To cancel… rent ..??… or use .. 2020 point reservation

[Stickfigure]

Hi all.

It’s been a while since I’ve been on but I knew I could get some feedback on what to do here. Hopefully this is the correct location for this post.

So, I made a reservation a few months ago for xxxxx (details removed as not allowed). We thought we would go enjoy a few days and bring friends or family.. never really planned anything. Now that the time is approaching we are realizing that we probably want to do something else.

The trip is booked with 2020 points.. (261 of them ) so if I cancel now are they …..
A. able to be deposited into RCI ?
B. able to be banked and used next year if I make a reservation now?
C. able to be rented as two reservations (not sure how, but know there’s a board)
D. cancel and sell points (but they are 2020) ??

I am not sure what makes the most sense.. surely I can just keep them and go (seemingly most easy solution) but the fact is it’s not something I’m 100% about. Also, my use year is Feb. so my banking window is 9/30 in 2 days !

If I can figure exactly what the options are clearly I’ll feel better and be able to make my decision easier. Thanks in advance

Lori

Moderator removed trip details

 

[Sandisw]

I removed details of the reservation.

Since the points appear to have already banked..if they are from your 2020 UY.. so you can not bank again and they will expire January 31st

You can deposit into to RCI. This must be done at least 45 days prior to expiration.

You can try to rent them as is or you can cancel and try rent the points for dates other want.

 

[Stickfigure]

I removed details of the reservation.

Since the points appear to have already banked..if they are from your 2020 UY.. so you can not bank again and they will expire January 31st

You can deposit into to RCI. This must be done at least 45 days prior to expiration.

You can try to rent them as is or you can cancel and try rent the points for dates other want.

Thanks sooooo soooo much for the reply and quick information I apologize for any details that were not allowed.
So may I ask what “value wise” would make the most sense (majority would do) ?
I know that after looking up availability there is not much there to rent individual points.
So if the decision was to rent the full reservations… would I have until mid December to have listed and cancel if not rented then still deposit into RCI to meet the 45 days?? … OR do I have to cancel within a timeframe based on reservation in 30 day window or something ???

 

[CarolMN]

My advice is to attempt to rent the reservation. (If you want to do that via the DIS Rent/Transfer Board, you must purchase either the Platinum or Premium rental Plan). If you've never rented before and want to minimize the hassle to you, consider using a rental broker. That will almost certainly result in less money to you, but IMHO, it is a good option for an inexperienced renter with a fairly tight timeframe.

If you are not successful renting the reservation prior to 31 days before arrival, then I would cancel the reservation and deposit the points into RCI.

Good luck!

 

[Stickfigure]

My advice is to attempt to rent the reservation. (If you want to do that via the DIS Rent/Transfer Board, you must purchase either the Platinum or Premium rental Plan). If you've never rented before and want to minimize the hassle to you, consider using a rental broker. That will almost certainly result in less money to you, but IMHO, it is a good option for an inexperienced renter with a fairly tight timeframe.

If you are not successful renting the reservation prior to 31 days before arrival, then I would cancel the reservation and deposit the points into RCI.

Good luck!

Thank you very much !!
I guess that's what I will do... I appreciate all the details and feel so much more relaxed now that I know I have options that are not overly time sensitive.. though slightly lol
I will go figure out the average price per point for that time now.. and then contact whoever handles this "rent plan".
I guess I can also try friends via social media as well. Though that's sometimes a PITA to deal with.

 

[Stickfigure]

Can one of you please help me access the link to purchase a rental plan .... it keeps going in circles...

 

[CarolMN]

Can one of you please help me access the link to purchase a rental plan .... it keeps going in circles...

This link should work:

https://www.wdwinfo.com/disney-vacation-club/dvcforumplan.htm

 

[macman123]

yep, sadly you can not rebank banked points from a previous UY.

I would rent to help pay dues...

 

[Stickfigure]

Thanks Again .. So I purchased the Premium Plan (thanks Carol for the link) I am going to work on rental listings today.

It is a little intimidating reading the rules I don’t want to put something wrong and be penalized and lose my post allowance. Also, I didn’t realize I can’t rent both reservations until 30 days prior, only one? … so not sure what to do with that and how to decide what size room is most popular etc. Any suggestions would be appreciated...as my anxiety thinking about it is rising.

 

[Sandisw]

Thanks Again .. So I purchased the Premium Plan (thanks Carol for the link) I am going to work on rental listings today.

It is a little intimidating reading the rules I don’t want to put something wrong and be penalized and lose my post allowance. Also, I didn’t realize I can’t rent both reservations until 30 days prior, only one? … so not sure what to do with that and how to decide what size room is most popular etc. Any suggestions would be appreciated...as my anxiety thinking about it is rising.

Unfortunately, it is going to be hard for people to help as you can’t post details of them.

All you can do is make your best guess and go from there. Also, please do not respond to any PMs you get in which you did not initiate as a response to someone who posted to your posting.

Please report that to the admins.

 

[Stickfigure]

Unfortunately, it is going to be hard for people to help as you can’t post details of them.

All you can do is make your best guess and go from there. Also, please do not respond to any PMs you get in which you did not initiate as a response to someone who posted to your posting.

Please report that to the admins.

THANKS AGAIN !

I think I figured it all out. So i will get that going as soon as I get my approval.

 

[Stickfigure]

Unfortunately, it is going to be hard for people to help as you can’t post details of them.

All you can do is make your best guess and go from there. Also, please do not respond to any PMs you get in which you did not initiate as a response to someone who posted to your posting.

Please report that to the admins.

Hi Again,

Do you have any idea how a post can disappear ? I searched through my user name and it's gone ? I finally got the logo to post my rental offer.... so odd !

 

[Sandisw]

Hi Again,

Do you have any idea how a post can disappear ? I searched through my user name and it's gone ? I finally got the logo to post my rental offer.... so odd !

That is not a question I can answer as I am not sure! Maybe post the question here for Technical Support.

https://www.disboards.com/forums/technical-support.43/

 

[CarolMN]

No need to post on Tech Support Board.

R/T mods answered Stickfigure via PM. Disappearance was related to R/T activity. All is well.

 

[Stickfigure]

No need to post on Tech Support Board.

R/T mods answered Stickfigure via PM. Disappearance was related to R/T activity. All is well.

Yes !! Thanks to all of you !

 

[wishicouldgomoreofte]

My advice is to attempt to rent the reservation. (If you want to do that via the DIS Rent/Transfer Board, you must purchase either the Platinum or Premium rental Plan). If you've never rented before and want to minimize the hassle to you, consider using a rental broker. That will almost certainly result in less money to you, but IMHO, it is a good option for an inexperienced renter with a fairly tight timeframe.

If you are not successful renting the reservation prior to 31 days before arrival, then I would cancel the reservation and deposit the points into RCI.

Good luck!

It says in a sticky at the top of the DVC Member Services forum:
"The Gold rental plan allows up to six (6) rental threads, including up to two (2) existing reservations offered within 30 days of the arrival date. "
That update was dated 8/11/2020 when the Platinum plan was added it states in the title. Was it stated wrong, or has that changed since then?

Just wondering why she would need one of the 2 more expensive plans.

 

[CarolMN]

Just wondering why she would need one of the 2 more expensive plans.

The confirmed reservation the OP wanted to rent was more than 30 days away..