Market For Unused Funds?

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Dec 1, 2004, 12:16 am

#16

gregorygrady

Join Date: May 2003

Posts: 6,359

Quote:

Originally Posted by i_buy_swa

So you are a mega-seller. What is your ebay screen name?

Maybe Tino was just one of those people that you hear stories about that got duped on a $10,000 65" plasma TV by some shady Ebay seller in Russia. That would account for half of his $20,000 of buying and selling on Ebay. No wonder he's so bitter towards Ebay.

J/K You don't seem like the type to get duped Tino.

Dec 1, 2004, 12:35 am

#17

nsx

Moderator: Southwest Airlines, Capital One

Join Date: Sep 1999

Location: California

Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member

Posts: 21,624

Quote:

Originally Posted by Tino

That's why the market (according to eBay) pays a premium for paper-based award tickets.

I disagree. The premium for paper tickets is that they are easier for ticket brokers to handle. No need to identify the buyer before obtaining inventory from the seller. That means no delay in providing a ticket to the buyer.

Dec 9, 2004, 11:41 am

#18

nsx

Moderator: Southwest Airlines, Capital One

Join Date: Sep 1999

Location: California

Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member

Posts: 21,624

Ebay makes it safer than ever to book far ahead

Since there is a market for ticketless funds at over 80 percent of full value, and since SWA may even offer to refund your money if you are a major customer, the risk in booking non-refundable tickets far ahead is now truly minimal. I'm booking to the end of the schedule right now.

FWIW, I have found lately that availability LAX-OAK opens up quite a bit roughly 8 weeks before travel. The Change Reservation feature is then quite useful.

Dec 9, 2004, 12:53 pm

#19

Dan Burgess

Join Date: Sep 2003

Location: Hoffman Estates IL

Posts: 661

Quote:

Originally Posted by nsx

FWIW, I have found lately that availability LAX-OAK opens up quite a bit roughly 8 weeks before travel. The Change Reservation feature is then quite useful.

That's interesting -- any idea why it would open up 8 weeks out?

Being able to change one's reservation without penalty is one of the best aspects of flying WN.

Dec 9, 2004, 1:06 pm

#20

nsx

Moderator: Southwest Airlines, Capital One

Join Date: Sep 1999

Location: California

Programs: WN Companion Pass, A-list preferred, Hyatt Globalist; United Club Lietime (sic) Member

Posts: 21,624

Quote:

Originally Posted by Dan Burgess

That's interesting -- any idea why it would open up 8 weeks out?

Initial availability when the schedule first opens is much worse than it was a year ago. About 8 weeks out, they provide what I would consider normal availability. This must improve yield, but I can't explain how.

Dec 9, 2004, 2:44 pm

#21

Tino

Original Member

Join Date: May 1998

Location: St Petersburg, FL, USA

Posts: 2,253

Quote:

Originally Posted by gregorygrady

You don't seem like the type to get duped Tino.

Nope - never been duped on eBay, but I minimize the chance of that happening by merely skipping the deals that appear to be riskier than others for the amount of $$$ that I'm saving. I buy a LOT of travel-related material on eBay (a majority of the $20k), but I'm not going to give a complete stranger control over my flight plans just to save $20.

Dollar-denominated hotel gift certificates are another story - I am an infinite buyer at 75-80 cents on the dollar, and there are a lot of people selling into that price range.

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