Buy a small contract to start

[Keira1387]

From other threads, it seems DVC is offering standard financing (14.75%) to most financing purchasers (those with FICOs less than 750). Preferred financing is about 10.75%. The down payment is dependent on credit rating and can vary from 0% to 30%. DVC is very liberal with their financing compared to a lot of companies when it comes to qualifying those with marginal credit. It will be interesting to see if that continues in the current economic environment.

Thank you!

 

[Laxmom]

So if you buy a small contract and you can only maybe get one or 2 nights out of it per year (depending upon time of year and accommodations of course)- i heard it could be very hard to get a reservation for only a short amount of days needed especially for a weekend. I am not sure if this applies to booking 11 months out but i have read peoples dismay at NOT being able to book a 1 or 2 nights so easily.
I am referring specifically to people who own at BCV,VWL,BWV especially . The larger resorts you could get in. But i always want to be able to use my home resort which will be one of the above i listed.

Has anyone had any experience with getting shut out trying to book one-2 nights at these resorts or any DVC resort?

Not neccessarily true. BWV and BCV would be difficult at short notice even if you own there. We just got a 2 bedroom at VWL for Labor Day Weekend for 2 nights at the 2 month mark. Weekends are actually easier because most DVC'ers stay during the week to get the most for their points. By the same token, bigger units are easier also because studios fill up first. Again, because most want to take more trips and be careful with the points.

If you always want to be able to stay at one of those resorts on your stay, then you had better take full advantage of the 11 month booking window and not wait until last minute.

Our plan was to buy enough points, cash, to stay in a studio once a year at our preferred time of travel. The next addon gave us enough for a one bedroom for 5 nights. Eventually, we want to have enough for a full week in a 1 bedroom. We figure 30 more points should do it and we will have paid cash for it all while still getting to vacation every year for at least 5 days.