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Old 06-26-2007, 10:27 AM   #40
HemiEd HemiEd is offline
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Join Date: Dec 2004
Location: Ozarks
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Quote:
Originally Posted by Sure-Oz
I do not know much about them to be honest, i just know her dad is wealthy and probably can afford the maintenence fees. i think we'd just pay for the trip or whatever nothing directly with the tiem share
Her Dad doesn't fit their normal demographic, from what I know. Unusual, since most wealthy people can buy their vacation spots outright. They usually prey on vacationers, during their vacation. High pressure, well set up sales mechanism. They create a lot of urgency, since they only have a few left.
You pay a large up front cost, then the annual maintence fee is about what it would cost you to rent "your time share" that the company is renting from an owner of the property.
The biggest rip off comes when you want to sell it. They charge you a substantial listing fee, then they don't sell it. Why would they? They would just sell a new one, and keep all the revenue, since their is no actual limits or property involved.
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