NEW TS OWNER!! Question about Kaua'i!

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

thanks again everyone, I have contacted the wife and let you know what we decide. Either way, whatever that is that "we" decide, I thank you already for all of your concern and advice and quick responses! Thank you really more than I can say.

And Gray, I understand it's not direct but my point was like...it was described to me that if we want to go to Hawaii in March, even though it's NOT a direct transfer, in order to be able to exchange we do NOT need to be able to find someone who wants to go to Welk that same week or even in March, it just sort of becomes a 'notch' in the vacancy weeks open for exchange at Welk...again don't think I'm describing it very well.

Waiting for wifey response...right now I am clinging too "you could have done a lot worse" -- meaning other people have been taken for worse than me, LOL. It "seemed" like such a great program and like such a great investment for savings on travel later in life

YES, correct - we all put our weeks in a 'bank' and then we 'withdraw' someone else's week - but there are many factors that come into play - who deposits what/availability, whose deposit is stronger then someone elses...

example: 10 Hawaii weeks are deposited - 30 people want one - who gets it depends on the value the exchange company places on the week that YOU deposited....a week in October in Orlando is not going to get it -
a summer week in Hilton Head IS going to get it, a week at Lawrence Welk in November is not going to get it, a July Lawrence Welk will get it..... and if it is a 'chain' where owners get priority - such as Marriott or Starwood/Westin/Sheraton or Hyatt - very few will get passed the owners preference period.

And just another thought - if 120,000 LW points will get ANY week at the resort - then what weeks do u think all the new owners will reserve - a week in July for 120,000 pts with GREAT trade power/desirability or a week in January that nobody would want in a trade for 120,000????

Okay, I am exhausted - I need to take a BREAK!

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

last post until I hear from her, I don't want to become annoying to you guys, but SOMEONE tell me either way that even if we overpaid to begin with, this IS a good investment for the future and it WILL save me a lot of $$ in future traveling? Someone lie to me so I can stop shaking and crying, LOL, kidding about the crying!

Yes, it will save u money ..... certainly over what u would pay retail to stay at the really nice resorts u will go to in the future.

and yes, I purchased several weeks from the developer as u did and have since learned how to maximize my ownerships - and buy resale

[JDrozen Member Find all posts View Profile Close JDrozen]

the bonus weeks are coming from II.......trying to find out, but they do not expire within 59 days, it's within a year i think...so really you use your "bonus" week of exchange FIRST when you want to exchange...

as far as seeing the online availabilities...it doesn't work that way with the Welk...they've got the only actual II in person rep 24/7, as opposed to going online and checking there. I dunno. wife doesn't want to change. she likes our program and wants to stick. I told her my new best friends Lawren and Gray said we way overpaid and can get identical program for cheaper....she said what if we get out and then in 2 weeks this same program if we like it best, is now more expensive, soo let's just stay where we are!

ugh. why did I marry her again?????? sooooo tell me now, at the VERY least, that even if we overpaid up front, I WILL get my investment back through savings later in life on travel.

sigh.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

sooooo tell me now, at the VERY least, that even if we overpaid up front, I WILL get my investment back through savings later in life on travel.

sigh.

Doubt it.

Think about the depreciation of a new car the second you drive it off the lot.

Timeshares are like that but worse, much worse. Hardly any retain more than 20% of developer price.

[JDrozen Member Find all posts View Profile Close JDrozen]

Gray --- maybe I am confused? When I call to exchange a week, I am NOT exchanging a "week" in November or a week in July, I am just trading my week (that is NOT specific, no time of the year, no week of the year, no season of the year, just my week available for whenever I want it), just exchanging week "X" to go to Hawaii....and then say there were 10 weeks available at Welk, now there are 11 weeks available...to be taken up whenever someone asks for it....maybe you can help clarify this further? I was led to believe it's the trading power of Welk and San Diego, not the trading power of the WEEK that we want to go. That matters for the week we want to exchange IN TO, but not for the week we are giving up, because there is no specific week that we're giving up....?

Thanks again so much for the help, but this is the program I'm doing and I guess that's not changing...ugh. oy. Oh well, guess I have to get over it and just enjoy Lawren's sentence "other people have paid way more than you and gotten over their buyer's remorse and learned to enjoy their vacations!"

[JDrozen Member Find all posts View Profile Close JDrozen]

what i mean is by savings Lawren is that the moment I take 4-5 trips that would have cost me 16k, but they cost me 3k instead, that savings there is 13k...almost the cost of the timeshare...so then....cost of trips 6-10 is all "profit" if you will....anyway, just a thought.

::hangs head::

thanks again, hope I can learn to enjoy this program now.

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

Doubt it.

Think about the depreciation of a new car the second you drive it off the lot.

Timeshares are like that but worse, much worse. Hardly any retain more than 20% of developer price.

Lawren, when I traded into a 2BR unit at Four Seasons Aviara - it would have cost me over $800+tax a night to stay in that same unit if i booked it thru the resort.....so while he will NEVER get his purchase price back - he will certainly stay at really nice resorts for much less then if he booked it directly.
That was what I was implying with my statement.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

I suppose it wouldn't help telling DW that all of my timeshares combined purchase prices aren't equal to 40% of what you are paying?

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

Answers in bold

Gray --- maybe I am confused?
Yes, you are....
When I call to exchange a week, I am NOT exchanging a "week" in November or a week in July,
Yes, you are....

I am just trading my week (that is NOT specific, no time of the year, no week of the year, no season of the year, just my week available for whenever I want it), just exchanging week "X" to go to Hawaii....
No, you are NOT....LW HAS to deposit 'something into II for you to exchange with and it DOES matter a LOT if it is a November week or a July week - because i don't WANT to go to CA in November - i want to go in July - so the July week is MUCH more valuable to II then that crappy November week....oh, never mind

and then say there were 10 weeks available at Welk, now there are 11 weeks available...to be taken up whenever someone asks for it....maybe you can help clarify this further?

I was led to believe it's the trading power of Welk and San Diego, AND the specific week you reserve to trade

not the trading power of the WEEK that we want to go.
also not true - because more people want to go to Hawaii in Jan-March to see the whales then in May or September

That matters for the week we want to exchange IN TO,
but not for the week we are giving up,
Totally untrue - the weeks ALWAYS matters

because there is no specific week that we're giving up....????

Thanks again so much for the help, but this is the program I'm doing and I guess that's not changing...ugh. oy. Oh well, guess I have to get over it and just enjoy Lawren's sentence "other people have paid way more than you and gotten over their buyer's remorse and learned to enjoy their vacations!"

Good Luck to you

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

Waiting for wifey response...right now I am clinging too "you could have done a lot worse" -- meaning other people have been taken for worse than me, LOL. It "seemed" like such a great program and like such a great investment for savings on travel later in life

You could have done a lot worse.

Well I own several hundred shares of Washington Mutual in the financial services part of my portfolio. But I could have done worse - I could have owned Bear Stearns instead.

[JDrozen Member Find all posts View Profile Close JDrozen]

that's what I was trying to say as well Gray...

what type of programs did you buy lawren? that would help me maybe with trying to convince her...the programs you bought were for resorts where? And what amount of travel comes with those programs?

Gray - can you clarify again...I highly doubt the program we joined is some "revolutinary" thing, but it SEEMS like the way they described it is, there is no such thing as "giving up" a week at Welk in November vs June and one carrying more weight than the other. They did not describe that it works that way at all...it is like you call up and say I want to go to X and if the trading power is high enough at your resort (which Welk in southern cali is supposed to be very high), then they take your week not "specific week" just the 7 days you have availalbe at your use for Welk Resorts in Escondido, add that to their bank, and get you the place you want to go....

is that so wrong or ass backwards that you're laughing at me? LOL.

Gotta get over it..lawren, unless there's a lot of specifics you can provide about the programs you belong to so that the wife can compare them to the program we just purchased, she seems to not want to be persuaded, UGH. she is scared to get out of this program and then not know any details about other types of programs.

thanks so so so so SO much for the help and advice, if we're stuck in this one then I will just lean on all of you to help us get the most out of it that we can!

[JDrozen Member Find all posts View Profile Close JDrozen]

HAHA THANKS T.R.!! GOOD ANALOGY!!

Wow, okay, Gray...how do I know what week I am giving up? Like I said, it was explained that was NOT the case but I am confused, CLEARLY. lol.

The week I am giving up is the SAME week that I am wanting to go travel? Is that what you're saying? IF so, that is the EXACT opposite of what I was told how this platinum ownership program works at Welk...

Thanks again everyone, enjoy your weekends, I'll be out of your hair soon!

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

Gray - can you clarify again...I highly doubt the program we joined is some "revolutinary" thing, but it SEEMS like the way they described it is, there is no such thing as "giving up" a week at Welk in November vs June and one carrying more weight than the other. They did not describe that it works that way at all...it is like you call up and say I want to go to X and if the trading power is high enough at your resort (which Welk in southern cali is supposed to be very high), then they take your week not "specific week" just the 7 days you have availalbe at your use for Welk Resorts in Escondido, add that to their bank, and get you the place you want to go....

is that so wrong or ass backwards that you're laughing at me? LOL.

!

Ask this same question on this other highly rated website... Timeshare Users Group Online Community Forums

Please forgive me but what u were told - that all LW points trade alike - TimeSharing 101 - is the BIGEST LIE.

[T. R. Oglodyte Moderator Find all posts View Profile Close T. R. Oglodyte]

Wow, okay, Gray...how do I know what week I am giving up? Like I said, it was explained that was NOT the case but I am confused, CLEARLY. lol.

The fact that you are confused is ample reason to rescind. Unless you are so well fixed that dropping $20k needlessly is inconsequential to you.

[lawren2 Malibu Beach Barbie & A Super Moderator Find all posts View Profile Close lawren2]

You could have done a lot worse.

Well I own several hundred shares of Washington Mutual in the financial services part of my portfolio. But I could have done worse - I could have owned Bear Stearns instead.

Great analogy.