What MF for 1mil annual points is a “good deal”?

[n42]

Hi,

What MF would you consider to be a “good deal” for 1 million annual points?

How many weeks would 1 million points buy?



Thanks

 

[Fido Chuckwagon]

MF / thousand is going to depend on the resort. For a full list click here: https://docs.google.com/spreadsheets/u/0/d/1mRNaOwfYAl-E5b5GbVSTUwDrqcPelxYxPsNSYmvbX80/htmlview

You probably don’t want to own anything that is more than Club Wyndham Access which is currently $7.65 per thousand, because at that point you should just get Club Wyndham Access which is basically free on eBay right now.

How many weeks 1 million points will buy is very resort dependent, and depends on the time of year and room type. Google “name of resort” points chart and you can pull up points charts for the resorts you are looking for.

What resorts are you looking to stay at and what kind of room types?

 

[obiomach]

If you’re very lucky and you get Bali hai $340/month
If you get a resort with a good low MF maybe $650 on the high end

If you get a resort on the high end of MFs or CWA $700-1000

Just my two cents

 

[Jan M.]

When you look at the spreadsheet those figures are all without the program fee. That's because the program fee depends on whether you own developer, resale, how many points or presidential reserve. Developer is a $200 minimum or $0.72 per thousand points. Resale is a $190 minimum or $0.70 per thousand points. Presidential Reserve is $0.80 for the first 1M points then for anything over that first 1M it's either $0.72 if you own developer or $0.70 if it's resale.

Anything less than $6 per thousand before the program fee or a little over $6 is good. Contracts at resorts with the lowest maintenance fees don't go cheap unless you really luck out. A good lower average maintenence fee resort is Grand Desert.

My rule of thumb is how many years will it take to recover the higher cost to get the lowest maintenance fees vs getting something fairly cheap with higher maintenance fees. Five years or less is a no brainer. Five to eight years is still acceptable but you probably want to sleep on it before deciding. Ten years or more requires some real thought. Mainly it's your age Do you realistically see yourself owning it and actively using for another ten or more years. For those 55 or under, 10 years is fine. Ages 55 to 65 or 70 needs some careful consideration. 70 and over I'd say no unless you have family who would definitely want this.

More often than not resellers include the program fee in their figures. The VOID, Vacation Ownership Interest Details, or estoppel will also include the program when the give the monthly or annual assessment amount.

Many owners like having a mixed portfolio; deeded and CWA. It's a good idea to own some CWA points, even though the maintenance fees are high, to have access to that inventory before 10 months.

 

[paxsarah]

If you’re very lucky and you get Bali hai $340/month

I think that’s low for Bali Hai, even though it’s one of the best.

 

[n42]

Thanks for the info. This has been very helpful.

If one has both deeded and CWA points, can they use the deeded points prior to the 10 month window to book CWA properties? Or can only CWA points be used during this time?

Also, can fixed-week Bali Hai be converted to points?

Thanks

 

[Fido Chuckwagon]

Thanks for the info. This has been very helpful.

If one has both deeded and CWA points, can they use the deeded points prior to the 10 month window to book CWA properties? Or can only CWA points be used during this time?

Also, can fixed-week Bali Hai be converted to points?

Thanks

You will only be able to book using ARP up to the number of points you have CWA for at 10-13 months unless you are booking at the resort you own deeded points for. Even if you are booking at the resort you own deeded points for, my understanding is you can’t combine a booking in the ARP window using both sets of points (but someone with CWA please chime in to correct me if I’m wrong on that piece of it).

Conversion of fixed weeks to points is incredibly expensive. If you don’t already own the fixed week, you’re better off just finding a points contract.

 

[paxsarah]

Conversion of fixed weeks to points is incredibly expensive. If you don’t already own the fixed week, you’re better off just finding a points contract.

Wyndham has done it for free as recently as a few years ago. The only way to know for sure what they’re doing right now would be to call and ask. https://clubwyndham.wyndhamdestinations.com/us/en/owner-guide/resources/points/fixed-to-flexible

 

[kaljor]

You will only be able to book using ARP up to the number of points you have CWA for at 10-13 months unless you are booking at the resort you own deeded points for. Even if you are booking at the resort you own deeded points for, my understanding is you can’t combine a booking in the ARP window using both sets of points (but someone with CWA please chime in to correct me if I’m wrong on that piece of it).
.

This is correct