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HGVC, another VC, or nothing at all?

olevelo

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We don't own any timeshares and have only recently become interested. I've read tons on here and elsewhere but haven't found all of the answers (or current in some cases) so hoping I'll get a better idea by posting.

I accepted an offer for a cheap trip to Vegas from Hilton after they called me for the 5th time since we go there a few times a year anyway. The 2.5 sales pitch in the middle of our Saturday afternoon was annoying, but it was worth getting 3 nights at the Trump over Labor Day weekend for $150!! Anyway, there were a lot of intriguing points, but I knew from a small amount of research several months ago that I could get a much better deal through resale. My wife was less than interested before the presentation, and hated the presentation more than I did, but also was turned around slightly by seeing the potential value!

We do not vacation in the same place every year and have no real desire to, so I don't think a traditional timeshare is right for us. Some years we take a week or two, sometimes only one or only small 2-3 day trips. We do like the idea of owning something giving us incentive to travel more though. We currently live in Southern California, but I'm military so have the potential to move around. That may be changing very soon though so it's hard to say. While here we go to Vegas frequently, as well as other places all around California. When we lived in Florida (which is a potential move as well) we travelled all over Florida as well. My wife loooves Disney so we seem to go about once every other year at whichever Disney is closest (we also used to live in Japan so Tokyo Disney was also a destination!). In addition my wife is British so we go to England once every 18-24 months and try to take a European vacation with that. One intriguing thing that the salesman told us was we could rent cottages in England through the program, but I can't really find any other info about something like that.

So as you can see, flexibility is very key for us. It's also rare that we decide on a trip 9-12 months out so I'm afraid that may be an issue. We both travel for work so that can make long term planning difficult. We would like to have a good two weeks of time: one week for a long trip, and another week to split up into 3-4 short trips. The option of single nights would be really nice as we like to do a lot of weekend trips. The HGVC open season seemed ideal but i think you have to do 2 nights for that?

I haven't found a very good comparison of HGVC versus Marriott vs Starwood etc. Would buying directly into RCI be a better option? Or just renting on an as-needed basis? We also have the option of Armed Forces Vacation Club, which seems like a pretty good deal, but it's mostly only good for 7 day trips either really far out, or really short notice!

Sorry about the long post. I'll also include the "what should I buy" info in case I missed anything above.

1) Where do you want your home resort to be?

Right now Vegas is good because we go there the most.

2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?

If it's 7 days during the same week, we'd probably trade nearly every time. Especially in Vegas. 4 days is all we can handle!

3) What are your 5 top trade destinations?

Hawaii, Caribbean, Orlando, Pacific Islands, pretty much everywhere!

4) How many people do you usually travel with?

Just the two of us for now.

5) Can you travel any time, or are you locked into the school schedule?

Anytime. Work restrictions vary.

6) Can you make firm plans 12 or more mos. in advance?

Not usually!

7) Can you vacation for a full week at a time?

We can and sometimes do.

8) What level of accommodations do you prefer on a scale of 1 to 5 stars?

5 if we can get it! Usually go with 3-4 though based on budget. The potential Hilton accommodations are one enticing thing.

9) How much can you afford to spend upfront, without financing?

Prefer to keep it super cheap, under 3k, but could do 5-10k for the right deal. Could go much higher if needed but it doesn't seem it would be necessary.

10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?

Again, lower the better but 1k is pretty easy. Could go higher if there were real value.

11) Are you a detail oriented planner?

Yes

12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?

Yes
 

Ty1on

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Different systems have different regional strengths, so not knowing your geographic future makes it very difficult for you to choose the right system.

AFVC is a marketing skin for Wyndham's Extra Vacations, so I would surmise that if you own anything at all that gets you into RCI membership, you will have the same inventory via Extra Vacations through RCI or AFVC, though I'm not sure whether pricing is vastly different.
 

Jason245

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Given your inability to make firm plans months in advance it might be hard to book high demand low supply locations. That being said Vegas and Orlando are usually pretty doable within a month or so.

Given your uncertainty and instability of location, I would probably recommend that you rent for a while before buying anything.

Sent from my SAMSUNG-SM-N910A using Tapatalk
 

olevelo

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Yeah, the lack of planning ability is the biggest issue. I don't see how anyone can plan that far in advance though?! I've always been kind of spur-of-the-moment and nomadic though! That's why initially HGVC sounded nice...just more limited than I hoped. :(

Is it possible to just become a member of RCI and have a bunch of points, or is that like a yearly buy thing instead of perpetual? Which program gives the most flexibility in number of places you can go?
 

WinniWoman

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Innseason Pollard Brook
I don't think you should buy anything. Continue to rent.
 

Talent312

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HGVC & GTS
If you want to join RCI, you need to own an underlying TS in a resort with an RCI affiliation.

With HGVC: (1) your RCI membership is automatic (part of your club dues), (2) HGVC pulls anything available (both points & weeks), (3) and you do not need to deposit anything in advance (points are deducted from your HGVC account when booking is confirmed). Also, HGVC participates in both RCI's "Last Call" and it's own "Open Season" (30 days or less) cash rental program.

However, HGVC is an expensive program with high annual MF's. There are many cheaper TS's out there which provide entry into RCI. The Wyndham system might better fit your profile.
.
 

taterhed

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Virginia
Resorts Owned
Westin WKORV OFD
Marriott's Grande Vista
Worldmark x2
SVV Bella 81k
These are my humble opinions; others with agree or dissent. Study hard and buy wise--my overall advice.
It's a renters market right now... lots to rent. Most people like to rent weeks though....not so easy to get days on rentals. I too suggest renting at Marriott, HGVC and maybe a slightly lower tier property (many Wyndham's are 1/2 step down or more, some are equal+) to see what fits your style.

Orlando, Vegas and various UK locations are not hard to get with any decent trader. If you're flexible and willing to accept a little risk (late reservations), you can get good stuff. HGVC is an expensive trader unless you're booking HGVC properties--with limited locations. A Marriott desert lock-off might be good; two for the price of one, close to home, but at a price. Worldmark might be good for you on the west coast. Cheap, easy to trade and lots of flexibility. Mostly west coast. Trades in II (higher end) and RCI (more selection and world properties). Somewhat of a learning curve to use.

As to the rest of your questions:

1) Where do you want your home resort to be?
Right now Vegas is good because we go there the most.
Vegas is cheap and easy to buy/own/rent/trade. Good for HGVC, RCI, Marriott.

2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?
If it's 7 days during the same week, we'd probably trade nearly every time. Especially in Vegas. 4 days is all we can handle!
The mantra of TS is "buy where you want to stay..." but many do buy for trading. If you can use Vegas--great. If there is somewhere else you'd use more, then consider that locale. Vegas is a good trader for most.

3) What are your 5 top trade destinations?
Hawaii, Caribbean, Orlando, Pacific Islands, pretty much everywhere!
Everywhere means exchange. So, that needs a decent trader. Pacific Islands; Some Wyndham, Worldmark and Marriott. Pretty good pickins in the trade world. Europe is HGVC affiliates, exchanges, Marriott.

4) How many people do you usually travel with?
Just the two of us for now.
Great. stretches the old points/lock-off to make a studio or 1br doable. no kids means more options.

5) Can you travel any time, or are you locked into the school schedule?
Anytime. Work restrictions vary.
Super, this makes trading easy and reduces the requirement for a 'super-trader' or 'fixed-week summer' TS to accommodate kids. As long as YOU are willing to travel in shoulder seasons (off the school-holiday schedule).

6) Can you make firm plans 12 or more mos. in advance?
Not usually!
As former MIL, I'm with you. This is a problem with TS. Cheap airfares exist at 90 days, 6 mos or 12 mos (usually?). Short notice airfare to Fiji? Fa-gett-about-it. If you have a plan to travel to the TS on short notice (space-a or mil airfare or drive???) then you're good. Just something to think about.

7) Can you vacation for a full week at a time?
We can and sometimes do.
Great. Weeks are easy. If you can accept less, you could benefit from points vs weeks. Weekends (Fri-Sun) are expensive on points.

8) What level of accommodations do you prefer on a scale of 1 to 5 stars?
5 if we can get it! Usually go with 3-4 though based on budget. The potential Hilton accommodations are one enticing thing.
Typically, HGVC, Marriott, Hyatt, Westin are the 4-5* resorts. Some Wyndham's/WM are right there too. Most others (Wyndham, WM, Sheraton, RCI...) are 3* and below. Very subjective--exceptions to the rule. With great timeshares (5*) or great locations (islands) come great maintenance fees $$$$.

9) How much can you afford to spend upfront, without financing?
Prefer to keep it super cheap, under 3k, but could do 5-10k for the right deal. Could go much higher if needed but it doesn't seem it would be necessary.
For the hotel-chain resorts, you're looking at $3k+ for a 1bdr. Probably a better value at the $5k level. HGVC is around $1 a point--so 5000 ($5K) is about right. Other lower points systems (WM, Wyndham, RCI) could get you a descent investment for a little less (say $3k or under?). If you want to play the 'what can I get for a dollar game...' you could pick-up an RCI points trader for under $1k and play the 60 days or less trade game. Not a great way to start this process though. IMHO

10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?
Again, lower the better but 1k is pretty easy. Could go higher if there were real value.
The hotel-chains are going to be $1200-1800. More if you go island. The others? $700-$1200. Depends on what you pick.

11) Are you a detail oriented planner?
Yes
Good, because short notice vaca's trading and exchanging take a lot of time and attention--as do short-notice points rentals out of home resort.

12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?
Yes
Some are, some aren't. The free ones are free for a reason. Assume anything you buy will be worthless when you sell/give back/give away. That way, you won't be shocked if it is worth bupkis.
 

Jason245

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Yeah, the lack of planning ability is the biggest issue. I don't see how anyone can plan that far in advance though?! I've always been kind of spur-of-the-moment and nomadic though! That's why initially HGVC sounded nice...just more limited than I hoped. :(

Is it possible to just become a member of RCI and have a bunch of points, or is that like a yearly buy thing instead of perpetual? Which program gives the most flexibility in number of places you can go?

RCI has the same limitation as HGVC. High demand locations = need to book months (or sometimes years) in advance.

Unfortunatly, you don't fit the ideal profile for owning a timeshare at this time. My suggestion is to hold off until a lifechange occurs that gives you the ability/necessity to plan travel months in advance. Until then, rent resorts from multiple systems looking for something you may want to buy into in the future.

Remember that it takes seconds to buy a timeshare and can take months or years to get rid of one.

Given your current vacation habits, your best deals might come from the last minute rental forum where you can find resort rentals at $100 a night or less from fellow tugers.
 

taterhed

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Westin WKORV OFD
Marriott's Grande Vista
Worldmark x2
SVV Bella 81k
Is it possible to just become a member of RCI and have a bunch of points, or is that like a yearly buy thing instead of perpetual? Which program gives the most flexibility in number of places you can go?

Yup. Grandview (in Las Vegas), Rayburn Country Club in Texas and Parkway in Florida, are common RCI points properties (low MF/points ratio)

RCI can be good, but not all RCI properties are 3* and up. Just sayin. Short notice trades can be challenging for high-demand locations obviously.
 

olevelo

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Thanks for the advice/comments. I really want a TS to be a good option but just can't seem to justify it well enough! I'll have to look at the Wyndham and Marriott a little more to get a better understanding. Back on the RCI question, for places like Grandview, Rayburn, etc., are those independent TS that get you access to the RCI system or are they part of another system?
 
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