(A) They sold me 1bd room Imperial Jungle Aqua 2bath--------- 1wk + 2 paramount weeks,
(B)-2 vida weeks, 1 bonus week, -----free membership to sfx
(C) free membership to club freedom for a year then reup every year for $495, and 20 years of $3000 cruise ship certificates for $28,000. The last part with the cruise certificates actually got me. Figured it was $60000 value so how could I go wrong......
First of all I would suggest, like everyone else has - that you carefully review what you bought during your 5 day window.
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I have edited your post into A-B-C sections
What you bought is a standard current contract-for what is now the entry level full TS product [ Imperial Jungle Aqua] sold by Vida Sales
if you rescind and negotiate with member services - you would likely get some $ reduction and /or some added feature addendums.
[FYI -
@Soliani Di Vito said he payed $ 23,000 for a 2 bedroom Imperial Jungle Aqua in Jan. 2022. I believe studio /master room -hotel room size units
are $ 12,000 range.]
Vidanta Imperial Jungle Aqua -Jan 22 2022
[Please note- exit packages are also sold by the 2nd/3rd/4th team member you see from Vida Sales. For less upfront money - they offer you access through a gatekeeper partner( SFX - various brand names of Arrivia etc) with no Right to Use registered component , and typically will gain you off season booking periods from May to October.]
Exit packages through Vida Sales seem to be sold for between $ 3K and $ 9K . Here is a relatively recent thread on one,
Limitless Vacations - April 2021
Imperial Jungle Aqua is a future build Vidanta brand. It will currently get you a Mayan Palace - Bliss or Sea Garden unit.
The Nuevo Vallarta future build location ** is suggested to be on the Jalisco side of the Ameca River near the beach.
Section (A) - this is your direct RTU contract with Vidanta that includes a registered component.I believe it will be the following or similar.
1) one week for 10 year + 2 weeks for 100 years. ( ie) you have 3 weeks for the first 10 years.[ registered / alternate use + paramount weeks]
2)The 2 weeks require a renewal payment at 20 years ,based on the MF / Usage Fee at the 20 year point
3)You can book 6 months ahead for the 10 year registered week and alternate year weeks ; and can book into the following winter / snow bird season .
(ie) July 1-2022 you can book any Jan 2023 week and Aug 1 2022 you can book any Feb 2023 week etc./ using the 6 month booking window.
4) The Paramount weeks can be booked 6 months ahead - except for Nov 15 - March 15 usage - when they can be booked 4 months ahead.
5)There is no MF unless a week is booked. The 2022 MF/ usage fee is likely $ 1050 range for a 1 bedroom & studios are likely about $ 800. I believe 2 bedrooms are at least $ 1400.
This is what you are buying from Vida Sales, that comes directly from Vidanta.
50 weeks for $ 28,000 = $ 560 prepaid per week . Use is optional for $ 1050 extra per week (to start / probably to rise yearly at a minimum of USA CPI rate.)
Bonus Week
If it is a one time bonus week the deal is - buy 50 and get 1 free = save $ 1050 .but remember it doesn't cost that much operationally, to give you a free unit for a week
However : there are good operational reasons to offer a " come for free the next time" week. A percentage of buyers , spend the money and do not come back the following year
( me - see my post 26
Vidanta Imperial Jungle Aqua) Remember -Vidanta "Hotel Side" runs resorts that they wish to have high occupancy with happy vacationers..Their best customers are repeat owners who love to vacation at one of their resorts
IMO -.Vidanta uses the money you pay for the contract to continue to build and expand.This business model works for them ,since they build in pesos and collect usage fees in $ USD .
It does however(currently) mean that there is good availability in non peak / non-snowbird seasons, This room availability is used for the various gatekeeper " non registered week access" programs (often termed Privilege Weeks) that are sold as exit packages by Vida Sales ; and also allows the standard exchange access through various external exchange companies. The standard exchanges have an added Vidanta resort fee.
Vidanta is privately owned by the founder & his family..
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Section B
Vida Weeks - SFX
SFX is an exchange company to other non Vidanta locations as well as a gatekeeper that allows you to get extra weeks at Vidanta, when available , without an added exchanger resort fee.Extra weeks at Vidanta will be available and are probably termed Privilege Weeks or similar ,and these weeks are more likely to be able to be booked between May and November TUG members that use SFX find it best to call and speak to on of their staff for best results as not all options are listed on the SFX website.
SFX has worked with Vidanta for more than 15 years.
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Section C
Club Freedom and Cruise certificates.
These products are through a company called Arrivia - previously know as ICE - International Cruise and Excursions.
This company has done programs with Vidanta for many years including running the Vida Bucks program.
It may also offer additional value for resort access elsewhere and cruises , but it is not core to your purchase.
Also if you are prepaying $3000 towards a cruise - what is the total cost per cruise and how much is $ 3 K going to cover of a cruise cost in 20 years.
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Other information / other programs
- Vida Sales also includes a package called - The Hawaii Collection in higher cost / Deluxe Brand Contracts - this is from HSI (Holiday Systems International / another
mid size exchange company that also works with developers on custom branded products) HSI has worked with Vidanta for at least a dozen years.
Vida Sales also adds the Third Home Exchange -for Deluxe, and Estates Brand contracts .
Third Home is a newer exchange company that focuses on premium market segments and in addition to premium TS resorts, offers listings of high end vacation properties
listed by Third Home members.
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** future build of Imperial Jungle Aqua-Nuevo Vallarta.
.
Vidanta's two biggest locations are Nuevo Vallarta and Riviera Maya.
While different , both offer similar building / brand offerings -except for the entry level.
Riviera Maya has many Mayan Palace buildings and a Bliss ( Bliss =Mayan Palace footprint / different furnishings)
In Nuevo Vallarta there is 1 Mayan Palace building with 100 units / all the other Mayan Palace buildings were torn down 10+ years ago -to allow for space to build Grand Luxxe
MP-NV = 100 two bedroom lockoff units, or 100 one bedroom + 100 studio / hotel rooms.
NV also has a 200 unit Sea Garden down the beach and there are the Puerto Vallarta -Marina - two MP buildings that total about l 200 units.
The following is based on the above existing information; but is informed by my conjectured opinions.
The emerging opening of The Parks at Vidanta World has IMO pushed forward the need to build additional entry level product at Vidanta Nuevo Vallarta
The Mexican National market will significantly contribute to The Parks revenue stream. This will be especially true from Easter /mid April to December .
IMO - some Imperial Jungle Aqua buildings will be built on the other side of the Ameca River close to the beach
IMO - some / many Riviera Maya MP buildings will be converted to Imperial Jungle Aqua via new furnishings and a new brand name.
This also has the added benefit of giving Vida Sales a tool to use on "legacy" Mayan Palace owners
- to scare them via the old " you won't be able to book your vacation weeks" upsell
PS -[I have no idea on the build / location strategy for Grand Imperial Jungle Aqua]