spaulino
TUG Member
- Joined
- Jul 15, 2013
- Messages
- 260
- Reaction score
- 5
- Points
- 128
- Location
- Orange County, California
- Resorts Owned
- Marriott Ko'Olina Beach Club
I have a few questions and hope people can give me answers or tips. I am a week owner at Ko'Olina EOY. Odd year, purchased resale a few years back (after 2010). I've done my research on purchasing weeks in resale but never looked into points. After our presentation, I am thinking of buying points, maybe about 1500 pts. Currently their offer sounds pretty good with all the "freebie points" they are giving. For 1500 pts., @15.18/pt. They are giving a promo discount of 10% off ($2280), and another credit of $2K, and giving me 3K points good to use for 3 yrs, and financing incentive of 1500 pts, will be given to me after my 18th month payment (financing). With the extra 3K pts + 1500 pts,. that gives me 4500 points to use the next 3 yrs. And I can "delay" the 1500 points I"m buying until either 2022 or 2023 so that means I won't have to pay maintenance fees until what year I choose (either 2022 or 2023)...... Total purchase of 1500 points = $18, 441. This does NOT enroll my current week ownership and I want to leave it that way. I own EOY Odd years and we've always used it in Ko'Olina and plan to do so in the future. This is just to own points to use during Even years that I don't own to use in Ko'Olina or elsewhere.. Like next year in Kauai when we do have to pay for hotel for a week.
Does this sound like a good or ok deal? I know resale is still cheaper, but not sure how much cheaper. My question is, are there any limitations when purchasing points from resale market vs Marriott? How much would it cost me on resale market if I try to purchase 1500 points. Isn't there many fees and junk fees when purchasing resale and therefore, after all the fees that need to be paid, does it come close to what Marriott sells it for?
With those extra points they are giving me, I can go back to Ko'Olina 2022 or even try to use it in Kauai next year in Aug which we plan to go for my husband's golf tourney.
Any tips is greatly appreciated. And if there's anything else I need to know about purchasing points in resale, let me know Thanks.
Does this sound like a good or ok deal? I know resale is still cheaper, but not sure how much cheaper. My question is, are there any limitations when purchasing points from resale market vs Marriott? How much would it cost me on resale market if I try to purchase 1500 points. Isn't there many fees and junk fees when purchasing resale and therefore, after all the fees that need to be paid, does it come close to what Marriott sells it for?
With those extra points they are giving me, I can go back to Ko'Olina 2022 or even try to use it in Kauai next year in Aug which we plan to go for my husband's golf tourney.
Any tips is greatly appreciated. And if there's anything else I need to know about purchasing points in resale, let me know Thanks.
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