Buy one resort or split between 2?

Ilyo

Happy DVC Member
Joined
Feb 14, 2012
Messages
47
Wife and I are considering jumping into dvc shortly and have been reading lots. We are budgeting for around 300 points and like AK and BW for resorts we would stay at regularly. I noticed lots of DVC members have multiple contracts at multiple resorts.

So should we be looking for one 300ish point contract or two contracts at two results? What are the advantages to splitting it?

Thanks
 
Wife and I are considering jumping into dvc shortly and have been reading lots. We are budgeting for around 300 points and like AK and BW for resorts we would stay at regularly. I noticed lots of DVC members have multiple contracts at multiple resorts.

So should we be looking for one 300ish point contract or two contracts at two results? What are the advantages to splitting it?

Thanks

I'm not a DVC expert so others can feel free to correct me. Your home resort can be booked 11 months in advance but only using the points in that resort. SO if you had 150 points in AK but your stay would require 170, you couldn't book the entire stay just 150 points worth. SO it might be better to keep the 300 in one resort if you plan on long stays.
 
Wife and I are considering jumping into dvc shortly and have been reading lots. We are budgeting for around 300 points and like AK and BW for resorts we would stay at regularly. I noticed lots of DVC members have multiple contracts at multiple resorts.

So should we be looking for one 300ish point contract or two contracts at two results? What are the advantages to splitting it?

Thanks

We own two different resorts. Points at each resort can be used at that resort at 11 months out or they can be combined at 7 months out when any points are good for any resort.

So when I wanted to book an OKW Grand Villa, I booked it at 11 months out using my current year OKW points and borrowed OKW points from the next year. I didn't have enough current year OKW points to book all seven nights that I needed. Thus I borrowed points.

Now this year, I booked VWL in early January for the marathon. I had enought points with three years worth of points (banked, current year and borrowed) to get seven nights in a two bedroom villa.

If there is more than one resort that you really like to stay at and it would be difficult to get it at 7 months out, you have points in more than one home resort. And you use banking, current year points and borrow next year's points if you still need more. Just like we did.

If you think you want the BWV BW view, you need points at the BWV to get that at 11 months out. If you want to stay at the BWV during F&W festival, you want to book that during the home resort period.

AKV might not be as difficult, but if you want to save points and book the value villas or you like those GV at Jambo House, you'll want to have points at AKV to book at 11 months out.
 
If you want to guarantee 98% availability at a certain resort, you need to own there. That's why we own a 5 different resorts.

:earsboy: Bill
 

For me I would buy two contracts.
a) in case I want to sell, gift one contract in the future.
b) I would buy the same use year. (it is important that you understand use year before buying).
c) by buying 2 different resorts, you have 2 different 11 month windows,
at two different resorts. Being able to bank and borrow points, you can expand
your point totals for that 11 months window. I think 2 150 point contracts would work well for week long studio, or 1 bedroom units vacations.

Note: If you are planning to do a week long 2 bedroom (or larger) units at the 11 month window, then you may want to consider getting 1 300 point contract instead.

This is just my opinion for what would work for me.
 
Having two seperate rsorts is certainly nice. I am in the process of buying my second contract at another resort. I wanted the extra points, but wanted to be able to book Wilderness Lodge at 11 months.

One note. the 11 month window only is useful if you can make travel plans in the 7 to 11 month window.
 
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Personal view is that I would not buy at a second resort until I had enough points for at least a week in a 2BR at one resort (we own at both BWV and AKV and did not purchase AKV before already having reached that desired level at BWV). Others would disagree and you could go with two and follow the alternate resort practice -- hit each resort every other year so you have two years of points to use at each by baking or borrowing so you can reserve 11 months out.

However, you have some other considerations based on the 2 resorts you mention. BWV's end date is January 2042 while AKV's is 2057. That BWV end date is a factor to consider if you are under 50 and a major factor to consider if under 40. However, if you like BWV and want to get either standard view (lower point cost) or boardwalk view (one of the best views at WDW), you really need to own there so you can reserve 11 months out since those are often gone come 7 months out.

At AKV, if what you would usually want is savanna or standard view, then you will find that it is fairly easy most times of year to get a room at 7 months out and thus ownership is not so critical there. However, if you want concierge or value rooms, you will need the 11 month window most times of year.
 
I can see some advantages and disadvantages to both.

If you like to stay at different resorts that are difficult to get without the 11 month window, you do need to own there. You probably will never get reservations for F&W at BWV or BCV with SSR points (or so I've read). So you should purchase according to availability when you travel. The other disadvantage I see is if you plans could change in the future. You may need 300 point now, but if you decide in the future you need less points, it is easier to sell one or both 150 pt contracts than 1 300 pt contract. I'm sure you're not buying with intentions to sell down the road, as I know I'm not, but others here have sold and added on in other resorts. Smaller contracts seem to be easier to sell. If you have one 300 pt contract, you can have up to 900 points at one time to book at your home resort if you've banked and borrowed. All 900 would be available at the 11 month mark, but at any other resort you'd have to wait until the 7 month mark to use them. But if you split 2 resorts, you could have 900 points available, with 450 at each resort at the 11 month mark. Lets say you had 150 at BW and AK. You could go this year with 300 points at AK, and bank the BW points. Next year you would have 300 at BW. So you give yourself a bigger booking window at each resort this way.

It really all depends on your travel habits. We bought only 125 BLT pts. This fits our needs right now and if we want to stay at other resorts, we are ok seeing what is available at 7 months. We will work with what is available at the time. If we need more in the future, we can add on then.
 
We just purchase 2 separate contracts because -
1) I think 2 -150 points contracts would be easier to sell down the road. You pay slight more on closing cost buying 2 contracts but minimal at best so no worries.
2) 11 months window at 2 resorts instead of 1

just make sure both contracts have same UY. Otherwise, you'll end up having 2 separate membership numbers.
 
The benefit of having the two smaller contracts is that it allows you to sell off some of your membership later on if you wanted and/or need to. If you buy 300 points, then it will be all or nothing.

In terms of home resort, that really depends on how you want to use the points and the 11 month window (as well as dues).

We own BLT and BWV but ended up with points at each resort around the same number--180 BLT and 150 BWV. We do a split stay every summer and wanted to be able to book each part at the 11 month mark so we could get the room views that we wanted--SV at BLT and either SV or BW view at BWV. Owning at each resort allows us to do this.

Plus, we bought a enough points at each so they function as though they are their own. We ended up with different UY's, which means different memberships, but again, we planned things out ahead of time to ensure that things would work the way we wanted.

In your case, if you own two resorts, you could either book like we do, split stays from the beginning., or what others do is alternate trips each year using banking/borrowing to take advantage of home resort booking window. For example, you own BWV and AKV. You bank BWV from year 1 and borrow AKV from year 2 so you have double the AKV points to use at 11 months for year 1 and then double the BWV points to use for the year 2 trip.

Good luck!
 
Wow....great info! Good reasons for both ways! Haha

We are a young (35) family of 5...so i know we need to be aware of which rooms allow 5. Love BW view from BWV but also like longer contracts and concierge at AKV....ugh...decisions! Haha

With use year, do i need to plan for points to be available at 11 month window or just before vacation? For example, on an October vacation, i would book the November before....so do i get a use year of aug/sept or oct/nov so use points are in bank before booking?

Thanks!
 
:) Yes you want a UY just before you usually travel. This is very important if you have to cancel a reservation.

DH and I have a DEC UY but we usually travel Oct-Nov. Not such a good UY if we are going to be there around Halloween. We should have gotten a OCT UY. If we have to cancel 30 days out or less then those points go into holding and I only have til 11/31 of that UY to use those points. It would be very difficult to re-book at that point and I could loose my points.

Now that we are trying to take a trip in May it is a better UY because my banking deadline is June or July 31--I forget right now. So if I cancel a May trip, I can potentioally still bank those points for that UY into the next one.

Good luck.

I booked to value studios at Jambo for 10/31-11/02...glad I had the home resort advantage. If we had not gotten those two rooms for less points, then we would not be able to take the May trip. We need an add-on :thumbsup2
 
Wow....great info! Good reasons for both ways! Haha

We are a young (35) family of 5...so i know we need to be aware of which rooms allow 5. Love BW view from BWV but also like longer contracts and concierge at AKV....ugh...decisions! Haha

With use year, do i need to plan for points to be available at 11 month window or just before vacation? For example, on an October vacation, i would book the November before....so do i get a use year of aug/sept or oct/nov so use points are in bank before booking?

Thanks!

If you plan on vacationing in November, then a Sept or Oct use year would be your best bet (there are no November use years available).

Since you are only 35 years old you may want to look at the resorts with the longer contracts.

Also since you are a family of 5. You will probably be needing a two bedroom.
In that case I would look into a 300 point contract in the same resort, whether you buy 1 (300) or 2 (150) contracts.

Another thing to look at before you buy is the point charts for each resort. That would give you an idea what you would need.
 
Wow....great info! Good reasons for both ways! Haha

We are a young (35) family of 5...so i know we need to be aware of which rooms allow 5. Love BW view from BWV but also like longer contracts and concierge at AKV....ugh...decisions! Haha

With use year, do i need to plan for points to be available at 11 month window or just before vacation? For example, on an October vacation, i would book the November before....so do i get a use year of aug/sept or oct/nov so use points are in bank before booking?

Thanks!
As noted, a UY that is shortly before the majority of your trips is best if you can plan accordingly. As for 2 contracts, it gives options but with a price for resale. Expect to pay maybe $5 a point more for all points plus the extra closing for two 150 pt contracts over one 300 pt one, so maybe $2000 more roughly for the flexibility. You'll have to decide if the options are worth it. It may be for BWV to get BW view and standard view or for AKV for value or concierge, for others it may not add much. You should be able to get SSR or OKW even more cheaply but won't be able to book other resorts until 7 months out. I wouldn't buy HH or VB just for access even though cheaper still due to NO 11 month at WDW.
 
Wow....great info! Good reasons for both ways! Haha

We are a young (35) family of 5...so i know we need to be aware of which rooms allow 5. Love BW view from BWV but also like longer contracts and concierge at AKV....ugh...decisions! Haha

With use year, do i need to plan for points to be available at 11 month window or just before vacation? For example, on an October vacation, i would book the November before....so do i get a use year of aug/sept or oct/nov so use points are in bank before booking?

Thanks!

With AKV you could do a 1BR with five since it has the large chair that folds out to a bed in the living room. BWV 1 BR has bedding only for four because it lacks that chair. Also be aware that AKV Kidani 1BRs are significantly larger, by 100 sq ft, than those at BWV (AKV Jambo 2BRs are about same size as BWV's). They allow 5 at BWV in a 1BR but you need to provide your own bedding for the fifth and that would be a signifcantly more cramped arrangement than AKV Kidani 1BR.

As others have mentioned it is recommended that you get a use year that begins shortly before usual time to go. But the reason for that has to do with being able to bank points if you have to cancel. It is unrelated to when you can go or when you can call to reserve. Your question seems to be asking about calling to reserve and impact of date you call on points used. The date you call to reserve is irrelevant to the issue of points used. Best way to describe is by example. Let's assume you have a September use year so points start annually September 1, and expire Aug 31 of the next calendar year unless banked. You want to go October 2013 and call November 2012, 11 months out. As to points you will use, you always look at date you will be at WDW not date you call to reserve, Thus, when you call Nov 2012 you could use for the Oct 2013 trip: (a) points from Sep 2012 use year if you bank them into September 2013 use year; (b) points from September 2013 use year which will be your "current" use year points for that trip; (c) points borrowed from Sep 2014 use year if needed to complete desired reservation.

We own at both BWV and AKV. We bought BWV about 15 years ago when there was not a concern about end date. If I were 35 today (I can only vaguely remember that age) I would most likely avoid buying at BWV despite that I consider it the best resort to have if you can get boardwalk view (the best) for which you usually need the 11 month window. I view AKV as a close second for both its savanna view rooms and excellent decor.

Nevertheless, at same time I would not purchase AKV mainly to assure getting concierge. Only part of the handful of concierge 2BR lock-offs have savanna view and it is not even a good savanna view from those rooms. Moreover, concierge rooms are, from what I can tell from viewing on-line booking, actually the only rooms on site where you face a risk of not getting them some times of the year even if you try to reserve exactly 11 months out because they go so fast. At Christmas time they were gone by 8:02 in the morning when on-line check-in started at 8, meaning they went to the ones who could type the fastest, and, because you can reserve up to 7 nights from time of arrival, all were gone for the entire week by Dec 27, meaning, for example, somebody with a start date of December 28 could not get nights of Dec 28, 29, 30, and 31 even if trying to book at exactly 8 a.m. on Jan 28.
 
With use year, do i need to plan for points to be available at 11 month window or just before vacation? For example, on an October vacation, i would book the November before....so do i get a use year of aug/sept or oct/nov so use points are in bank before booking?

nov would be a poor choice for UY as others have said.

you can book oct 2013 starting in nov 2012. if you have a sept or oct UY, you can use pts from your 2012 UY (if banked), 2013 UY (they would be current based on travel dates - NOT booking date) and 2014 UY (if you need to borrow them).

again, your 2014 UY pts would already be in your account when you call in nov 2012. up to you whether to borrow them into your 2013 UY or wait and use them in 2014 or 2015.

more use year info is here if you need it:

http://www.disboards.com/showthread.php?t=1942668
 
Well took a lot longer to decide! hahaha But finally made the jump!

We decided to buy 200 points at BWV (our fave resort)...with the intention of borrowing points if needed to do the vacation we want.

And we will look for another 200 points either at AKV or may wait and buy Grand Floridian direct when it begins selling.

That way we have 2 contracts...at two great home resorts...and if needed we can borrow or bank and alternate between the two resorts.

Hopefully we pass ROFR and it all works out! hahaha

Thanks to all for the advice.
 















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