DEX EU trading power with Craigendarroch Lodges HGVC ownership

[yodaDaenerys]

i'm considering a resale purchase(s) in scotland. i'm currently an MAX (sadly) HGVC owner.

when considering the possibility of purchasing 2x 1Br units vs. purchasing a single 2Br unit, which would have more favorable trading options in DEX EU? i understand getting specific weeks is important too.

 

[CalGalTraveler]

Depends where u want to go. What resorts interest you? What do you need? 1 bdrm or 2?

 

[yodaDaenerys]

Depends where u want to go. What resorts interest you? What do you need? 1 bdrm or 2?

i don't have a clear understanding of 'where' is available via DEX EU. i'm not yet a member.

we like to cook in, if possible, but usually just the two of us, so small is fine.

a once in a lifetime 'big'trip to europe' with the entire family might also happen this decade.

i'm also interested in the canada embarc locations. not sure if craig ownership would open that up?

 

[GT75]

2x 1Br units vs. purchasing a single 2Br unit, which would have more favorable trading options in DEX EU?

Like @CalGalTraveler said, it depends on what you would normally want to book. I have a 3BR platinum season Craig which equals tier 6 DEX exchange. 2BR Criag platinum season is also tier 6. Honestly, what I would like is a 1BR platinum season tier 4. That would be best for me. Look at the tier charts on where you want to go and also Craig tier chart (EU, second pdf. Sorry, I couldn't attach it here because it was too big).

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips (1) Hilton Grand Vacations Club (HGVC) 2024 Club Rules & Fees & Resorts Club Point Charts and Open Season Rates - Post #2 2022, 2023 and 2024 Fee Change Comparison - Post #3 2022 and 2023 and 2024 Open Season Rate Change Comparison - Post #12...

tugbbs.com

 

[yodaDaenerys]

Like @CalGalTraveler said, it depends on what you would normally want to book. I have a 3BR platinum season Craig which equals tier 6 DEX exchange. 2BR Criag platinum season is also tier 6. Honestly, what I would like is a 1BR platinum season tier 4. That would be best for me. Look at the tier charts on where you want to go and also Craig tier chart (EU, second pdf. Sorry, I couldn't attach it here because it was too big).

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips (1) Hilton Grand Vacations Club (HGVC) 2024 Club Rules & Fees & Resorts Club Point Charts and Open Season Rates - Post #2 2022, 2023 and 2024 Fee Change Comparison - Post #3 2022 and 2023 and 2024 Open Season Rate Change Comparison - Post #12...

tugbbs.com

another owner there said the same thing - go for 1Br.

is there any cost savings to do (2x) 1Br at the same time, compared to 1 now, and another later?

i understand closing costs are much lower, since it's not a deed.

 

[GT75]

is there any cost savings to do (2x) 1Br at the same time, compared to 1 now, and another later?

Negotiate with the onsite HGVC resale rep.

 

[HuskerATL]

is there any cost savings to do (2x) 1Br at the same time, compared to 1 now, and another later?

You can try. I bought three at one time. They were 1900, 1900, and 1800 then I offered 1500 for all three and they accepted it. These three were Hilton owned versus owner owned so I think on those, there is more flexibility. With owner owned, Andrew will present it to them and they will decide. If they don't want to pay MF in 2025, then they may be willing to wiggle.

 

[HuskerATL]

The guide is here, https://tugbbs.com/forums/threads/depositing-craig-lodges-and-other-hgvc-weeks-into-dex.364062/ , in the first post.

Look through it at the properties, unit types, and seasons that you would use the most. That should guide what you want to use. From there, you can decide what makes sense to buy. I would not buy a Tier 6 unit to trade for Tier 4 units and when I look through DEX, there are a lot of Tier 4 or below, for instance a 2 bed premier unit at Sandestin is a Tier 4 but a 2 bed OV unit at Cabo Azul is a tier 6. Now if you plan to stay in a lot of studios or maybe 1 bed, then maybe using a Tier 6 exchange for two 2 tier units isn't a bad idea since you get the 2 for 1 deal but if you plan to stay in tier 3 or 4 most, then I would get a Tier 4 unit.

To me there are multiple things to look at, cost (I can dump a 2k pound unit easier than a 4k pound unit), I can pay the upgrade fee from a Tier 4 to a Tier 6 for the few times that I would need a Tier 6..and, by the way, when you calculate the price of your week + the exchange fee + the upgrade fee, it is still pretty cheap for a Tier 6 unit but if you plan on using a Tier 6 unit often, then I would get a Tier 6. The 2 Bed plat units have a better MF/pt than a 1 bed plat.

Here are a few DEX examples, the number on the right is the Tier:

Nothing higher than Tier 4 at Sandestin:

When I search Portugal, nothing higher than a Tier 4:

 

[yodaDaenerys]

@HuskerATL thx for the detailed info, i need to take a closer look and then decide what to put offers on at Craig!

 

[HuskerATL]

Also, in DEX, it is more than DRI, HVC, and Embarc. You can see the list of partner properties at the bottom of each search and the number of entries for the each search are listed. In this example from above, it shows that there are 1,444 available weeks for Kaanapali between now and two years from now.

 

[CalGalTraveler]

You cannot go wrong with any size Craig as long as it is platinum. It really depends on where you want to trade and how much you want to spend to buy-in:

1 bdrm Plat best for low entry point and low absolute MF. Best for Tier 1, 4 and 5 exchanges. Not as good for HGVC points - only 7680 - so higher MF/pt but lower buy-in.

Tier 4 can be split into two Tier 1s: @HuskerATL can tell you where Tier 1s are as I am not sure. Probably low-season studios.

Tiers 4 are Sandestin, Portugal and KBC, Cabo Azul resort view, smaller units. If you regularly want a larger unit, Ocean view or Front you need a 5 or 6 for KBC and Cabo Azul and should get a Tier 6 Craig 2 or 3 bdrm.

2 bdrm Plat gives you the best flexibility. Best for Tier 6, 2, and 5 exchanges.

• What you lose for a Tier 5 exchange from greater MF is about a wash today with a Tier 4 + Tier Upgrade fee. However you have locked in the Tier 5 upgrade fee difference because there is no Tier upgrade fee from a Tier 6. Upgrading fees on Tiers could increase in the future.
• 2 Bdrm is also good for HGVC 11,200.

This is why 2 Bdrms give the most flexibility.

Tier 6s can be split into Tier 1 or 2. This is like a lockoff in MVC/Vistana terminology. Resorts that have 1 and 2 bdrm Tier 2s include Embarc Panorama (winter ski/summer), Embarc Palm Desert, Modern Honolulu (mountain view), plus several resorts in Europe in studio and 1 bdrm category.

Tiers 5 and 6 are Cabo Azul, and Kaanapali Beach Club.

3 Bdrm plat Good for Tiers 2 and 6. Best for HGVC points MF/pt. Highest cost to buy-in

Craig has currency risk so you need to factor that into your equation. But little in terms of weather related disasters.


You can also gain access to DEX in several other ways:

1) Gulf Coast Affiliates. But that is Florida real estate which IMO has risks of insurance and reserve assessments.
2) Buy or pick up free a resale DRI deed. This could be a great option with reasonable MF.
3) Pick up free trust points. MF are expensive but if you only plan to own a few years then Free may be better ROI.

One thing I really like about DEX is that you can see inventory by week. RCI and II is 20 questions and an ongoing search to see if anything is available.