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Forget about Wyndham VIP Upgrades

Holy cow. I saved almost $285 dollars for only $18,000 upfront! Where do I sign?

NJCOBRA10tha said:
FYI Just booked 2 more reservations for August 08 and was able to do both an instant upgrade and get 35% off the points so these reservations were about 50% of the points they list for.
Click to expand...

Thats great. A last minute reservation and upgrade at 50% off. So let me do the math. If that saved you 75,000 points then at the $.003 cost per point for my maintenance fees in 2008 I would have saved $283. How long would it take - if I got those savings every single time (can't do that in reality as usually it's tough to wait until only a few weeks before the trip to lock up the unit/resort) to get back the $18,000 in upfront money to be VIP? Only 64 very last minute reservations! And I'm at break even! But even that is being generous as at 60 days or less non-VIP can get points discounts too as that is really distressed inventory by then. So really the break even number may be in the hundreds. Assuming the rules/"benefits" don't change (as they can and do). Hmmm, only 100+ reservations. Let me see, in 15 years we've made maybe 30. So in other 40 years or so I'd be golden!

VIP, at the cost differential Wyndham has created, simply doesn't make financial sense compared to the unbelievable value of simple resale FSP Points. If you must have it to realize it is a luxury purchase. Not that luxury is a bad thing but it usually comes at a steep price. Wyndham VIP is no exception to that rule.
 
I just booked a unit this morning, got my 50% VIP discount and the free upgrade from a 1 BR unit to the 3 BR Presidential Unit.

So about instead of 60,000 points I only used 11,750, so about 80% discount over the non-discounted point requirement.
 
OK OK Guys, for all you posters that are saying that VIP is not worth the price. Fine we agree. But if you already have VIP and want to use it, I think that was the focus on this thread. Can you obtain VIP perks given that you must call a VC to gain it.

This thread was NOT whether VIP was worth it. All of us probably agree that obtaining VIP at developer prices is not worth it. Can we get back to the discussion at hand, and that was if people who already have VIP are able to obtain upgrades.
 
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Sandy Lovell said:
I just booked a unit this morning, got my 50% VIP discount and the free upgrade from a 1 BR unit to the 3 BR Presidential Unit.

So about instead of 60,000 points I only used 11,750, so about 80% discount over the non-discounted point requirement.
Click to expand...

One last time (promise!) that is $144.75 in savings over using my non-VIP points for the 60,000 full shot. I do agree if you have VIP use it for everything you can get. But if you aren't VIP look very carefully before paying retail to become one. That's all that this thread seems to have become about. New buyers should look for the best value. And current owners really need to see what the benefits are compared to the cost. Don't fall for the Weasel blather.
 
Bonnet Creek and La Maison Belle (did I get that right? The one in New Orleans).
 
timeos2 said:
Thats great. A last minute reservation and upgrade at 50% off. So let me do the math. If that saved you 75,000 points then at the $.003 cost per point for my maintenance fees in 2008 I would have saved $283. How long would it take - if I got those savings every single time (can't do that in reality as usually it's tough to wait until only a few weeks before the trip to lock up the unit/resort) to get back the $18,000 in upfront money to be VIP? Only 64 very last minute reservations! And I'm at break even! But even that is being generous as at 60 days or less non-VIP can get points discounts too as that is really distressed inventory by then. So really the break even number may be in the hundreds. Assuming the rules/"benefits" don't change (as they can and do). Hmmm, only 100+ reservations. Let me see, in 15 years we've made maybe 30. So in other 40 years or so I'd be golden!

VIP, at the cost differential Wyndham has created, simply doesn't make financial sense compared to the unbelievable value of simple resale FSP Points. If you must have it to realize it is a luxury purchase. Not that luxury is a bad thing but it usually comes at a steep price. Wyndham VIP is no exception to that rule.
Click to expand...

I have no problem with anything you said. These are tangible ones. I do however put $5/1000 points as the value since if you run out that's what it costs to rent from Wyndham within 60 days and is the going rate here from other members. You can't just buy a resale and expect to get to use the points immediately.

There are also intangible benefits that I stated before like specifying I want the new tower at Bonnet Creek or that I need a unit with a Washer and Dryer at Long Wharf.

Luxury item - definitely.
"Practically a crock even for free" definitely not!

I am happy that the haters reeled it in a little to accept the fact it is not a crock. I was getting ready to leave the board forever because I couldn't stand that comment in practically every single thread.

VIP is still generally not worth paying extra retail vs resale but a valuable item if you have it you should make use of it.

Thanks
 
I would certainly accept VIP benefits for free, but I think anyone who would pay $18,000 extra for VIP benefits, when they know about resale, has poor decision making skills. Most people who are savers, don't just blow money for the hell of it, that is what makes them savers in the first place.

I would also like to challange that amount, as VIP is a minimum of 300,000 points (I think), and at 10 cents a point (retail varies, but I am using a number below retail to prove the point) 300,000 would cost $30,000. Resale which is less than 1 cent a point would cost no more than $3,000. A savings of $27,000, probably more as my retail price per point is low. I guess it is possible that this a purchase from a long time ago, when retail was cheaper, but from the description of the poster (they saw all the negative postings about VIP before we decided to buy), it seems more recent.

The only real benefit in my opinion is the ability to pick a unit. Otherwise, everything is just a point savings, which can be offset by buying twice as many points on a resale basis, still much, much less than the original points at retail.


Plus, the way the stock price is ( I am sadly the owner of a few hundred shares), I wouldn't be suprised if VIP benfits are reduced as a cost cutting method. (Wyndham has to pay the trust for the benefits).

Joe
 
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When The Moon Is In The 7th House . . .

NJCOBRA10tha said:
Luxury item - definitely.
"Practically a crock even for free" definitely not!

I am happy that the haters reeled it in a little to accept the fact it is not a crock. I was getting ready to leave the board forever because I couldn't stand that comment in practically every single thread.

VIP is still generally not worth paying extra retail vs resale but a valuable item if you have it you should make use of it.
Click to expand...
I just love it when fellow TUG-BBS members bury the hatchet & live together in peace & harmony & understanding.

Kumbaya.

Shalom.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 
Just trying to spice up the boards a little! I know my post is flaming, but so are the posts of the VIP proponets. I just love that "Holy cow. I saved almost $285 dollars for only $18,000 upfront! Where do I sign? " message title.

Nothing like a VIP vs Resale thread to liven up the board (Except for the Like vs. Hate Disney threads of course).

Joe
 
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Look, whats all the arguing about?

Its as simple as this:

VIP is worth the price cause the salesman said so.

:rofl: :rofl: :rofl:

I also hear that VIP's get special seating at all owners updates, and if you're a VIP you get a 3-hour update rather than the measely 90-minute one the non-VIP's get. :)

Here's my question, in the real world, VIP stands for Very Important Person, but in the World of Wyndham, the "I" stands for something else, but what? :rofl:
 
Also, because I am a Very Important Person.(VIP)..I am special :D
 
My upgrade was at LaCascada in San Antonio.

I did not pay retail pricing for my VIP, I received it before they changed all the rules, and I am grandfathered in. 4 Resales converted to points, 2 PICs and an small enough equity trade did the trick for me.

So I am happy enough with my Wyndham.
 
Actually, a lot VIP that was constant on the internet has their purchase price / point no more than 30% of the retail price. Some have it cheaper than my resale price.

To say it does not worth or not worth, I don't see any reason to argue. It is a program intend to allow member to take advantage of flexibility. So, if they have VIP, I don't see any reason why they need to argue if it is worth or not.

It may not worth the whole purchase from retail. And most Wyndham salesman will find a way to close the gap of resale. Since they are the only one that can give you VIP status.

Each one of us has to determine if based on our own travel pattern, does VIP mean anything, and if you want to pay the MF year in year out, and how much you want to pay to get this club.

If you can not find reason to join, don't joint. But I don't believe once if you have that benefit, you will want to yield it without fight.

Jya-Ning
 
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