[rlcarmichael]

Unlike WDW reservations where you can cancel almost up to the check in day, DVC points are SEVERELY restricted if you cancel. Most people are asking between $10-13 per point not including insurance, so I think $11 with is reasonable.

First, they have a time frame that they must be used in (use year) so if someone cancels close to the end of the use year, the chances of renting them again is REAL slim and the member looses the points. Under 30 days and they go into a short term use status known as "holding" - these can only be used for stays within 60 days which also makes them tough to rent.

Keep in mind that if you cancel, under my terms, you get all or most of your money back but the I may not be able to rent the points and still could end up loosing as much $7 per point. The smart thing for me to do would be to make them non-refundable and pay the insurance to cover me.

That's why insurance is important. Some agreements are strictly non refundable. I have offered it both ways in the past but now just include the cost.

Yes, the annual dues cost has risen 10% - like everything else. I also have the convience and protection of paying by credit card which costs me $0.29 per point rented. Insurance cost is roughly $0.25 per point. With costs going up - both the annual fee and cost to buy the points in the first place, more and more people are going to be charging more.

WDW rates have taken a pretty good jump in the last few years also. The room I stayed in at the Yacht Club last Christmas had a rack rate of $475 was showing $550 when I was there last month! PLUS TAX!!!