Potential ownership: comments & questions... UPDATE... Membership info has arrived!

[Dean]

(and for the record, i am a dude... )

If you're referring to my post,, I apologize. I was merely channeling the screen name.

 

[chalee94]

If you're referring to my post,, I apologize. I was merely channeling the screen name.

i'm not offended. just clarifying.

 

[glamdring269]

Well, we just had an offer accepted today. This seems like a decent/fair deal to me but thought I'd throw it out here and let you guys tell me how we did...

VWL - 75 points - Oct UY
0 - '13
75 - '14
75 - '15

$74/point
Buyer pays closing
Buyer pays '14 maint fees

Comes out to ~$85/point if you include both closing and maint fees in the calculation.

Now comes the waiting...

 

[CarolMN]

Well, we just had an offer accepted today. This seems like a decent/fair deal to me but thought I'd throw it out here and let you guys tell me how we did...

VWL - 75 points - Oct UY
0 - '13
75 - '14
75 - '15

$74/point
Buyer pays closing
Buyer pays '14 maint fees

Comes out to ~$85/point if you include both closing and maint fees in the calculation.

Now comes the waiting...

I think you got a very good deal.

As I recall, VWL points have recently been selling in the low to mid 80's and you even snagged a smaller contract! Congratulations!

Good luck with ROFR - I think you will pass. It seems that Disney hasn't been exercising on VWL contracts for a couple of months or so (or maybe no one is reporting if they had one taken) and IIRC, the last few taken were in high 60's or maybe $70-$72.

 

[glamdring269]

So we've passed ROFR (last week as I recall) and are waiting on closing documents now. In the meantime I've been thinking a bit about point management and wanted to get some feedback from the experts. Rather than start a new thread I thought I'd just bump this one...

How do you manage ensuring that no points ever go to waste? It seems like through some careful banking/borrowing you could possibly end up not having any remainders but I can also envision plenty of scenarios where you have let's say 6 points left. Do you just end up renting out the rest? Maybe buy a few extra points from Disney to help use up the remainder? Look for someone willing to transfer? Etc.

I think I understand the theory but just looking to hear some real life examples. Please let me know if my question is not very clear.

 

[Mousewerks]

So we've passed ROFR (last week as I recall) and are waiting on closing documents now. In the meantime I've been thinking a bit about point management and wanted to get some feedback from the experts. Rather than start a new thread I thought I'd just bump this one...

How do you manage ensuring that no points ever go to waste? It seems like through some careful banking/borrowing you could possibly end up not having any remainders but I can also envision plenty of scenarios where you have let's say 6 points left. Do you just end up renting out the rest? Maybe buy a few extra points from Disney to help use up the remainder? Look for someone willing to transfer? Etc.

I think I understand the theory but just looking to hear some real life examples. Please let me know if my question is not very clear.

points left at the end of the year? What's that?

We are in continual borrow mode since we own relatively few points (150) and tend to take family and friends with us every other year. Needless to say, the possibility of losing points is exceedingly remote with us.

 

[DisneyDiana]

I never have points left. We always add a night and get a few one time use points so that no points get wasted.

 

[glamdring269]

Thanks that's what I figured. I can tell by just looking at the charts that the numbers will likely end up 'odd' at some point. Of course the only real solution is to transfer or buy extra. No one is going to try to sell 3 points or let them just disappear!

 

[starjazz]

Newbie here - how does one purchase a few one-time use points? So, say, you do have that 6 extra points, and you need to buy 5 more for an extra night. Whats the process?

Thanks!

 

[samfsu]

You can buy up to 25 points a UY from mickey or u can buy points from other members to transfer into your account.

 

[chalee94]

You can buy up to 25 points a UY from mickey or u can buy points from other members to transfer into your account.

it's up to 24. if you need 25 pts, that is the minimum for a new add-on contract...

also, be aware that the one-time-use pts are only available at the 7 month window (with a couple of other qualifiers as well).

if you go every other year or every year, banking leftover pts allows you to use them the next year so that none ever go to waste.

i do not recommend buying in with a plan to use pts every-third-year...partly for the reason that points will likely be left over.

 

[glamdring269]

We are now officially owner's at VWL. 75 points, Oct UY, $73pp (plus closing).

Received the membership number last night, called member services this morning to get online activation information, and of course have been screwing around with the web site this morning. Woo hoo!

Thanks again to everyone for the help and I'm sure we will be discussing contract #2 soon enough...