Is there a downside to borrowing?

[kellygreenjenny]

Good afternoon - DH and I just bought 200.points at VGF and closed last week. Before the closing even went through I was trying to talk DH into also buying another 100.points resale, but he flat refuses to entertain the idea....it's just a little too soon . He tolerates but does not share my WDW addiction. Now that I have enough points to ensure a full week for our annual spring break trip or summer trip (we alternate depending on whether spring break falls late enough in April to go to the beach in SC instead) I am all about finding enough extra points to also go down for mom/daughter trips in the fall, summer, possibly Thanksgiving and/or Christmas breaks. My daughter is in 4th grade so we go in typical school break times. We have a Feb UY.on our 200 pt contract. It has occurred to me that I could do.a.combo of borrowing 100 pts and purchasing one time use points each year,.and be able to do a few 3-4 night stays each year in addition to our week as a family (assuming we focus on lower points chart resorts). By the time we get to the end of the VGF contract, I'm assuming I will have succeeded in adding on another contract, so I'm effectively kicking the can down the road so to speak. Is there a downside to this?

 

[pianomanzano]

The biggest downside is If you have to cancel the trip for whatever reason, those points stay in that UY (it doesn't go back into the original year it was a part of).

 

[RoseGold]

If Covid taught us anything, it's always borrow, never bank.

If you're traveling multiple times in your UY, you can call MS to make sure the first stay is pulling the borrowed points. If you booked out of order, you might have them locked in a later reservation.

 

[AstroBlasters]

OTUP can only be booked after the 7m mark.

You could always try and buy some VGF points from another owner and have them transfer the points to you to retain your 7-11m window.

We did this with a VGC owner for 65 points (it was another UY and was not a problem) and it worked out great.

 

[intamin]

Good afternoon - DH and I just bought 200.points at VGF and closed last week. Before the closing even went through I was trying to talk DH into also buying another 100.points resale, but he flat refuses to entertain the idea....it's just a little too soon . He tolerates but does not share my WDW addiction. Now that I have enough points to ensure a full week for our annual spring break trip or summer trip (we alternate depending on whether spring break falls late enough in April to go to the beach in SC instead) I am all about finding enough extra points to also go down for mom/daughter trips in the fall, summer, possibly Thanksgiving and/or Christmas breaks. My daughter is in 4th grade so we go in typical school break times. We have a Feb UY.on our 200 pt contract. It has occurred to me that I could do.a.combo of borrowing 100 pts and purchasing one time use points each year,.and be able to do a few 3-4 night stays each year in addition to our week as a family (assuming we focus on lower points chart resorts). By the time we get to the end of the VGF contract, I'm assuming I will have succeeded in adding on another contract, so I'm effectively kicking the can down the road so to speak. Is there a downside to this?

The downside is not only what @pianomanzano said about the points being unable to be returned to the use year you borrow from should you need to cancel, but when you're buying one time use points the one time use points can only be used once you're within the 7 month booking window so you would not be able to fully reserve everything at 11 months if your plan was to rely on OTU points which in general is not a good idea.

 

[RoseGold]

It's worth mentioning that anecdotally DVC has historically been kinder about un-borrowing points, like in situations with hurricanes, Covid, emergencies, etc. They don't have flexibility to do much about banked points that you can't use.

I'd much rather be asking to un-borrow that looking at banked points that are expiring.

 

[Jimmy Geppetto]

OTUP can only be booked after the 7m mark.

You could always try and buy some VGF points from another owner and have them transfer the points to you to retain your 7-11m window.

We did this with a VGC owner for 65 points (it was another UY and was not a problem) and it worked out great.

Or just buy more points!

 

[DonMacGregor]

For me, borrowing is an absolute last resort. Ever since our first direct contract with "extra" points, we have at least banked some of our points every year. There is zero chance I'm leaving myself with no window of opportunity for the unexpected additional trip. When making plans for primary trips 7 to 11 months in advance, you just never know when another trip might pop up within that huge interim, and I want points to be available. I do NOT want to be sitting with a nice DVC membership, a chance to take another trip, but find myself faced with "well, we already borrowed all of next year's points".

Just this past March, a conference that I attend in Orlando every year lined up with a couple of available days at Copper Creek and I was able to extend my trip by simply changing my flight. Being in SoCal, we also snuck away for a long weekend at Aulani in April, and there are still 3-night blocks available there less than 7 weeks from now.