Marriott Cypress Harbour Direct Purchase "Special"

[ajlm33]

Received the email text below from my direct sales Marriott rep regarding a year end special for purchasing TWO weeks at Cypress Harbour - Sport Season. Thought I'd pass along the info: Price breakdowns are for regular price/Sales price.



QUOTE:

CYPRESS HARBOUR SPORT
Two Week Owners Only Special
Vacation Club Proposal
______________________________________________________________________________

• Resort Name: MARRIOTT’S CYPRESS HARBOUR
• Season: 2 Week Sport
• Form of Ownership: Fee Simple
• Home Resort Use Date: See Calendar
• Size: 2BR 2BA
• Interval International Exchange: Red
• Marriott Rewards Point Trade: 90,000/week
• Maintenance Fee and taxes: $1682/2008
______________________________________________________________________________

• Purchase Price: $32,200 $27,800
• Minimum Down Payment: $3,220 $2,780
• Loan Term: 10 years 10years
• Mortgage Payment: $459 $382
• Origination Fee/Mortgage Points: None None
• First Year Occupancy: 2009 2008 points
• Prepayment Penalty: None None
• Interest Rate: 13.99 % 13.49%
• Closing Costs: $704 $704

Use your Visa, Mastercard or American Express for down payment or entire purchase....
____________________________________________________________________________________________

ADDITIONAL PURCHASE BENEFITS:

• Complimentary Interval International Initiation Fee
• Marriott to pay First Year Interval International Membership Dues

____________________________________________________________________________________________

COMMENTS: November Special – MVCI owners could receive 510,000 points at closing with this package in addition to the 14% discount. Cypress Harbour Sport weeks are one of the best values in the Marriott System.
____________________________________________________________________________________________

Relax, it’s Marriott!!

Prices, Terms, Benefits and Usage subject to change without notice....

 

[timeos2]

The predicted penny has been dropped. End of timeshare sales model 1.0

Does that mean Marriott has lowered the price by a penny or more? After all, a sale is a lowering of the asking price. If so the end of timeshare as we know it has occurred! And it was only predicted late last week!

Wow. I don't feel any different. Maybe it hasn't sunk in yet.

 

[iamnotshopgirl]

Marriott has to be kidding right? I was looking to buy a sport week at Cypress Harbour and were watching several on Ebay within the last month. I ended up buying a white week at Sable Palms just last week. I can tell you, and if anyone doubts me check the below links to Ebay, that the last several listings have gone for less than $2500 for a Sport week at Cypress Harbour.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=110300837486

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=270290494726

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&ssPageName=STRK:MEWAX:IT&item=290266675649

Way to go Marriott Sales :rofl:

 

[JimC]

The timeshare market is not efficient. Prices for timeshares have significant ranges depending on the seller's marketing muscle, forums used, seller's patience and the like.

Is this similar to what they did in the last recession?