Breckenridge Grand Vacations (BGV) offers a handful of exclusive benefits to its Club Members, enhancing the vacation ownership experience. However, these benefits are not transferable when purchasing on the resale market. For many buyers, the significant cost savings of buying resale outweigh the loss of these perks.
This article explores the benefits of BGV Club Membership, the features that do not transfer on resale, and why the resale market still remains an attractive option for many.
Exclusive Benefits of Breckenridge Grand Vacations Club Membership
Proprietary Points Overlay
BGV Club Members can convert their Vacation Weeks into Club Points, allowing for flexible stays in different unit types and seasons. Key features include:
- Minimum Stay: Reservations require a minimum of two nights.
- Flexibility: Points can be used for stays in different unit types and seasons, offering greater flexibility.
- Non-Transferable: Points cannot be carried over to future years and must be used within the calendar year.
- Subject to Availability: As with all points-based reservation systems, the inventory to fulfill your desired reservation must be available. This can mean owners will need to book their vacations as far in advance as possible to increase the odds of booking their chosen travel dates.
Resort Privileges
Club Members enjoy year-round access to resort amenities, including swimming pools, hot tubs, owners’ lounges, and spa facilities even without having a reservation booked at the resort.
Bonus Time
Members can reserve additional time at the resort at discounted rates, subject to availability. Reservations can be made up to 14 days in advance, providing an affordable way to extend vacations.
Additional Perks
Other benefits include:
- On-site discounts for spa and restaurant services
- Priority room assignments and check-ins
- Access to a rental program for unused Vacation Weeks
The Resale Market: A Cost-Effective Alternative
Price Savings
Purchasing a BGV property on the resale market can result in significant cost savings compared to buying directly from the developer. While resale buyers do not receive Club Membership benefits, the much lower purchase price often justifies this trade-off.
Interval International Exchange Program
As a BGV owner, you have the option to use the Interval International external exchange program. This is an optional program that gives owners the ability to trade their week for stays at a variety of resorts across the globe, offering an incredible amount of flexibility. Whether you’re eager to explore new destinations or simply want access to a broader range of vacation options, this program is a valuable resource for owners.
For a comprehensive overview of the services provided by Interval International and their associated costs, take a look at our detailed guide: All Interval International Fees & Services 2024.
Non-Transferable Benefits
When buying on the resale market, the following benefits are not included:
- Access to the Points Overlay system
- Resort Privileges for visits where the owner has not booked a stay
- Bonus Time reservations for Grand Colorado on Peak 8 and Grand Lodge on Peak 7 – Grand Timber Lodge resale buyers can use Bonus Time
- On-site discounts
Optional Resale Initiation Fee
BGV owners do have the option of paying a resale initiation fee to opt-in to the Club Membership and get all of the associated benefits. Currently, the Resale Initiation Fee is set at $20,000, but many owners who purchase on the resale market decide not to pay this initiation fee.
Points Overlay Values for BGV Properties
Below are the points overlay values for Club Members booking weekly and nightly stays at Grand Colorado on Peak 8 and Grand Lodge on Peak 7. There are no point overlay values for Grand Timber Lodge, regardless of whether you purchase that property on the resale market or directly through BGV.
Grand Colorado on Peak 8 Points Overlay Values
| Season | Week | Breckenridge | Colorado | |||||
|---|---|---|---|---|---|---|---|---|
| Weekly | Sun-Thu | Fri-Sat | Weekly | Sun-Thu | Fri-Sat | |||
| 4 Bedroom | ||||||||
| Christmas / New Years | 51,52 | 524,000 | 52,400 | 131,000 | 524,000 | 52,400 | 131,000 | |
| Fixed/7-12 Winter Prime | 7-12 | 470,000 | 47,000 | 117,500 | 470,000 | 47,000 | 117,500 | |
| Winter | 47-50,1-6,13-15 | 350,000 | 35,000 | 87,500 | 350,000 | 35,000 | 87,500 | |
| Fixed/26-32 Summer Prime | 26-32 | 256,000 | 25,600 | 64,000 | 256,000 | 25,600 | 64,000 | |
| Summer Value | 21-25,33-39 | 190,000 | 19,000 | 47,500 | 190,000 | 19,000 | 47,500 | |
| Spring/Fall | 16-20,40-46 | 100,000 | 10,000 | 25,000 | 100,000 | 10,000 | 25,000 | |
| 3 Bedroom | ||||||||
| Christmas / New Years | 51,52 | 353,000 | 35,300 | 88,250 | 433,000 | 43,300 | 108,250 | |
| Fixed/7-12 Winter Prime | 7-12 | 317,000 | 31,700 | 79,250 | 388,000 | 38,800 | 97,000 | |
| Winter | 47-50,1-6,13-15 | 236,000 | 23,600 | 59,000 | 289,000 | 28,900 | 72,250 | |
| Fixed/26-32 Summer Prime | 26-32 | 172,000 | 17,200 | 43,000 | 212,000 | 21,200 | 53,000 | |
| Summer Value | 21-25,33-39 | 128,000 | 12,800 | 32,000 | 157,000 | 15,700 | 39,250 | |
| Spring/Fall | 16-20,40-46 | 67,000 | 6,700 | 16,750 | 83,000 | 8,300 | 20,750 | |
| 2 Bedroom | ||||||||
| Christmas / New Years | 51,52 | 262,000 | 26,200 | 65,500 | 342,000 | 34,200 | 85,500 | |
| Fixed/7-12 Winter Prime | 7-12 | 235,000 | 23,500 | 58,750 | 306,000 | 30,600 | 76,500 | |
| Winter | 47-50,1-6,13-15 | 175,000 | 17,500 | 43,750 | 228,000 | 22,800 | 57,000 | |
| Fixed/26-32 Summer Prime | 26-32 | 128,000 | 12,800 | 32,000 | 168,000 | 16,800 | 42,000 | |
| Summer Value | 21-25,33-39 | 95,000 | 9,500 | 23,750 | 124,000 | 12,400 | 31,000 | |
| Spring/Fall | 16-20,40-46 | 50,000 | 5,000 | 12,500 | 66,000 | 6,600 | 16,500 | |
| 1 Bedroom | ||||||||
| Christmas/New Years | 51,52 | 171,000 | 17,100 | 42,750 | 251,000 | 25,100 | 62,750 | |
| Fixed/7-12 Winter Prime | 7-12 | 153,000 | 15,300 | 38,250 | 224,000 | 22,400 | 56,000 | |
| Winter | 47-50,1-6,13-15 | 114,000 | 11,400 | 28,500 | 167,000 | 16,700 | 41,750 | |
| Fixed/26-32 Summer Prime | 26-32 | 84,000 | 8,400 | 21,000 | 124,000 | 12,400 | 31,000 | |
| Summer Value | 21-25,33-39 | 62,000 | 6,200 | 15,500 | 91,000 | 9,100 | 22,750 | |
| Spring/Fall | 16-20,40-46 | 33,000 | 3,300 | 8,250 | 49,000 | 4,900 | 12,250 | |
| Suite | ||||||||
| Christmas/New Years | 51,52 | 91,000 | 9,100 | 22,750 | 91,000 | 9,100 | 22,750 | |
| Fixed/7-12 Winter Prime | 7-12 | 82,000 | 8,200 | 20,500 | 82,000 | 8,200 | 20,500 | |
| Winter | 47-50,1-6,13-15 | 61,000 | 6,100 | 15,250 | 61,000 | 6,100 | 15,250 | |
| Fixed/26-32 Summer Prime | 26-32 | 44,000 | 4,400 | 11,000 | 44,000 | 4,400 | 11,000 | |
| Summer Value | 21-25,33-39 | 33,000 | 3,300 | 8,250 | 33,000 | 3,300 | 8,250 | |
| Spring/Fall | 16-20,40-46 | 17,000 | 1,700 | 4,250 | 17,000 | 1,700 | 4,250 | |
Grand Lodge on Peak 7 Club Points Overlay Value
| Residence Type | Season | Week | Nightly Point Value | ||
|---|---|---|---|---|---|
| Sunday – Thursday | Friday – Saturday | Weekly | |||
| 4 Bedroom | Christmas/New Year’s | 51, 52 | 52,400 | 131,000 | 524,000 |
| winter | 1-15, 47-50 | 35,000 | 87,500 | 350,000 | |
| summer | 21-39 | 19,000 | 47,500 | 190,000 | |
| spring/fall | 16-20, 40-46 | 10,000 | 25,000 | 100,000 | |
| 3 Bedroom | Christmas/New Year’s | 51, 52 | 35,300 | 88,250 | 353,000 |
| winter | 1-15, 47-50 | 23,600 | 59,000 | 236,000 | |
| summer | 21-39 | 12,800 | 32,000 | 128,000 | |
| spring/fall | 16-20, 40-46 | 6,700 | 16,750 | 67,000 | |
| 2 Bedroom | Christmas/New Year’s | 51,52 | 26,200 | 65,500 | 262,000 |
| winter | 1-15, 47-50 | 17,500 | 43,750 | 175,000 | |
| summer | 21-39 | 9,500 | 23,750 | 95,000 | |
| spring/fall | 16-20, 40-46 | 5,000 | 12,500 | 50,000 | |
| 1 Bedroom Master | Christmas/New Year’s | 51,52 | 17,100 | 42,750 | 171,000 |
| winter | 1-15, 47-50 | 11,400 | 28,500 | 114,000 | |
| summer | 21-39 | 6,200 | 15,500 | 62,000 | |
| spring/fall | 16-20, 40-46 | 3,300 | 8,250 | 33,000 | |
| Suite | Christmas/New Year’s | 51, 52 | 9,100 | 22,750 | 91,000 |
| winter | 1-15, 47-50 | 6,100 | 15,250 | 61,000 | |
| summer | 21-39 | 3,300 | 8,250 | 33,000 | |
| spring/fall | 16-20, 40-46 | 1,700 | 4,250 | 17,000 | |
Conclusion
For many buyers, the significant cost savings of buying resale outweigh the use of the Club Member benefits. If you’re looking to purchase your property for much less than buying from the developer, resale BGV properties provide a great opportunity to enjoy affordable vacations while still experiencing the beauty of Breckenridge in a luxurious setting.
If you have any questions or need assistance, contact our team of experts. We’re here to guide you on your journey to a lifetime of unforgettable vacations!
