Is $0.17 a good Price Per Point for HGVC on the Resale market?

[TravellingCub]

Hi all

New to HGVC resale - I'm interested in a few of the "free" contracts (seller pays all fees and activations), however trying to work out if $0.18 is a good price per point for them? Really struggling to find an answer / a good understanding / foundation of what is a good average PPP.

Apologies if it has already been asked - new here, but lurked for a long time.

 

[HuskerATL]

not for me. We gave away one of ours that was about 0.15 because it was getting too expensive but it depends on the property. Some are willing to pay a higher MF/pt for a high demand location, like OO, Valdoro, etc, because they want the HW and they use it each year but for just cheap points to use across the system, that is high and I would pass.

 

[TravellingCub]

not for me. We gave away one of ours that was about 0.15 because it was getting too expensive but it depends on the property. Some are willing to pay a higher MF/pt for a high demand location, like OO, Valdoro, etc, because they want the HW and they use it each year but for just cheap points to use across the system, that is high and I would pass.

Thanks for the reply.

These are at Grand Waikikian & Hokulani Waikiki.

 

[HuskerATL]

Thanks for the reply.

These are at Grand Waikikian & Hokulani Waikiki.

I guess that you would need to decide is the cost worth it to you because you would regularly use them. As an example, many folks are willing to pay more for the NYC bHC properties because they regularly use them, want an earlier booking window, and owner lounge access but you have to use it to be worth it.

 

[Jamlam2025]

I'd say there is a premium to owning in hawaii. There are deeds that are less MF/point but you'd have to shell out thousands for them.

 

[Zenichiro]

You can find 11,200-point deeds in Vegas for well under .18, like under $5,000 all in pretty easily. Hawaii is usually easy to book at the 9-month mark or less, so there’s not a huge reason to own there unless you really want a penthouse guaranteed every year. Hilton Head, SW Florida, By Hilton club, and ski weeks in UT or CO are probably the only spots that really make sense to own in if those matter to you. Everywhere else has been pretty easy to get into at 9 months or less, at least from what I’ve seen.

 

[GT75]

I thought that we saw several Boulevard 2BR platinum deeds on JudiK website for $2000 upfront and MFs around 0.105$/pt.

 

[Jamlam2025]

I thought that we saw several Boulevard 2BR platinum deeds on JudiK website for $2000 upfront and MFs around 0.105$/pt.

I posted that. I think there was some chatter that those were not fully paid off yet.
That 10cents/pt rule of thumb is going to be harder and harder to achieve with all this inflation - i propose it should be increased. But that's a different conversation.
When i was looking last year, there were occasion deals for boulevard gold 8000 pt annual deeds - seller pays closing. It worked out to $0.14/points. I was tempted by those one and there is definitely value in not needing as much up front $.

You can find 11,200-point deeds in Vegas for well under .18, like under $5,000 all in pretty easily. Hawaii is usually easy to book at the 9-month mark or less, so there’s not a huge reason to own there unless you really want a penthouse guaranteed every year. Hilton Head, SW Florida, By Hilton club, and ski weeks in UT or CO are probably the only spots that really make sense to own in if those matter to you. Everywhere else has been pretty easy to get into at 9 months or less, at least from what I’ve seen.

I would like to say there's a benefit to getting the 9-12 month home resort booking priority though - i would not discount it completely due to price if you're confident that resort is where you want to go all the time. I'd say those who frequent these boards are more likely to be maximizing points use. For the casual users, that 9-12 month priority can make booking less stressful.

 

[Jamlam2025]

I see that you have DVC timeshare.
Unlike DVC, note that the HGVC 12month priority is for the EXACT room type on your deed at your resort. ie. if you get a 1br Oceanview deed, the 12 month priority is for that 1br room type. The 3br/2br/1br standard view is 9months priority even if you own a 1br oceanview in the same resort.

This is just one of the difference between DVC and HGVC.

 

[geist1223]

It is true a 2 bedroom Platinum in Las Vegas will cost more than a 2 bedroom Gold. But the MF are the same and you get more Points with the Platinum.

 

[letsgobobby]

be clear if you are talking about price to buy (sales price) or ongoing annual maintenance fees.

Generally lower fees per point require higher up front prices, ie not free. Free is often though not always free for a reason.

Hawaii deeds are not the best deeds for low ongoing annual maintenance fees, though again there are a few exceptions.

 

[GT75]

I think there was some chatter that those were not fully paid off yet.

I would think that they are fully paid off. It would be easy to find out that information from JudiK before submitting a bid.

 

[Tlopez]

I would think that they are fully paid off. It would be easy to find out that information from JudiK before submitting a bid.

I'm the one that talked to Judi about these deeds. She found out that I think 8 of them were owned by the same owner, and they had a mortgage on them.

 

[GT75]

That 10cents/pt rule of thumb is going to be harder and harder to achieve with all this inflation - i propose it should be increased.

Very true.