travelhome
TUG Member
I saw people recommend a RCI point leasing package. I'm a newbie so do not currently own any TS to take advantage of PFD.
http://www.timeshareforums.com/forums/classifieds/viewad-192.html
Looking at the following two packages
1) worldmark 6000 account for about $3000 initial cost
plus $450 MTF + opportunity cost of 6% at $180/yr
so total $630 / year
and
2) a RCI 3 year lease for 63,000 RCI points with initial cost of $622
plus $573 MTF + opportunity cost 6% at 40/yr
so total $613 / year
I intend to use worldmark do flexchange with II. So both programs would incur either II or RCI membership cost and per exchange cost, so I didn't count that in.
The worldmark credit is dropping its value fast. So after 3 years (same as leasing period), if credit value is 0.4c/pt vs. 0.5c/pt now, it is $600 out, about the same as the initial cost of the RCI point package.
So comparing a 6000 worldmark account and a 63,000 RCI account, which one would give better vacation experience in 3 year period of time?
Thanks a lot for your help!
Tiff
http://www.timeshareforums.com/forums/classifieds/viewad-192.html
Looking at the following two packages
1) worldmark 6000 account for about $3000 initial cost
plus $450 MTF + opportunity cost of 6% at $180/yr
so total $630 / year
and
2) a RCI 3 year lease for 63,000 RCI points with initial cost of $622
plus $573 MTF + opportunity cost 6% at 40/yr
so total $613 / year
I intend to use worldmark do flexchange with II. So both programs would incur either II or RCI membership cost and per exchange cost, so I didn't count that in.
The worldmark credit is dropping its value fast. So after 3 years (same as leasing period), if credit value is 0.4c/pt vs. 0.5c/pt now, it is $600 out, about the same as the initial cost of the RCI point package.
So comparing a 6000 worldmark account and a 63,000 RCI account, which one would give better vacation experience in 3 year period of time?
Thanks a lot for your help!
Tiff