eticketplease
DIS Veteran
- Joined
- Aug 24, 2021
- Messages
- 4,804
I think you have lost us all in this discussion since it wasn't even about renting!!You truly have lost me in this whole rental discussion. Not a single person on earth would pay more for a resort they don’t want, lose the home advantage on their desired resort, just in case they might rent the points some day, so they could get $1-$2 more renting.
It was the fact that one can own a higher point resort and you could switch at 7 months to as you put it a "lesser" resort in order to save points and or stretch out a trip but you said why bother to do so.
Not a single person that I have seen in this discussion stated they would pay for a resort that they didn't want let alone pay more for it.
Lets actually start from the beginning of this conversation shall we?
You replied to @juliebee s post about who can book RIV at 7 months starting in February 2042
with
So if you're an owner at GFV or Poly, for example, there is little incentive to trade out. You can't trade out to an Epcot resort for a location switch. You can't swap to a new resort just to try the newness. I don't think many GFV and Poly owners swap out to SSR or OKW, unless it's a question of last minute availability. Sure, could swap to BLT... but why bother trading down to a "lesser" monorail resort?
Which @atthebeachclub responded with
Point differential for one. People might like to stay longer rather than “fancier.” And I like BLT and wouldn’t call it “lesser”, but that’s just me.
Then you replied
Agreed that there is subjectivity, but if a GFV owner thought that BLT was superior, they would have bought BLT.
This is where I jumped in and replied
Most likely yes but there are certainly other factors if you were going to hold the contract such as dues and rentability.
Sure BLT rents well but to your same point most outsiders would prefer to rent VGF than BLT.
With VDH and PVB I'm so glad they are back to adding the 2nd and 3rd bathrooms.
Depending on how many people are going that is a reason we book BLT over VGF.
You then replied to the first sentence with
Dues at GFV are nearly identical to BLT. Nobody would pay $30 more per point to save 9 cents in dues. It would take over 300 years to break even.
And I doubt there is a single buyer ever who said, “I really prefer BLT over GFV, but I think I’ll pay the extra $30 for GFV, and lose 11 month booking for my preferred resort, because if I ever want to rent out my points, it might be slightly easier to rent out my GFV points.”
The second sentence was replied with
Because most people see GFV as superior.
But hold on, if GFV has such great availability within the 7 month window, then there would be no preference to renting GFV points. People could just rent SSR points and use them at GFV at 7 months.
Or, are you suggesting GFV availability is already limited at GFV?! Even though it has unrestricted points?!?!
And if 7 month availability is already so tight, won’t that get even worse, based on your logic?!?
So the problem you predict for Riviera, ALREADY exists for several unrestricted resorts??
This is where I then mentioned replied with an example of how renting VGF is better than renting BLT again nothing mentioned that one should buy a resort that it is not their favorite because it rents better....
Have you met Scrooge McDuck? One more cent is enough for his #1 Dime.
I said there were other factors and dues could be one of them. I certainly never said that was the deciding factor for buying VGF but staying at BLT with those points.
Looking at one of the websites that lists different contracts there is a VGF for $150 and a BLT for $125 for 100 points.
If you base it on that the VGF is $25 more but it nets you 4 additional years of vacations as it expires in 2064 instead of 2060 for BLT.
Now you are really only talking a premium of $6.25 for the flagship resort.
Unlike booking at VGF, one doesn't need the 11 month window to get into a lake view 1 bedroom at BLT that they can switch to at 7 months which would take less points. Using the 100 point contract previously mentioned staying in Season 1 during 9/7/26 - 9/10/26 a BLT Lake/Preferred 1 Bedroom costs 87 points and there are 101 total rooms giving the ability to 7 month pretty good odds. On the other hand VGF Resort/Standard 1 bedroom costs 93 points and since there are only 30 total rooms in that category you would most likely have to book in the owner's priority time frame. Now this example doesn't net the longer stay as @atthebeachclub was mentioning but it does allow one to bank points to the next year and have a second bathroom.
As far as renting goes you can demand more for your points at VGF than you can at BLT. Not only is it the flagship resort but it now has an abundance of studios (VGF - 247 vs BLT - 147) which caters to the rental market. Oh and of course the VGF studios sleep 5 which is a game changer when trying rent.
Yes most people see VGF as superior but it also has to factor in the much larger number of studios that sleep 5.
Never mentioned availability at VGF so not sure what brought this up. My replies were more about people staying longer and not necessarily fancier as @atthebeachclub had mentioned. My response suggested people can and have in the past purchase VGF over BLT for various reasons to stay at BLT and as SAP.
You still need home resort priority if you are trying to book anything in the original building and if you wanted a TP resort studio.
Yes people can and do use SSR points to book any of the O14 resorts and try to rent those out but obviously that will be much harder to grab the dates people want if they don't own there. As a VGF owner I know I can book at Christmas or Easter if I was renting points and someone staying there. If I was a SSR owner I don't know what would be able to rent on a certain date other than at SSR.
Renting points like your example of using SSR for VGF also would not get paid the premium price from DVCrentalstore.com or David's as they would be inside the 7 month window hence why owning VGF would be the better choice.
Feel free to point to where someone has mentioned that it would be ideal to pay more for a resort that they didn't like.