Why do people STILL purchase timeshares?

Question

Isn't it obviously the biggest lifelong rip-off, after Bose, Sleep Number and other products that refuse to publish their prices?

Answer 1

They still purchase them because they think it is perfect for them. The advantages outweigh the disadvantages in their way of thinking. That's what makes the world so interesting. So many people have totally different ideas about the same things.

Answer 2

They are a toy for rich people, if money is your problem then timeshare might not be for you.

This system makes vacation home ownership possible for many people who cannot afford a second home or who otherwise would not be able to enjoy such RESORT facilities. It is important to remember that purchasing timeshare SHOULD NEVER be viewed as a FINANCIAL INVESTMENT with the expectation of gaining a profit in either reselling it or renting it to someone else. Timeshare is an investment in LIFESTYLE, in future holidays, in FAMILY TIME , and when viewed that way it can be a good investment indeed.

Answer 3

Many of the original time shares were a method of having several places to choose from for vacation possibilities. The idea of purchasing vacation time in weekly increments made sense. Golfers purchased golfing destination timeshares; boaters had marine timeshares,etc. The biggest drawback had to be the inability of getting reserved time at a specific location, on top of which , service charges for linens, clean up ,etc never came into the picture at sales time.