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Started By
Message
Pros/Cons of Timeshare
Posted on 7/27/17 at 11:35 am
Posted on 7/27/17 at 11:35 am
What are the pros/cons of Timeshare? I've heard good and bad. If any of you can give me some input on this it I would be grateful. Thanks.
Posted on 7/27/17 at 11:36 am to chadzthename
here's a list of the pros
Posted on 7/27/17 at 11:36 am to Brosef Stalin
I'll take the cons:
quote:
Timeshare
Posted on 7/27/17 at 11:37 am to chadzthename
I have this awesome place that I can to my go to 2 weeks a year. Not that week, oh not that week either, ehhhh not that week... there we go. 2 weeks at the beach in December. Yes!!
This post was edited on 7/27/17 at 11:37 am
Posted on 7/27/17 at 11:44 am to chadzthename
Parents had one and the dates never actually worked. Used it once then it because a bitch to get out of
Posted on 7/27/17 at 11:45 am to chadzthename
My in laws have had one for years. Them, and their kids collectively go on 5-7 high end vacas a year. The places are 5*. Any location you want. I think the dues are about 2 Gs a year. If you vacation once a year, it would be a waste. If traveling is your hobby, then it can save you some money.
Posted on 7/27/17 at 11:46 am to AUCE05
That's not a timeshare. That's a vacation club
Posted on 7/27/17 at 11:47 am to TH03
Same thing. They bought the timeshare, then a vacation club acquired the company, and they get the perks of both. Keep in mind they bought it years ago, so the initial investment was low. No clue what they runnow.
Posted on 7/27/17 at 11:52 am to chadzthename
Wide range of timeshare options. Do your research and find what fits for you if you do it. We bought in about 15 years ago near Disney. Initial investment took about 6 years to break even based on what a typical rental would cost. We now go on 2 week long vacations a year. Maintenance fee is $750 per year and 2 trades is $260 ($129 per trade since we never go to our actual unit on our actual week). So for 2 weeks a year, I pay $500 per week for a condo with 2-3 bedrooms. You must plan ahead 12-18 months. You will not get popular spots 6 months out. We plan for ski vacations one year ahead.
Posted on 7/27/17 at 11:53 am to chadzthename
My parents bought a time share after they went to one of those seminar things for free tickets to Dollywood. It was ridiculously expensive, and they ended up getting rid of it.
Posted on 7/27/17 at 11:54 am to chadzthename
It is honestly one of the worst decisions you can make
Posted on 7/27/17 at 11:55 am to chadzthename
I can't think of one pro. In fact when someone mentions they have a timeshare somewhere, I automatically lose all respect for them.
Posted on 7/27/17 at 11:55 am to AUCE05
A timeshare is usually one place. A vacation club is several places. Buying in on a beach condo in flordia doesn't allow you to go to other places.
Posted on 7/27/17 at 11:55 am to LSUengr
quote:
We plan for ski vacations one year ahead.
why do people voluntarily put themselves in situations like this?
esp with airbnb/homeway etc time sharing is mindblowingly dumb
Posted on 7/27/17 at 11:55 am to chadzthename
quote:
Timeshare
Don't do it.
Posted on 7/27/17 at 11:55 am to LSUengr
Which timeshare company do you work for?
Posted on 7/27/17 at 11:56 am to TH03
Pros people that build and sell timeshares make a lot of money
Posted on 7/27/17 at 11:56 am to TH03
You buy a timeshare at one location. If that location is owned/ran by a corporate company, you trade to other locations.
Posted on 7/27/17 at 11:57 am to chadzthename
This post was edited on 7/27/17 at 11:59 am
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