Steamboat Bill
Mouseketeer
- Joined
- Feb 10, 2004
- Messages
- 384
I wonder if DISboards should attempt to price fix point rentals on this board.
Let me explain: The going rate for point rentals was $10 in 2000 and guess what....it is still common to see $10 per point rentals. However, the purchase price and the MF have gone up dramatically since 2000. Thus, there is a disconnect with the price of point rentals.
I suggest the following:
Point rental for 11-8 month window = $13
Point rental for 7-2 month window = $12
Point rental for 2-0 month window = $11
Distressed or banked points = $10
Let's not start a tangent on let the market find the price. With over 100,000 members, there are always going to be desperate people wanting to unload points ASAP and will take $7-9 pp.
I want to PROTECT the marketplace because if point rentals are still $10 per point in a year or two, I will just SELL my DVC contracts and simply rent as this would be cheaper than owning.
My benchmark is maintenance fees ($4pp) + lost opportunity of investing in a 5% CD instead of buying DVC @ $100pp ($5pp) = $9 true value of points.
Let me explain: The going rate for point rentals was $10 in 2000 and guess what....it is still common to see $10 per point rentals. However, the purchase price and the MF have gone up dramatically since 2000. Thus, there is a disconnect with the price of point rentals.
I suggest the following:
Point rental for 11-8 month window = $13
Point rental for 7-2 month window = $12
Point rental for 2-0 month window = $11
Distressed or banked points = $10
Let's not start a tangent on let the market find the price. With over 100,000 members, there are always going to be desperate people wanting to unload points ASAP and will take $7-9 pp.
I want to PROTECT the marketplace because if point rentals are still $10 per point in a year or two, I will just SELL my DVC contracts and simply rent as this would be cheaper than owning.
My benchmark is maintenance fees ($4pp) + lost opportunity of investing in a 5% CD instead of buying DVC @ $100pp ($5pp) = $9 true value of points.
