Afraid of me? Awkward Owner Update Dance...

[medsed]

It's good to share your experiences even at risk of misunderstandings.

I would not call it an amazingly good deal but I once did get an offer which would have reduced my overall maintenance fees. It was to trade in all my Bonnet Creek and CWA points for National Harbor while of course buying another bunch of points. I did not want to give up all my CWA nor to pay that much so I adjusted the deal and ended up with more points for the exact same maintenence fees as I had previously. National Harbor is one of the 3 lowest maintenance fee Wyndhams in the country. What really pushed me over the edge was the buyback deal where Wyndham will supposedly pay 20% of original cost.

I still find resale a far better deal and will make any future purchases resale.



Bob

That is the absolute truth!!!!!

 

[ronparise]

I am personally hoping Wyndham builds another resort like Bonnet Creek in Orlando because it's always sold out. I hope people buy that place out and Wyndham builds something even bigger and better, so we have more options. Hopefully, BC won't go by the way of the other Wyndham Orlando resorts, which no one wants--ever!

I like Star Island as much as Bonnet Creek, and I like Reunion better, Both are closer to Publix and Publix sells wine

 

[ronparise]

It's good to share your experiences even at risk of misunderstandings.

I would not call it an amazingly good deal but I once did get an offer which would have reduced my overall maintenance fees. It was to trade in all my Bonnet Creek and CWA points for National Harbor while of course buying another bunch of points. I did not want to give up all my CWA nor to pay that much so I adjusted the deal and ended up with more points for the exact same maintenence fees as I had previously. National Harbor is one of the 3 lowest maintenance fee Wyndhams in the country. What really pushed me over the edge was the buyback deal where Wyndham will supposedly pay 20% of original cost.

I still find resale a far better deal and will make any future purchases resale.

Bob

No question National Harbor is a great ownership but I bet it takes you 20 years to break even. 20000/annual maintenance fee savings = ?? years

 

[medsed]

I like Star Island as much as Bonnet Creek, and I like Reunion better, Both are closer to Publix and Publix sells wine

I stayed at Cypress Palms....I had an updated unit. Very nice. Generally, we prefer quieter resorts, rarely join in resort activities and mostly use the pool if anything while we are there. Close to wine, IMO, is very important!!

we refused to go to the owner's presentation while there, the girl was so shocked when I told her I had no real interest in visiting Bonnet Creek. She just couldn't believe that the crown jewel of Orlando resorts (her words, not mine) was not at all interesting to us. When we visit Orlando area it is to spend time with my husband's dad who lives in Poinciana...we are not really looking to visit the parks or be amused at the resort. our kids are grown and no longer travel with us, perhaps back when they did a resort like Bonnet Creek would have been more appealing.

My hope is that wyndham sees potential in other areas and adds resorts..Cape Cod, Montreal, west coast Florida all come to mind...I believe there was a thread about this in the past.

 

[OutSkiing]

No question National Harbor is a great ownership but I bet it takes you 20 years to break even. 20000/annual maintenance fee savings = ?? years

i agree it was not financially rational. I viewed it as a way to 'tidy up' my purchases direct from Wyndham by going with the low maintenance fee and also the 20% buyback program which they are offering these days.

I view it as my last ever direct purchase.

Funny even now the allure of 'platinum' seems appealing even though an upgrade would likely not be rational. Procuring a week of a 2 bedroom unit resale and using PIC (or maybe a Wyndham property fixed week purchased resale) and then spending another $20,000 to turn that into platinum is probably not even worth the investment.

Bob

 

[OutSkiing]

I like Star Island as much as Bonnet Creek, and I like Reunion better, Both are closer to Publix and Publix sells wine

We find a 5 liter box of wine fits nicely on any Wyndham kitchen counter! And I've made too many purchases direct from Wyndham to be able to afford good wine.

 

[raygo123]

We find a 5 liter box of wine fits nicely on any Wyndham kitchen counter! And I've made too many purchases direct from Wyndham to be able to afford good wine.

I know what your going through. Only problem, then thier is reserve, Wyndham will never let it stop. That 10 month to 30 day, think that's why I'm on tug, reality check. My wife feels same way as far as the placement of the box of wine, and a fridge too-boot!

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[alexadeparis]

We find a 5 liter box of wine fits nicely on any Wyndham kitchen counter! And I've made too many purchases direct from Wyndham to be able to afford good wine.

LOL! :hysterical: :rofl:

 

[dgalati]

Wyndham National Harbor ownership

Can anyone let me know what their opinion is of owning a 105,000 annual contract at this resort. Can purchase it for $800 closing included

 

[weems637]

wine?

LOL! :hysterical: :rofl:

Who needs wine when one can take frozen margaritas to the pool with you. All you need is a plastic cup and a straw and a little bit of suction power!

 

[vacationhopeful]

Who needs wine when one can take frozen margaritas to the pool with you. All you need is a plastic cup and a straw and a little bit of suction power!

Was using my suction power to absorb multiple frozen margaritas at the Santa Barbara pool one winter ... another gal (NFF - new found friend) and I were totally relaxing, chatting and floating as her husband was making the frozen beverages in the unit upstairs. After 3 or 4, I decided to dry off and went upstairs & showered. Come out onto the balcony and there sat the Fire Truck and EMT vehicles. WHAT? Then out rolled the gurney with the husband walking with it! Front desk staff told me 90 seconds later, my NFF just hit the floor walking into the building by the elevators. NFF broke her wrist (plus some hand bones) and would need surgery back home...1 night in local hospital. Was back at the pool 2 days later ... her pain meds were a bit better HIGH but her cast was NOT allowed back in pool.

So to all TUGGERS .... be careful with the frozen beverages and the pool.

 

[Ty1on]

Can anyone let me know what their opinion is of owning a 105,000 annual contract at this resort. Can purchase it for $800 closing included

It's a good deal. MF $4.30 per K if it is a standard contract. It isn't enough for a full week at NH, so ARP does nothing for you until you find another great NH deal like this, but that's a pretty nice MF ratio.

 

[leeomo]

What are VIDA weeks

Ray go,
You mentioned you Achieved VIP status by purchasing points and Two VIDA weeks. We are in the process of purchasing our first Wyndham points. Thank God we found TUG before we spent a bucket of money retail. We would like to know how you managed to achieve VIP by combining points with ?????

 

[Ty1on]

Ray go,
You mentioned you Achieved VIP status by purchasing points and Two VIDA weeks. We are in the process of purchasing our first Wyndham points. Thank God we found TUG before we spent a bucket of money retail. We would like to know how you managed to achieve VIP by combining points with ?????

First, you will have to buy some retail points to achieve VIP status, even if not the full 400K, 700K or 1M points. Wyndham has a PIC ("Personal Interval Choice") program that allows you to get points for non-Wyndham intervals you own. the points assigned are based on number of bedrooms.

There are two flavors of PIC. PIC Express only applies the points toward your VIP qualification, but does not actually convert them to Wyndham Points (allowing you to use your other intervals as you always have, but giving you credit toward VIP status as if they were Wyndham Points), and the standard PIC actually gives Wyndham use of your non-Wyndham intervals in exchange for annually awarded Club Wyndham points. In both cases, you still pay maintenance fees to your original HOAs for the PIC'd intervals..

The stated Wyndham policy is that PIC points may be converted for you and keep you VIP indefinitely if PIC is exercised in concert with a new retail Club Wyndham purchase, or you may add them to your existing retail purchased account and attain VIP for 5 years. Others here have indicated that PIC is only good for 5 years no matter how they are applied. I'm not sure which is most accurate.

I believe a limit of two intervals can be applied to the PIC program.

 

[raygo123]

Wyndham has a PIC program. I own 2 1 bedroom weeks there. Under PIC, I received a210,000 point credit towards VIP silver, and bonus and bought from Wyndham the balance,190,000 points. I had a resale contract with Wyndham at the time but resale is not recognized by Wyndham. I was treated as a new owner, and became silver. Temp gold with bonus points. Since, I bought more to VIP gold. I have had my Wyndham resale sine 1988 so I became familiar first with Wyndham before buying direct. Both my wife and I decided on that direction, a personal choice. If you're not familiar with Wyndham, I would suggest renting first. It is a lifestyle choice, needless to say the expense. Above all, don't buy anything unless you can afford to. We paid cash, and turned in our resale (ovation) to manage MF. Hope this helps.

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[raygo123]

Ray go,
You mentioned you Achieved VIP status by purchasing points and Two VIDA weeks. We are in the process of purchasing our first Wyndham points. Thank God we found TUG before we spent a bucket of money retail. We would like to know how you managed to achieve VIP by combining points with ?????

Added info: in order to become lifetime VIP, with PIC, the non Wyndham TS, must be either deeded,(non point based), or a floating week. Cannot trade trough RCI as points.

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[ronparise]

Ray go,
You mentioned you Achieved VIP status by purchasing points and Two VIDA weeks. We are in the process of purchasing our first Wyndham points. Thank God we found TUG before we spent a bucket of money retail. We would like to know how you managed to achieve VIP by combining points with ?????

The important thing not to lose sight of, is that a PIC deal takes a retail purchase, at least 50000 points per week PICed has to be purchased from Wyndham

so do 2 three bedroom weeks at 254000 points each plus 105000 points from Wyndham ($15000-$20000) and you will be silver VIP or buy 193000 points ($30000 +) and be gold vip,

The question is always ,, Does this make financial sense... do the math and I think you would have to say ..NO,, I cant imagine how raygo123 makes sense of it. But who am I to criticize, Im the guy that just bought a "hole in the water" that I will continue to throw money into for the rest of my life.

 

[raygo123]

I know it makes no sense. It's our boat, RV, vacation home. I have a sail boat I haven't used in YEARS. But I feel that WE made the right choice. All mentioned we really don't want. As far as lifetime PIC, I called, wrote, and when they finally, Wyndham is very slow, they did verify I was perminiate gold. My two PICs were bought retail, were weeks that float, and was told that as you own the other two, you will be gold. The two Mexican resorts cost me $13,000. 205000, today average + - $30,000. The Mexican TSs have no MF. Renewal every ten. Half MF so $725 for both.

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