Add on strategy???

[arthur06]

Does anybody use "strategy" when doing an add-on? I am looking to add on 125 points at BLT. I just added on 125 in July this year. I have a Dec UY. Our next trip isnt until Dec '11. I have enough points for that trip. I have already banked this years points for that.

With a Dec UY, would I be better off waiting for Nov to add on points? That way I get '10 points then additional points in Dec. And only pay MF for a month of so...

Is this how you do add ons or do you just add them on as needed? Any help would be great? It would also give me a year to save more $$$ to put down.

 

[Sandisw]

I will be adding on another 30 points at BLT. The plan is to do them at the end of January (June UY) since I know that I can bank the 2009 points.

When I talk to my guide, I am going to try to delay the down payment until February 3rd (to miss the closing date on my credit card) and then to delay final payment until March 3rd (to miss the next one).

Since I will get 6 months, 0% interest on the Disney Visa, doing it this way, I won't actually have to finish paying for them until next September.

 

[arthur06]

I thought you were allowed to bank add-on points past the deadline?

 

[Sandisw]

I thought you were allowed to bank add-on points past the deadline?

I think that they do allow it (and one of the reasons why they changed the wording in the rules and regs to say that they have the power to do this if they choose).

I could postpone it but I know for sure if I buy in January there will be no issue at all. And, I will only have to pay the MF's starting in 2010 for them.

 

[Peggy Sue]

We've added on 4 times. The only suggestion I have is to add on small contracts as they are easier to sell than large contracts should you decide you wish to see any points later on down the road.

We purchased our first 3 add ons through Disney ..our last two through the resale market .... Disney could not match to price we got through the resale market ..and once all is said and done there isn't any difference between Disney and resale ...except the time line to complete the transcation. Disney is immediate, resale takes 6-8 weeks to complete...but it's very painless.

 

[mikeandkarla]

Does anybody use "strategy" when doing an add-on? I am looking to add on 125 points at BLT. I just added on 125 in July this year. I have a Dec UY. Our next trip isnt until Dec '11. I have enough points for that trip. I have already banked this years points for that.

With a Dec UY, would I be better off waiting for Nov to add on points? That way I get '10 points then additional points in Dec. And only pay MF for a month of so...

Is this how you do add ons or do you just add them on as needed? Any help would be great? It would also give me a year to save more $$$ to put down.

I think that is a good strategy if you are adding on through Disney. If you find a good resale contract with banked points and a Dec UY, you can buy that at any time.

 

[kespo]

If you buy resale and put it on your Disney Visa, do you still get the 0% interest for 6 months?

 

[mikeandkarla]

If you buy resale and put it on your Disney Visa, do you still get the 0% interest for 6 months?

NO. It must be through Disney.

 

[arthur06]

I think that is a good strategy if you are adding on through Disney. If you find a good resale contract with banked points and a Dec UY, you can buy that at any time.

I do plan on buying direct thru Disney... I bought my BWV contract resale and my BLT contract direct thru Disney. I really dont care which way I go. And if I wait for almost a year I might find a great resale contract. But I really want BLT, VWL, or BWV. That being said, I want enough points at BLT to have more options at the 11 month mark. RIght now I only have 125 there. I would really like to have over 200 so I have more MK view options in a 2br then I do now.

 

[lugnut33]

If you buy resale and put it on your Disney Visa, do you still get the 0% interest for 6 months?

The other thing I just learned today about resale is you can put the deposit up to $1000 on a credit card, but the closing company will ding you $50 to do that.

 

[DenLo]

I think it's smart to wait and buy the points until the end of your use year when you are buying direct from Disney saving some of the cost of the current MFs. Of course this would only work when you will be planning on banking the points using the exemption for banking after the deadline.

 

[5forDiz]

I thought you were allowed to bank add-on points past the deadline?

They (DVC) usually do allow this to happen but there was a recent thread here where they did not allow a member to do this when he added on couple years back and his only alternative, because he wasn't able to make use of the points in the time remaining in UY, was to transfer those points to another member who MS then subsequently allowed to bank those very points !! ( go figure ) I don't know if I can turn up the thread on search, it was an interesting read.

If you want to play it 100% safe what Sandisw suggests is a wise way to go about timing an add-on