrong buying in cheap, stay all over as best you can. Then add-on resorts as needed. Then you could always sell off resort ownership you don't want.