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It sounds to me that you are just talking about two different deeds (or weeks) at the same location. Of course that is possible. I actually have this. This can be done either on the same contract or different contracts. You will still have two inventory activation fees for your two weeks.
That depends on what you mean by combining the two. There are no single weeks worth 10,00 points at the LV strip locations.
If you purchase a second 5000 point week, you will end up with 10,000 points in your account every year. However you will also have an additional maintenance fee. Not sure if you originally purchased direct or via resale, HGVC will often offer to accept your week back as a trade in towards a larger purchase. That could get you a single MF, but the up-front purchase price would almost certainly be much higher than going with a resale purchase.
I have heard of "combined contracts" for sale on Ebay. The only way to have combined contracts is to trade in one to the developer and buy a higher point package. Or, as stated above, there are 2 different contracts which have 2 different MFs and taxes, but the points can be combined into one HGVC account. You can have many resorts and many weeks combined into a single HGVC account but you will always pay many MFs and taxes.
I think the "combined contract" thing is probably some slick lingo used by a timeshare salesperson that someone still believes is a thing and they are trying to sell it as that. It's not a thing.
Good because everything looks consistent. I think that your MFs would be high. I am not sure what you are trying to do. If you are just wanting points, then this might not be the best deal. If you want to use this property/unit/season, then it may be great.
User baf99 developed a tool to compare value of various properties. I thought that is was pretty neat. (http://tugbbs.com/forums/index.php?threads/hgvc-cost-comparison.242429/). You could use the tool to see which property was better in terms of cost assuming you are only evaluating points.
I ran a test case with comparison to 1-Bd platinum unit at the Strip (of course a 1-Bd Plus would be idea but I haven't seen one lately). The cost was that listed and I just added together. Here are the results from the tool provided by baf99:
Other factors include investing the saved purchase money at 3 or 4%. 3% for $2500 initial sales price savings is $75/year. Verizon and other big stocks even pay up to 5% dividend which would be $125/year but of course that is taxable. Would also have to account for compound earnings on that $2500 investment and any capital gains or losses. Over 20 years that $2500 could double or quadruple or more if invest in aggressive growth stocks - and over 30 or 40 years could go up 10 times. I am 64 years old and the biggest investment mistakes I have made is not investing and holding in stocks when I was in my 20's and 30's etc. and to a lesser extent not buying more rental property.
If property taxes on timeshare are higher that deduction may be worth more on schedule A if itemize thus more savings.
9600 versus 10,000 points is 4% less points which is another factor tightening up the spread sheet.
Other factors include investing the saved purchase money at 3 or 4%. 3% for $2500 initial sales price savings is $75/year. Verizon and other big stocks even pay up to 5% dividend which would be $125/year but of course that is taxable. Would also have to account for compound earnings on that $2500 investment and any capital gains or losses. Over 20 years that $2500 could double or quadruple or more if invest in aggressive growth stocks - and over 30 or 40 years could go up 10 times. I am 64 years old and the biggest investment mistakes I have made is not investing and holding in stocks when I was in my 20's and 30's etc. and to a lesser extent not buying more rental property.
If property taxes on timeshare are higher that deduction may be worth more on schedule A if itemize thus more savings.
I used to think about it this way, and factor in the lost capital gains/income on the money spent on a timeshare, but a number of conversations over the years here on TUG changed my perspective. The money you spend on timeshare should not be the money you have invested for the future. We don't look at the 10 year or 20 year lost investment gains when we spend $30,000 or more on a car; we don't factor in lost investment gains on the $10,000 used to go on a luxury cruise. I've come to believe you should look at timeshare the same way. The money you spend on timeshare should not be the money you invest for capital growth or need for retirement. It's the money you would otherwise spend on vacations or other discretionary or luxury purposes.
I was talking about buying a cheaper timeshare with higher annual fees and concluding that lower annual fees may not actually be the cheaper way to buy over the long haul if you overpay up front and consider all factors including investing upfront savings by buying lower. Alternatively Resale of lower annual fee units is better too. Timeshares are not investments I agee. No way are they investments. But they are great way to vacation when buying quality name on resale market.
I agee with what you say about buying cars and vacation. I'm talking about buying cheap cheap and make some sort of balancing compromise on annual fees and then renivesting the upfront money saved by buying cheaper unit with more annual fees.
The cost for 9600 hilton points to pass right of first refusal is probably going to be closer to 12k to 15k at strip property if you can find one - so the spread sheet in my opinion does not reflect current market. Maybe the prices will drop during next economic slowdown.
Glad to help out....it is just an observation of mine that I had while shopping for a HGVC contract that is not supported by scientific data analysis,
Generally speaking, the lower the buy-in price, the higher the annual dues, and visa versa.
That is why I bought at both Kings Land and Las Vegas strip locations as the average of the two is better than either one individually when looking at buy-in price and annual dues.
Good because everything looks consistent. I think that your MFs would be high. I am not sure what you are trying to do. If you are just wanting points, then this might not be the best deal. If you want to use this property/unit/season, then it may be great.
At first, I wasn't sure if I agree with this quote from DazedandConfused. But it does have some merit.
I ran a test case with comparison to 1-Bd platinum unit at the Strip (of course a 1-Bd Plus would be idea but I haven't seen one lately). The cost was that listed and I just added together. Here are the results from the tool provided by baf99:
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