pipet
TUG Member
- Joined
- Jul 3, 2010
- Messages
- 367
- Reaction score
- 8
- Points
- 228
- Resorts Owned
- Marriott Waiohai, Marriott Shadow Ridge
1. Ability to rent more points from other owners at a reduced cost. You can't do this unless your an owner enrolled in the DC.
I disagree with this statement - being in the DC points program allows you to have the points you rent transferred into your account (and your name), but you can still rent if not in the DC. You rent points from an owner and have them make the reservation for you; this is similar to renting a week from a weeks' owner; most Marriott owners leave the reservation in their name and add the renter's name to the reservation.
As for rescinding, I also think the initial cost of points is very hard to justify. As someone also pointed out, very few 3500pt weeks would realistically cost you $3000-4000k for the week. Some prime Maui weeks will cost you that much to rent, but they would also cost you 2 years of points as well, so there isn't any savings. There are *some* value weeks in the system where the point cost (based on MF & ignoring initial outlay) is cheaper than renting, but those are the exception rather than the rule.
If you have tons of money, the points program is nice because of the flexibility. If you are not overflowing with cash, I'd seriously consider renting points for .60/pt instead of buying them and/or simply renting a traditional week from year to year. Renting from year to year is the ultimate in flexibility, and renting from owners will almost always be cheaper than the rates you see at Marriott.com.
Check out http://vacationpointexchange.com/ to see what the point rental market looks like. Like others have mentioned, study the charts as others to see what 3500 gets you and compare rental prices for those same weeks.