• 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!

Good price for HGVC South Beach?

Terpy

TUG Member
Joined
Jan 2, 2006
Messages
38
Reaction score
0
Points
6
Location
Silver Spring, Maryland
I just bought from the developer a 1 BDR Gold at HGVC (3400 points) for $14,490 with 14,000 bonus points.

I normally buy resale, but the 14,000 bonus points caught my eye. They convert at 25 to 1 to HHonors points so that should be 350,000 HHonors points or two weeks in a cat 6 Hilton. I'm guesstimating the bonus points are $3500.

Is this a good deal? Did I analyze it correctly? Or should I rescind and give up on the bonus points?

Thanks in advance,

Terpy
 

UWSurfer

Tug Review Crew: Rookie
TUG Member
Joined
Feb 10, 2007
Messages
2,417
Reaction score
5
Points
248
Location
Los Angeles
Ouch! Rescind!!!

Gold season points go for around $1 - $1.25 resale...sometimes less.

Bonus points have limitations on their use and I'm not certain they convert to HHonors.

You can do MUCH better on the resale market.

Rescind.
 

linsj

TUG Review Crew: Veteran
TUG Member
Joined
Aug 20, 2006
Messages
1,937
Reaction score
222
Points
273
Location
Chicagoland
Resorts Owned
HGVC
Bonus points do convert to hhonors points. (This is new.) However, they're not worth what you're paying. Rescind and buy resale; you'll save more than enough money to buy the hotel nights.
 

Sir Newf

TUG Member
Joined
Jun 20, 2005
Messages
296
Reaction score
1
Points
16
This may not be a bad deal.
If you plan on Europe Cat 6 with the HH points then this may be valuable. Crunch the HH point numbers required vs. nightly rate on the particular Hilton hotels where you plan on staying and you"ll see the real value, and be sure to examine the 'Going Global' lower HH point useage to further strech your points...The Waldorf Astoria collection does not take the "Going Global" just HH points per night.... :)
 

Talent312

Tug Review Crew: Rookie
TUG Member
Joined
Jul 4, 2007
Messages
14,473
Reaction score
4,406
Points
548
Resorts Owned
HGVC & GTS
Those bonus/HH points could be worth what, ~$3K, maybe? They'll soon be gone, and then guess what? You'll be left w-a TS for which you still paid Too Much.
 
Top