[dewilson58]

For those who have one and are enjoying.

[rustyp]

Originally Posted by dewilson58

For those who have one and are enjoying.

Why own a timeshare with plenty of Airbnbs available ?

[Stu from NYC]

The folks who sell them sure like them.

We have considered them and decided why tie ourselves down to one place and friends not easy to do an exchange of a week or two.

[oldtimes]

Originally Posted by dewilson58

For those who have one and are enjoying.

Maybe if you had asked it more clearly...

[OrangeBlossomBaby]

We have friends who have a timeshare, with locations in Florida, Vegas, and a variety of other states. They go every year and really love it.

[dewilson58]

Originally Posted by OrangeBlossomBaby

We have friends who have a timeshare, with locations in Florida, Vegas, and a variety of other states. They go every year and really love it.

We have a friend (I know that's shocking) who are with Hilton Grand Vacations.
"You" really don't own one unit or one location.
They have hundreds of locations (not the hotels, jus resorts).
"You" can book your location 9 to12 months out, then at 9 months...it's open to all to reserve.
Fairly user friendly site.
They are enjoying the gig.

[dewilson58]

Originally Posted by rustyp

Why own a timeshare with plenty of Airbnbs available ?

Not many RESORT Air's.

[MrFlorida]

The only problem is the maintenence fees that constantly go up every year.

[retiredguy123]

Originally Posted by dewilson58

We have a friend (I know that's shocking) who are with Hilton Grand Vacations.
"You" really don't own one unit or one location.
They have hundreds of locations (not the hotels, jus resorts).
"You" can book your location 9 to12 months out, then at 9 months...it's open to all to reserve.
Fairly user friendly site.
They are enjoying the gig.

Semantics. With a timeshare, you don't own a unit either. Hilton Grand Resorts is just a clever way to market timeshares. The difference between buying a timeshare and buying a condo is that the timeshare will decrease in value, but the condo will increase in value. I would rather rent a hotel room or a condo when I want one.

[njbchbum]

We own the Disney Vacation Club version of a timeshare and love it! Family members we get to gift vacation weeks to love it also! And if we don't want to go to a Disney resort, we can swap out with an RCI resort property or use the points for a Disney cruise or an adventure trip like Alaska, too! We sponsored a 13 member family reunion in DW a couple of years ago - 3 Villas and 2 Studios and prepared a homemade Thanksgiving Dinner for all - it was a grand time going to the pool before n after dinner instead of bundling up in the cold!

[Eagle06]

We own with Marriott Vacation Club (MVC). Our ownership is based on points and not specific weeks. Now that MVC owns the Sheraton, Westin and Ritz Carlton timeshares, we have even more choices when traveling. Timeshares aren't for everyone. We couldn't/didn't really take advantage of our timeshare while working simply because we couldn't plan a year out which is typical when reserving timeshares in highly sought after locations. Now retired, we are truly enjoying our purchase. We spent Thanksgiving Week in Vail, CO, 10 days in St. Kitts for New Years, all of February and March in Hawaii and had the entire family (kids and grandkids) together for a the 4th of July Week, our Annual Family Reunion in Orlando. I admit the Annual Maintenance Fees are high but the ability to pull the family together without burdening the kids with Hotel/Resort Bills is worth it to us.

[Kelevision]

I got one given to me when my mom passed away. I’ve only had it 2 years. Aruba. I went the first year to sign papers and check it out. It’s really nice and right on the water with a great view. 2 weeks. I ended up renting it out last year and was only looking to cover the fees but ended up making a little more on top. I would never buy one though.

[retiredguy123]

Note that, if you inherit a timeshare, you are not required to accept it. You can reject any inheritance. Many timeshares have negative value, in which case, you may need to pay a company to get rid of it.

[Michael G.]

Wife and I were just talking about that not long ago.
Everyone connected to finance business say don't buy one and yet
many of our wealthy friends all own one.
One has 4 that they own.................and these are frugal people with their $$$$.

What am I missing??

[retiredguy123]

Originally Posted by Michael G.

Wife and I were just talking about that not long ago.
Everyone connected to finance business say don't buy one and yet
many of our wealthy friends all own one.
One has 4 that they own.................and these are frugal people with their $$$$.

What am I missing??

They probably succombed to high pressure sales tactics.