Recently, my fiancee and I went on a vacation in Las Vegas. We were first approached by an over zealous bluegreen saleswoman on our shuttle from the airport to our hotel. She offered some "friendly" advice to us tourists, and then proceeded to throw out several package deals. I took her up on one called the Romance Package, which featured a free dinner, gondola ride, and wax museum visit all in exchange for a 90-120 minute presentation and $60...which 20 of that was refundable after viewing the presentation.
We went to Bluegreen's club 36 for the presentation the next day. It ran well past the 120 minutes. Our tour guide Vincent was very personable and was very informal with the questions and pressure. After the tour, we were brought to a corner table to discuss what we had seen. Right away, I noticed that their points did not go very far. The example that they used was a 4 night cruise, and no matter what the package, 5,000 points took off about $200. When I brought that to his attention, he called his manager, Michael (think Quagmire from Family Guy) to tell me how wrong I was. They brought us an offer for 20,000 points a year for the low price of $32k. Not to mention the maintenance fees and outrageous interest rates. We were never given the chance to find our own financing.
After declining their initial offer, Michael kept coming back with new and improved deals from "his boss". Anytime either of us tried to go online with our phones for research, one of the salesmen would swoop in and interrupt. The longer we sat there, the more stuff they threw at us. The funny thing is that there was never anything in writing that defined how much a point was worth.
They finally laid out a 6,000 biannual point program that was much more affordable. So after an hour or so of debating, we were offered 9 weeks of vacations at any RCI or BG hotel for $179/7 nights, a free 3 night cruise, and 4,000 bonus points.
Like many others have said, it was offered as same day only. If we walked out of the door, it would never again be available. Neither of us are impulse buyers, but I am sorry to say that we did eventually purchase the small plan. When we got back to our hotel, we did a little research and found out what bluegreen is all about. We sent our cancellation letter in by certified and overnight mail 3 days later (Nevada allows 5 days). So far, the company has promised a refund of our down payment minus the $75 that their books cost. I threw those away immediately after reading this site.
Before I did, I managed to find the point redemption tables. Our 6,000 points would get us 5 nights in Las Vegas (sun-thurs) during the worst weeks of the year only. Otherwise, it was 3-4 nights at best. All of this for the "low" cost of $137/month, maintenance fees, down payment, etc. Not to mention, the points were for every two years of payments. The hotel I was currently staying at was a suite room, had a balcony, and cost quite a bit less than the monthly fees alone. So do yourselves a favor and avoid a shady business like bluegreen.
Product or Service Mentioned: Bluegreen Resorts Vacation Ownership.
Monetary Loss: $75.