I apologize, but I need some clarification...

[kristenrice]

...about annual dues and add-ons...

We have a FEB UY. I know that MF's are calculated on a calendar year, not a UY. So, if I am thinking correctly, we would ideally want to do an add-on in January of 2011, right? I assume that they would let us bank the 2010 points and we would only owe MF's on the 2011 ones, correct?

If this is the case, I need to tell DH that I just spent half of our tax return.

 

[JWG]

If you buy direct from Disney, they prorate your dues for the duration of the year you own (based on purchase date if an add-on as points are available that day). If new purchase, not sure of exact date they use.

If you buy resale, everything is negotiable (sort of), but typically my understanding is the seller pays the dues for the current use year.

 

[KAT4DISNEY]

Yes, if you add on in January they will pro-rate the 2011 dues from the date of your purchase for the remainder of the calendar year. There will not be any dues owed on the 2010 points.

But if you purchased in Dec then they would prorate for the remaining days of 2010 plus you would have all of 2011 dues.

 

[kristenrice]

Thanks for the replies.

It sounds like I will shoot for January for an add-on then.

 

[LisaS]

When you add on through Disney you pay pro-rated dues in the year of purchase starting from the later of your purchase date, the start of your initial Use Year and the occupancy date of the Unit you purchase. The last condition applies only to new construction. If you are adding on at a resort that is fully open the purchase date and start of initial UY will determine the date you begin paying dues. In other words, you begin paying dues when you receive and can begin using your first points.

If you wait until Jan 2011 to purchase you risk that they will run out of Feb 2010 UY points since you would be within a few weeks of the end of your UY. If that happens, your initial UY/first set of points will be Feb 2011 and your dues will be pro-rated from Feb 1, 2011. You might want to check with your guide in December to see how the supply of Feb 2010 points is holding up. If you end up purchasing in December you will pay a couple of weeks of pro-rated 2010 dues and then be billed for a full year's dues for 2011 in Jan 2011.

 

[JWG]

When you add on through Disney you pay pro-rated dues in the year of purchase starting from the later of your purchase date, the start of your initial Use Year and the occupancy date of the Unit you purchase. The last condition applies only to new construction. If you are adding on at a resort that is fully open the purchase date and start of initial UY will determine the date you begin paying dues. In other words, you begin paying dues when you receive and can begin using your first points.

If you wait until Jan 2011 to purchase you risk that they will run out of Feb 2010 UY points since you would be within a few weeks of the end of your UY. If that happens, your initial UY/first set of points will be Feb 2011 and your dues will be pro-rated from Feb 1, 2011. You might want to check with your guide in December to see how the supply of Feb 2010 points is holding up. If you end up purchasing in December you will pay a couple of weeks of pro-rated 2010 dues and then be billed for a full year's dues for 2011 in Jan 2011.

Do they give you any exemptions on using points when you buy/add-on? If someone waits until January to purchase February use year points, you're past your banking window for 2010. Do they let you carry those points over into 2011 at purchase or do you have 3 weeks to use the points?

 

[LisaS]

Do they give you any exemptions on using points when you buy/add-on? If someone waits until January to purchase February use year points, you're past your banking window for 2010. Do they let you carry those points over into 2011 at purchase or do you have 3 weeks to use the points?

For the past several years they have been allowing members to bank those points even though they are past their banking deadline.

 

[kristenrice]

When you add on through Disney you pay pro-rated dues in the year of purchase starting from the later of your purchase date, the start of your initial Use Year and the occupancy date of the Unit you purchase. The last condition applies only to new construction. If you are adding on at a resort that is fully open the purchase date and start of initial UY will determine the date you begin paying dues. In other words, you begin paying dues when you receive and can begin using your first points.

If you wait until Jan 2011 to purchase you risk that they will run out of Feb 2010 UY points since you would be within a few weeks of the end of your UY. If that happens, your initial UY/first set of points will be Feb 2011 and your dues will be pro-rated from Feb 1, 2011. You might want to check with your guide in December to see how the supply of Feb 2010 points is holding up. If you end up purchasing in December you will pay a couple of weeks of pro-rated 2010 dues and then be billed for a full year's dues for 2011 in Jan 2011.

Thanks for the information. Right now, my plan is still in the "dreaming" phase. What I'd like to do is add-on 50-70 points at HHI. I would bank the 2011 points and use them for a trip in April 2012, possibly borrowing some from 2013. Right now, we plan on taking WDW trips in June and the following April, then taking a year off. A HHI add-on would be used for those "off" years.

Here's my "sneaky side"... My BFF and I had so much fun in 2009 at F&W that she wants to go again in 2011. *IF* I could convince the DH to do the add on BEFORE February 1 (AND I am able to get 2010 points to bank), then BFF and I would have an excuse to use those banked points and stay in a DVC room instead of Pop Century again.

As I mentioned, right now, it is all a vision in my mind. Maybe someday it will become a reality.

 

[Dean]

Yes, if you add on in January they will pro-rate the 2011 dues from the date of your purchase for the remainder of the calendar year. There will not be any dues owed on the 2010 points.

But if you purchased in Dec then they would prorate for the remaining days of 2010 plus you would have all of 2011 dues.

I want to make the point that it's not really dues on the 2010 vs 2011 points but really dues based on the date you buy. The dues would be the same on a direct purchase regardless of UY. This is one of the common mistakes when buying resale, that of overpaying the dues.

 

[pnyltwk]

If I was going to add on then I would not wait. But I would add on at my Home Resort. We had added on twice with 25 and 50 point add on contracts.

 

[stefsko]

totally agree