have a master's degree, but feeling really dumb about dvc!

[mousefansmom]

We are ready to buy at SSR, but I have one more question (don't hold me to that--).

If we buy now with a June use year, and if I understand correctly, all 300 of our points will be available for us to use, sell, etc. Can we also use our points from 2005 (borrow?) and if so, do we have to borrow all of them, or can we borrow just a portion? So I guess the easy way to ask this, is:
If we buy 300 points now and our use year is June, is it possible that we could actually have up to 600 points to use in June or after?

Hope this makes sense, and thanks in advance!
Mousefansmom

 

[Candace]

Yes, you could. Also, you could bank the 300 into the next year, and then next year borrow 300 for a total of 900. You can borrow as many as you need up to your 300 total.

 

[Maria395712]

yes, you can bring any amount up to 300 into june 2004 to be used june1 2004 - may31 2005 they all expire then
maria

 

[bobbiwoz]

You borrow at the time you're making the reservations.

Bobbi

 

[DisneyBill]

You can bank up to 100% of your current use year points into the following year, provided you do the banking within the 1st six months of your use year. You can borrow any amount, anytime from the next use year.

 

[drtpaper]

Current use year points must be banked within certain windows. You have 6 months to bank 100% and then you can only bank 75% of the points and then 50% at a later date and no banking inside of 90 days. If you are thinking about banking, do it early. You can always borrow next years points in to this year for that reservation. If you wait too long, you will lose points and be forced to vacation this year.

If you need to cash out some points, you can always rent them to someone for about $9 a point and put the proceeds towards any financing you have. There are a lot of options.

 

[mousefansmom]

Thanks to everyone. This helps a ton!!
Mousefansmom

 

[erikthewise]

Look's like it's time to go back for your PhD!