• 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 is asking for recent reviews of older resorts, earn a free year membership!

    Read more here
  • TUG has now saved timeshare owners more than $18,000,000 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 $18 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!

Good Deal or Not

angelc

TUG Member
Joined
Mar 2, 2008
Messages
14
Reaction score
0
Points
1
Location
Charlotte NC
I received a call from HGVC and they are offering me South Beach 2 BR Gold 5,000 points + 10,000 bonus points for $ 13,490 + closing cost, that,s buying my South Beach 3,400 points.

Good Deal yes or no? :shrug:
 

Steve

Moderator
Joined
Jun 19, 2004
Messages
2,393
Reaction score
3
Points
548
Location
Utah
Just say no.

Horrible deal.

Steve
 

Talent312

Tug Review Crew: Rookie
TUG Member
Joined
Jul 4, 2007
Messages
15,736
Reaction score
5,515
Points
798
Resorts Owned
HGVC & GTS
Just say, "No."

One of these days, they'll find a way around this by inserting a fine-print or fast-talk clause which says:
"Your use of the phrase 'not interested' or 'not at this time' or 'no', shall be construed to mean, 'yes, I want the most expensive unit for the least number of points available and you may charge any open CC account listed in my credit report'."
 

jestme

Guest
Joined
May 30, 2008
Messages
777
Reaction score
46
Points
188
Location
Ontario, Canada
I received a call from HGVC and they are offering me South Beach 2 BR Gold 5,000 points + 10,000 bonus points for $ 13,490 + closing cost, that,s buying my South Beach 3,400 points.

Good Deal yes or no? :shrug:
$13,400+ for 1600 points more? That' is 8.35 a point for gold points, in Florida! Way too much money, or something is wrong. Did that include the buyback price for the 3400 points you already own?
 

alwysonvac

TUG Lifetime Member
Joined
Sep 11, 2005
Messages
14,364
Reaction score
2,514
Points
798
I received a call from HGVC and they are offering me South Beach 2 BR Gold 5,000 points + 10,000 bonus points for $ 13,490 + closing cost, that,s buying my South Beach 3,400 points.
Good Deal yes or no? :shrug:
Bonus points are ok but you will save more overall with resale.
According to the latest Membership Guide, Bonus Points cannot be used to reserve accomodations during the Home Resort week or Club Reservation window. Bonus points cannot be transferred or assigned and cannot be borrowed or deposited into next year's account.
See page 143 of the Membership Guide for the rules regarding Bonus points - http://www.hiltongrandvacations.com/mg/

Gold points go for much less on the resale market. If you really want HGVC South Beach make an offer on the resale market
See this HGVC ROFR discussion - http://www.tugbbs.com/forums/showthread.php?t=87314&highlight=ROFR
Recommended Resale Agents - http://www.tugbbs.com/forums/showthread.php?t=88428
 

angelc

TUG Member
Joined
Mar 2, 2008
Messages
14
Reaction score
0
Points
1
Location
Charlotte NC
$13,400+ for 1600 points more? That' is 8.35 a point for gold points, in Florida! Way too much money, or something is wrong. Did that include the buyback price for the 3400 points you already own?
Yes, it is include.
 

linsj

TUG Review Crew: Veteran
TUG Member
Joined
Aug 20, 2006
Messages
2,085
Reaction score
336
Points
443
Location
Chicagoland
Resorts Owned
HGVC
Run, run, run! You can buy a LOT more than 1600 points for a LOT less than $13,490. Those bonus points are not worth that much.
 

tjorhom

TUG Member
Joined
Sep 15, 2008
Messages
47
Reaction score
0
Points
6
Location
Phoenix, Arizona
I paid $4000 for 4800 platinum points in Hawaii (bay club) that is $0.83 per point. You can do much better....
 
Top