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-   -   Purchasing Vero Beach reslae question? (http://www.disboards.com/showthread.php?t=3099701)

JessLCH 04-21-2013 04:49 PM

Purchasing Vero Beach reslae question?
 
If I were to purchase Vero Beach resale, I would probably never go to Vero Beach but use the points most years to go to WDW DVC properties and occasionally rent out my points. My question is....is this allowed...to purchase at a resort you never plan to use? What would be my chances of getting anything at WDW at the 7 month mark for busy school holiday times like Thanksgiving, February Vacation, New Years etc. There seem to be lots of Vero Beach points available for significantly cheaper $ per point than anywhere else.

Explain the pros and cons of my thinking or anything I don't understand. Thanks!

DannysMom 04-21-2013 04:55 PM

Quote:

Originally Posted by JessLCH (Post 48171220)
If I were to purchase Vero Beach resale, I would probably never go to Vero Beach but use the points most years to go to WDW DVC properties and occasionally rent out my points. My question is....is this allowed...to purchase at a resort you never plan to use? What would be my chances of getting anything at WDW at the 7 month mark for busy school holiday times like Thanksgiving, February Vacation, New Years etc. There seem to be lots of Vero Beach points available for significantly cheaper $ per point than anywhere else.

Explain the pros and cons of my thinking or anything I don't understand. Thanks!

Buy where you want to stay. The "cheap" VB contract will cost you far more in the long run in maintenance fees than if you just bought at one of the on site WDW DVC locations. SSR is very nice & if you can never plan until 7 months out, you will be staying there frequently.

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

JessLCH 04-21-2013 05:05 PM

Quote:

Originally Posted by DannysMom (Post 48171291)
Buy where you want to stay. The "cheap" VB contract will cost you far more in the long run in maintenance fees than if you just bought at one of the on site WDW DVC locations. SSR is very nice & if you can never plan until 7 months out, you will be staying there frequently.

Sent from my iPad using DISBoards App, please excuse any typos or autocorrects!

Thanks, actually I usually CAN plan at 11 months but was looking for a large amount of points (400-500) for not a lot of $. We usually travel during peak periods with extended family requiring a large point amount for (usually) 2 two bedroom villas. Our one stay at SS was mixed. Liked the property okay overall but our room was intolerably musty/moldy smelling. We switched rooms and STILL had the same problem, even after they did a "deep clean." So, overall, not crazy about purchasing there.

Deb & Bill 04-21-2013 05:05 PM

Don't buy VB unless you plan to stay there. You will never be able to book at WDW until seven months out. And if you want any time from early October through early January, you need the home resort advantage. I agree with SSR as an alternate or OKW as well.

DannysMom 04-21-2013 05:42 PM

If SSR is not your cup of tea, you might think about either OKW or AKV for an on site home resort.

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disneynutz 04-21-2013 06:01 PM

Quote:

Originally Posted by JessLCH (Post 48171368)
Thanks, actually I usually CAN plan at 11 months but was looking for a large amount of points (400-500) for not a lot of $. We usually travel during peak periods with extended family requiring a large point amount for (usually) 2 two bedroom villas. Our one stay at SS was mixed. Liked the property okay overall but our room was intolerably musty/moldy smelling. We switched rooms and STILL had the same problem, even after they did a "deep clean." So, overall, not crazy about purchasing there.

Dues at VB will cost you $3700.

Dues at SSR, $2405.

I am a firm believer that you should buy where you love to stay, that's why we own at 5 resorts.

:earsboy: Bill

ELMC 04-21-2013 06:07 PM

Quote:

Originally Posted by JessLCH (Post 48171220)
If I were to purchase Vero Beach resale, I would probably never go to Vero Beach but use the points most years to go to WDW DVC properties and occasionally rent out my points. My question is....is this allowed...to purchase at a resort you never plan to use? What would be my chances of getting anything at WDW at the 7 month mark for busy school holiday times like Thanksgiving, February Vacation, New Years etc. There seem to be lots of Vero Beach points available for significantly cheaper $ per point than anywhere else.

Explain the pros and cons of my thinking or anything I don't understand. Thanks!

You'll figure out the "catch" when you get your first dues bill. Remember, dues increases are percentage based. So a 4% increase on VB is larger than a 4% increase on OKW.

As far as booking goes, you should usually be able to get "something" at the 7 month mark. But for the amount of money you will be spending, do you really want to settle for whatever's available?

JessLCH 04-21-2013 06:24 PM

Okay, thanks all, I think I am beginning to understand. Based on this, AKV would be a better fit for us to consider, I think.

Now, tell me about owning multiple contracts...what if I were to buy say 160 points each contracts at two or three different properties, for example:

AKL; 160
BLT: 160
SS:160

How would that impact my ability to combine any of these points and book at various resorts at the 11 month mark? For example, if I needed 480 points for one trip at AKL, could I combine all the points and book at the 11 month mark, or only book 160 points worth at AKL at 11 months?

Can someone explain to me the pros and cons and things to know about owning multiple contracts at different resorts...or even the same resort?

LisaS 04-21-2013 06:33 PM

From 11 months until 7 months plus one day from check-in, points are restricted to use at their home resort. In other words, if you want to book AKV in the home resort points booking window, you need AKV points. At 7 months or less from check-in, any points can be used to book any resort.

You can bank and borrow your AKV points and accumulate up to 3 years worth of points to use for one trip (or four years worth if your trip spans two Use Years). If you need more than that, you could try to arrange for an AKV owner to transfer AKV points into your account.

Just being an owner somewhere is not sufficient. Having enough of the right points is what matters. For example, I don't own at BLT but could have BLT points transferred into my account and use them to book BLT 11 months out.

JessLCH 04-21-2013 06:36 PM

Quote:

Originally Posted by LisaS (Post 48172080)
From 11 months until 7 months plus one day from check-in, points are restricted to use at their home resort. In other words, if you want to book AKV in the home resort points booking window, you need AKV points. At 7 months or less from check-in, any points can be used to book any resort.

Thanks, then why do people own at multiple resorts?

And , one more thing, what about buying multiple contracts at the same resort, say 2 or 3 160 point contracts at AKV, for example. Would the use year on each mess up the ability to combine the points for one reservation?

LisaS 04-21-2013 06:43 PM

Quote:

Originally Posted by JessLCH (Post 48172103)
Thanks, then why do people own at multiple resorts?

I own at multiple resorts so that I can book there 11 months out. I have enough points at VWL to book there every other year by banking (and sometimes also borrowing) my VWL points to accumulate enough to stay there every other year. In the alternate years, I use my small AKV contract to do the same thing.

Quote:

And , one more thing, what about buying multiple contracts at the same resort, say 2 or 3 160 point contracts at AKV, for example. Would the use year on each mess up the ability to combine the points for one reservation?
If you own multiple AKV contracts with the same UY, they can function as one contract and be used to book one stay.

If the contracts have different UYs, then they will be under separate memberships. To use them for one stay, you have a few options. You can transfer points from one contract to the other (something you can do once per UY) or you can book some nights under one reservation from one contract and the rest on a separate reservation from the other contract and have MS link the two reservations.

ETA: The issue with linked reservations is that you have to check out and check in again and get new keys. If you intend to purchase multiple contracts, it's easier if they have the same UY.

chitwnnole 04-21-2013 09:53 PM

Quote:

Originally Posted by LisaS (Post 48172080)

Just being an owner somewhere is not sufficient. Having enough of the right points is what matters. For example, I don't own at BLT but could have BLT points transferred into my account and use them to book BLT 11 months out.


Is this accurate? If so this really changes things for me.

dbs1228 04-21-2013 10:31 PM

Quote:

Originally Posted by chitwnnole (Post 48173983)
Is this accurate? If so this really changes things for me.

Yes you can but you can only transfer out OR in once per UY and you would have to find someone to transfer you the points at a cost of about 12.00PP or more.

LisaS 04-21-2013 11:30 PM

Quote:

Originally Posted by chitwnnole (Post 48173983)
Is this accurate? If so this really changes things for me.

Transferred points retain their home resort and Use Year.

TinkTatoo 04-22-2013 02:23 AM

Quote:

Originally Posted by JessLCH (Post 48172103)
Thanks, then why do people own at multiple resorts?

And , one more thing, what about buying multiple contracts at the same resort, say 2 or 3 160 point contracts at AKV, for example. Would the use year on each mess up the ability to combine the points for one reservation?

I own at multiple resorts, I have a couple of BLT contracts that I only use to stay at BLT and get 11 month home advantage and book either MK or standard view rooms. I'm going through ROFR on an AKL contract that I will initially only use to book ALK and I have a couple of OKW contracts that I use to book wherever we'd like to stay at 7 months.

All my contracts have the same use year which makes it straightforward when booking and gives me the ability to use whichever contract I want at the 7 month mark.


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