kds4
TUG Member
- Joined
- Jan 6, 2011
- Messages
- 1,818
- Reaction score
- 420
- Location
- USA
- Resorts Owned
- Marriott Weeks and DC Points
Had our latest ‘owner update’ in Orlando. Was pitched a $24k ‘insurance policy’ to ‘help me’ protect my ability to DOWNGRADE my ownership and/or “Save $200 a year on your maintenance fees”. Stay with me…
“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”
So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…
Winning? Uhh, “No. Thanks” NEXT …
“You have weeks and points. You have more points than you’re using. Your maintenance fees on your weeks are costing you more than if you owned that value in points instead of the weeks you have in your ownership now. You should sell your weeks on Redweek. That will drop you down from CC to Executive, but you can ‘insure’ your ownership at Presidential by buying 1,500 points today. That will keep you above the minimum for Presidential after you’ve sold your weeks and you can use all of the money for selling your weeks toward the $24k you’d spend today on these 1,500 points guaranteeing your ability to downgrade your ownership in the future …”
So, $24k today to save about $200 year in MFs on those weeks versus points and be able to downgrade my ownership level…
Winning? Uhh, “No. Thanks” NEXT …