TS % bought resale vs in Sales presentation

[raghu4yz]

Running poll to see % HGVC Timeshare that are being bought in Retail Sales vs tugs resale vs ebay resale vs redweek resale vs all others...

Retail Sales

Tugs resales

Ebay resales

Redweek resales

Other resales

 

[dioxide45]

TUG isn't your standard cross section of timeshare ownership. You will find far more here have bought resale. Thus your poll will skew heavily that direction.

 

[TUGBrian]

id imagine the VAST majority of sales for any timeshare are retail/direct.

 

[cd5]

The first one, anyway...

 

[BingoBangoBongo]

As many have pointed out in other threads, every resale at some point was sold retail. So 100% (or a very high %) of every TS are sold by the developer and a subset of that inventory ends up selling resale.

 

[raghu4yz]

Yes, of all resales, some were retail bought ($40,000 approximately) and others could be 2nd or 3rd level resales $(2,000 approximately).

And maybe 80%+ of users on tugs are resales... and looking deals and saving money on purchase, usage and offload...

And what is tugs users % are of total buyers...

... But wanted to see how many actually know about resale as an option also than retail.

 

[ljmiii]

... But wanted to see how many actually know about resale as an option also than retail.

That's easy to answer - everyone here on TUG.

If I may, I would suggest closing this thread and starting another one that asks 'Did you buy your first timeshare direct or resale?' The answer will be more informative than our guesses about percentages.

 

[brial05]

That's easy to answer - everyone here on TUG.

If I may, I would suggest closing this thread and starting another one that asks 'Did you buy your first timeshare direct or resale?' The answer will be more informative than our guesses about percentages.

Spot on, I agree.
In my case, I bought retail first, found TUG, and bought an additional resale.

 

[alwysonvac]

That's easy to answer - everyone here on TUG.

If I may, I would suggest closing this thread and starting another one that asks 'Did you buy your first timeshare direct or resale?' The answer will be more informative than our guesses about percentages.

An older TUG poll from 10 years ago (link) showed that 50% of our peers bought from the developer (see screen capture below).

Thankfully, TUG most likely saved the other remaining half .

 

[sponger76]

Running poll to see % HGVC Timeshare that are being bought in Retail Sales vs tugs resale vs ebay resale vs redweek resale vs all others...

All are sold initially as retail direct from the developer. Resales don't exist without first being retail.

 

[klpca]

Also, there was a survey done on TUG in 2022 that shows almost the same percentages about retail vs resale here.

 

[raghu4yz]

Survey has good data.. thanks

 

[raghu4yz]

With 50% resale and 50% retail, resale users are better placed to sell if needed...

 

[dioxide45]

With 50% resale and 50% retail, resale users are better placed to sell if needed...

The 50/50 split is only on TUG. In the real world it is probably more like 95% retail and 5% resale. At least with the big timeshare brands.

 

[escanoe]

Thankfully, TUG most likely saved the other remaining half .

TUG helped to inform me (the most helpful of several sources) before I purchased my first timeshare in 2018. I had been researching online for about 5 years before I bought.

TUG did not “save” me from making a developer purchase. I saw value in buying resale for my vacation/travel needs. I have not yet seen a net positive value (for me personally) in developer purchases and would not have made one in any case.

 

[TUGBrian]

always fascinated at how the same question can have COMPLETELY different answers that are all technically correct...depending on how you want to interpret the question.

doesnt even apply to timeshares either!

 

[raghu4yz]

TUG helped to inform me (the most helpful of several sources) before I purchased my first timeshare in 2018. I had been researching online for about 5 years before I bought.

TUG did not “save” me from making a developer purchase. I saw value in buying resale for my vacation/travel needs. I have not yet seen a net positive value (for me personally) in developer purchases and would not have made one in any case.

Many, say almost 95% of people don't know a lot about timeshare resales ... and generally only see retail sale presentations and buy there.

 

[escanoe]

There are the many, then there are those of us on TUG. We are educated by curiosity or by hard knocks.

I’d say there are 95% of people that don’t know a lot about timeshares PERIOD.

If you buy from a developer, there is a pretty high chance you are not educated.

The year is 2024. Who hasn’t heard of a timeshare? If the concept appeals to you, why not get on the Internet and figure them out?

The developers have intentionally made it confusing. That makes it harder than it should be. But if you want to figure it out, it takes time — but isn’t rocket science.

There is a ton of advertising from (scammy) exit companies promoting the idea developers lie, timeshares are a waste of money, and if you own one you should pay them to get out.

It stretches my imagination that as many people would impulse buy one on vacation as what do. But that is the world we live in, and people make their choices.

Many, say almost 95% of people don't know a lot about timeshare resales ... and generally only see retail sale presentations and buy there.

 

[pedro47]

I agree the first time a timeshare owner purchased a timeshare was probably retail from the developer. Remember in the beginning most timeshare were built brand new and there was no resale market or TUG. IMHO.

Now on the TUG website, I feel most Tuggers have purchased their timeshare resale ... IMHO

 

[raghu4yz]

There are the many, then there are those of us on TUG. We are educated by curiosity or by hard knocks.

I’d say there are 95% of people that don’t know a lot about timeshares PERIOD.

If you buy from a developer, there is a pretty high chance you are not educated.

The year is 2024. Who hasn’t heard of a timeshare? If the concept appeals to you, why not get on the Internet and figure them out?

The developers have intentionally made it confusing. That makes it harder than it should be. But if you want to figure it out, it takes time — but isn’t rocket science.

There is a ton of advertising from (scammy) exit companies promoting the idea developers lie, timeshares are a waste of money, and if you own one you should pay them to get out.

It stretches my imagination that as many people would impulse buy one on vacation as what do. But that is the world we live in, and people make their choices.

 

[raghu4yz]

People are already on a vacation mode and no logical thinking can happen then... when u go to developer presentation, you are already happy with holidays and want to extend it as long as possible. And unfortunately, u can't extend ur current holiday, so next best is to buy Timeshare to continue ur holidays.

 

[bnoble]

TUG did not “save” me from making a developer purchase. I saw value in buying resale for my vacation/travel needs. I have not yet seen a net positive value (for me personally) in developer purchases and would not have made one in any case.

This is my story as well. My uncle owned a couple, including a Dik unit back when those were tiger traders. He suggested that we might be good candidates and recommended TUG as one of several places to explore the possibilities.

Surprisingly, I am considering a developer purchase--one that can't really be replicated resale because of the way the system treats resales at my intended home resort. It's not a "smart" decision, but it will be a fun one, and money is for spending.

 

[dioxide45]

Surprisingly, I am considering a developer purchase--one that can't really be replicated resale because of the way the system treats resales at my intended home resort. It's not a "smart" decision, but it will be a fun one, and money is for spending.

OMG, you're buying a Westgate? Or perhaps it's Vidanta...

 

[bnoble]

Disney's Riviera. Resales are locked to only that resort.

I think it will be a nice way to augment my exchanges into the system.

 

[brp]

Disney's Riviera. Resales are locked to only that resort.

I think it will be a nice way to augment my exchanges into the system.

For DVC, in general, it can make sense to buy developer. For small point additions, in particular, the reduced transaction costs can make up for the price difference since DVC holds value quite well, as opposed to most other timeshares.

Cheers.