Post reply
Original Message:
Re: Marriott Vacation Club point system (by Sam):
Just came came back from Sales presentation at one of the Marriott Vacation Club. Me & I wife would have to be extremely dumb and gullible to give even a dime of our hard earned money for this "Time share ownership" or "Destination Club Points" ponzi schemes. They offered us $17K initial cash down ( with all sorts of finance and credit card options LOL) for 1000 points and 81c per point maintenance ( ie $800/year) uncapped, meaning, maintenance can keep going up year after year. With Timeshare week ownership, they atleast provided some "smoke and mirror of ownership" for "one week" at a fixed/float property with a scam deed. With Destination points, you own nothing! They now have 700,000 suckers into this scheme/scam and keep adding at the breakneck speed. Good luck finding any room anywhere to book in two years with points. Stay 100 feet away from these scammers. Use the BonVoy points and be done or even cash to book. IT IS NOT WORTH all the hassles to book in advance, resale your week at half price, add more points, pay fees to vacation somewhere for a week. I am sure 50%+ people are not using this scam as promised.
TimeShare is best legal Ponzi scheme to take out all of the initial costs to develop any property and then unload on to unsuspecting people and then stick extremely high maintenance fees as profits for life.