Bonnet Creek Yah or Nah for DVC members?????

[LoveBWVVBR]

I think Dean has it right. It's not that *no one* should ever do it, but it probably should not be your *first* purchase. There is a lot to learn in order to make the best use possible of the exchange systems, and a lot of people won't take the time to do it. If you decide that timesharing is really for you, and you like spending the time managing a portfolio, then sure, why not? But, even on TUG---a group of pretty informed owners---there are a lot of people who find the process frustrating.


Join TUG (tug2.net/tugbbs.com) and be prepared to do a lot of reading!

To a first-order approximation, you should probably never exchange your DVC points unless you have nothing else you can do with them and/or you are unwilling to rent them out. In general, it is much more efficient to rent your points and use the proceeds to rent the lodging you desire rather than use RCI. There are a handful of exceptions, but they are rare enough that it almost isn't worth thinking about.

The OBBC week might or might not trade well; week 33 is starting to get deeper into the summer, and a lot of southern schools are already back in session by then. I can't get the RCI deposit calculator to work, so I can't say for sure, but someone else at TUG probably owns there and can tell you.

That is the truth! Do you know how many of my friends say that they would do anything to get the trades that we get but then glaze over when I tell them to go on tug2 and research timeshare trading Most people just aren't interested in learning how to do it. I that regard you are correct...do not buy something just to trade unless you have taken the time to read the heck out of tug2 and educate yourself.

And I second what you said about renting DVC points out rather than depositing them into RCI. A LOT of what is on RCI can be rented pretty cheaply on Redweek or Ebay...not worth the $$$ high-dues DVC points in trade That said, from the volume of DVC that shows up on RCI, I'd say a fair number of people don't take this advice (or aren't aware of it)

 

[littlestar]

I have noticed an upswing in prices for low maintenance fee resale Wyndham contracts. Glad I bought mine when I did. I enjoy bonnet creek - nice pools with slides and two lazy rivers. Great location. No Disney theming though.

The beauty of Wyndham points to me is using them within wyndham's system. I like being able to book other Wyndham resorts like Wyndham Waikiki Beachwalk or Wyndham Smoky mountains without paying an exchange fee.

 

[LoveBWVVBR]

I have noticed an upswing in prices for low maintenance fee resale Wyndham contracts. Glad I bought mine when I did. I enjoy bonnet creek - nice pools with slides and two lazy rivers. Great location. No Disney theming though.

The beauty of Wyndham points to me is using them within wyndham's system. I like being able to book other Wyndham resorts like Wyndham Waikiki Beachwalk or Wyndham Smoky mountains without paying an exchange fee.

How much of an upswing? Is it still relatively cheap? I think I paid $700 closed for my 203K annual point contract at some resort in Williamsburg several years ago. I think they subsequently went even lower than that. The dues on it are really decent...sadly less than half of what I pay for my 250K DVC points annually.

 

[gray52]

Since the introduction of TPU, RCI treats North American week 33 as bright pink. It is certainly a step removed from week 30. Prior to TPU, my SoCal deposits were very red through week 34.

We're aware that it is not a true High Red... We saved a nice penny arguing that fact. I am a member on the TUG boards and have read it a few times. Just looking for a link or a site that shows the basic process of trading. Maybe not in-depth details... Just the steps involved.

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[gray52]

I think Dean has it right. It's not that *no one* should ever do it, but it probably should not be your *first* purchase. There is a lot to learn in order to make the best use possible of the exchange systems, and a lot of people won't take the time to do it. If you decide that timesharing is really for you, and you like spending the time managing a portfolio, then sure, why not? But, even on TUG---a group of pretty informed owners---there are a lot of people who find the process frustrating. Join TUG (tug2.net/tugbbs.com) and be prepared to do a lot of reading! To a first-order approximation, you should probably never exchange your DVC points unless you have nothing else you can do with them and/or you are unwilling to rent them out. In general, it is much more efficient to rent your points and use the proceeds to rent the lodging you desire rather than use RCI. There are a handful of exceptions, but they are rare enough that it almost isn't worth thinking about. The OBBC week might or might not trade well; week 33 is starting to get deeper into the summer, and a lot of southern schools are already back in session by then. I can't get the RCI deposit calculator to work, so I can't say for sure, but someone else at TUG probably owns there and can tell you.

I realize that trading our DVC isn't the best use of our points... But renting them assumes some risk on our part and it's something that factors into our decision. My first choice is a transfer... Eliminates any risk. Mostly, we want to know what we could do, not necessarily what we will do. We're probably just going to bank this years points and upgrade to a 2B the next few years.

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[littlestar]

How much of an upswing? Is it still relatively cheap? I think I paid $700 closed for my 203K annual point contract at some resort in Williamsburg several years ago. I think they subsequently went even lower than that. The dues on it are really decent...sadly less than half of what I pay for my 250K DVC points annually.

When I was watching prices in the fall on ebay for Grand Desert, Smoky Mts or Club Access points they were almost triple what I paid. In the thousands for a nice size contract. I decided I would rather just buy some more DVC points instead.

 

[Dean]

Dean... If I remember correctly, you have a number of timeshares? Maybe you can advise or point me in the right location to find out... We're trying to figure out the general value/trading power and what trade possibilities we might expect to have with our timeshares. Just the basic concept of how we could figure out if "we could do this" or "we'd never get that" in a trade.
We currently own 100pts each at OKW and BWV. We also own a fixed week (high red, week 33) at Outer Banks Beach Club II, which is a ocean front, RCI Gold Crown rated resort.
We purchased both with no intention to trade and are perfectly happy with that... But it be kinda nice just to know what other possibilities might be out there for us if we wanted to trade?

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For top options you'll need to combine weeks, an extra $109 and given that your normally use it, I wouldn't join RCI, pay the dues, pay the exchange fee and the fee to combine 2 years on top of the yearly fees. You may want to look at buying something else for more volume or better, using an independent exchange company that doesn't rely as much on trade power and/or specializes in what you want (like HI maybe). The only one I know that doesn't use trade power is Dial an Exchange. It's unlikely you'd get DVC through this if that's what you're thinking. To trade into DVC, you'd need more TPU to be consistent (might get a 1 BR at times) and I just don't see it as worth if for a week every few years.

I think Dean has it right. It's not that *no one* should ever do it, but it probably should not be your *first* purchase.

OTOH, if one buys something they think is a good fit AND it also gives them the potential to trade (Bluegreen, Wyndham, Worldmark, etc) that can be a great approach and likely is for most getting in to the system.

I realize that trading our DVC isn't the best use of our points... But renting them assumes some risk on our part and it's something that factors into our decision. My first choice is a transfer... Eliminates any risk. Mostly, we want to know what we could do, not necessarily what we will do. We're probably just going to bank this years points and upgrade to a 2B the next few years.

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All such options have risk but it can be drastically minimized. I'd suggest the risk of renting, done reasonable, is a LOT less than all cash type exchange options. For RCI or BVTC, it depends on what you're getting. I think the mistake people make, and I do feel it's a mistake, is equating something they like with reasonable value. Trading a BMW for a Chevy is rarely a good choice. But it does depend on other variables too complicated to discuss here. Certainly anyone can do what they want within the rules, reasonable choices are a separate issue.

 

[Brian Noble]

Since the introduction of TPU, RCI treats North American week 33 as bright pink.

This can vary from place to place. For example, RCI still seems to treat 33 in Wisconsin equivalent to the prior several weeks. At least, they do today. Tomorrow, who knows?

 

[Dean]

This can vary from place to place. For example, RCI still seems to treat 33 in Wisconsin equivalent to the prior several weeks. At least, they do today. Tomorrow, who knows?

I still think RCI isn't working as much differently as it seems, it's just that we now have the info where we didn't before. They've always (II also) tended to treat mid August through week 35 as less than before for areas where it mattered with some gradation even within that group. The same can be true for early June vs later. It definitely matters where though and as Brian points out, it's an ever evolving situation based on ratings and demand. Again, this has always been the case, it's just that now we can actually see it directly rather than indirectly in bits and pieces.