why Wyndham points so cheap on ebay?

[Hyatt7788]

I own a Hyatt timeshare and want to buy more timeshare.

I checked ebay and found many Wyndham timeshare for sale at $1. I also checked other timeshare system like Hyatt and Hilton. I couldn't find any good deals like Wyndham.

Is there any reason why Wyndham timeshare is so cheap compared to other timeshare system like Hyatt and Hilton?

I'm really tempted to buy Wyndham timeshare. But the deal seems to good to be true. Is there any catch that Wyndham timeshare is so cheap?

Thanks a lot.

 

[ronparise]

I own a Hyatt timeshare and want to buy more timeshare.

I checked ebay and found many Wyndham timeshare for sale at $1. I also checked other timeshare system like Hyatt and Hilton. I couldn't find any good deals like Wyndham.

Is there any reason why Wyndham timeshare is so cheap compared to other timeshare system like Hyatt and Hilton?

I'm really tempted to buy Wyndham timeshare. But the deal seems to good to be true. Is there any catch that Wyndham timeshare is so cheap?

Thanks a lot.

no catch, but the cheap ones will have higher mf and some say the quality of the resorts is not up to Hyatt and Hilton standards....perhaps, but I dont think that difference justifies the difference in price, especially when you look at the broad selection of resorts...

Watch ebay for a while, you will see what I mean...look at the sales where the mf is less than $5/1000 points and compare them to the sales where the mf is over $6/1000 points. My advice is pay more for the lower mf...your purchase is a one time thing, your mf is forever

Wynydham points are low priced and I think a great bargain...at least I hope so..I just contracted for enough points to double what I already own

 

[DeniseM]

I own Wyndham, and we love our Wyndham timeshares, but they are not in the same class as Hilton and Hyatt. Hilton and Hyatt are in the Hotel Based TS class, and over all, they are a notch or 2 above Wyndham. I would say that Wyndham timeshares are 2-4 Star, and Hyatt and Hilton are 4-5 Star, in the timeshare world. If you expect Hilton and Hyatt quality and amenities, Wyndham may not suit you.

 

[rrlongwell]

... Is there any reason why Wyndham timeshare is so cheap compared to other timeshare system like Hyatt and Hilton? ...

Check out the following link for some insite into your question.

http://tugbbs.com/forums/showthread.php?t=164677

 

[littlestar]

We love our resale Wyndham points. Ours at Wyndham Smoky Mountains have low fees. Very pleased with all the resorts we have stayed at. Especially Bonnet Creek and Wyndham Waikiki Beachwalk.

 

[momeason]

I think there is more variance in the quality in Wyndham, but their newer resorts are mostly 4 star. Hilton also has varied quality since there are quite a few affiliate resorts. Hyatt is so small and Hilton is smaller than Wyndham.
I use Wyndham to trade in II. We frequently go to Marriotts. lots of bang for our bucks.
I agree, go for low maintenance fees unless you want to visit your home resort often.

 

[GregT]

I am a big fan of the Wyndham system -- it is very user friendly and they have good, well-located properties. One of the reasons I believe they are inexpensive is that Wyndham keeps making changes to the detriment of the ownership -- either rule changes or additional fees. I just gave away a nice, low-MF property in Wyndham because I was disgusted with a new fee -- the third new fee in as many years (or at least so it seemed).

So my issue was never with the quality of the resorts, it was a fear about what was next for a single property owner like me. If you're going to buy a Wyndham package, make sure that you buy a large enough points package to justify the program fee, which seems to be increasing at a faster rate than my other systems. I needed to either buy more Wyndham to rationalize the fee, or unload it.

All the best,

Greg

 

[Don40]

One reason for Wyndham points been so "cheap" is that Wyndham has so many members and with such large numbers there is always turnover. People get too old to travel, sick, die, family's go through hard times etc and sell their points. Additionally, Hilton and Hyatt target market were higher income individuals who usually get hurt less in the hard times. Wyndham is the "GMC" not the "Caddilac" both will get you where you want to go one but one with more bells and whistles.

As far as quality, the newer wyndham resorts and the presidential units are on par if not better than any of the Hyatts, Hilton, Mariotts you name it. That is why I love my Wyndham points. I can stay in all the Wyndham resorts and where there are not available we use the other companies.

Don

 

[massvacationer]

I agree that re-sale Wyndham points are inexpensive because there is a big supply overhang on the market. As others have said, Wyndham has a huge number of owners and the Wyndham sales-machine seems to have "oversold" the product (i.e. pushed it on folks who really should not have bought).

That said, the number of points contracts for sale on eBay seems to have shrunk - and prices seem to be stabalizing or even seem to be increasing just a little.

The huge network of nice resorts and the flexibility of the points system continue to make it something that I am happy to own.

 

[simpsontruckdriver]

Actually, I would say Hilton and Hyatt would be the Cadillac, while Wyndham would be the Buick. Buick has always been "affordable luxury" in terms of carmakers, while GMC is the workhorse of GM, and Chevrolet is the "middle-class" carmaker.

TS

 

[rrlongwell]

Actually, I would say Hilton and Hyatt would be the Cadillac, while Wyndham would be the Buick. Buick has always been "affordable luxury" in terms of carmakers, while GMC is the workhorse of GM, and Chevrolet is the "middle-class" carmaker.

TS

If they are not careful, they may become the Edsel.

 

[bnoble]

Scale. There are a LOT of Wyndham owners. If you assume some fixed percentage of owners are always looking to sell, you have a much (much) larger supply of Wyndham on the resale market. Larger supply==lower prices. It's pretty much that simple.

There's also the "name brand" effect, and there are some differences in unit/resort quality on average, but my sense is that those differences are less important in setting market value. Having stayed in several Wyndhams, several DVCs, and a couple HGVCs, the differences between the three when considering resorts of the same "vintage" are not huge (and they are not always in the "name brand's" favor).

 

[ronparise]

what seems to set price is the mf

a lower $$/points ratio will command a higher price than the higher ratios..

and there are the resorts that folks like for some personal reason , Bonnet Creek for example

 

[GeraldineT]

what seems to set price is the mf

a lower $$/points ratio will command a higher price than the higher ratios..

and there are the resorts that folks like for some personal reason , Bonnet Creek for example

Thats because Bonnet Creek is AWESOME!!!!!!!!

 

[persia]

Ah, but which timeshare would be the Lamborghini Aventador LP700-4?????

Actually, I would say Hilton and Hyatt would be the Cadillac, while Wyndham would be the Buick. Buick has always been "affordable luxury" in terms of carmakers, while GMC is the workhorse of GM, and Chevrolet is the "middle-class" carmaker.

TS

 

[scootr5]

Ah, but which timeshare would be the Lamborghini Aventador LP700-4?????

Four Seasons Aviara?

 

[Sandy VDH]

HGVC has ROFR. I am not sure if Hyatt does but I suspect they do. This keeps really cheap points off the open market and allows the developer to resell inventory that they acquired cheaply.

 

[bizaro86]

Four Seasons Aviara?

Four Seasons Punta Mita Fractionals

 

[persia]

It appears that at least some Wyndham points have again gained a positive or zero value, rather than costing the seller $100s to sell, that's a little progress...

 

[rrlongwell]

It appears that at least some Wyndham points have again gained a positive or zero value, rather than costing the seller $100s to sell, that's a little progress...

From what I have seen on E-Bay over the years, the stronger Wyndham resorts are either not appearing or are appearing in fewer numbers and they are getting very low bids. Unless I miscounted, I count 92 Wyndham Properties out of the zillions of timeshare and Resorts they manage. I discounted the E-Bay total by rentals and Worldmark. Including those entries it is 113. It appears the days of free timeshares at the better Wyndham Resorts are coming to an end. All Abord?

 

[Don40]

As the economy pick-up and confidence builds prices will firm some. One thought is that the majority of timeshare owners bought on impulse after going through a presentation for a free gift and end up spending $20K for something they have no idea what they have. Many don't use their weeks or points and just want out of the MF. This equals an almost unlimited supply of cheap points, due to lack of understanding the product.

 

[ronparise]

somebody explain this one

ebay

converted points contract 105000 points mf $6.63/1000 points 19 bids, 5 bidders, sold for $180, (no closing cost) plus wyndhams $299 transfer fee

This is one that would have expected to go unsold

 

[rrlongwell]

somebody explain this one

ebay

converted points contract 105000 points mf $6.63/1000 points 19 bids, 5 bidders, sold for $180, (no closing cost) plus wyndhams $299 transfer fee

This is one that would have expected to go unsold

If I remember correctly, this one is one of the resorts that sometime goes without a bid. The maintance fees seem a tad on the high side, but this resort appears to be one of the resorts that is getting stronger. Personnally, I prefer Smokey Mountain. Five bidders, not bad. It maybe a golf area resort.

 

[andex]

If you're going to buy a Wyndham package, make sure that you buy a large enough points package to justify the program fee, which seems to be increasing at a faster rate than my other systems.

Greg

what do you mean by program fees. i thought the buck stoped at the mf fees? what other fees are involved?
thanks in advance,

 

[rrlongwell]

what do you mean by program fees. i thought the buck stoped at the mf fees? what other fees are involved?
thanks in advance,

For timeshares in the Wyndham Vacation Resort Points program, a Program Fee is assesed as a percent of points per thousand. In addition, depending on the number of trips used and VIP Status, their could be fees for Housekeeping, transaction fees, and guest passes (this varies depending on the number of points owned and number of trips). In a case like Kingsgate, their also may be an amenity fee. In cases like Atlantic City and National Harbor, there are parking fees if thier garages are used. There are also other fees for service for various purposes. If you are considering purchasing in Wyndham or other points based systems, you may want to compare the various fees between Wyndham and the other providers.