Use Year Question

[plymouthmom]

I have just purchased a 100 point contract at OKW with a June use year. Our plan is to go Spring Break 09 by banking this years points, using next years points and borrowing from 2010 points. We need a 2BR which will required 296 points Is this going to work for a end of March travel date?

 

[dvc_john]

Not quite.

March 2009 is in your June 2008 UY. June 2008 points are good June 1 2008-May 31 2009.
So you can use your 2008 points, and you can borrow your 2009 points. But you won't be able to borrow 2010 points for use in March 2009.

If you have any 2007 points and they have been banked, you could use those. But if you have any 2007 points and they aren't already banked, you are past your banking deadlines.

 

[disneynutz]

I have just purchased a 100 point contract at OKW with a June use year. Our plan is to go Spring Break 09 by banking this years points, using next years points and borrowing from 2010 points. We need a 2BR which will required 296 points Is this going to work for a end of March travel date?

No it won't work.

Right now you are in your '07 UY. Those points must be used before May 31, 2008 or you loose them. It is too late to bank them.

In June of 2008 your 2008 UY, you get another 100 points and you can borrow 100 points from your 2009 UY. That only gives you 200 points that can be used in March '09.

 

[dvc_john]

....and you can borrow 100 points from 2010.

I'm sure you meant
...and you can borrow 100 points from 2009.

 

[disneynutz]

I'm sure you meant
...and you can borrow 100 points from 2009.

Oh sure... (pause) that's what I meant.

 

[plymouthmom]

Since I haven't closed yet, i have no 2007 points. Not getting any until this June. So basically I have 2008 points I can use and 2009 I can borrow?

 

[CarolMN]

Since I haven't closed yet, i have no 2007 points. Not getting any until this June. So basically I have 2008 points I can use and 2009 I can borrow?

Correct.

 

[plymouthmom]

Thanks Carol! Good to "see" you! As you can see we finally took the plunge. Looking forward to our first trip home next year!