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CW Developer Price Increase Coming April 2023
- Thread starter bryjake
- Start date
bnoble
TUG Member
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- Nov 14, 2006
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If I am generous, and I amortize that at 30 years at 3% inflation, that's $15/K/year in purchase costs in the first year. Throw in an "average" MF, another $7/K, and you are at $22/K for the first year.
That makes the Smoky Mnts 1BR I just booked (at a 30% discount, offered to all owners) just under $1,300, or about $184/night. Honestly? That's better than I thought it would be. Going through Extra Holidays the same room would be about $238/night. And only the MFs are subject to inflation, so over time the spread should get better.
If you really are doing this for a lifetime of vacations, even a developer list price purchase can work. Too bad they don't sell it this way. That doesn't change the fact that resale points are a dime on the dollar---at worst.
That makes the Smoky Mnts 1BR I just booked (at a 30% discount, offered to all owners) just under $1,300, or about $184/night. Honestly? That's better than I thought it would be. Going through Extra Holidays the same room would be about $238/night. And only the MFs are subject to inflation, so over time the spread should get better.
If you really are doing this for a lifetime of vacations, even a developer list price purchase can work. Too bad they don't sell it this way. That doesn't change the fact that resale points are a dime on the dollar---at worst.
- Joined
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- Resorts Owned
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Marriott's Grande Vista
Marriott's Harbour Lake
Sheraton Vistana Villages
How many points were behind your math here?
bnoble
TUG Member
- Joined
- Nov 14, 2006
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- 4,256
- Points
- 698
- Location
- The People's Republic of Ann Arbor
Those are all per 1,000 points. If you buy 1,000 points, you pay $293. That amortizes at 3% over 30 years to $15/year. "Average" MFs are about $7/K. The 1BR unit I booked in late May is about 58.5K points IIRC. The rental cost from EH is for the exact same room.