Different Use Year's

[cds62]

For those of you that have multiple contracts with different use years are there any problems that you have encountered? I am looking at a resale that would put me into this situation. Is it better to wait for a resale that is in my current use year or take the other if the price is right?

 

[RobDoc]

The only problem is one of organization. You'll need to make sure you don't miss any banking deadlines, but otherwise having multiple Use Years can really simplify the process if you can use different Use Year's for reservations at different times of the year.

We have four different Use Years and I use a checkbook program (MSMoney) to track them. I just set up each contract as an account and make deposits (annual Use Year point renewal) and write "checks" (make reservations) for each account. I enter the reservation number and any banking or cancellation numbers in the "notes" for each transaction made.

I wouldn't worry at all about having multiple Use Years.

Enjoy!

 

[Dean]

I agree with Doc, it's simply keeping them straight. That's especially true if they are not the same resort. The only advantages to having the same use year are:

• your banking percentages are based on your total points
• It may be easier to keep up with.

Advantages of different use years are:

• If you go different times of the year, you can chose the use year that is closest to when you go giving you more flexibility and protection.

DVC will still allow you to transfer banked and borrowed points when it's a single owner and the need arises.

 

[Happy Birthday Cat]

I don't think I could handle four use years like Doc but we can handle two pretty easily. If you are organized, you can do it. If not, consider keeping only one.

HBC