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Re: Why Buy a Timeshare? (by Charles S.):
Bruce,
You did not include that you could take 2 weeks in Hawaii instead of one. I have a two bedroom lockout. I have stayed in Hawaii for two weeks with my maintenance fees. That breaks it down to $110/day in that the maintenance fees are actually $1550 for the year right now. Our if you don't need both sides, you could do what some smart people do and rent out one side and stay in the other. That is another tip. Or you could rent one side and use the other side for a different local. In any event, knowing how to use your timeshare is key. If you are going by today's market, yes you will see more rentals that are cheaper, but heck the stock market has gone down too. The rates on stocks aren't what they used to be. We will see how things are when the economy recovers. In the meantime I would suggest that you explore ways to get the most out of what you have. I love Ko Olina and I go pretty much every year. It is a great place to visit all of the time.