dvc point question on renting.

[trainboyjon]

Hey there all. in feb '11 i decided to make the plunge and buy into DVC.. for a guy who went 3 times a year, it pains me to say that this november will be my first trip since. So using DVC for the first time. I banked my points from last year, and using some on this. I'll have 82 pts to use by 8/31 this year. not sure if i'll get down or not to use these. yea, i could bank them again for next, but was thinking of the idea of "renting" these points.

Guess my question is how does the renting process really work, and whats a good going rate per point for something like this. I was reading a bit and was getting just a bit confused on the process, so i figured i'd ask some who have done this either on the buyer or renter side of the process. any information would help..

Would like to use the points, but if i can make a bit of money off of something i may not, then it's all good.. help pay it off a bit quicker that way.. lol..

 

[vicki_c]

What is your use year? September I'm guessing since you said you had points to use by 8/31? Those points cannot be banked now if they are 2011 points. The banking window closed in April.

If that is the case and it's now 8/29, I can't see you renting them to anyone.

Edited to correct my error on the year.

 

[BirdsOfPreyDave]

Are you talking about points that expire this Friday? As the previous poster indicated, I'm afraid they're most certainly lost if this is the case. You're past your banking window so you can't bank them. Any rooms that would have been available on points have long since been transferred over to CRO for cash use, so you probably can't book anything at the DVC collection. The rule of four would prevent you from using them for Disney, Adventure, or Concierge collections, and unless you had other points you wanted to use from another use year, 81 points isn't enough to bank a week in RCI.

So for your sake I'm going to hope you meant your September 2012 use year when you said you had "82 pts to use by 8/31 this year."

One other clarification. You also say, "...I could bank them again..." If, by this, you mean that you'll bank extra points this year like you did last year, that's fine. But I want to make sure you understand that previously banked points cannot be banked again. If you banked 2011 use year points into your 2012 use year, they need to be used by 8/31/13 or they'll be forfeited. They can't be carried forward further into your 2014 use year.

Ok, so all that aside, the answer to your actual question -- how do you rent points -- can be found on the sticky at the top of the rent/trade board.

You may also want to consider using a broker like David's or the Timeshare Store to rent your points for you. Check out the rent/trade board stickies and the ads at the top of the DVC forums.

 

[RobDoc]

Even if you are well beyond your banking deadline, I would call MS and plead ignorance and see if they will allow you still bank points from your 2011 Use Year. MS has been known to allow a once-in-a-lifetime banking exception in cases like this.

If this fits your needs, it might be worth looking into.

Otherwise, I'd suggest going to the DVC Rent/Trade Board to see if you could rent them - either on the board (after reviewing the **How to use this Board** thread near the top) or by contacting www.DVCrequest.com to see if they can assist.

Good luck!