MrsHaloFIRE
Full time employment: Posting here.
- Joined
- Jun 18, 2018
- Messages
- 929
Prob still ok if youre the developer of one.
Now if you mean BUYING one? Rarely to no
Now if you mean BUYING one? Rarely to no
By free, I'm assuming you mean no upfront cost. That's actually not that hard to find. Lots of timeshares get sold for $.01 or $1.00 online because people are so desperate to get rid of them.We also acquired a free timeshare at Innseason Pollard Brook in NH in 2015 and we have enjoyed it as well. We found it on Timeshare Nation.
By free, I'm assuming you mean no upfront cost. That's actually not that hard to find. Lots of timeshares get sold for $.01 or $1.00 online because people are so desperate to get rid of them.
How much is your annual fee? It may be well worth it if you've been able to make use of it every year. The problem arises when you no longer want it. You need to find a willing "buyer" to take it off your hands, even if you're giving it away for nothing. Otherwise you're stuck with that annual fee indefinitely.
In fact- the resort in VT has a take back program and we are turning it back this year as part of our retirement plan. No cost to us.
I used to work with a lady that worked the point system mercilessly. Not my cup of tea, but she was very happy with it. I knew her well enough to know she wasn’t a braggart. She stayed at some really nice places for the money and was satisfied that she got her money’s worth. It wasn’t a passive activity though, she worked it like a travel agent.
That’s great. I guess they’re confident they can resell it.
This exactly. If you want to stay in a timeshare resort, just rent a unit for the time you will be visiting. We've done this numerous times. No long term commitment. No huge upfront cost. No worries about trying to unload it when we no longer need it. No need to book a year in advance.
We have rented beautiful 2-bedroom, 2-bath timeshare units as little as 3 or 4 weeks in advance and paid as little as $40/night. There is no possible situation in which buying would have made sense.
Great idea! Do you have a tip on finding timeshares to rent? (ie: is there a unique method or site, as opposed to airbnb and vrbo etc?)
Ditto. Owner of Marriott Timeshares/VCP over 4 decades, since 1999. Used them for priceless family vacations in the past and continuing to enjoy them in retirement. They are by no means our exclusive method of leisure travel, but we’ve leveraged them for great travel junkets. Works for me in my family.
Of course, timeshare haters gonna hate; and timeshare owners who know good deals and good trips, gonna keep on keepin on. More informed debates can be found at the Timeshare Users Group forum.
Great idea! Do you have a tip on finding timeshares to rent? (ie: is there a unique method or site, as opposed to airbnb and vrbo etc?)
By free, I'm assuming you mean no upfront cost. That's actually not that hard to find. Lots of timeshares get sold for $.01 or $1.00 online because people are so desperate to get rid of them.
How much is your annual fee? It may be well worth it if you've been able to make use of it every year. The problem arises when you no longer want it. You need to find a willing "buyer" to take it off your hands, even if you're giving it away for nothing. Otherwise you're stuck with that annual fee indefinitely.
I read an article on timeshare marketing and finances a few years ago.
The author claimed that 30 percent of the cost of your timeshare purchase is directly attributable to marketing and sales.
The author was no a huge proponent of timeshares and suggested that deeply discounted secondary market was the place to buy.
We went to a TS pitch at a Ski resort. I figured out that the TS price (50 weeks with shoulder, low and peak rates) was 3 times the price of a new unit. And that was just their one year revenues. No wonder they are so popular for marketing companies.I read an article on timeshare marketing and finances a few years ago.
The author claimed that 30 percent of the cost of your timeshare purchase is directly attributable to marketing and sales.
The author was no a huge proponent of timeshares and suggested that deeply discounted secondary market was the place to buy.