Thinking about selling my MVC points and buying a week.

[rcostner]

I have 2500 MVC points; 2 bedroom week at Marriott's Barony Beach Club enrolled (Valued at 2,700 points per year); every other year at Westin Nanea Maui enrolled week (Valued at 3,600 whick makes it 1,800 points per year). The total value is 7000 points, which places me in the Executive level.

I would like:

1. To buy a 2-bedroom lockoff (like Marriott's Lakeshore Reserve or Marriott's Grand Vista in Orlando) so I can exchange two resorts for my one 2-bedroom lockoff in Interval International (II).

2. Have an MVC resort in the Florida club.

3. Try to lower my annual maintenance fees or at worst keep them the same by selling my MVC points (either 2000 or all 2500 points) after buying the MVC Florida 2 bed lockoff.

4. My wife and I would also like to go to Marriott's Ko Olina beach club every other year.

Questions:

1. Does it make sense to do that?

2. Most of the time I would simply use my Florida Club MVC 2 bed lockoff in II to exchange for a week in a MVC Hawaii resort. Is that possible?

3. Would I be able to sell my MVC points?

4. How difficult would it be to buy a 2-bedroom lockoff.

5. Which MVC Florida resort would be the best option and what season to buy (Gold or Platinum)?

 

[VacationForever]

If you want to go to MKO every other year, it is best to buy an EOY deed there.

There is very little value in resale MVC points, about $3 to $4 per point to pass ROFL. Redweek is filled with owners willing to sell for a $1 to $2 a point.

Not difficult to buy MGV, alot harder to find Lakeshore Reserve (Lakeshore Reserve MF is also much higher).

Platinum week for sure.

 

[Dean]

I have 2500 MVC points; 2 bedroom week at Marriott's Barony Beach Club enrolled (Valued at 2,700 points per year); every other year at Westin Nanea Maui enrolled week (Valued at 3,600 whick makes it 1,800 points per year). The total value is 7000 points, which places me in the Executive level.

I would like:

1. To buy a 2-bedroom lockoff (like Marriott's Lakeshore Reserve or Marriott's Grand Vista in Orlando) so I can exchange two resorts for my one 2-bedroom lockoff in Interval International (II).

2. Have an MVC resort in the Florida club.

3. Try to lower my annual maintenance fees or at worst keep them the same by selling my MVC points (either 2000 or all 2500 points) after buying the MVC Florida 2 bed lockoff.

4. My wife and I would also like to go to Marriott's Ko Olina beach club every other year.

Questions:

1. Does it make sense to do that?

2. Most of the time I would simply use my Florida Club MVC 2 bed lockoff in II to exchange for a week in a MVC Hawaii resort. Is that possible?

3. Would I be able to sell my MVC points?

4. How difficult would it be to buy a 2-bedroom lockoff.

5. Which MVC Florida resort would be the best option and what season to buy (Gold or Platinum)?

In your situation as you've presented it, it does not make sense to me. You'd basically be giving your points away and paying money for an additional option. You're at executive level and have option in the points world, that does have some value. You may know that most (not all) GV weeks are in the FL Club but none of the Lakeshore units are in the FC.

For the FL Club GV is the best option for most (platinum only). Realize that starting with this years week the traditional exchange resorts are not seeing HI as consistently as they have previously. I'd say if you can't handle the increased fees I'd just rent privately or use your points for Ko Olina. You may want to look at a Grand Chateau 3 BR so you can get 2 exchange that are a 1 BR and a 2 BR) though not in the FL Club. Or as noted, just buy an EOY week at Ko Olina though I personally would prefer the exchange route with lower fees.

 

[vacationtime1]

If you want eoy at Ko Olina, buy eoy at Ko Olina. Or bank your MVC points alternating years and use those points to reserve Ko Olina.

Exchanging is inherently uncertain. Rules change. Trading preferences and trading power change. Nothing is guaranteed.

By reserving at 12 months, you also increase your chance of getting lower prices on airfares (or free flights using points); a last minute exchange could result in high airfares. If you are paying for airplane tickets for a family, this adds up.

You should also get better room assignments as an owner compared to an exchanger.

 

[ljmiii]

I have 2500 MVC points; 2 bedroom week at Marriott's Barony Beach Club enrolled (Valued at 2,700 points per year); every other year at Westin Nanea Maui enrolled week (Valued at 3,600 whick makes it 1,800 points per year). The total value is 7000 points, which places me in the Executive level.

I would like:

1. To buy a 2-bedroom lockoff (like Marriott's Lakeshore Reserve or Marriott's Grand Vista in Orlando) so I can exchange two resorts for my one 2-bedroom lockoff in Interval International (II).

Unless you want to stay in Lakeshore or Grande Vista most years, you should buy a lock-off 'II trader' with higher trade value/lower MFs. I've read Grand Chateau in Las Vegas frequently mentioned...but there are others.

2. Have an MVC resort in the Florida club.

Your points will get you into those resorts easily (unless you can't plan 12/13 month in advance). Selling them and buying a Florida Club week is unlikely to be advantageous unless you're looking at a *very* long horizon.

4. My wife and I would also like to go to Marriott's Ko Olina beach club every other year.

For this my #1 recommendation would be to buy a Ko Olina EOY week irrespective of whatever you do with your points and/or potential II trader or Florida week.

3. Would I be able to sell my MVC points?

Yes...though it may take some time and you shouldn't expect to receive more than $2/point.

4. How difficult would it be to buy a 2-bedroom lockoff.

In my experience it is easy to find sellers of pretty much any MVC week.

 

[rcostner]

After hearing all the good input everyone is giving me, I think I might want to sell my 2,500 MVC points (maybe get $1000 - $2000). Then I would like to buy every other year Marriott Ko Olina Oahu, 2 bedroom lockoff for $5000. This would allow my wife and I and my son and his family to stay at a 2 bedroom in Ko Olina or just my wife and I stay in a one bedroom in Ko Olina and exchange the studio in Interval II. We could stay every other year there or even exchange both the studio and 1 bedroom in II if we wanted to see other resorts.
Questions:
1. Does this make sense? What am I missing? Are my expectations off?
2. Could a Ko Olina studio exchange easily to another MVC resort with a possible upgrade into a one or two bedroom?
3. Could a Ko Olina 1 bedroom exchange easily into another MVC resort with possible upgrade into a two bedroom?
4. Does the resale purchase of the MVC Ko Olina count towards my MVC member level (like Select or Executive)?
5. How do you know how points would the Ko Olina resale purchase be worth if any in the membership levels?
5. I could lose my MVC Executive level when I sell my 2500 points. Is the executive level worth keeping over the Select level? The biggest benefit of the Executive level seems to be the Titanium level in Bonvoy versus the Platinum in Bonvoy for Select MVC members.

Thank you all for all your help and responses. I really appreciate them!!

 

[vacationtime1]

Resale week purchases do not count in determining MVC membership levels (resale points purchases do count, after MVC's $3/point extortion fee is paid).

Ko Olina is probably a killer exchanger, but you will usually be exchanging for inferior and/or less expensive resorts. You must pay extra for room size upgrades when Interval offers them.

 

[TolmiePeak]

Don't chase the membership levels. They aren't worth it.

 

[echino]

Don't chase the membership levels. They aren't worth it.

Bonvoy Titanium, United Silver and Air Canada 25K have been very useful.

Do not sell your points if it results in losing those perks. You won't get much money for the points anyway.

If you buy a resale week, it doesn't count for status and will not be enrolled. Only buy a resale week to stay there - not for trading via II. Trading a resale week via II come with additional costs: annual II membership fees, exchange fees, size upgrade fees, etc. This negates any savings on maintenance fees. Don't buy a resale week to trade.

Buy EOY Ko Olina to stay there, not to trade.

 

[Dean]

After hearing all the good input everyone is giving me, I think I might want to sell my 2,500 MVC points (maybe get $1000 - $2000). Then I would like to buy every other year Marriott Ko Olina Oahu, 2 bedroom lockoff for $5000. This would allow my wife and I and my son and his family to stay at a 2 bedroom in Ko Olina or just my wife and I stay in a one bedroom in Ko Olina and exchange the studio in Interval II. We could stay every other year there or even exchange both the studio and 1 bedroom in II if we wanted to see other resorts.
Questions:
1. Does this make sense? What am I missing? Are my expectations off?
2. Could a Ko Olina studio exchange easily to another MVC resort with a possible upgrade into a one or two bedroom?
3. Could a Ko Olina 1 bedroom exchange easily into another MVC resort with possible upgrade into a two bedroom?
4. Does the resale purchase of the MVC Ko Olina count towards my MVC member level (like Select or Executive)?
5. How do you know how points would the Ko Olina resale purchase be worth if any in the membership levels?
5. I could lose my MVC Executive level when I sell my 2500 points. Is the executive level worth keeping over the Select level? The biggest benefit of the Executive level seems to be the Titanium level in Bonvoy versus the Platinum in Bonvoy for Select MVC members.

Thank you all for all your help and responses. I really appreciate them!!

As I noted above, you'll lose executive level which does have some value since the resale purchase would not count toward status. I'd keep the points and use them to extend your stay at Ko Olina given your other goals. You get no points for the resale Ko Olina since it will not be enrolled.