Wyndham Developer prices

[Panzerman45]

Hello everybody! I hope to be picking up a Wyndham resale in the near future. Either a Clearwater Beach resort itself if I can find one, or a Wyndham Access.
Looking for about 250,000 to 300,000 points in the package which would cover me for about any scenario. **Here is my question**
What does the developer charge per point on the Access program? Are they sold in pre-set amounts, or are they flexible?
Thank you

 

[TheHolleys87]

I don’t know current prices, but at the last Wyndham session we attended back before the pandemic, the minimum buyin (at least the initial offer) was $52,000, can’t remember how many points. At least that’s what the salesman showed us at the end of our delightful talk about anything except TS — he knew from the beginning that we weren’t buying and just kept us just long enough to get our gifts.

 

[HitchHiker71]

IIRC the current MSRP price for developer points is $265/1000 - it may have gone up recently though especially given price inflation. If you purchase CWA through telesales the price is typically around $150/1000 for any decent sized contract(s) - meaning around 126k points or thereabouts. Some folks may see slightly lower or higher prices dependent upon the deal in scope.

 

[schoolmarm]

Last year the retail "buy it from Wyndham at a sales meeting" price was $269/1000 points. Or close to that. They would then discount it...so you can get a "deal". The price is the same for deeded or Access.
Going through telesales is about $100/1000 points LESS, and will lessen with a bigger package. <--these point are "Developer" points and VIP eligible. This is how I got my Access account when I PICed my Massanuttan timeshare.


Resale points are not VIP eligible and can be just pennies for 1000 points. Sometimes a low maintenance fee resort will be more. In the past, I've gotten 154K at Sedona for $700 and 308K Every other year at Bali Hai for $300 ($1 + the $299 transfer fee).
I have a small Access (105K) account that I pay MORE per month then any of my 154K packages. The MFs are just too high for my taste. I do not need the advanced reservation for access, so I prefer to keep my MFs low!

 

[Panzerman45]

Thank you all for the info. I just obtained a CWA of 300,000 points for just over a thousand dollars. So I am happy and the 13 month window will be helpful for me to get what I want.
This is far better than spending tens of thousands of dollars at the presentation. I understand that with Access the maintenance fee's are about 20% more than if you pick an individual resort, but the overall savings ($40,000 plus) with the resale take care of that issue in spades.

 

[HitchHiker71]

Thank you all for the info. I just obtained a CWA of 300,000 points for just over a thousand dollars. So I am happy and the 13 month window will be helpful for me to get what I want.
This is far better than spending tens of thousands of dollars at the presentation. I understand that with Access the maintenance fee's are about 20% more than if you pick an individual resort, but the overall savings ($40,000 plus) with the resale take care of that issue in spades.

CWA MFs are "middle ground" within Wyndham - mean vs average type thing. There are many resorts with higher MFs than CWA for example - and there are a handful of relatively low MF resorts that savvy owners will typically target to minimize their MF costs over time. It's always much cheaper to buy resale - the tens of thousands you save by doing so would take decades to even out with the higher MFs. If we do some basic math - let's say you bought the same 300k points at NH - that would run $180/1000 = $54k plus fees. Let's figure 55k with fees. You just paid 1k for 300k CWA points. If MFs at NH are $5.50/1000 - and MFs for CWA are $7.50/1000 - that's $2.00/1000 more - which for 300k points means you're spending $600/year more. 55k/$600=~91 years before breakeven. This is why it never makes sense to buy developer points at a lower MF resort if you already hold developer points with CWA for example - the ROI/breakeven is literally beyond the lifespan of most timeshare purchasers.

 

[Panzerman45]

CWA MFs are "middle ground" within Wyndham - mean vs average type thing. There are many resorts with higher MFs than CWA for example - and there are a handful of relatively low MF resorts that savvy owners will typically target to minimize their MF costs over time. It's always much cheaper to buy resale - the tens of thousands you save by doing so would take decades to even out with the higher MFs. If we do some basic math - let's say you bought the same 300k points at NH - that would run $180/1000 = $54k plus fees. Let's figure 55k with fees. You just paid 1k for 300k CWA points. If MFs at NH are $5.50/1000 - and MFs for CWA are $7.50/1000 - that's $2.00/1000 more - which for 300k points means you're spending $600/year more. 55k/$600=~91 years before breakeven. This is why it never makes sense to buy developer points at a lower MF resort if you already hold developer points with CWA for example - the ROI/breakeven is literally beyond the lifespan of most timeshare purchasers.

Excellent example. Helps clarify the math. Thank you.

 

[rickandcindy23]

@HitchHiker71 Wow, great way to analyze that. Very helpful to anyone thinking developer is better.

 

[HitchHiker71]

@HitchHiker71 Wow, great way to analyze that. Very helpful to anyone thinking developer is better.

As @Richelle and I have always maintained - buying VIP developer is strictly a "perceived value" proposition. Sales will argue that the benefits are over the long term - even including willing the timeshare down to your children for free - and having the value proposition continue over the long term generationally - but for me there's just way too many assumptions and question marks that come into play whenever we go down any path about long term value. Assumptions like the kids would even want the timeshare, or that the structure of the timesharing entities and programs won't change over time that would change the value proposition of the timesharing concept. Would I ever consider upgrading to a higher VIP level with Wyndham for example? I cannot make the math work in so far as ROI is concerned. When I initially bought into Wyndham with temp VIPP for two years, then dropping down to VIPG in Sept 2020, my math shows that I will approach breakeven in 10-12 years (with 27k invested initially) - which pays for itself mostly via free room upgrades combined with discounts from reservations within the discount window, etc. Spending another 50k to get up to VIPP or VIPF just pushes that out even further - I haven't run the numbers explicitly - but I'd guess 40-50 years best estimate. I'm 51 years old right now - so that's a really long time with a lot of assumptions inbuilt that are all subject to change especially over a period of several decades. If I had money to burn then perhaps I'd do it - but I don't have money to burn and don't anticipate having 50k to burn any time soon LOL.

 

[troy12n]

@HitchHiker71

Add in the fact that your PIC weeks will disappear when you pass on your ,contracts to your kids, and with it, at least some of your VIP. I bought into this thing with my kids in mind and the way things are going, I have no idea if they will be interested, in which case, a lot of the long term proposition and my investment, goes out the window... but that was the intent, and I hope they maintain it

 

[HitchHiker71]

@HitchHiker71

Add in the fact that your PIC weeks will disappear when you pass on your ,contracts to your kids, and with it, at least some of your VIP. I bought into this thing with my kids in mind and the way things are going, I have no idea if they will be interested, in which case, a lot of the long term proposition and my investment, goes out the window... but that was the intent, and I hope they maintain it

Exactly - when the time comes - we'll put the timeshares, including our PIC properties, into a trust and we'll ensure that the PIC deeds have the trust added, after which they would have to re-enroll the PIC contracts after we pass away - since as you said the PIC contracts are non-transferrable. The other option is to actually do this prior to our death of course. We may actually do this later in life, again assuming PIC contracts are even a valid option at that future point in time, and provided our kids see value in owning the timeshares in 20 years or so. So many variables - too many variables to account for - at least for someone like me.