HHV Presentation

[skjayhawk]

Im scheduled to go on a HHV presentation this weekend. I am very interested in purchasing a EOYO 2 bedroom either in HHV or Kings Landing. Want to have the option of either doing a 1 bedroom every year with my little family, or two bedroom every other year with my family plus parents. Want to use it in Hawaii about half the time and trade elsewhere.

I am very familiar with the resale market by reading this site for the past year and have looked at what HHV resales have passed ROFR,but have never been on a presentation before and have no idea what kind of pricing they are going to throw at me. that being said... is their any type of deal they can swindle or make that would justify buying from the developer?

Thanks!

 

[Talent312]

No.
Anything they offer you will be highway robbery compared to what you could get resale, even if they throw in a ton of bonus points or HHonors points. Those are throwaways to make you think you're getting something worth the extra $$ -- they're not.

Bring lists of resale prices. Don't fall for BS about what you can't do with a resale TS (there's nothing, 'cept only elite status). Keep saying, "No - Ain't gonn'a happen." BTW, the words "not interested" will be interpreted to mean sell me the crappiest point package for the most $$ you can find.

When you're done, repair to a nearby watering hole to decompress.

.

 

[1Kflyerguy]

Enjoy Hawaii, one of my favorite places. We have owned with HGVC for almost 10 years, and really enjoy it. I originally purchased direct from them before i discovered resale. After having attended numerous updates at the resorts or via phone looking for a direct deal that made sense, we have not found anything close to value of resale.

 

[skjayhawk]

Thanks for your responses. Confirmed what I thought, wouldn't mind buying this weekend from the developer if the numbers worked, but I'll stick to resale. I live in Maui and love the idea of doing 4 nights Oahu and three nights Big Island vise versa.... perfect cure for island fever

 

[GT75]

I live in Maui

Nice, you already live in Paradise, but would be nice to go to a few other islands too. I will predict that you are offered ~$7.5/point {annual, EOY maybe 60% of that [I am just guessing though]} (please report back on what the going rate is now). Be careful because the sales staff is very good at manipulating numbers. They will talk HGVC points and then conversion to Hilton honors points (very poor use of points).

 

[skjayhawk]

Will do. Will they offer some type of return package when the "quality control" person comes out to do their questionnaire on the professionalism of the sales department?

 

[GT75]

Will they offer some type of return package when the "quality control" person comes out

I am not sure I understand what you mean? I will say that every person's goal is trying to "hook" you into purchasing something. They are just trying to determine how big their commission will be (obviously, the bigger package purchase, their bigger sales purchase).

 

[GT75]

I assume that you already know that you can purchase resale at both Oahu and Big Island for much cheaper than developer sales. I personally think that the best time to buy resales is towards the end of the year (maybe starting as early as in September or October) because MFs are due in January (owners are willing to unload their TS) and easier to get through ROFR (my opinion anyway).

 

[GT75]

I would also suggest reading this thread prior to your presentation. http://tugbbs.com/forums/index.php?threads/going-for-first-visit-timeshare-presentation.260051/

 

[Talent312]

Will they offer some type of return package when the "quality control" person comes out to do their questionnaire on the professionalism of the sales department?

They may offer a test-drive (one year only) deal for ~$1600-1800 (I forget) w-'x' points.
Some folks like it; others get frustrated becuz they can't book their exact place/date/size.

.

 

[marinskas]

They may offer a test-drive (one year only) deal for ~$1600-1800 (I forget) w-'x' points.
Some folks like it; others get frustrated becuz they can't book their exact place/date/size.

This used to be called a VIP package. If I recall it goes for $1,695 or $1,795 and comes with 7,000 points that are valid for 18 months in 5 resorts and have to be used all at once. I may be off on details, but that's what I remember.

 

[Arimaas]

This used to be called a VIP package. If I recall it goes for $1,695 or $1,795 and comes with 7,000 points that are valid for 18 months in 5 resorts and have to be used all at once. I may be off on details, but that's what I remember.

I just got back from a sales presentation in June. It was still called VIP (Vacation Introduction Package or something like that). They offer to "freeze" whatever price they told you during the sales pitch (you know, the one that you could only get that one day on the spot right then and there), will apply the cost of the package towards your (hopeful) eventual purchase. They offer a payment plan and it is something like $1695 for a bunch of points that if you don't use, you lose, and like previous poster said, only good in some specific locations.

I ended up buying resale for $2500 plus fees (total about $4K), so considering the price of the package vs the price of my resale ownership, I think you might be better off saving the money and finding a resale property. Just my 2¢

 

[1Kflyerguy]

This used to be called a VIP package. If I recall it goes for $1,695 or $1,795 and comes with 7,000 points that are valid for 18 months in 5 resorts and have to be used all at once. I may be off on details, but that's what I remember.

We just used a VIP package in May at Kings Land. They advertise it as 7000 points, but in reality its 7 nights. I had hope to squeeze some extra nights out of it by booking a one bedroom in gold season. Unfortunately it really limit to 7 nights, you can chose 1 br or 2 br, but HGVC picks the room category, std, plus, etc.

I believe you can split the vacation in two if you want, 4 nights and 3 nights. but will have to attend a sales presentation again on your first visit.

Personally i would rate that an OK deal if you choose the resort wisely, but all in all not sure I would buy it again now that i know of all the restrictions.

 

[GT75]

Im scheduled to go on a HHV presentation this weekend.

Do you have an update for us?

 

[Talent312]

He's prolly still sitting at the "presentation."
.

 

[GT75]

He's prolly still sitting at the "presentation."
.

I certainly hope that they don't have a fish on the hook.

 

[Nomad420]

He's prolly still sitting at the "presentation."
.

LOL ..... Oh man... Been there....

 

[skjayhawk]

Hi Everyone,
We bailed on the presentation and decided to hike Diamond Head yesterday morning instead, we thought it would be a better use of our time since we are better off buying resale, and I would of been hooked after seeing the rooms. I asked the booking agent for pricing but I would of had to gone on a full tour to get that (she probably doesn't get paid unless she sends in a full tour). HHV was awesome, love the special fireworks on Friday night.

Thanks again for all of your help