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Renting HICV Points

Discussion in 'Buying, Selling & Renting Timeshares' started by Michael Brenner, Aug 11, 2018.

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  1. Michael Brenner

    Michael Brenner Guest

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    I am considering buying a unit on the secondary market, and I'm wondering if anyone can tell my how renting points works. As best I can tell, at the lower level, you can rent 50% of your annual points, and you would pay a $4 fee for each 1,000 points rented. Does anyone know how much the points actually cost to rent? Thanks!
     
  2. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

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    A few in SC, VA and FL, a single resort in NC, MD, PA, NY, UT, ME, WI, and TN plus Jamaica and the Bahamas
    Renting points is $10 per point (but I heard they may be doing away with renting points or at least changing the program). Borrowing points from future years is $4 that you are prepaying toward next years MF's.
     
  3. Bmatrose

    Bmatrose TUG Member

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    if your buying just to rent its not a great idea. If you were Elite you get some advantages to make it easier but at lower levels its tough to make back your maintenance.
     
  4. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

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    The OP is looking to buy a small amount of points and rent (for himself) the additional points he needs from HICV not to rent out to others. Best bet would be to buy the number of points needed and not to rely on renting additional points.
     
  5. Bmatrose

    Bmatrose TUG Member

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    My bad...I miss read his post...Just for Original Posters information, Only 3 locations transfer as points on the resale market. All others go back to deeded weeks.
     
  6. Michael Brenner

    Michael Brenner Guest

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    Thanks for the help!
     

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