New purchase, should i cancel?

[letsgobobby]

I just finished the cancelation, and they were still insistent on the "cash pricing" no longer being available with resale after the merger went through.

Just trying to get fact from fiction, and uncover any deceptive sales tactics.

i literally just booked a cash rate "open season" and I am 100% resale. it's simply a lie.

 

[SmithOp]

Buying resale, you don't get the perks of buying direct. And also, you can't trade in your resale contracts for bigger contracts with Hilton. You have to just keep adding contracts if you want more points...so, yes, you can save money on the initial purchase, but if you buy multiple resale contracts, you have multiple MFs for much longer than a financed purchase of a direct contract will be, IMO.

Not entirely true, people here have reported being offered the original direct price to trade in resale contracts. The caveat is it must be an HGVC developed resort, won't work with affiliated resort contracts.

I sold one of my contracts to an HGVC sales manager, so even your sales buddies buy resale.

 

[tk25]

I’m exclusively all resale and have been offered to trade my 3 resale contracts for more expensive retail contracts by HGV. HGV will do any deal that brings them more money.

I have access to open season rates although that option is always subject to HGV and could be changed anytime but would be a little surprised if that happened.

 

[GTLINZ]

I just finished the cancelation, and they were still insistent ...

Do not talk to anyone in sales - they are desperate to keep you. Finish you recission asap! (and then buy resale after your TUG research).

 

[HaberHGV]

Not entirely true, people here have reported being offered the original direct price to trade in resale contracts. The caveat is it must be an HGVC developed resort, won't work with affiliated resort contracts.

I sold one of my contracts to an HGVC sales manager, so even your sales buddies buy resale.

I’m just relaying what I heard from my HGV rep. I specifically brought up this scenario, asked about resale contracts, and mentioned what she told me here.

 

[callwill]

I just finished the cancelation, and they were still insistent on the "cash pricing" no longer being available with resale after the merger went through.

Just trying to get fact from fiction, and uncover any deceptive sales tactics.

Stop talking to them! Do your business and move on! Talking to them will only help them codify the idea that open season should not be available to resales as a real future sales tactic.

 

[Bill4728]

I do not believe that you bought a Hilton Grand Vacation Club -HGVC TS but a Diamond Resorts TS- DRI which is now known as Hilton Vacation Club - HVC

in general the main difference between the two is
HGVC is you buy a week at a single resort and that week can be redeemed for HGVC points for use at any of the HGVC resorts
HGVC has been known as the best TS resort system for it's treatment of resale owners.

DRI (HVC) you buy points in a collection of DRI resorts and can use those points at the DRI resorts AND via "HVC max" can use them at other Hilton resorts.
DRI -HVC has been known as one of the worst TS resort system for it's treatment of resale owners.

 

[callwill]

I do not believe that you bought a Hilton Grand Vacation Club -HGVC TS but a Diamond Resorts TS- DRI which is now known as Hilton Vacation Club - HVC

in general the main difference between the two is
HGVC is you buy a week at a single resort and that week can be redeemed for HGVC points for use at any of the HGVC resorts

DRI (HVC) you buy points in a collection of DRI resorts and can use those points at the DRI resorts AND via "HVC max" can use them at other Hilton resorts

all the more reason to rescind and research!

 

[SteveinHNL]

Thank you to everyone on here. I will rescind, research, and buy resale.

I'm very thankful for all the fast and clear responses. I'm excited to get into this but in the right way.

Great decision, congratulations! I am fairly new to timeshare as well, but I have spent a lot of time on this board learning about the different systems and exactly what suits our needs best. Then bought resale, and we are really happy!!! Welcome to the resale club and wonderful world of TS!

 

[GT75]

I’m just relaying what I heard from my HGV rep.

That is a very unreliable source.

 

[Nowaker]

I just finished the cancelation, and they were still insistent on the "cash pricing" no longer being available with resale after the merger went through.

I give zero effs if Open Season (cash pricing) is taken away from me as a resale only owner. In most cases open season only makes sense to people stuck with terrible deeds like Elara Studio Gold, any Florida Studio and 1 BR, and alike where MFpp comes out very high. But to people who purchased "correct" deeds, open season typically runs more expensive than using points, and there's only a couple resort-unit type-season combinations where open season can be slightly better for folks with correct deeds. But only slightly. And I mostly have only okay deeds. Not the best ones. Average MFpp of $0.112 across all, or $0.115 if club fee is included.

 

[Nowaker]

DRI -HVC has been known as one of the worst TS resort system for it's treatment of resale owners.

* Westgate and HICV entered the chat.

 

[TheDude]

I just finished the cancelation, and they were still insistent on the "cash pricing" no longer being available with resale after the merger went through.

Just trying to get fact from fiction, and uncover any deceptive sales tactics.

I closed on my first HGVC in late October and I already used an Open Season booking.

 

[SmithOp]

I’m exclusively all resale and have been offered to trade my 3 resale contracts for more expensive retail contracts by HGV. HGV will do any deal that brings them more money.

I have access to open season rates although that option is always subject to HGV and could be changed anytime but would be a little surprised if that happened.

Well it won't happen this year, the new 2023 Rules documents were just posted and no mention of resale restrictions for Open Season.

HGVC only owners are now called HGVC Legacy members.

 

[letsgobobby]

I give zero effs if Open Season (cash pricing) is taken away from me as a resale only owner. In most cases open season only makes sense to people stuck with terrible deeds like Elara Studio Gold, any Florida Studio and 1 BR, and alike where MFpp comes out very high. But to people who purchased "correct" deeds, open season typically runs more expensive than using points, and there's only a couple resort-unit type-season combinations where open season can be slightly better for folks with correct deeds. But only slightly. And I mostly have only okay deeds. Not the best ones. Average MFpp of $0.112 across all, or $0.115 if club fee is included.

i appreciate your deep dive in all things HGVC but this post is a broad overgeneralization and not true in many cases. I can find lots of good uses for OS because I want to prserve my points for difficult to book points reservations in my home week window or at the nine month mark,or I just want to reserve for 2 nights instead of 3, etc.

we are going to Vegas on short notice for 2 nights and OS is the perfect solution and about half the price Or less of comparable lodging I can find on booking.com.

 

[HuskerATL]

i appreciate your deep dive in all things HGVC but this post is a broad overgeneralization and not true in many cases. I can find lots of good uses for OS because I want to prserve my points for difficult to book points reservations in my home week window or at the nine month mark,or I just want to reserve for 2 nights instead of 3, etc.

we are going to Vegas on short notice for 2 nights and OS is the perfect solution and about half the price Or less of comparable lodging I can find on booking.com.

Also to add, if you are Elite Premier, then you get a 30% discount on OS so you can get some good deals.

 

[chapjim]

It does sound like something that a HGV salesperson would say.

I'm trying to figure out what his last sentence means. He has dazzle and confuse down pat!

 

[HaberHGV]

I was thinking the same thing. New profile with that response.

If this forum is basically an echo chamber and any other opinion that isn’t “resale is the best thing ever” isn’t welcomed- then what’s the point?

From what folks are saying on here regarding HGV, one would think HGV is filled with nothing but con artists and scammers- so why do you even join it to begin with?

I’ve been with HGV - as an owner - for a few years. I’ve had numerous meetings, phone calls, email exchanges with them about nearly every aspect of the program. When I was giving my info earlier- it wasn’t because I’m a masquerading salesman- it’s cause that’s what I was told.

 

[dayooper]

1. If this forum is basically an echo chamber and any other opinion that isn’t “resale is the best thing ever” isn’t welcomed- then what’s the point?

2. From what folks are saying on here regarding HGV, one would think HGV is filled with nothing but con artists and scammers- so why do you even join it to begin with?

3. I’ve been with HGV - as an owner - for a few years. I’ve had numerous meetings, phone calls, email exchanges with them about nearly every aspect of the program. When I was giving my info earlier- it wasn’t because I’m a masquerading salesman- it’s cause that’s what I was told.

1. There have been many a discussions on here about resale vs developer and there have been some instances where developer bought very well could be better than resale. In my humble opinion, the cost of a developer bought week isn’t just worth it, at least for my family. Any opinion has the option of being discussed and many times the person bringing up developer bought is just echoing lies and half truths perpetuated by salesman. That brings me to point number 2

2. I have been on record as saying that HGVC is a great product, especially when bought resale. Their CSR team is generally very good. They are helpful and respectful. The non-sales staff at every resort I’ve been has been excellent. They are responsive and do a fantastic job. I avoid the sales team at all costs. I don’t go on sales presentations no matter what they offer. Just in the past year, these selling points have been reported as being said by salesman:

1. HGVC would be going to an all points trust with MF’s in the $0.25 per point range (gotta buy now to lock in the low MF’s and deeded product).
2. Certain locations were coming into the fold. Everything from Boston and San Francisco to 3 locations in Chicago.
3. Adding certain resorts to Max, even creating a flyer stating that certain resorts were going to be available in Max by a certain date (that date has come and gone by over a half a year).
4. Very soon resale will be limited to only the resort bought. That’s a tale as old as HGVC has had resale.
5. That DRI owners will no longer have any access to any rebranded resorts. The only way to get access to what they have already purchased) is to buy more. In many cases, the cost is very prohibitive, even in excess of $100,000
6. The amount to purchase HGVC to get access to Max is never straight. Anywhere from $7000 to $25000 in points/deeds is required to purchase into the exchange program. How are we supposed to know?
7. Just recently, someone reported tgey were told by a sales team that Craigendarroch is leaving the system. They are not.
8. Claiming that points can be saved for 3 years to entice a person to purchase a small, useless deed planning on saving up to take larger vacations. They failed to say the 3 years was 1 year HGVC and 2 years in RCI.

Sales may not be scammers, but many do not tell the truth in their sales discussion.

3. I welcome any different take as my humble opinion is that, just what I think. I’m not an HGVC expert, but I know what I use of the system and how to get the best out of what I own. I don’t appreciate new members that come in parrot what sales tells them as gospel. When they repeat the misinformation that the sales team says, they will be corrected (as they should be).

 

[Nowaker]

If this forum is basically an echo chamber and any other opinion that isn’t “resale is the best thing ever” isn’t welcomed- then what’s the point?

It's not an echo chamber. It's very fact based. Other opinions are welcome, but expect them to be struck down with facts.

It's your money, so do whatever. Nobody cares if you spend $50K on HGVC, or $6K on resale HGVC. You'll still get valuable information on how to maximize your HGVC ownership.

From what folks are saying on here regarding HGV, one would think HGV is filled with nothing but con artists and scammers- so why do you even join it to begin with?

HGVC sales are filled with nothing but con artists and scammers. 100%. That said, HGVC operations and individual resort HOAs are not. And that's what matters.

you can't trade in your resale contracts for bigger contracts with Hilton. You have to just keep adding contracts if you want more points

Oh yeah? If this isn't a trade-in offer of my resale Elara deed to a larger point retail Elara deed, what is this exactly? I received this offer last week on owner's update at Kings' Land.

You can see how blatant that lie was. Do you still think TUG is an echo chamber? Or maybe, just maybe, you'll recognize salespeople have a vested interest in making sales, while TUGers don't care either way, and we're selflessly helping each other at extending or reducing our HGVC ownerships, or maximizing our existing HGVC ownerships.

 

[GT75]

I’ve been with HGV - as an owner - for a few years. I’ve had numerous meetings, phone calls, email exchanges with them about nearly every aspect of the program. When I was giving my info earlier- it wasn’t because I’m a masquerading salesman- it’s cause that’s what I was told.

So based on your experience with HGV sales, has everything you been told been 100% true? Have you ever been misled, or just not corrected in any misconceptions during these owners' (a.k.a sales) meetings? Have you ever wondered why they call them an owner's update when in fact they are a sales meeting?

btw, TUGers are not an echo chamber, but we do correct any misconceptions. I expect others to correct any of my misstatements/misunderstandings because that will lead to me maximizing my HGVC ownership.

 

[HaberHGV]

I’m fine with being corrected and show other info- before seeing factual sheet info as posted above, it was one person’s word vs another and because mine didn’t go along with everyone else’s I was told I was a salesman in disguise - that’s why I asked if this was an echo chamber. Thank you for the info- despite the lack of bedside manner in making a new member feel welcome, it is informative.

 

[Mongoose]

It's not an echo chamber. It's very fact based. Other opinions are welcome, but expect them to be struck down with facts.

It's your money, so do whatever. Nobody cares if you spend $50K on HGVC, or $6K on resale HGVC. You'll still get valuable information on how to maximize your HGVC ownership.



HGVC sales are filled with nothing but con artists and scammers. 100%. That said, HGVC operations and individual resort HOAs are not. And that's what matters.



Oh yeah? If this isn't a trade-in offer of my resale Elara deed to a larger point retail Elara deed, what is this exactly? I received this offer last week on owner's update at Kings' Land.

View attachment 71199

You can see how blatant that lie was. Do you still think TUG is an echo chamber? Or maybe, just maybe, you'll recognize salespeople have a vested interest in making sales, while TUGers don't care either way, and we're selflessly helping each other at extending or reducing our HGVC ownerships, or maximizing our existing HGVC ownerships.

Got to love how the math magically resolves to a balance of $25,000.

 

[dayooper]

I’m fine with being corrected and show other info- before seeing factual sheet info as posted above, it was one person’s word vs another and because mine didn’t go along with everyone else’s I was told I was a salesman in disguise - that’s why I asked if this was an echo chamber. Thank you for the info- despite the lack of bedside manner in making a new member feel welcome, it is informative.

Unfortunately, we have had at least one salesman come on here and, at first did not identify themselves as a salesman. We have also had many shills from various sectors of the timeshare sector trying to influence members. One even identified a member by their handle that actively outed shills in a blog post proclaiming the virtues of their “business.” It is a learned behavior to be wary of any new member that comes in with guns blazing.

 

[bnoble]

[Nevermind. I was being snarky.]