Magical Beginnings Question

[PoohNFriends]

I realize the Magical Beginnigs incentive is a bit of an oxymoron since it doesn't sound very magical starting in the DVC by giving up your points, but I want to consider all my options so have some ??'s.

I would assume you can use the Magical Beginnings incentive with the $10 off per point which is how people buy AKV at $97/point. Also assuming I can get a Sept or Oct UY and used the Magical Beginnings incentive, does this mean I wouldn't pay dues until the 2011 calendar year OR would my dues be prorated for 2010 based on UY OR would I pay full 2010 dues?
I realize I could try to rent the 2009 points, but not sure I should try to do that as a 1st year owner.
(We are also considering resale as an option for saving some $/point)
So what are your experiences, comments, opions...re: Magical Beginnings?

Thanks!

 

[ToddyLu]

We bought our first set of points last June. We got $10 off for buying over 200 pts and then another $8 for member referral, so our points were 93$ direct from Disney. I post this so you can kinda compare your value. We ended up using our points for a studio SV at AKV. in Oct (we did have reservations for Pop). However in looking back, it would have been wiser at that time to bank our points and keep the Pop res. because we booked it with a 40% pin code. Oh well, the savannah called to us. So I think if you have reservations already set or can use a pin code it is wise to sell the points back to DVC. If not I would enjoy using the points this year and for go the extra $5 off.

So with your $97 points....compared to our $93 points at $4 difference....would have only been about $800 (using a 200 point buy in)....spread over 47 years...800/47 = $17 dollars a year. Not bad for getting the view you want when you want it and enjoying it this year--plus doubling your points for buying in.

We did have to pay a prorated MF for our "free" 2008 (Dec UY) of around $500 spread out over the remaining months of the year. IMO when you are paying for this kind of luxury $1000 isn't going to make that much difference.

I say buy the points you want at the discounted rate, don't sell back to Disney and enjoy your trip this year.

 

[PoohNFriends]

Thanks for your perspectuve ToddyLu
There's so much info to consider when buying that everyone's info and experiences really helps to make sure I have thought everything thru!

 

[ToddyLu]

Absolutely it is wise for you to look at all avenues. Good Luck.