I think one miss on the calculations is the assumption that ALL of the owners points were purchased from the developer.
If you use creative ways to hit 1 million points (PIC two 3BR Gold Crown Red weeks, requalify a previous purchase, and a minimal developer purchase) then buy a larger number of resale points, you might hit the breakeven point much sooner. You get your full Platinum VIP discount on all of your points, so the cost is distributed over a larger number of points.
Of course the huge risk there is that Wyndham can (and probably will, based on history) change the rules numerous times along the way.
I still wouldn't do it, but I sure do appreciate all the VIP owners out there who rent out their points. For not much more than the MFs, you can rent from a VIP owner and get the most important VIP Benefits without being stuck with a huge upfront expense, risk, and ongoing commitment.
If you use creative ways to hit 1 million points (PIC two 3BR Gold Crown Red weeks, requalify a previous purchase, and a minimal developer purchase) then buy a larger number of resale points, you might hit the breakeven point much sooner. You get your full Platinum VIP discount on all of your points, so the cost is distributed over a larger number of points.
Of course the huge risk there is that Wyndham can (and probably will, based on history) change the rules numerous times along the way.
I still wouldn't do it, but I sure do appreciate all the VIP owners out there who rent out their points. For not much more than the MFs, you can rent from a VIP owner and get the most important VIP Benefits without being stuck with a huge upfront expense, risk, and ongoing commitment.