Thinking of buying resale pls explain if only want to go every 3 years

[libbylast]

How do I bank and borrow from years to make it possible to go every 3 years
Thanks

 

[DisDadDVC]

In year 1, bank your points into year 2. In year 2, borrow your points from year 3. Travel in year 2.

 

[libbylast]

So then would I bank points year 4 use year 5 and borrow year 6 and so on.
Is this what most people do. I'm from UK so not got much experience with dvc.
I will need a 2 bed villa do u think this will work out better then free dining offers in the long run
Thanks

 

[DisDadDVC]

So then would I bank points year 4 use year 5 and borrow year 6 and so on.
Is this what most people do. I'm from UK so not got much experience with dvc.
I will need a 2 bed villa do u think this will work out better then free dining offers in the long run
Thanks

Yes, that is what you would do. If you buy resale, you can look for a contract that has all previous years points as well as current year points, and you could start your vacation in year 1 of ownership instead of year 2. Personally, I think the bank/use/borrow is too risky. Little room for error or changes.

As far as better than free dining? That is not really the question. If you are talking about 2 or 3 trips, then no. If you are talking about 40 years of trips, then yes.

 

[supersnoop]

Just be careful. When banking and borrowing with the intention of travelling every third year, you'll need to use the exact number of points. You could easily strand some points and end up losing them.

 

[crisi]

So then would I bank points year 4 use year 5 and borrow year 6 and so on.
Is this what most people do. I'm from UK so not got much experience with dvc.
I will need a 2 bed villa do u think this will work out better then free dining offers in the long run
Thanks

No, most people here go multiple times a year. Some people go yearly, a few go every other year. Very few try a three year schedule because you will likely end up either wasting points or not having enough. If you always travel in the exact same unit for the exact same period - and Disney doesn't do another point reallocation - you could maybe make it work without waste.

If you don't have enough, you can buy them from Disney, but only at the seven month window which will limit your options. If you have too many, you might be able to rent them - but they'll have to be enough to make renting or transferring them worthwhile and you'll need someone who needs your number of points.

 

[Minniesgal]

We are sorta from the UK and we sorta do this. I say sorta because we do not have a regular schedule. We bought to do every three years but we are more inclined to do every other year. We have done twice in one year and we had to skip last year because my boss was a pain. We don't find we have stranded points as we operate always in borrowing mode so we can just borrow what we need and we never do the same trip twice. We split all our stays and don't always travel at the same time of year.

When we had bad luck last year and I really couldn't get time off work we rented the points out.

But what I do takes a heap of management. I';m ok with it because it's my kinda thing but I am always planning the next three trips to see the knock on impact of each trip on the next and make sure i have enough points in the right year for each of my next three trips. If you want something easy to manage I'm not sure Dvc every three years is the product.

 

[chalee94]

Just be careful. When banking and borrowing with the intention of travelling every third year, you'll need to use the exact number of points. You could easily strand some points and end up losing them.

i really would not consider buying in to use every third year - if you have to cancel, you have a very real risk of losing 3 years worth of points for little or no value.

 

[zavandor]

Just to explain the problem of going every 3 years with DVC.
Let's say you get a 250 points contract.
You have 250 point in your 2015 Use Year, 250 in the 2016 and 250 in 2017.
You plan to go to WDW during 2016 UY, the first two weeks of July. Your favorite resort is AKV and you want a savannah view. It's 744 points. Banking and borrowing you have enough points, but you have an extra 6. They remain in the 2017 UY, but you don't plan to go again until the 2019 and points cannot be banked more than once. So you actually loose these points. They are too few to book any night so you cannot rent them and it's very difficult to find someone who might want to transfer them (and use their only chance to transfer points in for just 6 points). They are not much in the grand scheme of things, but it's still wasted money.

But let's say you want to book BLT lake view. It's 772 points. If you bank and borrow all your points you get to 750, so they are not enough. And transfering in 22 points is not easy (same reason as above). Will you cut a night? It's 720 points. What to do with 30 extras? You can rent them, but it's difficult to rent exactly 30, so you'll waste something as well. And it's still some additional work involved.

And what if you have to cancel a couple of months before leaving? You can bank the 2016 points used for the reservation into 2017 to reschedule, but banked and borrowed point must remain in the 2016 year, so you won't be able to reuse them. You can try to rent them but it may be difficult if you are near the end of your UY. You might loose them all. And also, next year you have only the banked 2016 point and the points you can borrow from 2018 to book a vacation in 2017 (the 2017 points were borrowed initially), so you can book less days.

You can make it work, but you must be ready to "play DVC the game" very well (and learn all the ins and outs of the system).

 

[CarolMN]

I agree with the others - making an every third year trip work is very difficult to do unless you are willing to "waste" a few points every so often.

Better to rent points if every third year works best for your family. It ill cost a bit more, but assuming you are willing to commit 11 months in advance, you will have the advantage of picking the exact resort / villa size you want to visit. Good luck with your decision.

 

[_auroraborealis_]

I agree with the others - making an every third year trip work is very difficult to do unless you are willing to "waste" a few points every so often.

Better to rent points if every third year works best for your family. It ill cost a bit more, but assuming you are willing to commit 11 months in advance, you will have the advantage of picking the exact resort / villa size you want to visit. Good luck with your decision.

Well, I wouldn't say exact resort/villa size. But that can be somewhat true even as an owner.

Depending on dates, resort, size and view, there are combinations that one is unlikely to get renting because you need an owner willing to walk the reservation (AKL Value or Concierge, some Food & Wine choices, VGF or VGC, etc.). Still leaves a lot of options, and for some of those rooms and types, there are few guarantees even as an owner at 11 months due to booking patterns and ownership.

 

[Lynne M]

If I may ask, what's your reason for buying in? Do you want or need a villa for your family, and you're trying to find the most cost-effective way to book it for the next several decades? Or is this a more general "I heard DVC will save me money" thing?

Your "is this better than free dining" comment concerns me a little. DVC is not an inexpensive way to visit Disney. It's very, very far from the most inexpensive way to visit. If getting a villa is very important for you, then it may be the most cost-effective way to get one, over time.

 

[CarolMN]

Well, I wouldn't say exact resort/villa size. But that can be somewhat true even as an owner.

Depending on dates, resort, size and view, there are combinations that one is unlikely to get renting because you need an owner willing to walk the reservation (AKL Value or Concierge, some Food & Wine choices, VGF or VGC, etc.). Still leaves a lot of options, and for some of those rooms and types, there are few guarantees even as an owner at 11 months due to booking patterns and ownership.

All true, of course.

But I did say resort & villa size, not booking category, LOL. Suspect the only real exception to that statement is for the VGF studios for the high DVC-demand times. I haven't heard of anyone not getting a VGC studio if they book exactly at 11 months, but I suppose that may have happened, too.

 

[_auroraborealis_]

I haven't heard of anyone not getting a VGC studio if they book exactly at 11 months, but I suppose that may have happened, too.

I suspect the greater problem there is finding the love connection of "owner to rent at 11 months for you," although I suspect sometimes there's spotty availability in season.

 

[zavandor]

Your "is this better than free dining" comment concerns me a little. DVC is not an inexpensive way to visit Disney. It's very, very far from the most inexpensive way to visit. If getting a villa is very important for you, then it may be the most cost-effective way to get one, over time.

The UK WDW website runs a promotion available to UK residents only for a few DVC resorts (OKW and SSR usually) which includes a discount AND free dining included with wider availability than the USA website.
I think the OP is comparing buying DVC to that option (which has run consistently in the last years).