We recently purchased a medium-sized holding at Wyndham Smoky Mountains in Sevierville, TN. The equivalent usage value of that holding is a little greater than our DVC ownership, but we purchased it on eBay for less than $2,000 total, including closing.
The Wyndham ownership:
- Is at a resort we will enjoy visiting, and where we enjoy a 3-month booking advantage (at 13 months).
- The annual maintenance fees are about the same as our DVC dues.
- We have direct access to about 120 Wyndham properties internally (at 10 months), as opposed to 10 DVC properties.
- And we have direct access to full RCI membership and exchanges to more than 6,500 RCI resorts worldwide.
- Both the Wyndham and RCI reservations systems are directly available online with no middleman.
Club Wyndham is strongest in the eastern US, whereas Worldmark (also a Wyndham product...which we do
not have direct access to) is strongest in the west. However, Club Wyndham is expanding in the west and has some nice options.
We bought Wyndham for Wyndham, and consider the RCI options gravy although we probably will use them. If we want to use an RCI option and our preferred resort is also one of the 600 or so available through DVC/RCI, we will consider the relative values and select whichever option is best for us.
I expect Wyndham's trading power through RCI to be rather weak, but we won't exchange much, and only if we can get acceptable trades. There may also be some weird (to me) options to exchange Wyndham for Wyndham through RCI for significant savings.
From an owners account management perspective, there are some pros and cons with Wyndham vs. DVC but overall I consider those either a wash or more beneficial to me.
One big plus for us is the availability of short-term reservations at significantly-reduced points costs through Wyndham. Wyndham has a LOT of resorts within driving distance for us (including several in the WDW area), and on some of those we may be able to get 40% points reductions for last-minute trips.
Another good benefit with Wyndham is "credit-pooling," which allows us to bank points for two years with very minimal restrictions (probably no restrictions that would matter to us). We can also deposit points in RCI in varying quantities and possibly receive good value for those exchanges.