HGVC Elite status via resale - tis possible
There are a few
exceptions to being able to buy into HGVC via "resales" and also being able to reap the benefits of HGVC/HHonors Elite status. I know this since I was able to do less than 2 years ago (unless they have clamped down even harder now). Here is what one would need to do to get into HGVC with > 14k points and claim HGVC Elite status:
1. Pick your resort wisely, since wherever you purchase the first one from (at a low cost) is where you must purchase the second one from as well. Before you decide (and purchase your first unit, make sure the Affiliate has an agreement with HGVC for certain "open seasons" to convert regular affiliate weeks into HGVC points weeks. I did my research and decided on the affiliate long before I made the initial EBay purchase.
2. Purchase a high points value HGVC affiliate from Tug2 classifieds or an Ebay auction with reasonable maintenance rates. For me, I found a fixed 2BR Plus week at the affiliate resort that "potentially" was worth 8400 points in HGVC. I picked it up for $500 + CC via an EBay auction. Then wait and wait and wait for the title to be transferred and resort to be notified of the new ownership.
3. Once you own a high-value unit at an affiliate, contact the resort directly (again) and ask them about buying a resale unit (direct!) that they are facilitating for a distressed owner that wants to get out of ownership. Since I already owned a unit worth 8400 points, I was looking for something worth at least 5400 points. Let the affiliate sales personnel know you want a unit worth N HGVC points (N = whatever you need to get to at least 14k HGVC points annually, and that you want to purchase and convert both units into HGVC as apart of the deal. For me, I found a "gently used" 1BR Plus week that was worth 6,200 points and was eligible for HGVC membership. Since I purchased the second unit direct from the affiliate sales/developer, they were able to take my 8400 point unit and the newly acquired 6200 point unit and convert BOTH units into HGVC at the same time for the same fee during the conversion "open season". Now of course I didn't get the 6200 point unit for $500 like I did on EBay - no, that one set me back almost $10k, incl. closing costs, transfer fees, etc.
Once it was done, I had Elite status with HGVC and now Gold Elite with HHonors each year as well and 14,600 Club Points annually for relatively low maintenance fees (compared to NY or HI) and am recognized at all HGVC resorts as an "Elite HGVC Owner". I visited my "home resort" this past summer via HGVC points and was quite happy with my purchase, and I also get local owner benefits for last minute deals, etc. I think it was a pretty good deal for a total investment just under $11k.
Now if I could just figure out how to get into NYC on a reservation of > 44 days w/o having to buy there...