Quote:
Originally Posted by dewilson58
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.
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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.