Points to Dollars

[NjRon]

Sorry if this has been discussed before. What is the accepted
formula for equating points to dollars. I am a new DVC member
and during our initial walk through the rep showed us the
points to dollar comparison on the computer. I have now
booked my first DVC trip and was wondering how much $$
the 65 points at the BCV "costs".

Thanks

 

[gtrist4life]

NjRon,

I used this formula.

Purchase price (say 150 pts x 84 = $12,600 ) divided by 38 then take that answer $331.58 and divide it by 150 = $2.21

add yearly maintentence dues per point (say $3.97)
and your $ per point = $6.18

With this formula 65 pts = $401.70

Of course if you finance, you have to add the cost of the loan to the $12,600. Also the yearly maintenence dues will change year to year.

Anyway that's how I did it. If anyone else sees any errors, or another way. Let me know.

Peace
G4L

 

[NjRon]

and the 38 is the number of years remaining in the DVC ?

 

[gtrist4life]

Yes, 38 is the number of years you receive points.

Sorry it took so long to reply, was out of town for a day.

Peace
G4L

 

[NjRon]

Thank you !

 

[DVCDAVE]

that sounds very accurate..........it is the way I'd approach the problem too.