Posted by William Charles on January 17, 2019
Hotel Booking

Published on January 17th, 2019 | by William Charles

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[Targeted] Hilton Grand Vacations Offering 500,000 Points To Join

The Offer

  • Hilton has sent out e-mails to a lot of loyalty members offering them 500,000 Hilton points to become a Hilton Grand Vacations owner

The Fine Print

  • This offer is not valid with any other promotional offer and is only available through the Hilton Grand Vacations Club Direct Department by calling 877-246-2832 and not available on-site at any Hilton Grand Vacations Club resort.
  • This offer expires on January 31, 2019.
  • Offer valid for Hilton Grand Vacations Ownership Interest purchases equal to at least 7,000 annual ClubPoints.

Our Verdict

I’m no timeshare guru but this isn’t a good deal. The minimum you need to spend looks t be $9,490, I suspect you can get that down more but the real cost of timeshares comes in the maintenance fees. I don’t think 500,000 points is a particularly good offer even if you did want a timeshare. I think you’d be better served by doing a time share presentation (and not accepting the first offer they present for attending) and then if you still want to buy one (I can’t recommend against anymore strongly) they will be throwing points at you like crazy to get you to sign up. This is a bad deal. I don’t think any readers should do this deal. I posted this in the hopes that readers won’t do this deal.



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Mihir
Mihir

I was targeted. I completely agree with your recommendation. Thank you.

Adam
Adam

Thanks for the heads-up I was also targeted. Have been in the past as well. Will be passing on this

Karl
Karl

Doc, you’re not the best. You’re the beast.

Jiasus
Jiasus

Trying to find the like button but I can’t

Outlying Anomaly
Outlying Anomaly

It’s the little ^ to the left of the number of likes.

me
me

I also agree completely. Just like to mention I enjoyed much about my stay at Kohala Suites by HGV this year (which is sold as regular hotel night).

Slidellian
Slidellian

I got the same offer, and initially thought I was finally targeted for a presentation. Alas, I was not.

David
David

If you call in to the support line to make your next reservation instead of making it online, you’re likely to get transferred to the Timeshare team and get a presentation offer.

Randy
Randy

Should I do this deal

Travis
Travis

Yes, Randy, Yes.

Randy Travis
Randy Travis

With both of you saying yes, I think I might have to go with this deal as well.

carl wilson
carl wilson

I’ve got a friend who’s Hilton Grand Vacations owner and got stay at one of the properties in Orlando.

They’re nice especially if you have a young family and will utilize the kitchen/pool etc. But I had to wonder: a) how much he had to to pay to join? b) how much does he pay per year in maintenance fees? c) how the heck is he gonna get out of this deal if he doesn’t want to do it anymore?

Could not agree with Doc more. This deal should not be done.

Peter
Peter

My in-laws are owners and we recently went on a big family vacation in Hawaii. They got the timeshare when my wife and her sister were young, and according to them it made a lot of sense back then as a “young family”. The thing is the “kids” are in their mid-30s now and the timeshare lingers on. My mom in-law spent a lot of time explaining to me the rules, fees, and timelines of the program in hopes that we’d inherit the ownership from them, but however I look at it it’s a bad deal even without considering the down payment they put down some decades ago. The maintenance fees, booking fees, points carryover fees, and miscellaneous fees being charged on property really add up fast, and restrictions are vast. Unless you have consistent desires to travel in a predetermined style and like clockwork from now till you die, the timeshare can be a real burden.

And yes, I agree with you and DoC. Love how this site takes the effort to call out bad deals.

Paul
Paul

Yea timeshares are just a terrible idea. Just look at the number of people selling them for $0 to get rid of the maintenance fees if you need convincing.

iahphx
iahphx

Right. If your objective is to pay zero dollars for your Hilton vacations (and if you’re reading this blog, it should be), buying a Hilton timeshare is a horrific idea.

sevillada
sevillada

yup, if someone really really wants one, they can be had for almost nothing. though obviously you have to pay the yearly fees

JK
JK

*Some* timeshares are a terrible idea. Most are, especially if purchased from the chain. I bought a Marriott week in Hilton Head. About $1,000 a year in maintenance fees and I rent it out for $2,000 – $2,500/yr. Pays for my vacation after a few years of paying the initial purchase price.

Elmer
Elmer

If that’s how you justify a bad decision when you were younger… I usually just blame it on my drinking days.

Chris
Chris

Buying resale for pennies on the dollar for select timeshare properties (location, season, brand, size) is one of the best travel hacks out there and you can save a bundle for premium 2 bedroom beachfronts during peak season at Westins, Hiltons and Hyatts. You never will be able to do that on hotel points. If you are fine with packing your family into a small hotel room, and praying hail mary for a suite with a view better than a noisy street, then timeshares are not for you.

But you must research and pick your resale properties carefully – there’s a lot of junk out there. Herd mentality is good because that’s why I can pick them up for 80% discount over retail.

But if you don’t have the discretionary cash you shouldn’t attempt this hack – you can rent them from an owner for a premium over owning but still cheaper than hotels.

akjohnny
akjohnny

that’s a LOT of points!!! where do I sign up???

Joe
Joe

“This is a bad deal. I don’t think any readers should do this deal. I posted this in the hopes that readers won’t do this deal.”

I come to DoC for the deals.. I stay for the laughs.

Matthew
Matthew

Just went to a presentation at the Las Vegas Hilton grand vacations and minimum annual maintenance fees ranged from $900-$1200 just for a measly 2-3k vacations points per year.

carl wilson
carl wilson

Yikes. That’s whack.

TomT
TomT

I regularly churn timeshare presentations for the free or heavily discounted hotel stay (sometimes with free rental car, gift card and/or other goodies) in exchange for 1-2 hours of my time. My wife and I have done Hilton 4 times and Wyndham 5 times and a few third party companies a few times too. We never purchase anything and usually tell them about doctorofcredit.com 🙂

Geoff
Geoff

Interesting, I just got an offer to attend one, and I was considering it but I didn’t know if it would be worth it. 5 day 4 night stay for $199 and I have plenty of points to fly the family there… Is it worth it?

akjohnny
akjohnny

we did our 1st presentation at Hyatt Wild oak Ranch in San Antonio… was a nice place… I had a LOT of fun at the sales presentation… (ended up having the sales rep try to convince me that times shares are a better option than using over 200k Hyatt and UR points my family currently has)
after this experience, now I plan on going to Colorado to see how many presentations I can churn thru this summer… I would love to book 2-3 weeks for free/ heavily discounted resorts… there is a TON of timeshare resorts in Colorado.

Joe
Joe

I always thought they would stop you if you’d done it before and that made me not want to waste my one chance on a bad one… are you saying they’ll keep giving you chances to take advantage of them even if you reject them the first time? Do you just have to go to different properties?

Joe
Joe

Smart marketing. Give someone a $2500 discount on a time share, and it’s “meh”. Give someone $2500 worth of points, and heads will turn more.

With that said, timeshares are just terrible ideas. There’s a mental piece in all of us that says, well heck yes, I would love to own something in a place I love to travel to. The cost, limitation, and commitment is just too much.

Bill M
Bill M

I wouldn’t buy a full priced timeshare if they gave me 5 million Hilton points. I often rent timeshares for less per week than the annual maintenance fees the owners are paying. That makes the actual value of most timeshares a negative number. Indeed many people pay someone to take timeshares off their hands. A couple years ago I rented a 4 bedroom presidential suite at a Destin timeshare for 5 nights at Easter for $450 total out of pocket. I also rented an ocean-front 2 bedroom penthouse unit in Hollywood Beach, FL for the week of the 4th of July for $725. Both were well below the cost of the maintenance fees.

Sevillada
Sevillada

Damn, those were good deals, what site/how did you book?

Lia
Lia

“Our Verdict” section in this site is the very helpful. Appreciate it.

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