This may sound like heresay, and perhaps it is, but I have changed my opinion, at least for now about whether it is worthwhile to renew RCI membership. Rather that letting mine go as it runs out, as I had long planned, I am renewing.
The reason is simple. Rental Condominiums International, at least for now, is offering some good, sometimes great, rental rates in places I want to go at times I want to go. As long as they do that, hey, I'll be a pirate and participate in plundering the system. Its not like getting bogged down in points, which also plunders the exchange system. This one, I just have to pay an annual membership fee, and if the gravy train stops it is real simple to get off. I have already confirmed some rentals a year out for about half of what my maintenance fee alone at my home base resort on the OBX would be. Deposit and exchange? That is real foolish as long as these rentals are out there.
In the long run will this last? Probably not. It is a Ponzi scheme, and the poor saps who provide the deposits that RCI is renting out, often cheaply, will eventually wise up. When it finally peters out, that is when I will just not renew.
The reason is simple. Rental Condominiums International, at least for now, is offering some good, sometimes great, rental rates in places I want to go at times I want to go. As long as they do that, hey, I'll be a pirate and participate in plundering the system. Its not like getting bogged down in points, which also plunders the exchange system. This one, I just have to pay an annual membership fee, and if the gravy train stops it is real simple to get off. I have already confirmed some rentals a year out for about half of what my maintenance fee alone at my home base resort on the OBX would be. Deposit and exchange? That is real foolish as long as these rentals are out there.
In the long run will this last? Probably not. It is a Ponzi scheme, and the poor saps who provide the deposits that RCI is renting out, often cheaply, will eventually wise up. When it finally peters out, that is when I will just not renew.
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