Now through October 7th, Marriott Vacation Club International is running a promotion that allows the buyer of a new MVC Points package of at least 3,500 points to receive a $6,790 discount on the purchase price, plus 300,000 Marriott Rewards points. Is this a “good” deal, and is it better than buying a points package on the resale market? Perhaps, but only for certain individuals, and it turns on how good someone is at using the Marriott Rewards points.
First, there’s no question that on a pure cost consideration, buying resale wins hands down every time. As of September 10, 2015, a new points package was priced from $13/point. On the resale market, packages can be bought for as low as $3/point, and still pass Marriott’s right of first refusal. For a 3,500 points package, that’s a savings of $35,000! But let’s consider the 300k Marriott Rewards points and the price discount as well. According to a leading rewards travel site, Marriott Rewards points are valued at $.07/mile, so 300k points could be worth $21,000 in travel credit. Add on the $6,790 discount currently being offered, and the value of incentives being offered climbs to almost $28,000. Assuming full price of a 3,500 points package is 13x3,500 = $45,500, the net price is $17,500 after the value of the incentives are subtracted. That’s still considerably higher than a resale points package that could probably pass the right-of-first-refusal in the $11,000 - $15,000.
So the short answer is that even with the discount and the 300k Marriott Rewards points, it’s still a better deal to purchase a points package on the resales market. And in case you’re curious what 300k Marriott Rewards points could get you, try 7 nights at a Category 9 property like the Renaissance New York Times Square Hotel, or 40 nights at a Category 1 property like the Fairfield Inn in Modesto, CA.
Contact us today if you’re interested in purchasing a Marriott Vacation Club Points package on the resale market.
First, there’s no question that on a pure cost consideration, buying resale wins hands down every time. As of September 10, 2015, a new points package was priced from $13/point. On the resale market, packages can be bought for as low as $3/point, and still pass Marriott’s right of first refusal. For a 3,500 points package, that’s a savings of $35,000! But let’s consider the 300k Marriott Rewards points and the price discount as well. According to a leading rewards travel site, Marriott Rewards points are valued at $.07/mile, so 300k points could be worth $21,000 in travel credit. Add on the $6,790 discount currently being offered, and the value of incentives being offered climbs to almost $28,000. Assuming full price of a 3,500 points package is 13x3,500 = $45,500, the net price is $17,500 after the value of the incentives are subtracted. That’s still considerably higher than a resale points package that could probably pass the right-of-first-refusal in the $11,000 - $15,000.
So the short answer is that even with the discount and the 300k Marriott Rewards points, it’s still a better deal to purchase a points package on the resales market. And in case you’re curious what 300k Marriott Rewards points could get you, try 7 nights at a Category 9 property like the Renaissance New York Times Square Hotel, or 40 nights at a Category 1 property like the Fairfield Inn in Modesto, CA.
Contact us today if you’re interested in purchasing a Marriott Vacation Club Points package on the resale market.
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