Bundled Packages

[thetangs]

Hi Tuggers,

I have a plat. MOW that is enrolled and am looking to add some DC points to help with flexibility and get us into the executive level to allow for the 13-month reservation window. I see a number of options, but the one that I am not finding much information on are the so-called bundled packages of a traditional week with some points added it. I have been unsuccessful at calling Marriott's resale line and am looking for some help from you.

Among the options we are looking at.
1. 3,500 purchase thru Marriott at roughly $10.60/pt.
2. Buying a 1,500 contract resale. Gives us points, but not executive level. High junk fees makes this far less desirable, but it is $4/pt cheaper.
3. The elusive bundle package that I don't seem to be able to get solid information on.

In advance, thank you awesome TUGGERS.

Chris

 

[VacationForever]

Bundled package is when you buy a traditional week from Marriott resale department and buy an equivalent number of DC points from Marriott within 12 months. The Marriott-purchased resale week will then get enrolled into DC. The resale department will facilitate both purchases/sale.

The resale week contract will show how many DC points will need to be purchased.

 

[thetangs]

Thank you Sptung, that is very helpful!

 

[GregT]

Hi Tuggers,

I have a plat. MOW that is enrolled and am looking to add some DC points to help with flexibility and get us into the executive level to allow for the 13-month reservation window. I see a number of options, but the one that I am not finding much information on are the so-called bundled packages of a traditional week with some points added it. I have been unsuccessful at calling Marriott's resale line and am looking for some help from you.

Among the options we are looking at.
1. 3,500 purchase thru Marriott at roughly $10.60/pt.
2. Buying a 1,500 contract resale. Gives us points, but not executive level. High junk fees makes this far less desirable, but it is $4/pt cheaper.
3. The elusive bundle package that I don't seem to be able to get solid information on.

In advance, thank you awesome TUGGERS.

Chris

Chris,

If you decide to add points, you may find your "best" option is to buy a 2,000 point package that is bundled with a legacy week (such as a 3BR GV EOY) that is worth 3,725 points every other year. That will likely cost average you down to approx $7/point.

Good luck and let us know what you decide!

Best,

Greg

 

[JIMinNC]

Chris,

If you decide to add points, you may find your "best" option is to buy a 2,000 point package that is bundled with a legacy week (such as a 3BR GV EOY) that is worth 3,725 points every other year. That will likely cost average you down to approx $7/point.

Good luck and let us know what you decide!

Best,

Greg

We're not in the market for more points now, but if we ever decide we just have to get Executive level, the Platinum 3BR Grande Vista EOY looked like the best way to do that. The cost/point was around $7 and the MF/point was also reasonable.

But I have not seen a Platinum 3BR GV EOY listed on the Marriott Resales site since last fall. I don't look frequently since we are not currently in the market, but one has never been available recently any of the random times I've looked.

 

[kds4]

We're not in the market for more points now, but if we ever decide we just have to get Executive level, the Platinum 3BR Grande Vista EOY looked like the best way to do that. The cost/point was around $7 and the MF/point was also reasonable.

But I have not seen a Platinum 3BR GV EOY listed on the Marriott Resales site since last fall. I don't look frequently since we are not currently in the market, but one has never been available recently any of the random times I've looked.

Where is the Marriott Resales website located?

 

[SueDonJ]

Where is the Marriott Resales website located?

Welcome to the Official Website for Marriott Vacation Club® Timeshare Resales

Note the links to "Buy Weeks" and "Sell Weeks" just above the picture on the top of the page.

 

[PassionForTravel]

One thing I've never understood is why there is no mention of being able to enroll the weeks if you purchase DC points within a year on the resale web site. To me that's the biggest advantage of buying through Marriott Resale compared to a regular resale. However, they proclaim how many MR points it's worth which is a worthless benefit in my eyes.

Ian

 

[JIMinNC]

One thing I've never understood is why there is no mention of being able to enroll the weeks if you purchase DC points within a year on the resale web site. To me that's the biggest advantage of buying through Marriott Resale compared to a regular resale. However, they proclaim how many MR points it's worth which is a worthless benefit in my eyes.

Ian

It does mention it, just without noting the within 12 months limitation. On the page Sue linked to above it says:

Ability to participate in the Marriott Vacation Club DestinationsTM Exchange Program (requires purchase of Vacation Club Points)

 

[PassionForTravel]

Wow all the times I've read that page and never noticed that sentence.

Ian

 

[Ty1on]

It does mention it, just without noting the within 12 months limitation. On the page Sue linked to above it says:

Ability to participate in the Marriott Vacation Club DestinationsTM Exchange Program (requires purchase of Vacation Club Points)

I don't think they want to explicitly encourage resale purchases when they consumers can be had for full retail.

 

[cory30]

Chris,

If you decide to add points, you may find your "best" option is to buy a 2,000 point package that is bundled with a legacy week (such as a 3BR GV EOY) that is worth 3,725 points every other year. That will likely cost average you down to approx $7/point.

Good luck and let us know what you decide!

Best,

Greg

I was considering a bundled package a couple of weeks ago while at SurfWatch. At that point I was told that I had to purchase the equivalent number of points that the resale week was valued at. So, using the 3BR GV EOY example, I would have had to purchase 3,725 points along with the GV direct resale.

 

[GregT]

I was considering a bundled package a couple of weeks ago while at SurfWatch. At that point I was told that I had to purchase the equivalent number of points that the resale week was valued at. So, using the 3BR GV EOY example, I would have had to purchase 3,725 points along with the GV direct resale.

Cory,

That's interesting, and would be a change in policy. It used to be that you only had to match 50% of 3,725 points EOY, perhaps they've discovered this is as close to a justifiable developer purchase as exists, and are closing it?

Thanks for the note.

Best,

Greg

 

[SueDonJ]

Cory,

That's interesting, and would be a change in policy. It used to be that you only had to match 50% of 3,725 points EOY, perhaps they've discovered this is as close to a justifiable developer purchase as exists, and are closing it?

Thanks for the note.

Best,

Greg

I think that's the difference, Cory maybe doesn't recognize that your example is of an Every-Other-Year Week? I don't believe any SW Weeks were sold as EOY usage so his Bundle Package would of course require the full amount of DC Points for which the SW Week would be eligible, while you could purchase at least half the full amount up to any required minimums or desired amounts.

 

[dioxide45]

Cory,

That's interesting, and would be a change in policy. It used to be that you only had to match 50% of 3,725 points EOY, perhaps they've discovered this is as close to a justifiable developer purchase as exists, and are closing it?

Thanks for the note.

Best,

Greg

That policy is what I think made EOY weeks rather desirable on for Marriott "direct" resales. A week normally worth 3000 points could be purchased resale along with 1,500 direct Trust points. Made the EOY weeks rather desirable. I wonder if it was perhaps just a sales rep at SurfWatch that was misinformed since they didn't sell EOY week there?

In fact, I didn't think they sold EOY weeks at any of the South Carolina properties (Myrtle Beach included). That was until I saw one entry in the ROFR database for an EOY week at Barony Beach Club. I confirmed with the owner that it was EOY. It seems that these are very rare though.

 

[del2327]

I don't think there's been a change in policy unless it's a very recent change. About 9 months ago, we purchased a 3 BR EOY at Grande Vista and, if we wanted to enroll the week, we only had to purchase one half of the total points. However, since the week was worth 3725 points, 2000 points were required since points are sold in increments of 250.

 

[cory30]

Cory,

That's interesting, and would be a change in policy. It used to be that you only had to match 50% of 3,725 points EOY, perhaps they've discovered this is as close to a justifiable developer purchase as exists, and are closing it?

Thanks for the note.

Best,

Greg

I apologize for the confusion. The sales rep indicated that we had to purchase the equivalent number of annual points. So that would be in line with what you described (half the EOY allocation). We didn't talk EOY options and it slipped right past me. Thanks for clarifying for me.

Cory

 

[Deej82]

We did exactly this scenario... spanning mid-2013 to mid-2014 for all the transactions. Plat 3BR EOY at GV + Points. 1800 points I believe was matching requirement but we bought 2500 to get per point discount incentive. We also leveraged an Encore package we previously purchased towards the points purchase price, plus got the cruise, stay and points components of the Encore (thus free). The Resale purchase of GV as a separate transaction also yielded a 50k MRP bonus at the time.

We ended up in a blended $7ish/pt plus the encore trips and MRP. Happy overall with how this worked out!

 

[kds4]

We did exactly this scenario... spanning mid-2013 to mid-2014 for all the transactions. Plat 3BR EOY at GV + Points. 1800 points I believe was matching requirement but we bought 2500 to get per point discount incentive. We also leveraged an Encore package we previously purchased towards the points purchase price, plus got the cruise, stay and points components of the Encore (thus free). The Resale purchase of GV as a separate transaction also yielded a 50k MRP bonus at the time.

We ended up in a blended $7ish/pt plus the encore trips and MRP. Happy overall with how this worked out!

How has your experience been in trying to use the cruise voucher?

 

[Deej82]

Definitely not all it was described to be. Availability was there for lots of options, but the actual value towards the cost was not much. Instead of a 7 night we ended up booking a 4 night that gave us a better room with minimal overage cost. Overall displeased with what was described -> actual value, but the cert redemption process itself was fine and the booking with OVS went without issue. At the end of the day it was "free" since we applied all the Encore cost towards the points purchase... so it still was a bonus.

 

[taterhed]

So what was the out the door price on the package?


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[Deej82]

Sorry I had to do some digging... my "package" was self-created and spread over a year's timeline... here's my breakdown:

6/13 - Encore package for 4 night return to Oceana Palms + 7 night cruise $1899

10/13 - Purchased Grande Vista 3BR Plat EOY Even from MR Resale ($6300 + $457.60 closing)

3/14 - Purchased 2500 DC points discounted at $10.18 ( $25,450 - Encore $1899 package credit + $972.28 closing)

3/14 - Enrolled MGV week for no cost after closing of DC points

So my EOY yields 3725 DC points, or divide for "annual" calculation at 1863 + 2500 Annual DC purchased = 4363 "annual" points

$33,179.88 spent / 4363 points = $7.60 per point
Plus we stayed at Oceana Palms for 4 nights "free" and used the Cruise certificate

 

[Deej82]

Sorry I also got 100k MRP's in this process too... 50k from the MGV resale purchase and another 50k from the Encore return visit....

 

[taterhed]

Thanks. This will be a great post for the new points vs weeks questions.


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