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Re: Why Buy a Timeshare? (by Bruce K.):

Wow, Carvana, you took my post way too seriously. My facetious point was to show that with a tiny 1% return after taxes, you're better off with a pay as you go approach. I thought Madoff was locked up, as I'm not aware of a fixed 5% rate of return after taxes.

We did not buy our TS as an investment either. We were sucked into the ROI pitch, as we did not want to spend $500/night. It turns out we're spending that anyway and have a very inflexible vacation vehicle. We also liked the "forced" vacation concept, where a TS makes you go somewhere every year versus procrastinating and end up driving somewhere local or staying home. But it was not worth it for us. Our memories are just fine taking vacations that don't siphon our bank account.

No idea why you had to go into a deep tax analysis and to call me confused. Again, my point was a $30K purchase price turns into $3K. And yes, at tax time, you'll only see 1/3 of that $3K as a reduction in your tax liability.

The point of this forum is to say pro or con on buying a TS. You obviously didn't like my response and went on the attack. Don't reply back, as I know where you stand.

Timeshares can be a waste of money and are not even easy to get out of. It can be impossible to even give it away, which is scary for many people. I certainly am concerned about willing this to my kids, as who knows if the TS will end up being a nightmare for them.