Planning to buy into DVC in April

[chalee94]

Originally Posted by Dr Ken

Is "transferring" the same as "renting" points?

no.

transferring pts means you have the pts transferred into your member account. only a DVC member can have pts transferred to them. once pts are transferred into your account, you own them and can use them to make a reservation that you control.

points cannot actually be "rented" - we talk that way but "renting" actually means that a DVC member makes a reservation and rents the reservation. that reservation can be rented by a DVC member or a non-member - but in either case, the renter does not own the reservation and cannot call MS to check on the reservation or make changes. the DVC owner who made the reservation controls the rental until the renter checks in.

For example, if I owned 160 points at BLT but currently had no points available, could I confirm a GV at BLT for 800 points?

The assumption is that I would get this UY points, borrow next year's UY, and that i had the remaining points at another DVC resort or would buy or rent the extra points before arrival.

if you had a BLT contract with an august UY and wanted to make a reservation for dec 2013, you would have access to 160 banked 2012 pts (maybe) + 160 current 2013 pts (based on the dates of the stay) + 160 borrowed 2014 pts = a max of 480 pts from your contract.

at the 7 month window, you'd have access to up to 24 one-time-use pts from disney directly, but that won't do you much good.

so you'd need to have a BLT owner transfer you 320 or more BLT pts in order to book BLT at 11 months out. you can only have one transfer per UY (either in or out, but not both) so you'd need to find someone with a lot of BLT pts. that's the best way to pull it off...

if you are not a control freak, it would be possible for you to use your pts to book several nights at BLT and then rent a stay from another BLT owner for several nights that completes your full visit...but you wouldn't control that part of the reservation and you'd need to have MS link the 2 separate reservations (and have to check-out and back in and hope you could stay in the same villa.) not an ideal situation, though.

[crisi]

Originally Posted by JimMIA

Actually resort is important in two ways. The first is the booking window.

The other is the maintenance fees, which DVC calls "annual dues." There is quite a spread in annual dues from resort to resort, and over the longer term your dues will exceed your initial buyin cost.

• Booking window
• Dues
• Purchase price (SSR or OKW are bargains compared to BCVs)
• Contract life (20 year olds planning on a life at Disney might want to buy a longer contract life resort - someone bringing their grandkids might not care).

[cavesrus]

I can't find uy what does it start for I assume yearly renewal of some sort.

[chalee94]

Originally Posted by cavesrus

I can't find uy what does it start for I assume yearly renewal of some sort.

use year explains 2 things, really:

1) when your banking window closes = 8 months after the start of your UY, and
2) when your pts are valid for stays.

so an oct UY means my 2013 pts are valid for stays from oct 1, 2013 to sept 30, 2014. if i'm not going to use those pts during that period of time, i can move them up or back a year (one time only) by banking or borrowing. if i haven't banked them by may 31, 2014, they will expire on sept 30, 2014 if i don't use them for completed stay by that date.

UY is mostly an issue if you need to cancel so it's better to travel early in your UY and never in the last few months. more info on UY is here if you need it:

http://www.disboards.com/showthread.php?t=1942668