Quote:
Originally Posted by docdvm
Based on the responses it seems that if time is flexible that it makes better economic sense to rent weeks and hold on to your capital. Timeshares are not appreciating in value. If one wants a time in prime season like say Xmas week, New Year or spring break then you have a better chance of reserving by buying. Also if one is a trader and becomes expert at it you can trade prime weeks for multiple bonus weeks or off season weeks making the purchase more economical. It would thus make more sense to just rent whenever we are ready and then if we fixate on a location or a time that requires us to buy we should look for the best resale value. Any ourchase over $5000.00 would result in a financial loss. If we can buy a resale at a time that is suitable in a location that is attractive and has good trade value then it might make some sense to buy. Still that location might be just as easy to rent at a price equal to or slightly more than the management fee. Right? Are there any exceptions? I would think that Disney Vacation Club might be one. Any others?
|
I think that this assessment is exactly right. For a couple traveling in the off-season, it does not make economic sense to buy a timeshare. You can even stay at Disney fairly inexpensively if you visit there in November or early December, for example. And you will not be limited to locations where there are timeshares--you can stay anywhere there is a hotel or motel.
I love timesharing for my family, because we have three kids and we're completely bound by school schedules. We like having more room and a kitchen and a nice resort. But if it were just my DH and me...well, the world is full of wonderful places and good hotels!
