To rent or not?

[ozliz]

I’m seriously considering renting out my 2021 points but keep hesitating contacting one of the agencies and going ahead with it. I’d love to hear about others pandemic choices that might help me make up my mind.

A little context…

I only have 160 points (no children so a studio is plenty of space).
I was lucky that in 2019 I borrowed all but 3 of my 2020 points so I’ve not lost any points due to the pandemic yet. Those 3 points are banked into 2021 and will be lost without renting out points (can’t be banked again) - not a great loss on the scale of others’ losses recently.
I live in Australia and our borders are closed, I’m only getting my first vaccination next week (young and healthy so I had to wait for others in greater need to go first) and it’s impossible to get travel insurance right now even if the borders reopened.
Delta hit Australia/New Zealand recently and I live in one of the places with a hard lockdown so plenty of time to dream of travel while be concerned that we’re a long way off the normality of international travel.
The original plan was a 2022 trip which has now been pushed out to 2023 (noting above, 3 points lost isn’t a great concern right now).
My biggest concern is the DVC 7-11 month booking window which means that I can’t make a last minute decision when borders reopen and travel insurance becomes available again. I will likely have to take my chances and hope insurance is available and borders open by the time the trip dates arrive


So, do I just rent out my 163 points now and bank 2022 points into 2023 so I can use them for a trip in early 2024 instead? Or do I take the risk of the unknown in the future? I still have a job so I don’t need the $ to pay the maintenance fees and due to lockdown I wouldn’t be able to use the rental $ for local travel right now anyway.

If it wasn’t for the high travel insurance costs to visit the USA (because your healthcare costs are so high) I might be a little less worried but I wouldn’t want to take the risk of travelling in the foreseeable future if I wasn’t fully covered by insurance.

 

[robinb]

I just rented out about half my 2021 points and I live in the US. I would rent your points and start fresh in 2022. Frankly, I don’t see Australia reopening the borders any time soon.

 

[DisneyRegulars]

Just rent the points and plan a more doable vacation for 2023. This seems like the least stressful option to me. I rented points for the first time this year and it was super easy through David’s.

 

[SandyinMonterey]

We've rented out our points twice with David's Vacation Rentals. Easy process and easy to do business with. I live in the US so I don't know how it works for those living outside of US. Check them out, it doesn't cost anything to ask questions.

 

[Best Aunt]

I am allowed to travel but am not comfortable doing so. I had 2020 points which I had banked into 2021. I rented them out. Most of them got rented at about the 8 month mark (my home resort). The rest got rented after the 7 month mark had passed (not my home resort). I never thought I would rent out my points, but since I'm not travelling anyway I'm happy to get the cash.

 

[quandrea]

I’ve rented out my points since we can’t travel now. I feel glad they’re taken care of. Paying dues in January won’t sting so much. I have to cancel my Feb reservation and out those ones up for rent too.

 

[Disneypapa]

Almost a no brainer here considering your situation...... rent the points out and prepare for a future blow out style trip to WDW.

 

[ozliz]

I am allowed to travel but am not comfortable doing so. I had 2020 points which I had banked into 2021. I rented them out. Most of them got rented at about the 8 month mark (my home resort). The rest got rented after the 7 month mark had passed (not my home resort). I never thought I would rent out my points, but since I'm not travelling anyway I'm happy to get the cash.

I always knew it was a backup option if I wanted to travel differently after owning for a long time. I’ve only owned a few years and had no intention of renting out any time soon. The rental $ don’t come close to the value of the idea trip itself at the moment.

 

[ozliz]

Thanks everyone. I’ve listed with an agency and just waiting to find out if I get a match with a renter. It’s sad but COVID numbers here in Australia are the worst they’ve ever been so I’m not confident anything will change fast enough. Fingers crossed for the future.

I’m now off to work out PayPal which I’ve pretty much never used before and see how the currencies work, what I can use the money I receive for with minimal fees, etc.