Hello everyone! The wife and I are thinking about purchasing a timeshare from HGVC. This would be our first timeshare purchase. It would be deeded at their new property, Ocean 22, in Myrtle Beach. We attended a presentation at one of their Orlando properties last December. We didn't purchase back then, but we did sign up for the VIP program for $1,795, which is essentially 7,000 points to use only at a select number of locations. We wanted to visit Hawaii within the next few years, so we thought that the VIP Preview Program would give us time to do some research before our potential purchase.
The Cost Numbers for a new timesharte at Ocean 22:
Unit price: $14,300
New construction discount: -$1,300
VIP Program Credit: -$1,795
Hilton October down payment matching special: -$1,795
Closing Costs: $509
Grand total out of pocket: $9,919
Maintenance Fees: $668.00
The Benefits:
3,400 point every other year
7,000 bonus points (I believe that I can push that up to 10,000 bonus points)
I would really appreciate some insight from the TUG Community with this decision. Thanks!
The Cost Numbers for a new timesharte at Ocean 22:
Unit price: $14,300
New construction discount: -$1,300
VIP Program Credit: -$1,795
Hilton October down payment matching special: -$1,795
Closing Costs: $509
Grand total out of pocket: $9,919
Maintenance Fees: $668.00
The Benefits:
3,400 point every other year
7,000 bonus points (I believe that I can push that up to 10,000 bonus points)
I would really appreciate some insight from the TUG Community with this decision. Thanks!
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