United States Forums

Post New Topic

Recent Activity

View all United States activity »
  1. 1 http://www.xaddition.net/lumidaire
  2. 2 Los Angeles Area Restaurants - 2017 Edition
  3. 3 Philadelphia Traffic Help
  4. 4 sf Chinatown restaurant
  5. 5 Hotel location Albuquerque
  6. 6 San Diego VRBO area
  7. 7 Queen Anne or Belltown Hotel
  8. 8 Suggestions for Sedona and Grand Canyon
  9. 9 Glacier National Park 2018
  10. 10 San Diego with teens in Februsry
  11. 11 Muir Woods in October
  12. 12 2 Grannies, 2 parents & 1 three-yr-old
  13. 13 Alaska 19 day itinerary - comments/opinions, please?
  14. 14 Trip Report Chicago - Memphis - NO - Anaheim (train/plane and taxi)
  15. 15 Botanical gardens on Maui, Hilo, and Kauai: how much do they differ?
  16. 16 Southbound lanes at San Ysidro Border Crossing close for 57 hrs.
  17. 17 Trip Report Disneyland Grand Californian
  18. 18 Overnight stay along Newburyport/Rockport train line
  19. 19 When will Key West be recovered from Irma?
  20. 20 Trip Report Colorado Shows Off
  21. 21 New England Tour
  22. 22 Kauai: First Trip Help Please
  23. 23 help me plan a Cali trip
  24. 24 Hawaii at Christmas with older teens
  25. 25 10-hour MIA layover ideas?
View next 25 » Back to the top

What do you think about Vacation Timeshares? Owners or Non-owners welcome

Jump to last reply

The worst investment someone could possibly make is to buy a timeshare. Consider the yearly maintenance fees. For the cost of the yearly maintenance fee alone, you could go on a nice vacation.
I've gone to many, many time share presentations. They say it will take 90min and that's all the time I give them. Then I gladly take their free dinners and breakfests. I've been to at least 50 timeshare presentations and I'm proud to say, I've never ever bought one. All timeshare sales people are high-pressure sleaze-balls, and i enjoy playing on them. Here's a little information that the average buyer doesn't realize when they sell their timeshare. The original owned is responsible for maintenance fees if the buyer {for whatever reason} does not pay those fees. I've seen yearly maintenance fees from $900.00 all the way up to $2000.00 per year. Multiply that cost x say 200 units, then multiply the cost of each unit x 52 weeks. If you play with the numbers, you will soon realize that there are big profits to be make at expense of the ignorant public.
My advice: Never ever buy a timeshare at any cost. You'll be left holding the bag.

Here's an example: Lets say there are 200 units for sale at $10,000.00 per unit per week with yearly maintenance fees of 1000.00 per unit per week. Are we starting to understand? It gets even better!
That's $10,000.00 x 52 weeks = $520,000.00
per unit cost.
Now, lets not forget the maintenance fee!
That's $1000.00 x 52 weeks = $52,000.00 per unit, just for maintenance. Wait, it gets even better.
200 units x $520,000.00 per unit = $104,000,000.00 + 52 x $52,000.00 in maintenance fees = $2,704,000.00. That's $2.7 mil per year in just maintenance fees alone!!!! NOW, THAT'S THE REASON FOR THE HIGH PRESSURE!!

21 Replies |Back to top

Sign in to comment.

Advertisement