OTU Points Cost Increase

[Maria_Ohana]

Curious to see where the rental cost pp will go.

 

[Aela]

For those of us who only have a small amount of points, (125 direct), the ability to add a night or go with a 1 bedroom was simple a phone call away.

We have purchased OTU points on three occasions so far. We bought them @ $19/pt.

Yes we are the same. We have 150 direct points and used ours last year. I rented my OTU points to a friend this year, and borrowed ahead for ourselves. I planned to buy OTU next year to cover what we borrowed. Oh well!

 

[Debbie Jean]

I bought some OTU points yesterday. Called in the morning and the system was down for purchase… wonder why? LOL

Called back in the afternoon and got what I needed for $19/pt. Who knew?

 

[Yankee626]

Are we allowed 24 points total or 24 points per contract we own ?

 

[Lorana]

Are we allowed 24 points total or 24 points per contract we own ?

24 points per membership, regardless of how many contracts that membership has.

I have two UYs and thus two memberships, and could buy 24 points on each. One has 2 contracts and the other has 32.

 

[Nursemanit]

But rentals are for non DVC members and have to be competitive against the cash rates. Not sure I see the correlation between OTU points, which are for owners to supplement when they are short.

It sets the expectations of owners of what the true value of points should be. If WDW says it went up then it is logical for rental rates to go up. I admit it is “emotional economics “ but emotions drive markets.

 

[karen4546]

We purchase OTU points each year due to small contracts. I wish they would have at least given a little time for war

24 points per membership, regardless of how many contracts that membership has.

I have two UYs and thus two memberships, and could buy 24 points on each. One has 2 contracts and the other has 32.

34 contracts!! you are a beast! That is a compliment. I have a difficult time balancing out trips with my 2 contracts and ONE UY.

 

[Sandisw]

It sets the expectations of owners of what the true value of points should be. If WDW says it went up then it is logical for rental rates to go up. I admit it is “emotional economics “ but emotions drive markets.

That makes some sense. But i think most owners will take what they can get given current conditions so not sure this will impact

I don’t think DVC cares if they sell OTU points or not.

 

[Genie+]

$3 is a big jump. Wasn’t it previously only $1 increments? Still I doubt it’ll change rental prices. The majority of renters have no idea about OTU. Cost along with benefits/disadvantages compared to other options is how we’ve decided maximum tolerance for rental pricing. If we rented out our points, the main thing I’d consider is our buy-in/dues costs and what profit makes it worth the effort. That value isn’t +$3pp because OTU went up $3.

 

[Sandisw]

$3 is a big jump. Wasn’t it previously only $1 increments? Still I doubt it’ll change rental prices. The majority of renters have no idea about OTU. Cost along with benefits/disadvantages compared to other options is how we’ve decided maximum tolerance for rental pricing. If we rented out our points, the main thing I’d consider is our buy-in/dues costs and what profit makes it worth the effort. That value isn’t +$3pp because OTU went up $3.

I think it started at $14, went to $16, then $19 and now $22. So, this isn’t usual

And that $19 has been in effect for quite a few years.

 

[Genie+]

I think it started at $14, went to $16, then $19 and now $22. So, this isn’t usual

And that $19 has been in effect for quite a few years.

Thank you. Very close! I remembered reading it somewhere but wasn’t easy to find again lol.
2010 was $15, 2017 $17, late 2018 $19, now $22.

From https://dvcnews.com/dvc-program/pol...4295-price-of-one-time-use-points-rises-to-19

“Disney Vacation Club is now selling its "One Time Use Points" for $19 each, an increase of $2 per point over the $17 rate which was implemented in October 2017.

DVC breaks down the cost as $16.89 per point plus $1.10 tax and $1.01 resort tax.

One Time Use Points were introduced in 2010 as a way for owners to buy a small number of points to complete a single reservaiton, rather than purchasing a contract add-on costing thousands of dollars. Owners can purchase up to 24 One Time Use Points per Use Year. The points can only be used toward reservations made 7 months prior to arrival. The fee is charged at the time of the booking and no refund is offered in the event of a cancellation. These points cannot be borrowed, banked or transferred.

The original 2010 cost was $15 per point, a rate that remained in effect for more than seven years until the 2017 price increase”

 

[RichVIII]

I have purchased them several years running. Each time I question whether I should just buy more points. The problem is that they won't sell 25 points anymore for most new resorts. I justify and say, well, at least I am not committed long-term. I have seen on many of the FB posts that people didn't even know they existed. Rentals? Eh. Rentals are softening in general at this point and to me, the OTU points wrtr a quick fix for needing a few points. Buying many more points for larger reservations is completely different in my opinion.

 

[Wendysofftoneverland]

The info is interesting and good to know. I wonder how many people actually find a need to purchase those points..... We've never actually bought them. What were they previously, around $18 or so?

$19. I bought 24 for this year...and then realized I should add on on 25 pts right before the increase from $207 to $217. So maybe this will push more people to do small add ons?

Edited to add: the 25 pts. we purchased was at VGF.

 

[Memorymakerfor4]

The last time we bought OTU points in 2022 I was surprised they were still $19/pt. Eggs in my town have gone up almost $3/dz, so I don't feel a lot of emotion about this.

 

[KAT4DISNEY]

The last time we bought OTU points in 2022 I was surprised they were still $19/pt. Eggs in my town have gone up almost $3/dz, so I don't feel a lot of emotion about this.

Buy the points and go to Disney. A dozen eggs were $3.99 and always in stock.

 

[zavandor]

According to an online inflation calculator, $15 in 2010 is equivalent to $20.58 now. So I'd say the increases are fair.

 

[AnnaKristoff2013]

I could not believe this either. That means renting points will probably increase as well. I would think renters want to match DVC

Renting points are what the market will bear, and the market has been going down lately, not up. Just eyeballing the disboards rent/trade board you can see that rentals are lower than what they were a few months ago.

 

[AnnaKristoff2013]

Thank you. Very close! I remembered reading it somewhere but wasn’t easy to find again lol.
2010 was $15, 2017 $17, late 2018 $19, now $22.

From https://dvcnews.com/dvc-program/pol...4295-price-of-one-time-use-points-rises-to-19

“Disney Vacation Club is now selling its "One Time Use Points" for $19 each, an increase of $2 per point over the $17 rate which was implemented in October 2017.

DVC breaks down the cost as $16.89 per point plus $1.10 tax and $1.01 resort tax.

One Time Use Points were introduced in 2010 as a way for owners to buy a small number of points to complete a single reservaiton, rather than purchasing a contract add-on costing thousands of dollars. Owners can purchase up to 24 One Time Use Points per Use Year. The points can only be used toward reservations made 7 months prior to arrival. The fee is charged at the time of the booking and no refund is offered in the event of a cancellation. These points cannot be borrowed, banked or transferred.

The original 2010 cost was $15 per point, a rate that remained in effect for more than seven years until the 2017 price increase”

fwiw, $19 in 2017 inflation adjusted dollars would be $23 today so it’s hard to complain too much about this.

 

[DonMacGregor]

fwiw, $19 in 2017 inflation adjusted dollars would be $23 today so it’s hard to complain too much about this.

Shhhhhhh, you’re talking about some people’s raison d’etre…

 

[DizneyLizzy]

I don’t care about he $3 per point increase. I can count on one hand the times I’ve purchased them in the past 7 years. I just want to be able to purchase them online without calling. Any idea why we can’t do that??