Tacobpie
TUG Member
Hi, I am new to TUG. We are seriously considering purchasing a timeshare vacation property. After deciding that DVC wasn't right for us, we started looking at HGVC. We were just at the HGVC on Int'l Dr this weekend for a preview. I had looked at Redweek before we went to our session to see what HGVC was reselling for and was shocked at the price the developer was asking for; more than 2x the resales for the same point level. (We were looking at the 7K point level as we will be traveling during the platinum season here in FL and would like a 2/2)
Long story short, after we turned down the offer from the developer another associate came in to offer us a Vacation Introduction Program (VIP) whereby we would pay $1795 for a weeks stay at LV, Orlando or HI ($200 extra for HI). We have up to 15 months to take the vacation and if we sign up as owners during the vacation they apply what we paid for the vacation as a deposit towards ownership.
I have always wanted to visit HI and I figured $2k was a good deal to stay at HGVC for a week, so we signed up for the VIP. Especially since we are leaning heavily towards buying a resale, so the vacation would not end up being free, which is how they tout the program.
The way it works is HGVC credits 5K points into an account for us to book the vacation. We stated that we really were only interested in a 2/2 during the summer, which is platinum season. The sales agent assured us that even though they were only crediting 5K into the account that we would have no problem getting a 2/2 during the summer b/c they want us to become owners and he notated it at the top of the contract.
Here's my concern: that when we go to book this trip we are going to run into the constraints re: the 5K points as per contract regardless of what the sales person verbally tells us.
So my questions to the TUG members is, has anyone else participated in the Vacation Introduction Program? What was your experience? Were you promised anything above and beyond what the contrat stipulated? And did they deliver on those promises? I signed the contract this past Saturday and have 10 days to cancel w/o reprecussion.
Sorry if I was too long winded and Thank you in advance for your input.
Jennifer
Long story short, after we turned down the offer from the developer another associate came in to offer us a Vacation Introduction Program (VIP) whereby we would pay $1795 for a weeks stay at LV, Orlando or HI ($200 extra for HI). We have up to 15 months to take the vacation and if we sign up as owners during the vacation they apply what we paid for the vacation as a deposit towards ownership.
I have always wanted to visit HI and I figured $2k was a good deal to stay at HGVC for a week, so we signed up for the VIP. Especially since we are leaning heavily towards buying a resale, so the vacation would not end up being free, which is how they tout the program.
The way it works is HGVC credits 5K points into an account for us to book the vacation. We stated that we really were only interested in a 2/2 during the summer, which is platinum season. The sales agent assured us that even though they were only crediting 5K into the account that we would have no problem getting a 2/2 during the summer b/c they want us to become owners and he notated it at the top of the contract.
Here's my concern: that when we go to book this trip we are going to run into the constraints re: the 5K points as per contract regardless of what the sales person verbally tells us.
So my questions to the TUG members is, has anyone else participated in the Vacation Introduction Program? What was your experience? Were you promised anything above and beyond what the contrat stipulated? And did they deliver on those promises? I signed the contract this past Saturday and have 10 days to cancel w/o reprecussion.
Sorry if I was too long winded and Thank you in advance for your input.
Jennifer