Grandview Las Vegas – Is It Worth It?
If you attend a timeshare presentation at the Grandview at Las Vegas resort, and decide to purchase a timeshare, your price will be different depending on what stage of the sales pitch you ultimately gave in. If you decided to buy while you were still with the initial salesperson, you can expect to pay anywhere between $10-$30,000, depending on the size of the room, years you have the right to use (whether it is every year, every other, every third, etc.), and depending on your negotiation skills. If you held out until you were passed off to another, upper-level salesperson, you can probably get a timeshare for $5-$10,000, again depending on the room size and if you have the right to use the timeshare each year. And finally, if you are able to hold out until the last person, the one who is supposed to give you your show tickets/check and send you on your merry way, you may be able to get out of there with a timeshare for under $7,000. Is it worth it?
- First, let me make the point that timeshare is only good if you plan to take vacations. Vacation ownership does nothing for people that do not plan to take trips.
- Second, if you want to purchase a timeshare, and are convinced it is something you will actually use and get enjoyment out of, buy on the resale market. Buying directly from the developers at a timeshare presentation is not a good way to get a good deal on vacation ownership. The final price the salesperson gives you, before they actually allow you to leave, is still going to be much higher than you would be able to buy that same timeshare for on the resale market.
- Third, it is never a good idea to purchase timeshare and use financing to pay for it; which is another reason why the timeshare resale market is appealing to so many. Making payments on a timeshare means you are going to end up paying high interest rates, and prolonging the amount of time before you are actually “in the black” with your vacations.
Below are some calculations to give you a better idea of how long it will take for you to see some return on your investment depending on how much you initially paid for your timeshare, also taking into consideration maintenance fees and RCI annual dues. This are calculations for RCI weeks members, points are not taken into account. Basically these numbers compare what you would spend on the room outside of RCI vs. owning the timeshare week through RCI, and how long it would take you to “pay off” the timeshare, i.e. point at which all you are spending each year is the maintenance fees and RCI membership costs.
Calculations for the Grandview at Las Vegas timeshare, for a 2 bedroom unit with right to use every year, using the current value for a night at the Grandview $300 for the entire two bedroom suite per night, as posted on TripAdvisor. A stay is defined at 7 days and 6 nights. Estimates do not include interest payments made on principal balance.
Purchased for $25,000 – Maintenance fees $500 a year – RCI Membership $89 a year -
$25,000 = 13.9 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
13.9 years of maintenance fees +RCI Membership = $8187.10
In between 15-19 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $20,000 – Maintenance fees $500 a year – RCI Membership $89 a year -
$20,000 = 11.1 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
11.1 years of maintenance fees + RCI Membership = $6537.90
In between 14-16 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $15,000 – Maintenance fees $500 a year – RCI Membership $89 a year -
$15,000 = 8.3 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
8.3 years of maintenance fees + RCI Membership = $4888.70
In between 10-12 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $10,000 – Maintenance fees $500 a year – RCI Membership $89 a year -
$10,000 = 5.6 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
5.6 years of maintenance fees + RCI Membership = $3298.40
In between 6-8 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $5,000 – Maintenance fees $500 a year – RCI Membership $89 a year -
$5,000 = 2.8 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
2.8 years of maintenance fees + RCI Membership = $1649.20
In between 2-4 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $1,000 – Maintenance fees $500 a year – RCI Membership $89 a year =
$1000 = 0.5 years of 1 week vacations at the Grandview Las Vegas @ $1800/week
0.5 years of maintenance fees + RCI Membership = $294.50
During your first year you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Calculations for the Grandview at Las Vegas timeshare, for a 1 bedroom unit with right to use every year, using the current value for a night at the Grandview $150 for the one bedroom suite per night, as posted on TripAdvisor. A stay is defined at 7 days and 6 nights. Estimates do not include interest payments made on principal balance.
Purchased for $25,000 – Maintenance fees $300 a year – RCI Membership $89 a year -
$25,000 = 27.8 years of 1 week vacations at the Grandview Las Vegas @ $900/week
27.8 years of maintenance fees +RCI Membership = $10,814.20
In between 35-40 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $20,000 – Maintenance fees $300 a year – RCI Membership $89 a year -
$20,000 = 22.2 years of 1 week vacations at the Grandview Las Vegas @ $900/week
22.2 years of maintenance fees + RCI Membership = $8635.80
In between 28-32 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $15,000 – Maintenance fees $300 a year – RCI Membership $89 a year -
$15,000 = 16.7 years of 1 week vacations at the Grandview Las Vegas @ $900/week
16.7 years of maintenance fees + RCI Membership = $6496.30
In between 20-24 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $10,000 – Maintenance fees $300 a year – RCI Membership $89 a year -
$10,000 = 11.1 years of 1 week vacations at the Grandview Las Vegas @ $900/week
11.1 years of maintenance fees + RCI Membership = $4317.09
In between 14-16 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $5,000 – Maintenance fees $300 a year – RCI Membership $89 a year -
$5,000 = 5.5 years of 1 week vacations at the Grandview Las Vegas @ $900/week
5.5 years of maintenance fees + RCI Membership = $2139.50
In between 6-8 years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
Purchased for $1,000 – Maintenance fees $300 a year – RCI Membership $89 a year =
$1000 = 1.1 years of 1 week vacations at the Grandview Las Vegas @ $900/week
1.1 years of maintenance fees + RCI Membership = $427.90
During your first one to two years you will be “in the black” and only paying for maintenance fees/RCI membership costs for your vacation.
August 18th, 2008 at 12:31 pm
We went to this “invitation” to be a “homeowner” and literally were held hostage! It was a nightmare and such a scam! Dont believe that you are getting a great deal even when they tell you that the difference is that you get a “warranty deed” to a “vacation Home”. If its such a great deal then why do you have limits on when you can visit? Its a TIMESHARE in every aspect of the word!
September 11th, 2008 at 5:11 am
We are timeshare owners and have found this way to vacation absolutely wonderful! The timeshares are soooo much nicer than hotels and with the money my family spent at hotels, this way just makes so much more financial sense. People can always “punch holes” in anything they want, especially if they are not using what they bought. If they don’t use it then who’s fault is it that they bought it? I am a CPA and I believe this was a great purchase and will hedge future inflation for many years to come!
September 14th, 2008 at 6:40 pm
I purchased “The covitted” week 27, 4th of July, for a one bedroom for $13,900. I did not hold out until the end though and I am wondering if it is worth it? I also got the two extra weeks through RCI. I guess I am one of the suckers too? I was buying because of it’s trading power. We won’t go there very often.
September 15th, 2008 at 8:34 am
We held out till the end and got ours for $5000. It is only a once every 3 years and we paid more than resale. However, I still think we did the right thing. As a once every 3 year, we only pay $100 a year in maintenance. Also, because we bought through the resort, we were given “bonus weeks” every year. These are only good for Grandview and can’t be reliably exchanged, but we’ve already used them more than once. So for the reduced Maintenance Fee, we’re still going every year. We also just exchanged our regular week for a stay at the Hilton Grand Vacations on the Strip. So the exchange value of Grandview is actually quite good.
November 29th, 2008 at 7:40 am
We purchased at Grandview in 2005. We have not returned to the Grandview yet. Our reason for purchasing was for the exchanges. A quality resort located in Las Vegas has great trading power. As our children were growing up we traveled in a motorhome using an exchange program with campgrounds. The timeshare was the next step for us. Buying direct from the location made sense in that you do get 2 extra weeks. The chart on this site is OK, but factor in 2 more weeks and the “in the black” timeframe shorten. We use all 3 weeks every year. Some trips with family some without. Mexico, Hawaii, Florida, China and many other places.
You must understand one simple fact. If you do not plan to travel at least 3 weeks a year – DO NOT BUY.
January 7th, 2009 at 3:24 am
We recently stayed at the Luxor hotel in Vegas and were offered ‘free show tickets and vvouchers’ to attend at 2 hour presentation. I t was our first time in Vegas and we were very naive so went along. It turned out to be 8 hours out of our vacation!! We were practicaly held hostage but a very pushy salesman who kept telling us the advantages of the property. We were taken out to see the Grandview and yes it was pretty but not worth the inital $40,000 they quoted us! The salesman was just no taking no for an answer I tried to expalin that it was 3am in Ireland and I couldnt get through to the bank and I wasnt siging any legal documents without speaking to someone.
He then called a ‘director’ who brought the price down to $10,000 for every 2nd year use. I again said I was not interested and at that stage I really just wanted to go – it had taken an entire day from our holiday. And they hold onto your ‘free stuff’ until the very end so you get nothing if you walk out (and we had piad $50 ‘non refundable deposit’ for them)
I was very upset and shaken by this entire experience. I was bullied and harrassed and taken 20mins out in the Nevada desert to their salesroom. I had travelled al the way from Ireland and have watched too many episodes of CSI and didnt feel at all comfortable with the entire thing, I KNOW that we entered into it voluntarily but the true extent of the presentation, the fact that it would go on all day and the fact that we were driven 20mins away from Vegas Strip was not explained to us. These peoples hould be ashamed of themselves. They are a disgrace
January 15th, 2009 at 8:51 am
I bought timeshare at this hotel for 1 bedroom in Aug 2008. I paid around $15,000 not including maintenance fee. I get 1 week through the timeshare and 2 extra weeks if I dont use my timeshare in Las Vegas. Grandview paid RCI fee for the first year. The salesperson who helped me was very nice. We did get a ride in her car to see the property. However, I wish I had said No and not bought the timeshare. If you let Grandview rent your room for week, you pay 30% of the rent to them. I dont want to keep it for more than a year. Just trying to figure out how to sell it off.
January 24th, 2009 at 4:57 pm
We attended the sales presentation. Was told that it would take 2-3 hrs, but it turned out to be 4 hour ordeal. We kept an open mind and went along with the sales presentation. We knew that they were going to try hard to get you to hook you in. The sales person kept saying that we own this place and renting it for $199 for a week, but never mentioned anything about purchasing it until the end. We stood our ground until the end and was offered $5000. No matter how good the deal sounded, we were not going to commit to anything without doing further researches and consulting with others. These people are trying to get those people to buy in on impulse. If you don’t stand your ground, you may be sucked in, unless you have already done some researches and are planning to own a timeshare. Sales people are nice, but couldn’t trust a sales guy who wears more gold pieces on the fingers than a professional rap musician. A couple of alarm bells went off for me. How can they sell to public without checking on individual credits? How can they talk $$ when you are not even ready to talk $$?
Overall, If you do go to the presentation, keep an open mind. Stand your ground. Do your homework.
February 10th, 2009 at 7:49 pm
Hey there, I think I am sucked in to their impulsive presentation last week and signed in to buy a two week time share at Grand View at Las Vegas. The sales woman was old enough to trust her and sign in. But I feel I am desceived to buy a timeshare with too much money which is unworthy of the money ~16000 for two bedroom and 4 extra week vacation from RCI.
Can any one tell me how to revoke or cancel and get my money back?, it is 4 days since I signed-in.
Pls Help…
February 12th, 2009 at 1:31 pm
Hello JoJo,
I don’t think you were “sucked” into anything…you were there long enough to take into account the benefits and most likely you weighed the pros and cons in your mind before you made your decision.
Bottom line, if you bought a 2 bedroom and received the additional weeks, that tells me that you probably vacation that much…Otherwise you might have bought a smaller package.
Again, here is the key to timeshare and for it to be worthwhile to you….YOU HAVE TO USE IT, we’re talking about vacations, not an unpleasant surgery or something.
Remember, you start asking questions or sharing with other people…remember, opinions are like ***holes, everyone has them… Just ask yourself if you’ll use it and if you can afford it and if you like nice places…If you answer Yes to those q’s then it’s for you.
Good luck
February 13th, 2009 at 5:49 pm
Jojo
There is a Nevada law that gives you 5 days to cancel the deal. Contact the Verification person with whom you dealt with and ask for the Cancellation department. We cancelled today and it was a Revocation Form that we faxed in. If you cancel after the 5 days you may not get your deposit back but you will get out of the deal.
February 15th, 2009 at 11:46 am
My husband and I bought a 1 room timeshare at the Grandview with 2 extra vacation weeks a year for 10,000 in 2004. They had not even started construction on the building yet and we have yet to go back there to see what it is that we’ve bought. But, we’ve been to Vail, Colorado; Cancun, Mexico; Myrtle Beach, SC; and Tybee Island in Savannah. I think it’s worth it if you use it. We probably paid way too much for it and we’re still paying $300 a year, but in the long run we’ll get much more use out of it than we put into it. It’s only money. You can always make more.
February 16th, 2009 at 12:25 pm
Just remember their trick is to give you a puke price (41,000) and then split it up into puke pieces so that you get the impression that its cheap. well, its not. its just a smaller peec of crap from a big pie of crap.
don’t sign.
if you are reading this after the fact, send in your cancellation even if its after the five days. just cancel.
March 5th, 2009 at 10:40 am
Problem number one with you who thought you were suckered into this is that you didn’t really understand it. Two: You went to a presentation for an RCI property. There is a trading company out there called Interval International which is far better than RCI.
Timeshares are the only way to vacation now a days. They save you money, they are deeded for your lifetime, your kids, grandkids etc. So you are ensuring them a lifetime of great vacations.
There are some main rules of thumb when purchasing…
1. Buy high demand (you get the most trading power)
2. Buy close to home (that way you can use it more often and you can always drive and use your week if times get tough and you don’t have the money to fly)
3.Buy somewhere you like (if you wouldn’t stay there, don’t buy there)
March 5th, 2009 at 11:29 am
I visited the Luxor as well and was presented with the offer
for a cruise , gambling tokens and free shows.
It was a huge nightmare and held hostage for only 2.5 HOURS I feel lucky compared to others. Our lovely sales woman named Edee
was very nicely persistant and very insulting. She said she had never been shut down and not allowed to present her presentation.
I felt honored!!! I loved the Bible in the back seat of the car trick. Wow this woman must be honest she has a Bible. LOL
I am wondering what I am in for If I do take the cruise that they gave us a certificate for?
I can just imagine being held hostage for 3 days on a cruise ship being guilted into buying. They probably won’t let us eat any food and tie us down and torture us at sea until we give in.
Anyone ever actually taken the cruise??? Really would like to know, thank you, David.
If I forgot to mention, no we did not buy. This was my first time for a presentation. Wow it was like being trapped in an episode of the Twilight Zone!!!!!
March 14th, 2009 at 7:54 pm
my wife and i went to vegas last oct we went to the grandview
time share presentation we knew what we were in for,
i am a salesman myself (not in time share or real estate)
but i know the game,i went to get free tickets and gaming
tokens for the 40 bucks i paid i got my moneys worth
i expected 3hrs or more to be spent on their behalf to
try and make the sale so i was not surprised.
if i traveled every year i would have bought,but i
dont so if you you go you must stick to these rules
1 do not buy if you are only there for tickets
2 dont be surprised when 4 different people try to
sell you this (this is how the game is played)
3 never spend more than you can afford because
you will never get it back in $$$$$ (the
vacations will be more than worth it if you
take them)
4 last but not least have fun its vegas
everyone is trying to get a hustle is
vegas so why shouldnt you go get
some free tickets or a time share
but make your mind up first
March 17th, 2009 at 3:41 pm
David and others that had to deal with the Grandview…
my dude and I went to walk around the Luxor and we were approached by clerk into putting $99 down (to take advantage of three days two nights weekend on them)and when we decide to come back within 18 mths we will get back $100 as long as we visit the Grandview…I asked if there were hidden agendas or extra fees and such and she said no trick or gimmicks just visit the grandview…so I’m starting to feel like we signed up for something that we might end up wasting a nice day or regretting…
How did you get out of it or say no? I hate pressure and annoying sales peeps…David? anybody? advice?
Is no really enough to them? Will they break our legs? lol
March 21st, 2009 at 8:56 pm
My husband was diagnosed with a recurrance of cancer one day before a short trip to Vegas. We went to the presentation for the tickets, but let ourselves get sucked into the presentation. We were promised it would be easy to exchange our weeks on short notice, so we could travel to California for his treatment, and that there would even be two extra weeks. The sales woman even presented herself as a cancer survivor. All of this turned out to be lies and bull$%^&.
My husband has since passed away, and I am stuck with this Grand obligation. Took me a year to finally book an acceptable vacation, just weeks before I would have lost it.
Bob, the CPA, is right…we are responsible for falling for all this. We should have known there is no longer such thing as business ethics. My only comfort is knowing that there is a special place in hell for these predators.
March 24th, 2009 at 8:24 am
Thanks Lynn for the info on how to cancel. Although the price we got of 17.9K for a double w/ 4 extra weeks per year seemed fair, all things considered….we still decided not to go through with it seeing how there are more pressing things we need to do with our money right now, than spend it on expensive vacations.
We really don’t go for a week at a time when we do because I’m self-employed and receive a double-hit financially whenever I take off from work. So we opt for more frequent, shorter 3-day jaunts and don’t set our sights on overseas destinations, which do require more time than we have right now.
Figuring we probably wouldn’t really use 6 full weeks a year, and would only end up trying to rent them or end up giving them away or losing them, we decided to cancel 4 days from when we attended the presentation. If you travel alot, this could be the deal for you, but if not, then there are other ways of saving money on airfare and hotels.
For example, Hotwire.com got us a very nice spacious and clean, comfortable full-efficiency room at Candlewood Suites in Vegas for only $61 per night, with regular-sized fridge, dishwasher, fully outfitted with nice cookware and table ware, 2-burner cooktop, microwave, and single bowl kitchen sink complete with disposal. Their laundry facilities were available on every floor and were free to use for hotel guests. The phone was also free for local calls. They even had a selection of DVD movies and an assortment of audio CDs you could check out for free to play on the DVD player in your room. They also have an very nice exercise room complete with various work-out machines which my wife really appreciated. And with plenty of free parking for the rental car we also got at a remarkable price from Avis through Hotwire($25 / day for 3 days), we didn’t have to fork out a whole lot for our stay in Vegas and we didn’t feel like we were cutting corners either. So the value for the money for me was well orth it. I hear Priceline.com is also a good way to go, but I’ve never tried them before.
Bottom line is if you have the money, I still think it could be the way to go, just wasn’t for us.
Peace,
Chuck
March 28th, 2009 at 2:12 pm
My wife and I recently visited Vegas and was approached by pushy people giving away “A FREE GIFT” I should have stopped right there because I know there is no such thing as free gift. We accepted to go to the sales pitch not really knowing what we got our selves into. When we were hearded on to the shuttle I felt like I had a Big S stamped on my forehead meaning we were suckered. WE were taken to another site and this is where my frustrations began. We went with an open mind but never expected this type of experience. My wife and I were treated rude by the second sales person we spoke with. I too feel that we were being held hostage because if we would have walked out I wasn’t sure we would get our 40 dollar deposit returned and if we would even have transportation back to our hotel. We repeatedly told this sales person we are not going to buy today and he kept saying I have you for another 15 minutes. I was upset and angry when this was over. I think if they would have offered us this deal for 0 down and 0 % I would have still declined because Grand View Vegas is nothing more than a HUGE SCAM that we want nothing do do with. Any respectable real estate agency would never treat their potential clients the way we were treated. My wife and I did receive a voucher for free show tickets at the LUXOR .When we got our tickets (THAT WE DIDN’T USE) the only seats available were up at the very top row probably the worst seat in the house.
My recommendation would be to steer clear of this complete thing by saying I ALREADY WENT unless you want to feel like a cow in a heard and the wolves are eyeing you up for their meal.
March 29th, 2009 at 4:13 am
I too took a chance with my boyfriend primarily to get free tickets and went to the grandview presentation. The woman was nice enough, but after their presentation, we decided that it just was not feasible at this moment. Well, you would have thought we killed someone! When we said we simply couldn’t afford it at this time, they kept harping on whether coming to vegas had effected us financially, and if not we definitely could afford this. I was insulted that they assumed anything about our financial status and it was all smiles and fun until we said no. Then of course they brought in the manager who said he was going to give us a “special deal” because his father had worked for the same company my boyfriend works for. I thought this in itself was a little suspicious. I respect their hustle though, they are there to do a job. Just be aware that you will be there for more than 2 hours whatever the case. I believe the starting price was 27,000 and they knocked it down to 11,000 with 2 extra weeks. Again, if you are going to use it it is a great deal, but don’t be surprised by the saleperson finding many things in common with you and then trying to make you feel like you need to reevaluate your decision because this is such a great deal that even the employees don’t get a chance at!
April 15th, 2009 at 6:06 pm
WOW…everyone is really down on the timeshare. i actually bought my timeshare in my home state AZ. I bought it from shell vacations…since it is stationed here, and mostly for golfing resorts and so forth. We don’t purchase weeks, everything is point based, we bought a simple package 14,000 for 2500 points…we love it and if we don’t use it it just rolls over tot he next year. we are staying at the Grandview for the week, and I am so excited. I never thought timeshare would be for us, but the places we have gone are beautiful 5 star mostly and for free to us, just get there and spend your money on the other things….we used to spend so much money on hotels we never had money for anything else,Not sure about he weekly thing with RCI, but RCI is a sister company and we can use their properties for free or registration only which is like
$100……so good for us, sorry for those that look at it negatively…enjoy life too short to complain so much!!!!!
April 18th, 2009 at 1:15 am
As I write this, I am sitting in the Grandview on our last night here.
We had a great week. In fact, we also spent 3 night at the Luxor that were comp’d due to a past business trip there.
We purchased a bi-annual ownership here at the Grandview 2 yrs. ago. Echoing what has already been said here, only buy timeshare IF YOU ARE GOING TO USE IT. For us it has worked out well.
We are empty nesters who are able to take at least two nice trip a year. This has fit very nicely into our lifestyle.
We have friends who are are also timeshare owners in Hilton Head and we take each other along on trips free of charge.
With the point system, we are able to trade our points of our Grandview property 2 for 1 at most places.
This week we spent here, was a last minute deal to fill excess inventory. It cost us $170 for the week.
In two weeks we are going to St. Maarten on points and the RCI Fee.
In the end, timeshare either works or doesn’t for the individual. Like any purchase, YOU have a choice.
Time share, and the sales tactics are not new. It has been around since the 70’s.
The TV show The Simpsons even parodied timeshare in an episode.
Bitterness for falling prey to sales tactics in our mind is a weak excuse. When first approached about the sales presentation, you have the OPTION of saying NO. If you want the “free stuff”, you have to know that there is a catch. If you don’t….. then you are just plain stupid and deserve any inconvenience you experience.
Oh, and FYI, @17K, We probably paid too much in the opinion of many, but we paid cash and are satisfied. It is a lot like buying a potato chip that looks like Christ Jesus on Ebay. To the buyer it is worth whatever the buyer is willing to pay.
April 25th, 2009 at 12:46 pm
We arrived to the Excalibur caisno and agreed to the presentation. We had an idea what we were getting into, but we wanted the free Criss Angel tickets. This operation is sismialr to purchasing a car. They tell you it’s 2 hours, but by the time you leave your hotel and come back, its more like 4 to 5. They tell you they will feed you, but it’s only cofee donuts, and flavorless cold cuts. They start of $41,000 during the presentation. We caught the first presenter in many lies. You will go through 3 to 4 people. If you opt out to the end, they will offer you 1 week, every three years, with an addtional week every year for $5,000. It appears to be a huge marketing scam. If you have the time, and have nothing else to fo in Vegas, go ahead. By the way, the told us show tickets would be in the 14th row, GRandview actually has onlty the last two rows for the show. Enter at your own risk!!!
May 16th, 2009 at 7:32 pm
My husband and I walked out of the Grandview presentation and felt like we had just been thru a battle. Never again i promised myself just for free stuff not worth it. Went thru 3 salespeople, prices started at 39,999 down to 4,999 kept saying no thanks, last sales person didn’t take it so well said to us well I didn’t mean to ruffle your feathers. The nerve of that women at that point we just wanted to leave. We were almost treated like criminals. The final straw was going to retrieve out coupons and the staff person lock herself out of her computer so we had to wait another 45 minutes before we could leave. Don’t waste your time seems they have 2 sets of deals one for weeks and one based on points, Again do your research may not be worth the headache. How long did all this take 5 hours.
May 20th, 2009 at 7:24 am
Four of us sat though what was suppose to be a 90 presentation in Las Vegas (Fairfield). It wound up being 4 hours. They were trying to sell me a points or a week in a resort that had no availability, maybe they would be building again, but we could get a week in Williamsburgh. I was interested in Vegas why would I want Williamsaburgh Va. They started with the push for points. I have a fixed week in the Berkshires and didn’t want points. Well, we were admonished for not buying points. Each sales person became more and more rude and arrogant. We finally, got up and left. Our gift was a week in Hawaii……or at least it was suppose to be. That was 4 years ago. I’m still waiting for the voucher for the Hawaiian trip. Good thing I’m not holding my breath.
The problem with RCI is the inconsistency of information given out over the phone; each customer service rep has a different script, and the information that is available of the internet. If you choose to exchange on the RCI website you are charged $169. If you have to call and speak to someone to arrange the exchange, it’s $189. For the most part, I’ve been forced into calling since the system (which they know is having a problem and has yet to be fixed) won’t permit my exchange request, so the charge is $189. I don’t pay. And like most people I can never get the weeks, time of year or location that I want. So much for truth in business. Just a bunch of snake oil sales. I’m looking to sell and be done with all of it.
May 29th, 2009 at 9:57 am
If you have already signed the paper and paid a deposit, you can revocate within 5 days!
June 11th, 2009 at 1:46 pm
My husband and I with a business associate endured the torture also at the Grandview. We thought we would enjoy the timeshare experience. The maintenance
fee for the first year (we bought the every other year package) we were told were included in our purchase price. Our paperwork did not state any maintenance fee due but now we are billed and they say we misunderstood. I have found one other posting on another site where this was also told to another couple. Anyone else told this also during the sales session?? Thanks
June 29th, 2009 at 3:57 pm
My girlfriend and I purchaced a timeshare at the Grandview last november for approx 18000,
2 weeks with 4 extra weeks thrown in, the starting price for us was around 50000. We bought a timeshare because we will use this for the rest of our lives and will pass them on to our children. We have great trading power with Grandview and have already used up weeks in NZ, Australia, Malaysia, Thailand and India. We feel these places are much better than staying in hotels and feel timeshares get too much bad press, if you have a timeshare use it to get value for money, my children can’t wait for Vegas with their friends.
July 1st, 2009 at 4:29 pm
We naively went to the time share presentation. It took over 4.5 hours. When we called them on the 2 to 3 they quoted us, they said that it was 2 or 3 hours was only after we entered the room which was after a one hour sales pitch. You know it is a scam when they cannot give you any literature on their product. I don’t know too many (normal) people who can drop tens of thousands of dollars on impulse without doing research. Most of the hotel chains on the strip give you a discount on the tickets to shows in their hotel. We could have gotten the tickets for 15% off and gotten better seats without the tour.
July 12th, 2009 at 7:13 pm
Just got back from a week at the Grandview Las Vegas at my parent’s timeshare. My father is 80 years old and was talked into buying a twin apartment for 1 week annually. I believe he paid $25,000 and was told that this would be a great investment and something he could inherit to his children and grandchildren. He paid the entire sum in full. At the time I thought that this was a rather rash decision and not typical of him as he is usually very conservative and thoughtful with his expenditures. When we checked in for our vacation we were told that there was a “owners update” presentation that he was required to attend. I asked twice about this to make sure that it was not another sales presentation and was told on both occasions that he was just going to be informed about changes and ownership.
As it turned out my parents were subjected to 3 hrs of sales talk by a very pushy salesman who tried to persude them to convert to a points system. I walked in to pick my dad up as he cannot walk very well and was very upset with what was going on . My father was on the verge of signing for a product that he does not need and which was going to cost him another $5000. I insisted that he think about this deal and sleep it over but the salesman insisted that it would have to be signed right away and got very pushy. He kept on going for what seemed an eternity at which point I asked him when this was going to be over. To this he responded that my mother and I were being disruptive and he did not need me there at all. When it became clear that we were not going to sign he told us that he had wasted his time and had mouths to feed and would rather have spend time with other costumers.
We were then shuttled to a second salesman for yet another sales pitch after which we were finally allowed to leave.
The whole experience left us physically and mentally exhausted . How can anyone make an informed decision after being brainwashed for 3 hrs. At least now I know why my father made such a quick decision to buy in the fist place. I a product is good there is no need to employ such tactics. Something is seriously wrong with this organization and I would encourage people to do their research before buying. You are certainly not getting tickets for free – you pay a price.
September 2nd, 2009 at 3:00 pm
To start off with, this response is solely about the presentation at the Grandview – I’m not trying to criticize the “vacation ownerships” that they offer.
My family and I were staying at Exalibur when a Grandview agent approached us with an offer. Over $200 worth of tickets to a show for only $50. The catch of course was to spend time at a timeshare presentation at the Grandview. I have family who have timeshares so I knew what it was all about. I was planning to purchase those tickets anyways so I didn’t mind attending the presentation. You’re supposed to attend the presentation if you’re a couple living together and committed. However, the agent told us that since my brother and I share the same address and last name, that we should pretend that we’re married and attend the presentation. He said, “No one will find out, you’ll still get your ticket vouchers after the presentation is over.” Right off the bat, I knew it wasn’t worth investing in a business if their own employees tell customers to lie. But it didn’t matter, I wasn’t interested in purchasing a timeshare at all…just the gift vouchers.
Anyways, we paid the $50 cash and attended the presentation the next day. This is what the presentation was composed of:
-Prior to getting aboard the shuttle, a short form needed to be filled out ~10 minutes
-Approx. 15-20 minute drive to the Grandview resort
-Wait in a waiting room until your ‘assigned agent’ calls for you, couple by couple
-Attend a powerpoint presentation (that’s hosted by a complete paid actor). This presentation lasts about 1 1/2 hours. Try not to talk/discuss/participate much. If you do, you’ll just end up spending more time in this room. Before attending this, you’re offered food (this just included cookies, sandwiches and various beverages)
-Your agent takes you to another room filled with other couples and their assigned agent. Note: the room is large, noisy and the music is blaring. even if you try to evasdrop, you won’t be successful. You’re offered food again – same menu. The agent talks about what the grandview is offering – “vacation ownerships”
-Your agent takes you on a tour of the grandview
-Your agent takes you back to the same large room with other couples and begins to talk about packages and prices. Initial offer is an extremely large package set roughly around $42,000. Just learn to say no
-No matter how many times you say, ‘no thanks’ the agent will not stop talking. you have to understand that its his job to try and presuade you. he has to fill his entire workbook before he could call his manager.
-Once his work book is complete and you decline his offers, he’ll call a manager. The manager will arrive and negotiate better packages. Learn to say no again. The manager also has to fill out paperwork to make sure she’s doing her job correctly. No matter how many times you say no here, she’ll keep going until she’s done with her part.
-Finally after you say no to these two people, you’re taken to another room with a third person.
-The third person will offer you more packages and better deals. The last package for us was offered at $4,000.
-As long as you decline, the third person will then take you to the last room.
-The last room is where you fill out a short survey and feedback. I thought it was funny how every person that I met, from the initial Grandview agent at Exalibur, to the person who handed me the feedback form was listed on the survey. Once this is done, you’re free to go! The shuttles will take you back to where you were picked up.
All in all, the presentation took us 4 hours and we got our gift vouchers and attended the shows we wanted with no problems : )
I say its definitely worth it to attend the presentation for the gifts. Just keep saying no and don’t purchase any packages. Unless you truly want the “ownership vacations” that they offer. If that’s the case, wait till you speak to the third person – for this person will offer you the best packages at the best rate.
September 24th, 2009 at 6:48 pm
Never again for free stuff and discount,
This was my first and last Las Vegas….I don’t know if the Las Vegas Mayor knows about that , but I don’t know what kind of city they allow people come to visit and spend money yet get trapped and harassed by sales people who are nothing but liars and pushy….here is how started:
Approach by people from the Rewarding Office store in the strip next to the 711 store.
They got us to believe that , they will give us discount on tickets because a new Casino they are trying to promote and they want to give a tour and presentation about the casino and las Vegas, of course there will be a free lunch or breakfast. They never mentioned anything about selling you timeshare.
Next morning you go to the Grand view and assign you representative, the presentation starts with a black women he pretend that she was in the Army, which I doubt people who go to the army learns good manner not to scam people, and do mean tricks to deceive people who just want to have good time and get away from work and stress…That is not business ….that is a very low way to brain wash and force sell people stuff based on 20-40 years of estimates and calculations for vacations that may never go..bunch of B######
After an hour presentation and 10 min tours and half Deli Sandwich lunch, the selling begin, and the more you say no, the more they get aggressive to the level where they interfere in what decision you made in the past. My wife was so upset and hated the place and hated Las Vegas, and she said I don’t want to go back again….
They said its going to take between 2-3 hours but we ended up spending 4 hours
If these people keep doing that , this the beginning of the end to Las Vegas, because I have never seen such desperation.
October 13th, 2009 at 9:16 pm
Can you cancel after 5 days? We have never used it. We signed in April has it been too long? I just want out.
October 23rd, 2009 at 7:31 am
Any recommendations on where I can sell.. I was young and naive and purchased in 2004 with someone and I am still repsonsible….trying to sell asap!
November 13th, 2009 at 5:36 pm
They should not tell you 2 to 3 hours and keep you longer than 4 hours. I may not even make it in time to the show they promised me. I kept explaining my current financial situation and that I don’t even have the means to put down a few grand right now. They still continued to use high pressure tactics. They promised initialy that they don’t do that. I am also a veteran of Kosovo and two tours in Iraq and am diagnosed with PTSD. So when I noticed that I was being detained in the desert and not being allowed to leave I began to have a mild anxiety attack. I feel like I lost an entire day in Vegas. I will make it my mission to tell as much ppl as possible not to waste their time with any timeshare presentation associated with grandview and the vacation village parent company.
March 9th, 2010 at 4:09 pm
Can anyone pls pass me the number to call them for the deal i bought with them… I have lost the paper and want to go bk to Vegas and stay in Luxor for 3 nights… Vch i guess will be fre…
Pls pass me the customer service number for the same!!
March 9th, 2010 at 4:13 pm
Hey lenor i think i had purchased the same deal as u have…. so cn u pls pass me thr number???