Buying Secondary Market (HICV)

I own 120k points through Holiday Inn Club Vacations. I was up-sold today to 300k ($38k out of pocket plus my old deed). Before anybody panics, I'm writing the note tomorrow to rescind my offer. I'm wanting someone to clarify the secondary market purchases for me. I see listings all the time for floating weeks and also for points. If I purchase one of these, do I get the points added to my account? If I accumulate 300k points through the secondary market, am I able to pick up the perks that I would get buying these same points from HICV? I want to avoid buying from the developer in the future based on what I've read here and on TUG but I want to protect myself and my family. Thanks!

Zane C.

Last edited by zanec7 on Jul 17, 2018 11:53 PM

There are I believe only 3 resorts that have their points transferred upon resale: Smokey Mountain/ Gatlinburg TN, Lake Geneva WI, and South Beach/ Myrtle Beach SC. Other HICV properties with points purchased resale will revert back to a deed without points.

If you go to the Timeshare Users Group (TUG) website forum you can get some more information about the HICV system.

https://www.tugbbs.com/forums/index.php?forums/all-other-timeshare-systems.30/

Carol P.