Buying a timeshare may seem like a discounted luxury thanks to the high pressure sales tactics employed by timeshare resale agents. You may go into a timeshare presentation with the specific intent to decline whatever offers they throw your way, but the minute they slash the price in half, you immediately get roped in believing you got a deal no one else got. It's not until you end up at your second presentation (you won't give in; you just wanted to free concert tickets) that you realize the slashed prices are just part of their sales tactics to help seal the deal.
If you are contemplating buy your first timeshare or maybe even your second, it's important to ask yourself some very important questions to help you evaluate your timeshare options and see if buying a timeshare (or another one) is even optimal for you.
1. How much are willing to spend up front? Think of it as a down payment on a house. However, the difference between a house and a timeshare is that a house appreciates in value where as a timeshare is a depreciating luxury.
2. How much are you able to spend on yearly maintenance fees? Are you okay with the fact that those fees will probably go up every year as the value of your timeshare continues to depreciate?
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