Help me understand add-ons at other resorts

[disnutt]

OK. I'm thinking about an add on at another resort. How does it work? Say I have 150 at SSR and add on another 50 at another resort ,say BWV, can I combine the total points and stay at one of my homes? What about another resort?

What should I consider re: use year should they be the same? Anything else to keep in mind?

Thanks

 

[RobDoc]

Add-ons will have the same Use Year as your master contract, even if it's at a different resort. The combined points may be used to reserve at 7 months, but the 11 month priority is available only to the points owned at that resort. You could not own 50 points at BWV and make a reservation there at 11 months using all 200 points.

Enjoy!

 

[childsplay]

you can combine the points to use at either (or any resort) but only at the 7 month window...so using your example, you could not make a reservation for BWV at the 11 month mark using a combination of both your BWV and SSR points...I personally would suggest keeping the same use year, although I know others have commented that they have no problem tracking different use years.

 

[DVCLiz]

Add-ons will only have the same Use Year if you purchase from Disney, though. If you buy a small resale contract, it will be sold in its original format, with whatever Use Year it originally had.

 

[RobDoc]

Technically, add-ons can only be purchased thru DVC directly since they are defined as points added to an existing master contract. If a small resale contract is purchased, it is a separate, standalone contract- regardless of the number of points and is not really an add-on. Resale contracts will have no restriction on Use Year (you will have the Use Year of the contract, whatever that may be), but add-ons wil have the same Use Year as the Master contract.

In some cases, we've had reports that if the resale contract has the same Use Year as another contract you own and DVC is made aware of this before closing, they may change the resale contract number to match the match the master contract and , in that case, the resale would be treated as an add-on.

 

[disnutt]

Thanks. We were looking at a resale. I may try to let DVC know to see if we can get the same use year.

 

[JimC]

...In some cases, we've had reports that if the resale contract has the same Use Year as another contract you own and DVC is made aware of this before closing, they may change the resale contract number to match...the master contract and , in that case, the resale would be treated as an add-on.

Doc,

Is there any advantage to this?

 

[CarolMN]

Doc,

Is there any advantage to this?

One advantage to having the resale "aded" to you master contract is for banking - you can consider the combined total when figuring banking percentages. In other words, you wouldn't have to treat each contract separately. This could be useful if you have two different home resorts.

For example, let's say you have 200 points at OKW and buy 50 points at VWL. Use year is February. If you used all 200 of your OKW points for a reservation, you could wait until until the end of November to bank all 50 of your VWL points. (50 is 20% of 250 and your 25% deadline is the end of November).

If the 50 point resale is not added to your contract, you have to treat it separately for banking - even if the resale contract has the same use year as your "Master". So using the same example (but the two contracts were not "combined", if you wanted to bank all 50 VWL points, you'd have to do it by the end of July - because that is your 100% banking deadline.

HTH.

Best wishes -

 

[RobDoc]

The only advantage I can think of would be less bookkeeping from a personal standpoint. All of the points would be in the same contract and would be covered in the same banking deadlines. Combining points would be simplified, since they would already be combined if needed for any reservation. Otherwise, maintaining the accounts is pretty straightforward and can easily be managed in a variety of ways, so I wouldn't worry about having DVC combine accounts into one.

My personal experience with having more than one resort in a contract is that it is a little cumbersome and MS still has to manually separate the points available at each resort when confirming the remaining points in a contract. They always give me the total points and I have to specifically ask for a breakdown by resort.

.02

 

[JimC]

Thanks Carol and Doc! Good points.

 

[las3888]

Do resales come with points for the current use year? I was just curious how that worked...thanks guys for all the info!

 

[RobDoc]

Each resale opportunity may be different, based on how the seller has used their ownership. Some resales will have banked points from the last Use Year and all current points available, some resales may have no banked points, no current points and may even have already borrowed points from the next Use Year. These issues should be clearly disclosed in the original listing and will be discovered and disclosed during the closing process. If you have any questions about the status of the points in the resale contract, be certain to ask for clarification. Basically, the more points available at the time of purchase (banked and current), the more value in the contract to the buyer. In some cases, even a stripped contract (no banked, no current and points already borrowed from the next year) may be a great deal - depending on the number of points involved, the resort offered and the price requested.

Be sure to consider all aspects of the contract and the sale when considering your purchase.

 

[las3888]

SOOOOO Sorry! I meant do the Disney add-on points come with any points for the current use year or what is their situation? I am sorry! I have resale on the brain I guess. I am just wondering how Disney does it so I can compare pricing. Thanks for all the wonderful info though!

 

[Dean]

I agree that the major advantage is the banking percentages and that it's a little easier accounting, though not much if it's different resorts. But there are advantages to having different use years. These include the ability to chose which contract (UY) you use to reserve depending on when you want to go. There are several potential advantages in this situation. And if it's different home resorts you have to track the points separately anyway, so the accounting really isn't very different. Having totally separate contracts and home resorts also allows you to take advantage of some of the limitations of DVC's computer system. While this may change in the future, they've been working on a fix to this glitch since at least 1999.

And while in theory there is an advantage of using points from both contracts for a single night, this has never been a problem having separate contracts as DVC will even transfer banked or borrowed points in this situation when the need arises.

 

[RobDoc]

SOOOOO Sorry! I meant do the Disney add-on points come with any points for the current use year or what is their situation? I am sorry! I have resale on the brain I guess. I am just wondering how Disney does it so I can compare pricing. Thanks for all the wonderful info though!

Yes, Disney add-on purchases will have all current Use Year points available as well as access to the next Use Year thru borrowing.

But there are advantages to having different use years. These include the ability to chose which contract (UY) you use to reserve depending on when you want to go.

I agree with Dean, that having more than one Use Year adds to the flexibilty of DVC because you can tailor reservations to limit any potential issues if you need to cancel. Mulitple Use Years have all of the advantages of same Use Year and also have some added flexiblity. I've not found the additional record keeping to be an issue thus far.

Enjoy!