[ 2012 ] How much are you paying a Night?

[Ridewithme38]

So i was playing around with math a couple of days ago and figured my costs for vacations this year was around $2,094 for 24 nights...or about $87.25 a night

RCI 1yr = $89
2br Massanutten = $375 (7 nights)
2br Hershey = $566 (3 nights)
1br Patriots place = $465 (7 nights)(May deposit with RCI or Rent)
3br Governors Green = $599($189+$410)(7 Nights)

How much are you paying a Night this year for Vacationing?

 

[massvacationer]

are you including RCI trade fees?

 

[Ridewithme38]

are you including RCI trade fees?

I included the one year of membership i used to book these and the one exchange fee i used for the Governors Green weeks

I'm not sure if i should include the MF i paid this year on an Every Odd year ownership, when i won't be staying till next year...or deduct the 2 TPU left over in my RCI Account after the Governors Green Exchange

 

[Talent312]

This may sound heretical, but I do not consider low cost or competitive expense to be a priority for timesharing. Rather, its a lifestyle choice, one which works for some vacations and not so much for others. I'd rather focus more on whether it provided what I needed for what I was trying to do. But as always, whatever floats your boat.

 

[bobpark56]

Opportunity Costs

You seem to have forgotten opportunity costs...the $ you could have been earning from investing (instead) the $ you spent on purchasing your vacation ownerships.

 

[vckempson]

My overall cost for 6 weeks is about $70 a night. There's really 2 parts, though. I have the RCI exchange part which runs me about $60 a night for 3 or 4 weeks. Then I have the Wyndham part which runs about $80 a night for another 3 weeks a year.

I agree that I now worry most about getting the places I want, not the costs. With TPU's we all control our own destiny on how many we burn per exchange. My exchanges are typically 25 to 30 TPU's. Same concept with Wyndham points; how many points you use depends on when and where you travel and I use that to get what I want when I want it. My MF cost per point under both system is pretty cheap.

I got everything essentially for free so there's no opportunity cost to figure in.

 

[massvacationer]

about $95 per night (last year - 2011)

22 nights (7 of which were a RCI trade an the rest were via Wyndham Points) with a total cost of $2100 including maintenance and RCI trade fees. I also don't have material opportunity costs as I paid little for my timeshares.

I'm happy as these were stays in nice two and three bedroom units.

 

[massvacationer]

deleted - duplicate post

 

[Beefnot]

This may sound heretical, but I do not consider low cost or competitive expense to be a priority for timesharing. Rather, its a lifestyle choice, one which works for some vacations and not so much for others. I'd rather focus more on whether it provided what I needed for what I was trying to do. But as always, whatever floats your boat.

So I guess that means math is not your strong suit or your per night costs are sky high...

 

[Ridewithme38]

Cost is the most important thing to me...my daughter is 6, so if i NEEDED to i could stuff us in a motel 6 room or two (if her mom comes)for a vacation...so i need to defend the large TS costs as compared to those of the 'average hotel room'...as my daughter gets older it will be VERY VERY important she has her own 'space' on vacations, so i'll stop worrying about cost then

I know i'll never get down to the $29.99 rates i've seen randomly listed online......Sure a TS offers more then a Hotel room, the cost savings on breakfast and lunch(I still like to eat dinner out) are something that needs to be considered Also...but if i can get close to that number...i'll feel like this investment was worth it...the Closer to $50-$75 a day i can get the happier i'll be in the short term

 

[Beefnot]

Since I am with II, I will be at about $71 per night using the XYZ 2-for1 benefit. I am also in the process of closing on two more timeshares which, if i XYZed both of those, would take my cost per night down to about $51 per night. Actually, since the MFs are alread paid for the next three years, my physical out of pocket for the next three years would work out to be around $41 per night. Not too shabby. Unfortunately I won't be able to take all that vacation, so I will be either accumulating banked weeks or giving away weeks to friends and family at exchange cost.

 

[Ridewithme38]

Unfortunately I won't be able to take all that vacation, so I will be either accumulating banked weeks or giving away weeks to friends and family at exchange cost.

You know, i've always considered you a great Friend, almost family...Right?

 

[hypnotiq]

Ride...has...no...shame.

 

[Beefnot]

You know, i've always considered you a great Friend, almost family...Right?

Funny, I was going to say the same thing, my brother from another mother. You lowballer...

 

[Talent312]

So I guess that means math is not your strong suit or your per night costs are sky high...

My per night costs are approx. $92.4237, with no conscious thought to it.
My TS's & where I go is often more a product of circumstance than a plan.
I could almost as easily end up in a $400/N Irish castle, as a $75/N motel.

I respect those who try to control costs for their progeny.
But as for me, the motto is: "You can't take it with you."

 

[Beefnot]

My per night costs are approx. $92.4237, with no conscious thought to it.
My TS's & where I go is often more a product of circumstance than a plan.
I could almost as easily end up in a $400/N Irish castle, as a $75/N motel.

I respect those who try to control costs for their progeny.
But as for me, the motto is: "You can't take it with you."

That's pretty decent, I was wrong on both counts. Nice touch with the calculation to the millionths of a dollar.

 

[DaveNV]

Are you guys adding in transportation costs to get to those timeshare nights? You're staying in that location because of your timeshare ownership or exchange. So if a plane flight is required, as in the case of two of my timeshares, the cost per night is a lot higher than hopping in the car and driving a bit. It seems to me that the dollar cost for the night itself is only part of the $tory.

Dave

 

[Beefnot]

Are you guys adding in transportation costs to get to those timeshare nights? You're staying in that location because of your timeshare ownership or exchange. So if a plane flight is required, as in the case of two of my timeshares, the cost per night is a lot higher than hopping in the car and driving a bit. It seems to me that the dollar cost for the night itself is only part of the $tory.

Dave

Eh, kinda. I consider transportation costs the costs of doing business. If I want to go to Hawaii, whether I rent or exchange or sleep in the rental car, I am paying for the flight. So I would exclude that from my calculation.

 

[vckempson]

Cost is the most important thing to me...my daughter is 6, so if i NEEDED to i could stuff us in a motel 6 room or two (if her mom comes)for a vacation...so i need to defend the large TS costs as compared to those of the 'average hotel room'...as my daughter gets older it will be VERY VERY important she has her own 'space' on vacations, so i'll stop worrying about cost then

I know i'll never get down to the $29.99 rates i've seen randomly listed online......Sure a TS offers more then a Hotel room, the cost savings on breakfast and lunch(I still like to eat dinner out) are something that needs to be considered Also...but if i can get close to that number...i'll feel like this investment was worth it...the Closer to $50-$75 a day i can get the happier i'll be in the short term

The key to that, at least with RCI weeks exchanges is to only use around 10 TPU's for your exchanges or take advantage of last minute calls. That should get you pretty close to $50 a day. That's the great thing about the TPU systems, you pretty much control your own destiny. Now the less flexible you get with when you go and what you get... well, your costs are going to start to rise. The higher demand times, though, will also raise your motel 6 specials that you are comparing to, as well.

You also don't have to just look at your average costs. At a motel, you'll somtimes get a special rate, sometimes not. One trip you'll pay $50 a night, and another will be $80 a night. Same with your TS. Sometimes you'll spend $30 a night with a last call and sometimes you'll spend $100 a night for the right place at the right time. Enjoy the good deal for the deal it is and enjoy the perfect spot for being a great place at the right time.

 

[bogey21]

This may sound heretical, but I do not consider low cost or competitive expense to be a priority for timesharing. Rather, its a lifestyle choice......

Back when I was flying high I pretty much felt this way. Then things changed in my life and cost became important to me. When this happened I dumped my 4 Marriott weeks for about $85,000 and used something like $6,000 of this to buy 6 independents in places I liked to vist. When my situation changed again I was able to deed 4 of the weeks back to their HOAs and gave another away to a fellow Tugger. I still have a low MF ski week in Colorado that my Son and his friends use. IMO the lesson to be taken from this is that continuing management of one's TS portfolio is way better than inattention.

George

 

[PigsDad]

So I guess that means math is not your strong suit or your per night costs are sky high...

My per night costs are approx. $92.4237

That's pretty decent, I was wrong on both counts. Nice touch with the calculation to the millionths of a dollar.

Talent just calculated it to the ten thousandth of a dollar, not the millionths. Perhaps math is not your strong suit.

:hysterical: :hysterical: :hysterical:

 

[siesta]

We dont always stay in TS, but the cost of TS stays the past 12 mos. for me comes out to $110.78 a night for 21 nights of vacation. All were RCI/II exchanges. My wyndham points cost is $5.33 per 1000 and small side 1br SDO was $529.91

RCI- 7 night stays

Pueblo Bonito Sunset Beach 2br Presidential in March '11 - $1330.65 (two generic wyn deposits 70k and 105k and two exchange fees, but the resort combined our two 1 br units to a 2br pres)

II- 7 night stays

Westin Lagunamar Studio May '11- $174 (courtesy of xyz)

Harborside Atlantis 2br Oct '11 - $648.91 ( MF 529.91 + exchange fee of $119 after starwood to starwood and online discount)

Plus annual membership of $89 to RCI and $84 to II

***Now the truth is, the wyndham generic points I deposited came free with the TS purchase, so it really only cost me the exchange fee of $398. So my real cost for 21 nights came out to $43.99 per night.

I could get used to this timeshare thing ....

 

[Beefnot]

Talent just calculated it to the ten thousandth of a dollar, not the millionths. Perhaps math is not your strong suit.

:hysterical: :hysterical: :hysterical:

Uh, oh wow I'm an idiot. Guilty as charged.

 

[Timeshare Von]

Because we didn't do much with our TS ownership in terms of stays, in 2011, I figured ours out going back for the past 4 years (2008-2011).

Over that period of time, we stayed 54 nights for $5084 including RCI exchange fees (5x) and 4 yrs of RCI membership. This worked out to $94.15 average per night.

Perhaps our greatest value use of our TS ownership, however, was the 2 wk barter I did . . . our Lifetime in Hawaii (2010 + 2011) which cost $775 in MFs for those two years . . . for 15 days in a 2006 29' Winnebago in Alaska in 2010! As a rental, that RV would have easily cost us upwards of $2,000-$2,500. On a per day basis, that is $51.67/night.

 

[Timeshare Von]

One More Thought/Calculation

Lifetime in Hawaii should be in EVERYone's TS portfolio.

I booked our 2012 floating week (July 4th) back about 16 mos ago so that we could use it for our upcoming Ireland holiday. With a MF of $397 and a TPU deposit equally 43, that works out to $9.23/TPU.

We were able to pick up a 2BR cottage for 32 TPU which makes the price $295+$159 exchange fee. Our per night rate calculates out to $64.86.

And we still have "change" of 11 TPU (at a MF cost of roughly $100) for another RCI exchange.