value of a point
Jun 17, 2010 | 10:20 pm
#31
Join Date: Jul 2005
Posts: 3,077
I generally don't use AGR points unless I can get at least 3 points per cent at low-bucket fares, so I guess that I value them at price. I have paid more than $600 for a roomette from St. Paul to Washington for two people, so I'd certainly pay 20k points for a roomette from Minot to Washington.
Exactly. ^
I sell one-of-a-kind pet rocks that are normally $95 each. However, jackal, you can have one for just 95 AGR points.
At a redemption value of 100 cents/point, how many dozen pet rocks would you like to buy?
Keep in mind I'm offering a redemption value not twice, not quadruple, but 10x better than an Amtrak sleeper award! ^
I sell one-of-a-kind pet rocks that are normally $95 each. However, jackal, you can have one for just 95 AGR points.
At a redemption value of 100 cents/point, how many dozen pet rocks would you like to buy?
Keep in mind I'm offering a redemption value not twice, not quadruple, but 10x better than an Amtrak sleeper award! ^
There are two ways you can value anything monetarily.
1. how much you would pay to replace it.
2. how much someone else will buy it from you for
With tangible goods, like a house or a pet rock, you can actually sell them.
When it comes to points or miles, option two does not exist so you can only value points at option one.
Jun 18, 2010 | 12:22 am
#32
FlyerTalk Evangelist
Join Date: Mar 2004
Location: SGF
Programs: AS, AA, UA, AGR S+, Choice Platinum
Posts: 23,319
Exactly. ^
I sell one-of-a-kind pet rocks that are normally $95 each. However, jackal, you can have one for just 95 AGR points.
At a redemption value of 100 cents/point, how many dozen pet rocks would you like to buy?
Keep in mind I'm offering a redemption value not twice, not quadruple, but 10x better than an Amtrak sleeper award! ^
I sell one-of-a-kind pet rocks that are normally $95 each. However, jackal, you can have one for just 95 AGR points.
At a redemption value of 100 cents/point, how many dozen pet rocks would you like to buy?
Keep in mind I'm offering a redemption value not twice, not quadruple, but 10x better than an Amtrak sleeper award! ^
Jun 18, 2010 | 1:32 pm
#33
Join Date: May 2007
Location: Sherman Oaks, CA
Programs: Ozark Go-Getters Gold, Statler Star Silver, others from a variety of alternate timelines
Posts: 876
A recent article in the WSJ discussing the new high speed trains was showing that the odds are against amtrak in being chosen as managing these new trains. That's a bit unusual considering Amtrak is similar to a quasi governement company (like Fannie Mae and Freddie Mac).
Not just "similar to" -- Amtrak is a quasi-government corporation, same as, for example, the U.S. Postal Service.
Jun 18, 2010 | 1:57 pm
#34
Join Date: Jul 2005
Posts: 3,077
Don't confuse the editorial page with their news section.
Jun 18, 2010 | 6:43 pm
#35
Join Date: Oct 2004
Programs: Amtrak Guest Rewards
Posts: 229
I will give you 30,000 points for the AMG Merc.
Jun 27, 2010 | 9:43 am
#36
Join Date: Mar 2009
Posts: 165
When deciding whether to use points on Amtrak, I value them at 2 cents each using the thinking that I would use 25,000 points for a $500 airline ticket which comes out to 2 cents a mile. I don't like to use points on a ticket worth much less than that. Therefore as long as I'm getting 2 cents or more of value on the amtrak ticket, I'm good with that. Obviously, if I had unlimited points like some people have, my thinking would be different.