I think I know the answer, but just want to make sure I am not missing anything.
If I wanted to get to VIP status what is the cheapest method?
I already have resale points and understand they don't qualify towards the VIP status to get me there......but if I get there without them, then those points receive some of the VIP benefits....correct?
RC
Cheapest way is to buy retail and use PIC to get points that count toward VIP.
You can PIC up to two non-Wyndham, non-RCI Points weeks and get the following points:
Studio---------------------70,000
1 Bedroom---------------105,000
2 Bedroom --------------154,000
3 Bedroom or more-----254,000
These points are available to either use (PIC Plus) or just count toward VIP for a limited time without getting actual use of points(PIC Express)
So if you have 2 2-bedroom intervals, you can apply them both and get 308K toward VIP, leaving 92K to purchase retail for Silver, 392K for Gold, and 692K for Platinum. Either way, you continue to pay MF to the original HOA of your PICd intervals, plus a nominal fee to Wyndham for the PIC points.
Some have suggested that PIC only applies for 5 years. I have read that if you apply PIC in association with a retail purchase, it's indefinite. I've seen another comment that the contract states that PIC intervals are subject to annual review and VIP may be cancelled at any time based on developer decision not to honor interval(s).