CruiseGuy
TUG Member
- Joined
- Nov 27, 2012
- Messages
- 384
- Reaction score
- 100
- Points
- 253
- Location
- Central Florida
- Resorts Owned
- Wyndham Panama City Beach, Bonnet Creek, and Royal Vista
Glad to hear you are rescinding and considering resale!
I own resale at Bonnet Creek and a couple other Wyndham resorts and so far we're very happy with our resale points. Even though we just moved to Florida, we enjoy our stays at Bonnet Creek and plan to continue our tradition of going there for Thanksgiving every year for the time being. We have two Bonnet Creek contracts for a total of 231,000 points that we bought resale for about $1200 (including closing costs) or about a half cent per point. Others have paid more and some have paid less. Just do some more research on current resale costs, maintenance fees, and what you realistically expect to use each year. (Read the Wyndham Directory and supplement, especially pages 334-341, and browse the points needed at the resorts you're interested in.) Then be patient and watch for the deals on eBay, Sumday, RedWeek, TUG, and other trusted resellers.
While I may have paid a little more than others, I was looking for specific contracts and I avoided overpaying by knowing what I wanted and what was reasonable in the market at that time. I avoided overbidding on auctions, and was able to approach other resalers and negotiate down their posted price. You probably want about 154,000 points to start in order to do much, but most people recommend getting between 231,000 - 308,000 if you want to take more than one Wyndham vacation each year, as long as you have a decent understanding of the system and your vacation expectations. And even those number of points won't get you into all resorts. Just be aware that resale points do not qualify you for VIP status. Although it's nearly impossible for most people to justify the cost of paying retail from Wyndham to get VIP given the huge price difference for resale.
Good Luck!
I own resale at Bonnet Creek and a couple other Wyndham resorts and so far we're very happy with our resale points. Even though we just moved to Florida, we enjoy our stays at Bonnet Creek and plan to continue our tradition of going there for Thanksgiving every year for the time being. We have two Bonnet Creek contracts for a total of 231,000 points that we bought resale for about $1200 (including closing costs) or about a half cent per point. Others have paid more and some have paid less. Just do some more research on current resale costs, maintenance fees, and what you realistically expect to use each year. (Read the Wyndham Directory and supplement, especially pages 334-341, and browse the points needed at the resorts you're interested in.) Then be patient and watch for the deals on eBay, Sumday, RedWeek, TUG, and other trusted resellers.
While I may have paid a little more than others, I was looking for specific contracts and I avoided overpaying by knowing what I wanted and what was reasonable in the market at that time. I avoided overbidding on auctions, and was able to approach other resalers and negotiate down their posted price. You probably want about 154,000 points to start in order to do much, but most people recommend getting between 231,000 - 308,000 if you want to take more than one Wyndham vacation each year, as long as you have a decent understanding of the system and your vacation expectations. And even those number of points won't get you into all resorts. Just be aware that resale points do not qualify you for VIP status. Although it's nearly impossible for most people to justify the cost of paying retail from Wyndham to get VIP given the huge price difference for resale.
Good Luck!