What is a timeshare?

Indus

Lifer
May 11, 2002
10,384
7,023
136
I have absolutely no idea of what this is or how it works but I saw this in my YouTube feed


So what is it? Is it like a hedge fund stock market investment?
 

dank69

Lifer
Oct 6, 2009
35,575
29,269
136
It's a guaranteed 1 week per year vacation spot that costs $24,000 up front and a grand or two per year for maintenance. So $24K to avoid making reservations and a slight discount as opposed to just renting like a normal person. You'll have trouble selling your timeshare for $1.00 because the dollar is a bit more useful.
 

Zorba

Lifer
Oct 22, 1999
14,834
10,235
136
It's a guaranteed 1 week per year vacation spot that costs $24,000 up front and a grand or two per year for maintenance. So $24K to avoid making reservations and a slight discount as opposed to just renting like a normal person. You'll have trouble selling your timeshare for $1.00 because the dollar is a bit more useful.
The vast majority of timeshares are point based nowadays, so you absolutely still have to make reservations.

That said, the mx fees are nearly always far cheaper than an equivalent hotel would cost. I "rent" points from a friend where I pay his mx fees + ~15%. I can stay on Disney World property in a nice 2 bedroom condo with great resort amenities for about $900-1500 all in for nine nights depending on time of year.

The biggest issue with timeshares is you can't just get rid of them when you are done with it. You can buy points in the aftermarket for next to nothing, too.

I've known several people that it works out for, and I know many more that it doesn't. Personally I love having friends with extra points.
 
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nakedfrog

No Lifer
Apr 3, 2001
58,521
12,816
136
It’s hilarious and just oh so wrong at the same time.
When I first started watching it, I thought it was kind of like Seinfeld if the characters were awful people. I mean, worse than the characters in Seinfeld.
Uh, but in a good way? Well, a funny way. It's crazy to think it's still on, I only watched part of a couple seasons something like SEVENTEEN FUCKING YEARS AGO.
 

fskimospy

Elite Member
Mar 10, 2006
84,708
49,291
136
When I first started watching it, I thought it was kind of like Seinfeld if the characters were awful people. I mean, worse than the characters in Seinfeld.
Uh, but in a good way? Well, a funny way. It's crazy to think it's still on, I only watched part of a couple seasons something like SEVENTEEN FUCKING YEARS AGO.
It’s a show that’s really evolved over the years. I’m not sure if it’s better or worse but the characters in the current season are nearly unrecognizable from the first or second.

Basically they just decided to keep making funny shit.
 

sdifox

No Lifer
Sep 30, 2005
96,112
15,760
126
Mexican cartel will rue the day they crossed the timeshare sharks.

Ran into the timeshare people at Vegas when we were looking for show tickets. And it was a Sheraton timeshare...
 
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hal2kilo

Lifer
Feb 24, 2009
23,647
10,507
136
The free meals or stay ain't worth the nightmare of their sales pitch. I mean its a great product. They think it's a feature that your children can inherit them. Yea, the endless ongoing fees.
 
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