Traveling Blog | The Timeshare Buyers Guide

The Timeshare Buyers Guide

These days everyone is looking for ways to save. Timeshare salesmen would have you believe they are about to save you a bundle. Before you sign you might be interested in these little known facts about timeshare buying.

Want to save 30% right out the gate? Buy your timeshare used. Timeshare industry leaders don’t want you to know this, but they greatly inflate the price of new timeshares to cover the hefty advertising costs they pay to sell them.

Congratulations you are already way ahead of the game. There are a lot of places you can find used timeshares listed. Shop around. A few great resources are sites like ebay, timeshare user group forums, and redweek.

Think long term. A fixed week at a fixed location might get boring after a while. When sorting through the available timeshares, keep an eye out for ones with flexible weeks. Timeshares with RCI point options are also a great way to keep a little freedom in your vacation planning.

Contract Perpetuity. Special assessment fees. Accelerated Use. If these terms are unfamiliar to you, you should really consider going through that timeshare contract with a fine tooth comb before signing. Timeshare contracts are complicated. Know your rights and responsibilities before you are locked in.

Lastly, be aware that even at a discount, timeshares, over-time are NOT the most cost effective way to enjoy a vacation. Timeshares don’t appreciate in value they depreciate. Be sure timeshares are right for you before you make a lifelong commitment to owning one.

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