Pro Rated Membership Fees

[brucec32]

My wife called and was told by Disney that even though the first BCV use month for sale currently is December, if we purchased now we would owe pro-rated fees for the next 8 or so months, even though we don't get any points to use till December. Is this correct? If so, what is the rationale for charging fees for something you can't use(w/o borrowing points)?

 

[CarolA]

I assume you are using MB. If so, you did have use of the points you just opted to sell them. I bought points this week with a March use year and will owe either 10 or 11 months of dues on them. I did not do MB so I have the points for use now.

 

[msdis]

It's true, I got the same answer this morning. Get a 2002 contract and then you will get another years points. They will still be prorated but at least you will have them.

 

[brucec32]

Gotcha. That makes sense. The $1500 discount is really more like $1100 once I factor in the fees. OR, I could just take the 150 points and use em.

 

[tvwalsh]

The DisBoards have lots of people who are willing to buy your points for about $10 each. Disney is not doing you much of a favor with a $5 or$10 MB. With Vero it is $15, but then Vero has higher fees. Unless you really want to buy Vero (the 11 month window helps get the beach cottages) I don't think much of the Magical Beginnings!

 

[Chuck S]

Personally, I don't see a big difference between using Magical Beginnings and keeping the points if you only plan to rent them out and not bank them to the next use year. $10 is $10, you'll still have to pay the fees, whether Disney uses them or you rent them, and with MB you don't have to go through the hassle of finding a renter and drawing a contract, or waiting for payment. If you could rent them for substantially more, maybe it would be worth the hassle, but that certainly is unlikely.

 

[msdis]

The trick is to buy just before the deadline to sell back for MB.

 

[Jimbo]

I gotta agree with Chuck. If Disney is paying you $1500 for $1500 worth of points, where is the discount? I used MB on my add-on because I didn't need the first year's points anyway, but I didn't feel like I was getting a deal. It was just a convenient way to rent my points.

 

[brucec32]

Originally posted by msdis
The trick is to buy just before the deadline to sell back for MB.

I'm afraid I don't understand. Could you please elaborate?

 

[DebbieB]

I did this. I wanted an April use year and waited until September 1999 to buy. September 30th was the deadline to use MB for an April use year (100% banking deadline). That way I only paid for dues from September to December in 1999 and got a full year of points in April 2000.