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Re: Starwood (SPG) Timeshare (by Robin A.):

jenniferc190 wrote:

I am interested in purchasing the Westin Ka'anapali Ocean Resort Villas. I am fairly new at the timeshare concept and will appreicate all opinions. I am quite impressed with the SPG program and am already a gold member.

I am wondering if I should wait for the North Villas resales to become more available or purchase "pre owned" ones on the existing buildings. I am also wondering if I am better off purchasing the "resale" ones from the developer. I do realize that the price will be higher the then general resale market but it may offer some perks that I may be interested in. Also, I find the annual fees + taxes being almost $2000 is quite high, I am wondering if I am better off just renting. Thanks for you thoughts on this.

I personally am very fond of owning a timeshare but to spend $2,000 on annual fees & taxes is too high. You should only spend $400-$800 on a 5-star resort with annual maintenance fees. But if you have your heart set on this resort, then look for a resale online and forget the perks.

Besides if you trade-in with RCI, they'll give you bonus weeks. Take those and go on another trip, sell or give-away as gifts or sell at your cost. It is an extra blessing to share with others.

When you don't own a timeshare, you are more likely to skip vacation for a few years because you could use the money on something else. Owning a timeshare (at a resonable rate) forces 'us' to invest in family and take a vacation. Not to mention, having a deed to the property that can be handed down to the next generation and so on. You eventually will get back your investment and then some.

Though I perfectly understand investing your money by other means. Why not find a timeshare that's red week (floating) - no points, Atlantic Coast or wherever else, (3) bedroom, sleeps 10, many amenties, washer/dryer, spa, lazy river, etc...

The point is: You can really get a 5-star resort for $20,000 resale online that will trade very well and give you many kick-backs as well; such as trade-in to RCI and get two weeks instead of one. Sell one/use one, sell both or use both. Then take the other $20,000 and invest it in Wal-Mart, Best Buy or Home Deport, etc.. investing in something that you believe in and buy from; even back into stocks for Marriott or something.