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HGVC resalea

I guess I am wondering why anyone would purchase Golf?
 
jlg said:
I guess I am wondering why anyone would purchase Golf?
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Gold is cheaper to buy in - for direct and typically for resale as well. Gold and Platinum for the same location and same unit size have the same MF. Platinum has more points at the same MF. This is due to the fact that the point values are based on staying in that unit for that season for a week. And Platinum costs (and gives) more points. So the MF/point is lower for Platinum.

I did buy a Gold resale. It was so cheap that it was about 20 years to make up the MF/point difference versus a likely Platinum price. Of course, I could have shopped around and tried for a really cheap Platinum, and maybe found one.

Cheers.
 
jlg said:
What are the differences between Platinum and Gold?
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they are just seasons in HGVC.

For example, here is The Quin. As you can see for a Studio Plus during Platinum season, you get 11,520 points. The same unit in Gold season gets 8,160 but here is the kicker. MFs are based on unit type, not season so an owner who owns a Studio Plus during Gold season pays the same amount each year as the Platinum owner but the Platinum owner gets 3,360 more points. This is why the MF/pt calculation is so important when thinking about buying a week. Your MF/pt, as a Platinum season Studio Plus owner is $2,235/11520 = 0.19 (different than what is shown above) but a Gold owner is $2,235/8160 = 0.27. So, you can see how much worse it is to be a Gold season owner compared to a platinum season owner for the same unit type at the same property.

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Oh! I understand now, thank you so much for this thorough explanation. 💜
 
Do platinum members have priority over booking days? Or is it the same for platinum or gold
 
jlg said:
Do platinum members have priority over booking days? Or is it the same for platinum or gold
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Same. It is just the season. If you own in a platinum season then you can use your Homeweek during platinum season not gold and vice versa.
 
HuskerATL said:
Same. It is just the season. If you own in a platinum season then you can use your Homeweek during platinum season not gold and vice versa.
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Okay, good to know
 
WaikikiFirst said:
I stopped readin the thread but did anyone ever ask the OP what the Point of Maintaining this goal is?
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Yes, it has been made clear. Thanks for asking.

Cheers.
 
jlg said:
Okay, good to know
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Thank you all for your knowledgeable responses, it was a huge help and very much appreciated.
 
jlg said:
Oh! So adding points via a resale is not so simple if I do not want to increase our MF. Thank you all so much.
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why would you believe you get more points without paying an associated MF? That make no sense.
 
Sandy VDH said:
why would you believe you get more points without paying an associated MF? That make no sense.
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My guess is that’s what a salesman told them. If they have a high MF deed, they can trade that in for more points on lower MF deed. That would be 1 deed with more points and similar MF’s.

They fail to mention that they will be spending at least $20k (probably much more) and you can get the same for a fraction of the cost with resale. That even includes keeping the original deed and the higher MF ratio. The break even point on most of the trade ins for better MF’s is at least 15 years if used correctly every time. Since HGVC has had a habit lately of changing up and devaluing certain perks, it will be hard the say that those Max perks will last that long.
 
dayooper said:
My guess is that’s what a salesman told them. If they have a high MF deed, they can trade that in for more points on lower MF deed. That would be 1 deed with more points and similar MF’s.

They fail to mention that they will be spending at least $20k (probably much more) and you can get the same for a fraction of the cost with resale. That even includes keeping the original deed and the higher MF ratio. The break even point on most of the trade ins for better MF’s is at least 15 years if used correctly every time. Since HGVC has had a habit lately of changing up and devaluing certain perks, it will be hard the say that those Max perks will last that long.
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Yes, that is what the salesman said. He actually said that all Hilton members pay the same MF no matter how many points they own, so we are not getting the value unless we buy more points. I thought this was odd so I came to this forum. And yes, we would have had to pay an additional $27,000 for the extra points which equates to 3 days a year.
 
jlg said:
Yes, that is what the salesman said. He actually said that all Hilton members pay the same MF no matter how many points they own, so we are not getting the value unless we buy more points. I thought this was odd so I came to this forum. And yes, we would have had to pay an additional $27,000 for the extra points which equates to 3 days a year.
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When I checked the MF ratio it was the same for the new purchase, which we said no to.
 
jlg said:
13,920 Gold at the Quinn....we have 11,520 Platinum at the Quinn
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They were having trade in your platinum studio plus to a gold studio premiere plus? If this is correct, they wanted you to pay $27k to purchase a deed that would net you ~2400 more points. The MF is technically the same (0.1% higher with the gold deed). You were smart not to purchase that. Your MF’s would have been ~$500 higher.

Just as a reference, we gave 2 Vegas deeds for a total of 22,400 points. We paid $2472 for our MF’s. I understand they don’t have the booking rights that the Quinn deeds have but you can get NY resales that do have the booking window and can be had for great prices.
 
dayooper said:
They were having trade in your platinum studio plus to a gold studio premiere plus? If this is correct, they wanted you to pay $27k to purchase a deed that would net you ~2400 more points. The MF is technically the same (0.1% higher with the gold deed). You were smart not to purchase that. Your MF’s would have been ~$500 higher.

Just as a reference, we gave 2 Vegas deeds for a total of 22,400 points. We paid $2472 for our MF’s. I understand they don’t have the booking rights that the Quinn deeds have but you can get NY resales that do have the booking window and can be had for great prices.
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Thank you very much. I don't trust them and this analysis makes sense. I truly appreciate it.
 
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