[ 2017 ] How to compare point systems?

[CO skier]

I know I argued with WM folks who wanted to make 10K the average for 2 BR in the highest season, but that ignores that fact that the new TX resorts all require at least 12.5K to 15K for the same size unit. I think some had an agenda to make their ownership look like a better choice. To me it is what it is.

The WorldMark TX resorts are outliers.

In 2021, the average credits for a Red (highest) season 2 bedroom for all US WorldMark resorts is 11,238 credits.

In 2021, the median credits for a Red (highest) season 2 bedroom for all US WorldMark resorts is 10,000 credits.

In 2021, the WM MF is $1130 for 11,000 and 12,000 credits, so someone who bought 12,000 credits would have a 9% lower mf/credit compared to an 11,000 credit owner.

 

[CO skier]

I noticed the Average (2br) Maint Fees for Wyndham changed from $1150 to $1440 and Worldmark from $1k to $1,130 from when it was originally posted 4 1/2 years ago. Did Wyndham really increase by 25% over that time, while Worldmark only increased by 13%? What about fee increases for the other Timeshare systems? We are no longer comparing apples to apples.

The WorldMark mf for 11,000 credits was $939 in 2017. $939 to $1130 is a 20% increase.

 

[pedro47]

Great advice and information by some Tuggers; but the OP, have not posted since 2017.

 

[TUGBrian]

so 1300ish for wyndham and 1130 for wm?

 

[bnoble]

the $1440 number is just wrong---it should be more like $1200.

I went back to double check just to be sure. The median $/K of the UDI deeds reported in 2021 was $5.78 (once you remove the whole-week numbers from the column). The Program Fee averages 0.63, for a total of $6.43. If the average 2BR takes 190K (as claimed in the comparison table), the total cost is $1,221.70. So I'd call Wyndham either 1200 or 1225 not 1300.

I don't have an opinion about WorldMark, and I'm assuming the 190K figure is correct.