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Of course, it is correct that they were never a good deal as an investment. But even as a vacation ownership, they have totally lost their value, because maintenance fees have gone up so high. Initially, we bought from the developer before there was a resale market. But by now, so much information is out there about this, that anyone who did a little checking before buying would know not to pay those prices! [Q=jayjay] [Q=annetter60] I don't believe timeshares have been a "good deal" since the early 90s. they had a brief heyday, then started a steep decline in value around 1994. I had bought one in 93 that I sold in 97 for less than half of what I paid for it. And of course, it has gotten worse. They are now worth literally nothing on the market. Yet when I go for a vacation, I see people still buying them from the developer at ridiculous prices. I really don't understand that!![/Q] Timeshares have never been a 'good deal' as far as an investment no matter what a timeshare salesperson may have told you. Buying a timeshare IS an investment is future vacations in luxury accommodations ..... that's ALL they are. Never, ever buy from a developer ..... buy on the resale market. In this day and time with the internet in almost every home it behooves me that so many people will sign on the dotted line without researching timesharing to the ultimate degree, BUT they are on vacation and are caught up in the moment when a developer salesperson presents all the bells and whistles of a luxurious resort, the accommodations and the amenities. I know first hand as we bought our first from a developer sales presentation at a luxurious resort that we later sold for pennies on the dollar.[/Q]