Why people want to sell timeshare at ebay so cheap?
2007-03-25 06:23:26 · 6 answers · asked by moonriver 1 in Business & Finance ➔ Renting & Real Estate
it is the downpayment. read the whole ad.
2007-03-25 06:25:58 · answer #1 · answered by holeeycow 5 · 0⤊ 2⤋
Well, first the fact that a timeshare, or anything else is listed at a certain price, doesn't mean that it will actual sell at that price.
But, timeshares carry significant costs beyond the cost of purchase, and sometimes owners get in over their heads and want out of the annual maintenance. Plus, sometimes, those timeshares you see listed aren't free and clear. In addition to maintenance costs, they may have loans which need to be paid. So, for the owner who buys a non-appreciating asset like a timeshare, getting out at any cost is a bargain. Heck, sometimes, the owner would actually pay you something to take this problem off his/her hands.
2007-03-25 06:29:12 · answer #2 · answered by Still reading 6 · 1⤊ 1⤋
Because they want out.
Timeshares are NEVER EVER a good investment. They are sold by high pressure sales people who are worse that used car sales people working at a "buy here - pay here lot". They lure you in with the promise of gifts such as tickets to Disney World or whatever "just for reviewing their so called package".
2007-03-25 06:28:41 · answer #3 · answered by Sven B 6 · 2⤊ 0⤋
It's not the downpayment.
People desperately want to get out of paying the yearly maintainance and taxes on the timeshare, and are willing to lose their investment in it for $1.
2007-03-25 10:45:45 · answer #4 · answered by Quixotic 3 · 3⤊ 0⤋
i think of many of the people bought the products in bulk from a producer internet site or some thing of the variety and that they get them greater value-effective for procuring that way. they are waiting to get the article at value. in basic terms like the shops. They get it at value and up the cost a sprint and that they are nevertheless waiting to make a income. different anybody is stealing from shops including Walmart and merchandising them on ebay. I in basic terms observed on the information a pair of couple who took they are childrens into objective with them and stole merchandise. the government of the keep took it upon himself to persist with them domicile. while they have been in the domicile he appeared into the storage and there replaced right into a extensive pile of toys nevertheless in the bins. the people have been merchandising the merch.on ebay and now they are procuring and merchandising intercourse for secure practices in penitentiary. Ha ha. It replaced into on Dr. Phil.
2016-10-19 21:24:44 · answer #5 · answered by Anonymous · 0⤊ 0⤋
don't listen . the first guy was right. It is just a down payment. There is property on ebay for 1 dollar.
2007-03-25 07:58:17 · answer #6 · answered by chris g 1 · 1⤊ 1⤋