renting

Discussion in 'UK DVC Discussion' started by misspickle, Jul 18, 2017.

  1. misspickle

    misspickle DIS Veteran

    Joined:
    Jan 20, 2006
    Messages:
    549
    Good afternoon,

    can someone please explain how dvc works, i would like to rent somewhere for over xmas in the future i'm researching my options at the moment..
    there will be 5 in my party prefer a 2BR


    Thanks in advance

    Errin
     
  2. zavandor

    zavandor DIS Veteran

    Joined:
    Jul 22, 2011
    Messages:
    1,731
    You can book DVC rooms also directly from Disney, but at their often inflated rates, but sometimes you can get very good offers on resorts like OKW and SSR.
    To save money you can rent a reservation from another owner. They would book a vacation for you and you compensate them. You can go directly through an owner and a good place to find one is the rent board here on the DIS:
    https://www.disboards.com/forums/dvc-rent-trade.29/
    (you must be logged in to see it)

    Or you could rent through a broker. You would still get a reservation they book using their points, but you pay the broker who will find the owner for you (and they would keep part of the money as compensation for their service).

    There are a few disadvantages at renting DVC points:
    - cancellation policies are often very strict, often being no cancellation allowed. The owner or the broker might try to help in case you need to cancel, but often you would loose all your money
    - the owner would be in complete control of the reservation, they might cancel it and disappear with the money. I've seen a couple of reports here on the DIS of people loosing their reservation. Just a couple out of thousands of rentals made every year, so it's rare but it can happen. Trust is needed. A broker offers an extra layer of protection.
    - you would rent a timeshare reservation, this means for example you won't get housekeeping every day. Depending on lenght of stay you would get full cleaning once a week only if you stay more than a week, otherwise just trash removed and towels changed on day 4. Also: check in is after 4pm, no upgrades possible, rooms may be not refreshed as often as hotel rooms and maintenance can be an issue

    The only advantage is that you can save a lot of money. More if you go direct with an owner, while using a broker would cost a bit more, but I'd suggest it as the best way for a first time book.
    David's vacation club rental is a sponsor of the boards and has a good point calculator that could give you a good idea of how much a reservation might cost:
    https://www.dvcrequest.com/cost-calculator.asp

    Also, be aware that you need to plan a lot in advance. To book for this Christmas, I would say you have almost zero chances of finding anything. Even booking 7 months is advance for a busy period like Christmas may be difficult, better to plan 8-11 months in advance when an owner can book using their home resort priority window. This is especially true for resorts like BWV, BCV, VGF, CCV, BRV, BLT, PVB.

    For further information, this post has a lot of useful info:
    https://www.disboards.com/threads/so-youve-decided-to-buy-dvc.3567366/#post-56896799
     
    Last edited: Jul 18, 2017
  3. Smittolis

    Smittolis Mouseketeer

    Joined:
    Mar 2, 2017
    Messages:
    308
    The above gives you all (and more!) you need to know....

    The things to think about from my experience... Renting will often require the payment upfront in full. If you have the money set aside for this so far out then this is obviously not an issue, but if you are the type that sets dates and then works towards saving up for it over time, renting DVC points can be a little more front heavy when it comes to financial investment. We have had great experiences using DVC rented points and going through 3rd party companies takes a little of the financial commitment out of the equation, as you can pay a large deposit and the remainder prior to arriving etc... That would be my main difference between renting points and booking direct.... Oh and using a DVC Villa will also mean getting housekeeping on the 3rd day only, not every day like a regular hotel room.

    Good luck whatever you decide
     
  4. 1andrea

    1andrea DIS Veteran

    Joined:
    Dec 12, 2006
    Messages:
    1,440
    We bought into DVC a longtime ago and due to changes in the family and our daughter growing up we rent out our points each year. I ask for payment up front and either book the vacation for someone or transfer the points into an existing DVC account (which I prefer) for me its usually more Americans that rent DVC points but its available to everyone. It helps me pay the dues and I get a little extra to pay for our accommodation. Its great for everyone xx
     
    Sillystitch70 likes this.

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