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New "Founders Level" program for 1/1/20: what do you think

Discussion in 'Wyndham Vacation Resorts' started by jerrybev, Sep 10, 2019.

  1. Braindead

    Braindead TUG Member

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    On 1,000,000 points in a VIPP account
    Let’s say 25 years ago MFs were $2 per 1k points
    50% discount saved you $1,000 a year

    Let’s say today MFs are $6 per 1k points
    50% discount saves you $3,000 a year

    Throw upgrades in & the difference increases.

    How’s that brain washed?? Or Wyndham math??
    Today that VIPP account is paying for itself AGAIN 3 times faster than when it was purchased
     
  2. 55plus

    55plus TUG Member

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    As I look back over the years, maintenance fee have generally increased at the same rate as inflation - some slightly more, some slightly less. Factoring inflation, maintenance fees have not increased over the years. Our maintenance fees have increased by approximately by 50% since 1995, which is the inflation rate for that timeframe.
     
    dgalati likes this.
  3. 55plus

    55plus TUG Member

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    What has increased way above the rate of inflation is the cost per 1000 points. My parents bought in at $30/1000 points. What's it now? How much per 1000?
     
    dgalati likes this.
  4. bendadin

    bendadin TUG Member

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    $253/k
     
    dgalati likes this.
  5. Braindead

    Braindead TUG Member

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    Today with resells, throw a couple million resell points on there & the pay back is another 3 times faster
     
  6. dgalati

    dgalati TUG Member

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    What is the cost on resale points? Pennies on the dollars? When Wyndham excludes resale points from counting on VIP benefits then what?
     
  7. dgalati

    dgalati TUG Member

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    I like the no commitment of buying or paying maintenance fees. If I can make it work for me and rent from VIP and receive the discounts without paying monthly maintenance fees what would you calculate my pay back on investment? Why own if I can rent from a VIP at pretty close to a VIP'S cost without the investment of buying?
     
  8. dgalati

    dgalati TUG Member

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    Wyndham math you can rent the points at cost and pay all maintenance fees.
     
  9. dgalati

    dgalati TUG Member

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    A agent of Wyndham couldn't sell it better then you. If it works for you great. It just dosent add up for me.
     
  10. dgalati

    dgalati TUG Member

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    Does that include closing and transfer fees?
     
  11. dgalati

    dgalati TUG Member

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    Almost 8x plus
     
    Last edited: Sep 11, 2019
  12. Braindead

    Braindead TUG Member

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    You show your true colors by reverting to name calling or insinuating since you can’t dispel my math!!
    Go ahead & add some more, so far it’s a:
    Sales rep — I think I heard that line at a owners update
    Brain washed
    Wyndham math
    Agent of Wyndham

    Anything else you’d like to add in one thread??
     
  13. dgalati

    dgalati TUG Member

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    Sorry my intent wasn't intended to offend anyone.
     
    Last edited: Sep 12, 2019
  14. spackler

    spackler TUG Member

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    You two need to get a room.
     
    Rolltydr likes this.
  15. stevenh21

    stevenh21 TUG Member

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    Mistake in the math. To get from 1.3 million points to 1.4 million, one would need to purchase 100,000 or 100K points. I'm surprised no one pointed this out.
     
    dgalati likes this.
  16. 55plus

    55plus TUG Member

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    You are correct; my bad...
     
    dgalati and stevenh21 like this.
  17. Richelle

    Richelle TUG Member

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    Vacation Villages at Parkway
    Or a time out. :)
     
    T-Dot-Traveller likes this.
  18. T-Dot-Traveller

    T-Dot-Traveller TUG Member

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    see those TS sales folks are always looking out for - “your future best interest “.
    LOL

    I hope the car he was driving at 80+ stopped faster .
     
    Sandi Bo likes this.
  19. jerrybev

    jerrybev TUG Member

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    hi
    I started this thread about the Founders Program. I have a request: if anyone has bought the Founders program, what were you promised and what did you receive from Wyndham after you paid? Thank you for your input.
    Jerry Whitfield
     
  20. jerrybev

    jerrybev TUG Member

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    hi
    what were you promised verbally and what was promised in writing in the paperwork you received after your purchase? Also would you like to publish the defining page(s) of the paperwork you were given?
    thank you
    Jerry Whitfield
     
  21. Braindead

    Braindead TUG Member

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    There isn’t a current Founders level of VIP benefits
    All we & or sales know for sure at this time is it will be a minimum of 1,400,000 points of developer credit to get the Founders VIP benefits
    Everything else is pure speculation by us & sales so you will not see any other specifics in a contract or anything in writing from Wyndham at this time
     
  22. chapjim

    chapjim TUG Member

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    There's nothing to buy (except points in anticipation of something happening). The Founder's Program is still in the ether.
     
  23. Braindead

    Braindead TUG Member

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    I can give you a few guarantees of what’s in current & future purchase agreements-contracts.
    1. Any verbal representations made are not binding
    2. Wyndham is not liable for any verbal representations made
    3. VIP benefits this will include Founders are not guaranteed
    4. VIP benefits are subject to change
    5. VIP levels are subject to change

    Not exact wording of course but you should get the drift. Not a single thing a sales rep says is binding
     
    Last edited: Sep 13, 2019
    dgalati likes this.
  24. Normita

    Normita TUG Member

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    Maybe someone should be nominated to attend the Wyndham Annual Meeting in Austin TX on November 7 and ask these pointed questions. I believe that one can sign up for the Podcast, (or at least it was possible in previous years) so we can all hear the answers.
     
    HitchHiker71 likes this.
  25. dgalati

    dgalati TUG Member

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    Its a marketing strategy to sell more points. Nothing has been finalized its a great way to hoodwink more into buying more points that they can possibly use.
     

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