Just went to the presentation today
We did it for a reduced price parasailing (4 of us for $80 total rather than the $260 or so it would've cost retail). I went in knowing good and well that we wouldn't go for it. I already own a HGVC that I bought for a song resale, but basically I'd prefer to waste an hour and a half and save nearly $200, so that's what I did.
The presentation was very slick. They had a "game room" for the kids (tv with an x-box - the kids were thrilled). The person leading the presentation had apparently been flown in to do the presentation. He was very good. His name is Kerry Elevier, I think. We had our personal sales person who applauded along and then afterwards tried to sell us. When I said "thanks but no thanks," she said we're not getting off that easily. It's almost like she knew she was going through the motions for us. When we made it clear we weren't going for it, she said ok, and proceeded to give me a bunch of hints on how to maximize our HGVC property with good trades. She was very helpful, this was not done with any sales in mind, as she knew it wasn't happening.
When she went to get us our final voucher, she had to have the "closer" sign off on it, he came by and tried to get us to do it, but we mentioned that we had more than enough vacation stuff going on, so we weren't going to do it. I mentioned my HGVC, and he quickly realized it wasn't going to happen.
I will say, having read the previous people trying to justify this, giving some of them (Stephanie in specific) the benefit of the doubt, I would say that you can get bargains this way, and if you didn't have the buy in, it would probably have some great value. Of course, spending $4, $6 or $8 thousand up front to get access to these great bargains is no longer a bargain. However, if you're really lazy, and want someone to do all the work for you, and don't mind spending that much up front, go for it. It's your money, after all.
All you have to do, though, is run through the numbers. Calculate how much you spend up front, how much it costs per year, and how much you spend per actual week you use (they have funny money numbers of credits they give you which is meaningless - how much does one actually spend each week they use is all I want to know). When you get that number, divide it by something like 10 years or more, and you'll get an idea of how much value this has.
I have no doubt that they use very shady techniques to get people to buy - high pressure, slick marketing, vague claims and terms (costs "from" a certain amount of money, using searches which are not necessarily the ones most would use, blurring different types of usages and costs, etc.), and finally, pressure that you HAVE to buy today or it's just no good. Of course, like with any of these vacations travel deals, someone has to pay for the expensive marketing (freebies that I got, for instance) that they use, someone pays upfront, and then us Tuggies who do our homework swoop in and pick up the stuff that's left over when people realize they're in too deep.
So, I'm sure, like those who pay full price from the developer on timeshares, there are instances of people getting value from their purchases, even here, if you use it (and the company stays in business), then you'll get some satisfaction. For me, I get far more satisfaction getting the same product at a fraction of the cost. So, caveat emptor. It's not like us folk here at TUG are trying to pull the wool over anyone's eyes - far from it, the more we discourage people from buying full-fare coach, the more we hurt ourselves, because more savvy shoppers will in the end cost us more money. But, that's just the type of people we are, I guess.
