Disney Vacation Club has only offered the Fixed Week purchase option for the newest four of its fourteen properties. The option allows buyers to secure a specific unit size and week every year without any of the uncertainty involved in making reservations. The buyer can cancel their fixed week at any time and receive the points to use for any other booking, and the Fixed Week is guaranteed to be immune from any future point chart adjustments. The primary downside appears to the the requirement to purchase 10% more points than the given week would actually cost if booked through normal means.
Topic: If the Fixed Week option were available at the time of your DVC purchase, would you have given it any serious consideration?
Yes and no.
When we bought in 2009, it was the flexible nature of the DVC traditional point system that made me think we could get maximum use out of becoming members. If a fixed week option was offered for Bay Lake Tower in 2009, I would have turned it down.
However, now that we have been members for several years, I can see the advantages of having a fixed week deed, especially as it is structured the way that DVC sets up its fixed weeks. Every year, fixed week owners can opt out of their fixed week and convert their week to traditional points. When they opt out, they get the full amount of points they purchased, which includes the 10% premium that they initially bought. Basically, the fixed week option will still give the owner the choice of using the points much like the DVC traditional point system.
I think anyone who is considering buying around 118 or more points at Copper Creek AND wants a studio for most visits should seriously consider buying a fixed week. Even if they rarely intend to use their fixed week, they sill have the full complement of points at their disposal.
One advantage of having a fixed week is if Copper Creek turns out to be very popular during parts of the year, it may be difficult to book certain accommodations unless you are ready to book when the 11-month home resort booking window opens. By having a fixed week, you don't have to worry about the 11-month window. In fact, you don't have to worry about competing with others for your reservation because its already booked for you.
Knowing everything I know today, I still would not consider buying a fixed week contract. The minor benefit (for me, at least) would never justify the extra cost.
Theoretically, I could see us using a fixed week in Anaheim, but that is iffy at best. Maybe once the kids are out of the house and have their own families...probably not even then.
I can see why some folks would want it, but it carries a price premium (+10% points). Our lives don't generally let us count on taking the same vacation every year and booking at the 11 month mark is not a serious issue.
For us, it's the flexibility that makes DVC great- we can go at different times, in different rooms, even at different resorts. We can bank or borrow. At no point are we really tied down. Fixed weeks, while not completely negating that, definitely work against it.