...what the sale price SHOULD be...that is, what you should buy it for) with increases in fees of 3%, NO MARRIOTT POINTS DEVALUATIONS, and a required rate of return (cost of capital) of ANYTHING, you will find that the property is ALWAYS under water. That is, it has NO VALUE AT ALL.
Originally Posted by
YoungBubbie
I also achieve my best value by splitting my lockoff yearly.
We have gotten 2 weeks vacation for $1500 maintainence fees + exchange costs. And when we retire will split and do 2 consecutive weeks thus saving on airfare.
Just to clarify my feelings are similar to NDN's - my $$$$$ timeshare purchase direct from Marriott was an expensive mistake. My resale purchase of an additional week for $1 from ebay less so.
Timeshares are a COST not an investment. My note above was intended to answer the specific question of whether MR Points received in exchange for a timeshare week purchased from Marriott were lifetime-qualifying and the answer is yes (
is there even such a thing as non-lifetime- qualifying MR Points?)
I can get reasonable value for my Maintenance fees by trading the system cleverly (just like one gets the best value for MR Points by knowing when to use points versus cash and game the system) but I would advise others against purchasing.
Again, check out
http://www.tugbbs.net for more detail.