Comments on: To Timeshare or Not To Timeshare? http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/ Saving, Earning, and Investing Money Sat, 21 Nov 2009 00:22:17 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Aww Phuket, I’m Outta Here http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/comment-page-1/#comment-88556 Aww Phuket, I’m Outta Here Thu, 12 Jun 2008 14:02:20 +0000 http://www.lazymanandmoney.com/2006/10/13/to-timeshare-or-not-to-timeshare/#comment-88556 [...] - From Australia we’re paying out of pocket to get to Phuket beach. We’ll use our Marriott timeshare in Aruba and stay at a deluxe Marriott. We lucked out because we are able to trade a one bedroom for a two [...] [...] – From Australia we’re paying out of pocket to get to Phuket beach. We’ll use our Marriott timeshare in Aruba and stay at a deluxe Marriott. We lucked out because we are able to trade a one bedroom for a two [...]

]]> By: What’s Your Pampering Vacation Budget? | Vacation http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/comment-page-1/#comment-449 What’s Your Pampering Vacation Budget? | Vacation Fri, 15 Dec 2006 05:18:30 +0000 http://www.lazymanandmoney.com/2006/10/13/to-timeshare-or-not-to-timeshare/#comment-449 [...] As I had mentioned previously, I am going on vacation to Hawaii. As far as vacations go, this has the potential to be an expensive one. We are using the timeshare, so it feels like we are not really paying for a hotel, but we essentially are. The flight was a lot cheaper than expected since we moved from Boston to San Francisco. Still, I have to think that things are going to be expensive simply because so much has to imported. [...] [...] As I had mentioned previously, I am going on vacation to Hawaii. As far as vacations go, this has the potential to be an expensive one. We are using the timeshare, so it feels like we are not really paying for a hotel, but we essentially are. The flight was a lot cheaper than expected since we moved from Boston to San Francisco. Still, I have to think that things are going to be expensive simply because so much has to imported. [...]

]]> By: lazymanandmoney http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/comment-page-1/#comment-151 lazymanandmoney Wed, 25 Oct 2006 05:18:19 +0000 http://www.lazymanandmoney.com/2006/10/13/to-timeshare-or-not-to-timeshare/#comment-151 I'm not sure if you can count the yearly fees and the cost of transportation to timeshare. We'd have those costs and more on any vacation. I'm sure we couldn't sell it for what we bought it for, but considering that it's at least break-even now and it'll appreciate in value, I'd like to see a lot of hard stats to show why it is a big mistake. What if you bought and held for 30 years? I’m not sure if you can count the yearly fees and the cost of transportation to timeshare. We’d have those costs and more on any vacation.

I’m sure we couldn’t sell it for what we bought it for, but considering that it’s at least break-even now and it’ll appreciate in value, I’d like to see a lot of hard stats to show why it is a big mistake. What if you bought and held for 30 years?

]]> By: MOMM http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/comment-page-1/#comment-150 MOMM Wed, 25 Oct 2006 02:19:33 +0000 http://www.lazymanandmoney.com/2006/10/13/to-timeshare-or-not-to-timeshare/#comment-150 I do *not* think they are investment at all. Regardless of getting the tax write off from having a "second home" and interest payments, you still have yearly fees (which go up with inflation) and the added cost of getting to wherever your timeshare is located. Buying a timeshare was actually our first big money mistake (I'm writing a post about it now). We ended up selling at a HUGE loss. We didn't try to sell via our company though we could have. Buying one on eBay is the way to go - selling on eBay? You'll take a loss there too. I do *not* think they are investment at all. Regardless of getting the tax write off from having a “second home” and interest payments, you still have yearly fees (which go up with inflation) and the added cost of getting to wherever your timeshare is located.

Buying a timeshare was actually our first big money mistake (I’m writing a post about it now).

We ended up selling at a HUGE loss. We didn’t try to sell via our company though we could have. Buying one on eBay is the way to go – selling on eBay? You’ll take a loss there too.

]]> By: Empty Spaces http://www.lazymanandmoney.com/to-timeshare-or-not-to-timeshare/comment-page-1/#comment-85 Empty Spaces Thu, 19 Oct 2006 03:09:38 +0000 http://www.lazymanandmoney.com/2006/10/13/to-timeshare-or-not-to-timeshare/#comment-85 i think its a scam. i've been meaning to post a blog on it but haven't gotten around to doing so. i'll get right to it!..... i think its a scam.

i’ve been meaning to post a blog on it but haven’t gotten around to doing so.

i’ll get right to it!…..

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