Just bought Bay Club....how do I use the first year points?

[klpca]

I just bought a Bay Club unit (2 bedroom penthouse - EOY odd, 7000 pts) from Sumday. I suppose it will close in 1 - 2 months. I have 2017 usage but I will not be able to use the points this year. We would like to use them in 2018 or 2019 for Italy (if possible). I have read lots of threads and the stickies and I am still confused about how I will use those points for a later year reservation.

Can I just make the reservation in 2017 for 2018 or do the points have to be utilized in the use year? Do I "save" them first? Also, if I don't use up all of those points, would depositing the balance into RCI extend them for the longest period of time? For the record, we plan on using this unit at least half the time. I know that it is probably not the best per point purchase I could have made, but we truly prefer eoy contracts. (I know about the club dues - it is what it is )

Sorry - I know that these are basic questions but I am a learn by doing kind of person.

 

[Talent312]

First, you'll need to enroll your unit in HGVC. At affiliates, membership is not automatic.
When you make a booking, points are drawn from the year of your use (stay), so...
If you make a reservation in 2017 for a stay in 2018, it will draw your points from 2018...
Unless you first "save" your 2017 points for use in 2018. They'll become like 2018 points.

The system first draws saved-points, then that year's points, and lastly, borrows points.
If in 2018, you can't use all the points you saved, you can deposit them to the RCI program.
But that means you won't touch your new 2018 points and will need to extend them as well.

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[klpca]

First, you'll need to enroll your unit in HGVC. At affiliates, membership is not automatic.
When you make a booking, points are drawn from the year of your use (stay), so...
If you make a reservation in 2017 for a stay in 2018, it will draw your points from 2018...
Unless you first "save" your 2017 points for use in 2018. They'll become like 2018 points.

The system first draws saved-points, then that year's points, and lastly, borrows points.
If in 2018, you can't use all the points you saved, you can deposit them to the RCI program.
But that means you won't touch your new 2018 points and will need to extend them as well.

.

Thanks for the information. We are buying an EOY odd unit. Do I save the 2017 points into 2018? If I do that, I need to use them in some way by 12/31/2018?

 

[Talent312]

We are buying an EOY odd unit. Do I save the 2017 points into 2018? If I do that, I need to use them in some way by 12/31/2018?

That is correct. Your saved-points will be treated like 2018 points, but they cannot be saved again. They will expire 12/31/18, but their term may be extended by deposit to the RCI program. The club rules say: "Members may deposit... previously Saved ClubPoints into the RCI Exchange Program for future reservations. RCI deposits are valid from the date of deposit through an additional two calendar years... [P]oints previously deposited with RCI scheduled to expire at the end of the current year, may be extended for one additional year."

I suggest that you read the rules, start to finish, 4-5 times, and refer to them as issues arise.
See: http://www.hgvclubprogram.com/content/2017-HGV-Club-Reference.pdf


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[klpca]

Thanks for the clarification and for the link to the 2017 Club rules. I hadn't seen that. I was confused on usage of the points because of the biennial use year. I appreciate the information.

 

[Jason245]

I just bought a Bay Club unit (2 bedroom penthouse - EOY odd, 7000 pts) from Sumday. I suppose it will close in 1 - 2 months. I have 2017 usage but I will not be able to use the points this year. We would like to use them in 2018 or 2019 for Italy (if possible). I have read lots of threads and the stickies and I am still confused about how I will use those points for a later year reservation.

Can I just make the reservation in 2017 for 2018 or do the points have to be utilized in the use year? Do I "save" them first? Also, if I don't use up all of those points, would depositing the balance into RCI extend them for the longest period of time? For the record, we plan on using this unit at least half the time. I know that it is probably not the best per point purchase I could have made, but we truly prefer eoy contracts. (I know about the club dues - it is what it is )

Sorry - I know that these are basic questions but I am a learn by doing kind of person.

Out of Curiosity, what are those units going for now en days?

 

[klpca]

Out of Curiosity, what are those units going for now en days?

Judy Koz has them listed for $2000 I believe. I found a deal through Sumday though - $900 plus free 2017 usage.

 

[Jason245]

Judy Koz has them listed for $2000 I believe. I found a deal through Sumday though - $900 plus free 2017 usage.

900 all In after closing costs? Plus about 500 enrollment. . Not bad.

Sent from my SAMSUNG-SM-N910A using Tapatalk

 

[klpca]

900 all In after closing costs? Plus about 500 enrollment. . Not bad.

Sent from my SAMSUNG-SM-N910A using Tapatalk

Yep. At that price I couldn't say no. We loved the Bay Club when we stayed there. Having access to the top floor units was a plus.

 

[dsmrp]

First, you'll need to enroll your unit in HGVC. At affiliates, membership is not automatic.

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To do enrollment, be sure to get your contract number from the closing company after they notify the resort of your new ownership. Then contact clubsupport@hgvc.com to request an activation agreement form. Only took 1-2 weeks for HGVC to process my form.

Bay Club uses paper forms when you want to use your whole week in your use year. I haven't used one in my 2 years ownership, but plan to for 2018 . Their reservation form had owners list 1st, 2nd,3rd week choices. I think platinum owners can basically reserve 1-52, so some competition for weeks 51-52.