frank808
TUG Member
- Joined
- Jan 6, 2010
- Messages
- 4,292
- Reaction score
- 2,478
- Location
- Marriott Ko Olina Beach Club
- Resorts Owned
- Disney Vacation Club (Aulani,SSR,VGC,VGF) Hilton Grand Vacation Club(Bay Club, Kohala Suites, The District) Marriott Vacation Club (Aruba Surf Club, Grand Residence, Grand Chateau, Grand Vista,Harbour Lake, KoOlina,Willow Ridge & DC points)
Where have you seen NCV rentals in the summer month of July for $3000? I would rent that from an owner. ThanksGood luck to them getting savvy owners to convert at that rate. WKV Plat rents for around $4000-$4500. The rental value of 4050 DC points is $2800, maybe slightly less. So, around a $1500 disparity in value lost in the points conversion.
Another way to look at it - There are actually decent exchanges to be had within the MVC system for 4050 points, but a peak summer week at Newport Coast, for example is 4725 DC points. Converting to points, an owner would have a tough time making that exchange - they'd have to rent another 700 points for around $500. On the other hand, one can rent out WKV for $4000 rather easily, and rent a summer week 2BR at NCV for $3000 and come out $1000 ahead. So again, a disparity of at least $1500 in value ($1000 inflow, vs $500 outflow).
While most people prefer convenience and may view rental transactions as a hassle, $1500 is too much of a disparity in value to ignore.
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