• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 29 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Come check it out for a chance to win a Free TUG membership (or renewal) just for helping out!

    Read more here
  • TUG has now saved timeshare owners more than $19,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $19 Million dollars
  • Our 2022 Timeshare Survey is now complete and the full results as well as our expert and witty analysis of each question is available here: Here We hope you enjoy reading the results as much as we did!
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! 50,000+ subscribers! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

"Trade-in" a Marriott week?

tahoeJoe

TUG Member
Joined
Mar 11, 2008
Messages
961
Reaction score
38
Points
238
Location
Northern California
Does Marriott have a policy or system where an owner can "upgrade" (i.e trade) their current Marriott ownership week for ownership of more expensive week at the same property or a different week at a new property? If yes, how is the trade-in, or down payment, price determined?

-TJ
 

wuv pooh

TUG Member
Joined
Jun 6, 2005
Messages
426
Reaction score
14
Points
378
Location
NOVA
Yes they do. You need to call the equity trade department at 866-363-8215 and they can explain your options. There does not seem to be any real rhyme or reason, really dependent on what kind of inventory they want. They offered almost nothing for my gold week and something reasonable for my platinum week, but the new investment required was too high. You may get lucky if they are looking for something specific.
 

KathyPet

TUG Member
Joined
Jun 8, 2005
Messages
1,684
Reaction score
6
Points
38
Location
No Va
We coinsidered doing a equity trade on our MMC for MOW. They were willing to give us our full purchase price for MMC as a trade in. however Marriott is currently selling these units for quite a bit more than we paid so they were definitely going to make $ on the deal. In addition they required that we then purchase a OW unit for a certain $ threshold above what they were going to give us on the trade in. In order to spend the required dollar figure over and above the trade we would have had to purchase a platinum oceanfront unit at Ocean Watch and we wanted gold time so we never went through with the deal.
Also if you trade they were not willing to give us any of the point incentives for the new purchase.
 

tahoeJoe

TUG Member
Joined
Mar 11, 2008
Messages
961
Reaction score
38
Points
238
Location
Northern California
Does it matter where you buy?

Yes they do. You need to call the equity trade department at 866-363-8215 and they can explain your options. There does not seem to be any real rhyme or reason, really dependent on what kind of inventory they want. They offered almost nothing for my gold week and something reasonable for my platinum week, but the new investment required was too high. You may get lucky if they are looking for something specific.
Thank you. Does the trade-in value depend upon which property one is considering buying or the cost of the new property? Or is the trade-in value the same?

-TJ
 
Top