I'm not arguing ,just stating my feelingsLife is too good to be arguing over anything as trivial as this.
Bill
I'm not arguing ,just stating my feelings
Bill
Yes it is. You cannot just combine the points from two separate UYs for a single night or a single reservation. You need to use your transfer to put points from one contract to the other to be able to combine the points for a single night or a single reservation. Otherwise, you make two separate reservations and ask for them to be linked.
As long as they are the same master contract number. If they are different contract numbers, you still have to transfer.
It's possible to get different master contracts to work together but it's somewhat more difficult. It works best where one has a specific reason that outweighs the benefits of having them together. When DVC changed the banking rules it did removed one of the benefits. Reasons to have them as separate master contracts would include having them titled differently to get other names on a deed, a better UY and more wait list spots. One can transfer but technically you're still limited to the one per UY transfer rule even though DVC has tended to be more flexible for multiple contracts of a single owner. And there's no guarantee things won't change in the future such that it's negative (or positive) to having multiple contracts though if there are such changes are are far more that it'll be negative to this situation. Such as if they changed the fee structure such that there's a base fee and a lower per point amount as some others do. That could get both small contract owners and those with multiple UY. Of course if you transfer you'll have the limitations using those points such as currently not being able to reserve online. It's less of an issue if they are different home resorts than if they are the same.
For 25 points that's likely the best option and generally what we're recommended for that small of a contract.
On a 25 point contract closing costs will be almost $20 a point. If it's the perfect contract and fully loaded it might be a reasonable choice for resale but the closing costs and higher per point for a smaller contract beg the question in the specific situation. If available direct you get instant access and it's automatically added to the current contract. Plus depending on the UY, you may get some favorable options related to dues though this is more later in the calendar year than early. You also get banking up to the last day of the UY and might get some added one time benefits here and there as well. The general wisdom has been for very small contracts to go retail for most situations, VB & HH might be exceptions as well as Aulani if one can get a subsidized package.
That's about the cutoff limit or close to it, pretty straight forward for a 25 pt contract but decreasing less so as you near or pass 50. Retail $135 pp so roughly $7K with closing direct. Resale at $92 plus $450 closing (estimate) is just over $5K. The UY and points accounting as well as possible fee reimbursement could swing it one way or another. You would have spent more retail but not that much, would have had the points immediately with some additional possible benefits and qualified points. For a fully loaded contract with banked 2014 points and all other points intact, the choice is clearly toward resale. For a less favorable contract situation it could easily be a wash which means retail would be best. Of course there's also your time and effort as well as you're risk it may not be completed. And for some situations whether one can find what they want in terms of UY, home resort and number of points. In reality you've already gone through much of the negatives by this point, if you're saving $1-2k I'd proceed if it's a good choice otherwise. If you're just break even compared to retail, I'd bail and do retail. Don't forget to give a value to any points not present or extra points compared to if you were buying retail.
Not necessarily, you're still saving money even though it is not a loaded contract, you'll get exactly the same points as if buying retail if all 15 & 16 points are there. It's still almost $2K less (roughly $1900) than retail assuming you don't miss the banking deadline. The good news is if it falls through you can still go retail and bank up until the day before your UY starts and since there was a price increase recently I believe, that should be fairly safe as well for a while.
