Ugh...Add on decisions, need your help :)

[dairyou]

We originally started with an add on of 50. Now it's up to a 100 that will post on our credit card on 5/17 with Disney. $9000.00 SSR with the 4 free 1 day tickets. Maintenance fee will be about 280.00.

Now, we get an email from ********. Just a standard advertising email. She has a HH, use year same as ours now, 150 points for a total of 12,000.00. That includes closing cost and maintenance fees. She said she thinks at $74.00 per point (with 108 pts still for 2006) that it will pass Disney.

We thought of HH before when I talked with our guide, but 100 pts didn't get us far at the 11 month window. We've never been to HH, but from all you guys' reports, it sounds wonderful.

So what would you do? Buy the 100 pts at Disney or buy the 150 pts through ********? We asked for a higher limit on our interest free credit card, so the 12,000 should be paid off in 1 year. I guess we're just worried if it doesn't pass, we'll lose the $90.00 per pt we had with Disney. Plus we have a reservation to make for November and we'll have to wait longer to make that if we go with ********. Not sure if they will have 2 bedroom unit left by the time we get everything settled.

Ugh! I need your expert help!
Deb

 

[dairyou]

Whoops, just noticed all the ****. Sorry Mod if I didn't do this right!

Deb

 

[robinb]

Stop and take a breath .

First of all, I need to ask you "Why Hilton Head?". The only reason to buy HH, IMO, is if you have regular plans to spend the summer months there.

Secondly, I don't think the price is not all that attractive, especially for a contract with 30% of its current points used. Dues should be $4.34 (http://personalpages.tds.net/~rb/DIS/DVC/DVCDuesHistory.htm) per point and you should only pay for the 108 remaining points. Closing costs are about $500. The Timeshare Store (the board sponsor) has contacts which are more attractive, IMO.

Thirdly, you do not have to stick with the same use year when buying a resale. I have two resales and they have different use years.

Fourth, your 100 SSR points *will* be added to your original SSR points and can be combined for use at the 11 month window just as if they were part of the original contract. So, the 11 month window should not stop you from buying the add-on.

Unless you have a huge need to own at a different resort, I would consider keeping your add-on. You will have the same UY (with *is* convenient ) and, more importantly, the same expiration date.