Ongoing Sales Incentive - Enrolling Post-6/20/10 Weeks [MERGED]

[TXTortoise]

OP, did you get a specific discount and bonus for 5500 points or same percentage and discounts as for 4000?

 

[jmhpsu93]

The Plus Points are how those bonus points show up in your MVC Destinations account, separate from your yearly allotments.

When you consider the value of those 12K bonus points (~$7K+), I think you net down to about $7/point. Still a little steep compared to under $5/point resale all-in right now, but if you have some valuable resale weeks with relatively low maintenance fees (which my gold MGV units are unfortunately NOT...) not a bad deal.

 

[StevenTing]

Still not incentive enough for me to bite. Give me the option to pay $5,000 per week to enroll and I’m there.

 

[Wahoo]

Still not incentive enough for me to bite. Give me the option to pay $5,000 per week to enroll and I’m there.

For me I think the threshold to get me to bite would be more like $1000-$2000/week.

 

[StevenTing]

For me I think the threshold to get me to bite would be more like $1000-$2000/week.

It needs to be enticing to MVC as well. I don’t think they’d go that low. I’m guessing the $5000 price would be equivalent to a 1000 point purchase once they factor in all costs and commissions.

 

[jimwu921]

OP, did you get a specific discount and bonus for 5500 points or same percentage and discounts as for 4000?

It was hard enough to get the price for 4000 level so I didnt pursue further. Did a rough extrapolation (0 --> 4000 pts, $14/pt --> $10.18/pt) and it shows going to 5500 level could drop the price per pt to about $8.75. Does that sound reasonable?

 

[Fasttr]

It was hard enough to get the price for 4000 level so I didnt pursue further. Did a rough extrapolation (0 --> 4000 pts, $14/pt --> $10.18/pt) and it shows going to 5500 level could drop the price per pt to about $8.75. Does that sound reasonable?

The $14.54 to $10.18 is a 30% discount. It’s unlikely they would discount in a linear fashion for more points purchased.

Historically the 4000 point scenario has gotten you a 20% discount plus other incentives, so the 30% discount quoted above is certainly more aggressive than in the past.

 

[csalter2]

I

just got off the phone with rep in headquarter. Took a good half hour to just get the price tag. I am interested but wants to wait for a better timing.....

3000 pts for 1 week
4000 pts for 2 weeks
5500 pts for 3-7 weeks

$10.18 per pts at 4000 level with $5000 discount paying with cash, total will be $35720. Per pt price drops to $8.93.

Incentive: 12000 plus points (different than regular point?) good for 3 year

Where is the week you are enrolling and what season is it in? What is it’s points value in the DC system? That would have a lot to do with my thought consideration. If you’re bringing in a week with high DC point value, then it’s worth considering. You may wish to consider buying a week in Aruba, St. Kitts or Spain instead of straight points. You would pay less price per point if you bought a higher DC point value week. I went through the process and was going to buy a week 7 or 52 at St. Kitts for its higher point DC point value. It was way cheaper than buying points. In addition the more points for the higher value weeks brings the maintenance fee per point down.

What are plus points?

Something to consider.

 

[Steve Fatula]

I believe plus points are one time use points, i.e., not permanent or recurring. So, you use them, and they go away.

 

[csalter2]

I believe plus points are one time use points, i.e., not permanent or recurring. So, you use them, and they go away.

Can they be banked or transferred?

 

[Steve Fatula]

I don't think they can be banked, they typically have a period they are good for. The OP says his were good for 3 years. Transferred? No idea, I would think not but am not sure.

 

[Dean]

just got off the phone with rep in headquarter. Took a good half hour to just get the price tag. I am interested but wants to wait for a better timing.....

3000 pts for 1 week
4000 pts for 2 weeks
5500 pts for 3-7 weeks

$10.18 per pts at 4000 level with $5000 discount paying with cash, total will be $35720. Per pt price drops to $8.93.

Incentive: 12000 plus points (different than regular point?) good for 3 year

So you're looking to enroll 2 weeks? I wonder what it would be to enroll those 2 weeks right now with an Aruba or St. Kitts purchase?

 

[jimwu921]

So you're looking to enroll 2 weeks? I wonder what it would be to enroll those 2 weeks right now with an Aruba or St. Kitts purchase?

That is a good question. I have 2.5 weeks (2 aruba surf gold and half grand chateau) and plan to push for only 4000 pts purchase. Other tugers have done it so should be no issue. I image the Aruba purchase offer will be in similar price range as 4000 pts (a platinum week for 2 week enrollment is at $37k+ from last year dp). Will follow up with them on that.

 

[frank808]

That is a good question. I have 2.5 weeks (2 aruba surf gold and half grand chateau) and plan to push for only 4000 pts purchase. Other tugers have done it so should be no issue. I image the Aruba purchase offer will be in similar price range as 4000 pts (a platinum week for 2 week enrollment is at $37k+ from last year dp). Will follow up with them on that.

With the 12000 DC point bonus with purchase of 4000 DC points it brings your true cost down to about $28k. Easily rent those 12k points @.60 each.

Better buy to me than the weeks purchase at St. Kitts. But there will be a difference in MF. I would see how many years it would take to break even the $9k difference between the 4k DC points and the st Kitts week MF.

Sent from my SM-N950U using Tapatalk

 

[Dean]

That is a good question. I have 2.5 weeks (2 aruba surf gold and half grand chateau) and plan to push for only 4000 pts purchase. Other tugers have done it so should be no issue. I image the Aruba purchase offer will be in similar price range as 4000 pts (a platinum week for 2 week enrollment is at $37k+ from last year dp). Will follow up with them on that.

I’ve seen 7.5 weeks (me), 8 weeks and 2 fractional for the price of one. I personally haven’t seen indications of 2.5 for the price of 2 but I could see it happening. Price for your level will likely be similar with an Aruba or St. Kitt’s purchase but it depends on what level you decide and they will do. The more you pay up front the cheaper your dues will be on a per point basis but there’s the up front costs to factor in which can be a lot more. Personally I’d check at least to know your options. I’m guessing mind you but you’re likely looking at a Surf Dlub 2 BR Platinum GV or a 1 BR Ocean Club Platinum week or a higher view Gold week to quality. Since all of your weeks have the potential for lockoff’s and trading (assuming GC is not a 1BR), that’s a potential $300-500 on average per year swing depending on exchange and lockoff volume and could be as much as $1000 a year if you were to lockoff and exchange everything. IF you only lockoff and trade these GC week EOY it’s around $400 every 2 years. But it also gives you options on your other weeks including change/cancelation fee waivers. It’s not likely that is enough to justify enrollment on their own but the benefits add up, as do the cost. Let us know how it goes and what you find out.

 

[csalter2]

I’m sorry, but if plus points are one time Destination points, the 12,000 (twelve thousand) seems like way more than is usually offered. It’s way out of alignment from offers I’ve read about. I

 

[jimwu921]

Said they are not licensed to sell Aruba weeks to OR residents. That is new to me

The rep said buying points will be my best option since they rolled pricing back to launch date (I checked the history and it was $9.20 in 2010).

I’ve seen 7.5 weeks (me), 8 weeks and 2 fractional for the price of one. I personally haven’t seen indications of 2.5 for the price of 2 but I could see it happening. Price for your level will likely be similar with an Aruba or St. Kitt’s purchase but it depends on what level you decide and they will do. The more you pay up front the cheaper your dues will be on a per point basis but there’s the up front costs to factor in which can be a lot more. Personally I’d check at least to know your options. I’m guessing mind you but you’re likely looking at a Surf Dlub 2 BR Platinum GV or a 1 BR Ocean Club Platinum week or a higher view Gold week to quality. Since all of your weeks have the potential for lockoff’s and trading (assuming GC is not a 1BR), that’s a potential $300-500 on average per year swing depending on exchange and lockoff volume and could be as much as $1000 a year if you were to lockoff and exchange everything. IF you only lockoff and trade these GC week EOY it’s around $400 every 2 years. But it also gives you options on your other weeks including change/cancelation fee waivers. It’s not likely that is enough to justify enrollment on their own but the benefits add up, as do the cost. Let us know how it goes and what you find out.

 

[Dean]

Said they are not licensed to sell Aruba weeks to OR residents. That is new to me

The rep said buying points will be my best option since they rolled pricing back to launch date. What was the price back then?

But there are other ways to get it done. It’s not about where you live but where you are when you sign that’s the issue. Can you gets mail and notary in a different state? Also, you can contact Aruba directly though I suspect the rules are the same. It’s non uncommon that timeshares aren’t licensed to sell in all states.

 

[Steve Fatula]

I’m sorry, but if plus points are one time Destination points, the 12,000 (twelve thousand) seems like way more than is usually offered. It’s way out of alignment from offers I’ve read about. I

Yes, I agree.

 

[jimwu921]

Can the plus points be rented and transferred to other owners? Or you will have to book for them?

With the 12000 DC point bonus with purchase of 4000 DC points it brings your true cost down to about $28k. Easily rent those 12k points @.60 each.

 

[csalter2]

Can the plus points be rented and transferred to other owners? Or you will have to book for them?

See post #13 above.

 

[Fasttr]

The rep said buying points will be my best option since they rolled pricing back to launch date (I checked the history and it was $9.20 in 2010).

And that $9.20 was the rack rate, that they discounted down from there.

 

[GregT]

All,

Yes I was offered the 5,500 Trust Points at $9.20 per point. I was offered 16,400 Bonus Points that are useable over a 3 year period.

Interesting to see a little variety in the offers. They are also offering an Aruba 2BR OS for $41K with 4,000 Bonus Points.

Best,

Greg

 

[TXTortoise]

All,

Yes I was offered the 5,500 Trust Points at $9.20 per point. I was offered 16,400 Bonus Points that are useable over a 3 year period.

Interesting to see a little variety in the offers. They are also offering an Aruba 2BR OS for $41K with 4,000 Bonus Points.

Greg, when was your offer?

 

[csalter2]

All,

Yes I was offered the 5,500 Trust Points at $9.20 per point. I was offered 16,400 Bonus Points that are useable over a 3 year period.

Interesting to see a little variety in the offers. They are also offering an Aruba 2BR OS for $41K with 4,000 Bonus Points.

Best,

Greg

So 50k for 5500 DC points w/16,4000 Bonus points or 41k for an OS Aruba unit worth 4075 DC points w/4,000 Bonus Points. MF is .60 for DC points and .47 for Aruba.