• 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 26 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
  • TUG started 27 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 has now saved timeshare owners more than $15,000,000 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 $14 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!

Did we screw up?

sguerra1118

Guest
Joined
Aug 5, 2016
Messages
1
Reaction score
0
Points
0
Location
Miami, FL
My wife and I just bought at Seaworld...$12,000 for 3500 bi-annual points. 7000 bonus point. After reading what I am seeing here I feel like we got had. Is there an easy way to upgrade to a package that gets yearly points or buy in somehow?

Thanks in advance!
 

Passepartout

TUG Review Crew: Veteran
TUG Member
Joined
Feb 10, 2007
Messages
23,572
Reaction score
9,209
Points
799
Location
Twin Falls, Eye-Duh-Hoe
Rescind if you are within the allowable time frame, then buy resale.
 

vacationtime1

Tug Review Crew: Rookie
TUG Member
Joined
Sep 7, 2006
Messages
4,000
Reaction score
1,463
Points
399
Location
San Francisco
Resorts Owned
WKORV-OF (Maui)
WKV x3 (Scottsdale)
When did you buy?

Time is of the essence. You can save a whole lot of money if you act in time.
 

AwayWeGo

TUG Review Crew: Expert
TUG Member
Joined
Jun 6, 2005
Messages
15,237
Reaction score
933
Points
499
Location
McLean (Fairfax County), Virginia, USA.
Resorts Owned
Grandview At Las Vegas

[triennial - points]
Act Fast -- Get Out Of It While You Still Can !

Full-freight timeshares sold by timeshare companies are a notorious bad deal.

Rescind quick, before the cooling off period is over -- a matter of a few days at most.

After that, take your time & buy a nice resale (previously owned) timeshare.

Get the same thing as full freight, or the equivalent, or something even better, for thousands less than the timeshare companies sell'm for.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​
 

GM600

TUG Member
Joined
May 30, 2016
Messages
78
Reaction score
15
Points
68
Location
Florida
Resorts Owned
HGVC Seaworld (Orlando)
HGVC on the Boulevard (Las Vegas)
Marriott’s Grande Vista
You should have 10 days to rescind your contract. Follow the instructions in the contract and send the letter asap.

Then you can research what you really want to buy. The package that you bought is probably worth less than $1,000 if you could even find someone to buy it. It's the lowest 2 bedroom package that they offer at that property. Yet the maintenance fees will be about $1,000/yr for that property.

You can find 7,000 point contracts in the resale market, which will get you a 2 bedroom in high season, for about $7,000 or less at that property. And the maintenance fee will be the same as the package you purchased.
 
Last edited:

bogey21

TUG Member
Joined
Jun 8, 2005
Messages
8,383
Reaction score
3,292
Points
499
Location
Fort Worth, Texas
If you are still within the Recind Period, recind. Follow the instructions precisely. For example if it says to use US Mail, use US Mail not FedEx, not email, etc. Don't call. It will do no good and just subject you to another hard sell.

George
 

presley

TUG Review Crew: Expert
TUG Member
Joined
Aug 20, 2011
Messages
6,142
Reaction score
885
Points
298
You didn't get "had" you paid the normal price from HGVC. To them, it is a good deal. If you can cancel your contract, do that right away. Then, you can easily buy the same thing on the resale market for around $1,000. Or, you may decide to buy something different that will be more useful to you.
 

csxjohn

TUG Review Crew: Veteran
TUG Member
Joined
Apr 25, 2012
Messages
6,523
Reaction score
113
Points
248
Location
North East Ohio
Resorts Owned
Tropic Shores, 2br X 3, Bluegreen Pts.

Talent312

Tug Review Crew: Rookie
TUG Member
Joined
Jul 4, 2007
Messages
14,454
Reaction score
4,392
Points
548
Resorts Owned
HGVC & GTS
If you are outside the rescission period, you don't want to be stuck with this dog. You need to upgrade. Once those bonus points are gone, you'll be left with a points-poor package.

As I see it, you have three upgrade options:
1 - Ask HGVC to take it back... They'll offer pennies on the dollar. You'll lose your shirt, but then you can buy another TS, resale.

2 - Attend a presentation or contact Sales about exchanging... They'll offer to take-it-back for what you paid in exchange for a new retail purchase from them. You'll pay thru the nose for the new one, but some of us here have done that.

3 - Use a reputable HGVC broker to buy and sell, like Seth Nock (www.sellingtimeshares.net) or Judi Kozlowski (www.judikoz.com). Your TS will be difficult to unload, but they'll work with you on it.

Make that four options (ref: MontyPython):
In addition to the three options above, you could keep what you have and buy another E-O-Y unit to fill in blank years. You'd have two MF's, but only one per year. One of the above brokers can help you buy the other unit, resale.
.
 
Last edited:

Jason245

TUG Review Crew: Expert
TUG Member
Joined
Jul 14, 2014
Messages
1,892
Reaction score
109
Points
173
My wife and I just bought at Seaworld...$12,000 for 3500 bi-annual points. 7000 bonus point. After reading what I am seeing here I feel like we got had. Is there an easy way to upgrade to a package that gets yearly points or buy in somehow?

Thanks in advance!
Congratulations, you just saved yourself 12k by finding this site.



Sent from my SAMSUNG-SM-N910A using Tapatalk
 

Talent312

Tug Review Crew: Rookie
TUG Member
Joined
Jul 4, 2007
Messages
14,454
Reaction score
4,392
Points
548
Resorts Owned
HGVC & GTS
Congratulations, you just saved yourself 12k by finding this site.
Not necessarily... We don't know if he's within the rescission period.
He asked about upgrading... which to me, suggests he may be stuck.
.
 
Top