David's Vacation Club Rentals now offering $11.00 per point for renting your points..

[JohnStorey]

Just rented out all this years points (697), so so easy, 3 seperate bookings & 1st payment for all 3 reservations is in our bank account already, when we receive 2nd payments later in the year we will put it towards paying next years dues. As posted previously on here due to a huge change in our working lives meant a really big sit down to think about keeping or selling our membership. Renting out the points every 2nd year means we can still go to USA every other year, not a bad compromise. The next few weeks will be hard though as this is when we would normally be making our trip over, it was also hard making the reservations for other people & not ourselves, ho hum such is life. Thanks 'David's Rentals'.

[Daddio]

Originally Posted by JohnStorey

Just rented out all this years points (697), so so easy, 3 seperate bookings & 1st payment for all 3 reservations is in our bank account already, when we receive 2nd payments later in the year we will put it towards paying next years dues. As posted previously on here due to a huge change in our working lives meant a really big sit down to think about keeping or selling our membership. Renting out the points every 2nd year means we can still go to USA every other year, not a bad compromise. The next few weeks will be hard though as this is when we would normally be making our trip over, it was also hard making the reservations for other people & not ourselves, ho hum such is life. Thanks 'David's Rentals'.

No JohnStorey, "Thank YOU" and all our other members for using our services. I look forward to working with all of you again in the future.

~ David

[Tower of terror]

so, you are all saying that you can cover your dues and much more by renting your points out? I want to buy into a resale, but have wondered whether could get there often enough with flight prices etc - wife is a teacher so stuck with holiday times.

[Minniesgal]

Originally Posted by Tower of terror

so, you are all saying that you can cover your dues and much more by renting your points out? I want to buy into a resale, but have wondered whether could get there often enough with flight prices etc - wife is a teacher so stuck with holiday times.

When we bought we only bought enough points to go once every three years initially so we wouldn't be hit with massive flight bills more often than now. Of course it didn't take long before we added on to be able to go every other year but thats another story.

[zavandor]

Originally Posted by Tower of terror

so, you are all saying that you can cover your dues and much more by renting your points out?

There is one thread at the moment discussing the economics of buying points to rent:

http://www.disboards.com/showthread.php?t=3093206

At the moment, it's possible to get easily 11$ per point renting them with David (I did it and it was very hassle free), while for SSR you pay less than 5$ per point in Maintenance fees. So if you rent less than half your points, you can repay the maintenance fees on all your points.
But this is the situation at the moment: none knows what will happen in the future. Disney might change reservations rules to make impossible or impractical to book for others, or the rental market might crash, or MF might skyrocket.
So it's better to buy only the points you think you need and not overbuying with the intention of renting.

[DisneyBB]

We have used David for the last 2 years. It is very quick and easy. Has anyone found a way of getting the money out of Paypal without converting to £'s? DVC has said we cannot use Paypal to pay dues. So the only way would be to open a bank account in he US. Thought about opening a citi dollar account but it still be converted from $ to £ back to $ by our banking system!

[Samaya]

Just noticed that David has recently increased the price to rent points from $13.00 a point to $14.00, anyone know when this took effect?

I supposed it had to happen sooner than later as rental prices have increased on the DisBoards and a few months back David's Rental's started offering $11.00 to DVC owners so still keeping to that $3.00 difference.

Just checked some of the rental threads by owners and $12.00 seems to be the new average, with one or two as high as $13.00.