Is this a good deal?

[bongo]

Trades

Mahalo for your reply, kjd.

You know, my first choice was Maui. Just a quick flight for me and even if the flights to the mainland continued to be pricey, I could always afford Maui by air or ferry...the ferry would allow me to ship my car as well. The MFs are just so high! And, I like a full kitchen which means higher purchase prices for the villas.

Anyway, it's good to hear GC is on the list. Question about the trades...if I picked up an EOY 2-bdrm, how can I get some sort of use every year? Lock off, deposit half (or whole) with II - then II will allow me to trade EY?

Thanks for your help - just as many have said, I am really happy to have stumbled upon this site. I appreciate you and all the Tuggers for their insight and their willingness to share experiences, good and bad. It's been very educational to say the least!

 

[thinze3]

According to a recent Marriott owners presentation that I attended they listed the top ten traders within the MVCI. The top two traders were in HI. (Maui and Ko Olina) They are expensive ts to purchase....

I think that info would change dependent on where you were taking the preview. Here is what trading company, DAE, said recently about various Marriotts. I imagine that a prime ski week at MountainSide or Summit Watch (and others) would trade every bit as good if not better than those listed below.

Terry

Please note that these were all submitted as 2BR units which sleep 8 for week 26 of 2008.


Aruba Surf Club..............3323
Maui Ocean Club.............3060
Waiohai..........................2952
Ko Olina.........................2952
Grand Ocean...................2796
BeachPlace Towers...........2396
Grand Chateau................2382
Playa Andaluza................2284
Newport Coast................2274
Barony Beach..................2219
Grande Vista...................2205
Ocean Pointe...................2109
Monarch Sea Pines...........2017
SurfWatch......................2017
Village d'Ile-de-France......1949
Manor Club......................1937
Timber Lodge..................1934
Legends Edge..................1917


Grand Vista 3BR...............2857
.

 

[kjd]

two bedroom lockoff

It is possible to trade into every year usage with an EOY unit. You simply deposit your lockoff one year in advance and then trade into a unit for that year. This will leave the remaining portion of the unit for trading the following year.

There are a couple of considerations. You don't have to trade for something outside of your resort or something of equal size. Once your lockoff is listed with II you can trade back into your resort and possibly get a larger unit for that year. Or, you can trade for a larger unit elsewhere. This usually can happen during flextime but at some resorts it can happen at other times as well.

Your other consideration is that lock offs and trading does add some additional expense to your vacation because of transaction fees. You can also be left with only a studio EOY if you can't make a trade to upgrade.

All and all, I think it's a good way to go as an alternative to an EY one bedroom purchase.

 

[bongo]

2-bdrm lockoff

Thanks again, kjd.

That allows for great flexibility, despite any transaction fees - especially if I can upgrade. Okay, I will definitely take that into consideration when buying.

Have a great week!

 

[m61376]

Another consideration when balancing an EOY 2 BR versus an annual 1BR are the MF's; 2BR MF's are a little more than 1BR's, but much less than 2 1BR's.

 

[hot2trot]

You said you were considering an Every Other Year Purchase. That is why your purchase incentives are only 75,000 points - for a week every year you get 150,000. You also mentioned that you are a "newbie" so you don't qualify for self referral points. You can turn your week in for 110,000 points EVERY OTHER YEAR - not every year. When you are purchasing they will offer you the option to pay for alt use points - that will end pretty quick though as it sounds like you are talking about an even year use. The advantage of the alt use points is you don't pay the $104 fee and you have some points to use while you are waiting for your first occupancy.

Keep in mind that in 2009 you can reserve your 2010 occupancy, lock off your villa and exchange into 09 so you have a week in 09 as well as a week in 10 to use.

I own in Vegas and I love it. Many people mentioned properties in California, but what they didn't consider is the property taxes in California are pretty high and when you add taxes to the MF, it is much higher than Vegas. If you will use Vegas then by all means buy that as your home resort. I have traded all over with mine with no problem.

 

[bongo]

Hi Hot,

I was not aware that you could trade "backwards"...2010 usage, lockoff, and use in 2009. How well does the non-kitchen side trade? Also, just curious, did you buy direct or re-sale? I'm wondering what the difference might be in this respect.

Thanks for your help!