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Re: Who is still buying timeshare in 2024? (by KC):

adams589 wrote:

I am curious as to why anyone would want to purchase timeshare in 2024.

In NO year is it ever smart to buy ANY timeshare directly from a developer, which is the example that you cite above (and in Mexico, a timeshare does not even involve any actual ownership in the first place; it’s only a RTU (right to use) contract, which is really nothing more than a grossly overpriced “membership”).

There are other timeshare purchase options besides obscene developer pricing. Buying weeks (not points, not RTU contracts) in the secondary (resale) market at prices 95+% LESS than developer pricing can be a great way to buy into guaranteed future vacations at affordable prices. We have done exactly that for nearly 30 years now, owning and using and enjoying several different timeshare weeks, all of them purchased “resale”.

You legitimately question ONE (unwise) timeshare purchase option (buying developer direct), but there are other options. It is a very incomplete picture to look at only (unwise) developer direct purchases. There is also a resale market with very reasonable pricing — comparing those two very different purchase options is basically “comparing apples to oranges”. That being said, ever-increasing maintenance fees for any timeshare ownership is certainly a legitimate (and growing) concern for anyone considering the acquisition of a timeshare, regardless of the source of the purchase.