? On buying multiple point contracts over time

Discussion in 'Purchasing DVC' started by chitwnnole, Dec 9, 2012.

  1. chitwnnole

    chitwnnole Earning My Ears

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    I am thinking of purchasing DVC points over a multi year period. For example : Purchase 100 points in 2013, 50 in 2014 and 100 in 2015. I would then at some point be able to use all 250 points in one year

    I read this restriction on another site and wanted to get clarification "DVC has instituted a limit of one transfer per member (or membership) per use year*"

    Does this mean that I need to set up each contract into a different use year or can I actually keep them all in the same use year and combine them when I want to use them

    Thanks for any feedback
     
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  3. Missyrose

    Missyrose DIS Veteran

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    If all your contracts have the same UY, they will function as one membership and wouldn't require transfers to combine them.
     
  4. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    All contracts have to be titled the same and have the same UY to be combined under one account/membership.

    Contracts for each home resort can be used at 11 months at that resort or used elsewhere at 7 months.

    :earsboy: Bill.
     
  5. glokitty

    glokitty Earning My Ears

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    What if you bought a contract before the 2011 restrictions, and then buy a resale after with the same purchasers, use year, and resort - would that contract get the same membership id?
     
  6. DizBub

    DizBub Totally Addicted

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    Yes, if they are titled exactly the same and in the same UY they will be under the same membership #. Direct or resale, even a different resort, doesn't matter.
     
  7. Missyrose

    Missyrose DIS Veteran

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    The membership numbers would be the same, but the points bought after March 2011 would carry the restrictions.
     
  8. disbound09

    disbound09 Mouseketeer DVC Gold

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    Ok so I have my SSR 320 Aug UY, I add 50 BCV and 50 HH all titled the same all same Aug UY 11 months out I wouldn't have 420 to use I would only have the amount of each resort contract. Correct? So at what point can I combine them and use them together? 7 months I am guessing. So what is the benefit of the small contracts and why are they sold at a premium.
     
  9. Dean

    Dean DIS Veteran<br><a href="http://www.wdwinfo.com/dis

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    Unless you'll be trying to get different home resorts, you'd likely be increasing your cost by around $3K over just buying a single contract for no real reason. Unless you can find a private seller who's willing to help with a cheap closing or you're planning on multiple home resorts and are certain that's what you want, I'd suggest you buy all in 1 batch even if you have to wait or even if you have to buy a few less than you're thinking and save the money your current plan would cost you. There are always options to supplement points.
     
  10. disneynutz

    disneynutz DIS Veteran DIS Lifetime Sponsor

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    You can combine at 7 months.

    If you later decide to cut back your holdings, you can sell a small contract instead of a 300 pointer and small contracts are easy to sell to anyone who needs a few more points.

    You can always bank and/or borrow the small contract points doubling or tripling the points for home resort advantage every 2 or 3 years.

    :earsboy: Bill
     
  11. disbound09

    disbound09 Mouseketeer DVC Gold

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    I think I've got it, so the points typically are so you don't have to borrow, bank as much. I assumed they were to gain an advantage using 11 month window to book sooner.
     
  12. icydog

    icydog DIS Veteran

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    I've purchased my points as I need them. I have 4 contracts, two at Disney's Beach Club Villas and two at Disney's Old Key West, with one member number (ID) and one use year.

    I thought I was only going to buy Beach Club Villas but the need for the bigger rooms, the grand villas, and the cheaper points made the purchases at Old Key West a necessity. Plus, my kids like it better since they have been going there since they were teenagers.
     
  13. Sandisw

    Sandisw Moderator Moderator

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    It can give you home resort advantage for that points at that resort. And, even small contracts can get you something. For example, a SV studio at BWV during F&W in October for 4 night trip over a weekend would only be 48 points. So, having just 50 points there would allow you to get that hard to book room at a very popular time.
     

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