month of ownership?

Discussion in 'All Other Disney Destinations' started by See Post, Aug 13, 2007.

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    See Post New Member

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    Originally Posted By mcdisney

    I have been watching DVC resales and i'm curious if there's an advantage to buying one month versus another month? i don't know anything really about how the DVC points work, but was thinking about buying a resale because of the price difference (compared to new sale). we will take a tour on our next trip next month, but would like advice from a DVCer rather than a salesperson. thanks!
     
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    Originally Posted By JaytheSkipper

    Your points will renew every year during that month. In my view, month of ownership doesn't matter. The way I see it I have those points every year and can borrow points from the next year so whether I own in September or August does not matter to me.

    This is the month you will pay your dues. So you may want to consider month from a financial planning perspective.

    You can consider your month for a trips that you take at the same time every year. Say for example you wanted to take a trip in September and October every year and you have a use month of October 1. You could use your current points for your trip in September and then your points would renew on October 1 without you having to borrow from the next year.

    You can book at your home resort 11 months prior to the date of the trip and you may book at another resort 7 months prior to your trip. But this is driven by home resort not use month.

    Unlike a traditional timeshare, however, your month is not particularly valuable. Even if your month was December (Holiday), it is more in demand but everyone is on equal footing in terms of booking.

    Good luck!
     
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    Originally Posted By mcdisney

    Thank you very much - that is helpful to know!
     
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    Originally Posted By DVC_dad

    Frikmin iPhone! I just types in about 500 words that disappeared into oblivion!!!!! I'll try again later .
     
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    Originally Posted By Indigo

    Hey, at least you have an iPhone
     
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    Originally Posted By forcemejure

    I've heard the "month = when dues are due" before, but its not true for me. My month is August and my dues are "due" on Jan. 15th and late after Feb. 14th.
     
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    Originally Posted By Mickeymouseclub

    Yes my month is August but my dues had to be paid by 1/15. I also think it would be an advantage to have a Feb as my use year because 11 month window/versus 7 month would be an advantage for Holiday booking. Is that correct? I also did not get a choice for the month. I purchased in Jan 2001 and they said my use year would be August. Anyway DVC DAd Please post your info again because I still am confused even tho I have been a member for many years.
     
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    Originally Posted By Mickeymouseclub

    And another ? about resale pricing. I do not understand why people purchase resales considering the price and the amount of use years left. Does it seem better to just purchase a new contract? Are the prices "firm" that I see listed for resales?
     
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    Originally Posted By retlawfan

    We had the option of October or December. We chose October because there is a rule regarding canceling less than 30 or 60 days before the end of your year(You lose the points). And we regularly travel to DL the last week of November/first week of December. By choosing October these dates are at the beginning of our use year. If we HAVE to cancel, they just go back into our account. AND, this is before we would have to make the decision to bank points for the year.
     
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    Originally Posted By Mickeymouseclub

    What month did you purchase to get those choice? That is good advice to remember in case I ever bought more points(GCH/DL hopeful).
     
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    Originally Posted By retlawfan

    I don't remember the month, but we asked to find out what other months they had available at the time we purchased, and the October points were available. As you know the DVC folks are great, so always feel free to ask. If you don't seem to get a cooperative sales rep., let me know, I can give you the name of mine.
     

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