$8.40+$4.11=$12.51

[BarbR-Atlanta]

Having been a DVC owner for almost 6 years, I "admire" the people who HAVE points to rent. What discipline you all have!! We are always borrowing ahead, to get our yearly Disney fix! My kids are teenagers, and they still ask, "When are we going back to Disney World?"

Investment or not, Still one of the best "buys" my family has ever made!

 

[MelissathePooh]

It doesn't even really matter what the points are "worth" it matters what people are willing to pay - when wilderness lodge hotel rooms are going for $109-$129 through CRO people are going to go with that. Anything is only "worth" what someone is willing to pay for it, not what you have in it. If you bought a gallon of milk for 1.99 and kept it for a month, it won't be worth 1.99 anymore because nobody will give you that for it.

 

[golfnut1264]

if your points are only worth 50 cents ..i would bbe willing to triple your money and rent them for $1.50...

 

[wdwstar]

NOT TO CHANGE THE SUBJECT, but check out this thread :
http://disboards.com/showthread.php?threadid=451850

how a little complaining got this person a upgrade to a grandvilla. when their are some dvc memebers are trying to book grandvillas and cant get them. do you think someone is upset that they cant book that grandvilla to sell on ebay



i cant believe a grandvilla was available and not booked on points , unless a dvc memeber got bumped, did anyone get bumped in march from a grandvilla?

 

[dvcgirl]

Well, I honestly don't see why it bothers people so much that there are DVCers out there who rent out their points.

We bought 250 BWV points back in 99' and thought we'd use all of our points every year. Well, we have found that a studio is all we really need. We go to Disney every year for about a week...sometimes only 5-6 days and we always travel during Adventure/Choice season when you get more for your points and crowds are low.

As a result we have over 160 points a year left that we just don't need. A few years back we started to rent those points to extended family and friends. It's worked out wonderfully for everyone involved. We charge in the $8-10 range and are able to cover our dues for the years plus some left over for a park hopper or two. They get an *incredible* deal on great Disney accomodations. We rented a whole bunch of points to neighbors for a trip they are taking next year. They were able to save $1,000 off the rack rate. Obviously, they were elated.

I also rented once on these boards to another DVC member who needed extra points for a little under $8 a point. That also worked out great for both parties.

That was only time that I advertised points that I had for rent. The other times we've heard that someone is planning a trip to Disney and then if we had points we'd mention our DVC points as an option.

I can see why Disney wouldn't like this practice as it loses revenue on hotel rooms. However, I don't really see a way for them to put a stop to it other than only allowing members to use their points. And they'll never do that.

I still can't see why it bothers so many DVCers other than the emotional attachment some folks have when it comes to all things Disney. Don't get me wrong, I *love* Disney World and have unloaded a small fortune there over the years. I've seen many threads about "what do you charge your family members when they join you in your villa". Some say that they would never charge friends or family while others seem to charge anything from "groceries and a couple of meals" to "cost of dues per point". How is that any different? IMHO, it's really no one else's business what another DVC member does with her points. It's a very personal decision.

 

[RweTHEREyet]

I have no problem with people renting points to others. What I do resent is people booking reservations during prime times, holidays, cheaper point times, etc., when rooms are hard to get and then posting them for rent so that they can make a profit.

If someone wants to rent points and then check for available dates, that is a different story.

Just my opinion, but it does anger me when I see the posts that state they have a room availble for Thanksgiving or Christmas week for xxx amount of dollars. I can imagine that there are instances where plans fall thru and it is too late to do anything with the points, but I would think those instances would be the exception and not the norm.

 

[DisneyKidds]

I have no problem with renting, most people want to use their points for DVC resorts, but I see renting as a way to enjoy other vacation options w/o getting point gouged by Disney.

Another in the no problem with renting camp here. Hey, if nuthut isn't violating the contract in any way I guess I have no problem with what he is doing either. People buy points. People use those points to make reservations. People are free to do whatever they wish with those reservations so long as it is in accordance with the contract.

I used to look at renting as a way for me to dispense of some excess points we have had over the past few years. The 2004 requirements for the Disney Collection have me thinking of another way to use my points. We have a trip planned to DLP next July. I was willing to shell out 62 points per night for the Disneyland Hotel. Now they are up to 84 points a night . Looks like I may very well rent out the 124 points I was prepared to use and that cash will more than likely cover my two nights. So I agree that renting does give you a way to avoid being point gouged by DVC. I can most likely spend the two nights we want at DLP and save 44 points in the process by applying a little elbow grease to the renting process. I'd rather it not come to that, but it gets back to my point that we all work within the system to make the points we buy work the hardest for us.

I do believe that those points when rented will only work at what the market will bear. If I wanted to rent at $11 or $12 a point I'd most likely have a hard time making it work no matter how many nuthuts are out there. Likelwise, I'd be foolish to let my points go for much less than the current market driven $10.

 

[dvcgirl]

That's a good point too Disneykidds....that the DVC does price gouge us when it comes to staying in non DVC Disney resorts. Same thing with using points for DCL. Many times you are way better off renting your points and using the cash to crusie. Renting points is good way to gain back some leverage there.

I also have no problems with the NutHuts of the world. Even for those booking units during prime time and then renting them...it doesn't bother me. We all have the same shot when it comes to making ressies. We all have that four month advantage at our home resort. What he does with his points is his business.

 

[nuthut]

Just what all of you DVC owners to know that you do not have to give away your points at $10 each. I have rented all my extra points for last year, this year and next year at $12.50 each. Also, rented more than 3500 extra points for seven other DVC owners this year at $12.50 each and never charged them a dime to do handle it. I have not advertised any times on eBay since last year because I have none available to rent. The repeat renter business has been very good. It really makes no difference to me what $$ you rent at as I do not use these board to find possible renters. These boards are a great place to find other DVC member and make new friends and find out info about Disney events, etc. Renters do need to understand the difference in point values where comparing a prime season confirmed reservation vs expiring points or points with restrictions place on them. Have a great day and if you are at the BWV or BCV next week say Hello!!!

 

[golfnut1264]

I agree with you 100%....i never sold or rented points on these boards..i use ebay...i only sell a few vacations a year...i have never not been unsucessful on ebay selling the vacation...i was getting $800 for sun thru thurs stays certain times of the year...it has cost as low as 55 points and high as 70 points..averages out to about $13 a point....i would never sell for only $10 point...it is not a buisness just offset some of my costs...i have 400 points..i like to use 200 and sell 200...i have told people to come to these boards to rent points because they can get a better deal than from me...

 

[princetonnj]

never not been unsucessful


Wow is that a triple negative?

 

[golfnut1264]

what are you a friggin english teacher...my point was made

 

[DSNY FN]

Hey Nuthut Darren here thanks again for the rental in 01 it was much appreciated while we were waiting for our contract to close. We ended up selling our VWL contract and getting one at HHI it was way cheaper in the long run and you are right about e bay man people love to bid on vacations when they are posted and you also get alot of e mails from peole asking about seperate deals for other times of the year. I wish I had a few hundred extra points mind you we usually don't have any left over after we go for 2 weeks.

 

[disneycrazed139]

<i>Originally posted by Johnnie Fedora</i>

The fair rental price has to be determined for the type of accomodations/time of year/and if there are other available discounts. From what I've seen on the resorts board, most bargain hunters are thrilled when they get 20-40% off rack rate. Why should you you as a member give a larger discount on your points (unless they are distressed)??

This seems like common sense to me, but I think I am likely missing something...that is HOW exactly the renting of points at any rate that is not a total giveaway is infringing on DVCers rights and the whole program?

<i>originally posted by Richyams</i>

These things done regularly and as a business really do hurt members in many ways.

So maybe Richyams or someone else can elaborate on this for me and tell me the many ways that the practice hurts members? I am really very interested in knowing. Maybe if I understand, I'll jump on the bandwagon. If Nuthut and others that are like-minded own a disporportionate amount of points that are being rented at prime seasons and if it is known undoubtedly that this compromises our ability to make reservations during the same time, I could see the possible conflict. It just doesn't seem like this is such a large practice though--enough to make it so people aren't getting their reservations? Even if it were the case, I am not sure that the person who pays the premium price is any less entitled to the accomodations. If there are other cons to this practice, I would like to know what they are.

 

[Richyams]

Hoarding the hardest to get reservations with no intention of using them for anything except top dollar on Ebay.

You don't consider that a detriment?

Renting/auctioning only weekdays.

This throws the usage off and will make it more likely for Disney to even out the weekday-weekend thing. It also contributes to higher weekend vacancy, this increases all of our dues.

Do you need more?

 

[dvcgirl]

disneycrazed, I can't see how it hurts members either. If NutHut uses his extra points to book units during peak season and then rents them for 12.50 a point....so what? That's less points that he has to use or rent at other times during the year. Same way it is for all of us. Is he keeping someone else from getting a villa over christmas, easter, july 4th or christmas....maybe. But so are thousands of other members.

Some DVC members use their points exclusively for Easter or Christmas breaks because the kids are out of school. And so year after year they man the phones the minute they hit that 11 month window and book their DVC stay day by day. Are they also selfish? I don't think so. No different than what NutHut or some DVCers who rent might do.

I think that DVCers against renting have this idea that the DVC is some kind of exclusive club and that we all need to look out for one another. It's just a pre-paid vacation club and nothing more. Anyone who has the cash or can pass the lax credit requirements can buy their way in. And the next time you stay at any DVC resort..do you think that you can tell the difference between a renter/friend/family member or a real member? Do you think that members treat the accomodations more respectfully than renters through Disney or DVCers do? Before you were a DVCer and "rented" a room from Diseny, were you more likely to trash the rooms and wreak havoc on all the common areas? I don't think that the argument has any merit.

 

[dvcgirl]

Richhyams....

How many DVCers throw off the useage balance by only booking Sun-Thurs stays then? Many DVCers will do the classic 12 day vacation instead of the 14 to avoid that additional expensive Friday and Saturday stay. How many posts have you seen where DVCers actually check out of DVC resorts and move over to All Stars or another resort to save points? The amount of DVCers renting points in that fashion is miniscule compared to the DVCers who do that on a regular basis.

 

[cmehling]

Richyams - how does this increase our dues - I don't see the connection.

Also, if DVC was running into a problem with weekday availability vs. weekend availability, they would just restructure the point charts - something they haven't done - which suggests there really isn't a problem.

Now, I personally don't rent my points, but if I did, I surely would rather get $13 dollars a point vs $10.

Regarding the people who are renting points, I'm sure if you did the math, you would find that it is a very, very small fraction of the total number of points at a given resort. Hardly enough to actually effect the reservation balance at the resort.

On another note...
Does anyone out there know how many points were sold at BCV. Now, take the number and multiply it by (let's pick $75 as the average point cost) to Disney. Now look at the number and decide who is really gouging here...

If you wanted to BUY one of those 2 BR units, what would it have cost you...at DVC prices... shocking huh?

 

[disneycrazed139]

<i>Originally posted by Richymas</i>

Hoarding the hardest to get reservations with no intention of using them for anything except top dollar on Ebay.

You don't consider that a detriment?

I agree "hoarding" sounds really detrimental. If it were in fact the case that any particular person or group was hoarding these reservations. Is it true? In any case, every desireable reservation will be assigned to <b>someone</b>, so wherever there is 1 rerervation assigned, there will be a disappointment to someone else. This isn't specific to Nuthut or those like-minded.

Regardless, it seems that the moral implications of their actions are the real underpinnings of the thread. That's less of a detriment to me and more of an ethical issue/IMHO a much more complicated debate too.

<i>originally posted by Richymas</i>

Renting/auctioning only weekdays.

This throws the usage off and will make it more likely for Disney to even out the weekday-weekend thing. It also contributes to higher weekend vacancy, this increases all of our dues.

If this is true, there's the possibility that I will be guilty of contributing to the problem since I may attempt to use my points frugally. However, I'm still not clear on how members/renters/ or cash-paying guests have anything to do with the weekday-weekend thing--not on the whole anyway. It seems it's just Disney's way of making more money and knowing that they could control a lot of usage this way. I think we have a lot less power here. Many people aren't in a position, unfortunately, to try and change this profitable tactic.

 

[Dean]

Rich, I"m afraid one must sort out what hurts members from renting, these are two separate issues and not at all related to each other. Any M-F stay has the potential to enticing DVC to restructure the points. Any prime season reservation affects others ability to secure same. Members are just as likely to stay non weekdays, actually far more like in terms of shere numbers. Any reservation you make affects other members ability, plain and simple.

The reality is that we all bought in to a system of points that funcitons this way. The very issues many of us see as positives (mostly flexibility) turn into a negative in these situations. Since you couldn't stop renting legally if if DVC wanted to, which they don't, the fixes would hurt members more than the renters overall.

Things like:

1. Minimim stays of 3-4 days structured so that you'd have to do the entire weekend to get Sunday night.
2. No renting at all once the current resorts are sold out. That mans no points exchange options as DVC wouldn't be able to recoup their costs.
3. Fees to change reservations or change names.
   [/list=1]
   I'm sure there are many more but you get the idea that they would really hurt members more overall than those renting.