Understandably, most potential resale buyers search for DVC contracts with a full allotment of points available for the current Use Year year. Some buyers may even be searching for contracts with extra points available. There are, however, a few great reasons why you may want to consider purchasing a stripped DVC contract, or one without any points available for the current year. Below, we’ll explore several hidden benefits of buying stripped DVC contracts and how that stripped contract you’ve been avoiding may actually be the smartest choice for you and your family.
1. No Dues!
Purchasing a contract without points available for this year means that you will not be responsible for the maintenance fees for this year. However, your membership will be valid as soon as your sale is finalized, so you will be able to start planning and booking reservations with next year’s points without paying a single cent in dues for this year.
2. No Vacation Plans
If you don’t have any travel plans for the current year, it makes perfect sense to purchase a contract with points starting next year. DVC prices continue to rise annually, so why not lock in your price now for your future vacations? You’ll get to start planning early and ensure that you’ll have plenty of time to close on your sale and complete your membership enrollment before your 11-month booking window begins.
3. You Can Always Borrow
Of course, there is always the option to borrow points if you are planning on traveling before your points renew. Simply borrow as many points as you need for your reservation from next Use Year’s points and book that vacation you’ve been longing for.
4. Don’t Forget Your Booking Windows
Remember, when you own DVC you don’t actually have to wait until the start of your Use Year to book a reservation with those points. Reservations can be booked up to 11 months in advance of your travel date at your home resort, or up to 7 months in advance of your travel date at all other resorts. Therefore, if you’re planning to travel to your home resort in October 2020 but your Use Year doesn’t start until July 2020, then you’re in luck. You can book your reservation right now using your 2020 points.
5. Additional Savings
Since some buyers view stripped contracts negatively, you can potentially find stripped contracts available for sale at reduced prices. Purchasing a stripped DVC contract can save you hundreds, if not thousands of dollars on your purchase price. And since you can technically still use your membership once your sale is finalized, you can save money and still enjoy your new DVC contract and all of its benefits.
If you’re in the market for a DVC contract, remember not to disregard contracts that are currently void of points. The hidden benefits of buying stripped DVC contracts will likely outweigh the negatives, making them a smart option for many buyers.