Comments on: Timeshares Are Good Investments

By: JR

JR — Wed, 26 Aug 2009 20:03:31 +0000

Michael Harr is correct. You have to negotiate to get the best deals. Another thing is to go to used time share websites to get the best deals.

Also, if you do purchase, use the off season.
You can stretch your points a lot farther. Wife and I are Wyndham owners. They give you a book, as well as website to look over the resorts.

One other thing: read the booklets they give you & watch the DVD as well to get the max return for your money.

By: carol

carol — Tue, 21 Apr 2009 22:20:40 +0000

Have you ever tried to sell a timeshare back to Marriott? No dice ended up donating to a charity just to get rid of it. The user fees went up every year until it was no longer a good deal for us.

By: Whata Croc

Whata Croc — Mon, 20 Apr 2009 11:24:56 +0000

THIS POST IS A JOKE! TIMESHARES ARE THE BIGGEST RIP OFF IN THE WORLD AND

DO NOT GO UP IN VALUE!!!! That’s why you can buy them cheap on the resale market, so to say that you made money on yours, you fing LIER>.

By: EUSKAL REDUCHERRY

EUSKAL REDUCHERRY — Thu, 12 Mar 2009 04:06:37 +0000

Why should anyone pay so much for something that he may not use when or how he wants? I had a timeshire and two happy moments When I bought it and most of all WHEN I SOLD IT! Now with the money I save in that lousy investment I can plan my travel ahead using Internet plane plus accomodation.. it is a lot cheaper, I travel when I want, and I do not have to worry about maintenance, taxes etc.. I would never recommend a timeshare property to no one… and did you know you can not give it in heritage to your sons? If the family decides to sell it you lose… it is nothing yours it is theirs Very very bad business… never buy it again, never in my life!!!

Euskal Reducherry Basque Country Spain

By: Carver

Carver — Wed, 04 Mar 2009 05:25:27 +0000

Great article. It seems like the pros and cons are mixed. Either way it was a super interesting read. Thank you.

By: James

James — Sun, 15 Feb 2009 16:46:54 +0000

Way to go Yana I agree. stay as far from them as you can.

By: James

James — Sun, 15 Feb 2009 16:45:05 +0000

Timeshares are a elatorate con game that suck people in in a “High Pressure” sales meeting tell you a bunch of lies in order to appeal to your desires. By the time the consumer figures out that they have been told nothing more that lies and misleading promises.

By: Yana

Yana — Tue, 10 Feb 2009 17:18:43 +0000

I would not consider a timeshare. I don’t like the way they are marketed, and that alone is enough to keep me away from them.

By: fathersez

fathersez — Tue, 10 Feb 2009 15:14:33 +0000

I wish I could say the same about our experience. It was bad.

Timeshares are not for everyone. It seems to have worked well for you as well as some of the commenters. Good for you.

Regards

By: Tom

Tom — Sun, 08 Feb 2009 00:46:35 +0000

I’ve always thought they were lousy investments without knowing all the facts.
I guess you have to do your research to avoid the scumbags.

By: Eric N.

Eric N. — Sat, 07 Feb 2009 03:48:58 +0000

Oh god do I have a story. My sister (when young and naive) went to Hawaii for a vacation and got conned by one of those ruthless timeshare salesman. She signed up for a horrendous loan and now can’t get out of it. I’ve helped her as much as I can by doing research and listing her options–needless to say, none of them are pretty.

By: Mary

Mary — Wed, 04 Feb 2009 22:09:12 +0000

Excellent info…and nice to hear positive comments on timesharing. With a little research and careful planning, buying a timeshare can be an investment, but mostly an investment in your quality lifestyle. Renting first, is a good way to check out whether you like it or not. Right now there are a lot of good deals available. My dad really liked working with http://www.TimeshareAdventures.com. He has enjoyed staying at timeshares all over the world for over 20 years.

By: Mr. ToughMoneyLove

Mr. ToughMoneyLove — Tue, 03 Feb 2009 23:39:45 +0000

My father owns 5 timeshares that he intends to gift to his children someday. Four are Marriott units. Only one is used regularly because it is in NYC. The others get traded out for time elsewhere. Sounds like Lazy Man is in a good situation with his but that can change when kids arrive on the scene. My partner has a timeshare in the Bahamas that he hasn’t used in years because it was not little-kid friendly and older kids are bored in a hurry.

By: Start-Up

Start-Up — Tue, 03 Feb 2009 23:17:03 +0000

I don’t have any experience with time shares, but I do really like the idea of being able to trade the time share to visit a different place. That really opens up the traveling opportunities.

By: Kelly Rusk

Kelly Rusk — Tue, 03 Feb 2009 22:34:04 +0000

Agreed it’s only a wise investment if the rest of your finances are in good shape. My parents bought one back in 96–they took up an offer for a free cruise, in exchange for the timeshare presentation. They had no intention to buy one, but ended up getting one. One thing some may not realize–in the sales pitch, the more you resist the better deal you get. The reason they ended up buying is because after saying ‘no’ so many times, the sales person had reduced the price by so much that it was a great deal.

Though buying second hand may be a better deal anyway, not sure.