MVC newbie

[ljmiii]

Ritz Carlton and Four Seasons come to mind that some would call 5* but that's about it and they are all out of your price range > curious what is the price range for those?

You can look on redweek to see prices though as @Dean wrote you need to pay particular care to look at MFs as well as initial price. Also Ritz-Carlton Clubs are sold as multiple week deeds - how those weeks are divided up depends on the RCC resort.

 

[Dean]

Yes. Thus far the promotions have had a 'price' for enrolling 2 resale weeks and then a higher price for 3-7 weeks. Grand Chateau Platinum 2BR is 3275 and 3BR is 4625, Grande Vista Platinum 2BR is 2775 and 3BR is 3725. These numbers and a great deal of other useful MVC information can be found on https://vacationpointexchange.com/ (which also is a platform for renting Abound Points).

And Abound Points can be used for a year, but they can also be borrowed and banked. The length of time they can be banked into depends on the number of points and enrolled week point equivalents you own - an additional 12 months for lesser tiers, 18 months if you own 10,000 points, and 24 months if you own 15,000 points.

This year the program is a little different, at least for Aruba & St. Kitt's weeks. The max is 5 weeks and the documentation says the requirements increase for each additional week rather than just 1, 2 or more (3-7). And the documentation specifically says no exceptions above 5 weeks though my contact said he had seen no examples to test how hard line this is. I know they had been told that MVC was cracking down in this area. At least for Aruba & St Kitt's, they've laid out a dollar limit that increases for EACH and every week up to a max of 5 weeks. I am not sure if the points enrollment or spain are tracking the same process.

 

[Dean]

You can look on redweek to see prices though as @Dean wrote you need to pay particular care to look at MFs as well as initial price. Also Ritz-Carlton Clubs are sold as multiple week deeds - how those weeks are divided up depends on the RCC resort.

I believe that they (RCC) can only be enrolled if bought from an authorized reseller much like Tahoe Fractionals.

 

[jmhpsu93]

This year the program is a little different, at least for Aruba & St. Kitt's weeks. The max is 5 weeks and the documentation says the requirements increase for each additional week rather than just 1, 2 or more (3-7). And the documentation specifically says no exceptions above 5 weeks though my contact said he had seen no examples to test how hard line this is. I know they had been told that MVC was cracking down in this area. At least for Aruba & St Kitt's, they've laid out a dollar limit that increases for EACH and every week up to a max of 5 weeks. I am not sure if the points enrollment or spain are tracking the same process.

The program is similar for this year on the Abound points purchases as well.

3K points = 1 week
4K points = 2 weeks
5K points = 3 weeks
6K points = 4 weeks
7K points = 5 weeks

 

[Dean]

For weeks it's more dollar based but it lines up pretty well with those numbers. The question I need to figure out is whether the dollar amount is pre or post discount based. In the past it's been prediscount.

 

[Mroze]

The program is similar for this year on the Abound points purchases as well.

3K points = 1 week
4K points = 2 weeks
5K points = 3 weeks
6K points = 4 weeks
7K points = 5 weeks

This is quite expensive.

Does anyone know if Vistana is still offering the following?
$10K-Flex = 1-Weeks
$15K-Flex = 2-Weeks
$20K-Flex = 3-Weeks
$25K-Flex = 4-Weeks
$30K-Flex = 5-Weeks
$35K-Flex = 6-Weeks
$40K-Flex = 7-Weeks
...
With this option one could purchase resale and enroll 7 [or more] x Westin Lagunamar [2BR-PLAT+WLR/148100-SO] that accrues 34650-DCP [4950 * 7] annually.

• Enroll-Cost: This would work out to $1.15/DCP [$40K/34650].
• Maintenance-Cost: This would work out to $0.33¢/DCP [$1650/4950-DCP]

Until recently Vistana was still enrolling VSN-Weeks. Looking for info on anyone able to enroll MVC-Weeks via the VSN-Sales-Channel.

 

[sponger76]

Does anyone know if Vistana is still offering the following?
$10K-Flex = 1-Weeks
$15K-Flex = 2-Weeks
$20K-Flex = 3-Weeks
$25K-Flex = 4-Weeks
$30K-Flex = 5-Weeks
$35K-Flex = 6-Weeks
$40K-Flex = 7-Weeks

I was communicating with a salesperson (Cabo-based) just this week and was offered to enroll two Sheraton VOIs in VSN/Abound for $15k worth of Flex (in this case Aventuras) purchase.

 

[dioxide45]

I was communicating with a salesperson (Cabo-based) just this week and was offered to enroll two Sheraton VOIs in VSN/Abound for $15k worth of Flex (in this case Aventuras) purchase.

The big question is though, can you enroll Marriott weeks in the same fashion?

 

[sponger76]

The big question is though, can you enroll Marriott weeks in the same fashion?

Didn't ask that one. I can't remember the thread, but just recently someone mentioned being able to retro a Vistana ownership with an MVC purchase. I would *almost* think that would mean the reverse applies. Whether or not MVC and Vistana use the same kind of logic is beyond me.

 

[Dean]

This is quite expensive.

Does anyone know if Vistana is still offering the following?
$10K-Flex = 1-Weeks
$15K-Flex = 2-Weeks
$20K-Flex = 3-Weeks
$25K-Flex = 4-Weeks
$30K-Flex = 5-Weeks
$35K-Flex = 6-Weeks
$40K-Flex = 7-Weeks
...
With this option one could purchase resale and enroll 7 [or more] x Westin Lagunamar [2BR-PLAT+WLR/148100-SO] that accrues 34650-DCP [4950 * 7] annually.

• Enroll-Cost: This would work out to $1.15/DCP [$40K/34650].
• Maintenance-Cost: This would work out to $0.33¢/DCP [$1650/4950-DCP]

Until recently Vistana was still enrolling VSN-Weeks. Looking for info on anyone able to enroll MVC-Weeks via the VSN-Sales-Channel.

For westin with an MVC purchase, it's 1000 points per week or it's equivalent from what I'm being told. For example, a 4000 point Aruba week would enroll 4 Westin/Vistana weeks.

 

[igopogo]

And the documentation specifically says no exceptions above 5 weeks

Does that mean that quarter shares cannot be enrolled?

 

[m61376]

So glad you found TUG and are exploring your options, learning before buying! I wish we had discovered timeshares when our kids were younger!
A few thoughts- some of which others have made but bear repeating -
-what will your travel schedule look like in 5 years? In 10?
- do you like Orlando because it’s convenient with the kids being young, or do you just really like Orlando?
- you mention the Caribbean- do you have a favorite island?
-obviously a big attraction of timeshares is the space and the convenience of a kitchen/laundry. Are you ok without the 5 star amenities like daily housekeeping and room service? Don’t want to sound negative- for us it’s ideal, but sone consider it a huge step down.
- locking off is great and allows you to trade for another week. As the kids get older are you ok with a 1 BR?
- what’s your job flexibility? Many great trades to be had, and better work flexibility makes it easier to use. Sone people have to request vacation times far in advance and many great trades pop up months to even weeks in advance.

Personally, buying was one of the best decisions we ever made! But we both had the work flexibility to plan a few months out and since we’ve retired it’s been great. You’re far from this point, but the same concepts apply- as expenses and income change, owning at least partially takes away the question of whether to spend the money on vacations or not. We travel way more than we otherwise would. So that’s another intangible benefit of ownership. And being able to take family and friends is priceless.

My suggestion would be to dip your toes in. Just because you can afford 20-30k doesn’t mean you have yo spend it at once. You mention lining Grand Vista- but a resale week and see how it works for you, how you like the trades. Especially with kids your ages Id big a 3BR Platinum week. Use the 2BR and trade the studio, or when you want to go someplace else have a strong 2 BR trader. Understand that for trading size really matters. And price and NFs for a 3BR are only a little more than for a 2BR.
IF you really love it buy another resale week or two, and then later on you can think of s developer week in Aruba or a hybrid purchase from Marriott to enroll your resale weeks as an incentive to purchase.
Good luck and welcome to Tug!


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[altiste1]

This year the program is a little different, at least for Aruba & St. Kitt's weeks. The max is 5 weeks and the documentation says the requirements increase for each additional week rather than just 1, 2 or more (3-7). And the documentation specifically says no exceptions above 5 weeks though my contact said he had seen no examples to test how hard line this is. I know they had been told that MVC was cracking down in this area. At least for Aruba & St Kitt's, they've laid out a dollar limit that increases for EACH and every week up to a max of 5 weeks. I am not sure if the points enrollment or spain are tracking the same process.

For a purchase of an enrolled week, what is the dollar amount spend for each number of resale weeks enrolled?

 

[Dean]

Does that mean that quarter shares cannot be enrolled?

They can assuming they are bought from an approved reseller. The requirements are different, usually modesty higher cost than you hear talked about for enrolling multiple MVC weeks but with this years changes in the enrollment program, who knows. And they can be enrolled buying weeks where applicable if the spend is enough though usually looking at an OF or event week or a 3 BR Platinum to do so with one week purchase. One thing to note is that they can be enrolled all year long rather than just when the amnesty program is active. If one wants volume and just points, that is clearly the cheapest long term play. My Aruba contact has told me they can get that done. Let me know if you want his contact info. An example I saw last year was that one person had to buy a week worth 5225 points to enroll a fractional.

For a purchase of an enrolled week, what is the dollar amount spend for each number of resale weeks enrolled?

The info I've seen is the following for Aruba/St. Kitt's/Points.

• $36300 to $53119 for 1 week
• $53120 to $66399 for 2 weeks
• $66400 to $79649 for 3 weeks
• $79680 to $92959 for 4 weeeks
• $92960+ for 4 weeks
• Purchase week must be the same or similar to owed weeks
• Must be closed prior to the end of this years program
• Specifically stats not applicable to GRC (Tahoe or London) or RCC
• US residents/Aruba Gallery guests

In the past the dollar spend requirements have been based on non discounted prices, I'm not sure if this is true here or not and IMO, it would be a world of difference, esp since St. Kitt's can be much cheaper per point. I asked my contact about any flexibility off this as we've seen in the past and he said he didn't know and had not seen an example to test it so far when I asked. He'd told me last fall that they had been told MVC was cracking down in this area going forward and this years program would certainly support that thought. Now the question is wether the economic issues will pressure them into more behind the scenes flexibility.

 

[frank808]

I would never pay these prices to enroll all my MKO weeks. Actually I would not even pay the current 4 week price to enroll my 12 MKO weeks.

Guess these MKO weeks will be up for rent when not being used by myself or family.

I would spend more per week to enroll each week than the purchase price of the MKO weeks. $9k to buy an annual MKO ocean view and $23k to enroll it is just crazy math.

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[RookWDW]

The info I've seen is the following for Aruba/St. Kitt's/Points.

• $36300 to $53119 for 1 week
• $53120 to $66399 for 2 weeks
• $66400 to $79649 for 3 weeks
• $79680 to $92959 for 4 weeeks
• $92960+ for 4 weeks
• Purchase week must be the same or similar to owed weeks
• Must be closed prior to the end of this years program
• Specifically stats not applicable to GRC (Tahoe or London) or RCC
• US residents/Aruba Gallery guests

In the past the dollar spend requirements have been based on non discounted prices, I'm not sure if this is true here or not and IMO, it would be a world of difference, esp since St. Kitt's can be much cheaper per point. I asked my contact about any flexibility off this as we've seen in the past and he said he didn't know and had not seen an example to test it so far when I asked. He'd told me last fall that they had been told MVC was cracking down in this area going forward and this years program would certainly support that thought. Now the question is wether the economic issues will pressure them into more behind the scenes flexibility.

If I'm understanding correctly, in order to enroll two resale weeks I would need to buy two Aruba or St Kitt's weeks for $53120 to $66399? We are interested in both purchasing a week in the Caribbean (Aruba / St Kitts / St Thomas) and also enrolling our two weeks, but I'm not sure about that price. Do all MVC sale people have the same deals / options or is it better to talk to someone in Aruba / St. Kitts vs the local staff at MGO?

 

[igopogo]

From Dean’s post it looks like one Aruba purchase at the price you listed would cover two resale weeks.

In my experience with an Aruba purchase, Dean’s contact had access to some better options than going through the corporate office.

 

[Dean]

If I'm understanding correctly, in order to enroll two resale weeks I would need to buy two Aruba or St Kitt's weeks for $53120 to $66399? We are interested in both purchasing a week in the Caribbean (Aruba / St Kitts / St Thomas) and also enrolling our two weeks, but I'm not sure about that price. Do all MVC sale people have the same deals / options or is it better to talk to someone in Aruba / St. Kitts vs the local staff at MGO?

My understanding is single week that matched the spend requirements could enroll up to 5 weeks. I'd certainly ask about any flexibility as the requirements to enroll 1 week 3 years ago enrolled 7.5 for me and 12 for another TUGGER.

 

[RookWDW]

My understanding is single week that matched the spend requirements could enroll up to 5 weeks. I'd certainly ask about any flexibility as the requirements to enroll 1 week 3 years ago enrolled 7.5 for me and 12 for another TUGGER.

If that is correct, and you can buy one Aruba week for $35k ish to enroll 5-7 weeks, that could be a decent value. Likely not worth it for just two weeks. I'm sure we will end up buying more in time although I'm not entirely sure where yet. I could see getting a second MGC trading week and a second MGO week so we can book family to stay with us, and possibly a couple Hawaii weeks to use every other year except flights to Hawaii from Ohio are long and expensive.

 

[Dean]

If that is correct, and you can buy one Aruba week for $35k ish to enroll 5-7 weeks, that could be a decent value. Likely not worth it for just two weeks. I'm sure we will end up buying more in time although I'm not entirely sure where yet. I could see getting a second MGC trading week and a second MGO week so we can book family to stay with us, and possibly a couple Hawaii weeks to use every other year except flights to Hawaii from Ohio are long and expensive.

One point is that the program is different this year. On the MVC side the stated Max if 5 weeks not 7 now.

 

[Mroze]

One point is that the program is different this year. On the MVC side the stated Max if 5 weeks not 7 now.

With the new MVC program, is it possible to enroll 5 weeks with a single Aruba purchase by spending $35K?

 

[Dean]

With the new MVC program, is it possible to enroll 5 weeks with a single Aruba purchase by spending $35K?

For MVC I believe it's $96000. For Westin/Vistana my understanding is 5 weeks would require a week or combination of weeks totaling 5000 points.

 

[jwalk03]

For MVC I believe it's $96000. For Westin/Vistana my understanding is 5 weeks would require a week or combination of weeks totaling 5000 points.

Wowzer! I would love to enroll my weeks someday, but no way in the world I would spend that kind of money to do it!!

 

[Dean]

Wowzer! I would love to enroll my weeks someday, but no way in the world I would spend that kind of money to do it!!

As I noted previously, there has been flexibility in the past. It remains to be seen whether these represent final costs or non discounted costs, which is a big difference. It does seem to reflect what I'd heard previously, that they intended to cut back on bigger enrollments. We'll see if they stick to their principles as things get tighter into this year. You could always ask what they can/will do. Fortunately my contact is willing to ask for flexibility where applicable. The cost was half that when I enrolled in 2019.

 

[celica7101]

Hi all

I did my first Abound/MVC presentation on the weekend in Florida and did some research afterwards and cancelled the contract as it was too expensive. After discovering this site, redweek and others I had no idea how complex this subject can be, it's apparent it will take time for me to become knowledgeable about this world and make smart decisions... Anyway I am looking for 3-4 weeks vaca year in a 1 or 2 bedroom that I can use with my wife and 2 kids (2&4 year olds) and we will travel globally not a problem. How many points should I need and what's the best site to buy the points? I noticed that there is a 3 dollar per point transfer fee added to any transaction, does that mean we have access to the same options as the Destinations program? (which they now call Abound). I am also Platinum Elite on Marriott Bonvoy.

Any advice appreciated!!

Thanks

@TUGBrian another to add to the cancelation dollars saved?