confused on the draw to DVC

[Heather07438]

Do rental pts every go up? Or is it always ~$17 PP?

Lately they've been increasing by one dollar every year. I'd expect most years to see the rental cost per point increase by 3-7%. Depends on what Disney is doing regarding dues increases and rounding rental point costs off to the nearest dollar or half dollar.

 

[SecondEventuality]

Thanks, Heather! Does that go for Disney as well, where you can rent up to 26 extra points from them directly? One contract I am looking at I may need 2 extra points to make it work. Thanks!

 

[Marionnette]

Thanks, Heather! Does that go for Disney as well, where you can rent up to 26 extra points from them directly? One contract I am looking at I may need 2 extra points to make it work. Thanks!

One Time Use Points (OTUPs) have had price increases. You can only get 24, not 26, per membership per UY. They cannot be used in the 11-7 month booking window.

 

[Heather07438]

Thanks, Heather! Does that go for Disney as well, where you can rent up to 26 extra points from them directly? One contract I am looking at I may need 2 extra points to make it work. Thanks!

The cost of buying those 'one time use' points thru DVC is similar to the rental market rates.

 

[SecondEventuality]

I think I get it now. You guys say to buy where you want to stay so that you have first dips on that home resort, but then you can always use OKW / SSR as a fall back for the 7-month window (at least for now), which allows you to get more nights or more room (OKW) since the points go farther, driving down the cost per night. I could still (for now) stay in OKW as the aim, but now I have the added bonus of booking BCV, if I ever wanted to, just for fewer nights, or can rent additional. Having now elevator 10 years from now may be an issue, so I may want to switch booking from OKW to BCV eventually, who knows.

And, the flexibility to do that is worth the extra 5-10K or whatever it would cost (for the life of the contract for the home resort) to have that.

Got it! Thanks!

 

[SecondEventuality]

They cannot be used in the 11-7 month booking window.

So if I'm booking something at the 11-month window at my home resort and I need 122 points but only have 120, I can't book it, since I won't be able to buy 2 points directly from DVD at 11 months? Is that right?

 

[karen4546]

So if I'm booking something at the 11-month window at my home resort and I need 122 points but only have 120, I can't book it, since I won't be able to buy 2 points directly from DVD at 11 months? Is that right?

no, you can not buy one time use points until you are within the 7 month window. I just bought 20 points for $19 per point for a 2br at CCV. You have to call in to buy the points.

Also, if you change your reservation after you buy the OTU points then you can not do it online even if the price is the EXACT same. I know this because i had a 2br lock off with walk in shower, but i changed to a dedicated 2br to get the 2 queen beds and it would not let me modify online. It kept saying i did not have enough points. Member services said that when you are changing a reservation that has one time use points then you must call for any changes-even changing names of guests.

OP, we bought DVC in May of this year. 100 points direct and this month purchased another 25 direct. I was stalking the resale boards for a 50 point contract but no luck and so we just bought another 25 direct. The going cost for resale 25 pt contract was around $150 IF you can find one. Direct is $176 and I wanted to keep the same use year. Points were in my account the same day. We have never stayed in a value resort, but we have stayed at POFQ (several times) and CB (once). We love AKL but decided to try for CCV for our May trip since we will have 4 under the age of 8 and we plan on having meals at Artist Point and Whispering Canyon. AND, we can boat to the Contemporary and go to Bay Lake to the TOTWL to watch the fireworks. We stayed using our points at BCV for Food in Wine in SEptember but we went to TOTWL for drinks and to watch the fireworks- it was GREAT !

Also, we go at least once a year but mostly twice. We only bought enough points for 6 nights in a studio at first. Now, if we hit the timing just right we can do 10/11 nights at AKV in a studio.

Only regret is that we didn't do this sooner. Still looking to add more points resale

 

[SecondEventuality]

I think I get it now. You guys say to buy where you want to stay so that you have first dips on that home resort, but then you can always use OKW / SSR as a fall back for the 7-month window (at least for now), which allows you to get more nights or more room (OKW) since the points go farther, driving down the cost per night. I could still (for now) stay in OKW as the aim, but now I have the added bonus of booking BCV, if I ever wanted to, just for fewer nights, or can rent additional. Having now elevator 10 years from now may be an issue, so I may want to switch booking from OKW to BCV eventually, who knows.

And, the flexibility to do that is worth the extra 5-10K or whatever it would cost (for the life of the contract for the home resort) to have that.

Got it! Thanks!

For example,

I could buy a 60 pt contract for BCV, and in Adventure season would give us 4 nights every year for ~$266 / night.

Or.

I can use the same contract for BCV and in Adventure season again, but instead, would give us 5 nights (50 pts) at OKW for ~$213 / night and then I guess rent/bank the extra 10?

 

[Heather07438]

From dvcnews.com-
What if I need more points in a single year?
DVC points can also be "borrowed" or moved up a year.
An owner has 200 points with a February Use Year. In October 2017 the owner wishes to book a trip which requires 220 points. The first 200 will come from the 2017 Use Year. The remaining 20 points can be "borrowed" from the 2018 Use Year.
With 20 points borrowed, the owner would then have 180 points remaining to use in the 2018 Use Year.
Disney Vacation Club also allows members to purchase up to 24 "one time use" points per year. Rather than borrowing points in the example above, the owner could purchase 20 points from DVC which are valid for that single reservation.
One time use points can only be purchased and used for reservations made 7 months prior to arrival. The points are non-refundable, non-transferrable and are not bankable.
Members who find themselves consistenly lacking adequate points may wish to consider purchasing additional points.

----

You could just borrow the 2 points from the next year if you want to use your 11 month booking advantage. If you are using the 7 month window (like at OKW where there's still plenty of availability at that point), then buying some OTUP extra points for just that trip would work well so you still keep all of your points for next year.

 

[Ms.Minnie]

For example,

I could buy a 60 pt contract for BCV, and in Adventure season would give us 4 nights every year for ~$266 / night.

Or.

I can use the same contract for BCV and in Adventure season again, but instead, would give us 6 nights at OKW for ~$178 / night.

Just remember you many not be able to get the room you want at OKW, the room many not be available. Something to keep in mind, that's why most owners say to buy where you want to stay.

 

[Marionnette]

So if I'm booking something at the 11-month window at my home resort and I need 122 points but only have 120, I can't book it, since I won't be able to buy 2 points directly from DVD at 11 months? Is that right?

You can book a shorter stay with the points that you have. Then, if the night is available, you can add it at 7 months by purchasing OTUPs. You cannot purchase OTUPs in order to complete a reservation made during the home resort booking period.

 

[Marionnette]

For example,

I could buy a 60 pt contract for BCV, and in Adventure season would give us 4 nights every year for ~$266 / night.

Or.

I can use the same contract for BCV and in Adventure season again, but instead, would give us 5 nights (50 pts) at OKW for ~$213 / night and then I guess rent/bank the extra 10?

I would caution against buying just enough points to get a studio anywhere during the “cheapest” season. DVC has been known to do a reallocation of points. They could raise studios by 1-2 points per night while lowering grand villas and you would be out of luck. Your finely calculated plans will be thrown out the window.

 

[SecondEventuality]

Instead of buying OTUP at the 7-month window, could we rent at the 11-month window from other users or websites?

 

[SecondEventuality]

You can book a shorter stay with the points that you have. Then, if the night is available, you can add it at 7 months by purchasing OTUPs. You cannot purchase OTUPs in order to complete a reservation made during the home resort booking period.

And this is unlikely going to happen at BCV, at the 7-month window and will only get harder! Gotcha!

 

[Marionnette]

Instead of buying OTUP at the 7-month window, could we rent at the 11-month window from other users or websites?

Anyone can rent a reservation from a member willing to do it. As an owner, you would also be able to have another owner transfer points to you.

 

[Heather07438]

Other people have much more experience with DVC than me, who is still learning thru limited experiences.

What I gather about the 7 month booking window is specific availability becomes harder, which often means standard studios and some other highly desirable categories depending on resort.

What's left for your dates could be the more expensive 'preferred' categories such as Savanna or River view, etc. Then you'll need to use a bit more points or shave a day off your trip to make that work. Hope for the best, plan for the worst

 

[Sandisw]

So if I'm booking something at the 11-month window at my home resort and I need 122 points but only have 120, I can't book it, since I won't be able to buy 2 points directly from DVD at 11 months? Is that right?

Correct. To book it all at 11 months, you would borrow 2 points from the following year.

At the 7 month mark, however, you could call in and if there is availability for one of your nights..first or last...you can have MS modify your reservation, pick you the night at the 7 month window and use 2 OTU points. Then, it would free up 2 points to bank to the next UY.

However, if you really were only 2 points shy, I would just borrow and not worry. With a 120 point contract, and borrowing only 2 a year, the contract will expire before you ever run out!

 

[SecondEventuality]

I know some of you are big fans of split stays - do you happen to know if they can move groceries in addition to your luggage? We have a special diet (severe allergies) and there are items that I must purchase and have delivered from a grocer since they are unavailable to buy in the resorts - if those items can't be moved, that could pose an issue.

Thanks again!

 

[Marionnette]

I know some of you are big fans of split stays - do you happen to know if they can move groceries in addition to your luggage? We have a special diet (severe allergies) and there are items that I must purchase and have delivered from a grocer since they are unavailable to buy in the resorts - if those items can't be moved, that could pose an issue.

Thanks again!

Bell services can arrange to transfer your luggage and groceries from one resort to the next. However, it pretty much takes all day. Bags should arrive at your next resort in the late afternoon. If you need to have your stuff before then, it’s a good idea to use an UberX to move it yourself. If your room isn’t ready when you arrive at the next resort, they can store your items for you. They have refrigerators for anything that needs to be kept cold.

 

[Ms.Minnie]

This may be so but there are not many 70-90 year olds wandering around disney. It is hot and a lot of walking for the most part. I suppose if you stick to resorts and avoid parks then it is not so bad, but I'd also factor in where you live because I can't see myself flying down twice a year when I am 80 years old. That's just me based on seeing people close to me at that age, it is doable but you are equally likely to want to sell it or give it away at that point to a child.

I don't think it is a statement that is wildly controversial. If you separated the age groups in decades, would you not agree that 100-110 would be least represented on any given day/week/month at disney? I would imagine that would be followed by the 90-99, 80-89, 70-79; after that who knows but the curve of likelihood to attend must be going downward with age.

That was the only point I was making. If you want to assume you will be going when you are 90 to divide the cost of a contract by more years then you can.This is totally anecdotal so it isn't based on anything other than my observation; if you wish to discard the premise because of that you can.

It is possible I am going at times when the 80 and 90 year olds just don't travel, but in general I don't think that assumption that I am much less likely to go in my 80's and 90's is an inaccurate one to make. I am more likely to be sick, dead, uninterested in disney, tired etc. etc. I am already feeling that way and I am not that "old" lol. Thus, in analyzing a contract with length going into years above 70, I am not placing a lot of value on those years, and rather am thinking it is more likely I will be selling when I am 75 than still going after having gone 40+ times in 40 years.

I am not saying that as a 70 or 80 year old you won't, or can't, or shouldn't go. Nor does it mean there are no 90 year olds at Disney.

First I don't need to divide the cost of my contracts over more years, I know I have already recouped the money I paid for my points and the cost of dues. I don't have any issue with that, at this point it is all gravy. Maybe people who have to analyze the cost so intensely shouldn't buy DVC, maybe they can't really afford it.

When looking at the overall world population I would say there are far fewer 100-110, 90-99 and 80-89 year old's when compared to the rest of the population. I don't have actual numbers but I think it would be a pretty good guess so your comment about there being fewer in that age group wondering around Disney would probably be accurate. Not sure what that really has to with anything other than the possibility that you think a person in their 70's is too old to enjoy Disney?

That being said, in your original comments from above you implied that a person in their 70's most likely wouldn't want to wonder around Disney due to the heat and all the walking. This is where I take exception to your comments and I do find them a bit controversial. Just because a person is in their 70's doesn't mean that they still can't enjoy Disney. Just because you feel that you might not have the stamina doesn't mean that others don't. I know and have seen older guests at Disney seeming to have a very good time "wondering around Disney". My husband fits into this category and he is having fun "wondering around Disney". We work hard to stay physically fit so we can do the things we enjoy and for this reason I do take offense to being written off as being too old to still do Disney.

We usually travel in Jan/Feb to avoid the extreme heat, I'm not overly found of excessive heat so that is a no brainer for me. We do visit all the parks at least once during our trip with Epcot being the exception, we visit that park multiple time during our trips. All the walking allows for us to enjoy the treats that we wouldn't normally have without gaining any weight. Walking is very good exercise for people of all ages. With proper planning I think we will be able to enjoy WDW for many years to come.

One possible issue I can see may be the long drive to WDW but maybe at some point they will perfect the self-driving cars so that will no longer be an issue. One can always hope.