If you have a fixed week, do you still have to book it at 11 months to guarantee that you get it? Are there any downsides to a fixed week?
How much more is a fixed week?
If you have a Fixed Week (
DVC calls them Guaranteed Weeks), you don't have to do anything to get it. MS books it for you between 11-12 months in advance - AHEAD of the 11 month window - and you'll get a confirmation and it'll appear in your dashboard. If you have a runDisney event, they SHOULD call you to confirm what you want your check-in/check-out date to be, as runDisney FWs have the benefit of a flexible check-in/check-out date (FWs are otherwise Sun-Sun).
FWs cost 10% more points
than the cost of the week the resort opened. So purchasing a FW in the Fall right now is a huge benefit, as those weeks have gone up in price. I own runDisney Food & Wine Fixed Week #44, week #47 (Thanksgiving most years), and week #48 (week after thanksgiving most years/holiday season) in a Studio at Copper Creek. Each of these weeks cost 118 points to purchase, which was 11 points more than the cost of those weeks when the resort opened (they cost 107 to book then), but I purchased them in 2020, during the huge incentives. Now, to book those weeks in 2023, it is 123, 127, and 118, respectively. So I am no longer paying a premium, and in get my weeks "cheaper" if I use them.
Note that the reverse is also true: if you had FWs in Sep (say, week 39 at 118 points), the cost of your weeks has gone down (it's now 95 points), and you'd still pay 118 points if you keep the week. Of course, you can also cancel your FW and rebook it at the lower rate if there is availability.
They are only allowed to sell a max of 35% of a villa type for any given FW, so it's possible there may not be availability. FWs can be purchased at Copper Creek, Polynesian, Grand Floridian, Riviera, and Aulani. Since VGF2 is entering the same condo association as VGF1, it stands to reason you can purchase FWs in those rooms once sales open, and there should be plenty of availability.
From my perspective, there is no downside, especially as FWs
should increase your earnings if you sell later on. But if you buy during a timeframe Disney is seeking to increase in cost, it can be a real savings. You can cancel your FW and use the points elsewhere -- and if you already use the points in a future earning, at the ~12 month mark, Disney will consider it "canceled," so you don't need to call them if you know you have future plans.
You cannot modify a FW (aside from runDisney events), so if you want to stay shorter than 7 days, or you want to add on days, that has to be a separate reservation, or you have to cancel and rebook the FW. Likewise, you need to call to cancel to ensure you get the right number of points back, which can be a minor hassle with the wait times these days.