Newbie help Please, Please, Please.

[topmonkeygirl]

I've been lurking for a little while, and have been thinking of buying for a couple of years now. Hopefully this won't sound so stupid.

Here it goes.
We travel from Sept - Dec (never during Thanksgiving or Christmas week). So from what I understand we should have a year use date of say around Aug., correct?

If so that means we would either have to take a trip by the next Aug or bank our points by March, correct?

Now for a tougher question.
Say we buy a resale that has a YUD of Aug, and we want to go Oct. If there are no banked points on the contract would we have to wait until Aug. to book our resort?

Same scenario as above except we now need to borrow points from next year, do we need to wait until Aug to borrow them?
Also do we now have to wait until Aug to book since we are borrowing next years points?

Say you have 150 points that are banked, current year, and borrowed and your stay is 155 points you cannot pay the difference right?

One more question. Since we're not picky about when we go or which villa we would stay at, if we bought points for Vero Beach or Hilton Head we can use them for one of the Villas at Disney correct? Trying to save a few bucks. I know that I could only book 7 months in advace, and that's O.K.

Thank for any help you can give. I've read alot and just didn't understand some of the finer points to this whole thing. I'm sure Ill have more questions in the future. Thanks again.

 

[robertdangelo]

Unless I'm mis-understanding you... when you say "wait until August to borrow"... it sounds like you think you can only borrow in that month... that isn't the case. The Use year is when your new set of points for the year come in. For example... you have an August UY... with 150 points. Let's say you buy a resale contact that has no points for 2011 left. Your 2012 points are the full 150... if you owned it now... you can actually book something for this Fall, borrowing from the 2012 points. Does this make sense?
As far as being short points... you can purchase "One time use" points from Disney to make up the difference at $15./point at 7 month mark.
Yes, you can own at Vero or Hilton head and book WDW at 7 months. However... Disney's policy could change someday or if they sell off the resort. Keep in mind Vero and HH contracts end in 2042. I suggest buying SSR, which runs till 2054 and you will have 11 month booking at WDW all the time.
I hope this helps.

 

[erionm]

Your UY doesn't determine when you can book at a DVC resort. You can always book 11 month out at your home resort and 7 months out at other resorts. The dates of the reservation determine which UY's points will be used.

As for owning at Vero Beach or Hilton Head Island, these two resorts have some of the highest annual dues of all of the DVC resorts. Any savings in purchase price could be eaten away at in annual dues. I would not buy at Vero or Hilton Head unless I planned on staying there.

 

[topmonkeygirl]

Thank you so much. There is so much to learn about all of this. Like I said I've been looking through all this info on and off for a couple of years now, and the more I look the more questions I have. Thank you both again.

 

[Deb & Bill]

The dues are much higher at VB and HHI that the WDW resorts. Buy at those resorts if that is where you want to vacation. Otherwise, buy points at a WDW resort - SSR or OKW would probably be the cheapest.

 

[ToddyLu]

. I would purchase at WDW if that is where I wanted to visit. The only guarantee with DVC is ultimately you can book at your home resort. The fact that you can stay elsewhere is not a given. DVC could prohibit using points at the other resorts. I would also maybe start out with a small resale and then add on with your comfort level. No way would I buy at VB or HH if I didn't intend on staying there---too many years with too many variables--- just to save a bit of money over the life of the contract. JMHO.

 

[topmonkeygirl]

Thanks guys, that's answers alot of my questions.

 

[Sandisw]

You can always book your home resort 11 months in advance--others 7 months.

Everything is based on when you travel and not what is available in your account the day you call.

For example, say you want to travel in October 2011 with an Aug UY. Since that trip takes place in your 2011 UY, it can be booked with banked 2010 UY points, 2011 UY points, and borrowed 2012 UY points.

You would have been able to call and book this trip at your home resort in Nov 2010. MS simply looks at your account to determine what will be available when you travel and goes from there.

 

[topmonkeygirl]

You can always book your home resort 11 months in advance--others 7 months.

Everything is based on when you travel and not what is available in your account the day you call.

For example, say you want to travel in October 2011 with an Aug UY. Since that trip takes place in your 2011 UY, it can be booked with banked 2010 UY points, 2011 UY points, and borrowed 2012 UY points.

You would have been able to call and book this trip at your home resort in Nov 2010. MS simply looks at your account to determine what will be available when you travel and goes from there.

That is kind of what I thought but I wasn't 100% sure, It wouldn't make any sense to want your UY close to the time you want to travel and not be able to book until you get your points. Thanks everyone for clearing some things up for me.

 

[EWL]

I had a lot of similar questions and learned a lot from this awesome thread about understanding use years! Do check it out if you have not come across it already and it will help. Good luck!

 

[topmonkeygirl]

I had a lot of similar questions and learned a lot from this awesome thread about understanding use years! Do check it out if you have not come across it already and it will help. Good luck!

Perfect, thank you. Just what I was looking for.