Check my HRC purchase plan

[Mongoose]

reaistically, what’s the cheapest to get a diamond week? $13k? If you can get a gold weeks for 3k each, that’s a LONG time for the annual fees to be anywhere close to the higher purchase price. 2 gold weeks seems smart.

You should be able to get Diamond for less than that. Suggest you contact Bill Gabrielli <billgabrielli@me.com> and tell him what you want. He's high volume for Hyatt. I purchased from him for one. You can also buy one Diamond EYOE and one Diamond EOYO for maybe $6-7K. You would have to pay any extra club fee of $193 each year which would still be substantially less than $13K.

 

[Kal]

This whole concept of "opportunity cost" suggests timeshares are an investment. Not on your life. It is prepaid vacations. If you are a believer in travel and vacations, you are going to spend $$$ either now or in the future.

If you are concerned about the value of money, then buy a quality resort/week. People are furious about Puerto Rico and concerned about hurricanes and climate change on the Florida resorts. How will those values hold over the next 10 years. One Cat 4 hit on Key West and the town is TOAST. By my arithmetic, the ROI is zip. How will Sedona do with increasing temps and water issues?? Texas? I dunno.

 

[ScoopKona]

One Cat 4 hit on Key West and the town is TOAST. By my arithmetic, the ROI is zip.

Indeed. Any time I met someone who pulled out phrases such as "the price of money" and "return on investment" on a timeshare, I knew timesharing simply isn't for them.

It's a toy. That's all it is. A fun toy that if used well, will yield decades of enjoyment.

Key West *will* be hit by a big storm. It's not a question of "if." Every Keys resident knows what the Labor Day Hurricane did to the Overseas Railroad and the town of Islamorada. Sea water floods the town these days just from normal tidal activity. It's Key West's second worst-kept secret. (Water quality being number one. And the presence of criminal activity on Duval Street -- T-shirt and perfume stores being number three.)

Buy the toy for as little as possible and enjoy it while it lasts. Any other strategy is certainly overthinking it.

 

[Kal]

Oh, what about Maui? Here's what The Eagles said:

You can leave it all behind
and sail to Lahaina
just like the missionaries did, so many years ago
They even brought a neon sign: "Jesus is coming"

 

[alameda94501]

Our family over time has strictly gone for resale Platinum/Diamond in an effort to maximize MF$/pt, but here's a 180 degree option, that proves the point that timeshares aren't investments - a free Hyatt 2bd Diamond week 7 at Hacienda Del Mar (Brand New, they just Remodeled!):

Free Hyatt Hacienda Del Mar Timeshare For Sale - FREE

Free timeshare for sale at Hyatt Hacienda Del Mar in Dorado, Puerto Rico. Pay $0 for a timeshare at Hyatt Hacienda Del Mar. 100s of free timeshares to choose from.

www.timesharenation.com

 

[travelhacker]

Just to clarify -- I was in no way stating that timeshares are any type of investment.

I do think it's always worth taking into account opportunity cost with any purchase -- whether it's a car, timeshare, vacation home, etc.

Hyatt is unique in that the spread between Diamond, Platinum, and Gold is a significantly lower percentage than other system that I'm aware of:

A few examples:
Hyatt Platinum vs Diamond is 91% of the points
Hyatt Gold vs Diamond is 85% of the points
HGVC Gold vs Platinum is 71% of the points
Vistana Gold vs Platinum is 55% of the staroptions

In any of those systems, I don't know that I'd consider buying anything but the best season.

The advice to always buy the best season is solid advice, but certain factors can make that advice not as clear cut.

For example, I'm a buy a used car type of guy so that I avoid the depreciation. Due to weird market circumstances, that isn't as clear cut now (but it probably will be good advice again in a few years).

 

[Mongoose]

Just to clarify -- I was in no way stating that timeshares are any type of investment.

I do think it's always worth taking into account opportunity cost with any purchase -- whether it's a car, timeshare, vacation home, etc.

Hyatt is unique in that the spread between Diamond, Platinum, and Gold is a significantly lower percentage than other system that I'm aware of:

A few examples:
Hyatt Platinum vs Diamond is 91% of the points
Hyatt Gold vs Diamond is 85% of the points
HGVC Gold vs Platinum is 71% of the points
Vistana Gold vs Platinum is 55% of the staroptions

In any of those systems, I don't know that I'd consider buying anything but the best season.

The advice to always buy the best season is solid advice, but certain factors can make that advice not as clear cut.

For example, I'm a buy a used car type of guy so that I avoid the depreciation. Due to weird market circumstances, that isn't as clear cut now (but it probably will be good advice again in a few years).

I understood and appreciate your point. Sometimes the week you want to own isn’t a Diamond. I wanted week 22 to align with the end of school and it’s a gold. Week 12 which is spring break in Sedona is a Platinum. Diamonds don’t always align with your needs. There are only 5 Diamond weeks in Sedona.

 

[SteveinHNL]

A couple of points of clarification. For the full week a 2 bedroom in Carmel in April is 2680 points.

Carmel 2 bedrooms are hard to get because there are just 3 units.

Gold week and diamond week owners do pay the same in maintenance fees. You will absolutely pay less per point with a diamond week.

It isn’t as clear cut when you factor in opportunity cost. If the rate you think you can earn elsewhere is 0%, it’s clear cut to get diamond, if it is anything above a few percent it isn’t as clear cut.

This is ignored in almost all posts on the subject and that’s why I specifically called it out.

KISS principle is a good point to call out here, Diamond wins hands down.

How much are the annual MFs for the 2BR in Carmel?

 

[Sapper]

How much are the annual MFs for the 2BR in Carmel?

There is a maintenance fee sticky at the top of the Hyatt page. Here’s what you are looking for: https://tugbbs.com/forums/threads/2022-hyatt-maintenance-fees.327176/post-2710615

 

[SteveinHNL]

There is a maintenance fee sticky at the top of the Hyatt page. Here’s what you are looking for: https://tugbbs.com/forums/threads/2022-hyatt-maintenance-fees.327176/post-2710615

Thank you, Sapper. I had checked that but it is only the MF for th 1BR in Carmel. Not the 2BR

 

[Sapper]

Thank you, Sapper. I had checked that but it is only the MF for th 1BR in Carmel. Not the 2BR

Ah, I missed the 2bed part. I don’t have a solid answer for you on a two bed unit, sorry.

 

[SteveinHNL]

Ah, I missed the 2bed part. I don’t have a solid answer for you on a two bed unit, sorry.

Thanks The Carmel 2BRs come with up to 2680 points sit I am trying to figure out if the increased MF is worth it.

 

[Kal]

Thank you, Sapper. I had checked that but it is only the MF for th 1BR in Carmel. Not the 2BR

I believe the Carmel 1BR is 2200 points. That might be enough to meet your goals. Windward + Carmel would get you 4400 points total.

 

[SteveinHNL]

I believe the Carmel 1BR is 2200 points. That might be enough to meet your goals. Windward + Carmel would get you 4400 points total.

I think 4400 would be a lot too. I’m not enamored of 2200 points for $2100 MF so wondering what the MF is for 2680 points is.

 

[Sapper]

Thanks The Carmel 2BRs come with up to 2680 points sit I am trying to figure out if the increased MF is worth it.

Highlands Inn has the 2 bed deluxe, which for a platinum unit equals 2950 points. That may make it more interesting for you.

http://www.bywindkal.com/Hyatt/HRCPointsChart_2017.pdf

 

[SteveinHNL]

I bought a week I will never, ever use. I won't stay there, ever. I bought a week in my home town -- I have better options if I ever return home.

That being said, I also recommend buying something you wouldn't mind using if nothing works out.

If at six-months and one day out, you come up empty, it's better to have a plan B. Plan B can always be, "deposit everything into Interval and get another year to play with the points."

If I could trade my Key West week, which I will never use for a Carmel week which I absolutely would use, I'd make that trade in a heartbeat.

Carmel weeks aren’t very expensive due (I’m guessing to high MFs). Wouldn’t you be able to sell your KW gold week and purchase a Carmel gold week for roughly the same price? Although you might be out the closing and transfer costs, that just about $1K, not a huge deal.