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Original Message:
Remembering why you bought your timeshare! (by Phil L.):
lancec13
What I'm saying is yes many are having hard times and need to get out of the timeshares but many just want out because of all these forums and the complaining and now feel cheated and want out and many expecting to sell for the price they paid. These same people would be better off going back and enjoying their timeshare like years earlier when they bought it. Many of these people would want to get their money back now and then buy same resort for cheaper price. When we sold our Mexico condo in 1986 we went to the tour at the Ridge in Lake Tahoe to buy our unit because we had already spent time visiting the resort and loved it. The Tower building had just been completed and we bought for $18000 [Developer} and seven years later sold it for $15000 dropping $3000 but having seven great vacation there and Maui and Orlando (before it was over built)and Cancun plus four years up at Lake Tahoe. When we came back we bought The Ridge Tahoe Resort again and only paid $7500 and the price difference didn't change our thinking one bit. We enjoyed our vacation time when it was $18000 and when it was $7500. My point here is that owners have bought their unit and must have loved the resort so stop complaining because now you feel scammed and lied to and go back and enjoy your vacation and forget how much you paid. Like my earlier post stated in the ten years out of timesharing we spent more money in hotels/food than we paid for our timeshares and spent less time there! Because of the high price tag we also took less vacations and more weekend trips to Reno/Tahoe.
Vacations are up with jobs returning and because of all the troubles around the world America is becoming the number one vacation spot again. I have stated this before that if the timeshare business could stop renting we would all be better off. Renting has become race to the bottom on prices. Exchange companies would again get all the best locations so owners would re-join these companies like II and prices would stop falling on timeshares. With the prices falling we get places like Redweek/Tug with pages of renting ads and owners having to play the lower price game to the point its not worth the money or time. If this isn't bad enough you have places like E-bay or Craig's list even dealing lower prices.
When we bought the subject of renting your week never even came up as you were buying a unit for your family vacation and if you wanted to travel then you could exchange and go to new places. Our first four exchanges with II we had our first choice within weeks of signing up Like Hawaii twice, Orlando and Cancun all in five star resorts and now you wait a year and get down to your last choice or one you didn't want. Renting has hurt timesharing more than anything else. Phill12