Disney Information Station Logo

Go Back   The DIS Discussion Forums - DISboards.com > Global Neighbours > UK DVC Discussion
Find Hotel Specials & DIScounts
 
facebooktwitterpinterestgoogle plusyoutubeDIS UpdatesDIS email updates
Register Chat FAQ Tickers Search Today's Posts Mark Forums Read





Reply
 
Thread Tools Rate Thread Display Modes
Old 01-06-2012, 06:00 AM   #1
john storey
Mouseketeer
 
Join Date: Jun 2004
Location: Wallington, Surrey SM6 9LE
Posts: 82

Hard Times Loads of Points What Do I Do?

We brought in to DVC around 8 years ago, times were good & nobody had ever heard of 'sub prime loans', bank closures & all that was to follow. We brought 600 points & began to enjoy the most luxurious holidays, often spending 3 to 4 weeks touring around the resorts staying in lovely large 1,2 & 3 bed properties.
Alas 2 years ago it all went 'pop', the business I had worked for for 40 years went under, what do we do now? We had already booked our holiday for 2010 so that was OK, however 2011 was a no go so we banked the points although paying the annual dues was tough. We are now into 2012 & are debating what to do (we now have 1200 points sitting waiting to use). We really would like to go this year as we miss Florida dreadfully, but the most time we could get off is the normal 2 weeks still leaving loads of points left. Any ideas on how to handle this.
john storey is offline   Reply With Quote
Old 01-06-2012, 12:51 PM   #2
wilma-bride
Would love a diet on Cadbury Flakes
Admits she's strange when it comes to eggs
 
wilma-bride's Avatar
 
Join Date: Jul 2005
Location: Wiltshire, UK
Posts: 20,576
DISboards Moderator

Your best bet would be to try and rent your points. There is a point rental 'board' here on the DIS with a Q&A thread, which you would need to read. There are always people wanting to rent points, though.

Another option might be to use your points for something which might not always be considered the best value, such as a cruise, and treat yourself to a high category cabin.
wilma-bride is offline   Reply With Quote
|
The DIS
Register to remove

Join Date: 1997
Location: Orlando, FL
Posts: 1,000,000
Old 01-08-2012, 11:48 AM   #3
Samaya
DIS Veteran
 
Samaya's Avatar
 
Join Date: Aug 2004
Posts: 892

Try renting!

Quote:
Originally Posted by john storey View Post
Any ideas on how to handle this.

Renting your points is an option, you can try it yourself on this website at http://www.disboards.com/forumdisplay.php?f=29

Or if you don't want the hassle try David's Vacation Club Rental's which has a link also from the Disboards web site at http://www.dvcrequest.com/disney_vac...ub_members.htm

David will do all the work of renting your point's and I think you will receive about $10 per point.

Not use David myself but he does have great feedback and lots of valuable info on his site.

Try renting the banked points from 2011 that you won't be using yourself this year and if the renting goes well, rent some of the 2012 points later in the year so to help pay for the 2013 annual dues. Then bank the 2012 points you don't use into 2013 and hopefully things might change a little and for the better by then.

Good luck if you rent and for 2012.
__________________
Samaya is offline   Reply With Quote
Old 04-16-2012, 11:56 AM   #4
Princess_Melanie
Princess in Training
 
Princess_Melanie's Avatar
 
Join Date: Apr 2007
Location: London in Life, WDW in my Dreams
Posts: 431

Hi there,

Bit late posting a reply - no internet at a new house we bought last June - don't ask!! - we were in a similar situation - not as many points, but getting to WDW every year for a 3 week break was fantastic....till we bought a house and took a year off going to WDW which we both didn't mind as it meant we had our 1st home together...then I was made redundant at Christmas 2011 - and although DBF can handle all the bills - the 1st thing to be put on hold was our vacations!!

Basically - we had a friend in the US who was going to rent our points that HAD to be used up this year but they got a great deal with free dining etc and decided not to rent - fair play. So we looked at what to do with the points...a bit of playing around, tightening our belts in other expenses (like still not getting TV and internet at the house) and we're looking at a fab stay in Hong Kong!! Using the points for a Disney hotel (park tix thrown in) and having a great time in Hong Kong while not spending the usual £2000-£3000 we would when in Orlando I know it means it won't be the luxurious Big Hong Kong vacation we'd always wanted to have, but at least we can go, it's not out of our budget if we're careful and we still get a Disney fix!!

Just a thought but maybe there are some options for travelling further afield on the DVC points such as a cruise (as mentioned above) or the Disney Collection?
Princess_Melanie is offline   Reply With Quote
Old 04-23-2012, 08:49 PM   #5
starry_solo
DIS Veteran
 
Join Date: Nov 2010
Location: California
Posts: 1,618

Rent your points. Supposedly, it is a better buy to rent your points and pay cash for cruise reservations.

And, what would probably be better is to TRANSFER your points to someone (after being paid $10-11 per point). That way, you don't have to deal with the hassle of making changes to reservations, etc.

I don't know what you own at, but there are lots of people on the boards (and another disney forum) that look for transfers of points too. Make sure they pay for any fees.
starry_solo is offline   Reply With Quote
Old 08-07-2012, 03:11 AM   #6
happyj
DIS Veteran
 
happyj's Avatar
 
Join Date: Sep 2005
Location: Bournemouth UK
Posts: 951

Reading your thread and wondered what you decided to do? With that many points I would of thought you could of rented enough to pay for flights
__________________
JANET
97 offsite-2000 caribbean beach-2002 off site-2003 grosvenor caribbean beach-2004 SSR-2005 SSR BWV-2006 SSR- WLV- 2007 SSR BCV -2008 2009 BCV BLT-2010 BCV BLT 2011 BCV 2012 ALK
2013 Fantasy BCV AKL 2014 BLT BCV 2014VGF
happyj is offline   Reply With Quote
Old 09-28-2012, 07:28 AM   #7
Revtel
Mouseketeer
 
Revtel's Avatar
 
Join Date: Mar 2001
Location: Southampton, UK
Posts: 252

We have rented our points a couple of times with Dave's DVC Rentals.

All works very smoothly, and you will receive $10 per point - half when the booking is made, and the balance when the guest checks in at Disney.

You still have to pay the dues, but with 600 points, that should give you a clear profit of around $3000 each year on your points. Of course, by the time you exchange for real money, it's a bit less and technically, I think the income is taxable.

In any event, don't sell unless you really have to. Seriously expensive!

Revtel is offline   Reply With Quote
Old 09-28-2012, 07:56 AM   #8
john storey
Mouseketeer
 
Join Date: Jun 2004
Location: Wallington, Surrey SM6 9LE
Posts: 82

Thanks for all your responses to my post. Well I ended up dealing with David's Rentals, renting out the 600+ points that I had spare, this enabled us to go to Florida in april (paid for our flights) & have a wonderful 17 day break. I have also managed to pay off next years dues in advance so giving us a 2 year lifeline. The rental process was fairly easy & I strongly recomend David's services. Work wise I am finding it difficult to say the least, after working for 42 years without ever being out of work it is a huge shock to the system to wake up each day & wonder if anything could turn up. Managing to find various gardening projects which pay for essentials/etc, also enjoying a stress free life not having to worry about employing 22 staff. Thanks again, be lucky, regards John.
john storey is offline   Reply With Quote
Old 10-01-2012, 02:59 PM   #9
Samaya
DIS Veteran
 
Samaya's Avatar
 
Join Date: Aug 2004
Posts: 892

Quote:
Originally Posted by john storey View Post
Thanks for all your responses to my post. Well, I ended up dealing with David's Rentals, renting out the 600+ points that I had spare, this enabled us to go to Florida in april (paid for our flights) & have a wonderful 17 day break. I have also managed to pay off next years dues in advance so giving us a 2 year lifeline. The rental process was fairly easy & I strongly recommend David's services. Work wise I am finding it difficult to say the least, after working for 42 years without ever being out of work it is a huge shock to the system to wake up each day & wonder if anything could turn up. Managing to find various gardening projects which pay for essentials/etc, also enjoying a stress free life not having to worry about employing 22 staff. Thanks again, be lucky, regards John.

Sorry to hear that work is still a problem but good to hear that you rented and used that payment towards a holiday and next years dues.

As you've just experienced, it quiet easy to rent with David's Rentals but if next year you still have more spare time than you need then you might want to research renting your spare points yourself.

That way you should be able to make at least one if not two more dollars per point and with up to 600 points that should compensate you for the extra time that a private rental will take.

And if so, then would suggest in your position it might be best to only offer at first a minimum rental of 300 plus points and see how you get on, otherwise you might end up renting in small amounts and could have well over 10 rentals. A 40 point rental could be as time consuming as a 400 point rental.

So even though you might not have any current points to rent, keep checking the rental boards for tips and current rental prices and make sure of the pit falls such as a late cancellation, etc. Also, try to rent at the beginning of your user year, so start placing rental ads at least 3-4 months before your user year begins.

Good luck with your projects, hope work improves and you can enjoy the stress free life a little more,

Best wishes for the future,

Regards Samaya.
__________________
Samaya is offline   Reply With Quote
Old 10-14-2012, 06:28 AM   #10
skelfbsfb
DIS Veteran
 
skelfbsfb's Avatar
 
Join Date: Oct 2007
Location: Scotland
Posts: 1,426

Thats good news you managed to rent out your points. Hope you gave better luck on the job front.
__________________
DVC Member 2007 OKW
DVC Member 2010 BWV

2003:Quality Inn Plaza 2004:Howard Johnston 2005:Sheraton 2006:Port Orleans Riverside 2007:Animal Kingdom Lodge 2008:BWV & OKW 2009:BWV & Vero Beach, RPH 2010:VILLA & HRH & BWV 2011:BWV & Vero Beach & HRH 2012:Vero Beach & OKW & BWV & HRH 2013:OKW & HRH & BWV 2014:OKW & BWV Mortgage free 2015:
skelfbsfb is offline   Reply With Quote
Reply



Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

facebooktwitterpinterestgoogle plusyoutubeDIS Updates
GET OUR DIS UPDATES DELIVERED BY EMAIL



All times are GMT -5. The time now is 06:57 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.

Copyright © 1997-2014, Werner Technologies, LLC. All Rights Reserved.