ehanna
TUG Member
Hello All,
I read lots of posts today and wanted to run this deal by you, I have to admit that I felt a little pressured during the presentation and the long 2 hour negotiation afterwards, but I feel that we got a pretty good deal with a slight premium. So here goes and I welcome all your collective wisdom to guide me, specially if if I made a mistake.
A 2 bedroom Plus platinum Waikoloa (Kohala coast vacation suites)EOY 8400 + 22,000 bonus points for $18,500 + $1,278 HOA every other year.
I looked online during the presentation (when they left the room, high speed internet on phone) and found a few resales ranging from $10,000 to $13,000 for EOY for 7,000 points only.
We didn’t feel comfortable enough to purchase on the secondary market just yet, based on a few factors rational or not??, We figured the peace of mind is worth maybe an extra $2K and $4k for the bonus points and 8400 points verses 7000. We were nervous about purchasing through the secondary market, as we may run into someone that didn’t pay their maintenance fees and we could be on the hook to pay them?? or if we did not find the correct broker(maybe unfounded but that did cross our mind) or if Hilton would not allow the resale at $10,000 on and on. I know we got swept into the moment, but we have 6 days to rescind if it’s needed.
So what are your thoughts? Was this a reasonable deal given the extra points and the peace of mind?
Also reading other posts now, I see that I have to use the bonus points within 2 years or I could convert them to HHoner points and never lose them correct?
Thank you all
I read lots of posts today and wanted to run this deal by you, I have to admit that I felt a little pressured during the presentation and the long 2 hour negotiation afterwards, but I feel that we got a pretty good deal with a slight premium. So here goes and I welcome all your collective wisdom to guide me, specially if if I made a mistake.
A 2 bedroom Plus platinum Waikoloa (Kohala coast vacation suites)EOY 8400 + 22,000 bonus points for $18,500 + $1,278 HOA every other year.
I looked online during the presentation (when they left the room, high speed internet on phone) and found a few resales ranging from $10,000 to $13,000 for EOY for 7,000 points only.
We didn’t feel comfortable enough to purchase on the secondary market just yet, based on a few factors rational or not??, We figured the peace of mind is worth maybe an extra $2K and $4k for the bonus points and 8400 points verses 7000. We were nervous about purchasing through the secondary market, as we may run into someone that didn’t pay their maintenance fees and we could be on the hook to pay them?? or if we did not find the correct broker(maybe unfounded but that did cross our mind) or if Hilton would not allow the resale at $10,000 on and on. I know we got swept into the moment, but we have 6 days to rescind if it’s needed.
So what are your thoughts? Was this a reasonable deal given the extra points and the peace of mind?
Also reading other posts now, I see that I have to use the bonus points within 2 years or I could convert them to HHoner points and never lose them correct?
Thank you all