Wyndham Vacation Ownership

My parents bought one a while ago. Points vary by location and type of room, but generally are somewhere between 8 and 24 k a night. It's definitely not worth the initial investment, I don't know if you can buy it off someone or not. They pay 90 bucks a month in maintenance fees and would have to stop paying to get rid of that fee.

If you plan on using it once or twice a year, it's not a bad deal. But they got old and in poor health, so that's not possible. I'll use some of it. You still have to pay for airfare and food obviously. Buying an all inclusive vacation each time package might be more sensible in the long run.

The properties are generally pretty nice and it's easy to book and cancel in advance. It's got its pros and cons, overall I'd say after the initial investment, it's been worthwhile.

If you can afford the initial investment without any strain, I'd say it's worth it. Don't stretch your budget for it. The maintenance fee is the same price as a gym membership, not a big deal assuming you and your kids someday have a steady income.

We have a couple sets friends that own them. Between work, school, sports, and everyday life, they always have enough points for us to buy/barter off them.

So is this a timeshare?

If only using a couple times a year why not just save the money each year?

Please don't do it to pass down to your kids, small chance they will want it and it will also be a good deal for them.

This is a Time Share, there's no other way to put it. Time shares can be a good deal if you religiously use them every single year. The problem is, literally nobody does. Let's say you buy enough for a 2 bedroom, well some trips you only need a 1 bedroom and other trips you need a 3 bedroom. So you want to go to Orlando but one kid wants to stay on property but you can't because of Wyndham.

Once you factor in all the extra headache of having to plan your vacation AROUND your time share, it simply isn't worth it. Your best bet is to simply find the cheapest place to stay for the vacation you want to take.

Now, if you go to Vegas literally every year, or Orlando, or something then maybe its a good idea for 10 years. But planning to pass it on to your kids is really not something you want to leave them.

I sat through a Wyndham time share presentation after getting a discount on an excursion in Hawaii in exchange for agreeing to listen to their spill for four hours. They wanted $35K for it. As I expected we had to watch a video of emotional stories of people that had health issues but were so glad they enjoyed their time shares with their families before dying of their terminal diseases. They also stipulated all contracts had to be done that day. They kept acting like it was against federal law or something to think about it a day or two. They became down right rude after I asked what the going rate was if I bought the same time share on a resale market. I didn't buy.

I searched the Internet afterwards and found the same time shares for $3500.

I'm guessing if you threw the initial cost in a Vanguard s+p 500 fund, and added the monthly maintenance fee to the vanguard fund, your children would be much more appreciative toward inheriting 1/3 of that fund rather than 1/3 of a timeshare.

Just cash flow hotels/vrbo for vacations.