Report Abuse

May Newsletter Q&A: Second Market Timeshare Owners 'Caught' By RCI

[Q=tsauthor] WOW. This discussion has gotten heated! For those of you who do see the value, can afford it and will use it however, timeshares still remain one of the best ways to travel. Buying on the secondary market offers the best of all world in my opinion.[/Q] Unless, as the thread OP said, they try to dilute what you are selling, or buying. Buying on the secondary market does offer the best because of the potential 80% or more savings. But what happens if you can't get your week, or you can't get oceanfront even though that may be what you bought, because your "priority" is not what the sellers was? The OP mentioned something like that. Remember a year or so ago when RCI when got caught renting the heck out of those weeks and people couldn't get what they paid for, their own week they supposedly owned? They got caught. Renting them was *much* more profitable for RCI than giving a longtime owner what they had paid for. I imagine the discussion went something like "why should we give that to someone for their $75 or $150 trade fee when we can rent it to someone off the street for $400." They had a conflict of interest. That kind of stuff pervades the timeshare industry. You can pretend it's not there but it is. You trade your week off and that week is more likely to be rented, and you just try to get a week that you want for trade. That can be very difficult. Offer them $2000 and see what is available!