Would you buy a Hilton Grand Vacations Timeshare Membership?
Just attended a sales presentation…
Told them no…
Sounded interesting…
High Pressure sales tactics…
Thought about buying on secondary market…
Anyone own one? Your experiences??
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Tagged with: experiences • pressure sales tactics • sales presentation
Filed under: Buying Timeshare
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I will never support Miss Hilton
I can’t speak for the Hilton timeshare…I bought a Marriott timeshare about 8 years ago and I love it. It is NOT an investment. Don’t think of it as such. I love it because:
-Traded it for places all over the world in addition to our home resort
- Really enjoy the location/facilities at home resort
- It MAKES me go on vacation…before we owned we always would balk at how much a vacation costs…now we have to go. This has been the BEST outcome of the purchase.
As for the secondary market:
- Yes it is cheaper…sometimes significantly for non-popular resorts. We bought thru Marriott because of the ability to trade for hotel points if we can’t use our week in a given year. This has allowed us to stay at very nice hotels in cities where there wasn’t a timeshare or on short-notice. If you buy on the 2ndary market, you may not get point abilities. We needed the flexibility due to work.
I would only consider it on the secondary market. Timeshares are horrible as an investment, and only sell on the secondary market in the range of 25% of what they were purchased for. That being said, the Hilton ones are quite nice, so if you are really going to use it, it may be worthwhile. Just bear in mind how much you are going to be charged each year in maintenance fees and figure out it ifs worth it. For me, I decided it wasnt, as most the maintenance fees I have seen worked out to be around $100 per night per year, which isnt horrible, but I have found it much cheaper to instead rent other people’s unused annual timeshares instead