any DVC'ers buy an every other year timeshare somewhere else?

[lodgelady]

I was just on the Timeshare store site and saw these listed. I am a timeshare newbie and never heard of such a thing. It sounds like a good idea to me.....

 

[Dean]

It's a good idea but the problem is that the prices for an EOY is not that much less than an every year. If you find the right resort at the right price, go for it. One thing to be careful of is the rules of using and banking, they can be more difficult with some EOY properties.

I bought points at Paradise Village in MX just for this reason. I'll likely use it EOY or every 3rd year. The points can be more flebible as every DVC member knows.

 

[slimplaw]

We have one in Daytona that is every other year. It was half of yearly price. We get one week(Sat-Sat) every other year. We can go any week of the year with the exception of Bike Week and Daytona 500 time.

 

[ng6ny]

I recently bought a EOY Kona Coast II resale, with the plans to use it 1 year, then to trade it in the next use year and to alternate accordingly. In the year that I would be using it, I would try to do a DVC/II exchange with my points and try to get a second week to make it worthwhile to fly all the way to Hawaii from the East Coast.

Haven't traded it yet, so I don't know what kind of trade power I have, but I will be depositing this year's week with sfx-resorts and they said I should qualify for a bonus week as a platinum member.

 

[lodgelady]

Wow ng6ny- that is quite a plan! Hope it works out for you!
Another Q:
With DVC we pay maintenence fees every year even though we may choose to use it only every other year. Is this the case also with EOY purchases or do you only pay the fee in the year it is yours to use?

 

[Diznut84]

Lodgelady,

You should join Tug ! Those folks can help you make these types of decisions.

Personally, I think you should examine whether you want to own primarily to use or to trade. People disagree as to which is the better strategy. I think it is simply a personal decision.

Dean owns some fantastic quality resorts that he buys so that he can use and others that he owns to capitalize on internal trading priority rules with Marriott.

Other TUGgers buy simply to use. Others buy solely to trade.

In my opinion, that is your first big decision to make. If you are buying to trade, TUGgers can help you maximize trade power for the least cost. If you are buying to use, you can try and use some resale companies to help you get the lowest price (and these are SUBSTANTIALLY cheaper than buying from the developer). Most people grossly overpay for their timeshares!

Good luck!

 

[ng6ny]

lodgelady: For the KCR II, I am billed for half of the maintenance fee every year. Other resorts may operate differently and the fees may be due only in your use year.

As everyone is saying, join TUG, explore and learn. I've been reading the TUG boards for the last year before I decided to make this purchase. I know Hawaii has high maintenance fees, but I wanted something that I could use periodically, yet still have high trading power. Also, the price that I paid was below what was listed in the historical sales chart on TUG.

 

[lodgelady]

Thanks everybody! I'm headin' to the TUG board!