Hilton Grand Vacations / Scam
My husband and I used to consider ourselves fairly responsible, intelligent people. I indicated "used to" because after the major scam also know as Hilton Grand Vacations (HGVC), I feel quite ignorant. The sales staff is very good and very pushy. The tactics are similar to but more effective than a car salesman.
After they convince you on paper how it makes sense to buy in to the HGVC, they quickly send in the manager to give you even better deals if you pay in cash/up front etc.
They also told us that the timeshares are so valuable that if we ever decided to sell, we would have no problem getting our money back as Hilton will buy them back since they are SO VALUABLE!!! What they don't tell you is that the depreciation is FAR WORSE than a new car. Our timeshare ownership that was purchased for over $15, 000 a couple of years ago is now worth $[protected] according to the HGVC sales/buy back staff.
So, in addition to ~ $700 per year for maintenance (which by the way would rent a lovely place for a week somewhere of equal or greater quality than our points for the year...you have to pay a fee to book the stay ~ $85 each time. I could go on and on but basically RUN FAST away from this scam and save yourself the shame. It is a well run scam by high pressured sales personnel that should have a hard time sleeping at night given their horrible unethical tactics.
NEVER sign, it is the same as throwing thousands of dollars out the window in addition to a lot of frustration!!!
I plan to file complaints with anyone and everyone I can find including the BBB and social media.
I want my money refunded by HGVC now but that is not an option
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