United States Forums

Start a new topic Change Forum
Advanced search

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

| Add a Reply

Sign in to comment.

Recent Activity

  • Announcement: Writers Needed for Morocco Guidebook
    by Emily_D Fodor's Editor | Posted on Apr 11, 14 at 05:51 PM
View all United States activity »
  1. 1 Las Vegas to Los Angeles via Death Valley
  2. 2 San Diego/Los Angeles Trip with Teens
  3. 3 AirBnB is illegal in San Francisco,
  4. 4 traveling Amtrak cross country
  5. 5 Alaska cruise and land
  6. 6 Little Bighorn Battlefield & Yellowstone
  7. 7 Lunch with little girls UWS?
  8. 8 Grand Circle Itinerary Utah
  9. 9 Suggestions for road trip with children from Birmingham, AL to Grand Canyon
  10. 10 Trip Report Sampling Ethnic Las Vegas trip report
  11. 11 NYC taxi vs car service
  12. 12 Best Glacier viewing (by boat) from Seward or Whittier
  13. 13 rain in Kauai
  14. 14 Hotel recommendation for San Francisco
  15. 15 Hotel in Santa Barbara
  16. 16 Antelope Canyon. Tour form Page or just show up there and pick a guide ?
  17. 17 Places to eat like a local in Los Angeles
  18. 18 WISCONSIN
  19. 19 Wedding in Hawaii
  20. 20 Charleston, SC Beaches
  21. 21 Christmas cruise in Hawaii
  22. 22 Shuttle Recommendations - Penn Station to JFK
  23. 23 Cabins less than one hour Rabun County Georgia in NC
  24. 24 Yellowstone and Grand Tetons Sept - Itinerary/Lodging Decisions
  25. 25 San Fransisco to LA
View next 25 » Back to the top