Looking to get hgvc points

[raghu4yz]

I see it is confusing the more u spend time and get things cleared here... with tugs help. And this is way better to spend time analyze than getting stuck with Timeshare and unable to offload

 

[GT75]

I see it is confusing the more u spend time and get things cleared here... with tugs help. And this is way better to spend time analyze than getting stuck with Timeshare and unable to offload

Yes, exactly.

 

[GT75]

Where can I see similar chart for Tuscany village in Orlando.

Look at the attachments to this post.

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips

2024 HGVC, HCNY, HGV Max Club Rules, Fees and Tips (1) Hilton Grand Vacations Club (HGVC) 2024 Club Rules & Fees & Resorts Club Point Charts and Open Season Rates - Post #2 2022, 2023 and 2024 Fee Change Comparison - Post #3 2022 and 2023 and 2024 Open Season Rate Change Comparison - Post #12...

tugbbs.com

 

[GT75]

I would suggest that you first research before purchasing a TS. IMO, HGVC is a very good TS system that treats its resale owners well. But, if you purchase the wrong deed, then you will be very dissatisfied. You also need to figure out what is actually possible vs. what a TS salesperson led you to believe during a sales presentation.

 

[TolmiePeak]

When u say pay for the Timeshare, how much are we talking...
Say 5,000 points at Ocean Enclave, Myrtle Beach by hgvc

I just picked up a 11,200 point platinum contract at Elara for $4,125. 2024 maintenance fees were $986. About the same as your 3,840 point contract and I get triple the points. Sure I had to pay $4,125 for it (plus transfer fees) but the breakeven period is only a few years. Plus I will be able to dump this contract pretty easily if I don't want it.

 

[4TimeAway]

I see it is confusing

There are also sites like SFX Resorts that might allow you to get a feel for deals like II, RCI, etc. for an easy to exit and low/no cost.

Note: there are others, AFV Club, Realtors have some kind of deal, etc. just wanting you to be able to get an idea of what its actually like.


Best of luck.

It doesn't get easier and you evolve in the TS Game.

 

[4TimeAway]

I just picked up a 11,200 point platinum contract at Elara for $4,125. 2024 maintenance fees were $986. About the same as your 3,840 point contract and I get triple the points. Sure I had to pay $4,125 for it (plus transfer fees) but the breakeven period is only a few years. Plus I will be able to dump this contract pretty easily if I don't want it.

ROFR.net alos shows what others have been able to get... really shows you the game.

This is better deal than the ones I've bought. I just prefer not FL and not Vegas.

 

[alwysonvac]

Timeshares are not for everyone. Make sure it makes sense for you and your family.
See the following questions below from the "New to Timesharing Forum" (link).
Good Luck and Welcome to TUG .

Here are some questions you can answer to focus your timeshare wants/needs.

Suggestion - copy the questions below, and start a new thread entitled "My Survey" or "What should I buy?," or something similar, and answer the questions in a NEW thread.

1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

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?

3) What are your 5 top trade destinations?

4) How many people do you usually travel with - total, including yourself?

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

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

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

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

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

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?

11) Are you a detail oriented planner?

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?

 

[alwysonvac]

Also in sales presentation, we were told about RCI... if we dont have enough points...
And we can pay cash to get extra week stays at other resorts. How does that work? And how do we book extra RCI stays? And what is cost?

Regarding your question about RCI....

Yes, you'll have access to stays via RCI with a HGVC ownership however it shouldn't be one of the major reasons to purchase HGVC. The sales folks fail to mention that inventory will vary and the additional fees.

1. RCI Exchanges allow you to exchange into RCI member resorts using your HGVC points (see link below for more details)
2. RCI Extra Vacations allows you to use cash for stays at RCI member resorts (see link below for more details)
3. RCI Last Call provides low cost cash deals (under $400/week) but it's mostly leftovers (a subset of the least desirable weeks in RCI) (see quote below for more details)

Best RCI Option through HGVC Membership

Anyone have a great RCI experience and want to share their favorite RCI vacation? I know that booking RCI isn’t the best way to use points, but I’m curious if there are any RCI options that are worth it?

tugbbs.com

You have to take what they tell you with a grain of salt. The sales team will say whatever it takes to make a sale.

Last Call is a subset of leftover inventory that is made available 45 days before check-in at a discount. The number of rooms will vary based on availability.
I won't expect to find a high demand week at a high demand resort (such as high demand weeks at ski resorts or high demand weeks at beachfront resorts).
NOTE: Only a subset of RCI resorts are available via Last Call.

For example, here's the number of resorts currently available Extra Vacation vs Last Call over similar timeframes.

​

Here's an example: This resort in Massanutten, VA has 20 weeks available in various size via Last Call. Here's an example of the 3-bedroom week.

​

 

[heitmullerj02]

I purchased resale on eBay, cost was $100 but closing was high $1500. Also HGVC imposes an activation fee of $600 plus, 1x plus club dues, 219.00 That said it was the best money I ever spent and will keep this one as long as I can get there (CA). So I still feel I got a deal. Have traded for FL, HI and enjoyed it every time. I could never afford a second home in Carlsbad, but a week there is great.

 

[raghu4yz]

Please forget about this idea. You were sold an idea that can work, but usually doesn't.

I would NOT buy in Florida due to special assessments and overcapacity.


You need to start with how you want to use a timeshare. Then look at what is possible. 99% of these "free" timeshares are not a good deal. They are terrible.

You'll do it your way and I'm sure you'll make it work, but really I don't think you understand the complexity of the timeshare game enough to buy yet. That's just my jaded advice.

If not free to, what is the next best option to buy hgvc

I purchased resale on eBay, cost was $100 but closing was high $1500. Also HGVC imposes an activation fee of $600 plus, 1x plus club dues, 219.00 That said it was the best money I ever spent and will keep this one as long as I can get there (CA). So I still feel I got a deal. Have traded for FL, HI and enjoyed it every time. I could never afford a second home in Carlsbad, but a week there is great.

And how much MF? Which resort and how many points?

 

[Chris-ATX]

One thing I'm always thinking about: how do I get out from the Deed when I'm done with it?

If someone is giving away a deed and also paying all closing costs. what does this mean to you when you want to be done with it? What will it take /you/ to get it off your hands when you are ready to sell? Pay now. Pay later. Regardless, you are paying something.

 

[Chris-ATX]

I purchased resale on eBay, cost was $100 but closing was high $1500. Also HGVC imposes an activation fee of $600 plus, 1x plus club dues, 219.00 That said it was the best money I ever spent and will keep this one as long as I can get there (CA). So I still feel I got a deal. Have traded for FL, HI and enjoyed it every time. I could never afford a second home in Carlsbad, but a week there is great.

I've looked at the EBAY listings. They, like some of the brokers, have high Buyer closing costs. But, as you point out, if you can get the deed for the right price, it works out.

 

[raghu4yz]

Please forget about this idea. You were sold an idea that can work, but usually doesn't.

I would NOT buy in Florida due to special assessments and overcapacity.


You need to start with how you want to use a timeshare. Then look at what is possible. 99% of these "free" timeshares are not a good deal. They are terrible.

You'll do it your way and I'm sure you'll make it work, but really I don't think you understand the complexity of the timeshare game enough to buy yet. That's just my jaded advice.

If not free to, what is the next best option to buy hgvc

I purchased resale on eBay, cost was $100 but closing was high $1500. Also HGVC imposes an activation fee of $600 plus, 1x plus club dues, 219.00 That said it was the best money I ever spent and will keep this one as long as I can get there (CA). So I still feel I got a deal. Have traded for FL, HI and enjoyed it every time. I could never afford a second home in Carlsbad, but a week there is great.

And how much MF? Which resort and how many points

One thing I'm always thinking about: how do I get out from the Deed when I'm done with it?

If someone is giving away a deed and also paying all closing costs. what does this mean to you when you want to be done with it? What will it take /you/ to get it off your hands when you are ready to sell? Pay now. Pay later. Regardless, you are paying something.

Yes, it is definitely something we have to consider.
But we want to use vacations for few years before offloading...
It should be something similar i guess if tugs is still available then... list on tugs and find a Buyer.

But resale is lot better than buy in Hilton sales presentation at 50k.

Is there a way to rent out our points or stay to others when we don't use?

 

[GT75]

Is there a way to rent out our points or stay to others when we don't use?

You can not rent or transfer points. Per the HGVC rules you are only allowed to rent your Home Week.

 

[letsgobobby]

One thing I'm always thinking about: how do I get out from the Deed when I'm done with it?

If someone is giving away a deed and also paying all closing costs. what does this mean to you when you want to be done with it? What will it take /you/ to get it off your hands when you are ready to sell? Pay now. Pay later. Regardless, you are paying something.

this is something i am always aware of. i only buy platinum deeds for this reason and/or deeds i intend to use at the home resort (NYC) or home weeks. No one can predict what the market will be in 10-25 years but starting with something that is literally worthless does not bode well.

I am confident I can sell my deeds or at the worst will have no trouble giving them away.

 

[Chris-ATX]

this is something i am always aware of. i only buy platinum deeds for this reason and/or deeds i intend to use at the home resort (NYC) or home weeks. No one can predict what the market will be in 10-25 years but starting with something that is literally worthless does not bode well.

I am confident I can sell my deeds or at the worst will have no trouble giving them away.

This is my view as well - my assumption is I can give my deeds away when I'm done. I'm confident I'll have an exit and if I get even $1, then I'm ahead of expectations.

 

[BingoBangoBongo]

this is something i am always aware of. i only buy platinum deeds for this reason and/or deeds i intend to use at the home resort (NYC) or home weeks. No one can predict what the market will be in 10-25 years but starting with something that is literally worthless does not bode well.

I am confident I can sell my deeds or at the worst will have no trouble giving them away.

Very similar mindset. You can do very well if you understand the short term and long term math involved in a TS. Over the past 4 years I (+family and friends traveling with us at times) have booked 168 room nights from Studios to 3BR's and I am averaging $119 per night. The lowest I have paid is $17.35/night for a Studio at Seaworld in January 2023 and the most I have paid was $197/night for a 1BR Ocean Front at Ocean Enclave last month. I may have paid more upfront than some buying/getting for free Gold deeds, but I feel in the long run I am better off with lower MF's and likely able to sell/give away my deeds very easily.

 

[4TimeAway]

This is my view as well - my assumption is I can give my deeds away when I'm done. I'm confident I'll have an exit and if I get even $1, then I'm ahead of expectations.

This is how I look at it also.

Spend a couple thousand dollars on a 2 bedroom platimum week that should have some value in the future. Treat the cost as sunk cost. This is about $40,000 cheaper than Retail and really don't mind losing it. Also the interest cost savings (return) on that $40,000 at 5% pays the MFs. So it really is not a huge issue depending how you look at it.

I also like the MF cost/ stay with HGVC when you have descent deed. Note: I'm closer to $0.15/pt than the recommended $0.10/pt, but feel the value is worth it to me. I mean for 2 weeks I'm out and extra $1,000. The game then becomes using GPX to get a low cost stay somewhere or RCI to make some offset to "feel" even better. In the sceme of 2 vacations at nice resorts.... This is immaterial to my happiness with HGVC. YMMV.