Thursday, April 22, 2010

Should you buy a Timeshare? Should you keep the one you have?

Many people have heard great things about timeshares from their neighbors or family about timeshares, and are considering purchasing one for themselves. The rest of you already purchased a timeshare and just feel the financial burden too heavy so you want to sell it or get rid of it.

It is irrelevant if you purchased your timeshare for $1 on Ebay or $30,000 direct from a retailer. Once you own a timeshare, there is a reason to own it. There is a reason your neighbors bragged about theirs, and there is a reason you were inclined to purchase it to start with. Timeshares provide you and your family with a way to vacation without staying in hotel rooms. Timeshares provide a kitchen, living room, dining room, and seperate bedrooms usually. Timeshares force you to think of and plan for your vacation each year.. and a vacation is a time period spent away from work and friends, to be with family and create memories. Timeshares allow you to stay in luxurious resorts with swimming pools and activities versus staying in an economical hotel room that forces you to eat out at restraunts and becomes constricting and frustrating.  

Many people complain about the maintenance fees for example. They want to sell their timeshare because they are tired of paying that $600 per year maintenance fee. Well.. lets see. If you book a hotel room for 7 days in a hotel on the beach, you are going to pay just about $600. You will eat your meals out. You will be cramped in the room with the whole family, and noone has any privacy at bedtime.

I guess my point is that there are so many people on the internet complaining about being "suckered" into buying a timeshare or feeling like they paid too much, or even just simply not wanting to tell their friends they bought one, and the trend goes towards trying to sell it for next to nothing. I just wonder if you really stopped to think about what a timeshare is and the reasons for keeping it while you are in the middle of trying to find a way to sell it.

If you truly are not able to use it anymore then yes, go on and try to sell it. But if it is just that you dont WANT to go on a vacation every year with your family, then you NEED the timeshare!

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