Don't Buy DVC--Rent

[sjdisneywedding]

Um...ricapito never implied that there was any price fixing happening. He was just attempting to define the concept in response to others' comments (theories?) as to whether it is or could happen in the future.

nor did I ever in any way state he said there was price fixing going on. His quote was:

My comment was simply folks getting together here or anywhere and agreeing to charge $10 or whatever might be a bad idea as an early poster announced.

this quote looks like a bit more than someone who is "defining the concept in response to others theories". It seemed more like an opinion to me(which is perfectly fine) and last I checked an opinion didnt fall within the parameters of a theoretical definition.

I simply gave my opinion as to why price fixing is this discussion is out of context. I guess you simply misunderstood my quote.

 

[tjkraz]

I simply gave my opinion as to why price fixing is this discussion is out of context.

Noted and ignored.

 

[sjdisneywedding]

Whoa, slow down and read my post trail. Someone early on posted about setting a price at $10 and I responded. I have never implied it was happening, merely spelling out what I believe to be the elements of the cause of action for all to see and stating my opinion that getting together to set rental prices is likely a bad idea.

I know you didnt imply it is happening now, but your comments could lead one to believe that discussions here could head towards price fixing. I am just saying that under the parameters you set forth above we have nothing to worry about in the way of price fixing

 

[sjdisneywedding]

Noted and ignored.

lol I always knew you were a mature one

 

[vernon]

I'm waiting to see what happens to the rental price if there are no discounts (or only small ones) on rack rates this year. It looks like Disney is in for an increadable year this year and there has been a big increase in the number of Europeans who have already booked for this summer. Disney is sitting in a strong position, stronger than it's been for several years, also because of the 50 year celebration there is a bigger desire for people to go this year. I think we will see a big swing in the balance of power this year. IF that is the case I can see a big rush as people, who've been waiting for discounts that do not appear, realising they can get the rates they are seeking by renting points. The number of DVC points available is relatively small, but because Disney has discounted heavily over recent years, that supply hasn't been taken out of the market. I feel that may happen this year and the nearer we get to May 5th without discounts coming out, the more likely that is.


It's going to be an interesting year I think.

 

[Wish I lived in Fl]

What happens if the price of oil keeps going up with increased demand from China and India? How will that affect travel?
Over 10,000 U.S.Airline pilots are still laid off, over 100,000 other U.S.airline employees are still laid off. Most Airlines are still losing major money.
Will we be repeating the 70's oil crisis or worse?

 

[reesecup]

I actually think points should rent for average of $12 per point vs. the standard $10 as the annual dues continue to rise.

I have been wondering this myself. With the cost going up on points and knowing what it cost to pay the normal rate, I would think owners could start getting a little more for the points they rent. I think this brings up an interesting 'point'. Thanks for posting it.

 

[Judique]

As a member myself, I fully understand and support the desire to uphold the value of our DVC resort accomodations. However, there is another aspect to this that hasn't been discussed yet. What I don't understand is why I can rent HH...through Expedia or Travelocity, on a Friday night in March, a 2 bedroom villa for $250. (This also happens to be the rate that member services quoted me as my "member discounted rate".) This is a room that in March, costs 42 points. Expedia, at $250 for this Friday night, is the equivalent of $6/pt. Am I going use my points (which right now appear to be an extreme waste of points), or worse, rent from a member at $10/pt ($420) when I can rent it through these sites for far less? drQUOTE]

I've got March at HH booked at $250 through Member Services. That is rack rate for the 2 bedroom for that time frame. Also, we tried to book through the Expedia website as well as Travelocity, which were showing availability on nights we could not get through Disney or Member Services, and they were not able to deliver the rooms. I've seen this before - where the travel sites show availability, but then you can't book it. $250 is definitely a savings for the weekend nights, assuming you would rent some points at $10 or higher to cover the cost, but the weekday points are 21....which is a savings over rack, unless you get a discounted rate. I've tried hard to snag that discounted rate for the 2nd half of March, but none came my way. I'm happy to pay the $250 plus tax per night at this point. It's going to be a great trip!

 

[LIFERBABE]

I'm waiting to see what happens to the rental price if there are no discounts (or only small ones) on rack rates this year. It looks like Disney is in for an increadable year this year and there has been a big increase in the number of Europeans who have already booked for this summer. Disney is sitting in a strong position, stronger than it's been for several years, also because of the 50 year celebration there is a bigger desire for people to go this year. I think we will see a big swing in the balance of power this year. IF that is the case I can see a big rush as people, who've been waiting for discounts that do not appear, realising they can get the rates they are seeking by renting points. The number of DVC points available is relatively small, but because Disney has discounted heavily over recent years, that supply hasn't been taken out of the market. I feel that may happen this year and the nearer we get to May 5th without discounts coming out, the more likely that is.

It's going to be an interesting year I think.

ITA!! It is already lining up for the discounts not to come through this summer. There will be a huge rush to rent points and very little availability at DVC resorts. If Universal and Swan and Dolphin know it you think Disney doesnt? People will pay much more than they ever have before in 2005. Why would Disney throw this huge celebration and then give their rooms away? Not gonna happen.

 

[DrBond007]

My advice right now to anyone out there is not to buy DVC but to rent points.

I think this is good advice given the current price of DVC points. If you can rent for $5, that's the way to go, sentimentality aside.

 

[Happy Birthday Cat]

I think this is good advice given the current price of DVC points. If you can rent for $5, that's the way to go, sentimentality aside.

Of course that's a deal but the chances of being able to do that on a continuing basis for all of your trips is zero. In another month, I will be calling for next February. Maybe I won't bother and will wait to see if I can get some of those $5.00 points. I should probably check rinkwide's "shadydeal" address. That's the only place I'll find them.

HBC

 

[JodyTG]

I've been to WDW about 7 times and DH and I are thinking about buying into SSR. That's the only reason that I, personally, would rent points...is to check out the resort, the rooms, laundry facilities, etc. I'd like to really get a feel before I purchase. This is something we're talking about right now for our June 2006 trip.

Regarding the "Don't Buy DVC--Rent", it seems that people always want something for nothing (or as close to it as possible). There's never any guarantee that you can rent the points, just like there's no guarantee that room discounts will be given. In the past, I've always just booked my room at rack rates and if a discount code was released, I had my reservation changed.

From what I've been able to gather about DVC, you buy where you want to stay, book 11 months out...and you have your room. To just put all your hopes for going to WDW in being able to rent points just seems too shaky.

 

[deerh]

As to the OP, I agree, you CAN rent points, but take a chance that the EXACT resort you want is available, the EXACT DATES are available, etc. IF you are "somewhat flexible", then renting is the way to go. IF I ever rent points, I will rent them more than $10/pt, as I have felt they are a worth a LOT more than that!!

Example: BWV, stand view, 2BR, in summer:306pts.
Rack rate: 750x7nts:5250+tax (525)=$5775 ($750/nt)
Renting: $10/pt x 7 nts:$3060 (sav of $2700)

TOO much difference for me,and there will be NO discounts in the summer,
you try to get one, AAA, expedia, hotels.com, there will be NO discounts, so
don't even go there, I tried for past 3 summers for a friend.

Now, all stars, etc, YES, there are discounts but BWV, NO!!!

But, if the OP can get BWV for that above, more power to ya!
DeerH

 

[idratherbeinwdw]

From what I've been able to gather about DVC, you buy where you want to stay, book 11 months out...and you have your room. To just put all your hopes for going to WDW in being able to rent points just seems too shaky.

Absolutely agreed JodyTG! I was a renter (3 times) before I bought into DVC for the exact reasons you mentioned. I go during slow times, and I must admit I was able to get the ressies I wanted all three times--but with a lot of anxiety and worry involved. It took a few days each time to find someone with the resort I wanted and the amount of points I wanted. More than once someone said I could rent from them but backed out a day or two later. Once I wanted to change my dates (of a rented vacation) slightly, and while the renter was able to make the change she wasn't very nice about it, even though it was not going to cause her to lose anything. If I owned back then it would have been a simple phone call with no hard feelings.

I felt the whole process, while worth my while for the savings, caused me a lot of stress. And I have enough stress in my life! Owning at DVC allows me to KNOW that I will get the accomodations I want and the dates I want as long as I plan properly and stay at my home resort. So far I haven't stayed anywhere but at BWV, I do realize that I may NOT get what I want at another DVC resort, but I bought BWV because I love it there, so that doesn't concern me.

Prior to DVC rentals I was a code hunter. This too saves a pile of money over rack rates, but there is no guarantee a code will come out for the time you want, and you can get locked out all together if you forget to check in time. Also a stressful way of booking vacations.

It's so nice to own!

 

[idratherbeinwdw]

Example: BWV, stand view, 2BR, in summer:306pts.
Rack rate: 750x7nts:5250+tax (525)=$5775 ($750/nt)
Renting: $10/pt x 7 nts:$3060 (sav of $2700)

TOO much difference for me,and there will be NO discounts in the summer,
you try to get one, AAA, expedia, hotels.com, there will be NO discounts, so
don't even go there, I tried for past 3 summers for a friend.

Now, all stars, etc, YES, there are discounts but BWV, NO!!!

But, if the OP can get BWV for that above, more power to ya!
DeerH

Respectfully disagree with the blanket statement regarding summer stays of "yes there are discounts, but BWV, NO!!". There are codes on mousesavers.com that come out and can be used by anyone if they book in time. These codes are available to be used at BWV, and, depending on time of year, can be as much as 40% off rack rates (although usually 30% is the highest I've seen available to the general public). There are also codes available to AP holders which give you a discount of up to 40% on rack rates. The codes, both for general public and AP holders have some blackout dates, but the entire summer is not blacked out.

 

[deerh]

Respectfully disagree with the blanket statement regarding summer stays of "yes there are discounts, but BWV, NO!!". There are codes on mousesavers.com that come out and can be used by anyone if they book in time. These codes are available to be used at BWV, and, depending on time of year, can be as much as 40% off rack rates (although usually 30% is the highest I've seen available to the general public). There are also codes available to AP holders which give you a discount of up to 40% on rack rates. The codes, both for general public and AP holders have some blackout dates, but the entire summer is not blacked out.

I guess we will have to agree to disagree on this one. For BWV, there will be NO discounts, check it out, it says DELUXE hotels $199, NOT " home away from home" resorts. This is the AP discounts mentioned. You show me what web site you can get 40% off of "home away from home" resorts. You MIGHT get a little discount with OKW (being so big), but with BCV,WLV,BWV I have not seen them. In addition, to previous posts, with WDW rebounding nicely from post 9/11, and 50 year celebrations, you won't see much discounts around--- expect the usual-Pop century, ASR, etc. Why? Because they are so big. BWV,etc do not need to discount because of DVC members, and very little inventory (4%), for cash. Thats' why there are no discounts in the summer!

DeerH

 

[idratherbeinwdw]

Ok I agree to disagree!

Even though they are not listed on the mousesaver site, using the AP discount code does work for home away from home resorts--Or at least it did when I inquired last (sometime within the last year. If this has changed in the last few months then I stand corrected). Just because BWV is not listed on mousesavers specifically, doesn't mean that there are/were no discounts there. Not every resort is listed, and indeed when I called last year BWV wasn't listed on the site and yet it was available at about 35% off for the dates I wanted. As stated on the site "Other resorts, room types and views are available at varying prices". Maybe our different experiences have something to do with limited availability with the code and the fact that I called on the first day it was announced?

I guess we will have to agree to disagree on this one. For BWV, there will be NO discounts, check it out, it says DELUXE hotels $199, NOT " home away from home" resorts. This is the AP discounts mentioned. You show me what web site you can get 40% off of "home away from home" resorts. You MIGHT get a little discount with OKW (being so big), but with BCV,WLV,BWV I have not seen them. In addition, to previous posts, with WDW rebounding nicely from post 9/11, and 50 year celebrations, you won't see much discounts around--- expect the usual-Pop century, ASR, etc. Why? Because they are so big. BWV,etc do not need to discount because of DVC members, and very little inventory (4%), for cash. Thats' why there are no discounts in the summer!

DeerH

 

[DMDSTPRGIL]

I myself have never ever seen points lower then $9 each. If I could be assured that there were always points for sale at $5 per point price I would agree with U to rent V purchase. But when I want to go to Disney for two weeks the end of February into March,the only way U are going to get that is by owning or having to pay the $10 rental. Now if someone was able to go on short notice or take the chance that something might come up or not,then more power to U. Like most of the other owners I am in for the long haul. I will be going to Disney 5 times this year, when and where I want to go. I'm saving a ton of money by owning DVC resorts. I would never be able to afford to stay at the Boardwalk for the amount of days we do. I book for the March trip 11 months out. There are to many people involved in this trip to take a chance of not getting what we want.The other trips we can work with the dates but still I know a couple of months out.

 

[Sammie]

As to the OP, I agree, you CAN rent points, but take a chance that the EXACT resort you want is available, the EXACT DATES are available, etc. IF you are "somewhat flexible", then renting is the way to go. IF I ever rent points, I will rent them more than $10/pt, as I have felt they are a worth a LOT more than that!!

Example: BWV, stand view, 2BR, in summer:306pts.
Rack rate: 750x7nts:5250+tax (525)=$5775 ($750/nt)
Renting: $10/pt x 7 nts:$3060 (sav of $2700)

TOO much difference for me,and there will be NO discounts in the summer,
you try to get one, AAA, expedia, hotels.com, there will be NO discounts, so
don't even go there, I tried for past 3 summers for a friend.

Now, all stars, etc, YES, there are discounts but BWV, NO!!!

But, if the OP can get BWV for that above, more power to ya!
DeerH

Well certainly Disney does not discount the DVC resorts that much because they don't have to, they are already booked. But discounts are available at other resorts and many times OKW and SSR have them. Almost all the deluxe resorts offer discounts.