Is RCI a good place to buy Timeshare?

We attended today and said that if we will purchase after the presentation, the $10,875.00 share will be reduced to $6,750.00 that is only a one shot deal and we could use it for the rest of our lives.

The only charges that we will be paying every year will be like $260.

They said if we will not purchase today and then later decide to go back then we will be psying for $11,000.00, NO DISCOUNT.

Is this really legitimate?

Anytime someone says that it is only good for this moment run as fast as you can. They try to prerssure you into buying something you can get for pennies on the dollar if you shop around.

No, it's not legitimate .... it's all BS from a resort developer sales person. You can buy the exact same product on the resale market for pennies on the dollar. Until you have researched the subject of timeshare ownership backwards and forwards and the ins and outs then I recommend that you do not purchase until you are well informed and educated on the subject.

BTW, RCI doesn't sell timeshares .... the are merely a timeshare exchange company.

ginnyv8 wrote:

The only charges that we will be paying every year will be like $260.

Don't forget to add in (like the sales person did) reserve funds, property tax, and the occasional special assessment.

And those maintenance fees every year increase, usually faster than the rate of inflation, or IOW, at a rate higher or faster than your salary increases.