• 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!

Buying a combo of RCI points and weeks

travel maniac

TUG Member
Joined
Jan 30, 2006
Messages
302
Reaction score
55
Points
388
Location
Canada
I am looking at buying a combo of RCI weeks and points from a reseller. The combo is approx 25k points and 2 weeks of timeshare (worth another 40k points per the reseller.)

Would appreciate pointer on the right questions to ask or things to be careful about before jumping into buying my first TS. :)

Thanks.
 
Last edited:

leejaime97

TUG Review Crew: Veteran
TUG Member
Joined
Jun 13, 2005
Messages
58
Reaction score
3
Points
368
Location
Virginia
If it cost only a $100 then it sounds like a good deal...

Just remember the $/point price...most here focus on the cost of maintenance fees per point...

My first timeshare purchase last year (RCI Points Resort) cost me:

Maintenance - $0.0111/point (not too bad)

My second timeshare purchase last year (RCI Weeks Resort - which I use for Points for Deposit) cost me:

Maintenance - $0.0089 (a little bit better than the first purchase)

You can check out the RCI Points Exchange Grid to find out how many points the weeks may be worth...
 
Last edited:

BocaBum99

TUG Member
Joined
Jun 7, 2005
Messages
6,651
Reaction score
4
Points
323
Location
Boca Raton, FL
travel maniac said:
I am looking at buying a combo of RCI weeks and points from a reseller. The combo is approx 25k points and 2 weeks of timeshare (worth another 40k points per the reseller.)

Would appreciate pointer on the right questions to ask or things to be careful about before jumping into buying my first TS. :)

Thanks.

I don't like these combo deals. There are too many things that can go wrong. First, sometimes they offer you multiple international resorts. If that is what you are considering, make sure you find out how to sell a timeshare in those countries before you buy. Second, make sure you fully understand the currency rate risk and hedge it appropriately. I would open a forex (foreign exchange) account and lock in the next 5 years maintenance fees to make them predictable.

The other problem is that you may need to pay multiple closing costs, one for each resort. Also, always perform a complete due diligence on every resort in the package.

I would much prefer to get a good deal on each of the piece parts than get them from one broker. They obviously got a good deal on each of the pieces and bumped it up to sell to you.

Don't forget to add in the $26 points for deposit fee that RCI now charges when you do your economic assessment of the deal.

The bottom line: I wouldn't do it.
 

travel maniac

TUG Member
Joined
Jan 30, 2006
Messages
302
Reaction score
55
Points
388
Location
Canada
Thanks

I can't imagine what I would do without the help of the TUGgers! :D

I firmly believe in "if it sounds too good to be true, I better be careful!"

I had asked the seller where these weeks resorts are and he indicated Argentina!

Thanks leejaime and Bocabum99.

Nick
 

brucecz

TUG Member
Joined
Jun 6, 2005
Messages
1,819
Reaction score
1
Points
36
Location
Kansasville, Wi, center of the universe
Boca, the RCI Points package quoted to the OP does not even come close to the several RCI Points packages we have discussed for on going cost effectiveness.

Bruce :D


BocaBum99 said:
No problem. I'll bet the points resort in that package was from Australia.
The broker is very creative in bundling his packages.
 
Top