Cheapest Average cost for DC points ?

[5finny]

I already own too many timeshare.
I just bought a Hawaii Westin which has not even cleared ROFR
So since Marriott has bought Vistana and I do not own a Marriott I started trying to see what is the cheapest way to aquire DC points per Marriott DC point.
(I know that does not make perfect sense but an addiction is like that)

I found this thread:

Buying a resale from Marriott Vacation Club Directly?

Hello. I am the purchaser of GRCTahoe's quarter share at GRC. Since there were some questions about this bundled purchase, I just wanted to update everyone on the transaction now that it has closed. After confirming the information provided by GRCTahoe with Marriott, I contracted to purchase...

tugbbs.com

Which contained this information concerning Marriotts Grand Residence quarter shares :

"Average annual Destination Points for GRC quarter share is 32,875 and 5,650 for St. Kitts. So, all in, we purchased 38,525 Destination Points for a total purchase price of $127,720.7, or $3.32 per Destination Point. Annual maintenance fees and property taxes for GRC and St. Kitts is $11,498, or $0.30 per Destination Point."

I do not know if that could even be done today.
If it could would it make any sense to do so with a family trust with my 5 children's families and myself being the beneficiaries --Would cut down cost per family.

Any other cheap (per point) strategies available-- hopefully with less of an initial investment

By the way with any luck this is a completely academic exercise

 

[davidvel]

I already own too many timeshare.
I just bought a Hawaii Westin which has not even cleared ROFR
So since Marriott has bought Vistana and I do not own a Marriott I started trying to see what is the cheapest way to aquire DC points per Marriott DC point.
(I know that does not make perfect sense but an addiction is like that)

I found this thread:

Buying a resale from Marriott Vacation Club Directly?

Hello. I am the purchaser of GRCTahoe's quarter share at GRC. Since there were some questions about this bundled purchase, I just wanted to update everyone on the transaction now that it has closed. After confirming the information provided by GRCTahoe with Marriott, I contracted to purchase...

tugbbs.com

Which contained this information concerning Marriotts Grand Residence quarter shares :

"Average annual Destination Points for GRC quarter share is 32,875 and 5,650 for St. Kitts. So, all in, we purchased 38,525 Destination Points for a total purchase price of $127,720.7, or $3.32 per Destination Point. Annual maintenance fees and property taxes for GRC and St. Kitts is $11,498, or $0.30 per Destination Point."

I do not know if that could even be done today.
If it could would it make any sense to do so with a family trust with my 5 children's families and myself being the beneficiaries --Would cut down cost per family.

Any other cheap (per point) strategies available-- hopefully with less of an initial investment

By the way with any luck this is a completely academic exercise

Why do you want DC points?

 

[5finny]

I have 5 children and 7 grandchildren.
Possible use would be:
3-4 2 Bedroom units week 52 in Marco for 3 or 4 of the families
2 2 bedroom units in Arizona end of March (spring Break)
3 2 bedroom units during the summer school break for the three children with their own children
2 1 Bedroom weeks in Aruba during the winter
3-4 1 Bedroom weeks in the winter for my wife and I somewhere warm

Now none of this is required but although I don't own at Marriott I have stayed at Marriott
I wince at the price but I do like the quality

 

[davidvel]

I have 5 children and 7 grandchildren.
Possible use would be:
3-4 2 Bedroom units week 52 in Marco for 3 or 4 of the families
2 2 bedroom units in Arizona end of March (spring Break)
3 2 bedroom units during the summer school break for the three children with their own children
2 1 Bedroom weeks in Aruba during the winter
3-4 1 Bedroom weeks in the winter for my wife and I somewhere warm

Now none of this is required but although I don't own at Marriott I have stayed at Marriott
I wince at the price but I do like the quality

Now go look at the points charts and find out how much each of these would cost you in points. You will then have some perspective of the cost through the DC program for the "flexibility".

 

[5finny]

Just talked with a salesman at Grand Regency about buying a quarter share
To buy a quarter share and 5000 Marriott points would in fact be one of the cheapest per point ways to own points (buying two quarter shares could be even cheaper per point.)
The key phrase here is cheapest "per point"
The quoted price for the quarter share and the points was substantially over $100,000 ( I think the quarter share and points came to $128,000)
My attention started to fade once those figures were quoted
Perhaps there was some room for negotiation but I did not explore that.
I think Marriott is a quality product and I may revisit a more modest purchase in the future
For now I will quietly retreat and lick my wounds
Thanks

 

[DannyTS]

I would wait to see if an ovelay program Vistana/MVC is announced later this year.

 

[frank808]

Just talked with a salesman at Grand Regency about buying a quarter share
To buy a quarter share and 5000 Marriott points would in fact be one of the cheapest per point ways to own points (buying two quarter shares could be even cheaper per point.)
The key phrase here is cheapest "per point"
The quoted price for the quarter share and the points was substantially over $100,000 ( I think the quarter share and points came to $128,000)
My attention started to fade once those figures were quoted
Perhaps there was some room for negotiation but I did not explore that.
I think Marriott is a quality product and I may revisit a more modest purchase in the future
For now I will quietly retreat and lick my wounds
Thanks

Usually each quartershare requires a purchase of 5000 trust points. So buying two quartershares will require 10000 trust points plus $10,000 enrollment fee.

Although I was able to enroll two quartershares by purchasing 5000 trust points. That might have been a one off from a new just opened sales office and new manager.

Sent from my SM-N950U using Tapatalk

 

[5finny]

I see this issue is well discussed in this on going thread:

Most optimal way to reach Chairman status

Unfortunately, I bought 3000 developer trust points before finding out about this forum. My goal now is to level up in the next few years through the most optimal way possible After reading of couple of post veterans such as vol_90 and frank808, I have devised the plan below. Step 1: buy 2...

tugbbs.com

Looks like you enrolled several weeks and two quarter shares
I am guessing you win my lowest cost per point award both in terms of purchase and in terms of maintenance fees (at least in current times)
I am also guessing that "The lowest cost per point" came only with a substantial monetary investment plus much time and effort and a little bit of luck
Congratulations !

 

[csalter2]

I have 5 children and 7 grandchildren.
Possible use would be:
3-4 2 Bedroom units week 52 in Marco for 3 or 4 of the families
2 2 bedroom units in Arizona end of March (spring Break)
3 2 bedroom units during the summer school break for the three children with their own children
2 1 Bedroom weeks in Aruba during the winter
3-4 1 Bedroom weeks in the winter for my wife and I somewhere warm

Now none of this is required but although I don't own at Marriott I have stayed at Marriott
I wince at the price but I do like the quality

I don’t recall you stating how many points you actually want and I know that looking at the possible uses that you are looking at lots of points. However, I would probably wait for Marriott to roll out the hybrid deals which are usually during the summer. Most of the time the hybrids consist of weeks and points bundles. Sometimes Marriott will allow you to buy two weeks directly from them with both of them being enrolled in the Destinations program. when they have these types of specials, it is usually a week from St. Kitts or Aruba which and then another week which is more than likely a resale week from a person trying to sell their timeshare. This type of purchase can have a low price per point that is competitive with resale points. The purchase I had like this was the equivalent of buying points at about $2.50 on the resale market and once Marriott adds it $3/per point charge and you’re looking at about $5.50 per point. My total amount of points from the purchase was about well over 9000 points. My maintenance fee per point was 0.39. In addition, Marriott provided a bunch of incentives that really sweetened the pot and helped me overall reduce the cost of the purchase. I found this much more agreeable with my pocketbook. As suggested earlier by someone else, you may wish to be patient and wait to see what is revealed with the overlay program Marriott is creating. You may find that you’re already in a good position with the timeshares you own. Always remember that maintenance fees only go north.

 

[Dean]

I have 5 children and 7 grandchildren.
Possible use would be:
3-4 2 Bedroom units week 52 in Marco for 3 or 4 of the families
2 2 bedroom units in Arizona end of March (spring Break)
3 2 bedroom units during the summer school break for the three children with their own children
2 1 Bedroom weeks in Aruba during the winter
3-4 1 Bedroom weeks in the winter for my wife and I somewhere warm

Now none of this is required but although I don't own at Marriott I have stayed at Marriott
I wince at the price but I do like the quality

I think you're looking at in the range of 60K points. Retail for points that's $600K and yearly fees around $36K using rough numbers. For just points the quarter shares and enrolling them might be the best option. IMO though just buying the weeks you need then getting them enrolled might be best. It gives you points options but gives you more guarantees and will be cheaper both in terms of cost but it'll also be lower points than if you actually were reserving with points. You might consider buying the weeks for Marco, Aruba and AZ then enrolling with points or you might buy Marco, AZ & say Grande Chateau or Grand Vista and enroll by buying 1 or 2 Platinum weeks in Aruba to enroll. I think Marco may be the sticking point since I believe it is mostly in the trust so you may need points to get there. Those options would cut your costs significantly up front and your dues a fair amount as well. Even if budget is no issue, this will be a 2 year project in all likelihood.

 

[5finny]

Thank you for the information.
Money is always an object and while I would like the vacations the cost is much more than I want to pay.
I will await the overlay
I may also nibble at the Marriott system
I think (if I did anything) I would start by trying to get 8000 pts

 

[Dean]

Thank you for the information.
Money is always an object and while I would like the vacations the cost is much more than I want to pay.
I will await the overlay
I may also nibble at the Marriott system
I think (if I did anything) I would start by trying to get 8000 pts

I have roughly that many points almost all through by enrolling weeks and my fees are costs are a fraction of that. Maybe $200K and yearly about $28K. And were I to start from scratch to get that many points, I'm confident I could get the up front down to maybe $100-120K and the fees to around $20K using very rough numbers and c/w your OP. I'm not sure where you are with the other system but unless you're high level qualified, I doubt you'll have a lot of options that will get you to these resorts and I think it dramatically unlikely they'll get you to Marco for week 52 and that volume though the rest might be doable. But cheapest isn't necessarily best, IMO for what you stated, owning legacy weeks that fit the yearly options is likely best. And it may be that doing so without points would work for you though it'd give you some options if you then enrolled.