(1) .....What we’ll do with our points in the future is this: More cruises, travel outside of Florida, and come to WDW typically once, sometimes twice, a year for 2 to 4 days. We don’t like coming to WDW during peak times (summer and holidays). We prefer to take the kids out of school for a few days either mid-November, early-December or Winter.....
(2).......We would want to stay at either an EPCOT villa (probably BCV) or a Magic Kingdom Villa (Bay Lake or Wilderness Lodge Villa) most of the time. We left the ship with the impression that it really didn’t matter what villa we were purchasing because availability is generally not a problem if we avoid the peaks of summer and holidays. If that is not accurate, then we respectfully ask for your help in figuring out what to do.......
(3).......Do folks typically buy small points in multiple villas? Do small points have the same booking priority in the 7 to 11 month window as big points?....
(4).......If we don’t generally want to be restricted to staying at the Animal Kingdom villa, should we try to change our purchase to Bay Lakes (maybe for 160 points instead of 320) and buy a small points package resale in Beach Club?.....
(5)......Should we just cancel our purchase entirely, give up the double points and $1,000 off (per 160 points), and just buy small points of Beach Club, maybe Wilderness, and Bay Lake all on resale? We don’t mind the wait for a resale transaction.....
Please help! Jeff and family
For your questions above, some of our thoughts :
(1) Best "value" for your DVC points is to use them at DVC resorts. Although many members will use them for Disney cruises you probably can in most cases find a better cash deal; some members will opt to rent out their points (typically in $10-$13 point range these days) and put that cash toward a cruise. Also, if you search threads here there are excellent ones you should read concerning using points at other non-Disney destinations - if you plan to do that regularly most will agree you should buy less DVC points and buy another timeshare for vacationing at non-Disney properties.
As mentioned by other posters here, December is extremely popular with holiday decorations & events; also other times that you may not typically think of as peak will be at DVC because it may be low point usage season or other WDW events may be scheduled (such as Epcot Food&Wine Fesival). Check the
points charts for DVC resorts (link is at upper right on this page) to get a better idea of how many points you'd need based on times of year you'd like to travel/resort & type of villa you'd want to stay in.
(2) Your Home Resort give you 11 month booking advantage. You can buy at as many or as few DVC Resorts as you want but the points remain "tied" to their particular Home Resort for months 11, 10, 9 and 8 (before check-in date you want). At 7 months or less before the check-in date you want all DVC resort points become "equal" regardless of what Home Resort they are attached to.
So you can't combine AKV points with BWV points to make a reservation during months 11,10,9 and 8 before desired check-in to reserve at BWV - - only your BWV points would be valid for BWV reservation during this booking window and your AKV points would only by valid to book at AKV during this window. You may book as many days at BWV that your BWV points will cover & then book as many days at AKV as those points will cover and then at 7 months try to switch the AKV dates over to BWV or switch the BWV dates over to AKV based upon availability of course. Or you can just keep the trip split between 2 resorts.
(3) Many members who own smaller points contracts at multiple resorts will often bank a resorts points into upcoming Use Year to reserve that resort every other year utilizing 2 years worth of that resort's points. You can also bank & borrow to have 3 years worth of that resort's points to use every 3rd year.
(4) As others said here "buy resort where you really would love to stay" is probably best (or own most of your points there) OR buy where you will NOT MIND having to stay if it turns out you can't get the resort you would prefer at 7 month booking window. But of course if you are not an advance planner and wouldn't make a reservation until 7 months or less before a trip then you can purchase points at any resort because you wouldn't benefit from months 11 - 8 booking window.
(5) This is a tough one to answer because the incentives are very attractive, but DVC is a significant purchase & each year you will have Maintenance Fees per point that you own with the price per point determined by which Home Resort(s) those points are tied to & this should be taken into consideration as well. See this link for MF info & how prices have changed over the years at each resort. I believe BLT MFs will start off at $3.67 per point.
http://www.disboards.com/showpost.php?p=21793879&postcount=3
It sounds like you & your spouse are feeling a bit rushed & many things that you'd like to still consider....imho it'd be best to cancel. Take your time until you both feel you've researched all details out and as you mentioned - the resale market; definitely worth giving it a good look. With a resale purchase you can buy into DVC with less points then the minimum required by Disney if you had made the initial first purchase with them.
You will still become a full DVC member (your membership will not be treated any differently if you buy resale or a smaller contract). You can start with a smaller purchase & do add-on contract(s) if you find you want more points at the first resort you purchase or are drawn to other DVC resorts & would like to own points there as well.
You can purchase add-on contract(s) at any DVC resort directly through Disney; it is a 25 point minimum purchase at present for all resorts but on
Jan 15 2009 the minimum add-on for BLT will be 100 points. If you want to finance an add-on purchase through Disney presently you'd need to purchase a minimum of 50 points. And you can also purchase additional contract(s) on resale market too.
I wouldn't get too caught up in concern about expiration year; what's most important is what you'd be comfortable spending to purchase & pay out in MFs each year and how content you'd be to stay at a particular resort but fyi the expirations are 2042 for BCV, BWV, VWL & unextended OKW (offsites HHI & VB are 2042 too); 2054 for SSR; 2057 for AKV & extended OKW and
2060 for BLT.
*** just noticed you last post : to give you an idea of "value" of bonus one time use points with this purchase : go look at Rent/Trade board; typically points rent for $10-13 per point but you would be responsible for trying to arrange a reservation for potential renter, get payment from them, etc. Many members do this successfully ( speaking for our family we've never rented any points since we always use them and I just don't want to have to contend with the rental scenario unless I was dealing with another DVC member ).
You would get $5 off per point on BLT price with 160 point purchase so your purchase price would be $107 per point. If you purchase at another DVC resort you can add-on points at any DVC Resort including BLT for 25 point minimum add-on purchase but on Jan 15 2009 BLT add-on minimum raises up to 100 points.
Yes, you've got some attractive incentives there but don't let it pressure you into making decision - - incentives are often offered so don't feel like these will be last incentives you will ever see.
You should research buying a smaller contract & another timeshare for your non-Disney resort vacations that you say you'd like to regularly take (DVC's best for using at DVC resorts not for trades).
Best wishes deciding what best works for your family
