Originally Posted by
littlepink
I would say yes and no. I definitely want to get a better sense of how the award pricing of it. But also, I want to understand people's ideas on this and how they value it.
There is also the logic that says you should value it at what you would be willing to pay, not what the ticket would have cost. This comes up typically in the C vs Y debate. If you could get Y for $500 on a paid ticket, but C would be $5000, would you value your miles at $5000 or $500 (assuming you would only pay cash for the Y amount) if you redeem for C?
As noted above, everyone has their own way of valuing miles. I generally start with a trip I want to take, then search for a revenue ticket and a mileage ticket and do whatever comparison I want at that time. Generally I have an idea of what I'm willing to pay for the flights (e.g. $350 to take the trip), and I'm comparing the mileage ticket to that. For international long-haul, I simply look for C redemptions and don't look at what the revenue ticket would cost for C, as I won't ever pay for it. I don't evaluate any of my mileage usage on a straight CPP scale.