How Dis-appointing

[ATCMickey]

Just so you all know. If you charge $10 pp it's not worth it for a non dvc member to rent considering all the hoops you have to go through and the risks involved AND you don't get the daily housekeeping service for a savings of under $300?

I think Disney is making it more reasonable for the non dvc member to book through the Disney Corp??? That doesn't seem fair to the dvc owner who needs to rent their points or loose them? God forbid the DVC member be able to rent their points out if they need to?

eculmone,

Your statement begs the question...are you comparing apples to apples? If you are comparing a studio at BCV with a room at All Star Sports, then obviously not. I've price compared a DVC studio at BCV to a standard room at Yacht or Beach Club. If you rent at $10 per point at a DVC studio you're getting a steal over a standard Beach Club room.

If you're comparing a rack rental of a 1 bdrm OKW unit through Disney Corp versus a 1 bdrm OKW unit at $10 per point from an owner, you're still getting a steal. There are no comparable units in the Disney Corp non-DVC inventory to DVC's 1, 2, or 3 bedroom villas. The only exception may be limited discounts being given to non-owners to stay at SSR in order to boost sales...but that will be a limited occurence. So are you comparing apples to apples?

ATCMickey

 

[meuseman]

I think the OP might be renting points to stay at a non dvc resort on point, and that is where the lack of money savings is occuring. If you rent points at 10 per to stay at the Poly for 35 pts per night, then yeah, you are not saving any money. But that is not what renting points should be used for.

 

[JudyS]

I think the OP might be renting points to stay at a non dvc resort on point, and that is where the lack of money savings is occuring. If you rent points at 10 per to stay at the Poly for 35 pts per night, then yeah, you are not saving any money. But that is not what renting points should be used for.

I was wondering that myself, actually. Yes, renting points for a non-DVC resort would almost certainly be a bad deal.


As for renting at $10 -- I think it often doesn't even cover DVC members' expenses. Annual dues run about $4.50 a point. If you bought at $80 a point, financing at 10%, you are paying about $8.50 (or a bit more) per point on your loan each year. That makes $13 a point.

I really think the price should be higher than $10 a point, but that seems to be the norm right now. I've tried renting BWV points, 11 months out, at $11 and had no takers. As for DVC members getting together and setting a higher price, that's illegal price-fixing.

 

[NeverlandClub23]

I was looking at points I would need for renting the second week of December and I noticed on Saturday the 10th it's 60 points while the rest of the week is 30-35 points per day for a two bedroom villa at WL. $600 for one night? (if you got points at $10 pp). We ended up needing 212 points which would've been $2120 for the week and we ended up getting a Courtyard view room at WL for $1250 (including taxes) for six nights. I guess it's to your advantage if you bring more than four people or if you're spending more time in your room, but I haven't figured out how some people get such great deals.

 

[bavaria]

I was looking at points I would need for renting the second week of December and I noticed on Saturday the 10th it's 60 points while the rest of the week is 30-35 points per day for a two bedroom villa at WL. $600 for one night? (if you got points at $10 pp). We ended up needing 212 points which would've been $2120 for the week and we ended up getting a Courtyard view room at WL for $1250 (including taxes) for six nights. I guess it's to your advantage if you bring more than four people or if you're spending more time in your room, but I haven't figured out how some people get such great deals.

$80/night inclusive of taxes is a great deal for a studio at OKW. It's when the comparison is made between the cost of a guest room vs DVC accomodation that people seem to get confused; or when they look at renting points for a non-DVC resort ie a room at POFQ etc.

Having said that, everyone has to decide what is right for them. Owning DVC was once not the best choice for me, but it is now, and that's why I chose to buy.

Those that don't like the DVC rental rates are not obligated to rent, but I do wonder sometimes why they are so vocal about how we choose to use our points that we paid for...

 

[mamatojon]

I was looking at points I would need for renting the second week of December and I noticed on Saturday the 10th it's 60 points while the rest of the week is 30-35 points per day for a two bedroom villa at WL. $600 for one night? (if you got points at $10 pp). We ended up needing 212 points which would've been $2120 for the week and we ended up getting a Courtyard view room at WL for $1250 (including taxes) for six nights. I guess it's to your advantage if you bring more than four people or if you're spending more time in your room, but I haven't figured out how some people get such great deals.

I think this is exactly it in your case. If, for example, you were wanting to bring 5-8 people then your choices would be to get two WL rooms for a total cost of $2500 as compared with the $2120 a two bedroom villa would cost you. You would trade housekeeping for a complete "apartment" (I think the 2BRs are around 1400 sq ft) with a kitchen, living room, and washer/dryer. Now - some people don't want all of that and would prefer housekeeping and hotel rooms - more power to them! To those people the $380 savings of a 2BR versus 2 rooms isn't enough to give up housekeeping.

Now if your party is only 4 people and the only reason you are looking at a 2BR villa is to get two regular beds and have no one sleep on the sofa bed then I completely agree that in that case a standard deluxe room is definitely cheaper than renting points for a 2BR.

 

[ClarabelleCow]

I was looking at points I would need for renting the second week of December and I noticed on Saturday the 10th it's 60 points while the rest of the week is 30-35 points per day for a two bedroom villa at WL. $600 for one night? (if you got points at $10 pp). We ended up needing 212 points which would've been $2120 for the week and we ended up getting a Courtyard view room at WL for $1250 (including taxes) for six nights. I guess it's to your advantage if you bring more than four people or if you're spending more time in your room, but I haven't figured out how some people get such great deals.

Maybe I am just not understanding something, you are staying in a hotel room for $1250.00 and comparing it to a 2 bedroom villa??? Maybe if you compared the Studio to the WL room, 82 points for the studio, you would be paying $820.00 to rent instead of $1250.00, a $430.00 savings.

 

[MinnieGirl33]

It's not a "ROOM"! It's an experience! It's our Home Away from Home!

EXACTLY!

Precisely the reason we, like many others, would never rent out our points.

 

[jade1]

Maybe I am just not understanding something, you are staying in a hotel room for $1250.00 and comparing it to a 2 bedroom villa??? Maybe if you compared the Studio to the WL room, 82 points for the studio, you would be paying $820.00 to rent instead of $1250.00, a $430.00 savings.

I know, its amazing what some people think. Could of had $430 in your pocket for a better room, luckily they didn't fall for that scam. Do they have any idea what a 2BR is like, 4 times the room, full kitchen, washer/dryer, whirlpool-many folks split these and then the cost each is $1060 including tax for way more room and all the amenities. Plus yes $600 a night, I think rack rate is closer to $900 a night all week, they could have had it for $350.

 

[doubletrouble_vb]

I was looking at points I would need for renting the second week of December and I noticed on Saturday the 10th it's 60 points while the rest of the week is 30-35 points per day for a two bedroom villa at WL. $600 for one night? (if you got points at $10 pp). We ended up needing 212 points which would've been $2120 for the week and we ended up getting a Courtyard view room at WL for $1250 (including taxes) for six nights. I guess it's to your advantage if you bring more than four people or if you're spending more time in your room, but I haven't figured out how some people get such great deals.

As someone else pointed out a VWL studio (which would be the proper comparison point against a WL room would be $820. But another option would have been an OKW studio which would have run just $600 AND you get two queen beds.

I do have to admit that with the enhancements Disney has added to the hotel rooms that the advantages of a studio over a standard hotel room have diminished to the microwave and the sleeper sofa. But for me those are big advantages.

PS. Not in the case of Neverland but in the case of anyone else...you could spend some of your savings on a rental for extra Trash and Tidies... A T&T is pretty close to what you get with regular hotel housekeeping in a standard hotel room anyway.

 

[mrslur]

Me too. You can rent a week in a standard view BWV Studio for $850 (including tax) meaning about $109 a night plus tax. Puts you in a Deluxe hotel with a mini kitchen right in the middle of WDW to walk to 2 parks and enjoy the Boardwalk as well. How can this be a bad deal when it probably is $2500 for a week in regular hotel room at the BW Inn next door?

We did just this last week. We only travel to WDW on the rare occasion (last trip was '96). It was less to rent points at BWV than it was to book a moderate. Not sure how the OP figured only saving $300.

 

[eculmone]

Hate to tell you but that won't happen! Many posts I have read over on the DVC board feel the $10 a point is too low and makes it way too easy for people to rent points and enjoy the DVC resorts without the cost and commitment owners pay. I would never rent points to anybody but family because that is way too low in my book.

But that was my point in the first place... I wouldn't pay $10 per point anymore since it's just not worth it as Disney has made booking with them equivalent to someone booking at $10 per point? So for all the nervousness and trust you just may not get $10 per point??? (which was one of my selling features/angles for trying to convince dh. I told him if we couldn't use our points one year we could rent them out?) Anyhow, like you said and I've heard from friends who r dvc'rs, they have NEVER rented out their points and feel it's the best investment they ever made. Once I can wrap my dh's head around the fact that I'm a Disney Freak through and through we just may join all the lucky one's who have points. I'm getting up there in years so I may snag a resale if we're lucky. I think though in the long run it's a win/win for disney no matter how they look at it, they have us in their grip.

 

[jade1]

We did just this last week. We only travel to WDW on the rare occasion (last trip was '96). It was less to rent points at BWV than it was to book a moderate. Not sure how the OP figured only saving $300.

Nice job. How was the trip and the overall value for $850?

 

[Dean]

I am a repeat Disney vacationer. I've signed up for every little thing to get on "the list" for specials etc. I've rented DVC points and would be a member by now had DH not put the brakes on...

Anyhow, I'm planning visit number 8 and am pricing out staying at resort vs. renting points from DVC member. Just so you all know. If you charge $10 pp it's not worth it for a non dvc member to rent considering all the hoops you have to go through and the risks involved AND you don't get the daily housekeeping service for a savings of under $300?

I think Disney is making it more reasonable for the non dvc member to book through the Disney Corp??? That doesn't seem fair to the dvc owner who needs to rent their points or loose them? God forbid the DVC member be able to rent their points out if they need to?

Just MHO.
PS I'm still a Disney Freak, just a bit disappointed in "Big Brother"

Give us exactly what you are comparing to in terms of DVC rental room type, CRO room type and days of the week. In general 7 day can be hit or miss depending on season and discounts. Sunday to Friday is always cheaper through DVC for anything remotely comparable. And don't forget about the tax, quite a chunk of change. I doubt you are comparing a DVC room through CRO vs points rental. If you're comparing a DVC studio points rental vs a discounted moderate, even at "break even" it's a slam dunk for DVC. But I do agree there is a certain amount of trust and unless you knew the person or had other reason to be particularly trustful of the renter, you might opt out without a decent savings. And while $300 might not be much of a savings on a 2 BR for a week or so, it's a dramatic savings on a studio room.

 

[poohj80]

But that was my point in the first place... I wouldn't pay $10 per point anymore since it's just not worth it as Disney has made booking with them equivalent to someone booking at $10 per point.

Can you please tell us what type of room CRO has available for the equivalent price of $10/pt? I have never seen a DVC room offered through CRO for such a low cost. I think you're comparing apples and oranges.

 

[eculmone]

We did just this last week. We only travel to WDW on the rare occasion (last trip was '96). It was less to rent points at BWV than it was to book a moderate. Not sure how the OP figured only saving $300.

Magic season at VWL = 166 points for 8 nights 9 days plus at $10= $1660 plus tickets with hopper option 7 days(a must for us)=$664 plus us exchange as I am a proud Canuck total US$ not including airfare, food, car etc. $3,023.75 VS just booking the package at Disney?$3,327.33 My printed quote off of Disney.go.com That's just rack rates. That's how I figured my $300 savings if I rent? - but then as I said for $300 more I'm getting the opportunity to cancel 48 hours if need be, cleaning every day and in the lodge. At VWL I'd have the microwave and sleeper sofa as my bonus and then there's the trust issue and what about unforseen emergency and having to cancel? God forbid of course <knock on wood> SEE MY DILEMMA? That's why I posted my "dis-appointment" with Disney. Dang if I do, Dang if I don't. I guess $300 savings is a savings no matter how you look at it, but last year I saved over $1,000 by renting as opposed to going through Disney. I just thought/hoped there was a way to do Disney "affordably", but no matter how you slice it, it's not cheap.

Have a Magical Day ya'll.
Liz

 

[eculmone]

OMG I'M SOOOOOOOOOOOO SORRY, I JUST REALIZED THE QUOTE FROM DISNEY IS IN US FUNDS, MY FIGURING OF RENTING WAS IN CANADIAN FUNDS. SO MY SAVINGS WOULD BE BY ADDING 25% MORE ON TOP OF THE US DISNEY QUOTE TO FIGURE IT ON A LEVEL PLAYING FIELD.

...NEVER MIND <blushing> Hee hee. OK, I feel better. What a knucklehead...

 

[poohj80]

Thanks for clearing that up! I was going to ask if the WDW quote was in US dollars. Also remember, points for weekend nights are always higher which is why DVCers often check out on Fridays or pay cash for weekend nights.

 

[Johnnie Fedora]

As for DVC members getting together and setting a higher price, that's illegal price-fixing.

This price-fixing thing always comes up in these threads, and I don't get it??Even if a group of DVCers were able to get together and set a price ($13 range), it would still be well below the market value of the room established by Disney. I doubt that would be considered price-fixing.

 

[DizWacko]

This price-fixing thing always comes up in these threads, and I don't get it??Even if a group of DVCers were able to get together and set a price ($13 range), it would still be well below the market value of the room established by Disney. I doubt that would be considered price-fixing.

Even if it were OK to do, I dont think it would matter. Supply and demand people.... if the market were really demanding DVC point rentals beyond the amount available .. the price would go up all by its itty bitty self...