My mom got roped into buying a Wyndham timeshare on a trip and procrastinated herself out of the grace period. Is there anything she can do to get out of it now?
My mom got roped into buying a Wyndham timeshare on a trip and procrastinated herself out of the grace period. Is there anything she can do to get out of it now?
I’ve heard a lot of shit about timeshares, but is it possible to get a good deal on one? Does that require someone to actually pay you to take it from them (are they THAT bad, really?)?
Sat through a pitch. Their last ditch “Alright, I got special permission from my manager for this” price was like 1/4 their initial price, and even then just the additional maintenance fees alone was more expensive than just booking a room once a year.
Wow. What a horrible markup.
Yes, take the special offer to hear the pitch, and never buy.
They get so mad lol. I did this once, and when the guy realized we never intended to buy, he said “Never come to one of these again”. And I was like, “Stop sending me free vacation offers then!” (at least that’s the comeback I came up with a few days later)
We have only done it once, and the people were pretty cool about it. A couple quick last minute pitches and we were out the door.
Yeah, they did keep cutting the price to try to get us. The last offer was half the price of the one before it, which just made me think “if you can offer this, how much of a rip-off must the original price have been?”
It’s heavily dependent on the specific contract, but if you like to Vacation at the same location every year or most years it can work out better than having the even greater cost of owning a full blown vacation home. You can also iirc rent out your slice of the time share if you don’t or can’t make it a specific year (Contract dependent, you really have to read the contract you sign if you even want a sliver of hope of getting a decent value out of it)
Could you put it up on AirBnB?
She lives near a nice beach already and it’s the point timeshare.
It generally isn’t. The few that are worth it are places you will visit over and over again for the next generation.
They’re that bad. Maybe there’s a good one out there, but why risk it
if there was a good one, they wouldn’t need gimmicks and scams to sell them.
The good ones don’t use those tactics, I’m assuming.
If there are good ones.
Some people who are stuck with timeshares will book rentals and resell them just to recoup some losses.
I forget the site but there’s one where you can basically sublet a rental. I’ve never done it cause it seems sketchy AF
It’s pretty cheap to buy off of ebay.