Need Advice on Expiring Points

[RedVines2001]

Hi all. Need a little advice on a dilemma i have with expiring points.

I'm a new owner and goofed. I have a December use year and I borrowed 2019 points into 2018 for an Aulani trip in August that I ultimately cancelled. I didn't realize that I can't bank borrowed points back. Coupled with some 2017 points that I banked into 2018, I now have 126 points that I need to use by November 30th this year. I live in California so making it out to FL or HI would require a long flight and probably won't happen. I plan on making a 4-5 night trip to DL for DD's birthday in May. I'm down to two options.

Should I:

A) Use my points to book the Disney Collection at Paradise Pier for 28 points a night or DLH for 36 points a night?

B) Try to rent them out with Dave's and pay cash for DLH/PP/GC? The cash rates for when i want to go is pretty good. Based on 13.5/14.5 rate on the website I'm hoping for anywhere between 1700-1827 dollars. I just don't know if i'd be able to rent out the points. My home resort is Copper Creek.

I appreciate any input. Thanks in advance.

 

[_auroraborealis_]

Because you would be renting within the 7 month window, home resort is unlikely to matter much. While much of November is still in home resort, availability at CCV is really bad.

I would just use them for DLH or PP, honestly.

 

[RedVines2001]

Because you would be renting within the 7 month window, home resort is unlikely to matter much. While much of November is still in home resort, availability at CCV is really bad.

I would just use them for DLH or PP, honestly.

Thanks for the reply. I just checked availability at Cooper Creek in November and there is nada. I think i'm going to take your advice. I know it's not a great use of points but i love staying on property at DL so the value to me is there.

 

[RedVines2001]

Follow up question. Would you guys book:

A) 4 nights at the DLH for 144 points
or
B) 5 nights at PP for 148 points

Thanks

 

[LAX]

Thanks for the reply. I just checked availability at Cooper Creek in November and there is nada. I think i'm going to take your advice. I know it's not a great use of points but i love staying on property at DL so the value to me is there.

If it comes down to "burning" vs. "losing", getting something is always better than nothing. Having said that, it might still be worthwhile to contact one of the brokers to see what they can do. There is apparently a very high demand for points, so your points might still get rented although you may not get the home resort premium.

LAX

 

[_auroraborealis_]

If it comes down to "burning" vs. "losing", getting something is always better than nothing. Having said that, it might still be worthwhile to contact one of the brokers to see what they can do. There is apparently a very high demand for points, so your points might still get rented although you may not get the home resort premium.

LAX

Potentially, but definitely know that there will be no premium for use of the CCV points. There's just nothing left in home resort there.

 

[bumbershoot]

Follow up question. Would you guys book:

A) 4 nights at the DLH for 144 points
or
B) 5 nights at PP for 148 points

Thanks

B. More is better and I absolutely love PPH. Big bright cheery rooms.

 

[starry_solo]

Follow up question. Would you guys book:

A) 4 nights at the DLH for 144 points
or
B) 5 nights at PP for 148 points

Thanks

5 nights! 5 nights is better than 4!

PP is nice, I like it. I know some people don't.

 

[RedVines2001]

My wife is kiling me.

After my wife affirmed multiple times that she didn’t want to fly to Florida for the summer, I burned my expiring points at the Disney collection for a three night stay at the DLH for 128 points. (Availability became an issue)

Now after spending a very relaxing day at the VGC pool yesterday my wife says out loud Wow a Florida vacation would be really nice, less than 24 hours after saying she didn’t want to go....

So now my points are stuck in the Disney collection and it looks like the best use for them would be for a moderate resort, where the 128 points I have to burn will go for about 7 nights the first week of June

Now my questions is which moderate should I pick and why? The two port Orleans resorts, Coronado Springs or Caribbean Beach.

Having a nice pool would be a priority and transportation options are important also, esp to Disney Springs for the indecisive wife.

TIA for the feedback.

 

[jpeterson]

Now my questions is which moderate should I pick and why? The two port Orleans resorts, Coronado Springs or Caribbean Beach.

Having a nice pool would be a priority and transportation options are important also, esp to Disney Springs for the indecisive wife.

I would go with Port Orleans: French Quarter then. You have a boat to Disney Springs and a smaller resort compared to the other 3. I haven't personally used it, but I believe the pool is fairly nice.

 

[wnielsen1]

I also agree with Port Orleans. FQ would be my first choice, but Riverside would be the wife's. I like both resorts.

 

[starry_solo]

Tell her its nicer in CA....

 

[jbh275]

I really like PP. It's nice, close, well worth it for the extra night.

 

[iwannbindisnee]

My wife is kiling me.

After my wife affirmed multiple times that she didn’t want to fly to Florida for the summer, I burned my expiring points at the Disney collection for a three night stay at the DLH for 128 points. (Availability became an issue)

Now after spending a very relaxing day at the VGC pool yesterday my wife says out loud Wow a Florida vacation would be really nice, less than 24 hours after saying she didn’t want to go....

So now my points are stuck in the Disney collection and it looks like the best use for them would be for a moderate resort, where the 128 points I have to burn will go for about 7 nights the first week of June

Now my questions is which moderate should I pick and why? The two port Orleans resorts, Coronado Springs or Caribbean Beach.

Having a nice pool would be a priority and transportation options are important also, esp to Disney Springs for the indecisive wife.

TIA for the feedback.

Port Orleans is very nice. Before DVC that was our preferred resort. Love the boat ride to DS. Also the laid back feel.. Coronado Springs has a lot of corporate bookings & is spread out.. Caribbean Beach is nice, but also larger & no boat ride to DS. But I believe the Skyliner may be working from CB in June? I haven't really read that much about the opening of it.. Debbie

 

[RedVines2001]

I ended up securing five nights in a pool view at Port Orleans Riverside for 130 points. It was either that or the Caribbean Beach Resort. My wife liked the atmosphere at Port Orleans and the boat ride to DS sold her. Thanks everyone for the input. Now to learn all about Port Orleans.

 

[FFMickey]

I ended up securing five nights in a pool view at Port Orleans Riverside for 130 points. It was either that or the Caribbean Beach Resort. My wife liked the atmosphere at Port Orleans and the boat ride to DS sold her. Thanks everyone for the input. Now to learn all about Port Orleans.

That's great that you were able to convert your points into the Disney Collection. It may not be "a good use of points", however its better than the points expiring.

 

[crvetter]

That's great that you were able to convert your points into the Disney Collection. It may not be "a good use of points", however its better than the points expiring.

I was curious about the economics of trading, under the conditions: you are going to Disney, can't get into a DVC room, and the points can't be banked/used for another trip in a DVC Resort. Obviously if a person is going to Disney only because they need to use the points that is different and renting would be preferred saving the money spent on travel costs. I did it for POR below:

For Example:

Cash at POR

• POR 11/25 to 11/29 has a rack rate of 297 discounted at 15% gives 252.45
• Tax is 12.5%
• Total Cash Cost of 1,136.03
• Parking at $19 a night if needed (not added above)

Points at POR

• POR 11/25 to 11/29 has a 25 a night point cost plus a $95 conversion fee
• Free Parking
• Renting Points at $15 a point and paying taxes at 20% effective tax rate, which is a bit generous might be better to use 25%-30%
• Total Cost of Points (Rental Income - Taxes + conversion Fee) gives 1,295.00

I realize if you privately rent you could "hide" the taxes, but through brokers that pays the 14.50-15 for "premium" resorts will issue a 1099, thus requiring that payment. So the spread here is only 160 without needing to park vs 80 if you need to park a car and assumes you get the 15% discount on the Moderate room. So really some resorts seem alright at specific hotels for certain times of the year. Obviously this actually works more in the favor those that own the "non-premium" resorts since they lose about a $1 per point renting.

Perhaps I'm missing something but if you intend on renting the points, through a broker, to finance a trip to Disney (for the unique conditions stated above) it doesn't look like the conversion through Disney to the Moderate resorts is significantly far off from what renting nets...

 

[CarolynFH]

I was curious about the economics of trading, under the conditions: you are going to Disney, can't get into a DVC room, and the points can't be banked/used for another trip in a DVC Resort. Obviously if a person is going to Disney only because they need to use the points that is different and renting would be preferred saving the money spent on travel costs. I did it for POR below:

For Example:

Cash at POR

• POR 11/25 to 11/29 has a rack rate of 297 discounted at 15% gives 252.45
• Tax is 12.5%
• Total Cash Cost of 1,136.03
• Parking at $19 a night if needed (not added above)

Points at POR

• POR 11/25 to 11/29 has a 25 a night point cost plus a $95 conversion fee
• Free Parking
• Renting Points at $15 a point and paying taxes at 20% effective tax rate, which is a bit generous might be better to use 25%-30%
• Total Cost of Points (Rental Income - Taxes + conversion Fee) gives 1,295.00

I realize if you privately rent you could "hide" the taxes, but through brokers that pays the 14.50-15 for "premium" resorts will issue a 1099, thus requiring that payment. So the spread here is only 160 without needing to park vs 80 if you need to park a car and assumes you get the 15% discount on the Moderate room. So really some resorts seem alright at specific hotels for certain times of the year. Obviously this actually works more in the favor those that own the "non-premium" resorts since they lose about a $1 per point renting.

Perhaps I'm missing something but if you intend on renting the points, through a broker, to finance a trip to Disney (for the unique conditions stated above) it doesn't look like the conversion through Disney to the Moderate resorts is significantly far off from what renting nets...

I think the issue here is that the DVC points had already been used to book one of the Disney hotels in Anaheim. Those points then are “stuck” and cannot be used to book a DVC room, only to book another hotel. So now that his wife has decided she’d rather vacation in Florida than in Anaheim, he can’t rent them as DVC points and can only use them to book one of the WDW hotels.