Alright, alright, alright. Who's ready for some math!!!

**Example 1)**
__Assumptions__
1) In this example, we are considering sleep around points. Point charts don't matter.

2) US Inflation rate = 2%

3) Maintenance Fees Inflation Rate = 3.5%

4) Purchasing 250 Points

SSR Direct Purchase Price = $165

RIV Direct Purchase Price = $170 (after incentives)

SSR 2020 MF: 6.765 PP

RIV 2020 MF: 8.308 PP

__Results__
If we discount all the future cash flows for each resort back into 2020 dollars, these are the results until 2054

SSR: $117,945.37 total cost

RIV: $136,688.49 total cost.

Difference: $18,743.12 in today's dollars

RIV will of course have an additional 15 years on the contract. So in 2054, the person with the SSR contract can pay $18,743.12 for a RIV contract to use over the additional 15 years. That works out to $74.97 PP in today's dollars.

Of course, with the restrictions, the issue becomes that in that final 15 years, the SSR owner is stuck at RIV, while the RIV owner has full flexibility. That is the qualitative aspect of this calculation. The other work around would be to buy CCV for $74.97 in 2054, but get two less years.

**Example 2)**
__Assumptions__
1) In this example, we are considering home resort points. Point charts matter. For simplicity, I chose 2021 "season 3" as the barometer for a 1 week stay in a standard 1 BR

2) US Inflation rate = 2%

3) Maintenance Fees Inflation Rate = 3.5%

4) Purchasing 260 points at RIV

5) Purchasing 199 points at SSR

SSR Direct Purchase Price = $165

RIV Direct Purchase Price = $170 (after incentives)

SSR 2020 MF: 6.765 PP

RIV 2020 MF: 8.308 PP

__Results__
If we discount all the future cash flows for each resort back into 2020 dollars, these are the results until 2054

SSR: $93,884.52 total cost

RIV: $142,156.03 total cost.

Difference: $48,271.51 in today's dollars

Same spiel as before. It works out to $185.66 PP in today's dollars to buy the RIV contract in 2054 to break even.

Now have at it