question about renting out points

Discussion in 'Purchasing DVC' started by Rock'n Robin, Feb 23, 2003.

  1. Rock'n Robin

    Rock'n Robin Disney Queen

    Joined:
    Jan 20, 2000
    Messages:
    7,811
    Just wondering...say I have 141 2004 VWL points left and 175 2005 VWL points....Feb. use year....can I rent the 2004 points now? Do I wait until Feb. 2004 to rent out the 2005 points? This would be to get cash for a cruise.
    Robin M.
     
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  3. CarolMN

    CarolMN DVC Co-Moderator Moderator

    Joined:
    Aug 18, 1999
    Messages:
    23,827
    You can rent them out for now, assuming there is availability and you are within the booking windows.

    Feb 2003 points are good for stays between 2/1/2003 and 1/31/2004.

    Feb 2004 points are good for stays between 2/1/2004 and 1/31/2005. However, you can borrow 2004 points for stays between 2/1/2003 and 1/31/2004.

    Keep in mind that there is some addtional risk if you borrow points to make a reservation for someone else. Once borrowed, the 2004 points cannot be returned to their original use year (2004). Be sure you have some safeguards built into your rental agreement if the renter has to cancel/back out. If you borow the 2004 points for use in the 2003 use year, and they are not actually used before 1/31/2004, you will lose them.

    Good luck!
     

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