Hello all,
Been watching this site for a handful of years since after our first tour (been on three total now.) I still feel a bit lost on determining value.
We just got back from a Lagoon tower stay and presentation and ended up buying...
Here is what they offered us:
All options would not start distributing points until 2020, with first MF payment due in 2020.
Option #1
Grand Islander - 1BR - Gold - 5100 Annual - $42,990 - $1,538 MF
Option #2
Grand Islander - 1BR - Platinum - 7200 Annual - $57,990 - $1538 MF
Option #3
Grand Islander - 2BR - Platinum Plus - 12,600 Annual - $91,990 - $2003 MF
Option #4
Grand Islander - 2BR Premier - Gold - 10,500 Annual - ($89,990 List) $76,590 - $2003 MF
We pursued option #4, and they originally threw in 34,000 bonus points. When we hesitated and asked for more they bumped it to 51,000 bonus points that don't expire until 9/26/2021 as long as we have something booked, so they could last for an additional 9 months beyond that.
The 10,500 points is supposed to allot us the ability to stay in our assigned room during our assigned season for 7 days. Our contract indicates we have week 19, in room 2703. I don't know if any of this really matters.
We paid cash for this and it's all done with.
I have a rough understanding that resell is obviously much less expensive than buying from the developer. However, we would like to obtain status as we tend to maximize those benefits in other programs we are in. Presently we are diamond members as well. We tend to travel two weeks a year, and like to have a total of 4-5 adults, and one child under 18 with us when we do. We love Hawaii, and go there often but go other places as well. I have three base questions.
1. Approximately how good/bad of a deal did we get IN comparison to other developer purchases?
2. Moving forward, what is the best way for us to obtain the additional points needed to obtain status and/or reduce future booking fees, etc.?
3. What are the best/most common resell deals to look for from a structure standpoint for us to add to our point pool?
As a side note, we were heavily interested in a 3 bedroom penthouse in Grand Islander, but they were not available. We would use this size room at least once every year.
If it's easier to post places for me to research myself, I'm more than happy to follow, but have had a difficult time finding the answers to my questions on my own and figured that the group of experts can answer quickly, or point me in the right direction.
Thank you so much for all of your time!
Been watching this site for a handful of years since after our first tour (been on three total now.) I still feel a bit lost on determining value.
We just got back from a Lagoon tower stay and presentation and ended up buying...
Here is what they offered us:
All options would not start distributing points until 2020, with first MF payment due in 2020.
Option #1
Grand Islander - 1BR - Gold - 5100 Annual - $42,990 - $1,538 MF
Option #2
Grand Islander - 1BR - Platinum - 7200 Annual - $57,990 - $1538 MF
Option #3
Grand Islander - 2BR - Platinum Plus - 12,600 Annual - $91,990 - $2003 MF
Option #4
Grand Islander - 2BR Premier - Gold - 10,500 Annual - ($89,990 List) $76,590 - $2003 MF
We pursued option #4, and they originally threw in 34,000 bonus points. When we hesitated and asked for more they bumped it to 51,000 bonus points that don't expire until 9/26/2021 as long as we have something booked, so they could last for an additional 9 months beyond that.
The 10,500 points is supposed to allot us the ability to stay in our assigned room during our assigned season for 7 days. Our contract indicates we have week 19, in room 2703. I don't know if any of this really matters.
We paid cash for this and it's all done with.
I have a rough understanding that resell is obviously much less expensive than buying from the developer. However, we would like to obtain status as we tend to maximize those benefits in other programs we are in. Presently we are diamond members as well. We tend to travel two weeks a year, and like to have a total of 4-5 adults, and one child under 18 with us when we do. We love Hawaii, and go there often but go other places as well. I have three base questions.
1. Approximately how good/bad of a deal did we get IN comparison to other developer purchases?
2. Moving forward, what is the best way for us to obtain the additional points needed to obtain status and/or reduce future booking fees, etc.?
3. What are the best/most common resell deals to look for from a structure standpoint for us to add to our point pool?
As a side note, we were heavily interested in a 3 bedroom penthouse in Grand Islander, but they were not available. We would use this size room at least once every year.
If it's easier to post places for me to research myself, I'm more than happy to follow, but have had a difficult time finding the answers to my questions on my own and figured that the group of experts can answer quickly, or point me in the right direction.
Thank you so much for all of your time!
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