How do dvc points work?

[missdorado26]

I've done research and Googled many times how they work but not sure if I'm understanding it right. This is my scenerio:
I don't have a DVC. Can I still "rent" points?
If so, how do I go about it and how do I know I'm not going to get ripped off?
Are the savings really that good? .......(edited to remove detail)....... with a pin I received from Disney my hotel alone would be $1211 for 7days/6 night.
Could in find a better deal renting points?

 

[superdiz]

I don't have a DVC. Can I still "rent" points? Yes

If so, how do I go about it and how do I know I'm not going to get ripped off?
I have rented from several people that I found on this board. You look for someone on the Rent/Trade boards that is renting and message them with what you are looking for. It's based on trust. Even if you had a rental agreement, unless it's notorized by a lawyer, anyone can pull out and leave you standing at check in high and dry. I also have checked all of my renters through the Orlando Comptroller's office.

Are the savings really that good? You are staying at a deluxe resort for a fraction of the cost. Yes.

........................................ with a pin I received from Disney my hotel alone would be $1211 for 7days/6 night.
Could in find a better deal renting points?

OK say you rent for $13pp. Take Animal Kingdom Lodge as example, and a standard view studio is 95 points per week which = $1,235. I personally would rather stay at AKL vs CBR. So really it's all in where you want to stay. A studio only has a queen bed and a pullout couch vs. two double beds. You also don't get room service daily at DVC. So if you're slobs, CBR may be a better option

HTH!

 

[lovesdumbo]

You have to price it out. Last Aug I was able to book a 1BR at AKV-Kidani with a bounce back (likely about the same as your pin) for less than the equivalent of $13 per point. That got my peace of mind, could have canceled up to 5 days out, and paid all but 1night deposit at check in. Oh and daily housekeeping-which I don't necessarily need but nice to get clean towels if you get a studio without washer/dryer.

 

[missdorado26]

Wow that's awesome. I would love love love to stay at the Grand floridian but with prices at 600+ a night that's Def not happening. Where do you find out the info as to what the points would be for certain times?

 

[Deb & Bill]

Wow that's awesome. I would love love love to stay at the Grand floridian but with prices at 600+ a night that's Def not happening. Where do you find out the info as to what the points would be for certain times?

At the top of the page, right under the Timeshare Store logo is a DVC Points chart link. Click on that.

The other issue is availability. Most members book seven to eleven months out, so anything less might not have anything available. And usually there are no refunds, no changes if you can't go or need to change your dates.

 

[heynowirv]

Just go to the top of these boards and click on DVC point chart, it will tell you what every resort in WDW costs points wise.

 

[Kidanifan08]

One of the board sponsors is David's DVC rentals. For a low risk rental experience, check it out at www.dvcbyrequest.com.

 

[superdiz]

Risks:

Not being able to cancel and change reservation
Losing $ if you have to cancel
Not knowing if the renter is going to keep their end of the deal
Housekeeping only once/trip
Studio - only 1 queen bed and a pullout sofa
1 BR - only 1 king bed and a pullout sofa


Rewards:
Deluxe resort for fraction of the cost
Kitchenette or Kitchen
Space for little kids to go back to the room and play or nap
Being able to put the kids to bed and stay up to watch a show

You really need to figure out what works for you and your family!

 

[carlbarry]

It's based on trust. Even if you had a rental agreement, unless it's notorized by a lawyer, anyone can pull out and leave you standing at check in high and dry.

As a lawyer, I assure you that a signed agreement is binding whether or not it is Notarized. Also, only a Notary can Notarize a document. A lawyer is not automatically a Notary unless he has also filed for that position with his licensing state.

 

[vicki_c]

The real point is, notarized by a notary or not, anyone can still pull out with little ramification because taking legal action would generally cost more than the agreement is worth.

 

[superdiz]

I didn't know that - good to know.

 

[Sandisw]

Yes, anyone can rent a reservation from a DVC owner who is willing to book one using the points.

There are definitely pros and cons and one must be willing to give up control of the reservation and be comfortable with a much stricter policy in terms of payment and cancellation than when booking with Disney.

I think the biggest thing to remember is that you are dealing with an individual and NOT Disney. The owner is the one who owns the reservation and has simply put you on as a guest. That means they retain all rights to it until you check in.

For the most part, you can save money and for many, it works out just fine. Look up points charts to have an idea of how many points it would take to book what you want--assume an average $11 - $13 cost per point and compare that to what you can book through Disney. Then you can decide if there is saving and if the savings is worth the restrictions.

As already mentioned, depending on when you are looking and the resort, availability will be key and you really won't know that until you make contact with someone who wants to rent out reservations with their points.

You will pay more with a middle man like David's, but at least there is an extra incentive in terms of the owner being on the up and up since they only get 1/2 the rental fee until the guest checks in...so the likely hood of them doing something they should not is a lot lower.

Good luck!