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Timeshare questions
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Question: Hope someone here can help me
We went to our first Timeshare session the other day, and it was
interesting.
They are a member of the RCI group,. and you get points to spend over the
year
Your place is worth so many points, and the places you stay are worth so
many.
Peak season is more points, slower times are less points. Blah blah blah
Has anyone here been involed with them? They state that they are part of
3700
resorts in 93 countries, so i figured that here would be a good place to
look.
We did manage to get away from the session without buying, as we will not
commit to anything until we have researched it as thoroughly as we can. But
we
were quite interested, as we enjoy travelling as much as possible.
Anyways,
if you have had any experience with these guys, or something similar, please
email me or reply here.
Answer: I'm sure you'll get many negative responses, but we have owned a T/S and
been a member of RCI for over 10 years. Lots of info about it but just
to summarize:
It is not an "investment". You will average spending $65-100 per night
for it whether you use it or not.
It requires a good deal of planning ahead. If you think seriously about
buying one, look into resales. There are lots of them and almost all
open to bids. That indicates to me that a lot of people buy them that
do so based on sales pressure.
Now the good parts.
If you like to stay in luxury and comfort then it is perfect. There are
some very plush ones.
RCI has a lot of options to trade. We've done it many times, in fact
going for a week on 2/22, another week down by Carmel CA at the end of
April, then a month in Hawaii next year. We like it obviously. It is
nice to be able to walk in a place, pick up a key, stay for a week in
fully equipted condo then drop the key off again and walk away without
any money changing hands.
Let me know if I can tell you more. You will hear you can stay in a
nice hotel for less and that is basically true, but there is a world of
difference between the two options.
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