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Considering Biannual Wyndham Purchase

bphawk64

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Hello

I previously received so much great advice from everyone here that I thought I would ask one more question. I have pretty much decided to look for a resale at 210k points or to be able to book what we would be interested in but am seeing quite a few that look attractive to me. My question is...what are the downsides to purchasing a biannual points plan, if any? If all points aren't used are they lost or can they still be banked, etc? I'm thinking that if we end up really loving having the timeshare I can always look for another biannual plan on the opposite years even though I do realize there would be drawbacks to doing that.

This seems like it may be a good way to try out the timeshare travel scene without breaking the bank. Any thoughts?
 

vacationhopeful

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Biennual contracts drive ME nuts. The worst one is where I own both the even year and the odd year of a fixed week except a prior owners converted one to fixed week to points ... and ARP for a converted fixed week is ONLY the underlying week. I use the week for myself -- never the points.

Plus, it you own TWO contracts to matchup .. you have to pay the $299 transfer fee TWICE.

Now, if you are torn between which resort to have ARP at, then the Biennual ownership would solve that problem.
 
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Roger830

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There are some situations where it works if you have multiple contracts.

With 210,000 points you have a good amount to use arp at a resort that you don't want to use each year. Also you can credit pool every other year so that you can use all of your points while saving $39.

The downside with one 210,000 contract, which is 105,000 each year is each year you will pay the minimum program fee $118 instead of 55 cents per 1000 points.
 

theo

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Word police weigh in...

Biannual = occurring twice a year, or semi-annual.

Biennial = occurring every two years, or every other year.

There are certainly biennial timeshare ownerships (odd or even years), but to the best of my knowledge "biannual" timeshare ownerships do not exist. Just sayin'. :ignore:
 
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vacationhopeful

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The original village at Shawnee was sold fixed weeks - must buy 2 weeks - one Prime and the other off season. You have to watch eBay ads to make sure what you are buying ... the one recent ebay seller was actually stating the ownership correctly as "deeded 2/52ths of unit 123".
 

Bigrob

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Generally speaking, I'm with Linda on preference for annual contracts. I really think biennial contracts (where the total number of points are awarded every other year) really work best when you in fact only plan on using points every other year. Another example would be fixed weeks in Hawaii - these are often sold as 2 biennial weeks together, since it's expensive to get there and people often want to stay longer than a week.

For most purposes, I tend to think annual contracts are the best fit; you have the flexibility to use the credit pool if you need to gain additional flexibility in terms of when you use the points.
 

theo

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