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Purchase Additional Vacation Club Points Number of weeks You Can Enroll
Buy Vacation Club Points Eligible weeks that can be enrolled
3,000 1
4,000 2
5,500 3-7
No details about the cost of the points. I don't need any more points... But I did do this twice before for a couple of external weeks. I have since purchased and additional external week.
Just remember your existing weeks get you enrolled points... not trust points... not the same trading value in some cases.
This has been debated previously, but I have yet to encounter any differences in practice and as I recall only the very, very exceptional instances have been found by others here.
We attended a sales presentation today at Grande Ocean. They quoted us a price of approx $44K for 4000 points to enroll our two external weeks. The offer also included some heavy incentives (300K MRPs IIRC). That would bring us to Chairman level and Lifetime Platinum Elite status. I don't have a spare $44K sitting around, so it was an easy "no".
You can also get your post 2010 week enrolled by purchasing Spanish weeks at MVCI. I believe 20k weeks purchase gets you 1 enrolled week post 2010. That seems cheaper than points at least, and, you can still use the week for points.
Still pricey. I'm waiting for the day they offer post 2010 enrollment at a cost, without a DC Pts or Legacy week purchase. Perhaps $5k per week for enrollment?
We just received a similar offer via phone/email from the sales reps we met with in HHI back in April to enroll our EOY Maui week - 3000 points at $11.86/point with 3000 one-time use bonus points ($35,580), or $11.16/point without the bonus points ($33,480). We definitely need more points, want to get to at least Executive level, and want to enroll our Maui week, so we've been waiting for this opportunity, but I'm hesitant to spend that much with just a single EOY week to enroll. The current offer, like the similar promos the last two years, allows up to TWO every other year weeks to be enrolled with the same 3000 point purchase. Since we've entertained the idea of getting a second EOY Hawaii week at some point, we are considering passing on this year's enrollment offer and waiting to see if we get that second EOY week in the next year or so, and then hope they offer the external week promo again next summer. Just trying to make sure we really need that second EOY Hawaii week before passing on this promo.
Just FYI... the sales rep said this external week enrollment promo is active until September 5, and the external week has to have been closed on prior to May 17.
We just received a similar offer via phone/email from the sales reps we met with in HHI back in April to enroll our EOY Maui week - 3000 points at $11.86/point with 3000 one-time use bonus points ($35,580), or $11.16/point without the bonus points ($33,480). We definitely need more points, want to get to at least Executive level, and want to enroll our Maui week, so we've been waiting for this opportunity, but I'm hesitant to spend that much with just a single EOY week to enroll. The current offer, like the similar promos the last two years, allows up to TWO every other year weeks to be enrolled with the same 3000 point purchase. Since we've entertained the idea of getting a second EOY Hawaii week at some point, we are considering passing on this year's enrollment offer and waiting to see if we get that second EOY week in the next year our so, and then hope they offer the external week promo again next summer. Just trying to make sure we really need that second EOY Hawaii week before passing on this promo.
Just FYI... the sales rep said this external week enrollment promo is active until September 5, and the external week has to have been closed on prior to May 17.
I got that offer too but the only week I have to enroll is an EOY Ko Olina week. Seems silly to pay $35,000 to enroll an EOY week. They should allow people with EOY weeks to enroll it for 1500 points bc it is really only 1/2 a week. I told them that and they seemed irritated with me.
I got that offer too but the only week I have to enroll is an EOY Ko Olina week. Seems silly to pay $35,000 to enroll an EOY week. They should allow people with EOY weeks to enroll it for 1500 points bc it is really only 1/2 a week. I told them that and they seemed irritated with me.
So Tuggers--would appreciate your reaction to offer I got to enroll my Maui oceanfront 2BR week (original property) purchased from a third party:
Buy 2BR St. Kitts Platinum 30,900 (Redweek shows same for sale at 10-12K)
This is a developer week so comes enrolled with 3650 points and no need to purchase points
My Maui week is then enrolled and eligible for point usage/worth 6000+ points
Bonus of 2BR2BA week at any MVCI resort to be used within a year (not limited to any specified seasons) or can be extended for $120 an additional year
250,000 MRP or 3125 VCP
I also have an Encore Week in play that can be applied
So Tuggers--would appreciate your reaction to offer I got to enroll my Maui oceanfront 2BR week (original property) purchased from a third party:
Buy 2BR St. Kitts Platinum 30,900 (Redweek shows same for sale at 10-12K)
This is a developer week so comes enrolled with 3650 points and no need to purchase points
My Maui week is then enrolled and eligible for point usage/worth 6000+ points
Bonus of 2BR2BA week at any MVCI resort to be used within a year (not limited to any specified seasons) or can be extended for $120 an additional year
250,000 MRP or 3125 VCP
I also have an Encore Week in play that can be applied
That's over $8 per point, more than many hybrid deals for points, though, you are getting your week enrolled. Executive to Presidential/Chairman is good for many things, but depends on if you will use it. Discounts (30%) within 60 days, banking of points for 2 years instead of 1, points election for a month longer, MR platinum. We personally love the 60 day discounts.
Doesn't seem that great to me. I believe someone said in the US at least one can enroll one external week with a purchase of 20k. Savings of 10k. Not much difference between Chairmans and Presidential, that level is not worth it.
So Tuggers--would appreciate your reaction to offer I got to enroll my Maui oceanfront 2BR week (original property) purchased from a third party:
Buy 2BR St. Kitts Platinum 30,900 (Redweek shows same for sale at 10-12K)
This is a developer week so comes enrolled with 3650 points and no need to purchase points
My Maui week is then enrolled and eligible for point usage/worth 6000+ points
Bonus of 2BR2BA week at any MVCI resort to be used within a year (not limited to any specified seasons) or can be extended for $120 an additional year
250,000 MRP or 3125 VCP
I also have an Encore Week in play that can be applied
That's a somewhat better deal than the regular promotional deal where you buy 3000 Trust points to enroll an external week. As I noted above, that price is $33,480 or $35,580 depending upon whether you take the Bonus points or not. So your offer is cheaper and you get 3650 points instead of 3000. The other data point to consider would be how does the maintenance fee of the St Kitts week compare to the $0.553 maintenance fee for Trust points? For 3650 points, if the St Kitts maintenance fee is less than about $2018, then this deal is also better than Trust points from a maintenance fee perspective.
Your 2BR MOC week is worth 6450 points, so add the 3650 from the St Kitts week, and that's 10,100 points for an incremental cost of $30,900, or $3.06/point. You really should add in the original cost of your OF Maui week, too. I'll assume $20K, so using that as the number, your all-in cost would be $50,900, or $5.04/point. Closing costs might add a bit to that, but you would still be around $5/point.
The only reason I can think of to prefer the Trust point option over the deal you were offered is if at some point in the future Trust points become more powerful than legacy enrolled points, but that is pure speculation.
If you need and can use more points, this is the cheapest option I've seen. Even pure resale Trust points would cost more than this on a per point basis.
If you need and can use more points, this is the cheapest option I've seen. Even pure resale Trust points would cost more than this on a per point basis.
Are there not offers to spend 20k and enroll an external week (I've seen them quoted on tug)? I don't see why this would be great at all? If the goal is to enroll the week that is. If the goal is to get more points, that's different I suppose. But it also depends on what benefits of enrollment the owner would see. If it's just a title, enrolled, then, it doesn't matter so much and is not worth it. i.e., for example, if they almost always occupy.
That's over $8 per point, more than many hybrid deals for points, though, you are getting your week enrolled. Executive to Presidential/Chairman is good for many things, but depends on if you will use it. Discounts (30%) within 60 days, banking of points for 2 years instead of 1, points election for a month longer, MR platinum. We personally love the 60 day discounts.
Doesn't seem that great to me. I believe someone said in the US at least one can enroll one external week with a purchase of 20k. Savings of 10k. Not much difference between Chairmans and Presidential, that level is not worth it.
You can't just look at the per point cost of the week, since the OP would be enrolling his Maui week. When we quote $7/point for hybrid deals, that is a blended cost that includes the value of the Trust points and the enrolled points from the companion week. The real per point cost for the OP's deal is about $3/point without the cost of the Maui week and probably about $5/point when his original cost of that week is factored in (assuming he paid about $20K). He would be getting 10,100 points for $51K, plus the sunk cost of that external Maui week.
I've never heard of an offer to enroll external weeks for $20K. For the last 3-4 years the only way to enroll external weeks has been buy 3000 Trust points, which has always been north of $30K. The very first time they offered the external enrollment deal, the buy-in was only 2500 points, but in the 3 or 4 times they've offered it since, it has required a 3000 point buy. I do believe some of the European offers to buy a Spain week may have been closer to 20K to $25K, but not in the US.
But you (and I) are only assuming. If he just occupies his Maui week (as many tuggers seem to do), then, that enrollment means virtually nothing and it's a bad deal. So, we are all guessing as to his usage, right? If he just uses it, then, you should not add the Maui points value. You may be right on the 20k, it may have been Spain offer.
I have not seen a 20K purchase generate an enrollment option recently. Maui OF week is every year and was purchased at 20k on resale market/currently start at 23k on Redweek. We do use the Maui week regularly and also have an enrolled Maui week. I do believe the incentives (reward points, visa charge points, bonus 2BR week, and encore credit) have about a $7K value in transaction. Thanks for the great thoughts and if you have more I welcome them.!
But you (and I) are only assuming. If he just occupies his Maui week (as many tuggers seem to do), then, that enrollment means virtually nothing and it's a bad deal. So, we are all guessing as to his usage, right? If he just uses it, then, you should not add the Maui points value.
Not necessarily - even if he occupies the Maui week most years - the point value of that week still counts toward his Chairman's status. So if Chairman's status is important to the OP, enrolling a week is the cheapest way to get there, even if you never exchange for points. Also, having the week enrolled gives you options to reconfigure your accommodations for every trip -- 1) if you want a 2BR OF, then use your week; 2) if you only need a 1BR one year, elect for points, book the 1BR, and have enough points left over for a longer stay or other uses.
The only reason we decided not to take advantage of the current external enrollment offer when it was offered to us last week was we only own an EOY week, and we would have still been required to buy 3000 points. Had we already owned two EOY weeks, we would have almost certainly taken advantage of the offer for the reasons noted above - a cheaper way to get to Executive or higher, plus the flexibility to reconfigure our accommodations as our needs change from trip to trip.
I have not seen a 20K purchase generate an enrollment option recently. Maui OF week is every year and was purchased at 20k on resale market/currently start at 23k on Redweek. We do use the Maui week regularly and also have an enrolled Maui week. I do believe the incentives (reward points, visa charge points, bonus 2BR week, and encore credit) have about a $7K value in transaction. Thanks for the great thoughts and if you have more I welcome them.!
Oops! I incorrectly used the $12K EOY price for a 2BR OF in my example above. I'm going to go back and edit to fix it and use $20K. I'm so focused on EOY weeks, I just put that in by habit.
Not necessarily - even if he occupies the Maui week most years - the point value of that week still counts toward his Chairman's status. So if Chairman's status is important to the OP, enrolling a week is the cheapest way to get there, even if you never exchange for points. Also, having the week enrolled gives you options to reconfigure your accommodations for every trip -- 1) if you want a 2BR OF, then use your week; 2) if you only need a 1BR one year, elect for points, book the 1BR, and have enough points left over for a longer stay or other uses.
That's not a very strong case! To spend that much and (almost) never use it is a very bad deal (a status symbol). And he asked what Chairmans was good for basically, telling me he is not doing this to reach it. It's something to say I own, but that's not worth that kind of money.
Anyway, just giving an alternate view. For me, if I would almost never use the enrolled benefit and mostly occupy, I would not even consider this deal. I would simply buy a resale week. Not sure how he will see 20k in benefit from enrollment. But that's up to him to decide. MF is around 2k/year.
If it is something that would be used most years (points), it's not a bad deal. But Chairmans has virtually no advantage over Presidential. Though, it is my hope this will change in the future. They need some enticing benefit for Chairmans. Even their sales weasels admit there is no benefit to Chairmans.
I have not seen a 20K purchase generate an enrollment option recently. Maui OF week is every year and was purchased at 20k on resale market/currently start at 23k on Redweek. We do use the Maui week regularly and also have an enrolled Maui week. I do believe the incentives (reward points, visa charge points, bonus 2BR week, and encore credit) have about a $7K value in transaction. Thanks for the great thoughts and if you have more I welcome them.!
That's not a very strong case! To spend that much and (almost) never use it is a very bad deal (a status symbol). And he asked what Chairmans was good for basically, telling me he is not doing this to reach it. It's something to say I own, but that's not worth that kind of money.
Anyway, just giving an alternate view. For me, if I would almost never use the enrolled benefit and mostly occupy, I would not even consider this deal. I would simply buy a resale week. Not sure how he will see 20k in benefit from enrollment. But that's up to him to decide. MF is around 2k/year.
If it is something that would be used most years (points), it's not a bad deal. But Chairmans has virtually no advantage over Presidential.
I agree that the OP has to assess what moving from Executive to Chairman really means for them. If they don't need additional points, would never choose/need to elect the enrolled week for points, rarely want to book a Maui 1BR instead of their 2BR, and don't put much value on the benefits of Chairman vs their current Executive level, then there is no reason to spend the money.
My point was simply evaluating the offer the OP received versus the other alternatives - 1) the standard U.S. promo that involves buying 3000 Trust points, 2) buying resale points; or 3) buying a points/week hybrid bundle. Compared to all of those, the deal he was offered seems superior in almost all respects - but if he has no need for more points or a higher status level, then there is certainly no need to spend $31K.
Offer came by phone. One of the wrinkles I face is that my grandchildren and their parents absolutely love Maui. The problem is that my owner weeks are not eligible for week 52, which is the best time for them to come because of school schedule. So far, if I book on first eligible day, I am able to secure point reservations for week 52. I have been renting points in order to do so. My wife and I are in our sixties so planning ahead is not only for us but also family long term. I am going to discuss all this with family this weekend. My kids may be much more interested in points rather than Maui--more so than we are.
Thanks for the feedback above. I have also been presented with an alternative option of purchasing Aruba week rather than St. Kitts. Effective per point cost for Aruba deal is 60 to 70 cents per point more than St. Kitts (e.g., St. Kitts $30,900 oceanside unit purchase generates 3650 enrolled points while $31,800 Aruba gv purchase generates 3475 enrolled points/Aruba oceanside view for $36,900 generates 4075 points). However, if in a particular year, we needed cash support for our maintenance fees for units, which is very possible, it looks on Redweek like Aruba rental value of unit is much stronger than St. Kitts. I don't see nearly as much rental activity on St. Kitts and rental prices appear lower. Also, in a particular year, my wife and I could use lockoff at Aruba and rent other portion to help with MF. And keeping in mind an exit strategy if we needed to liquidate at some point, it looks like Aruba would do better on resale market compared to St. Kitts (I know it would be a loss of some amount). I am aware Aruba properties are RTU. So, I would like to hear from Tuggers whether they see that much difference in value between the two properties--enough to justify the additional cost. The seasons for the units described are all platinum season.
Thanks for the feedback above. I have also been presented with an alternative option of purchasing Aruba week rather than St. Kitts. Effective per point cost for Aruba deal is 60 to 70 cents per point more than St. Kitts (e.g., St. Kitts $30,900 oceanside unit purchase generates 3650 enrolled points while $31,800 Aruba gv purchase generates 3475 enrolled points/Aruba oceanside view for $36,900 generates 4075 points). However, if in a particular year, we needed cash support for our maintenance fees for units, which is very possible, it looks on Redweek like Aruba rental value of unit is much stronger than St. Kitts. I don't see nearly as much rental activity on St. Kitts and rental prices appear lower. Also, in a particular year, my wife and I could use lockoff at Aruba and rent other portion to help with MF. And keeping in mind an exit strategy if we needed to liquidate at some point, it looks like Aruba would do better on resale market compared to St. Kitts (I know it would be a loss of some amount). I am aware Aruba properties are RTU. So, I would like to hear from Tuggers whether they see that much difference in value between the two properties--enough to justify the additional cost. The seasons for the units described are all platinum season.
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