UY/Add-On Question

[ut*disney]

We have a contract on 220 points at SSR with an October UY. It went to Disney for their ROFR Friday, march 19.

If we are to purchase another contract at AKV, should we buy one with the same UY? Or would that matter?

 

[kenny]

We have 3 contracts (1 SSR and 2 BLT) and kept the UY's the same. Makes it much easier to manage.

Multiple UY's are not bad but it would mean that you would have pts coming at different times of the year and would need to be aware of which pts are where for booking and banking.

Personally like to only have to remember 1 banking date and 1 pts date but if you are buying resale it makes it much harder to do. With Disney directly, they automatically give you the same UY.

 

[ut*disney]

...if you are buying resale it makes it much harder to do. With Disney directly, they automatically give you the same UY.

I'm not sure what you mean. If I buy an AKV contract from Disney, they can give me an October UY for AKV now?

 

[kenny]

I'm not sure what you mean. If I buy an AKV contract from Disney, they can give me an October UY for AKV now?

Once you pass ROFR your SSR contract is the same as everyone elses (who bought directly from Disney). If you were to purchase an add-on through Disney for AKV they would look up your current contract and see that for SSR you have an Oct UY. You AKV would automatically be Oct.

If you are buying AKV resale you would need to shop around for the correct amount of pts you want, price you want and an Oct UY. Just makes it a little harder to keep UY the same but you do save money then buying directly from Disney.

 

[Sandisw]

I'm not sure what you mean. If I buy an AKV contract from Disney, they can give me an October UY for AKV now?

Your UY is not determined by when you buy. I bought last year in April and asked for a June UY. That is simply when your points become current each year. Each resort is alloted so many points per UY.

When Disney sells resorts, they do suggest UY's to owners. When BLT started sales, all new members were just given Feb UY (unless they asked for something else).

If you own an Oct UY and add on through Disney, they will automatically give you the same UY.

Having one UY is better, IMO. When you have more than one, they will be two different memberships (with different member #'s). In order to use the points together for a single night, you have to transfer between the two.

However, when they are the same UY but different resorts, once you are at the 7 month window for a reservation, the points all function as one big contract.

So, if you add on 100 AKV points to your 220 SSR points, at 7 months, you can use all 320 together.

Of course, prior to 7 months, you can't combine the points as only the AKV points are good at AKV 7 - 11 months out, and only the SSR points are good at SSR 7 - 11 months out.

 

[Dean]

We have a contract on 220 points at SSR with an October UY. It went to Disney for their ROFR Friday, march 19.

If we are to purchase another contract at AKV, should we buy one with the same UY? Or would that matter?

While there are some advantages to having different UY, for most, it's best to all be the same UY. And depending on how many points you're looking at (? under 100), you might not have the choice.

 

[ut*disney]

While there are some advantages to having different UY, for most, it's best to all be the same UY. And depending on how many points you're looking at (? under 100), you might not have the choice.

What are some of the advantages to having different UY?

 

[wdrl]

What are some of the advantages to having different UY?

The importance of a UY comes into play primarily if you are ever faced with the necessity of canceling a trip outside your banking window. For example, with your October UY, you can bank your points up until May 31st of each year. Lets assume that on 10/5/2010, you book a trip at SSR at the 11-month window for 9/5 - 9/12/2011, and you are using your 2010 points . But on 6/1/2011, you realize you need to cancel the trip and can't return to WDW until January 2012, at the earliest. Since you are passed your banking window for your 2010 October UY points, you will lose all of those points.

Now, lets assume that you had two master contracts, one with an October UY and another with a June UY. Assuming you had enough points in each contract, you could use your June UY points to book your September trip. That way, if you had to cancel the September trip on June 1st, you could still bank all of your points because June UY's banking window is not until January 31st.

Of course, if you never need to cancel or postpone trips, UYs won't pose a problem. There are other reasons why people have multiple UYs, but the example above is a big reason why some people like having multiple UYs. I sort of envy those who can manage having multiple UYs because I find it challenging enough keeping track of my two home resorts!!!

 

[Dean]

What are some of the advantages to having different UY?

Under the OLD rules it was more important because your banking options were predicated on your total number of points in that contract. Thus the new banking rules removed one (likely the biggest) benefit to having the points under one master. The other advantages of having them all together are simplicity and the ability to use points from both contracts for a single night. The other potential benefit I see is to get enough points together to make a full 7 days reservations at one time. The main benefit of a different UY is simply being able to time the contract you use to the trip itself thus giving you more protection if you have to change or cancel. In the past there have been some benefits to singled owners with multiples masters associated with transferring holding account points, there is some question how often this benefit still holds true but though some will tell you it's gone forever, I know it's not completely. Lastly, there are still benefits transferring points that are no longer bankable in some cases since transferred points can CURRENTLY be banked up until the end of the UY. I would expect that to change at some point though.

 

[ut*disney]

I guess my mind is full of cobwebs this morning since I haven't had my coffee yet because I don't have a clue what either of you have said.

 

[wdrl]

I guess my mind is full of cobwebs this morning since I haven't had my coffee yet because I don't have a clue what either of you have said.

There is a really good thread on understanding Use Years somewhere on the disboards. I'll try to find a link to it and post it.

Here is the link: http://www.disboards.com/showthread.php?t=1942668&highlight=understanding+use+years

By the way: Since AKV is actively being sold by DVD, you can easily get October UY points if you buy direct. Less than 57% of AKV's total points have been sold to date.

 

[5forDiz]

......Since you are passed your banking window for your 2010 October UY points, you will lose all of those points.

The OP would not necessarily lose all those points; and since OP is new, want to point out:

~ that if the reservation does not contain banked &/or borrowed points and is entirely current UY points then ALL current UY points used in that reservation could be transferred to another dvc owner for their use and even if reservation contained banked &/or borrowed points the OP could still transfer the current UY points in that reservation to another member.
~ and all the points in the reservation whether current, banked or borrowed could possibly be rented to an owner or a non-owner to secure a reservation at a DVC Resort to take place before the UY ends.

Also, if I'm not mistaken (although I've never deposited points to RCI to date) if I recall correctly, it may be possible to deposit points to RCI for a future trip through their offerings which, iirc, would have to take place within 24 months of depositing; hopefully others here who are familiar with depositing points into RCI will be along to post details on whether this in fact is possible ( or not ).

Best wishes and hope to welcome you home real soon

 

[ut*disney]

The OP would not necessarily lose all those points; and since OP is new, want to point out:

~ that if the reservation does not contain banked &/or borrowed points and is entirely current UY points then ALL current UY points used in that reservation could be transferred to another dvc owner for their use and even if reservation contained banked &/or borrowed points the OP could still transfer the current UY points in that reservation to another member.
~ and all the points in the reservation whether current, banked or borrowed could possibly be rented to an owner or a non-owner to secure a reservation at a DVC Resort to take place before the UY ends.

Also, if I'm not mistaken (although I've never deposited points to RCI to date) if I recall correctly, it may be possible to deposit points to RCI for a future trip through their offerings which, iirc, would have to take place within 24 months of depositing; hopefully others here who are familiar with depositing points into RCI will be along to post details on whether this in fact is possible ( or not ).

Best wishes and hope to welcome you home real soon

I am COMPLETELY LOST!!!! What do you mean I would loose all of my points?

 

[ToddyLu]

It took me about 4 months reading through the threads to finally wrap my head around the rules of owning DVC.

Basically each use year has a banking deadline. I own 210 points at AKV and have a Dec. UY. Every Dec.1, I get my allotment of 210 points. So on 12/01/09 I got my new allotment of points. However, I used some of them (borrowed) from my current UY to travel last year. That left me with 156 points going into 2010. I have to bank those points by 7/31/10 or I loose them since my next trip is scheduled for 12/01/10. I have already banked 48 of my 2009 points becasue I needed that many to make my reservation for DEc. 2010 (210+48 to have enough points for what I wanted). THe remaining 108 I have to bank buy 7/31 or I cannot use them in 2011.....Once you bank points you cannot put them back into the UY you took them from. So each year you will have a banking deadline. If you want to save your points for that year then combine them with the next years points, say for a 2 bedroom or Grand Villa you have to do that before your deadline.

Each Oct you will get , let's say 100 points at AKV. You may take some trips that are 60 points and some that are 120 points based on when you stay and what accomodations you choose. With DVC you can combine up to 3 years of points by banking, borrowing and using you current UY points. So you could in essence have 300 points every 3 years at your disposal. To use them like that you have to bank the first set of 100 points by a deadlline, being May 31 each year. So if you do not bank those points you cannot use them after your UY ends, September 31. They are gone. If you bank them by May 31 you are good to go, for using them after September 31, into the next UY.

Crap, I don't think that made sense either...if I concentrate hard maybe I could send you the rules by ESP or osmosis. All I can say is one day you will wake up and just understand it---but until then you will have to read and think and read and think. At least that is how I did it and I am blonde.

 

[wdrl]

5forDiz brings up some options that DVC members have in preventing the loss of points if you cannot bank your points.

"How can I lose all of my points?" -- DVC members receive a yearly allocation of points. Those points must be used before the expiration of the UY. Under current DVC rules, members can bank some or all of their current UY points into the succeeding UY, as long as the points are banked by the end of the 8th month of the current UY. Once points are banked, they cannot be banked a second time, nor can the points be "unbanked" and returned to the original UY.

If a member fails to use their points before the end of the UY, the points will be lost. If the points have been banked into the succeeding UY, they must still be used before the end of the succeeding UY.

In your case with an October UY, you have to use your 2009 yearly allocation of points between October 1, 2009, and September 30, 2010. If you don't plan on using your points during that period, one option you have is to bank your points into the the 2010 UY, which runs from October 1, 2010, to September 30, 2011. But you must bank those points no later than May 31, 2010. If the points are banked, you must use those points no later than September 30, 2011. If not used, you can lose those points.

As 5forDiz points out, members have some options to help avoid losing points. Fortunately, members seem to find more than enough ways to use their points.

 

[ToddyLu]

There are rules for using your points each year. You cannot book AND travel in the last 4 months of your use year. I can travel but I should have booked between the 11-4 month timeline. So I cannot book in October for a Thanksgiving trip 6 weeks later---because those dates fall within the last 4 months of my Dec. UY. If I want a Thanksgiving trip I have to book well in advance because of when it falls within my UY. That is why UY is important ..you have to kinda know what the rules are in order to plan accordingly. If I want to book a trip in April for May 1st--I can because those aren't the last 4 months of my Dec UY.

 

[ut*disney]

The contract we have has '08, '09 points banked and '10 points borrowed. We know we have to use all 648 points before Sept. 30th.

We are supposed to close April 28, all depending on Disney passing their ROFR.

Case scenario:

Disney passes and we close on time. We purchase an add-on at AKV from Disney.

Are you saying if we were to add on, we would loose our points because it would be after Sept. 30th?

 

[dbs1228]

I was under the impression (and pretty sure it is true) that the book and travel within the last 4 months of UY only applied to non dvc properties. I was told if I have the points in Sep with an Oct UY and wanted to book any dvc property last minute trip (if availability) I can book and travel before the points expire. If you had to cancel that trip the points would be gone at the end of the UY with no option to bank. That is why people pick a UY close to when they start travel so if they had to cancel they would still have time to bank their points or use the points a little later in the year.

 

[bumbershoot]

I was under the impression (and pretty sure it is true) that the book and travel within the last 4 months of UY only applied to non dvc properties. I was told if I have the points in Sep with an Oct UY and wanted to book any dvc property last minute trip (if availability) I can book and travel before the points expire.

I am under the same impression. For the actual DVC resorts, and including the Disneyland Hotel and Paradise Pier Hotel, you can book and travel right up until your points expire.



OP I feel really bad for you! UY is so so so so hard to understand; we've owned since March and I can still only "sound bite" little bits of UY rules.

And then while answering, people will bring up things that sound scary, etc etc...


If we were adding on, we would add on for the same Use Year. It would just be less complicated for us.

And when you add on through Disney directly, they will make the contract for the same Use Year that you already have. And once you are through the process of buying your resale, you will be able to add on as few as 25 points, directly through Disney, in the future.

 

[Sandisw]

There are rules for using your points each year. You cannot book AND travel in the last 4 months of your use year. I can travel but I should have booked between the 11-4 month timeline. So I cannot book in October for a Thanksgiving trip 6 weeks later---because those dates fall within the last 4 months of my Dec. UY. If I want a Thanksgiving trip I have to book well in advance because of when it falls within my UY. That is why UY is important ..you have to kinda know what the rules are in order to plan accordingly. If I want to book a trip in April for May 1st--I can because those aren't the last 4 months of my Dec UY.

This is ONLY true if you are booking and traveling to non-DVC locations. The rule of 4 does not apply to booking at the DVC resorts.

I can call tomorrow to travel in April with my June UY if I want to stay at one of the WDW DVC resorts.