If you have added points - does my plan make sense?

[eporter66]

We currently have 150 points at SSR with a use year of March. We have had this since 2003, and so far it has worked well. I dont know if we will add-on, but since we have been borrowing a little from each following year to get a 1 bedroom, we discussed adding a small contract to even things out.

Anyway - here is what I am considering. I also wont get an add-on until I can pay cash.

1. Add on a 25 point contract
2. Get the same use year (March)
3. Get the same resort (SSR)

Here are my reasons for each

1. This should get us what we need for a 1 bedroom for the times we travel. We still dont have a problem borrowing, but would like to close the gap a little.

2. I want all my points for that 11 month window. I am really not interested in split stays on vacations. I want to relax, so I want one resort for my 7 days, unless I cant avoid it.

3. Same reason - I can book the 11 month full vacation at SSR, then call at the 7 month to switch resorts if that is what we want

Does this all make sense, or are there some other things to think about when adding on. Also - what would my closing costs be on the 25 point add on?

Thanks

 

[jekjones1558]

Sounds like a great plan to me. We used the same thinking for our add-ons and have been pleased. Good luck getting together the cash!

 

[Sandisw]

Sounds like a great plan, especially given your reasons. Having all the points at the same resort definitely prevents the split stays, unless it is your choice. And, owning 25 points elsewhere, would really do nothing for you since you can't book a single night in a 1 bedroom without borrowing points (something you are trying to get away from in the first place).


Disney will automatically give you the March UY. The only time they will sell you something different is if you are adding on a contract for at least the minimum amoun, right now 160.

So, when the time comes, if you add on thru Disney, that will automatically be the same.

Good luck!

 

[Dean]

Given your situation, your plan is what I would do. Were you looking at more points, I'd consider a different resort. I'd go with DVC for that number of points because there are no closing currently if you're a member and adding on. I'd check with your guide to see if they have what you want now, if not, consider getting on the wait list now and saving the money ASAP.

 

[Jason@dvcstore]

We currently have 150 points at SSR with a use year of March. We have had this since 2003, and so far it has worked well. I dont know if we will add-on, but since we have been borrowing a little from each following year to get a 1 bedroom, we discussed adding a small contract to even things out.

Anyway - here is what I am considering. I also wont get an add-on until I can pay cash.

1. Add on a 25 point contract
2. Get the same use year (March)
3. Get the same resort (SSR)

Here are my reasons for each

1. This should get us what we need for a 1 bedroom for the times we travel. We still dont have a problem borrowing, but would like to close the gap a little.

2. I want all my points for that 11 month window. I am really not interested in split stays on vacations. I want to relax, so I want one resort for my 7 days, unless I cant avoid it.

3. Same reason - I can book the 11 month full vacation at SSR, then call at the 7 month to switch resorts if that is what we want

Does this all make sense, or are there some other things to think about when adding on. Also - what would my closing costs be on the 25 point add on?

Thanks

This makes sense to me. This way your points would all end the same year as well (2054 for Saratoga Springs).

If you purchased through the Timeshare Store, Inc.® the closing costs would be $322. Recently 25 point listings at Saratoga Springs through our company (TSS) have been selling for around $70 to $75 per point. Feel free to email us at sales@dvcstore.com with your full name and email and we can get your added to the distribution list so when we get new listings you will be notified.

Jason

 

[eporter66]

Thanks, I guess I was not aware that Disney would sell the smaller contracts. Obviously the no closing costs would be nice.

One more question, is the price per point more expensive through Disney? I suppose with no closing cost it could even out, but just wondered.

Thanks for everyone's help/suggestions, if you can think of anything else, please let me know

Eric

 

[eporter66]

Thanks for the information and closing cost quote Jason. I will get that information in once we have decided.

 

[Jason@dvcstore]

One more question, is the price per point more expensive through Disney? I suppose with no closing cost it could even out, but just wondered.

Eric

Be advised that when you purchase from The Timeshare Store, Inc.® you are not dealing with set prices. Some buyers will present an offer to a seller and the seller might accept, counter or may be firm at their price.

Jason

 

[Jason@dvcstore]

Thanks for the information and closing cost quote Jason. I will get that information in once we have decided.

You're welcome.

Jason

 

[Dean]

Thanks, I guess I was not aware that Disney would sell the smaller contracts. Obviously the no closing costs would be nice.

One more question, is the price per point more expensive through Disney? I suppose with no closing cost it could even out, but just wondered.

Thanks for everyone's help/suggestions, if you can think of anything else, please let me know

Eric

If you buy from DVC you should get March 2009 points with all points going forward. Resale you might get less or more depending on specifics. The only issues that would cause me to buy resale in this situation would be a price spread larger than what you're looking at currently, a contract with banked 2008 points plus all other points or if DVC did not have what you want. Currently you're looking at a max of around a $250 premium to buy from DVC for SSR, likely far less in reality. For that you get immediate access to your points and guaranteed points from March, 2009. You also get prorated dues for 2009 of maybe 2 months for you to pay where if you buy resale they will (incorrectly) charge you the entire years points if you get all of the 2009 points.

 

[chalee94]

One more question, is the price per point more expensive through Disney? I suppose with no closing cost it could even out, but just wondered.

yes the price through disney is higher ($112). this site does a good job of keeping up-to-date with disney's direct pricing.