Original Message:
Re: We are thinking about a Timeshare Purchase, whats your honest opinion??? (by Lance C.):
rogerf39 wrote:They are not an investment, they are an un-pluggable money drain. Use rentals from Redweek, VRBO, airbnb or other reputable rental sites. Yuo may pay a few dollars more but there is no longterm commitment. This way you will never have to face the frustration and expense of trying to get rid of a timeshare somewhere down the road of life.
Yes, I'll agree that renting, even if you have to pay a few bucks more than the maintenance fees, renting is a good option and alternative if you are unsure or do not want a long-term commitment or headache of getting rid of it down the road. I will also partially agree that they are not an investment if you are looking to flip it for a profit later on down the road.
However, some owners do feel that timeshares are a good investment in the accommodations for their vacations if they can get the place they want at the time they want. They are able to go to their favorite places for less than what they would pay for rental of either a timeshare or hotel room. Again though, it depends on location and time of year.