UY question

[mrs3720]

Does Disney allow its owners to change the UY of thier contract or would you have to buy a new contract with a new UY?

 

[browniemtb]

Unfortunately you can not change your UY once the contract is established. But if you were to buy another contract you could get a different UY.

Brownie

 

[Deb & Bill]

You'd have to buy a complete new contract from Disney or any resale from a reseller. If you add-on with Disney, you get the same use year. So you would have to buy the 160 minimum to get a new UY with Disney.

 

[disneynutz]

It's a shame that they won't let you change. We originally purchased April, now we have decided the October is better for us. At some point we will sell our April and just keep the Octobers.

 

[peacefrogdog]

To clarify, if one has an existing contract with a given UY, and then add-on - will the add-on points/contract automatically be the same UY as the original contract? Or do you have to request it/wait for an add-on with your existing UY to become available?

 

[ACDSNY]

To clarify, if one has an existing contract with a given UY, and then add-on - will the add-on points/contract automatically be the same UY as the original contract? Or do you have to request it/wait for an add-on with your existing UY to become available?

If you buy from Disney they will be the same UY.

I'm another one that wishes you could trade UY. I'm seriously thinking of selling our original contracts and buying an Oct UY. I currently have Feb and it doesn't work well with the new banking deadlines.

Maybe the Timeshare Store should start a new service for UY swaps so we just have to pay a nominal commision and closing costs.

 

[BWV Dreamin]

If you buy from Disney they will be the same UY.

I'm another one that wishes you could trade UY. I'm seriously thinking of selling our original contracts and buying an Oct UY. I currently have Feb and it doesn't work well with the new banking deadlines.

Maybe the Timeshare Store should start a new service for UY swaps so we just have to pay a nominal commision and closing costs.

Nope, it will never happen. Its all about the dollar, so we are at the mercy of selling and repurchasing. Remember, these are deeded transactions, so its not so easy.

 

[magicaldisney]

If you buy from Disney they will be the same UY.

I'm another one that wishes you could trade UY. I'm seriously thinking of selling our original contracts and buying an Oct UY. I currently have Feb and it doesn't work well with the new banking deadlines.

Maybe the Timeshare Store should start a new service for UY swaps so we just have to pay a nominal commision and closing costs.

Aren't the new banking deadlines better and easier to work with?

 

[disneynutz]

Aren't the new banking deadlines better and easier to work with?

I don't know if it's better. They are easier to remember. If you don't bank in the first 8 months, you loose the points. Pure profit for

 

[ACDSNY]

Aren't the new banking deadlines better and easier to work with?

They're easy to remember, but don't work with our travel pattern. With a Feb UY we'd have to bank by Sept 30th, but we typically travel the end of Oct or in Nov. If we ever had to cancel a trip we could be in a position of losing points.

 

[magicaldisney]

They're easy to remember, but don't work with our travel pattern. With a Feb UY we'd have to bank by Sept 30th, but we typically travel the end of Oct or in Nov. If we ever had to cancel a trip we could be in a position of losing points.

Got it now....thanks.

 

[Chuck S]

They're easy to remember, but don't work with our travel pattern. With a Feb UY we'd have to bank by Sept 30th, but we typically travel the end of Oct or in Nov. If we ever had to cancel a trip we could be in a position of losing points.

Yes, but if you cancel an Oct or Nov vacation with less than 31 days out, they'd go into holding points, and couldn't be banked anyway, even under the old rules. So for October and your use year, nothing has changed. The only difference would be November, and if you cancelled early enough, you could only bank 25% of your total contract points anyway.

Short notice cancellations were never a good idea.

 

[dianeschlicht]

As Chuck pointed out, last minute cancellations have thier own problems, and there really is not a lot that has changed with the new policy. Sure you would be able to bank 25% of your total points at that point in your use year with the old system, but that probably didn't cover it all anyway. I'm one who feels use year is of very little importance. I think it's just a matter of folks getting used to understanding the new banking deadlines.

 

[ACDSNY]

As Chuck pointed out, last minute cancellations have thier own problems, and there really is not a lot that has changed with the new policy. Sure you would be able to bank 25% of your total points at that point in your use year with the old system, but that probably didn't cover it all anyway. I'm one who feels use year is of very little importance. I think it's just a matter of folks getting used to understanding the new banking deadlines.

In the past I felt the same way since most likely we would of canceled by early Oct which was in our 50% range. We figured being on the west coast we could use the balance at DL before the end of the UY. That's why I'm having a hard time deciding if I really want to go through the expense of changing to an Oct UY or take my chances this won't ever be an issue. I plan on purchasing at GCV so maybe I'll just get a new master contract with Oct UY. Then again I've been watching a 100 point SSR resale listing and thinking about purchasing that so I won't have to purchase quite so many points at GCV. Oh the decisions!

 

[BWV Dreamin]

In the past I felt the same way since most likely we would of canceled by early Oct which was in our 50% range. We figured being on the west coast we could use the balance at DL before the end of the UY. That's why I'm having a hard time deciding if I really want to go through the expense of changing to an Oct UY or take my chances this won't ever be an issue. I plan on purchasing at GCV so maybe I'll just get a new master contract with Oct UY. Then again I've been watching a 100 point SSR resale listing and thinking about purchasing that so I won't have to purchase quite so many points at GCV. Oh the decisions!

Here's a vote for GCV!! Some reasons for this: 1) only DVC in CA for now, we know others are coming, 2) will be in high demand, can always rent if don't use 3) is a great stop over on way to Hawaii, 4) Disney's commitment to pump lots of dollars into DL theme parks, 5) Garden Walk expansion will only enhance that area. This is a no brainer, forget SSR!

 

[ACDSNY]

Here's a vote for GCV!! Some reasons for this: 1) only DVC in CA for now, we know others are coming, 2) will be in high demand, can always rent if don't use 3) is a great stop over on way to Hawaii, 4) Disney's commitment to pump lots of dollars into DL theme parks, 5) Garden Walk expansion will only enhance that area. This is a no brainer, forget SSR!

I'm leaning toward the GCV since we make more trips to DL than WDW. We don't normally cancel trips once they are booked so now I need to decide if I can live with our current Feb UY or purchase a new UY for GCV. If I stay with Feb I can break up my add on into two contracts instead of one larger one and have less to keep track of.

 

[BWV Dreamin]

I'm leaning toward the GCV since we make more trips to DL than WDW. We don't normally cancel trips once they are booked so now I need to decide if I can live with our current Feb UY or purchase a new UY for GCV. If I stay with Feb I can break up my add on into two contracts instead of one larger one and have less to keep track of.

There's always travel insurance, even though it doesn't compensate you alot, you would get at least $5/pt. Thats something, then you could always try and rent the points. I have a March UY for one of my contracts, so I'm kinda in your same situation. If I ever want a January or Feburary vacation, those will be use or lose months for me. I will just take my chances. Go for your GCV contracts, and transfer points you might lose. Remember, even if your past your banking period, you can still transfer those points to your other contract. Just have to do it before the end of that UY.