It’s an excellent deal, with the per point cost in the vicinity of the 3-3.50 resale point cost that may pass ROFR plus the $3 pp junk fees. Plus enrolling a resale week.
I wonder if it has to do with the relative strength of the dollar to the Euro now, since Aruba and St Kurt’s weeks remain much higher
Sent from my iPhone using Tapatalk
There are two ways to look at these deals and I have alternated myself between how I think about them.
The first way is to look at the total cost per point and total MF per point, as
@altiste1 did in post#4. I think the MGC week in that example would be much pricier, but the conclusion will be the same even if you paid $20K for the resale week. Since you're buying the developer week at ~$6.5/point (which is already ahead of buying resale points due to lower MFs) after including a "strong" resale week you can get to a total cost of around $4 point with substantially low MFs/point as well. That definitely beats buying resale points at $6-$7 and your MFs will be much lower too compared to Trust points. And with just 2 weeks and a spend of less than $40K you'd likely be at Executive level. That's the "Excellent deal" way to look at it.
The second way to look at it is that the 3BR Gold Playa week is generally worthless on the resale market (see
here for asking prices via broker) so you just paid a $19,000 "enrollment fee" to get a resale week into an exchange company. Interval International charges less than $100/year for membership. That's the "It's a very pricy membership fee" way to look at it.
There is no right way or wrong way really - it's a matter of perspective and personal choice. If you are considering buying Trust points or doing a hybrid deal to enroll resale weeks anyway, then going the Spain route is a "much less pricy" Abound enrollment fee option. If you prefer to watch your money grow in a brokerage or bank account, then keep your resale week/s unenrolled and trade with II.
For those considering this route for point generation, I should point out that buying a 3BR Playa resale week as the "resale part" of the transaction is not a bad option either. The 3BR Platinum seafront is 5600 points and it seems that can be bought for around $15K (
link). Just don't rely on it as a lockoff to trade in II because lockoffs are not guaranteed at time of booking. But on a point value/MF/upfront cost basis it beats a NCV PP26 2BR week.
