My brother and sister has Time Shares, and they save you money in the end when it comes to traveling.
I actually went to a Time Share presentation with my sister, and the sales person was good, and helpful. They are good at showing you how you wasted your money on hotels, and show you how you can truly save with them.
I have positive opinion so far.
Good luck if you are looking into it for yourself.
A timeshare only makes sense if you (love that destination).
One should not look at them as an "investment" or believe they can easily swap their Las Vegas or Palm Springs location for one in Maui or the Bahamas...etc
Timeshare sales people want prospects to make a decision before leaving the presentation. They begin by trying to entice you with a "free gift" to get you in the door and then it's 90 minutes of non-stop pressure.
The way to get the best deal out of a timeshare presentation is to keep saying NO. Eventually they'll drop the price to almost 50% of what they were originally asking.
Personally I would never purchase one.
I love traveling to various exotic destinations around the world.
Being tied to one location (financially) would lead me to either loan out the timeshare to friends or pay for something I'm not using on an annual basis. Even if you buy it out right you will still have the equivalent of "association dues" ( A waste of money)
Not many people I know of would want to spend 2 weeks of the year at the SAME vacation destination for life.
* Reselling a timeshare is not an easy feat!
As far as investment goes, I think they are a poor choice--but having said that my daughter has a timeshare in Hawaii and they love it and go every year.
The sales people? I put them in the category of all sales people and would not let them sway me. A lot of those sale people will tell you anything and make things sound so sensible. Never make a decision like that on the spot. Always step away from the environment and discuss, discuss, discuss, and then sleep on it. There is no hurry to make the decision and if they try and rush you, then the answer should automatically be NO!
Great idea if you like to get away, your low on money and don't have a problem with sharing a location. In addition, timeshares as the name states is something you share on a time bases. You can't always go when you want because someone else might be using that time slot.
by dehiworld 7 years ago
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by CWanamaker 5 years ago
What are the benefits of owning a timeshare?
by NGRIA Bassett 8 years ago
Avoid their sales pitch and free breakfast
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