Cost per point question

[chaoscent]

I am taking a friend and her family to AK DVC next December. I originally quoted her $10 a point when the points were going fro around $8 to $12. Now I am seeing points go for $8 to $11. I am wondering if I am over charging her by quoting $10 a point. I figured I could wait until next Nov and see what people were selling their points for and if the price was still low I could lower her cost at that time. I hate to do that now and find the points go back up to $12? Since I am borrowing points so we can all go together, I want to be fair to both of us? I have never borrowed and rented only once (from Doc). Thanks in advance for any opinions. Penny

 

[ssawka]

Personally if it were me and I was bringing a close friend, I'd probably charge them the lowest per point price (or less). So I would have said $8. The $8 per point should easily cover MFs for those points along with giving you a little extra for your troubles. IMHO, if this person is truly a friend and you want to spend your vacation with them, I would not be looking to make a profit from them.

 

[MinnieLee]

Personally if it were me and I was bringing a close friend, I'd probably charge them the lowest per point price (or less). So I would have said $8. The $8 per point should easily cover MFs for those points along with giving you a little extra for your troubles. IMHO, if this person is truly a friend and you want to spend your vacation with them, I would not be looking to make a profit from them.

I agree with all you posted. I would not look at it as if the points go up to $12 and you charged them $10 but being able to share your vacations. If they are good friends, the time you spend with them at WDW would be priceless and something you all would remember. We have gone with good friends and family a number of times on our points and they are always appreciative and still talk about it. They have even picked up a dinner bill while at WDW or bought us a gift as a thank you. It all evens out.

 

[pistonfan32]

We have friends going with us in a couple of weeks. We decided to not charge them anything for sharing our villa with us. We only needed a studio but are now getting a 2BR because they are vacationing with us. But my 7 year old son now has a friend with him and we have friends with us too. I am sure they will pick something up to show their appreciation. Of course, everyone may not be abel to afford this but it is something we like to do with close friends.

 

[Deb & Bill]

We've never charged friends or family that went with us on our trips. But we never borrowed to do the trip, either.

 

[Sandisw]

I would just keep it at the $10.00 you quoted and make a decision closer to the trip.

If I am ever in a position to bring friends along that I feel the need to charge, then it would be only enough to cover the MF's that go along with the extra points I needed to take them.

I have always found that issues of money between friends can become a problem and you must do what you feel comfortable with.

It sounds as though your friend is perfectly fine with the $10.00. If you find that you don't want that much when it comes time to go, then you can always refuse.

We have done that a few times with my DD's friend. She came to the beach and we set out some terms of her costs ahead of time but found when we got there, we were able to cover them. It allowed us to truly make her our guest by basing it on what we could do at the time. We would have loved to make that promise from the beginning but couldn't.

We are now faced with the same situation for next summer and our WDW trip. We might allow one of my DD's friends to come but can only commit to cover certain portions (not airfare and ticket, but food and lodging). Once we decide if we are going to offer, we will sit down with the parents and give them the terms.

Of course, when it comes down to things, if we can cover some of those costs as well, we will but at least if we can't, everyone is on the same page.

 

[DisDaydreamer]

I'm with Sandi. Keep it at $10 for now. If you're in a position to gift away your points and the other family is struggling then help them out. Otherwise, if I were on the receiving side of the points I don't want to feel like I'm being given a gift. You can also include into the decision mix what rack rates are:

http://www.mousesavers.com/dvcresorts2010.html

Hope you all have a wonderful time

 

[chaoscent]

Thanks everyone. Sorry I wasn't clearer in my question. I am not looking to make a profit. I have never rented before and thought that the average cost would cover my costs.
I didn't invite my friends to go down with us. They are planning a trip to take their Daughter and in-laws to the world for their daughter's first trip (she turns 5 this summer). They have been down many times in the past. They wanted to rent a 2 bedroom for 4 days and were asking me for advice on how to do that. I told them I could rent them the points (but it does mean I have to boorow points). We decided to go down at around the same time so we will get to spend a few days together.
Obviously, if I was inviting them as my guests (which I am doing with my in-laws) we would not ask for any money from them. I have taken many friends with me (that have stayed with me) over the past few years and I haven't charged them. The difference is I am helping them plan their trip but they aren't staying with me. I think I will wait till it gets closer to the trip and then charge them a lower rate. If I understand correctly, $8 would cover my costs? That will be helpful in paying the dues for next year. Thanks again everyone. Penny

 

[Sandisw]

Thanks everyone. Sorry I wasn't clearer in my question. I am not looking to make a profit. I have never rented before and thought that the average cost would cover my costs.
I didn't invite my friends to go down with us. They are planning a trip to take their Daughter and in-laws to the world for their daughter's first trip (she turns 5 this summer). They have been down many times in the past. They wanted to rent a 2 bedroom for 4 days and were asking me for advice on how to do that. I told them I could rent them the points (but it does mean I have to boorow points). We decided to go down at around the same time so we will get to spend a few days together.
Obviously, if I was inviting them as my guests (which I am doing with my in-laws) we would not ask for any money from them. I have taken many friends with me (that have stayed with me) over the past few years and I haven't charged them. The difference is I am helping them plan their trip but they aren't staying with me. I think I will wait till it gets closer to the trip and then charge them a lower rate. If I understand correctly, $8 would cover my costs? That will be helpful in paying the dues for next year. Thanks again everyone. Penny

Okay, now it makes more sense!! I did think they were staying in the 2 bedroom with you, more as guests than renters of their own place.


Since this is really a rental situation, I think the $10.00 you have asked for is reasonable.

 

[chaoscent]

Thanks, I realized I wasn't very clear when I reread the question. Thanks for your advice. Penny

 

[ssawka]

Well that does change things!! Sorry, I was so quick to make the wrong assumption. Still, I would probably err to the low end for a friend, but since you two already agreed upon $10/point, I'd just leave it at that.