is The Re-Sale Market That Out Of Control?

[mouseclick1]

It also seems one could also make good use of a stripped contract by taking a smaller trip this year using half the points, and then doing to same next year. 3 or 4 days at Disney combined with a few days at the beach, a shorter Disney cruise, or some other unmentionable theme park could make for a nice vacation. After that, the new owner would be caught up. And, at least I think, the owner wouldn't have dues to pay for that first year, right?

 

[CarolMN]

.....(snip)...... And, at least I think, the owner wouldn't have dues to pay for that first year, right?

Depends on the sales agreement the two parties signed.

Most buyers would not expect to pay dues for points they do not receive, but annual fees are one of the items in a resale purchase that either party could end up agreeing to pay.

 

[dbs1228]

I would not buy a stripped contract, if no points are coming for a year or 2 why not wait (gonna wait to use the points anyway) something better will come along and until it does you get to hold onto your money!

 

[Tozzie]

I would not buy a stripped contract, if no points are coming for a year or 2 why not wait (gonna wait to use the points anyway) something better will come along and until it does you get to hold onto your money!

I think that all depends on the contract, if it is one like the OP posted i wouldn't buy that one but if you are a current owner and looking for a small contract at another resort with the same use year you already have you might purchase a stripped contract especially if you have been looking for a while. It can save you money in the longrun.

I was looking for a small BWV contract with my current use year specifically for food and wine especially since I couldn't get the reservation for this year at 7 months and my waitlist never came through. I luckily found one that didn't have 2014 points but did have 2015 points and I paid $40 less per point than disney was selling the points for and I probably would have bought it even if there were no 2015 points as I could have borrowed the 2016 points and I would have the 11 month advantage for Food and Wine.

 

[crisi]

It also seems one could also make good use of a stripped contract by taking a smaller trip this year using half the points, and then doing to same next year. 3 or 4 days at Disney combined with a few days at the beach, a shorter Disney cruise, or some other unmentionable theme park could make for a nice vacation. After that, the new owner would be caught up. And, at least I think, the owner wouldn't have dues to pay for that first year, right?

We bought ours stripped - a dozen years ago. We had just come back and weren't going to take another trip for two years - so we didn't need banked points or current points and I certainly wouldn't have been comfortable jumping into the at that time brokerless rental situation as a new owner - I didn't understand the logistics nearly well enough to be responsible for someone else's trip. We've never run out of points.

We only paid dues for points that we were able to use, the seller paid the rest of the points.

At that point in time, with that contract, it meant that we got a BWV contract for the price of a loaded OKW contract - about a $5 a point discount and no dues. Also, that was a time when resale contract prices were outpacing inflation - to buy the contract I wanted when I needed it a year later with points on it would have been more expensive.

We've never been point short at at this time have too many - the kids are in high school and we don't get a chance to travel as much - when we do travel, it doesn't tend to be Disney.