TulareGuy559
TUG Member
- Joined
- May 11, 2022
- Messages
- 5
- Reaction score
- 1
- Points
- 63
Hello, first time post and still learning about timeshares! I grew up timesharing with my parents and am finally at that stage with life and family that I'd like to start to develop a portfolio of my own. That said, I'm trying to get a good understanding of what I'm buying, the rules, and the don'ts.
I'm looking at picking up a HGVC Kings Land on resale. I am not current a member of HGV, so I understand I need to consider the club costs in my purchase, which seems like around $200 right now.
I'm trying to wrap my head around their points system. I understand the 60% inflation adjustment with the Diamond acquisition, hence the differences in "new" vs "old" points. I also understand the point values when it comes to which resorts I can book. I also understand the MF benefit of getting platinum vs gold for the same sized unit.
What is confusing me is how point values intersect with what you purchase as your "home" resort. Looking at the resales for instance, I fine seemingly like Kings Land properties - 2bd/2bth, platinum week. However, the point values for each of those units may different - in some cases significantly. Taking the most obvious extremes, one is 8,400 points annually whereas another is 20,160. When I reference the current Kings Land point charts from TUG (https://tugbbs.com/forums/threads/h...liated-information.254931/page-2#post-1998228) it is apparent that the 8,400 point may not get me a 2bd/2bth platinum unit at Kings Land. Are the point values only applicable when trying to book elsewhere in the HGV system or would I need to book less than a week at the resort based on the point values?
I am too old school in my thinking on a 2bd/2bth unit for a week should equal that, but I realize in point-based systems that isn't the case. Would the answer to the question above differ in a deeded week at Kings Land?
Thanks!
I'm looking at picking up a HGVC Kings Land on resale. I am not current a member of HGV, so I understand I need to consider the club costs in my purchase, which seems like around $200 right now.
I'm trying to wrap my head around their points system. I understand the 60% inflation adjustment with the Diamond acquisition, hence the differences in "new" vs "old" points. I also understand the point values when it comes to which resorts I can book. I also understand the MF benefit of getting platinum vs gold for the same sized unit.
What is confusing me is how point values intersect with what you purchase as your "home" resort. Looking at the resales for instance, I fine seemingly like Kings Land properties - 2bd/2bth, platinum week. However, the point values for each of those units may different - in some cases significantly. Taking the most obvious extremes, one is 8,400 points annually whereas another is 20,160. When I reference the current Kings Land point charts from TUG (https://tugbbs.com/forums/threads/h...liated-information.254931/page-2#post-1998228) it is apparent that the 8,400 point may not get me a 2bd/2bth platinum unit at Kings Land. Are the point values only applicable when trying to book elsewhere in the HGV system or would I need to book less than a week at the resort based on the point values?
I am too old school in my thinking on a 2bd/2bth unit for a week should equal that, but I realize in point-based systems that isn't the case. Would the answer to the question above differ in a deeded week at Kings Land?
Thanks!