Survived the presentation < $0

[MelBay]

Survived the "60 minute" presentation and "free" breakfast at the Grand Desert in Las Vegas. I was on eBay looking at recent sales and realized I could get the same # of points for oh-so-much-less.

So, what are the pitfalls of buying Wyndham points resale? Any of the perks they promised that I won't get if I don't give Wyndham 1/2 my 401(k)?

And, can someone help me understand what difference it makes where you buy your points? Aren't points points?

Thanks in advance. I'm intrigued by the system, but not enough to pay their prices.

 

[bnoble]

Resale restrictions: they do not qualify for VIP. A resale-only account is not eligible for Plus Parters (i.e. RCI Points crossover) without a $2400 enrollment fee. VIP is not worth the cost to buy from the developer in any reasonable scenario. RCI Points access is probably not worth the enrollment fee; there are better ways to get to RCI Points.

Home resort implications: Advanced Reservation Priority (usually not a huge concern unless you have very specific and hard to get needs), and different $MF/K ratios.

The resorts are great, and bought resale, the system is a fair value.

 

[Mickey Moe]

A resale-only account is not eligible for Plus Parters (i.e. RCI Points crossover) without a $2400 enrollment fee. RCI Points access is probably not worth the enrollment fee; there are better ways to get to RCI Points.

Are you saying that you don't have the ability to trade with RCI when you buy resale?

 

[ronparise]

Are you saying that you don't have the ability to trade with RCI when you buy resale?

There are two types of RCI ... rci points and rci weeks.

A Wyndham ownership will give you a RCI weeks membership included with the fees you pay, and you can exchange your Wyndham points for RCI weeks. You can also get to the RCI extra vacations and last call inventory where you can get a weeks vacation with no exchange fee and without using your Wyndham points (just pay money) RCI Last Calls are to my way of thinking the best deal in timeshares, but you need to be able to be a little flexible in terms of location, quality and unit size and you need to be able to make last minute travel arrangements

The RCI points side will not be available to you as a Wyndham resale owner, unless you also buy Plus Partners

 

[vacationhopeful]

There are two types of RCI rci points and rci weeks.....The RCI points side will not be available to you as a Wyndham resale owner, unless you also buy Plus Partners

In Wyndham, Plus Partners is also called "Nightly Stays". That is the subset of RCI Points.

 

[Fern Modena]

So you came to Vegas, Mel, and didn't let me know???

Fern

 

[Giselherr]

Survived the "60 minute" presentation and "free" breakfast at the Grand Desert in Las Vegas. I was on eBay looking at recent sales and realized I could get the same # of points for oh-so-much-less.

So, what are the pitfalls of buying Wyndham points resale? Any of the perks they promised that I won't get if I don't give Wyndham 1/2 my 401(k)?

And, can someone help me understand what difference it makes where you buy your points? Aren't points points?

Thanks in advance. I'm intrigued by the system, but not enough to pay their prices.

I own both at Patriots Place and Kingsgate in Williamsburg. All three weeks were bought resale via ebay. They threaten and lie about it, but I have never seen any problem using either the fixed week ownerships nor the points ownership.

The latest ploy seems to be this "Club Access" deal whereby I was to give up my fixed week ownership (Christmas Week) to combine with the Kingsgate points membership, and pay Wyndham a carefully-avoided-mentioning fee or probably $25K which would "spread the maintenance fee over all 70 resorts in the club" which were to only increase about 1% a year and to these resorts I would receive Advanced Reservation Priority. Also part of the spiel was that at some point in the future, I could "split" the deed and "sell" part or all of the deed back to Wyndham -at an unmentioned price, of course.

 

[rrlongwell]

I own both at Patriots Place and Kingsgate in Williamsburg. All three weeks were bought resale via ebay. They threaten and lie about it, but I have never seen any problem using either the fixed week ownerships nor the points ownership.

The latest ploy seems to be this "Club Access" deal whereby I was to give up my fixed week ownership (Christmas Week) to combine with the Kingsgate points membership, and pay Wyndham a carefully-avoided-mentioning fee or probably $25K which would "spread the maintenance fee over all 70 resorts in the club" which were to only increase about 1% a year and to these resorts I would receive Advanced Reservation Priority. Also part of the spiel was that at some point in the future, I could "split" the deed and "sell" part or all of the deed back to Wyndham -at an unmentioned price, of course.

Were they saying Access was a deeded property or just a vacation club (no deed)?

 

[ronparise]

Were they saying Access was a deeded property or just a vacation club (no deed)?

It dosent matter what they say,,,Access is not deeded. Some think thats a problem...I dont

 

[Giselherr]

It dosent matter what they say,,,Access is not deeded. Some think thats a problem...I dont

In fact they DID say that I would be exchanging THREE deeds for ONE deed, which one DEED could be "split" into as many "sub-portions" as I may desire. They were pushing the concept that "as owners get older, vacation usage declines and it can be difficult to dispose of a timeshare, this gives you the possibility to SELL it back to Wyndham.

Of course, they said that I was probably NOT eligible because I had "refused" at some point in the past (but I had never heard of this Club Access prior to this meeting at Governors Green on November 5 2011, so I think this was probably a ploy to try and make me think that they had expended a lot of effort to obtain an exception from Wyndham corporate.)

If any of this was true, why would they harangue me and my wife for 2.5 hours about something that was "impossible"? So I put it down to the typical
sales liar crapola. In addition, at the owners' meeting on November 2, someone from Wyndham corporate (in answer to a direct question of how one
was to dispose of a no longer wanted/needed timeshare) said that something would be forthcoming on that subject from Wyndham within the next 12 to 18 months.

 

[rrlongwell]

Thanks for the info. For what it is worth, I have attended a sales presentation awhile ago that was pushing the fact that Wyndham was considering entering the re-sale market in a big way.