• The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 27 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG started 28 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Check out our happy birthday post here: Happy Birthday TUG!
  • TUG is asking for recent reviews of older resorts, earn a free year membership!

    Read more here
  • TUG has now saved timeshare owners more than $17,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $17 Million dollars
  • Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
  • Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
  • Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
  • A few of the most common links here on the forums for newbies and guests!

2 HGVC Questions

JSNC

Guest
Joined
Nov 26, 2008
Messages
1
Reaction score
0
Points
1
Two HGVC questions I still don't get. Could someone with more experience please help?

(1) Total vs. Partial Points
For instance, what are the pros/cons of purchasing 5,000 or 7,500 points at one time vs. several purchases of 2,500 points?

(2) Home Resort vs. Other Use
If you don't plan to typically go back to the same place year after year, does it matter where you purchase your points? That is, if you know you're just after points, what are the pros/cons of purchasing 5,000 or 7,500 points in Florida vs. Nevada vs. Hawaii?

Thanks!
 

astro57

TUG Member
Joined
Nov 16, 2008
Messages
28
Reaction score
0
Points
1
Location
Thunder Bay Ontario
I posted a question similar to your second question and was told for the most part that a point is a point, so find the cheapest MF's.
 

UWSurfer

Tug Review Crew: Rookie
TUG Member
Joined
Feb 10, 2007
Messages
2,425
Reaction score
27
Points
258
Location
Los Angeles
Two HGVC questions I still don't get. Could someone with more experience please help?

(1) Total vs. Partial Points
For instance, what are the pros/cons of purchasing 5,000 or 7,500 points at one time vs. several purchases of 2,500 points?

(2) Home Resort vs. Other Use
If you don't plan to typically go back to the same place year after year, does it matter where you purchase your points? That is, if you know you're just after points, what are the pros/cons of purchasing 5,000 or 7,500 points in Florida vs. Nevada vs. Hawaii?

Thanks!

The basic thing to remember regarding your first question is each points purchase is tied to a week someplace, and that week has taxes and a maintenance fee associated with it. So if you have one unit worth 7,500 points, you have one maintenance fee. If you have three 2,500 point units, you'll have three maintenance fee's. The fee's are not based on the number of points, but rather the type of unit you own (studio, one bedroom, two bedroom....). The points are associated with the season you've bought into.

Basically if you have three MF's you'll pay quite a bit more than then person who has one.

Regarding the second question, so long as you're not trying to use your EXACT type of unit at your home resort, then there's little reason to purchase anywhere other than a location with the lowest maintenance fee's. Here's an exception though, say you want to go at a popular time at a popular location with tight inventory on a particular type of unit (ex: Kalia tower penthouse, ocean view) (which I don't know if it even exists...this is just an example), then it would be benificial to use your home resort privalage of booking up to 12 months out from your check-in date. Those of us who wish to use our points to book this prize but don't own there must wait nine months out, allowing the owners time to get first pick at their resort.

The key phrase here though is exact unit. If I own a different size or type of unit than the one I'd like to book, I'm also now in the 9 month out line.
 

Talent312

Tug Review Crew: Rookie
TUG Member
Joined
Jul 4, 2007
Messages
15,213
Reaction score
5,096
Points
798
Resorts Owned
HGVC & GTS
Surfer has it right.
The "dirty little secret" in timesharing is those MF's can greatly outweigh your purchase price over time. If you take a look-back approach, what you paid-to-buy will seem like peanuts compared to what you paid-to-keep or use.

A smaller unit (1-BR) in a higher (platinum) season will get you more points for less MF's than a larger unit in a low season. It may cost a little more up front, given the better season, but it could save you a butt-load in the end.

If you guestimate years of ownership (say 10, 15 or 20)
... multiply that by the annual MF's
... tack on the purchase price
... and then divide that sum by the unit's points
you'll have a more realistic cost-per-point comparison between units.

Yeah, paying 3-MF's for the same points as 1-MF would seem foolish... although, some here think so highly of the program that they add on points that way, nonetheless.
 
Last edited:

Sandy VDH

TUG Review Crew: Elite
TUG Member
Joined
Jun 6, 2005
Messages
8,481
Reaction score
2,859
Points
498
Location
Houston, TX
Resorts Owned
Wynd VIP Plat, HGVC Elite, HICV, + few others
See this thread for more info on this topic.

http://www.tugbbs.com/forums/showthread.php?t=85137

Hilton has 4 seasons, Platinum, Gold, Silver and Bronze. Not every location has every season. For instance Hawaii is almost all Platinum with only about 8 weeks that are Silver. There are NO Silver and Bronze in Hawaii.

In general it is better to purchase Platinum time, as it keeps you Maintenance Fees (MF) $ per point to a minimum. Avoid Silver and Bronze time as the cost per point MF will be too high.

Some locations have a price premium and also a MF premium. Hawaii has higher prices and higher MFs. If you don't need to go to Hawaii every year, then you would be better off purchasing first in Vegas, as MFs are lowest in Vegas. Orlando would be a second choice as MFs are slightly higher with insurance and hurricane issues.

Some affiliates can be obtained at decent prices, you have will to pay to join HGVC as it is not transferable from affiliates, but the fee is $399 or something like that.

The members guide can be reviewed at this link. At least it shows you by resort what weeks are what season.
http://www.hiltongrandvacations.com/mg/
 
Top