Sales Presentation @ Canyon Villas

[DJensen]

Just completed a presentation at Canyon Villas - great sales rep as far as information. We actually had a presentation with him 5 years ago and like him then too. We received $250 Marriott Gift Cards as the gift.

Question is - current per fee cost is $17.72 = the offer of 1,500 points with a 10% price discount (down to $15.94) and a purchase price credit (previous Encore) of $1500 would get us to $22,410. This would also include 3,000 Club Point bonus along with 150,000 Bonvoy points.

We currently own 1,000 points and have the option of our Manor Club conversion to points of 2,375. All in this would get us to 4,875 points and Select level (I am already lifetime Platinum through hotel stays, but the 13 month window is attractive).

I know the common statement is that is always too expensive direct from Marriott - does this hold true with the bonuses offered?

Also, what is the ballpark of points on the resale market? I realize there is the $3,000 education fee.

 

[jwalk03]

You could buy 1500 points on the resale market for $10,500 including the mandatory fees. So buying from Marriott is costing you a premium of $11,910.

150,000 Bonvoy points is worth $1200 using the Points Guy valuation of 0.008 per point.
You could rent 3000 Club points easily for ~$2400.
So your bonuses are worth ~$3600 while you are paying a premium of $11,910 to get them.

Net negative of $8310.

BUY RESALE (if you need more points)

 

[Hindsite]

Why do you thing the 13 month window is attractive?
- Many resorts have min stay requirements so you can't actually book 1 night at 13 months anyway.
- Depending on where you are looking to stay, there may not be lots of inventory in the Trust that gets released at 13 months anyway.
- You can already book at 12 months for 7+ nights, and they hold back around 50% of the inventory for 12 months anyway
- Lots of inventory goes in and out all through the year with peaks of release around the end Sept and end Oct election deadlines, waitlist works well for may.
If you know that what you want to book is available only at 13 months, then buy resale. If you don't know that then do some searches to see when you might be able to book and then buy if needed.
All the best

 

[Fasttr]

This is how I look at it, assuming your primary reason is simply to have access to Select level 13 month privileges.

As an Owner, you can still book 7+ nights at 13 months, just with a 20% points premium. At Select, you do not gain 1+ night booking at 13 months (you get that at Executive), you would have the same 13 month privileges as you currently have (7+) nights, but you would gain no longer having to pay the 20% premium on a 13 month 7+ night booking at Select level.

Lets say an average 7 night booking you will make is 3500 points. 20% premium to book that at 13 months would be 700 points. Current rental rate on those premium points is about MF rate which is $0.82...so about $574 cost to you if you rented them. Your purchase price in the first post is $22,410. So it would take you 39 years, even without time value of money calc making it longer, to break even....on simply renting the points needed to pay the 20% premium to book at 13 months now, with your current ownership vs the cost to acquire the additional points to get to Select (and on top of that, you would have to pay annual MF's on the newly purchased 1000 points too, making the true break even more insane).

And that's assuming you needed to actually book at 13 months every single year...which is unlikely, but more likely perhaps needed only every now and then on a really hard to get week, where you can now just pay the 20% premium. It just doesn't seem to make financial sense to me.

 

[claraj]

This could be a one-off example but I needed a 3BR in Mallorca Spain for August of 2025 and it was easier for me to grab a 3BR at 12 months out rather than 13 months. It seemed like more inventory is released at 12 months than 13 months. Not sure if anyone else has experienced this or not.

 

[jwalk03]

This could be a one-off example but I needed a 3BR in Mallorca Spain for August of 2025 and it was easier for me to grab a 3BR at 12 months out rather than 13 months. It seemed like more inventory is released at 12 months than 13 months. Not sure if anyone else has experienced this or not.

None of the international resorts have inventory that is owned by the trust. International inventory is only available to book with points when an owner of a week there elects to trade their usage for points in a given year. So it does not follow the typical release patterns of 13 months & 12 months the way domestic resorts do.

 

[Wanderlustgrl]

We not just buy the 750 pts you need to get to the level. Same cost as buying 1500 resale but much lower maint if all you want is the level *this was just discussed on another post about what they will let you buy