What are the pros and cons of retail vs resale?

[dioxide45]

I am still trying to understand what I lose if I go resale instead of retail. I have not had a response that was clear to me. I have seen some comments that I would probably lose Max and not really sure if that is meaningful or not. And not sure what other cons I will run into with resale.

Here is what I know of regarding what you lose/don't lose with resale;

• No HGVC VIP benefits.
• No HGV Max.
• Pay individual transaction fees. Points deposit, reservation transaction.
• You still get access to Open Season.
• You can still convert your timeshare to Hilton Honors points.
• RCI membership is still included in your annual Club Dues.
• You lose less money. You are paying a lot less resale.
• HGVC may not invite you to timeshare sales presentations.

Fees when you buy resale;

• Enrollment Activation Fee $695
• Ownership Change Fee $474
• Estoppel Fee $95

 

[dioxide45]

you will lose nothing of value to you. How is that not clear?

But value is in the eye of the beholder. What you may not value might be of value to someone else. It isn't that hard to list out what is lost when you buy resale.

 

[Wolfgheist]

Did I misunderstand? I thought that you wanted to guarantee HI Week 51/52 and the salesperson was only offering platinum EOY week. That will not guarantee HI Week 51/52.

Was the "deal" also for a 1BR? I thought somewhere you stated that you need a 2BR for a family of 5. If you planning to book a HW, it is very restrictive and I think that you need to understand the rules for HW booking. Many here on TUG have never booked using their HW. They are just using it to book during the club window (< 276 days). I do use a couple of my deeds to book using HWs (Ocean Oak and my ski weeks at Valdoro and Sunrise Lodges). On my Valdoro deed, I also try to book week 52 at Breckenridge. Valdoro weeks 51&52 were sold as fixed weeks so I have no guarantee to be able to book that week.

My apologies that I was not very clear. We only go during Christmas week, but I get that it is not guaranteed unless I can get an event week, which neither Hilton or any of the timeshare sites that I have looked at have alternating year availability. Our gold is a 1 bedroom and not at all what we wanted. Sales guy told us it would be no problem to book Christmas and no problem for 5 of us to stay in the 1 bedroom. I have found this to not be true. This is why I am looking at getting a platinum 2 bedroom so I can book 12 months in advance and have a much better shot than the gold.

But this leads to my confusion about if I get a platinum 2 BD, can I book 12 months out for a 2 BD plus if it is available and I have enough points? Or would I be locked to a standard 2 bedroom until the 9 month window.

 

[Reddart]

you will lose nothing of value to you. How is that not clear?

And I think the probability of him retaining Max with a resale will be higher than being able to reserve Christmas week with a Platinum EOY retail deed

 

[GT75]

• No HGV Max.
• Pay individual transaction fees. Points deposit, reservation transaction.

But the OP would remain in HGV Max if the original deed was in HGV Max. If the original deed wasn't in HGV Max or they sold it, then your statements are correct.

 

[Wolfgheist]

From your description of wanting a fixed Christmas week, you will loose 0 by not having Max. By loosing Max, you will miss out on a 6 month window to reserve some other resorts outside of the HGVC properties. That doesn’t sound like what you’re interested in.

If that is all I would lose, then I would not be worried about a 6 month window. HGVC made it out that if I bought resale, it would be some points I could use here and there, and I would lose all other privileges. One I have heard mentioned is elite status. What is that? I do not even know if I actually have that now.

 

[brp]

But this leads to my confusion about if I get a platinum 2 BD, can I book 12 months out for a 2 BD plus if it is available and I have enough points? Or would I be locked to a standard 2 bedroom until the 9 month window.

If you want to book in the 12 month to 9 month window, you can only book what you own, nothing else. And you won't have enough current year points for a higher unit anyway, so that point is moot. You will have just what you need to book your unit type for a week.

Cheers.

 

[Wolfgheist]

You gain a lot of money. The resale deed will not count towards elite status (well you should be in HGV Max so then higher tier level).

What is elite status?

 

[Wolfgheist]

you will lose nothing of value to you. How is that not clear?

I feel nervous without more detail I guess hehe.

 

[GT75]

What is elite status?

Are you currently in HGV Max?

 

[Wolfgheist]

Here is what I know of regarding what you lose/don't lose with resale;

• No HGVC VIP benefits.
• No HGV Max.
• Pay individual transaction fees. Points deposit, reservation transaction.
• You still get access to Open Season.
• You can still convert your timeshare to Hilton Honors points.
• RCI membership is still included in your annual Club Dues.
• You lose less money. You are paying a lot less resale.
• HGVC may not invite you to timeshare sales presentations.

Fees when you buy resale;

• Enrollment Activation Fee $695
• Ownership Change Fee $474
• Estoppel Fee $95

Thank you. I have some questions of course.

What are HGVC VIP benefits?
With retail, you do not pay these fees? Not fully sure what these are. With resale, I would pay fees for using points and making reservations? Would this make walking a reservation expensive?

 

[Wolfgheist]

Are you currently in HGV Max?

How do I tell? It says HGV Max at the top left when I log in to HGVC.

 

[Wolfgheist]

For HW booking, you can ONLY book your exact deeded room type for exactly 1 week starting on the check-in date for that resort. You must only use the correct year points (no saved, borrowed or bonus pts). The booking is non-changeable (can not walk it or move it but can be cancelled within the cancel rules)

Is 2 BD and 2 BD LX/RS/Plus etc... considered the same room type, or can you only book to one of those 2 BD types 12 months out and out of luck if only 2BD Plus is available when you have 2BD until 9 months.

 

[Wolfgheist]

And I think the probability of him retaining Max with a resale will be higher than being able to reserve Christmas week with a Platinum EOY retail deed

Well right now, I see a 2 Bedroom plus available at Lagoon, if I had a platinum 2 BD for lagoon, I could book that right now right? Or is it being a plus, make it not available until 9 months?

 

[dioxide45]

But the OP would remain in HGV Max if the original deed was in HGV Max. If the original deed wasn't in HGV Max or they sold it, then your statements are correct.

Good point. So as long as you have at least one Max eligible deed, any new resale points are also Max eligible? Or are the points from that eligible deed the only ones that can use Max?

 

[brp]

Well right now, I see a 2 Bedroom plus available at Lagoon, if I had a platinum 2 BD for lagoon, I could book that right now right? Or is it being a plus, make it not available until 9 months?

You could not book the Plus until 9 months. Also, you would not have enough current year points for the Plus anyway.

Cheers.

 

[GT75]

It says HGV Max at the top left when I log in to HGVC.

Then you are currently in HGV Max with a deeded HGVC ownership.

OK, then if you added a resale deed, you would retain HGV Max but that resale deed wouldn't count towards higher tier levels. Now, I think that you currently have an EOY deed so I think that you are only in the first tier level anyways (because it would need to be yearly).

 

[Wolfgheist]

You could not book the Plus until 9 months. Also, you would not have enough current year points for the Plus anyway.

Cheers.

My question is more about this year, where I currently have 40,000 points in my gold, and 8,000 points in my RCI. Adding a platinum would give me even more points, but allow earlier booking if the room was available.

Does this also work the other way? If I get a 2 Bed Plus Platinum at Lagoon, but only the lower level regular 2 Bed is available, does that also mean I could not book it at 12 months, I would have to wait for 9 months?

 

[GT75]

Or are the points from that eligible deed the only ones that can use Max?

Our understanding is (that is my memory, so someone please correct that if I am wrong), that the resale deed could be used in Max. If the OP sold the retail deed then they should become a Legacy HGVC member. We haven't had anyone report back on my last statement but that is what is in the rules.

 

[brp]

My question is more about this year, where I currently have 40,000 points in my gold, and 8,000 points in my RCI. Adding a platinum would give me even more points, but allow earlier booking if the room was available.

Does this also work the other way? If I get a 2 Bed Plus Platinum at Lagoon, but only the lower level regular 2 Bed is available, does that also mean I could not book it at 12 months, I would have to wait for 9 months?

Again, if you want to book in the 12 month to 9 month window (Home Week), you can only book the room type you have purchased. The 40,000 points you have are not all eligible or this period. Only the current year points are eligible.

Cheers.

 

[GT75]

If I get a 2 Bed Plus Platinum at Lagoon, but only the lower level regular 2 Bed is available, does that also mean I could not book it at 12 months, I would have to wait for 9 months?

You would have to wait for the club booking window, 9 months.

 

[Wolfgheist]

Again, if you want to book in the 12 month to 9 month window (Home Week), you can only book the room type you have purchased. The 40,000 points you have are not all eligible or this period. Only the current year points are eligible.

Cheers.

The plot thickens. So the 12 month window only allows the default year points? You cannot use bonus points or anything else? So borrowing from the future, or using past year points and bonus points can only be used in the 9 month window?

 

[GT75]

where I currently have 40,000 points in my gold, and 8,000 points in my RCI.

You better start thinking now how you are going to use these points. Some of these 40K points must be either saved points or bonus points. Each has an expiration date. Please read this post again.

What are the pros and cons of retail vs resale?

1 bedroom on Oahu on odd years. Gold is worthless with a 9 month advance booking and I have been unable to use it in three years WHAT??????? 3 years? You have EOY. What 3 yrs? 2023 to 2025? It is early 2025. You stil have 9 mo window on 2025. 2022 to 2024? That contains only ONE odd year...

tugbbs.com

 

[Wolfgheist]

You would have to wait for the club booking window, 9 months.

Thanks, this helps get through a lot of the vagueness from the sales guy. He would not spell it out, but kept saying I should just wait until March 20th to get the platinum after telling me I could do it 12 months in advance. I think because he knows only the plus rooms are available not the regular that I was looking at. lol.

 

[brp]

The plot thickens. So the 12 month window only allows the default year points? You cannot use bonus points or anything else? So borrowing from the future, or using past year points and bonus points can only be used in the 9 month window?

That is correct. It becomes a free-for-all at 9 months (specifically 276 days). Prior to that, things are more restricted,

Cheers.