what about the savings from no lockoff fees, no trade fees or no conversion to Marriott Points for your Marriott week?
Those savings appear to have been made up for by the skimming.
Hi everyone, new poster here.. I had to register after reading about 20 pages of the megapost on skimming.
I'd say the thing I like least about the points system (and I didn't see this anywhere in the other thread) is this:
It puts inflation back into the system.
One of the biggest selling points (for me, at least) when I decided to buy my week was the chart the salesperson pulled out that showed the cost comparison between staying in my deeded property vs. staying in a hotel over 30 years.
The value proposition was that the timeshare was "inflation proof". Yes, maintenance fees would increase, but by an amount much less than hotel room costs would (this turns out to be false as well, from what I've read).
By instituting this new system, Marriott has injected inflation back into the system with their ability to raise point costs at will.
So I won't be buying in.
Another reason I was looking at the new system was to potentially bank a week and travel with family the following year. Unfortunately it looks like a like-for-like exchange will be impossible with the new system due to the skimming/breakage/theft/whatever you want to call it.
Also, I think the $600 buy in cost is ridiculous. Marriott needs my week much more than I need their points system, if they want me in it they should be giving it to me for free.