Talk of The Villages Florida - View Single Post - Who has a Timeshare AND IS enjoying it???
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Old 07-14-2023, 03:09 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by dewilson58 View Post
The key word is WEALTHY.

Example:

Initial buy-in $25k to $35. (there are more, there are less)
Gets you one week usage (annually) at any of their locations.
Annual fees $2k. (there are more, there are less)

So if you use it for 10 years you have paid $50k to $70k for ten weeks of vacation in a condo......full kitchen, two bedroom, living room, with resort grounds.

So to wealthy people..............fifty grand, nice place to stay...........why not.
The key word is frugal. A frugal person would never buy a timeshare, unless they were the victim of a high pressure salesperson. I would never buy a timeshare.