We started the Wyndham Pathways exit program today

[jerrybev]

Below is what we were told by Corporate:

Well, we , Platinum level, have used our final timeshare for 2022. I called Wyndham this morning to request beginning of Pathways process. I was told It goes like this:

in10-12 weeks they will send paperwork to us to complete and return.

in 10-12 weeks later they let us know if all timeshares or which timeshare returns have been accepted. At that that point, whatever has been accepted, we stop paying maint. fees on,

6 months after the acceptance date they will send us our money (20%)
Jerry Whitfield

 

[Rolltydr]

Good luck! Please keep us updated on how it goes.

Amazing that it takes them 10-12 weeks to mail blank forms, isn’t it?

 

[chapjim]

About a year, start to finish.

This is Wyndham's game and that's the best they can do?

 

[Eric B]

About a year, start to finish.

This is Wyndham's game and that's the best they can do?

This is Wyndham's game and that's the best they can will do?

Fixed it for you....

 

[tschwa2]

Below is what we were told by Corporate:

Well, we , Platinum level, have used our final timeshare for 2022. I called Wyndham this morning to request beginning of Pathways process. I was told It goes like this:

in10-12 weeks they will send paperwork to us to complete and return.

in 10-12 weeks later they let us know if all timeshares or which timeshare returns have been accepted. At that that point, whatever has been accepted, we stop paying maint. fees on,

6 months after the acceptance date they will send us our money (20%)
Jerry Whitfield

Do you anticipate that most of your weeks will qualify or just one or two contracts and will you be using certified exit for those or keeping what doesn't qualify?

 

[dioxide45]

So what is the difference between Pathways and certified exit?

 

[tschwa2]

So what is the difference between Pathways and certified exit?

Pathways was offered only briefly for about 14-18 months. I think in 2013-2014. Like certified exit it changed and evolved during the period when it was offered so the details are different depending on when you bought. Pathways was written into the contract if you purchased during that specific time period, you could turn your weeks back in and get 20% of what you paid returned to you. Certified exit takes back your weeks, you get no cash but may be eligible to get points for 3 years with no further MF's for qualifying weeks bought retail.

 

[jerrybev]

Do you anticipate that most of your weeks will qualify or just one or two contracts and will you be using certified exit for those or keeping what doesn't qualify?

HI
We were told earlier that they would take everything.......Time will tell if that person's statement was correct.

 

[tschwa2]

HI
We were told earlier that they would take everything.......Time will tell if that person's statement was correct.

taking everything and giving you 20% for everything might not be the same thing. Fingers crossed for you. I don't know how your contract was written but I think there was a time when they were indicating that a new purchase in 2013 would make your previous purchases eligible to receive the 20% back but I never really believed that would be the case. I think as the program progressed they were very clear that the 20% back only applied to the actual purchase you made when Pathways was available. Good luck.

 

[dioxide45]

Not to derail the thread too much, but I am curious about this and the value proposition of timeshare in general. If these were purchased in 2013 or so, is the amount spent on maintenance fees and the 80% of the direct retail purchase justified by the number of nights and accomodation received from the timeshare ownership over that 9-10 year period?

 

[rickandcindy23]

HI
We were told earlier that they would take everything.......Time will tell if that person's statement was correct.

Are you done with all timeshares? Just wondering if this is something you are doing as a result of changes to health or desire to travel, or if Wyndham is pushing you out with their new policies.

We are considering an exit strategy for some of our points. I love some of the resorts and don't want out completely.

 

[jerrybev]

Are you done with all timeshares? Just wondering if this is something you are doing as a result of changes to health or desire to travel, or if Wyndham is pushing you out with their new policies.

We are considering an exit strategy for some of our points. I love some of the resorts and don't want out completely.

hi
Wyndham's ever increasing higher maintenance fees are pushing us out. In south Florida, This past winter, I researched and found out that I can rent cheaper than their maint. fees.

 

[tschwa2]

Not to derail the thread too much, but I am curious about this and the value proposition of timeshare in general. If these were purchased in 2013 or so, is the amount spent on maintenance fees and the 80% of the direct retail purchase justified by the number of nights and accomodation received from the timeshare ownership over that 9-10 year period?

Getting 20% back is better than getting 0 back. If someone paid $70,000 over the years and enjoyed 20 -30 years of gold/platinum benefits and instead of going poof, getting $14,000 back sounds good to me. Even the current 3 years use of points with no MF's is better than most developers. I am a bit of a diamond resorts knocker but there are those who spent $70,000-$80,000+ with them and then when they want out they have to pay another $5000 to $6000 ($1000 per contract) to give back their worthless contracts to Diamond now Hilton.

 

[dioxide45]

Getting 20% back is better than getting 0 back. If someone paid $70,000 over the years and enjoyed 20 -30 years of gold/platinum benefits and instead of going poof, getting $14,000 back sounds good to me. Even the current 3 years use of points with no MF's is better than most developers. I am a bit of a diamond resorts knocker but there are those who spent $70,000-$80,000+ with them and then when they want out they have to pay another $5000 to $6000 ($1000 per contract) to give back their worthless contracts to Diamond now Hilton.

I am not necessarily talking about what you can get back vs $0 but rather what you spent vs the value of the accommodations received. Say you paid $30,000 for the timeshares and then also paid $12,000 for maintenance fees over that time. You will get back $6,000. That's great, but in the end you still paid $36,000 for x number of nights in a timeshare. Let's say you stretched that for 12 nights a year, it works out to $300 a night in the end or $3000 a year. It is certainly better than where one might be with Diamond, but still may not be better than just renting with cash. In the case here, there is only a 10 year period of ownership. Someone with 20-30 years would have fared much better.

 

[paxsarah]

Yes, 20% is obviously better than zero, and likely better than three free years of use (which is also better than zero if one starts the process before personal travel becomes too difficult). The question was about the actual lifetime of Pathways (which has only been 8-9 years), not someone who's been working the heck out of platinum VIP for 20-30 years.

 

[Sandy VDH]

Depending on what you paid in and what you get back in the 20%, it is an ROI calculation on what give more value, either Pathways or Certified Exit.

3 years of points with NO MFs usage might end up being a better value than a 20% refund on what you paid, depends on the amount of points you own, your initial investment (or what Wyndham agrees to), your MFs, and what your travel plans are.

I have been an owner for 27 years, so no Pathways option for me, But with my Platinum status in place, the next generation of our extended family will get it in a trust. The kids are all now in their late 20s and early 30s and are starting to travel themselves.

 

[paxsarah]

3 years of points with NO MFs usage might end up being a better value than a 20% refund on what you paid, depends on the amount of points you own, your initial investment (or what Wyndham agrees to), your MFs, and what your travel plans are.

If I had to guess, I'd say only VIP owners might come out ahead with Certified Exit/Limited Edition. Without VIP discounts in the mix, I don't see how the math would typically work out for non-VIP with the three years of travel being better than the 20% cash (assuming equal number of points qualifying under each option).

 

[Sandy VDH]

If I had to guess, I'd say only VIP owners might come out ahead with Certified Exit/Limited Edition. Without VIP discounts in the mix, I don't see how the math would typically work out for non-VIP with the three years of travel being better than the 20% cash (assuming equal number of points qualifying under each option).

True, but I am a VIP so that was my perspective when I wrote that statement. OP also posted they were VIP.

 

[Jan M.]

From what I remember the fine print says up to 20%. The 20% isn't guaranteed.

 

[bassace]

We are currently trying to exit via the Pathways program. We’ve been told it’s been “paused” indefinitely even though we paid for it.

Curious to know whether the OP got any money back…

 

[pedro47]

Did the OP, ever exit via the Pathways Program ?

This thread is over two (2 1/2years old).

 

[rickandcindy23]

We are currently trying to exit via the Pathways program. We’ve been told it’s been “paused” indefinitely even though we paid for it.

Curious to know whether the OP got any money back…

Wyndham has made it clear that they can change the program at any time. It's theirs, not yours, and if you think it belongs to you, you are sadly mistaken.

 

[chapjim]

Wyndham has made it clear that they can change the program at any time. It's theirs, not yours, and if you think it belongs to you, you are sadly mistaken.

True, but Wyndham cannot legally change contract provisions. Without knowing what the contract says, we can only speculate. Gotta RTFC -- read the friggin' [euphemism] contract.

 

[chapjim]

Did the OP, ever exit via the Pathways Program ?

This thread is over two (2 1/2years old).

OP last posted in September 2023.