TScurious
newbie
So glad I found this forum! I've learned a lot reading through here already.
A friend mentioned he has a timeshare that he hasn't had the scheduling flexibility to use for some years. Mentioned he might want to unload it.
I offered to take a look at the details and maybe purchase it from him if I thought I could use it. Now that I've done some research, it doesn't seem like "purchasing" would be in my best interest, since these points are available for free or almost free here on the forum and also on eBay and a couple other timeshare sites I found.
The membership iincludes 2900 Shell Vacations Club points annually (it's in the SVC-Pacific home club). At the most, I'm thinking I could offer to take over the MF (~$1,000) or maybe split both the MF & points for part ownership and use points for last-minute "Dash Deals" or II exchanges.
I'm a bargain hunter when it comes to travel; I rarely pay full-price for hotels and look for VRBOs when traveling with family. I have a VRBO of my own (a lake cabin) and have found ways to leverage that a few times in a free membership site for vrbo owners for discounted travel (paid ~$300 total for 5-night stay in a 3-bedroom condo by Disneyland earlier this year that way).
So my specific questions. (no need to reply to them all -- whatever feedback anyone has on *any* of the questions is very welcome!)
1) what are some ways I could maximize using these points if I take them over? (and/or what I can suggest to my friend to get the best use from them besides just the traditional "reserve a week" approach).
2) is there any value in the points that would warrant *paying* for the membership, when there are so many free ones available online? (I can't see doing that, but maybe I'm missing something)
3) I do see timeshares and points for sale on some sites. It seems like if people were buying them, then there wouldn't be so many available for free. Do people put them up for sale because they're willing to wait for someone who is unaware of the free ones, and just hope to get lucky? Or maybe they still have loans on them?
4) In this membership, there are 5800 points that are set to expire at the end of Aug (didn't bank this year's in time, and it appears that last year's that were banked will expire too... I think? -- The membership info says 2900 pts "available for use" at the beginning of the new use year.)
Any suggestions for how to get the best use out of those in the next 3 months?
5) if the points are deposited in II, then it appears from what I've read, that they will be valid for another 2 years from the deposit date. Using them in II, are the points exchange similar to using within SVC?
6) if the points are deposited in II to avoid losing them, what costs are involved? I see an exchange fee is charged for stays at II properties -- is it charged upfront at the time of deposit or is there just the SVC transaction fee at that time, and then the exchange fee paid when an actual stay is booked?
7) how feasible is it to use 5800 points within the next 2 years at an II property? will exchanges be available (even if off-season)? Will that many points go very far? Seems like it would be better than losing them completely though.
8) any other thoughts of how to get at least the $1,000 value of the MF on an ongoing basis? It looks like the points required for a week at the home resort during off-season would just about match that value compared to what is being offered on a retail rate (though with discounts and CAN exchange rate, booking direct retail seems a bit less). That doesn't quite make it worth it to me with my "NPR" (never pay retail) approach.
Thanks, looking forward to any and all feedback!
A friend mentioned he has a timeshare that he hasn't had the scheduling flexibility to use for some years. Mentioned he might want to unload it.
I offered to take a look at the details and maybe purchase it from him if I thought I could use it. Now that I've done some research, it doesn't seem like "purchasing" would be in my best interest, since these points are available for free or almost free here on the forum and also on eBay and a couple other timeshare sites I found.
The membership iincludes 2900 Shell Vacations Club points annually (it's in the SVC-Pacific home club). At the most, I'm thinking I could offer to take over the MF (~$1,000) or maybe split both the MF & points for part ownership and use points for last-minute "Dash Deals" or II exchanges.
I'm a bargain hunter when it comes to travel; I rarely pay full-price for hotels and look for VRBOs when traveling with family. I have a VRBO of my own (a lake cabin) and have found ways to leverage that a few times in a free membership site for vrbo owners for discounted travel (paid ~$300 total for 5-night stay in a 3-bedroom condo by Disneyland earlier this year that way).
So my specific questions. (no need to reply to them all -- whatever feedback anyone has on *any* of the questions is very welcome!)
1) what are some ways I could maximize using these points if I take them over? (and/or what I can suggest to my friend to get the best use from them besides just the traditional "reserve a week" approach).
2) is there any value in the points that would warrant *paying* for the membership, when there are so many free ones available online? (I can't see doing that, but maybe I'm missing something)
3) I do see timeshares and points for sale on some sites. It seems like if people were buying them, then there wouldn't be so many available for free. Do people put them up for sale because they're willing to wait for someone who is unaware of the free ones, and just hope to get lucky? Or maybe they still have loans on them?
4) In this membership, there are 5800 points that are set to expire at the end of Aug (didn't bank this year's in time, and it appears that last year's that were banked will expire too... I think? -- The membership info says 2900 pts "available for use" at the beginning of the new use year.)
Any suggestions for how to get the best use out of those in the next 3 months?
5) if the points are deposited in II, then it appears from what I've read, that they will be valid for another 2 years from the deposit date. Using them in II, are the points exchange similar to using within SVC?
6) if the points are deposited in II to avoid losing them, what costs are involved? I see an exchange fee is charged for stays at II properties -- is it charged upfront at the time of deposit or is there just the SVC transaction fee at that time, and then the exchange fee paid when an actual stay is booked?
7) how feasible is it to use 5800 points within the next 2 years at an II property? will exchanges be available (even if off-season)? Will that many points go very far? Seems like it would be better than losing them completely though.
8) any other thoughts of how to get at least the $1,000 value of the MF on an ongoing basis? It looks like the points required for a week at the home resort during off-season would just about match that value compared to what is being offered on a retail rate (though with discounts and CAN exchange rate, booking direct retail seems a bit less). That doesn't quite make it worth it to me with my "NPR" (never pay retail) approach.
Thanks, looking forward to any and all feedback!