Retro after upgrade

[meyers7j]

I was curious if anyone had ever heard of this. After I rescinded an upgrade purchase the sales person offered a suggestion.

I was upgrading a gold plus resale at WDW to a platinum plus from the developer. I was given a generous credit for the resale( approx $19,000). The sales person suggested that I purchase another resale and then come back and upgrade the gold plus and they could retro the second resale purchase. Depending on what the second resale was it could be 81,000 or 148,100 star options for the upgrade price of approx $20,000. I did not do this but I thought I would share this idea.

Joe

 

[dioxide45]

Vistana has long offered the ability to re-qualify or retro previous resale mandatory or voluntary weeks. Here is a thread on it.

 

[Helios]

I was curious if anyone had ever heard of this. After I rescinded an upgrade purchase the sales person offered a suggestion.

I was upgrading a gold plus resale at WDW to a platinum plus from the developer. I was given a generous credit for the resale( approx $19,000). The sales person suggested that I purchase another resale and then come back and upgrade the gold plus and they could retro the second resale purchase. Depending on what the second resale was it could be 81,000 or 148,100 star options for the upgrade price of approx $20,000. I did not do this but I thought I would share this idea.

Joe

I've done something similar two times. Th process is well covered in the stickies.

 

[okwiater]

I would not be 5* Elite without the ability to retro. I retro'd a 148,100 Sheraton Mountain Vista and a 257,700 Westin St. John Bay Vista, getting me within 250K StarOptions striking distance of 5*.

 

[DavidnRobin]

$20,000+ in new money per requaled VOI, and ongoing annual maintenance fees with little to no resale value...

 

[Helios]

$20,000+ in new money per requaled VOI, and ongoing annual maintenance fees with little to no resale value...

$20K used to be the most common amount if you did not trade in. But, it could be done for less if you used a (free) resale as trade in/equity. I paid less than $20K per retro and new VOI at the time and cleaned my VOI portfolio of unwanted units. Win win for me, YMMV...

My understanding is that this has become more complicated and highly dependent on what you want to retro/requal and the new VOI you are purchasing...I don't work for Starwood and I am not endorsing or recommending this. I am simply stating my experience. Of course, this is highly dependent on your financial situation, goals, and vacation habits.

 

[DavidnRobin]

I should add a footer to my posts (like yours) - as everything is dependent on something else, and personal bias also plays a role - and all advice should be taken as opinion based on personal experience or consensus based on what is reported here more often than not.

GENERALLY - they are looking for $20K in new money to make 'deals'
win-win - funny...
buying a VOI from VSE (upgrade or not...) that has 0$ on resale market, and taking on additional ever-increasing MFs just to get SOs that can be bought on the resale market.
oh... IMO YMMV