why rent your points?

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IleneF

The brave may not live forever, but the cautious d
Joined
Dec 15, 1999
Why would a member rent their points? Say I buy 150 points this use year..how long do I have before I must use them?
 
Well, some of us have personal reasons for renting points, ie., family illness, new babies, job losses; you name it.

The points you buy begin with what is called a use year. For ex., an August use year allows you to use the number of points you buy between August 1st of any year and ending July 31st of the following year. You also have the option of borrowing the same number of points forward or banking until the following year so that you can either take more vacations, use larger accommodations, longer vacations; the combinations are just about endless.

Say you bought 200 points beginning with an August use year. You have 200 points to use until July 31st 2003. Or, you can bank those points until your next use year, August of 2003-2004 so that you would have 400 points in that time frame. Or you can bank points, use those current points, and borrow forward from your August 2004-2005 use year so that you would then have 600 points available to use within the frame of your August 2003-2004 use year. You can only bank/borrow points within the scope of one year. If you bank points and then don't use them in the next use year, they are invalid.
 
Sometimes your plans change, and you end up not being able to visit WDW in a given year. Or, you choose to take a trip that you cannot trade or leverage DVC points (We're going to Venezuela next year...and won't find much need for DVC points on that trip!).

If your use year is Oct-Sept, then the points you are allotted on October 1, 2002, can be used throughout the current use year (through Sept 2003), or can be "banked" and used the following year (along with your next year's allotment). In addition, sometimes you may want to get a larger unit, take a cruise, visit DVC more than once in a given year, therefore you can borrow points. So, conceivably, in a given year, you could be using your point alottment from the prior year (if banked properly), the current year allotment, and borrowing the next year's allotment.

BTW, your "use year" is determined as your purchase your DVC points, and cannot be changed.

Hope this helps.;)
 
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