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RCI Points / 3 year RTU lease

Elan said:
Is this the latest cost structure for these leases, indicating it cost $2850 over 3 years to obtain 60K RCI Points per year?

MF'S and RCI Points/Week Dues
TOTAL COST - 1st Year Years 2 & 3 (each year)
13,000 Points = $ 791.00 $ 293.00
45,000 Points = 1,162.00 664.00
60,000 Points = 1,282.00 784.00
Click to expand...

You are paying for the initial set up fees for the RCI Account, plus the RCI Points membership fee for 3 years in that, too. Included with the RCI Points membership is a free account for weeks. The cost averages .01583 per point for the first three years, then the 4th, 5th and 6th are much less. Club Trinidad charges $99 for the lease renewal. You have to pay for the RCI Points membership, anyway, wherever you buy the points.
 
I'm happy we got in before the cost went up. Since we already had an RCI Points account we just wanted some extra points without having to buy another timeshare. We have been happy and plan to renew.

Lynn
 
advocatemom said:
Anyone who is new to the program, can you update us on how the experience was? Have you been able to use your points yet?
Click to expand...

I leased the 60,000 point package at the end of December. Everything went very smoothly, and Bill was very helpful. If you do go ahead with the progam, I would suggest calling RCI every so often to check on the status...My RCI membership was active by the end of December, but I've only just now received my first mailing from them letting me know of my membership number. I called them frequently though after sending in my paperwork and was able to get my memberhsip information from them about two weeks after.

I've made one reservation so far...for November 2010 in Orlando, and should have enough points left over to do a second vacation this year. Overall, so far I'm very happy that I did the lease program. It gives me chance to try out RCI and the whole timeshare thing without committing to a lifetime of maintenance fees. Assuming that I'm this happy at the end of the 3 years, I will likely either renew, or venture out and purchase my own timeshare.
 
ssummer said:
I leased the 60,000 point package at the end of December. Everything went very smoothly, and Bill was very helpful. If you do go ahead with the progam, I would suggest calling RCI every so often to check on the status...My RCI membership was active by the end of December, but I've only just now received my first mailing from them letting me know of my membership number. I called them frequently though after sending in my paperwork and was able to get my memberhsip information from them about two weeks after.

I've made one reservation so far...for November 2010 in Orlando, and should have enough points left over to do a second vacation this year. Overall, so far I'm very happy that I did the lease program. It gives me chance to try out RCI and the whole timeshare thing without committing to a lifetime of maintenance fees. Assuming that I'm this happy at the end of the 3 years, I will likely either renew, or venture out and purchase my own timeshare.
Click to expand...
If I am correct you sound like me, new to timesharing. Am I right that prior to leasing your 60,000 points you did not own any sort of timeshare, were not a member of RCI etc. Can you tell me your total 3 year costs for your initial 60,000 points including the RCI membership and any other pertinent fees. Thanks.
 
jjansen said:
If I am correct you sound like me, new to timesharing. Am I right that prior to leasing your 60,000 points you did not own any sort of timeshare, were not a member of RCI etc. Can you tell me your total 3 year costs for your initial 60,000 points including the RCI membership and any other pertinent fees. Thanks.
Click to expand...

You are correct...prior to this lease, I did not own any sort of timeshare. The RCI membership cost are included in the lease fees:

MF'S and RCI Points/Week Dues
TOTAL COST - 1st Year Years 2 & 3 (each year)
13,000 Points = $ 791.00 $ 293.00
45,000 Points = 1,162.00 664.00
60,000 Points = 1,282.00 784.00

The only thing not included in these fees are any sort of exchange fees that RCI charges. For the week in Orlando that I booked, this was $139. A total list of RCI transaction fees can be found here:

http://www.rci.com/RCI/RCIW/RCIW_index?body=RCIW_KBResultExpanded&type=faq&id=1041

Aside from that, everything is included in the cost...here's a breakdown:

Year 1:
Lease Fee- $99
RCI Memberhsip - $224
Closing Cost - $299
Maint. Fees - $660
TOTAL - $1282

Years 2 & 3:
RCI Membership - $124
Maint. Fees - $660
TOTAL - $784
 
timeos2 said:
It is most definitely not limited to CA as our resort in Cape Cod has also signed on to a similar program to offer leased/RTU weeks (usually the lower value times) to the RCI Points program. It has worked out great at generating reliable income for nearly impossible to sell weeks. Many more seasonal resorts, that are Silver Crown or better as Cindy correctly points (sorry, no pun) out, should look into it as a great way to give real value to otherwise really tough to market time. Everyone wins.
Click to expand...

John,

Does your Cape Cod resort offer it for 3 year lease the same way as CA resort? Could you please provide more info.

Thanks,
Vicky
 
Last edited:
What does his message mean exactly?

Hi hajjah, I've read the quote from Bill and since 2/1/10 is right around the corner, I thought I ask if you know what this means exactly? Does it mean he will have a better package than what we've seen discussed this month (i.e. the 60K points package the biggest pkg now) or is it the last chance to get in on this deal?

I emailed Bill a week or two ago and no response yet. Considering calling him and/or the Edna mentioned that works at Club Trinidad. Anyone know if you can get this process started by going thru CT vs. Bill?

One other question - if 60K is the max and we really wanted closer to 80, would it be a good idea to buy 2 packages? I'm thinking the 60 and the 13 but not sure if we'd be able to combine them into one account. Anyone know the answer to this?

TIA,
Jacque

hajjah said:
I just received this update from Bill a few minutes ago. It might be more beneficial at this point to wait a little longer.

YES - I am in the final stages - by 2/1/10 - that will be the BEST points package EVER.
If you are interested NOW in the 13,000 point package, that is available at this time. This has been a difficult time for all but, despite the governemnt intervention, will make us stronger. Call me as I am very short on time at this time - but should be caught up by 1-1-10. If you could post to TUG and timeshareforums, I would appreciate.

Thanks!

Bill

Bill Riney's
InkFromBill
YourInkOnlineStore
Agency Systems
PointsForTimeshares
913.927.5778

Bill Riney
Click to expand...
 
RTU Points

FYI I have read about these lease programs, I can only assume its a try it before you buy it program. I toured a small resort in orlando that sold RCI Points in increments starting at 10,000 points annually with a maintenance of just $99 when you consider the last call inventory at no more than 9000 points per week I couldn't pass up the deal especially when I could upgrade at any time and was for life and could pass it on!
 
I have not heard anything about the updated program. Bill had advised me to keep checking the message boards. I'll give this a few more weeks to see what happens.
 
Has anyone heard an update on this or had any recent experience getting one of these three year leases?

I'm considering options for getting into RCI Points (Grandview, Rayburn, and a few others), and this certainly seems like a good choice, especially if you need extra points just for a few years (which I do).
 
I never got another update on this RTU program. I was ready to buy more points, but Bill did not post again on this board that I am aware. I did get an email form another Tugger who indicated that you can transfer points from one member to another for a fee, if this helps at all.
 
If anyone hears that this points for lease program is still running, please post it. I tried calling Bill and e-mailed him twice in the Spring, but never heard from him.
Ava
 
Are RCI Leases still available?

I want to bring this back from the dead.

Has anybody heard anything regarding RCI lease/RTU in the past year or so?

It is the PERFECT option for me to supplement my timeshares for large vacations I plan to take in the next 3 years, but I am unable to find much about it....which seems to be the case a few years ago :wall:

I did email Bill Riney; however I'm not sure if he's even doing it anymore!

Many thanks!!!!
 
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