Why Buy the Cow . . . . ? Timeshare Villa Rentals

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

There's no effort to try to hide it any more:

http://www.extraholidays.com/

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Well I'm already booked for Wyndham Royal Vista for next year thru the Club and there is no availability on this website at all for my dates.
Also the rates for Bonnet Creek are much higher than owning Wyndham points or trading in thru RCI.
So what's your point?

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

So what's your point?

As you posted Wyndham Timeshare Rentals http://www.extraholidays.com

Marriott Vacation Club Rentals https://www.marriott.com/marriott/br...-vacation-club

Starwood (Westin/Sheraton) Vacation Network Rentals http://www.starwoodvillaresorts.com

Hilton Grand Vacation Club Rentals http://www.stayhgv.com/?WT.srch=1

Grand Pacific Resort Rentals http://www.grandpacificpalisades.com/?mcid=gc7482k111

The list goes on and it is common knowledge that vacation clubs rent their excess/unsold inventory, what's your point?

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

Putting rentals out there to the general public means that there is no need to buy timeshare. The direct rentals from developers are often pricier than renting exchange deposits from RCI. But that is not always the case. Someone on a European site found where DRI (or it may have been in the Sunterra days) was renting out European weeks cheaper than the maintenance fees. That sort of thing makes members feel like they have been snookered.

[SallyHoover Senior Member Find all posts View Profile Close SallyHoover]

Putting rentals out there to the general public means that there is no need to buy timeshare. The direct rentals from developers are often pricier than renting exchange deposits from RCI. But that is not always the case. Someone on a European site found where DRI (or it may have been in the Sunterra days) was renting out European weeks cheaper than the maintenance fees. That sort of thing makes members feel like they have been snookered.

It does undermine value but off season weeks often have a lower and sometimes a much lower value than the MF's that owners pay. It is the flaw of seasonal timeshares that require MF's be the same across all weeks and seasons. Most timeshares have at least some weeks that have a market rental value of higher than the MF's. If all the weeks can be rented for less than MF's there is no reason for the timeshare to exist and the owners should work hard to get the super majority needed to close it down.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

It does undermine value but off season weeks often have a lower and sometimes a much lower value than the MF's that owners pay. It is the flaw of seasonal timeshares that require MF's be the same across all weeks and seasons. Most timeshares have at least some weeks that have a market rental value of higher than the MF's. If all the weeks can be rented for less than MF's there is no reason for the timeshare to exist and the owners should work hard to get the super majority needed to close it down.

The problem is that RCI drives rental prices down by flooding the market. They take weeks they get free, as exchange deposits, including prime weeks, and abuse the trust of their members by renting those weeks out to the general public.

The supply / demand situation is not just in the low season at ''seasonal'' resorts (and in fact most resorts ARE seasonal), but also in the overbuilt area, where there is an overabundance of everything.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

The problem is that RCI drives rental prices down by flooding the market. They take weeks they get free, as exchange deposits, including prime weeks, and abuse the trust of their members by renting those weeks out to the general public.

The supply / demand situation is not just in the low season at ''seasonal'' resorts (and in fact most resorts ARE seasonal), but also in the overbuilt area, where there is an overabundance of everything.

See my examples of many other TS systems - Wyndham is not alone in renting.

BTW, I check week 3 Wyndham Bluebeards BeachClub - rental $1700+ - maint fee $650

Marriott Aruba Surf Club 2BR March....maint fee $1450 - 1BR unit for that week costs $4,620

......you do the math.

[Carolinian Super Moderator Find all posts View Profile Close Carolinian]

My post you quoted was about RCI. I pointed out in an earlier post in this thread that many developers do set higher rental prices, although not all of them. I have personally rented from RCI in both Europe and North America for at or below maintenance fee level, as that is the main way that RCI has value to me these days. while I take advantage of it, I hate that they do it because it is a dagger pointed right at the heart of exchanging and at resort sustainability.

See my examples of many other TS systems - Wyndham is not alone in renting.

BTW, I check week 3 Wyndham Bluebeards BeachClub - rental $1700+ - maint fee $650

Marriott Aruba Surf Club 2BR March....maint fee $1450 - 1BR unit for that week costs $4,620

......you do the math.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

My post you quoted was about RCI. I pointed out in an earlier post in this thread that many developers do set higher rental prices, although not all of them. I have personally rented from RCI in both Europe and North America for at or below maintenance fee level, as that is the main way that RCI has value to me these days. while I take advantage of it, I hate that they do it because it is a dagger pointed right at the heart of exchanging and at resort sustainability.

Yes, but the 'extraholidays' website that JLB posted is the Wyndham Timeshare rental website - not RCI rentals - it only features Wyndham Resorts, not all RCI.

Now I know that Wyndham owns RCI, but that is not the website JLB posted.

he is trying to get your goat

[chriskre Super Moderator Find all posts View Profile Close chriskre]

Putting rentals out there to the general public means that there is no need to buy timeshare. The direct rentals from developers are often pricier than renting exchange deposits from RCI. But that is not always the case. Someone on a European site found where DRI (or it may have been in the Sunterra days) was renting out European weeks cheaper than the maintenance fees. That sort of thing makes members feel like they have been snookered.

For years (since 1985) I rented timeshares from the resorts directly and from Interval's public rentals and it seemed to be good value at the time.
Of course for the casual observer with limited vacation time it may not make sense to own, but to someone who wants to use timeshares in lieu of a second home it starts to get expensive.

Even if I rent to stay at my favorite home resort it's cheaper for me to exchange in than to rent either from RCI or from the resort directly except in the very off season or the undesirable units.

The best option for me has been to own my weeks there and not have to worry about exchanging or renting period, but if I want 6 weeks there, then RCI and exchanging in general makes it extremely
affordable to do so without the ongoing worries of owning 6 weeks there where I'd get hit with 6 special assessments at once. I can ramp it up or down depending upon my needs that year and spread
out my risks of a special assessment among several resorts.
This year I did 6 weeks at my favorite little place, next year I'll probably only do 3 and go elsewhere.

I may try to pick up a last minute deal if it shows up on last call, but even then I want only specific units so am now picky on what I'll accept even on a cheap rental.

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

he is trying to get your goat

Why would you assume that?

Why would you assume I started a thread with anyone particular in mind? Why him?

Why would I need a goat? (don't answer that) Why his goat? There's plenty of local goats all around here.

What I intended to say when I started this thread is, "Hey, they don't even try to hide it anymore." Oh, maybe I said that.

It's just that it's so blatant anymore, like the timeshare companies are just rubbing it their owners' faces.

I found this posted on a forum that is very opposed to timeshares, and I believe the person who posted it did not realize it was timeshares, or they would not have posted it on that site.



Oh, & if anyone believes RCI or any timeshare-related company only rents offseason, less-valued weeks, that certainly is dilusional.

Those prime Snowbird weeks stopped showing up in the Spacebank when the rentals began.

But, then, anything more than $199 is more than an exchange, so every deposit is fair game.

[GrayFal Silver Contributor and supermoderator Find all posts View Profile Close GrayFal]

Why would you assume that?

Why would you assume I started a thread when anyone in particular in mind? & if I did, why her?

Why would need a goat? (don't answer that) Why her goat? There's plenty of local goats all around here.

What I intended to say when I started this thread is ,"Hey, they don't even try to hide it anymore." Oh, maybe I said that. It's just that it has become so blatant anymore, like the timeshare companies are just rubbing it their owners' faces.

I found this posted on a forum that is very opposed to timeshares, and I believe the person who posted it did not realize it was timeshares, or they would not have posted it on that site.

I believe carolinian is a he - not a she.

And I do not see the relationship between cow buying and rental of timeshares to the public. As I said, nothing new.

Carolians response was about RCI rentals - and that is not what you posted.
Trying to figure out why you posted about Wyndham rentals and what that has to do with anything???

[JLB Please excuse me, I'm a Dick. Not a moron just a Dick Find all posts View Profile Close JLB]

I believe carolinian is a he - not a she.

And I do not see the relationship between cow buying and rental of timeshares to the public. As I said, nothing new.

Carolians response was about RCI rentals - and that is not what you posted.
Trying to figure out why you posted about Wyndham rentals and what that has to do with anything???

I corrected the he/her thing, when I saw who quoted who, so, if you will delete yours, since you're on and watching, that would be nice. Then I will delete this.

But, I commend you for the speed at which you jumped all over that.

One hour and ticking.

I really think you know why anyone would post about Wyndham rentals on the RCI board, or what the phrase "Why buy the cow?" means.

But then, if I had a goat, and only need milk, I would not need to buy the cow.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

What I intended to say when I started this thread is, "Hey, they don't even try to hide it anymore." Oh, maybe I said that.

This has never been hidden from the public.
As I said before, I have been renting timeshares from Interval's public website in the Entertainment book for many years before I decided to finally take the plunge and purchase a timeshare.
I'm not smarter than any average bear and have very little business savvy but I managed to find timeshare rentals way before the internet exploded this back in 1985.

Back in the day when you were exchanging into SW Florida with your wugwumps I was calling up condo direct from a 1-800 phone number in the Entertainment guide.
I paid $15 for the guide and used it everywhere. My first timeshare stay was in Hawaii at Napili Shore for $40 a night for an oceanfront 1 bedroom unit without AC.
I can still stay at Napili shore exchanging in for a little more than $40 a night thru exchanging.
I can also rent from them directly from $149 a night.
http://outriggernapilishorescondo.com/

And good luck getting an HGVC rental in SW Florida for less than MF's without exchanging in, but you already know that.

[chriskre Super Moderator Find all posts View Profile Close chriskre]

But then, if I had a goat, and only need milk, I would not need to buy the cow.

But if your milk turned sour and your cow's supply dried up then you'd be much happier if you had another cow as a back up.