Pierre LePen wrote:
>> As to timeshares, yes they are best avoided unless you're going to
>> actually use the timeshare that you bought yourself. Other than that,
>> they are almost always a terrible deal. By the time you pay the yearly
>> fees, the exchange fees, etc., you can rent a condo in whatever location
>> you're going to for less.
>
> Right on - especially if you post a query for one to newsgroups!!
Amusingly, you often end up renting someone's timeshare!
My wife's co-worker has a timeshare at Lake Tahoe, near Heavenly, on the
Nevada side. The management company rents out units for the owners, and
the price keeps falling the closer you get to the date you want. Two
weeks out, we paid 1/2 the "normal rate" which cost us $150/night for a
three bedroom/two bath unit that slept ten people. If we had waited
until a week before, the price would have fallen to $100/night. Since it
was between Xmas and New Years, we didn't wait until the last minute.
Scams such as the one that the spammer is promoting will use the "normal
rate" or the rack rate, which virtually no one ever pays, and claim to
save "members" a significant amount off of that rate. And it's true,
they are able to get rates well below rack rate, but anyone can get
those rates without paying some scammer $3000. |