What is a guaranteed week?
For some reason I can't find the
DVC page for regular guaranteed weeks, but here's the page for runDisney guaranteed event weeks:
https://disneyvacationclub.disney.go.com/rundisney-weeks/
A guaranteed week works the way a traditional timeshare works - you buy enough points for one week of the year that you want to return every year, buy an additional 10% in points, and DVC books the week for you either right before or right after the 11 month window opens. However, you still have the ability to change or even cancel the week and use your points however you wish.
The downside is you must purchase an additional 10% in points. For example, we have a CCV runDisney guaranteed week for Wine and Dine weekend, which is I believe week 44 specifically. On the points chart at the time we bought, that week was 107 points for a studio. We had to buy an extra 10%, so 11 points, so we have a total of 118 points per year. DVC books the studio for us, and it costs the full 118 points, so we do pay a premium over everyone else.
The upside is, the points costs never goes up. If DVC adjusts the
points charts and that week now costs 120 points to book, we still only have to use our 118 points and we get the whole week. (This applies if the week is adjusted down, to, say, 95 points. We pay a bigger premium.) We get a hard to book room (CCV studio) during a very busy week (Food & Wine) and a very busy weekend (Wine & Dine race weekend).
If you love CCV, travel mostly during the same time every year, and want to book studios, consider a guaranteed week. You will save yourself a lot of headache and hassle down the line, as studios are not getting any easier to book.
The bad thing here is if you're buying a week during a hard to book low points cost week, you'll miss out on incentives for CCV (they currently start at 155 points). According to the 2021 points chart, it would be necessary to buy a guaranteed week during Easter or between Christmas and New Years (183 points per week) to get an incentive, or you'd have to buy more than one guaranteed week. $220/point is quite a large premium to pay for guaranteed bookings. But if you're already considering 100 points direct at CCV and know you'll go around the same time every year, an extra 18 points isn't a huge amount.