Search

Timeshares???

Thread Tools
 
Search this Thread
 
Old Sep 13th, 2002 | 04:51 AM
  #1  
xxx
Guest
 
Posts: n/a
Timeshares???

My fiance and I are planning our honeymoon, and are thinking about buying a timeshare. We have never considered timeshares - have always been hesitant of these - but thought since we'll be spending at least $5,000 on our honeymoon, it may be worth buying a timeshare for around the same amount of money, and have the ability to use it in the future. <BR>If we do go down this path, are there many timeshare opportunities in St. Thomas/St. John? Thanks!
 
Old Sep 13th, 2002 | 05:36 AM
  #2  
eileen
Guest
 
Posts: n/a
You might want to check out the timeshare users group (I think it is www.tug2.net) for more info. I am a timeshare owner at Hyatt Hacienda Del Mar in PR and as a result we can trade to all Interval timeshares as well as Hyatt Vacation Club. We felt it was an economical way to take our two children on vacation and be assured on getting accomodations with 2 bedrooms and a kitchen.<BR>
 
Old Sep 13th, 2002 | 05:43 AM
  #3  
eileen
Guest
 
Posts: n/a
Sorry, my reply got cut off before I was finished. I don't know if I would recommend purchasing a timeshare for a honeymoon. You should find a home resort you really like and purchase one after you have stayed at that resort. The home resort is important because the more desirable the resort, the easier it is to trade. Also, you have limited flexibility, so to get a resort you want the week of your honeymoon may be difficult. In addition, once you have purchased the timeshare, you will have to pay maintenance fees every year. Most really nice resorts are more than $5,000 to purchase a week. But if you do decide to do this, make sure you purchase a highly-rated resort that is part of a major timeshare network (Interval or RCI). Lastly, I have not found many high-quality timeshares on St. Thomas and St. John. We only stay at Interval Resorts with the "Gold Crown" designation and have had great experiences thus far.
 
Old Sep 13th, 2002 | 06:12 AM
  #4  
Just A Warning
Guest
 
Posts: n/a
Please xxx before you do something like this, go over to the USA forum and pull up some of the posts about timeshares.<BR>Simply put, timeshares are not a wise use of money over time.<BR>I know, I know, lots of timeshare people will complain and say they love their set-up, blah, blah, blah.<BR><BR>But if you have the capacity to understand more than basic math and the concept of time value of money, you'll see why timeshares are a loser overall.<BR><BR>There's an interesting post from a gut who was formerly a timeshare salesman, who admits that his colleagues used to sit around in the back room and laugh at how they were bilking people blind...all the while their customers were thinking they were getting such great deals.<BR><BR>Do whatever you want to.<BR>But try to go in with your eyes open.
 
Old Sep 13th, 2002 | 06:14 AM
  #5  
FYI
Guest
 
Posts: n/a
...that is supposed to be, of course, "a guy" not "a gut" who was a salesman.
 
Old Sep 13th, 2002 | 07:02 AM
  #6  
gfyith
Guest
 
Posts: n/a
To Eileen,<BR><BR>Your explaination was great.
 
Old Sep 13th, 2002 | 07:29 AM
  #7  
cdt
Guest
 
Posts: n/a
I wouldn't want to buy a timeshare until I had visited both the island and the property.<BR><BR>There are lots of timeshares on St. Thomas and a few (more expensive) on St. John.<BR><BR>In comparing the $5,000 expenditures, keep in mind that even if you had a timeshare you would still need to pay for airfare, meals, drinks, car rental, excursions, etc.<BR><BR>As someone else mentioned, the management fees can be substantial, they only go up, and you have no control over them.<BR><BR><BR><BR><BR><BR>
 
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
LATINA_GODEZZ
Caribbean Islands
9
Sep 1st, 2009 07:34 AM
craney
Caribbean Islands
14
Apr 18th, 2009 05:14 AM
Laurina
Mexico & Central America
5
Apr 19th, 2007 07:43 AM
Cheep
Caribbean Islands
18
Aug 9th, 2002 04:13 PM
Lori
Caribbean Islands
7
Jun 15th, 2002 06:07 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement -