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buying a HGVC timeshare in Las Vegas

Discussion in 'Hilton Grand Vacations Club / HGVC' started by Daniela, May 31, 2013.

  1. Daniela

    Daniela Guest

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    My wife and I attended a HGVC timeshare presentation last week in Las Vegas. We were offered a 1 bdrm timeshare, gold, with 5000pts for $28,000 at the Elara.. Later they sweetened the deal with an extra 20,000 club pts. Looking at an offer from timeshare brokerage service, they had a two bedroom, gold, with 5000 pts at the Vegas HGVC for $7100. Either resort was fine with us though I hear the Elara is a bit nicer. With a difference of over $20,000 am I wrong to believe that the two bedroom offer is still a much better deal even though the 20,00 club pts can be converted to honor pts that never expire?
     
  2. lizap

    lizap TUG Member

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    You want to buy resale as the markup from the developer is tremendous. I wouldn't let the clubpoints even enter into the picture as Hilton as greatly increased the number needed for a hotel stay, resulting in devaluation.


     
  3. Remy

    Remy TUG Member

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    The resort you own at is relevant only in regard to the price paid and the maintenance fee for the number of points you receive.

    HGVC Las Vegas Strip 2br/2ba for $11,000 that yields 7,000 points per year and has a $750 annual maintenance fee means you can stay at any of the resorts, including Elara using those points, while paying much less than actually owning at Elara with a higher MF.

    *Insert requisite statement about how dumb it is to purchase direct from HGVC here*

    Don't buy an Elara on resale unless you know it's a unit in the HGVC system. Many on the market are not part of HGVC.
     
  4. bogey21

    bogey21 TUG Member

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    Don't own HGVC anywhere but have stayed at all in Vegas except Elara. Don't know anything about points per dollar spent or anything like that. What I do know is that I like the one on Karan Ave the best. Quasi isolated but still my favorite.

    George
     
    Last edited: May 31, 2013
  5. Daniela

    Daniela Guest

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    I appreciate the feedback from lizap,remy, and bogey21. The bottom line is not to buy direct from HGVC with all the tremendous deals out there.
     
  6. RX8

    RX8 TUG Member

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    As it relates to your home week there are no 5000 gold 1 bedroom units. These are all 2 bedrooms.
     

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