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How many people are stuck in bad timeshare deals? How much are you paying?
Posted on 11/1/18 at 7:27 am
Posted on 11/1/18 at 7:27 am
Considering the amount timeshare exit commercials there must be a lot of idiots stuck with them.
Exit for $0 I guess you are just giving it away
Exit for $0 I guess you are just giving it away
This post was edited on 11/1/18 at 8:57 am
14
Posted on 11/1/18 at 7:31 am to fatboydave
quote:
timeshare
OT Poors
Posted on 11/1/18 at 7:40 am to fatboydave
No, but I did get a pretty good beach vacation at low cost to listen to a 2 hour presentation a few years ago. If you don't have a problem saying "no" to a salesman it's a money saver.
Posted on 11/1/18 at 7:42 am to fatboydave
Posted on 11/1/18 at 7:45 am to fatboydave
They're often sold as investments where you can make money, which of course is not true.
My SO and I own one. We recognize it as a way to get better accommodations when we visit a place (instead of being cramped in a hotel room we get what amounts to a fully-furnished apartment).
My SO and I own one. We recognize it as a way to get better accommodations when we visit a place (instead of being cramped in a hotel room we get what amounts to a fully-furnished apartment).
Posted on 11/1/18 at 8:03 am to Quidam65
So... like an Airbnb?
Posted on 11/1/18 at 8:06 am to fatboydave
quote:
How many people are stuck in bad timeshare deals?
ALL timeshares are bad, bad deals.
Posted on 11/1/18 at 8:12 am to fatboydave
I am sure there are other towns around the world but Cabo seems like the mecca for timeshare salesmen...they are all there. Can't even leave the damn airport without walking through a pitch room
Posted on 11/1/18 at 8:18 am to fatboydave
My F-i-L has a few. Most, if not all, were purchased on the resale market for about 40% original sale price. By paying the lower prices, the finances make sense on paper. But I don’t understand why for minimal saving vs a similar level vacation would a person want to lock themselves into going to the same place every year.
Posted on 11/1/18 at 8:20 am to fatboydave
I know a dude that was making 20k plus a month selling in house for wyndham in nola. There were a few doing that. Most make nothing and leave pretty fast. The great sales guy make serious bucks.
Posted on 11/1/18 at 8:21 am to fatboydave
With AirBnB available, why would anyone be dumb enough to still have a timeshare or consider buying one?
Posted on 11/1/18 at 8:22 am to fatboydave
quote:
bad timeshare deals
Redundant.
Posted on 11/1/18 at 8:27 am to NYCAuburn
quote:
I am sure there are other towns around the world but Cabo seems like the mecca for timeshare salesmen...they are all there. Can't even leave the damn airport without walking through a pitch room
Same for airport in Cancun. You have to walk the gauntlet of timeshare companies to get to the exit.
Posted on 11/1/18 at 8:31 am to fatboydave
I have an Aunt through marriage who is paying 20k a year for wyndam.
Even at that level in order to stay at the timeshares they have to listen to a spiel in the morning about giving them more money. Its such a bad deal
Even at that level in order to stay at the timeshares they have to listen to a spiel in the morning about giving them more money. Its such a bad deal
Posted on 11/1/18 at 8:32 am to wildtigercat93
quote:
20k a year for wyndam.
For a week???
Posted on 11/1/18 at 8:39 am to lsunurse
quote:
For a week???
i get second hand information about it through my mom but apparently its a "tier" program for them. So they can go multiple times to any Wydham suites location with approval or something. They use it a lot for disney which they go like 2-3 times a year.
When i visted them up there we stayed in one which was basically just like a crappy Air Bnb
Posted on 11/1/18 at 8:41 am to wildtigercat93
That is still crazy though. 20k a year...not including airfare and rental car.
Posted on 11/1/18 at 8:43 am to Supermoto Tiger
quote:
ALL timeshares are bad, bad deals.
Unless you selling them
Posted on 11/1/18 at 8:44 am to lsunurse
oh believe me its an awful deal. But people can be suckered into a lot of shite
Posted on 11/1/18 at 8:47 am to wildtigercat93
Do you get out of timeshares if you die? If not, if I was the children of your Aunt...I would be working on getting rid of that timeshare. Imagine inheriting that nightmare.
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