• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

EBay bargains

CO skier

TUG Member
Joined
Sep 18, 2012
Messages
4,106
Reaction score
2,357
Points
448
Location
Colorado
I should have known better …

… except it turned out in my favor.

After reading a thread on the Wyndham forum about no bids on eBay, I thought, "What about WorldMark?"

Same thing -- multiple good auctions expiring without any bids. Buyers' market!

Sooooo … I am now the winning bidder on a recent WorldMark auction (only 1 bidder, essentially a Buy It Now price). Factoring in the 3 months of dues, plus $199 closing, plus $0.07/credit for the two years of available credits, the total price was $0.14/credit plus the $299 transfer fee. I purchased WorldMark from the seller about 8 years ago, so no hesitation there.

There is another eBay auction in the next few days for more credits that amounts to the same cost-per-credit at the initial bid,if anyone is in the market.

There have been some recent eBay auctions at even better prices.

For myself, I will be combining my new purchase with a 6k account, saving almost $200 on that account per year. nice!

Then next year rolling another 6k account into the combined account, saving another $200/year.

I love, love, love my WorldMark.
 

jrogersok

TUG Member
Joined
Feb 24, 2015
Messages
56
Reaction score
8
Points
118
Location
Washington State
I should have known better …

… except it turned out in my favor.

After reading a thread on the Wyndham forum about no bids on eBay, I thought, "What about WorldMark?"

Same thing -- multiple good auctions expiring without any bids. Buyers' market!

Sooooo … I am now the winning bidder on a recent WorldMark auction (only 1 bidder, essentially a Buy It Now price). Factoring in the 3 months of dues, plus $199 closing, plus $0.07/credit for the two years of available credits, the total price was $0.14/credit plus the $299 transfer fee. I purchased WorldMark from the seller about 8 years ago, so no hesitation there.

There is another eBay auction in the next few days for more credits that amounts to the same cost-per-credit at the initial bid,if anyone is in the market.

There have been some recent eBay auctions at even better prices.

For myself, I will be combining my new purchase with a 6k account, saving almost $200 on that account per year. nice!

Then next year rolling another 6k account into the combined account, saving another $200/year.

I love, love, love my WorldMark.

Nice buy and analysis! How are you saving the $200/year?


Sent from my iPhone using Tapatalk
 

bizaro86

TUG Review Crew: Veteran
TUG Member
Joined
Mar 5, 2008
Messages
3,663
Reaction score
2,488
Points
598
Location
Calgary, AB, Canada
Worldmark MF go down when you combine accounts. Basically, the MF are a fixed fee per account plus a fee per block of credits.

If you combine 2 accounts into one, you only pay the fixed portion of the fee once.
 

CO skier

TUG Member
Joined
Sep 18, 2012
Messages
4,106
Reaction score
2,357
Points
448
Location
Colorado
Nice buy and analysis! How are you saving the $200/year?
In 2018, 6,000 credit maintenance fees = $672.70 = $0.112/credit

In 2018, 14,000 credit maintenance fees = $1143.16 = $0.082/credit

$(0.112 - 0.082) times 6,000 = $182 savings of owning 14k versus 6k.
 

jrogersok

TUG Member
Joined
Feb 24, 2015
Messages
56
Reaction score
8
Points
118
Location
Washington State
Great, thanks! Looks like it's time for us to up our 7K account to 14K. We certainly will use the credits anyway since we are totally maxing out our usage lately.

I'm keeping my eye out for a December anniversary contract with current points so I don't have to wait almost a year to get a purchase settled. (At least that's what I've heard will happen). Keep us posted on how long it takes for your transfer.
 

bizaro86

TUG Review Crew: Veteran
TUG Member
Joined
Mar 5, 2008
Messages
3,663
Reaction score
2,488
Points
598
Location
Calgary, AB, Canada
Great, thanks! Looks like it's time for us to up our 7K account to 14K. We certainly will use the credits anyway since we are totally maxing out our usage lately.

I'm keeping my eye out for a December anniversary contract with current points so I don't have to wait almost a year to get a purchase settled. (At least that's what I've heard will happen). Keep us posted on how long it takes for your transfer.

If you're thinking of going to 14k, I'd probably try to find an 8k account and go to 15k. Probably not much more upfront, and a 14k and 15k have the same MF, so an extra 1000 free credits per year.
 

andymul

Guest
Joined
Oct 6, 2014
Messages
40
Reaction score
4
Points
69
Location
Byron, IL
If you're thinking of going to 14k, I'd probably try to find an 8k account and go to 15k. Probably not much more upfront, and a 14k and 15k have the same MF, so an extra 1000 free credits per year.

I'm guessing the answer is on here somewhere, but I've not been successful in finding it. Is there a table of the MF/points somewhere available?
 

ecwinch

TUG Member
Joined
Jun 6, 2005
Messages
3,731
Reaction score
1,119
Points
748
Location
San Antonio
Resorts Owned
Marriott Harbour Point (HP), Kauai Beach Villas, Riverside Suites, WorldMark Pts (WM), Wyndham Pts
I'm guessing the answer is on here somewhere, but I've not been successful in finding it. Is there a table of the MF/points somewhere available?

Here is a schedule for 2019:
 

Attachments

  • WorldMark_Dues_Schedule.pdf
    136.3 KB · Views: 80

easyrider

TUG Review Crew: Elite
TUG Member
Joined
Aug 21, 2005
Messages
15,044
Reaction score
8,001
Points
948
Location
Palm Springs of Washinton
Resorts Owned
Worldmark * * Villa Del Palmar UVCI * * Vacation Internationale*
In 2018, 6,000 credit maintenance fees = $672.70 = $0.112/credit

In 2018, 14,000 credit maintenance fees = $1143.16 = $0.082/credit

$(0.112 - 0.082) times 6,000 = $182 savings of owning 14k versus 6k.

I like to keep the accounts at 6000 points because you get 1 hk token and 1 guest certificate. At 14000 points you get 1 hk token and 1 guest certificate. The other benefit of multiple accounts is bonus time reservations. I have thought about combining my three accounts but I would end up with 1 hk token instead of 3. I think the hk token price increased this year to $93 1 bed, $106 2 bed and $118 for 3 bed.

Bill
 

geist1223

TUG Member
Joined
May 20, 2015
Messages
5,974
Reaction score
5,728
Points
499
Location
Salem Oregon
Resorts Owned
Worldmark 97,000 Credits
DRI Cabo Azul 50,500
Royal Solaris San Jose del Cabo
At 14,000 Points you get 2 GC. For GC it is 1 GC for each 10,000 or any part thereof. So 1 GC from 1 - 10,000 and then a 2nd at 10,001.
 

CO skier

TUG Member
Joined
Sep 18, 2012
Messages
4,106
Reaction score
2,357
Points
448
Location
Colorado
Keep us posted on how long it takes for your transfer.
Paid for the account Dec. 1, transfer completed this last week, so right at 4 months.

It is still a buyer's market. I have my eye on another account.
 
Top