Originally Posted by doc
---
Understood! I agree!
FWIW, I was somewhat surprised to find that still, many broker sites such as corpflyer will apparently pay between 1.2 and 1.8 cents per mile.
I have never personally used any of these sites, nor bought or sold miles period, BTW!
Since the old thread concerning the real "value" of a mile is now seemingly lost in the ubb to vb migration morass, I wonder what the current valuation is for folks.
It almost seems as if the once popular FT expression, "just my 0.02" might now more accurately be "just my 0.01!"
-Mark
The target I shoot for in accruing my miles is to have around 60,000 for a RT to Asia from DC since its the ticket I'd be purchasing in any event. For where I want to go in Asia, it'll run me about $800 - $1200 in Y to get there if I buy the ticket outright. I just do the math.. $1000/60k = 1.67 cents per mile. Just my basis for starting. For one, in buying my ticket at that price, I have a lot more flexibility in terms of availability / dates / etc. On the other hand, the intrinsic value of whatever I'm consuming that earns me miles needs to be taken into account as well (like Kellogg's cereal that I'm eating for breakfast).
All said, if I could outright buy miles, I'd spend a maximum of 1.2 or 1.3 cents per mile if it were on a program a prefer.
peace,
~Ben~