Explain this to me please!

[dianeschlicht]

ANNUALLY!!! You get that many points ANNUALLY!!! Then with banking and borrowing, you can spead them out even farther. We have 449 points. Most years we bank some into the next year, but we have needed to borrow from the next year occationally too. You need to go back and READ ALL the responses so far! Let the information soak in.

 

[GrowingUpDisney]

dianeschlicht - I got your pm and responded!

After the initial buy in of roughly $16,000 - all I would have to pay are the yearly dues on how every many points I have...is that correct? I don't have to re-buy points every year...I get 160 every year for 50 years?

**LOL, I am so blonde! LOL**

 

[PAcpl]

dianeschlicht - I got your pm and responded!

After the initial buy in of roughly $16,000 - all I would have to pay are the yearly dues on how every many points I have...is that correct? I don't have to re-buy points every year...I get 160 every year for 50 years?

**LOL, I am so blonde! LOL**

Yes, if you purchase at one of the newer villas you will get the same amount of points each year for 50 years. All you will have to pay are annual dues. Annual dues do increase, but not very much. I think this year they increased $.09 pp at AKV.

 

[marvali]

dianeschlicht - I got your pm and responded!

After the initial buy in of roughly $16,000 - all I would have to pay are the yearly dues on how every many points I have...is that correct? I don't have to re-buy points every year...I get 160 every year for 50 years?

**LOL, I am so blonde! LOL**

By Jove, I think she's got it!

 

[marvali]

ANNUALLY!!! You get that many points ANNUALLY!!! Then with banking and borrowing, you can spead them out even farther. We have 449 points. Most years we bank some into the next year, but we have needed to borrow from the next year occationally too. You need to go back and READ ALL the responses so far! Let the information soak in.

You weren't thinking of the "Birthday Deal" episode of the TV show RULES OF ENGAGEMENT when you wrote that were you? lol

 

[GrowingUpDisney]

Aha! Now I've got it! LOL Thanks for your patience and help with this. Now all I have to do is save $16,000.00 and convince dh to let me use that money to buy into DVC instead of buying him a new truck!

 

[LisaS]

Yes, if you purchase at one of the newer villas you will get the same amount of points each year for 50 years. All you will have to pay are annual dues. Annual dues do increase, but not very much. I think this year they increased $.09 pp at AKV.

Actually for AKV (and now OKW with the extension) there are 49 years worth of points left on the contracts for those that purchase a 2008 UY since the last year that points will be issued is 2056. So those that purchase a Feb UY will start with 2008 points and in just over a week that will be the case for those purchasing a Mar UY. SSR has 46 years remaining (2008 - 2053 inclusive) for those who start with a 2008 UY since the contracts at SSR end Jan 31, 2054. The only members that get a full 50 years are those that buy in the first year.

 

[luna99]

points cost from $63 to $104 per point plus closing costs, depending on the home resort you choose.

where can I get points for $63 a point?!?

 

[PAcpl]

Actually for AKV (and now OKW with the extension) there are 49 years worth of points left on the contracts for those that purchase a 2008 UY since the last year that points will be issued is 2056. So those that purchase a Feb UY will start with 2008 points and in just over a week that will be the case for those purchasing a Mar UY. SSR has 46 years remaining (2008 - 2053 inclusive) for those who start with a 2008 UY since the contracts at SSR end Jan 31, 2054. The only members that get a full 50 years are those that buy in the first year.

Thanks for the correction Lisa. And for the pictures of the AKV room's. I was checking them out the other day, very nice!

 

[luvindisneyworld]

Talking about resale at Vero beach probably.

where can I get points for $63 a point?!?

 

[chalee94]

where can I get points for $63 a point?!?

yep - a large VB contract can be had for $63+closing costs (a stripped VB contract is currently available for $62+ccs).

OTOH, you're paying $6+ per point in annual dues and risk getting "locked out" of wdw...