Am I right in thinking this?

[abk96]

My dh wants to buy 200 pts. for SSR. I think we only need 170 or 180 pts.

This is my thinking. We aren't going to be able to go twice in one year, so we'd be visiting once a year.

When we buy in we get 2005 pts. which will have to be banked because we are already going in April and that is taken care of already. We wouldn't be going back again until after our 2006 pts. come out on Oct. 2006. If we go in April or May of next year, I figure the banked pt.s will take care of this trip and we'll have to bank 2006 pts. for our 2007 trip.

Am I thinking right or am I really confused? My dh says not to even think about the 2005 buy in points we're getting, but why shouldn't I. We're getting them and I want to make sure we don't over buy for our needs.

Some info on where we'd stay when vacationing once a year in Disney. Staying at one of the DVC resorts for 7 days in a 1 bedroom most of the time.

Thanks and I think I'm starting to lose it.

 

[senecabeach]

I can see you are very excited about your potential purchase !!

IMHO...an extra 20-30 pts. are a good thing and not that much excess... especially while the price lasts.

Also..you might be taking other friends, relatives and could use a 2 bdrm once in a while...or try the other resorts with a higher pt. value per stay??

 

[1000th happy haunt]

A one-bedroom in April can cost as much as 350 points if you go during Easter. The rest of the month is between 218-270 points depending on where you stay. A one-bedroom in May ranges between 196 and 252 points.

I understand how you're planning to use banked points, but it sounds like you're going to run out pretty quickly. Of course, you could always add on when that happens.

 

[rogerram]

the extra points you get now will not be there for long. In a few years you will wish you had a few extra points to have more flexability for maybe an extra day or a larger unit.

 

[pb4ugo]

from what i see on the boards, most everyone's first regret when buying into dvc is that they did not do it sooner...and the second most frequent regret is that they did not buy more points when they bought in.

so while you might suffer the first regret, buying those few extra points up front can help you avoid the second regret!

you can also consider buying the extra points now and perhaps heading off that much anticipated first case of addonitis!

and my last consideration would be to figure out if you will ever be able to buy those few extra points at a cost as low as they are now.

i sure would have bought sooner and bought more if there had been a way for me to do it! am just so happy that we did what we did when we did it.

 

[Jen D]

If you're planning one bedrooms for a week I would definitely go for the 200. You will be able to use the banked points for a little while to make up the shortfall but eventually you'll be into borrowing,etc. And any slight change-- going to a higher point resort, adding a night here or there, will throw you off more.

We bought 200 planning on one bedrooms and I can tell it will take a lot of planning to make it all work out.

 

[Boston5602]

I Have decided also to buy into DVC . When trying to figure out how many points I would need I thought 5000 would be nice ....but then I opened my wallet and thought 150 would have to do . Really I thought of the balance of what I wanted and what I would use and it came out to 180 points so I sat down and tried to figure out what would the monthly payment be if I financed ( of course I am ) with Disney and it turns out the difference for 180 points , What OP was thinking, and 200 points is only $23 a month . So for $23 a month I'll get the extra points now, like someone said while the cost is still good ( compared to april and so on ) Im going to give up HBO to do so and I'm OK with that. Good luck !

 

[sanilacjack]

received our pretty box in the mail last week.

We had first thought of 150 points, our Guide talked us in 160 because of the time share swap and then we ended up with 200.

We travel to disney about every year and a half due to having family in other parts of the county that we need to visit also.

The difference between 160 and 200 worked out to be about 50 a month, this includes the extra dues also.

I figure this will give us about 300 points per visit.

Kim

 

[mydogdrew]

If you can pay cash for 150 but would finance 200, get 150.

If you decide you need 200, get 150 and 50. Smaller contracts are easier to sell if need be. Not sure if you can finance the 50 in this case through DVC but if you can't pay cash for 50 then you probably should not be buying any.

In my view, financing the cost of prepaid future vacations does not make much sense. In the past it has worked out since values have increased and that leverage works to your advantage. What will happen in the future is less certain (except that you investment will have no value in 2054).