welliott18
newbie
- Joined
- Nov 26, 2018
- Messages
- 3
- Reaction score
- 1
- Points
- 3
- Resorts Owned
- Parc Soleil Orlando HGVC
My wife and I are currently HGVC owners with 3,400 points EOY (odd) at Parc Soleil Orlando. We bought it with cash around 3.5 years ago. Yearly maintenance is $1,100.
We just had a presentation/review and they were trying to upsell us to a larger point package, but after reading this forum years ago knew would be a rip off. They showed us two options:
1. Upgrade to 5,200 points EOY with $860 maint for $8000 NET after buying or existing.
2. Upgrade to 7,000 points EY with $950 maint for $35,000 NET
We eventually would like to get more points and travel more. We like the flexibility and options with HGVC, but it’s pretty apparent that we got fleeced on our original purchase and buying more through Hilton is a ripoff.
I’m trying to determine what a good future move would be, dump our existing and buy something better resale or keep existing and buy resale (probably not ideal paying two maint fees). Our survey is below, look forward to any advice from some seasoned vets!
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Nothing in particular, we would eventually like to visit Europe, but tend to try different places each time.
2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
We like the flexibility of points for now and have only used our home resort once with HGVC so far
3) What are your 5 top trade destinations?
Europe (Spain and Italy are on the list)
Hawaii (not too picky on island)
Caribbean (again not that picky)
4) How many people do you usually travel with?
2 adults
2 children (2.5 yo and expecting infant in 2019)
5) Can you travel any time, or are you locked into the school schedule?
Anytime currently, will change in 5 years when children are in school.
6) Can you make firm plans 12 or more mos. in advance?
Yes
7) Can you vacation for a full week at a time?
Yes
8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
4
9) How much can you afford to spend upfront, without financing?
~$20k
10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?
Can make anything work but would like to stay below $1,500
11) Are you a detail oriented planner?
Yes
12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?
Yes
We just had a presentation/review and they were trying to upsell us to a larger point package, but after reading this forum years ago knew would be a rip off. They showed us two options:
1. Upgrade to 5,200 points EOY with $860 maint for $8000 NET after buying or existing.
2. Upgrade to 7,000 points EY with $950 maint for $35,000 NET
We eventually would like to get more points and travel more. We like the flexibility and options with HGVC, but it’s pretty apparent that we got fleeced on our original purchase and buying more through Hilton is a ripoff.
I’m trying to determine what a good future move would be, dump our existing and buy something better resale or keep existing and buy resale (probably not ideal paying two maint fees). Our survey is below, look forward to any advice from some seasoned vets!
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Nothing in particular, we would eventually like to visit Europe, but tend to try different places each time.
2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
We like the flexibility of points for now and have only used our home resort once with HGVC so far
3) What are your 5 top trade destinations?
Europe (Spain and Italy are on the list)
Hawaii (not too picky on island)
Caribbean (again not that picky)
4) How many people do you usually travel with?
2 adults
2 children (2.5 yo and expecting infant in 2019)
5) Can you travel any time, or are you locked into the school schedule?
Anytime currently, will change in 5 years when children are in school.
6) Can you make firm plans 12 or more mos. in advance?
Yes
7) Can you vacation for a full week at a time?
Yes
8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
4
9) How much can you afford to spend upfront, without financing?
~$20k
10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?
Can make anything work but would like to stay below $1,500
11) Are you a detail oriented planner?
Yes
12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?
Yes