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Did I get a good deal?

Discussion in 'All Other Timeshare Systems' started by Jfeliciano, Apr 15, 2019.

  1. Jfeliciano

    Jfeliciano Guest

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    Resorts Owned:
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    So I now zero about Timeshare but attended the 2 hrs sales chat for Orange Lake holiday inn vacation club and was offer 30,000 points. For $5,750. I took it because I now I have 5 day to cancel it. Is that a good deal or just plane sucks???? What I see is I can buy point for pennies and go from 30,000 to 110,000 with just $1000 more. Please let me know This was just Friday so I have time. Thanks in advanced
     
  2. T-Dot-Traveller

    T-Dot-Traveller TUG Member

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    rescind -

    ********

    resale will save you huge $$

    1) READ TUG / learn - then buy resale .
    GLad you found this forum .

    2) for HIVC resale - only certain locations retain their point status .
    those are the ones to buy .
     
    TUGBrian likes this.
  3. Shankilicious

    Shankilicious Guest

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    Rescind/cancel/get out. Don't feel bad or duped or like an idiot. Half of us on TUG, including me, bought resale originally. This is the best place you could have come for information to save you thousands.
    https://tugbbs.com/forums/index.php?forums/new-to-timesharing-look-here.17/

    https://tugbbs.com/forums/index.php?threads/what-to-buy-questions-for-newbies.208742/ we all expect and suggest that you fill this out and make a new post in the forum and you will get plenty of suggestions from there.
    Timesharing is amazing and awesome once you spend a couple days/weeks/months learning about it.
     
    TUGBrian likes this.
  4. DaveNW

    DaveNW TUG Review Crew: Expert TUG Member

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    Rescind immediately. There is nothing they sold you that you can't buy on the resale market for pennies, perhaps even for free. All you did was give a fast-talking salesman a fat commission. Get out while you can, (follow the procedures to the letter - don't guess), do your research, and come back to get great help on how to buy resale and maximize your ownership.

    Dave
     
    TUGBrian likes this.
  5. Jfeliciano

    Jfeliciano Guest

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    Thanks but LAST QUESTION! Even if the maintenance fee is only $300 anual? Because I have seen this fees over $1000. STILL NO GOOD?
     
  6. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

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    Not only would you pay $300 in MF. You also have an annual fee of another $159 or so a year and 30,000 points won't be enough points for 4 days in a studio most places so 4 nights in a studio at $459 isn't a bargain. 30,000 HICV points are equivelnet to 15,000 RCI points when used in RCI. Not a particularly good deal. As far as developer points go it is a fairly cheap entry point into the system but not enough point to do anything with.
     
    T-Dot-Traveller likes this.
  7. tschwa2

    tschwa2 Tug Review Crew: Rookie TUG Member

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    Not only would you pay $300 in MF. You also have an annual fee of another $159 or so a year and 30,000 points won't be enough points for 4 days in a studio most places so 4 nights in a studio at $459 isn't a bargain. 30,000 HICV points are equivelnet to 15,000 RCI points when used in RCI. Not a particularly good deal. As far as developer points go it is a fairly cheap entry point into the system but not enough point to do anything with.
     
    DrQ likes this.
  8. TUGBrian

    TUGBrian Administrator

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    grats on finding TUG in time to rescind and save thousands!
     
  9. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

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    Act quickly. Wednesday is day 5. Have your letter postmarked before then.

    Jim
     
  10. DrQ

    DrQ TUG Member

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    The 30K was just to sucker you in. Once you would have realized how little vacation time you could get for that, the sharp knives would come out to carve you up.

    They were probably dangling MAXtime deals to you.
     
    nuwermj likes this.
  11. T-Dot-Traveller

    T-Dot-Traveller TUG Member

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    Lowest MF is not the goal / max usage for a MF you are comfortable paying yearly
    is a better target .

    tschwa2 succinctly explains what 30,000 HICV will get you in vacation time.

    so basically a sub- compact car with no air conditioning / cheap - but not the most versatile purchase .

    and not a bargain when you pay full developer price .
     

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