Renting DVC Points - Any Contracts Offer Down Pay & Not Full Payment?

[heaven2dc]

I know this is a long shot and probably a hard question to answer since each contract owner would have their own guidelines but I saw a couple of posts where one or two DVC owners offered the renter the option to pay 25% down or similar amount and pay the balance maybe within 30-60 days prior to arrival. I have no clue how to research this without going through each post to inquire about the terms.

Any suggestions? I'm a single mom trying to find the best affordable way to take my family back to WDW and have rented points several years ago for our stay at BWV. On that trip the very nice DVC owner actually worked with me by dividing the payments up (I believe it was 3 payments over a period of 11 months). Please be kind in responding to my post I've presented this question before and got flamed from some posters with comments likes "if you can't afford to pay for it all at once, maybe you shouldn't go" and "why should we finance your vacation?". Life threw a curve ball at me when my husband passed away suddenly several years ago when we were just starting out our vacation after we arrived at WDW and since he never got a chance to take his grandchildren, I am looking into the most affordable way to book our vacation. Thanks in advance!

 

[mort1331]

It will come down to each individual owner. Most, and me being one, will want full payment. There are some that will work with you, but they will probably want full payment 60-32 days out. The reason is after the 31st day if canceled the points go into holding. Tough booking way. The other thing is when their banking day is. Some might want payment before that or they cant bank points.

 

[KAT4DISNEY]

I agree that it will just come down to each individual owner and having some luck in finding that person who is renting points at the time you need them. It gets a little difficult in making such an offer because of the possibility of the owner losing points - and thus value of their points - if they allow payments close to the date of the reservation.

 

[brittanidp]

The owner I rented from does 50% then the remainder 61 days before checkin. You just have to ask for their terms when you check availability

 

[DisneyBill]

Not that I rent a lot, but I've always worked along the lines of getting approximately a 25% non-refundable deposit at the reservation point, with the balance due 60ish days before the stay. I think your real difficulty is going to be finding those buyers who that do such, to which I regrettably don't have any suggestions.

 

[Dean]

I know this is a long shot and probably a hard question to answer since each contract owner would have their own guidelines but I saw a couple of posts where one or two DVC owners offered the renter the option to pay 25% down or similar amount and pay the balance maybe within 30-60 days prior to arrival. I have no clue how to research this without going through each post to inquire about the terms.

Any suggestions? I'm a single mom trying to find the best affordable way to take my family back to WDW and have rented points several years ago for our stay at BWV. On that trip the very nice DVC owner actually worked with me by dividing the payments up (I believe it was 3 payments over a period of 11 months). Please be kind in responding to my post I've presented this question before and got flamed from some posters with comments likes "if you can't afford to pay for it all at once, maybe you shouldn't go" and "why should we finance your vacation?". Life threw a curve ball at me when my husband passed away suddenly several years ago when we were just starting out our vacation after we arrived at WDW and since he never got a chance to take his grandchildren, I am looking into the most affordable way to book our vacation. Thanks in advance!

You normally get more flexibility from a private party. When I rent it's normally 25% down and the remainder at 120 days out all non refundable. I've had a couple that paid in increments in between. One could always stay offsite for much cheaper. I've seen 50% down and the remainder a couple of months out and 10% down but I'm uncertain the rest of the terms on that one.

 

[pmaurer74]

I know this is a long shot and probably a hard question to answer since each contract owner would have their own guidelines but I saw a couple of posts where one or two DVC owners offered the renter the option to pay 25% down or similar amount and pay the balance maybe within 30-60 days prior to arrival. I have no clue how to research this without going through each post to inquire about the terms.

Any suggestions? I'm a single mom trying to find the best affordable way to take my family back to WDW and have rented points several years ago for our stay at BWV. On that trip the very nice DVC owner actually worked with me by dividing the payments up (I believe it was 3 payments over a period of 11 months). Please be kind in responding to my post I've presented this question before and got flamed from some posters with comments likes "if you can't afford to pay for it all at once, maybe you shouldn't go" and "why should we finance your vacation?". Life threw a curve ball at me when my husband passed away suddenly several years ago when we were just starting out our vacation after we arrived at WDW and since he never got a chance to take his grandchildren, I am looking into the most affordable way to book our vacation. Thanks in advance!

What I did was use Paypal and use their 6 months zero percent financing option.

 

[suebeelin]

Do you know anyone personally who owns dvc? They may offer more flexibility.

On my side, when I've hosted/rented to friends and family, I insist they buy their plane ticket or pay me before sept 30, my banking date.

So if the trip is nov/dec, I need confirmation or payment before sept 30 so I can cancel and bank my points. Hope that helps provide perspective.

 

[Snurk71]

I've rented a few times and my standard terms are 50% at reservation, 50% due 90 days out - both non refundable.

However, if someone had to cancel and the reservation wasn't within the 30 day holding point window - I'd offer to try to rent the points and only charge the original renter if I lost out any compared to their original reservation.

Also, if a serious renter (dates/resort locked in and ready to book) asked me about altering the payment terms a little to something like 33/33/34 - I'd likely do it.