Renting DVC Points: Why We DON'T Do It
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- Опубликовано: 11 июн 2019
- This is my #1 most requested video and I've put off doing it but here it is: all about renting Disney Vacation Club points and why we DON'T do it. For some people, it may be the perfect way to save money on their Walt Disney World vacation, but not for us.
#disneyvacationclub #rentingdvcpoints
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Thanks for doing this video. We didn’t rent when we went back in February and didn’t even think about looking into renting those points. After the fact I wondered if it could have saved us big time. It’s just something to think about.
It’s definitely worth looking into! Works really well for some people. And all those thumbs down tells me they don’t like it when you say it doesn’t work for you.🤣🤣🥰
I can definitely see why you don't rent. Coming from someone that has rented a lot before buying our DVC, not all brokers request full payment up front. That is why we never went with David's. DVC Rental store, who we always went through, requires a deposit but not the whole amount up front. Going with the kiddos, we know stuff happens so we add the"Points Protection Plan' which allowed us to cancel up to 3 days before check-in. It was definitely worth the $1.90 per point.
I don't disagree with you that there is a lack of flexibility on the renters end and that you do have to prepare to plan ahead, however, for our family, we still save a good amount of money renting the deluxe resorts vs going through Disney... even with passholder discounts. Especially now that they have added parking fees...grrrr.
Neverland Family yes, this is who we are going through and didn’t have to everything up front which was refreshing to see considering other brokers do. I would never rent or even take a trip without any kind of insurance so we opted into the protection plan just in case!!! Lol hopefully we don’t have to use it. We also never get to take advantage of the free dining plan that Disney offers because we already have our AP’s :(
Yeah the parking!!! Double grrrrr!!!!!
Neverland Family...we watched your video and went with DVC Rental Store and bought the insurance. We're EXTREMELY pleased with the service...THANKS for the video you posted. We've got 2 trips coming in the next 9 months because of it!
Audrey Blinstrub that’s great!!!! Have a great time!
I dont think they do this anymore unfortunately, the "protection plan" is bult in to each trip now and it only refunds you 100% if you cancel 120 days before or more which is pretty unrealistic. 120-61 days gives back 75%, 60-16 50%, 15-4 25%, 3-0 0%...... does anyone know of any other place you can rent dvc from that has a better policy than this?
Renting points for the second time to stay at Bay Lake tower, though David’s. Process works for us, huge savings, and we buy insurance.
It totally can work for some people and yes, we love David's!
I am SO glad you made this video! I've always wondered about renting points. You've given me a LOT to think about.
I’m so glad it helped!!😍
Yes, Jen, this was helpful. I have often wondered about the pros and cons of renting. We too have our DVC trips and cash room trips.
Hi Jen, found an older video that I haven’t seen, this is a great video on the topic of renting DVC points for visiting Disney, I agree with your assessment completely! Ken
Great video-very helpful to me when I was looking into renting DVC points.
Thanks, Jen! We've waited so long for this!
Ah, now i feel bad! It took me so long because I was trying to figure out how to share the information in a realistic way without being a Debbie downer! And also there was math involved.🤣🤣😍😍😍
It was well worth the wait! The math would have immediately ruled this one out for me- thanks for taking one for the team!
We always rent and love it! We have never had a problem. We just get insurance if we are spending a lot (like a long stay in a larger unit).
You really hit the nail on the head! As an AP, I just scored water view at the for $15 less than a standard, undiscounted room, and it was so easy to change my reservation MYSELF. I love doing boujee Disney (hello club-level-monorail-loop-room-service spree!) as much as anyone, so I’ve thought about the savings options at Deluxes with renting points, but I’m firmly on team no points for all of the reasons you shared. Love the video!
Thank you, Jennifer!! I know some people do it all the time and swear by it but it’s just not for us.🥰
Thanks for this video Jen! Love your videos and all your details ☺️
Thank you so much, Stephany!! Your kind words are really appreciated.😍
Another great informative video! Perfect explanation as to the risks/concerns for renting points. We rented and it was awesome, but I completely agree with your concerns. Renting is absolutely NOT for everyone. We rented points from David's for our Disneyland trip in February and it was a great experience. I'm a hardcore planner, who could do 6 separate requests until they found one that fit for us. We had flexibility in selecting the date initially, then once the DVC was booked, I proceeded to book the flights for our 9 family members from 4 states and made arrangements for 5 kids to be out of school. So for us, there was no switching/canceling/changing plans - but I absolutely bought insurance! We got an amazing DVC 2 bedroom suite at the Grand Californian for a couple hundred dollars more than 2 standard rooms at the Paradise Pier. Having 3 special needs kiddos with feeding difficulties and 3 teenagers - it was vital we had a kitchen! Oh, and CONGRATULATIONS on 8K subscribers!!!!
Yes you’re totally a fantastic candidate for renting because of all the reasons you mention!! And thank you, Friend - you are definitely part of that success!!!🥰🥰🥰🥰🥰
I modify my reservations all the time too. I was thinking of renting points but have decided not too because if my grandaughter gets sick and we have to cancel. Last year she had to have surgery a week before we were supposed to go and disney was awesome allowing to change our reservation. Thank you for this video it has helped me alot.
This was a a fantastic video ❤️ I always wondered because I’ve never needed to rent points but I did wonder.
Thank you, Friend!!🥰🥰🥰
Great video! Totally understand your reasoning. Obviously we LOVE renting points 💁🏼♀️😉 But there are definitely pros and cons!
I hope i didn’t come across too negative because i really DO think it can be awesome as long as you understand the downsides. Thanks, Friend!!😍😍😍
Not at all!! It was super informative! And it really is helpful to know some of the downsides before you jump into renting points 👍🏼
Great video, Jen! I have always wondered how renting DVC points worked.
I’m so glad you like it, Liz!
Thank you for your video! We are considering renting points and I have been watching videos!
Some were a total waste of time…. Yours was SUPER helpful!
We may have a discount come up for our dates…. But I can’t imagine it would come out to as much savings as the DVC rental
Such great information in this video, Jen! 💜
Thank you!! I felt like there were a lot of videos that talk about the pros but there are a lot of cons and I wanted to go there.🤣😍
Your honesty is appreciated 🙂
Great information. I own DVC but as you said, points get used quickly! 👍🏻
Thank you for the information you gave me alot to think about
I am glad I am not the only one doing the math for vacations! We have never rented DVC points. We do get a military discount, and when I total it all up, to us it always seems like a better deal to not rent. That and I have never found availability for the resorts we want. But we don't plan 11 months in advance. more like 2 months. Not last minute, but might as well be.
For sure renting typically doesn’t work for very last minute!! Thanks for watching, Judi!
This video was spot on. Check, check and CHECK! Couldn’t agree more with all your opinions especially being in charge of my own vacation changes happen and I want that flexibility.
The flexibility is probably 75% of it for me! Maybe I’m a control freak, John, but when it comes to my money and vacations I think I get to be🤣😍
Wow...didn’t realize all of this. Seems really stressful. Thanks for this information, we were actually talking about renting for the Poly in 2020. Great video, Jen!
It can work as long as you know what you’re getting into! Reach out if you have any specific questions because for you and Kayla it *might* be a good call
Jen Lefforge Will do! We are going with friends and would be splitting the cost of the room, so maybe still not a bad idea, but I’m a control freak when it comes to planning. I’m probably one of the most detail oriented people I know.
Great information! We have never rented DVC points before and I doubt if we will. I like to control my planning, trip and changes too much! Thanks for sharing!
Yes my family tells me I have an issue with control.🤣🤣😍
This is great information. I rented points for my upcoming stay at the Boardwalk in July. I was very happy with the process and the amount of money I saved, but I can understand why it’s not for everyone. In my case, it was better that I paid for the room well ahead of time, rather than 30 days prior.
And for some people that’s totally the case! We have a vacation coming up in CA and used VRBO and although i didn’t love paying up front I do love that there will be no Bill when we leave.😍
This is great! Sending it to a family member who is looking into this option.
GREAT!! Super glad to be of help, Erin!
Extremely informative thank you Jen. Love your ears😁
Thank you so much, Wendy!!
I thought this was a very fair representation of some of the pros and cons of renting DVC points. I got a lot of useful information from the video.
Great information Jen , thank you😀👍
You are most welcome, Freddie.🥰
Great video! I love all of the information.
Thanks, Caitlin!!😍
Very helpful thank you!
Thanks Jen! That was very helpful info. We are planning on renting points for a big family holiday in 3 years when my daughter (the baby of the family) graduates from Nursing College. There will be 8 of us and I have some hesitancy about renting points. We want to be on Disney property so that everyone can do their own thing, no rental cars etc. My husband and I are underwriting the cost of the accommodation and the kids and their partners have to pay airfare from Ireland and other essentials. We HAVE to plan way out because there are 8 of us, that being said I doubt any of them will cancel and if one of them does there will still be plenty of us travelling 😂😂😂.
You’ve hit on a scenario where it actually makes sense, Anne Marie! 🥰
Soooo thorough. Love it
Thank you! I maybe over researched but if I’m gonna do these kind of videos I want them to be accurate!🤣😍
We are doing a lot of research for our Honeymoon in 2021. This was very informative :)
Oh I'm so glad! And congratulations!!
We have never rented points and I suspect we never will. We enjoy flexibility and change reservations all the time. We are also price conscious which is why we usually end up staying at a value or moderate resort. I do see how it could be a great deal for some but not for us. Great video! Lots of useful information!
I'm so glad you like it, Valerie!!
I am a CM so I never have to worry about getting a good rate. I just love your videos ❤️
I’m honored, Claudia, thank you!! Dm me on one of the things where you’re making magic so i can come say hi!!😍😍😍
I just booked in January 2022 with DVC Rental Store: Polynesian Standard Studio for literally $1400 off the rack rate! Did the math, and even if I could eventually get 30% discount, I still save $700. Also, DVC Rental store has a cancellation policy where you get all funds (or percentage depending on WHEN you cancel) paid as credits toward a future booking. But, with that said, I understand completely why you don't. I probably wouldn't either if my trip was less than 11 months out anyway! Great video. You've gained a new subscriber!
Sounds like you got a great deal! And thank you so much for subscribing!! I'm really glad you're here.
This had a lot of great points! DVC rental can definitely be a little scary... 😬 we do hope to try it someday though!
Well if I ever have extra points that I can't use, I'll let you know. However the odds of this happening are statistically slim to none but you never know.
I've rented points multiple times before, always direct from a member and love it. Saved a lot of money and had free parking and a kitchenette for breakfast/snacks in the room. Of course we fly so when we commit to a stay and we go. I would buy insurance if I was concerned about cancellation. I see you are a dvc member and driving distance so not the typical once a year visitor. We are now dvc as well. But in the past we always stayed more than a week and that savings is huge over 8-10 nights.
You look so great today! Now I'm going to have to buy purple potion ears in 28 days when we go. Thanks a lot ;)
Lol yeah i seem to be good at getting people to spend their money!🤣😍 And thank you!
Great video with lots of information. Interesting topic and I like how you always stress that this is your way and reasons but it can work for others. I am a very visual person so when there is a lot of info and numbers I like to see them on the screen especially when it's about comparison. Even when you talk about it you gesture to your right and left hand side so maybe put in some graphics? Again, this is a personal preference so maybe not at all your style. But I think I hade the same "issue" with the collab you did for your with/without dining plan videos.
Great feedback! Thanks! And yes definitely didn’t want anyone thinking that I’m saying it’s wrong for all - not at all! Just doesn’t fit us. Thanks, Annelie!
I hope that some of my potential clients are watching this. I can't tell you how many people do not go through a travel agency due to the lure of saving money with DVC points. I appreciate all of this information Jen. Thanks for sharing.
I’m so glad, Jen! My hope was just to make sure people understood what they’re getting into and sounds like I achieved it. Saving money isn’t always the only objective!😍
@Jens Happy Home that is exactly why I didn't rent DVC. No way I'm giving up my amazing travel agent.
Cindy Ellacott so glad that you appreciate the value of a great agent!😊
I am one of those people who has asked. Thank you been waiting for this video
Sorry it took me so long, Debbie!!😍
Please no worries. I appreciate that you took the time to do it. I was thinking of renting but now I know it wouldn’t be an option for my family. So thank you
I don’t plan on going on a Disney trip every year, so I’m leaning towards renting for our WDW trip next year Dec. 2021.
We haven't rented for lots of these reasons. Great video!
Thank you, Friend!
I was just thinking yesterday I wish you would do this video!!
I know. Because I always know. I'm just kidding. That would be creepy.
Great video! Very informative 🙂
Thank you, Lauren!
Thanks for the great video! Having to pay in full is what has stopped us so far from renting points. We like being able to put down a small deposit and pay over the course of a few months. Right now, that works better for us financially. But, we would like to save up and rent at some point because I'd love to stay deluxe and this might be the only way we can swing it.
Totally get this and it can be a good option, depending on the trip, just doesn’t work for us. Thanks for watching, Ashley!
Thanks Jen! very helpful! I'm still on the fence with if I want to be a DVC member.
There is so much to think about, Amy! Good luck on your journey - truly it took us about 2 years to finally decide and it's really why I started doing videos about it.
Let me just say, I know NOTHING...or let me correct myself, I knew NOTHING about renting DVC points before this video. Thanks for educating me. Needless to say this most likely isn't for me either, for some of your same reasons..and for different reasons too. BUT...I've always been curious and now know. Ahhhh the gift of knowledge and insight is a beautiful thing.
Yay!! So glad you liked it and you know stuff now!
Very helpful!
Thank you very informative. 👍
I’m so glad!! I was trying to not sound too negative and it can be a great idea for some people! Just not us.
7999 subscribers! Another milestone moments away. Love from NOLA!
Can you even believe it, Johnnie!! Such a crazy journey and THANK YOU!!!🥰🥰🥰
Oh good, you just read MY list of hesitations for renting DVC points! 😂
YUP. It’s all very true!!🤣😍
With COVID-19, I am so sorry I booked through Dave’s. We have November reservations and have no options to switch or cancel. Who knew a pandemic would hit?
Very informative!!
Thanks, Jenn!! I'm so glad you liked it!
also if you price out the dvc rental and add in tickets it will put you way over. Depending on the time you are going. tickets for 3 days can cost $1840.00.
There are many, who rent their points, and allow flexibility, if emergencies come up. They are also less expensive than the brokers. I love getting deluxe villas, for the cost of a moderate, and we get tickets through less expensive places, as well. Love cooking, and cutting back on the junk food. This is the only way I do it, now. Looking forward to several trips, coming up!
How do you find those??
Hello Jen. This is very interesting. Although, i may have a little suggestion. I am kind of a visual person and also, as english is not my primary language, it would be great if you would add the numbers visually (in text) in your vlog. As the numbers are pretty high, I often have to go back to hear them again and translate. By the way, it is always a pleasure to be part of your followers and hope to have the chance to say hello in person some day. Next trip will be in October. So, for now, hi from Quebec/Canada. Bonjour et bonsoir. :-) xx
Hi there. The payment procedure has changed. With DVC rental store, we booked a villa at OKW for this October. We paid a $100 deposit, then 20% once the reservation was secured and the rest is due in July, 90 days before arrival.
I'm from Europe, so a trip to Disney World is gonna be a lot of planning before hand anyway. But I was wondering if I have a cancellation insurance if that would work just the same way as it would normally do?
Great video! ☺️ This was definitely helpful. I’m very much a planner and someone who has to be in control with vacation planning. I’ve always wondered about renting points because so many people talk about the savings
I think they’re mostly comparing to rack rate and we are able to fine a discount almost every time we go! I’m glad you found it helpful!
OMG Jen, I just saw your rainbow ears!!! That’s awesome, thank you for your support. This is Rogelio, John’s husband :)
We got stuck in a bind renting points this coming September before we became owners and Jen gave us some pointers! Hi Rogelio :) ❤️
Rogelio!! I'm so glad to hear from you! Yes, aren't they the best? I always have them but they got a more prominent spot for Pride month. Thank you!
I own at a small contract VGC but when we go to WDW next we plan on renting points to stay at the Polynesian. I think renting points is great but you need to be a planner.
Totally agree, Carrie!!
Thank you for the video. There are always pros and cons to everything and renting points seems to be the same way. I had been curious about the rental process and have even looked at what the cost would be for a week, but the no cancellation thing always bothered me so we are unlikely to ever rent points. Also, I am way to much of a control freak with my vacations to just sit and wait for other people to do what I want. :-)
Yes I am the first to admit this may be my number one issue - I am a control freak!🤣😍
Nothing wrong with being a control freak. It makes life easier for everyone! After all, it is not like the people in our lives don't know we are :-)
I don't understand why it's called "renting" points rather than "buying" points. The DVC owner doesn't have those points after you use them, so it seems you're buying them, not renting them. This is a very clear, balanced evaluation. I think renting will work for me when I'm retired. I'll have a lot of flexibility then.
Makes a good point but from what I’ve seen when doing the math when you rent and add even the most expensive insurance you can find you would still save almost half off sometimes.....
Sorry a bit late to watch this Jen. Ugh I thought I was so ahead of the curve. We just wanted to be near Disney Springs so I rented DVC points for SS. There ended up being 3 of us and we only have a standard room. Doesn’t have 2 beds. Just a bed and pull out couch. Not our preference. Second I had no idea I wouldn’t be eligible for the dining promotion. I know I’m saving on the room but I could have booked Pop with refurbished rooms and 2 beds for less and gotten the dining promotion. I would have just paid to upgrade to the standard plan. And I’m also dealing with this back and forth with the broker. We added an additional night which is considered a second reservation. The member added our 3 rd guest to the second reservation but not the first. So, we have yet to add dining because we are waiting. I did pay the $199 per reservation for insurance just in case we absolutely needed to cancel so we could cancel if absolutely necessary. So that cost me $400 instead of $200 because I booked that last night and it’s considered another reservation. Grrrrrrrrr. I don’t think I would do this again. I always think I have got it all covered and I mess up every time!!!
First of all you did not mess anything up and you will still have a fabulous vacation so go and give yourself a break immediately!🥰🥰🥰🥰And you will love Saratoga and being able to walk to Disney springs and the pool there is amazing! I refuse to allow you to beat yourself up over this!!!!💐💐💐💐
Jen Lefforge thank you. I know we will still have a blast. It’s Disney! And we learn each time we make a mistake! ❤️
Well, for some families for around the same price for a moderate, renting points may be their only way of experiencing a deluxe resort. They're likely willing to give up that lack of control, book that far in advance, take the risks involved in trip interruptions, etc. just to stay in a resort they've dreamed at staying. I've personally never rented points or have an interest in DVC (I'm a TA, AP & my husband is Active Duty Army, so with our discounts we do much better) but for some, it can make or break a trip. It's definitely not to be knocked. Everyone does Disney differently!!
Totally get that! Thanks for watching, Adele!
My boyfriend and I are planning to go in May. We know what dates and everything now we’re just trying to cut costs. Looking on Disney’s website the cheapest option is almost $200 a night, but on David’s Vacation Rentals I found that I can safe a ton of money doing it that way! We’re both in college and this trip would be right after we get out of school so nothing should conflict. I am wanting to save as much money as possible so which way should I go? Hopefully someone can help me in this comment section lol
Great Video 👍🏼
Thank you, Andrea!!!!🥰
We rented in 2018 at Akl studio for 9 days 8 nights. It was $300 cheaper than booking at any moderate. We booked through dvc rental and added insurance, so without the insurance it would have been even bigger savings.
I know you comment is old… but did you use David’s? We are planning to go through them.
@@CD-sj7oj yes, we did.
@@ohboy2592 and you liked them? Did you feel it was reputable?
@@CD-sj7oj yes. I would use them again. Some of our friends have used them as well.
So what benefit does the insurance provide? If there is no way to cancel/get refund, what protection does the insurance offer?I'm looking at David's, also.
I honestly don’t know as we’ve never purchased it but I’m assuming it’s like any travel insurance and would cover you if you had to cancel for a qualified reason.🥰
Everything you said is exactly why we bought resale. We were looking at renting for right around $4000 next August for a big family trip. 2 bedroom AKL. Instead we were lucky enough to have to be able to take that money add some more and buy a 160 point contract resale. We do not like not having flexibility. And I am a Virgo and I want to make my own plans 😂😂
First of all, congrats on your contract! I was just adding up the cash value of all our stays this year and I so hear you! We like the 2 bedrooms as well so renting or cash all of it was just too much for our big family trips!!😍
This was very helpful, i am considering it for the first time. I was wondering, does anyo e know how fastpass reservations work with renting points? Will you still be able to go into your disney experience app 60 days in advance?
As long as you link your Disney tickets yes you can reserve your fast passes 60 days out. We just stayed at AKL with renting DVC points and got our fast passes like we always do when buying through Disney.
We were in the Park 18 Dec, 2020. WDW does not offer Fast Pass at this time.
I just crunched the numbers for my stay. I’m at Beach club from September 17-23. I rented for $1656 in a standard studio. Rack room price is over $3100. I’m down there for a work conference so my dates didn’t need to be flexible. I’m usually a planner so booking far out doesn’t bother me too much. I had similar savings at BLT two years ago as well. Different strokes for different folks.
Totally agree that over rack rate you save BIG TIME. We are super lucky to get good deals, but it can definitely be the right call in the right situation! And btw, shat sounds like a great trip! I'll be down there for part of it so if you see a very loud woman with a camera, stop and say hi!!
Jen Lefforge my gf and I are doing adult things while down there. Nothing too overplanned. Just a couple reservations. Unfortunately I’ll have to attend some meetings while she’s hanging out by the pool
I’m renting points for a second time this September. I didn’t go through a broker. I just found someone renting points on a message board. Haven’t had an issue thus far.
See that scares me but I’m sure it will be fine! I’m just not that brave!! 🤣😍
Interested in renting points to ‘try before we buy’. We’ve been half a dozen times in the last dozen years but always stayed off resort in a house so this would be a change and the biggest challenge we foresee is not having our own private pool.
Hi Jen. It’d be great to see a vid of any comparisons or pros/cons to staying on resort Vs off resort in similar environment Vs off resort in a house. And perhaps a vid on trying before buying. I hope you and the Lefforge clan are staying safe.
Have you ever rented a confirmed reservation? A friend of mine has done this both through a broker and directly through the owners on eBay. This is great for last minute reservations.
We haven’t but I have been tempted a few times! There’s never been one that worked with my schedule.
Why do you need to contact dvc member to add dining plan?
The savings are much greater if you stay in a larger accommodation.
Personally I wouldn’t because it’s always cheaper to pay off site fees and on site parking at a discounted hotel room at 100/night than to stay on site. They can get up to 1000/night even during the off-season.
So I have rented DVC points for stays at both Boardwalk Villas and Poly Villas. Saved a TON. purchased Travel Insurance for not very much so I am covered. No way could I have afforded either the Boardwalk or Poly without renting DVC points. Rented through Davids. Smooth process. yep, have to pay up front.
I usually tell people who are interested in DVC to rent points to stay at the resorts they are interested in buying into, or just to rent in general to see if they like the villas. But I agree that the process overall can be a hassle. Am I recalling correctly if you are already a DVC member you can rent points and get them transferred so you have more control of the reservation process? Oddly enough I have found myself with some points I am likely going have to rent them out or convert them to RCI or lose them.... unless I can modify my current January reservation at the 7-month mark to a 2 bedroom villa. But I am also wary of using a rental company to broker the deal if I can avoid it. Not because they are shady or anything I just rather rent to someone I know, so these hassles are not as big of a deal. Plus I don't lose anything if I rent for the rate I would have gotten from a broker, and give someone I know a magical experience. Thanks for highlighting the downsides of renting that are not always clear.
Dean, I can transfer points into my account if I do that with an individual but not with a broker. Thanks for watching and I hope you can get the reservation you want!!
Not everyone lives close enough to Disney to make weekend trips in a cost effective manner, even with Annual Pass discounts, Airfare isn't free, and can easily add several hundred dollars to a weekend trip. And "last minute" airfares are prohibitive. Most people in the middle of America DO plan trips more than 7 months out, making DVC and point rentals a viable option, especially for larger groups needing a two or three bedroom unit. Also, you are forgetting the cost of food. With DVC every unit has a fridge and microwave, 1 bedroom and larger DVC units have full kitchens, having just returned, we saved a ton of $ by having breakfast in our villa, a table service lunch in the parks, and then making sandwiches in the room for dinner, except for the night we did the fireworks dessert party.
Right that’s why I make the point that it does work well for some people and even said who we like for rentals. And yes great point in the full kitchens! As DVC members we love having a full kitchen 😍
I rent points from my aunt. She gives me an unbeatable rate per point ($10) and if need be I can cancel. She has 650 points between BWV and BLT, so always points available unless she’s rented them out through David’s. I never should have told her about them
Yes let’s not tell her!! And you have a very sweet deal there!!🥰🥰🥰
We always rent points but due to the distance that we come (Vancouver Island) we always plan 11 months out anyway. We are saving a ton by renting - you do obviously save more when you move up a category, say from a studio to a 1 bedroom. This September we are staying 7 nights at the Poly for $1888.00 - if I were to pay cash and book through Disney it would be $4249.15 including tax. We could never, ever in our lifetime pay that much. So we are saving $1463.85 and we get to stay at a resort that we never thought would be possible. Of course, your mileage may vary depending on the resort and time of year - but for us, it is definitely worth it. We thought about buying DVC but we only come every other year or two. We figure, let someone else pay the member dues? At least it really works well for us.
I'm so glad! It really does work well if you can plan that far in advance.
I think you are making a huge mistake by only using David's vacation rental as a reference for cancellation policy and payment instead of other good options out there for renting DVC points such as DVC Rental Store that can give you a credit that you can use in full if you need to reschedule or cancel your reservation and also allow you pay in parts.
Thanks for sharing your thoughts! Just wanted to share our recent experience. A standard room at animal kingdom lodge for our week is $3800 (on a discount site) not including parking. Dvc is $1500 for the same dates. Both standard rooms. We ended up booking a 2 bedroom villa instead for $4100. So $300 more than the rate of the standard studio if purchased normally. Not sure we will ever book any other way unless we do a quick get away and can’t get a resort we want.
Just wondering when you said you have used David's Rentals many times was this before buying DVC? I would suggest to people that maybe they should consider renting points at a DVC they are looking to purchase before they commit to a big financial decision! Unfortunately some people buy a home resort without even staying in it first to make sure it's what they really like! Another point is the insurance isn't that much if the owner doesn't already have it! DVC rooms are also great because they can accommodate a big family as opposed to having to get two or more traditional rooms! Often times some last minute cancellations are available through resale stores for a little less if you can swing a quick last minute! You are right that the most wanted resorts will have no rentals available...BW and Beach with Star Wars opening is hard to get!
Seriously availability after star wars opening is ridiculously low! I’ve been checking on some dates (with our own points) and there is zilch! Thanks for watching - great comment! Oh and I’ve rented only since being an owner but yes I agree you should stay at a potential home resort before buying!!
Thanks for this great video! We recently just rented DVC points through David's for our trip to Aulani next year. Without renting points, it would have been much harder to swing financially for us, so I'm glad we did. But, again it's just my husband and me (no kids yet), so that helps a little with being able to plan that far out. But, I do agree with you. I like to have the ability to upgrade my hotel and watch for deals at WDW, so I don't necessarily think I would rent points there (unless I was able to book Boardwalk, my bucket list resort). :)
And every trip is a little different so sounds like for you, for this particular trip, it was a great idea! Did you love Aulani?! We love it there!!
@@JenLefforge We are heading to Aulani in April. I am beyond excited!! :)
While I haven't read every single comment, I don't see anything about renting points for transfer. I know the timeshare store offers this. It's only for existing DVC owners, but you can rent points and have the points (one time) transferred into your account. Then for the duration of those points, they're treated like your own for booking and modifying. It would be like banked points in that they expire when they expire and can't be banked. The one time I rented points, that's how I did it. Although I rented directly from a friend who had points she wanted to rent out and we didn't go through a broker. That gives existing members more flexibility when renting.
Yeaaaaa my wife being the planner would definitely not like renting lol she has to have control of everything it already drives her crazy that she can’t make reservations for California like we can Disney world
Yes CA planning is so weird! We are headed there next month and I keep feeling like i should be doing more to get ready!🥰
FYI...David's Vacation Rentals is based out of Canada. If you are a US resident, and use a credit card for your transaction, there is a possibility of having to pay foreign transaction fees. This will increase your cost.
Great point, Nicole!
The no cancellation policy (and paying the total up front) would totally not work for me. I don't mind planning a year in advance but having to pay the total at time of booking on top of the possibility of losing my money in case of an emergency would be a big issue.
Yeah you and I have both had things crop up that means Disney isn’t going to happen. It’s a bummer for sure but it can’t also mean we are out money!!😳😍
@@JenLefforge exactly!
Why they don't: Answer starts at 2:57 (probably says a lot about the producer and lack of content)
I’m sorry? The producer is me and I have plenty of content. Loads of channels out there so feel free to move along if you don’t like this one! Have a magical day!
Valid reasons for not renting. But as a current DVC member it would be easier to transfer points from another member. Have you considered that approach?
Greeting from Oz.
What time is it there???
We have paid cash for a stay if we run out of points, just because I don't feel I am in control .
Yup. If I'm going to be completely honest that's a solid 75% of it for me.
Do you fly or drive to WDW ?
We’ve done both 😍