Hilton Grand Vacation Club?

It’s timeshares. Terrible idea, always.

Did you check what they are selling for on the secondary market? They maybe could have paid pennies on the dollar for the same timeshare by buying it from someone else.

Maybe he researched it in advance and knew how much to pay for it from the timeshare sales reps. Maybe he knows he worked x years to pay (how many years/days salary is this) for this one purchase and that's exactly what he intended to do before walking into that dinner.

I spend a lot of time researching big items like vehicles before purchasing, so spontaneously purchasing a timeshare for six figures doesn't compute with me.

I don’t even know what the secondary market is for that

We did this last month. My husband is pretty knowledgeable about time shares because his parents bought not one, but two of them in the 2 years before my father in law died.

So of course we said no to HGVC salesman but enjoyed 3 nights in a huge suite at Trump hotel in Vegas. Hilton owns some of the rooms in that hotel.

Anyway, Hilton's vacation club is the best out of the 3 timeshares that we are familiar with but still not really worth purchasing.

I'm not sure what your dad bought because we were not presented with anything that cost 6 figures. Yikes!!!

My husband was able to get his mom out of the second timeshare for $4000. They had only put a down payment and made a few payments on the mortgage. So a waste of 6 or 7 thousand dollars. The first time share's mortgage is paid in full so my husband and I use it.

My father in law was a retired savvy accountant until the last 3 years of his life when dementia set in. It really makes me sad that timeshare salespeople take advantage of sick people. My mother in law just signed everything because her husband told her to. She doesn't have a clue about most financial matters.

Well
My
Dad had gotten three. He sent a certified letter backing out which he had until tomorrow to do.

You can go on Ebay and buy the exact same thing he bought for 100k for around $1000 right now.

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Well
My
Dad had gotten three. He sent a certified letter backing out which he had until tomorrow to do.

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Oh my! I hope he gets out of them.

Good for him. I bought one on the secondary market. Originally sold for $34000. I paid $895. The annual fee has gone from $550 to $875 over the last 10 years. We get 7 nights a year. It is a Wyndam property in Co. We go every other year and swap it for somewhere the other year. Not terrible, but I would not buy another.

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I think they gave him a shot ton of Hilton points

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I’m curious, how many points did they give him? Did they offer lifetime diamond?

Offered him 100k in points

When he sent in the certified letter he was pulling out offered 200k