When we first started getting APs, you could renew and get a voucher that would be activated on your next trip. WDW finally realized that folks were doing that, so they took away that option and started having renewals activate from the anniversary date of the pass. We have usually purchased an AP, used it fro 366 days, and then stayed home for 365 days before buying a new pass and activating it to start the process over. Now with the big
DVC discount, we are thinking we might just renew if we plan to travel in less than 6 months. For example: This year we activated our new APs on Dec. 31 for our New Years trip. We used them again in March and will be using them again in December. Usually, we would wait until January of 2008 to buy new passes, but with the discount, we are thinking it might be best to renew, since we are now pretty sure we want to travel to Florida for spring training annually, and that means another Disney date too!