In ROFR for 50 pts, but wanting 60.

[AndriaRose]

Hello – hopeful new member here (if we pass ROFR).

I’m hoping some of you great DVC veterans can help me decide the best way to go.

The basics: Our ideal vacation would be 55 pts at AKV. Most vacations we would choose would fall in the 40-60 pt range.

The problem: I doubt a bunch of 60 pt AKV resales will be listed anytime soon. Also, I don’t want to buy over our needs and pay MFs for what we won’t use. I know we can rent the excess, but I would prefer just meeting our needs.

My current solution: I spotted a 50 pt BWV and jumped at the opportunity. We’re currently in ROFR.

I’m very happy I had the chance to offer on the 50 pt BWV, and hope it goes through. But it seems like no matter how much time I spend reading the boards, there’s more I didn’t realize.

Since offering, the bad news I have figured out is: people do use the rent boards for transfers, but each member is limited to one per year. Coming up 5 points short suddenly becomes a big deal. I’ve read about banking and borrowing, and I’ve done vacation projections, and I see I’m going to have a problem about every third year.

As small transfers are inconvenient, would my chances be better trying to rent one day from another member? And how easy would it be to attach that ressie to mine – to avoid changing rooms for one day?

I’ve also figured out some good news since offering: I can add-on 60 AKV pts, then resell the original BWV (Please correct me if I’ve wrong). This option would cost me more per point, I would lose my closing costs and I would have to pay commission for the resale. Not cost efficient, but I could create my ideal contract.

I’m considering the add-on solution, with a twist: adding 30 AKV pts, then reselling BWV, then using that money to add the second 30 pt AKV. This would allow me to avoid financing, give me points to book a vacation right away, and give us the flexibility to sell off one later in life, if we want to slow down. And if we decide to keep both, two might be handier for estate planning.

My practical side keeps poking me, and telling me the 50 pt BWV is a great contract. I can make do with standard views, at BWV and AKV. OKW sounds like a lovely resort and costs even less points. Transferring points isn’t impossible – just not likely. But the other side of me keeps saying – but its Disney! Do I really want to make do, when I can have the magic? And really, what’s the extra cost when spread out over all those years?

Anyway, advice would be appreciated.

I thank you in advance for your help - and apologize for the long post,

AndriaRose

 

[salmoneous]

To me, it sounds like you are over-thinking things (something I am often guilty of). The difference between 50 and 60 points is pretty small. If you average 55 points a trip, you can use simple banking to have all the points you need for the first 10 years. Cross your fingers for ROFR and enjoy the contract. If you go through a number of vacations and it turns out it doesn't meet your needs, then think about changing it. But try things out first. I wouldn't go through the $$$ and hassle of changing contracts because this one might not meet your needs.

 

[crisi]

To me, it sounds like you are over-thinking things (something I am often guilty of). The difference between 50 and 60 points is pretty small. If you average 55 points a trip, you can use simple banking to have all the points you need for the first 10 years. Cross your fingers for ROFR and enjoy the contract. If you go through a number of vacations and it turns out it doesn't meet your needs, then think about changing it. But try things out first. I wouldn't go through the $$$ and hassle of changing contracts because this one might not meet your needs.

Yep, and once every ten years, splurge on a cash vacation on rent points or do a non Disney trip.

 

[AndriaRose]

To me, it sounds like you are over-thinking things (something I am often guilty of). The difference between 50 and 60 points is pretty small. If you average 55 points a trip, you can use simple banking to have all the points you need for the first 10 years. Cross your fingers for ROFR and enjoy the contract. If you go through a number of vacations and it turns out it doesn't meet your needs, then think about changing it. But try things out first. I wouldn't go through the $$$ and hassle of changing contracts because this one might not meet your needs.

I think you're right, I am over-thinking. But the contract comes with no '07 points, and even with bank and borrow my third intended vacation was going to be a problem. And it looked like that might be a recurring dilemma.

But I talked to my daughter today, and she's eased up my point worries. My plan was to give her a vacation ever so often, as we don't need to go down every year. As her vacation would be a gift, I felt obligated to plan her ressies for the best views. She reassured me any room would be a great gift, and not to fuss over it.

It feels odd to offer a "non-preferred" room as a present, but after our talk, I feel she's sincere in not caring.

Many thanks for the input,

 

[Mtnman44]

If you are like 99% of us, whatever you think you need and purchase, you will find you need more points within a few years anyway. Not very many people have the problem of "too many points."