Timeshares-Have you used them or gone to the meetings for $/other?

posted 3 years ago in The Lounge
Post # 3
Hostess
24457 posts
Honey Beekeeper
  • Wedding: June 2009

I’ve never been to one but I hear that if you want the gifts, you have to sit through a ton of high pressure sales.

Post # 5
Member
1147 posts
Bumble bee
  • Wedding: October 2012

@orchidblooms:  DH and I went to one when we were on vacation in Hawaii because we got $150 cash, each for going. It was worth my 2 hours or however long i was there because we had some unexpected extra cash to spend on vacation =) as long as you are committed to saying no you’ll be fine. I knew I was saying no, but DH (FI) at the time was totally on the fence about it. They pretty much tried to convince us that buying a time share would totally fit into our budget even though we were knee deep in wedding planning. The logic was ridicilous! But yes we got our money when we were done =) and had a nice dinner that evening.

Post # 6
Member
210 posts
Helper bee
  • Wedding: May 1994

@orchidblooms:  We got the free gift but it wasn’t worth it in my opinion, the presentation went over the time by almost an hour and when they finally realized we weren’t buying they became very rude. It was 2.5 hours of my life that was completely wasted.

Post # 7
Member
13019 posts
Honey Beekeeper
  • Wedding: June 2011

i haven’t been, but years ago my parents went, thinking they’d just get the perk and be done.   They ended up getting sucked into it and buying.  Of course we (kids at the time) encouraged them to buy it cause we loved it so much.  Vacation as a family in a little hotel room or a 3 bedroom timeshare?   Timeshare please!

Post # 11
Member
1103 posts
Bumble bee
  • Wedding: July 2014

I have a timeshare and I hate hate hate it!!!! Not worth it. Hard if not impossible to get out of. Don’t do it! 

Post # 12
Member
1103 posts
Bumble bee
  • Wedding: July 2014

Oh, didn’t notice the other part. We’ve sat through presentations before to get stuff. They don’t actually want to give it to you, we has to hassle one over a $35 Visa card we were supposed to get. If you’re not buying, they’ll do anything to avoid giving out the item. Be prepared to do battle. 

Post # 14
Member
1103 posts
Bumble bee
  • Wedding: July 2014

I bought our from a family friend who was getting too elderly to use it, so I paid about nothing for it.  Our fees were $550 a year, and the place slept 6-8 (two bedrooms plus couch) so it was worth it!  But every year fees went up and up.  And to trade it, there was another fee about $200.  Then to be in the trade program it was another $80 per year.  So now, it costs us over $1100 per year, which is not what I wanted and I only got it 5-6 years ago. 

This wouldn’t be a major issue if we went places with another couple and shared the cost, but we are at the age where all our friends either have kids and can’t travel, or they have no money since they just got out of school or are living on their own and paying rent, etc. $1100 for a week away is sometimes more than it would cost us normally.  And years where we want to go places which don’t have timeshares, we end up not using it, but still paying for it.  Sure the weeks build up for a few years, but my FI doesn’t get that much vacation time to use it twice a year. 

Post # 15
Member
238 posts
Helper bee

my parents have had a timeshare for about 22 years.  we own 1 week of the year at our home resort but we are able to bank it (give it up) and then we are able to use it later.  or same concept, we can swap it out and stay some place different as opposed to the one we normally stay with.  we’ve swapped out to stay in different places in the midwest, colorado, vegas, florida, and spain.  each trade costs about $150 or so…so we we were able to stay in spain, in a two bedroom, two bathroom condo, for $150, plus whatever the yearly maintenance fee is.   we love it and the places we are able to stay. our timeshare is through interval inernational (www.intervalworld.com) 

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