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RCI Points unit sells for more than Platinum Marriott Canyon Villas

djyamyam

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fishingguy

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the coveted 122K Grandview Points...

The cost per point on the Grandview unit is very low, and that is the selling point [lots of points for low MF all in one package]. Higher upfront cost can be distributed over several years (e.g. 20 years), still providing very low cost to the new owner. You can typically get 2-3 prime travel 2BR exchanges through RCI for the $680 MF.

These Grandview units were going for next to nothing about 18 months ago, I picked up 2 for essentially the closing costs. Then the word leaked-out and drove the price up (probably from TUG?). You don't see many anymore, even on eBay. (Of course the resort is still selling retail points conversions for about 4K$, and brokers in LV are selling resale units at $15K+ for the exact same thing now.)

Depending on when the unit was converted and/or deeded, you may also be entitled to an additional exchange week with RCI (just for the cost of an exchange fee); a few of them have this perk. It shows up in your account as a bonus exchange, for making the 'highly desired' deposit with RCI; and is typically good for a <45 day exchange during the use year. [I believe some of the Vacation Village-Parkway units and others may also carry this deposit bonus, depending on the underlying week and when it was first deeded.]
 
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chriskre

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RCI Pts VV Parkway
Enchanted Isle resort.
Marriott GV
, but really??

But really:p , RCI points can be a great gig if you happen to want to go to the resorts that RCI deposits on the points side. Many times when the weeks cupboard is bare the shelves are overflowing on the points side. Not always but quite often enough that for me it's worth owning my points.

I've personally gotten a ton of mileage out of my RCI points for very reasonable cost and just added a Grandview unit myself but not from ebay.

I know there are many haters here but I think that depends on where you live and what you are trying to achieve. Maybe I'm just lucky but it's been working for me for more than 6 years and counting. ;)
 

rthib

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I think this is an outlier due to the listing and offer.

I keep an eye out for cv and most have been going in the 4-6 range.

This one falls through search because it does not list property name.

Also first use is in 2013, so that also keep bids down.
 

djyamyam

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I think this is an outlier due to the listing and offer.

I keep an eye out for cv and most have been going in the 4-6 range.

This one falls through search because it does not list property name.

Also first use is in 2013, so that also keep bids down.

Given that this is platinum season how long it takes to transfer ownership, it's actually better that usage isn't until 2013 so you could book a good week for usage or trade. Given the timing, you couldn't book a good week to use for 2012 even if you wanted to
 
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