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Message
re: Who has a timeshare and what did they do to talk you in to it
Posted on 8/31/23 at 8:46 am to CleverUserName
Posted on 8/31/23 at 8:46 am to CleverUserName
There is a commercial on WWL constantly about a timeshare cancellation business. Can't think of the name right now but he must be doing pretty well. To me that's a reason for a big no thank you.
0
Posted on 8/31/23 at 8:46 am to AlxTgr
quote:
I am shocked these even exist anymore.
same here, absolutely no financial incentive to buy one
Posted on 8/31/23 at 8:53 am to CleverUserName
“The only gangsters here are those timeshare folks at the airport.”
- our cab driver in Cabo a few years ago.
But there were plenty of people at those booths nodding and reviewing papers, right off the plane.
- our cab driver in Cabo a few years ago.
But there were plenty of people at those booths nodding and reviewing papers, right off the plane.
Posted on 8/31/23 at 8:56 am to chity
quote:
My cousin has one in Cancun. They swap out their ts to other people who have ts in other areas. They have gone to Hawaii, Acapulco, Bermuda, etc.
I can go to Cancun, Hawaii, Acapulco, Bermuda, etc., without wasting money on a timeshare.
Posted on 8/31/23 at 8:59 am to Mo Jeaux
quote:
I can go to Cancun, Hawaii, Acapulco, Bermuda, etc., without wasting money on a timeshare.
this, my wife(no pics,) loves to search for travel deals, could have been a travel agent, we travel constantly and she always comes up with great deals wherever we go
Posted on 8/31/23 at 9:02 am to 777Tiger
quote:same.
this, my wife(no pics,) loves to search for travel deals, could have been a travel agent, we travel constantly and she always comes up with great deals wherever we go
Posted on 8/31/23 at 9:04 am to madamsquirrel
quote:
same.
your wife does that too?
ETA: jk squirrel, good morning
This post was edited on 8/31/23 at 9:05 am
Posted on 8/31/23 at 9:06 am to 777Tiger
quote:
took about two hours,
quote:
700 worth of excursions, snorkeling, four wheeling on the beach, booze cruise, etc.
subtle
Posted on 8/31/23 at 9:17 am to captainpodnuh
quote:
Went to the timeshare meeting in NYC as they promised a full breakfast for the kids.
quote:
I very loudly proceeded to call him a liar and dress him down
quote:
Wifey was embarrassed
Can’t tell if this is a troll or just the OT living up to the reputation.
Posted on 8/31/23 at 9:18 am to AlxTgr
quote:
The only time I hear of timeshares is during commercials for programs to help one get out of them. With all the bad publicity, I am shocked these even exist anymore.
I have clients that call me about 3-4x a year asking how to get out of them. All kinds of horror stories.
Posted on 8/31/23 at 9:21 am to AlextheBodacious
quote:
the OT living up to the reputation.
don't you try and cheat my little Brixtyn and Kaitsylynn out of a breakfast baw!!!
Posted on 8/31/23 at 9:25 am to CleverUserName
I used to own two Disney contracts. We sold a few years ago and doubled our money on both.
Posted on 8/31/23 at 9:33 am to CleverUserName
I believe the Disney Vacation Club is actually not a horrible deal. Other timeshares? Maybe so.
Just think. Disney is a reputable company, surely they would not ruin it over a program like this.
I really considered it last year while I was at Disney. Me and my wife are in our mid-20s and while she loves Disney more than I do, I dont really mind it that much. I suspect we will be going more when we start having kids.
The package we would have bought was around 50,000 which would have given us 2 weeks at any resort or 1 week at a resort like Grand Floridian each year.
The 50k covered a week in Disney each year for the rest of our lives. We will probably spend 50k going to Disney by the time we are 35 years old. Each time we go, we spend around 5k-8K. After we pay off the trip, we will be going to Disney for a very reduced cost each year (as they have fees as well).
Just think. Disney is a reputable company, surely they would not ruin it over a program like this.
I really considered it last year while I was at Disney. Me and my wife are in our mid-20s and while she loves Disney more than I do, I dont really mind it that much. I suspect we will be going more when we start having kids.
The package we would have bought was around 50,000 which would have given us 2 weeks at any resort or 1 week at a resort like Grand Floridian each year.
The 50k covered a week in Disney each year for the rest of our lives. We will probably spend 50k going to Disney by the time we are 35 years old. Each time we go, we spend around 5k-8K. After we pay off the trip, we will be going to Disney for a very reduced cost each year (as they have fees as well).
This post was edited on 8/31/23 at 9:34 am
Posted on 8/31/23 at 9:38 am to CleverUserName
The only good time share I've heard of was a bunch of dentists who set up a non-profit, bought two condos and they manage it on their own.
Posted on 8/31/23 at 9:51 am to andouille
A coworker and her husband bought into a few years ago and always are sure to drop it into a conversation whenever we go to dinner with them and someone new to the group is there. They make decent money but are the definition of keeping up with the Jones's. Our daughter rides horses so they signed theirs up. Another is in gymnastics so they do the same.
They bought a jeep with a huge lift on it because 2 others had them. But they only had 4 matching wheels with a 5th design on the spare "because the dealer only had 4 in stock" lol
They sent everyone videos taking it "mudding" with them filming each other driving through a 6" deep mud puddle doing about 10mph
That's the kind of people that buy timeshares lol
They bought a jeep with a huge lift on it because 2 others had them. But they only had 4 matching wheels with a 5th design on the spare "because the dealer only had 4 in stock" lol
They sent everyone videos taking it "mudding" with them filming each other driving through a 6" deep mud puddle doing about 10mph
That's the kind of people that buy timeshares lol
Posted on 8/31/23 at 9:54 am to CleverUserName
My wife and I bought one in 2003. We did plenty of research first and found one with low maintenance fees in Orlando. It took about 5 years to break even. While the kids were young, we were doing 3 weeks a year at condos all over the country. Averaging around $500-$600 per week at 2-3 bedroom condos. We were saving money. Maintenance fees recently went up and we are only using 2 weeks a year. We are breaking even basically now compared to airbnb or vrbo. If you just want to go to Destin or Disney once a year, it doesn't make sense. You have to plan ahead and work to make your investment work for you. We are planning type people so it doesn't bother us. Once maintenence fees go up again, we are going go have to get out.
Edited date.
Edited date.
This post was edited on 8/31/23 at 10:00 am
Posted on 8/31/23 at 10:02 am to Bayou_Tiger_225
quote:
A Disney timeshare
Massive oof
It's actually worse than that. When you hear about Disney timeshares, it's usually properties that are not connected to Disney. So, even if you get it with the intent of going to Disney with the kids/grandkids (my parents), you still need to have a car with you to get to the properties and you don't get any discounts/perks for staying on property.
It's starting to make a little more sense now that they have grandkids into Universal; but for awhile it was such a hassle. The funniest part was when they offered it to my wife & I and told us to pay the fee so they can book the extra room. Wife showed them it was actually cheaper and way more convenient (when Disney had the bus to bring you from the airport) to stay at one of the All-Star resorts. We haven't; been asked to go back since
Posted on 8/31/23 at 10:08 am to CleverUserName
Word to the wise for anyone whose parents or in-laws have one: most of the time, these things become part of the estate when the owner dies, and someone WILL inherit it. There is a way to get out of that, but it’s something you’re probably going to have to deal with.
Posted on 8/31/23 at 10:19 am to AlxTgr
Disney vacation club has been worth it imho
Posted on 8/31/23 at 10:30 am to ell_13
quote:
I used to own two Disney contracts. We sold a few years ago and doubled our money on both.
I understand the Disney hate, but if you have a wife and kids that love it, they were a great investment. The secret was to buy them on the secondary market, as Disney has a ROFR that created a floor. If you bought in the 2008-2010 timeframe, the purchase price has doubled or tripled.
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