Feel like you could get a better value by purchasing a timeshare ? This is a fairly common question, and the answer is it depends. It depends on how often you vacation. It depends on your desire to frequently vacation in the same location. It largely depends on your disposable income.
Timeshares can be valuable, but they should never be viewed as investments. The price of new timeshares do go up each year. It is a very different view from the resale market where timeshares can be sold for 50% less than the original purchase price. Only a salesperson would tell you timeshares are an investment, and only in locations were it is not illegal to do so.
A timeshare may be a valuable asset even if it is not purchased as an investment. There are numerous reasons why people like timeshares. They may like the location of the resort, or they may like a particular feature of a resort. Timeshares can be more economical for larger families.
Timeshares may not be a good value for those who vacation annually or less. Do you really want to go back to the same place if you only take one vacation a year? For some the answer may be yes, for most the answer is no. Timeshare exchanges would not be common if everyone wanted to vacation in the same location, vacation after vacation.
Again, timeshares are not investments. Timeshares are a bad decision for families with a limited budget. It is easy for families to forgo a vacation when the budget is tight. A timeshare costs money every year, regardless of your use.
Some people love their timeshares, and you may become a timeshare fanatic. Just keep in mind that it is very easy to purchase a timeshare, it is a bit more difficult to get out of one.
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