Marriott points owner with a few questions about HGVC point purchasing and ownership.

[sdp1969]

Hello,

I am looking at buying either Marriott or HGVC points from the secondary market. I am pretty familiar with Marriotts point system but not as much with the Hilton system so I wanted to post a few questions here regarding HGVC points.

1.With Marriott, if I only have 1000 points and want to go to a resort that costs 3000 points then I can easily go to https://vacationpointexchange.com/ and rent Marriott points from other owners who have excess points to make up the difference. Because of this, I only need to buy enough points to get into the Marriott system and have the ability to buy just what I need each year. Does the HGVC allow the rental of points between owners this way? If not is there any other way of getting points only as you need them once I am in the system? I ask as I am considering a HGVC purchase but also need to figure out how many I should buy. Obviously I would prefer to buy the minimum and just rent from other HGVC owners as I need them like I do with Marriott.

2. Also, exchanging Marriott points towards non resort items (ie flights and cruises) is not cost efficient and you may end of paying more than if you bought it outright. Does the same hold true with HGVC points?

3. When it comes to HGVC points, are they all equal? So are 12,000 HGCV points equal to another 12,000 HGVC points? I ask as it seems that the cost and maintenance fees are very inconsistent at times and I thought that could be due to some kind of a different ranking/value of points in the same way weeks are designated as bronze, gold and platinum.

4. Marriott charges 3$ per point above the sellers price to transfer point ownership and give full rights to them. So a 1000 point purchase for $2000 turns out to be $5000 total cost with Marriott. I expect some fees of course but does HGVC have any exorbitant costs like this when buying or selling points?

5. For anyone who own both Marriott and HGVC point systems...do you have any specific positive or negative points that would set one above the other. Seems like HGVC has a much bigger presence in Europe and Japan but Marriott has more results. I have also read that Hilton is more friendly to buyers from the secondary market.

6.Are there any honest and helpful Hilton brokers you can suggest that could help me make the best decision from me and not their profit margins?

Thank you all very much for your help!

Steven

 

[dayooper]

Hello,

I am looking at buying either Marriott or HGVC points from the secondary market. I am pretty familiar with Marriotts point system but not as much with the Hilton system so I wanted to post a few questions here regarding HGVC points.

1.With Marriott, if I only have 1000 points and want to go to a resort that costs 3000 points then I can easily go to https://vacationpointexchange.com/ and rent Marriott points from other owners who have excess points to make up the difference. Because of this, I only need to buy enough points to get into the Marriott system and have the ability to buy just what I need each year. Does the HGVC allow the rental of points between owners this way? If not is there any other way of getting points only as you need them once I am in the system? I ask as I am considering a HGVC purchase but also need to figure out how many I should buy. Obviously I would prefer to buy the minimum and just rent from other HGVC owners as I need them like I do with Marriott.

2. Also, exchanging Marriott points towards non resort items (ie flights and cruises) is not cost efficient and you may end of paying more than if you bought it outright. Does the same hold true with HGVC points?

3. When it comes to HGVC points, are they all equal? So are 12,000 HGCV points equal to another 12,000 HGVC points? I ask as it seems that the cost and maintenance fees are very inconsistent at times and I thought that could be due to some kind of a different ranking/value of points in the same way weeks are designated as bronze, gold and platinum.

4. Marriott charges 3$ per point above the sellers price to transfer point ownership and give full rights to them. So a 1000 point purchase for $2000 turns out to be $5000 total cost with Marriott. I expect some fees of course but does HGVC have any exorbitant costs like this when buying or selling points?

5. For anyone who own both Marriott and HGVC point systems...do you have any specific positive or negative points that would set one above the other. Seems like HGVC has a much bigger presence in Europe and Japan but Marriott has more results. I have also read that Hilton is more friendly to buyers from the secondary market.

6.Are there any honest and helpful Hilton brokers you can suggest that could help me make the best decision from me and not their profit margins?

Thank you all very much for your help!

Steven

1. No, there is no way to rent points within the rules.

2. Yes, using points toward no resort items is a poor use of said points.

3. Points are points. 10000 platinum points can get you the same reservations as 10000 gold or silver points. The only difference is the amount you purchase them for and, most importantly, how much the MF’s cost. There are certain resorts that have better MF ratios (The Boulevard, Paradise and certain deeds at Elara and Flamingo have decent MF ratios. I have 2 platinum 2 bedroom weeks at Boulevard and Flamingo and I paid under $2700 in club dues and MF’s.

4. Roughly $1300 in Hilton fees and then deed prep. LT Transfers is roughly $400. This is just an estimate and the cost may be different, but it’s close. If you buy from Craigendarroch Lodges, the fees are much lower and the MF’s are pretty good as well.

5. I only own HGVC.

6. Judi Kozlowski has a good rep. I bought my 2 from Redweek (their service was pretty rough) and Facebook HGVC resale group.

HGVC is a great system to own in if you like the resort locations. It’s relatively inexpensive to buy resale and they treat all of their owners very well. The MF’s are still relatively low. Good Luck!