On the fence getting to 7000 level

[capjak]

Offer bundle today I need 5250 points so feed worth 2750 plus trust points gets me there and they offered it for $6.93 which includes 15% off trust price plus $1750 credit for Marriott hotel stay in wailea credit for encore package we had and keep the 4 night stay at Hilton Head and the 250,000 reward points.

Price was $27700 for 2500 points and 8900 for play 2 bed Grande Vista worth 2759 plus 720 closing *2 so Appx $39,000-2600 encore cost =36400 all in? I think this is as good as gets direct and slightly lower MF than buying the same resale trust points. Some years we could use them but other years not. So assume renting points is still the way to go while still can



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[GregT]

So you currently have a week worth 1,750 points annually, and need to buy 5,250 points to achieve 7,000?

7,000 is definitely useful because of the ability to book less than 7 day reservations, but it's a personal decision because $36K is still alot of money for that ability. I do agree that $6.93 per point is as attractive a price as one can hope when buying direct. Good luck and let us know what you do!

Best,

Greg

 

[capjak]

So you currently have a week worth 1,750 points annually, and need to buy 5,250 points to achieve 7,000?

7,000 is definitely useful because of the ability to book less than 7 day reservations, but it's a personal decision because $36K is still alot of money for that ability. I do agree that $6.93 per point is as attractive a price as one can hope when buying direct. Good luck and let us know what you do!

Best,

Greg

Yes I own an every other year 3 bedroom Grande vsta

 

[GregT]

Yes I own an every other year 3 bedroom Grande vsta

That's a good week to own -- and looking at your other timeshare ownership, increasing your Marriott points to 7,000 would really give you a ton of options. One thing I've learned about myself is I continue to think in 7-day increments, and therefore Marriott points are really as valuable as I thought they would be to me.

I basically use points for only the most difficult reservations to obtain (Ritz St. Thomas/10 day trip to somewhere/1 day addition to a 7 day reservation), and I do not routinely use points. As you assess adding more points, I would encourage you to think about how you would spend them, especially if you are buying the hybrid week as a dedicated points generator. Excess points are easy to offload, but the flip side is it's easy to get them too (without the upfront).

I would like to reiterate my view that one day Trust Points > Elected Points. I don't know when, but I think there will be certain reservations that are only obtainable by having some portion of the points be Trust Points (which can also be rented).

Good luck with the consideration!

Best,

Greg

 

[capjak]

Met another couple at the Marriott pool that did the same bundle for similar pricing. However, my offer per the sales agent is void after I left the presentation, so not sure if I wanted to do this if I still could plus the hotel rebate $1750 was based on a hotel stay within 2 weeks of purchase with would end on Wednesday.

 

[TheTimeTraveler]

I'm pretty confident that another hungry sales agent would make another attractive offer to you should you miss out on this particular offer!


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[StevenTing]

It took me a while to understand your first post but I think I think I got it figured out. Here is how I look at it. 5250 points purchased at an all in cost of $28875 ($3.50 per point plus junk fees and closing). You're valuing the purchase from Marriott at $36400 after all incentives. That's a $7525 difference. The Marriott route is less hassle and wills save you $$ on MFs in the long run. I've never been to Grand Vista but if that resort works for you, this doesn't seem like a bad deal.

Depending on how serious you are and how much you feel you can negotiate, I'd suggest trying to see if they'd sell you the 2500 points for $23000. That's the original $9.20 price that they started with in 2010. It saves you $4700 if they bite. They may not go all the way down to $9.20 but maybe you can get them to budge a little. However, if you're doing this, I'm assuming you can pay all cash. Get the check book ready and write it out. Or have the CC ready to charge.

As much as you want to get to 7000, you have the negotiating power since you have the check book. Get to the point where you're ready to sign and then ask for more. It never hurts to ask.

 

[capjak]

It took me a while to understand your first post but I think I think I got it figured out.

I typed my original post on my cell phone, so I see why it is hard to understand. But you did figure it out. Thanks for the advice.