Add-On Process

Toad_Passenger

Wild Ride Dreamer
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Feb 17, 2009
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DW are starting to get (back) into the DVC discussion, thanks to the resale market. My only question is, what is the process for adding points onto a contract? Such as price, etc.?

For example, if we were to buy a contract for 150 points, but decided the next year that we really needed 200 points. How does one go about doing that? Is it very expensive, and should we just look to get the biggest point contract we can afford?

It seems, on the surface, it would make sense to buy low and add points to the contract, but is that even possible?
 
you can either add on with Disney if they have what you are looking for or thru the resale market... just be conscious of use year and if your add - on has a different use year you will have 2 memberships and not one... add all the rules that go along with it...
 
DW are starting to get (back) into the DVC discussion, thanks to the resale market. My only question is, what is the process for adding points onto a contract?

you can call your guide and give them your credit card number and have an add-on contract in very short order.

you can also buy a resale with the same use year and same member name(s) on the title and it can be added-on to your current membership. but it takes longer and you may have to stay on top of things to make sure DVC adds it to your current membership.


Such as price, etc.?

here is a link to a good resource.

For example, if we were to buy a contract for 150 points, but decided the next year that we really needed 200 points. How does one go about doing that? Is it very expensive, and should we just look to get the biggest point contract we can afford?

it's really really easy to add-on (and there are no closing costs when adding on directly) but yes, if you are adding on a smaller contract, you can lose out on incentives that DVC offers on larger contracts.

similarly, small resale contracts are more expensive per point (both in pricing and due to closing costs).

getting a larger contract up front is less expensive (but it can also be tougher to sell down the road.)


It seems, on the surface, it would make sense to buy low and add points to the contract, but is that even possible?

yep - very possible (more complicated if you buy different resorts and much worse if you have different use years). but buying a small resale contract and adding on multiple additional small contracts will be more expensive up front than just buying one large contract. there are trade-offs.
 
Sorry, I'm a newbie and am trying to understand how all this stuff works. If I had 160 pt contract at BLT, could I purchase the 100 pt add on at AKV promotion that throws in the APs? I'm confused if an add on has to be at the same resort as your original contract or can be at another resort.
 

Sorry, I'm a newbie and am trying to understand how all this stuff works. If I had 160 pt contract at BLT, could I purchase the 100 pt add on at AKV promotion that throws in the APs? I'm confused if an add on has to be at the same resort as your original contract or can be at another resort.

You can add on a different resort.
 
Sorry, I'm a newbie and am trying to understand how all this stuff works. If I had 160 pt contract at BLT, could I purchase the 100 pt add on at AKV promotion that throws in the APs? I'm confused if an add on has to be at the same resort as your original contract or can be at another resort.

You can add on with as little as 25 points cash or 50 points financed through Disney. It can be any resort and you will qualify for whatever incentives Disney is offering for that # of points. For add ons, there are no closing costs so many times, for small ones, it can be easier to do it through Disney. When you add on at Disney, you will get the same UY that you already have.

If you go resale, you can also get whatever resort you want and whatever UY you want. However, if you buy with a different UY, regardless of resort, it would be a different membership #.
 
Thanks for all the information everyone. It really helps. How often do the point charts take a big jump for a weekly stay? If I "overbuy" by like 25-50 points, do I really need to worry about ever being "priced out" for the a week-long stay (considering I would always be staying during the same week @ the same level of Villa)?

I'm getting all my ducks in a row for this, because navigating the waters of DW for a purchase this big can be difficult.
 
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You can add on with as little as 25 points cash or 50 points financed through Disney. It can be any resort and you will qualify for whatever incentives Disney is offering for that # of points. For add ons, there are no closing costs so many times, for small ones, it can be easier to do it through Disney. When you add on at Disney, you will get the same UY that you already have.

If you go resale, you can also get whatever resort you want and whatever UY you want. However, if you buy with a different UY, regardless of resort, it would be a different membership #.


Just keep in mind if you buy a different resort the 7/11 window will come into play... you will only be able to book pts at your home resort at 11 and all others at 7....so if you have two different resorts and wat to combine points you will have to do some planning and hope that you can get what you want at 7 months... some folks with banking and borrowing stay every other resort for a each visit and avoid the 7 mth window issue altogether...
 
Thanks for all the information everyone. It really helps. How often do the point charts take a big jump for a weekly stay?

for a weekly stay, things won't usually change unless DVC moves - say - the first two weeks in december into a higher season. but to do that they'd have to drop the point costs for a couple of weeks elsewhere.

most of the point chart jumps that have owners a little miffed are in the weekday costs only. DVC has been making weekdays more expensive but making up the difference by reducing the point cost on weekends.

since the point charts on the whole can't change, any increases made have to be offset by decreases. for the most part, weekly stays won't be affected.


If I "overbuy" by like 25-50 points, do I really need to worry about ever being "priced out" for the a week-long stay (considering I would always be staying during the same week @ the same level of Villa)?

it's a risk(...especially if your week is in early december IMO - again, it has become so popular that i would not be surprised if DVC changed the season to a more costly one.) but for the most part, i wouldn't expect moves of more than 15-20 pts for weekly stays.

i would definitely hold off a few more weeks and see what the 2011 point charts look like to get a better idea of what DVC management is thinking.
 
Thanks, again.

I'm also reading about all the ROFR's that are going on, so hopefully when we make an offer (there are a few we're considering) we won't have any problems. Any advice on what kind of terms will get us past ROFR?
 
I'm also reading about all the ROFR's that are going on, so hopefully when we make an offer (there are a few we're considering) we won't have any problems. Any advice on what kind of terms will get us past ROFR?

here is the official DIS ROFR thread. things have been changing though so the older information from last year might not be helpful.

a good timeshare broker (like the site sponsor) should be able to make suggestions to help you avoid ROFR. (but if you have the time and don't need the pts soon, you won't lose anything other than time if DVC winds up taking the contract.)
 
Yeah I'm slowly getting this down as well. I started the "presentation" to DW last night, and, for some reason, she's a little hesitant all of the sudden. It was her idea in the first place to start looking again! :confused3

Is there a good thread that has all of the glowing reviews made by current DVC owners, or even one that is a bit critical? She's the type of person who needs to see what people love about things, but also what they may regret.
 
Just for clarification, then... if we buy an add-on at a 2nd resort, do both resorts become home resorts for the purpose of being able to book 11 months out?
 
So, hypothetically speaking, I could book the 50 points at the add-on resort at 11 months, but would have to wait to use the 200 from the original until 7 months. Correct?

YES! assuming you are booking the first resort at the same as the 2nd... or another that is NOT your home resort.
 
Just for clarification, then... if we buy an add-on at a 2nd resort, do both resorts become home resorts for the purpose of being able to book 11 months out?

Yes, you will get the 11 month advantage with the points at that resort. You can't combine them until the 7 month mark.

So, if you have 100 BLT and 100 AKV, you can book using 100 BLT points at the 11 month mark at BLT and book at AKV with the 100 AKV points. If you want to take advantage of banking or borrowing, you could use more.
 



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