add on points

[dvcmember]

I am going to purchase 150 add on points at Saratoga. I will be receiving 2 AP's and 10 dollars per point towards my downpayment . These will be 2005 points that I will receive August 1st. I have the option of getting 2004 points . I am trying to sort out pros and cons.
If we get 2004 points cons- we pay dues and mortgage right away. WE would only get 5 dollars per point towards the downpayment so we would have to come up with an additional 750 dollars out of pocket. On the pro sign we would have an additional 150 points to bank or rent out. Can anyone give me advice???? My DH says do whatever you want. Thanks in advance Barb

 

[KennyK]

DVCMember,

I also just added on at SSR with 130 pts. I took the 2004 pts. I guess it depends on your use yr and when you want to use the pts. Our use yr is Feb. They weren't offering any phase two incentives for Feb phase 2 use yrs as of yet but still had phase 1 pts for Feb. Since we were going to need those pts for our upcoming trips in March and April of 05, I went with the phase 1, I still got magical beginnings because we didn't use 2004 pts but all our pts were there for 2005.

We also own at VWL with a feb use yr.

I guess it depends on what is best for you. WE stayed at SSR last Sepetember during Hurricane Francis and even though we had to stay in our rm (1 bdrm) we really enjoyed the stay, the cast members were the best and kept checking in on us. They really cared. And threw a party for the guests later on when we could venture out of our rooms.

Good luck in your decision.

kennyk

 

[dvcmember]

bump.

 

[pumpkinboy]

Well, it's looking like the price differential between the phase 1 and phase 2 points is $5 a point ($10 off with no '04 points, $5 off with). We were faced with this choice when we added on 130 SSR points in September, and for us it was a no-brainer: if we wnated to rent out those points we could get $10 a point for them, so why miss out on them for a 5$ a point difference.

Yes it is $750 more you need to put down on it, but if you're worried about it, rent out half of them to cover that and use the rest. Also remember that you only need to add-on 130 points to get the APs, so if cost is the issue, add-on fewer points and take the 2004 points. You can do another 25 pont add on as finances allow later.