RCI TPU on a late deposit

[bryanphunter]

I bought an oceanfront unit at Kauai Beach Villa's this past summer. I was able to reserve a week for the end of this year.

I've tried to rent it on the TUG marketplace, Ebay, Redweek, etc..... so far no luck.

The resort reservations rep said I needed to deposit the unit 45 days before the check-in date with RCI. I signed up with RCI, haven't deposited the week yet and am wondering if I should or if I still can.

On the RCI Deposit calculator, I'm at the 15-30 day mark and my TPU's would be 14. All my current resorts are II, so I don't have a great knowledge base for RCI and TPU levels.

Should I cut my losses and deposit now?

 

[travelguy]

What other option do you have considering that RCI TPU value for your resort at 0 days = 0?

 

[MichaelColey]

31 days is the cutoff I would shoot for in the future (you still get 80% of the value for 31-90 days), but do you have any better choice at this point? At 15-30 days, you're getting 60% of the full value.

What is 14 TPU worth to you? $280? Maybe you should try to rent it for $300 or $350 instead?

What do you plan on doing with the ownership in the future? Use it? Rent it? Exchange it? Whatever you do, it's probably best to get your 2012 week paid for and reserved ASAP so you can pick the best week for your plans (max TPU if exchanging, best rental week if renting, best vacation week if using, etc.).

 

[bryanphunter]

31 days is the cutoff I would shoot for in the future (you still get 80% of the value for 31-90 days), but do you have any better choice at this point? At 15-30 days, you're getting 60% of the full value.

I'll deposit into RCI, if it doesn't rent by 21 days out

What is 14 TPU worth to you? $280? Maybe you should try to rent it for $300 or $350 instead?

I'll make sure I have best offer in my rental ad.

What do you plan on doing with the ownership in the future? Use it? Rent it? Exchange it? Whatever you do, it's probably best to get your 2012 week paid for and reserved ASAP so you can pick the best week for your plans (max TPU if exchanging, best rental week if renting, best vacation week if using, etc.).

I have WKORV booked for two weeks in January 2012. That's why I'm not using my December 2011 usage. I have the 4th of July week in 2012 reserved which will allow me to rent a prime week, if I choose to. The TPU if I deposit 2012 in RCI will give me 29. I definitely plan on using my KBV in 2013.

 

[JudyS]

I bought an oceanfront unit at Kauai Beach Villa's this past summer. I was able to reserve a week for the end of this year.

I've tried to rent it on the TUG marketplace, Ebay, Redweek, etc..... so far no luck. ...

I rent quite a few timeshares each year, and I find that many don't rent until the last minute--like a couple of days out. However, that is for mainland timeshares, not Hawaii. I really don't know when Hawaii timeshares rent.

What is airfare from the west coast? If airfare is still reasonable, this may still rent.

Also, it depends on what dates your timeshare is for. I realize you don't want to give the exact dates so as not to violate the rules on rental ads, but if this is for Christmas, I'd keep trying to rent.

Renting out timeshares can be nerve-wracking. Unless you own in a system that lets you cancel at the last minute, you have to take the risk that a week will sit empty.