- Joined
- Jun 6, 2005
- Messages
- 1,912
- Reaction score
- 513
- Location
- Nevada
- Resorts Owned
- WKV and SVV, Wyndham Canterbury, Wyndham Flagstaff
With the recent increase in MF and more importantly the increase in the program fee I feel like I need to either get more low cost MF points or downsize. I have been a Wyndham member since 2005 so a total break away feels like a a divorce. But I divorced Marriott over the points skim and HGVC when the MF on the south west florida resorts got too high so I gues it not that big a deal.
Somehow when I bought resale back in 2005 I got the Gold VIP Status transferred to me. It was of no use to me since I booked two bedroom units in prime school break periods at the 10 month mark. I never once got upgraded or anyhting specical so the first time I downsized I lost the status. My life has changed and kids are grown so maybe that status would be better now but thats water under the bridge. I will always be a resale guy and would never want to make the commitment/purchase to get that status back
I see lot of Wyndham rentals inside the 60 day period renting between 4.50 to 7.00 per 1000 on multiple websites. I assume that those are VIP's renting with discounted points. I have always been a long term planner but maybe I should change that idea.
My current all in cost including program fee is 5.48. per 1000
Option 1
If I purchased more resale points and got rid of my Higher MF points I could probably get that down to the 4.50 to 4.85 range. My Canterbury points help to keep that average down. But even at that rate it will take me 5 years to recoup the puchase and closing cost to get cheaper points.
Options 2
If I down size my all in cost goes up to 5.54 per 1000 because of the program fee but my commitment to the program is small, I still have access, and I can rent from VIP if I need anything else.
Option 3
Get rid of all my Wyndham points and find a friendly VIP to handle all my Wyndham rentals. I usually book pretty far out so not sure if the VIP's like to handle that kind of rental business becaue they dont get the points discount.
Somehow when I bought resale back in 2005 I got the Gold VIP Status transferred to me. It was of no use to me since I booked two bedroom units in prime school break periods at the 10 month mark. I never once got upgraded or anyhting specical so the first time I downsized I lost the status. My life has changed and kids are grown so maybe that status would be better now but thats water under the bridge. I will always be a resale guy and would never want to make the commitment/purchase to get that status back
I see lot of Wyndham rentals inside the 60 day period renting between 4.50 to 7.00 per 1000 on multiple websites. I assume that those are VIP's renting with discounted points. I have always been a long term planner but maybe I should change that idea.
My current all in cost including program fee is 5.48. per 1000
Option 1
If I purchased more resale points and got rid of my Higher MF points I could probably get that down to the 4.50 to 4.85 range. My Canterbury points help to keep that average down. But even at that rate it will take me 5 years to recoup the puchase and closing cost to get cheaper points.
Options 2
If I down size my all in cost goes up to 5.54 per 1000 because of the program fee but my commitment to the program is small, I still have access, and I can rent from VIP if I need anything else.
Option 3
Get rid of all my Wyndham points and find a friendly VIP to handle all my Wyndham rentals. I usually book pretty far out so not sure if the VIP's like to handle that kind of rental business becaue they dont get the points discount.