Eh, you're paying for a place to park your boat in between outings on vacation. I doubt most people use timeshares for the same reason lol.
There's a guy that comes to all the local anime cons and mainly scouts out girls to sign up for his porn agency and one of the girls he was with told him "I want that one, give him a card"
And he'd get paid, and the exposure would have given him a career to be proud of.
Don't forget money.
Key word driven. I don't drive. 2.5 by car is about a 10+ hr non stop bike trip, lol; then gotta get home
Should've been like you better give me a ride too
Hell man, Greyhound bus ride of that distance is only like $20-$25 with return trip pricing around $18-$20.
but any way you look at it, wasn't realistic. Would prob have to go there and apply first, then come home get called back, etc. Would probably take 3 trips up there before anything ever happened
I don't see a problem with going to the same place for vacation every year, just so long as you actually enjoy it. I'd love to own a cottage and spend all my yearly vacation going there, fuck if it's close enough I'd prolly go there on the weekends in the summertime too.
As to the money, it may or may not save you. If you want to go to Orlando once and don't care about the place you stay at, then yes timeshare is a complete waste of money. If you want to go to Orlando every year and want to stay at a Disney-owned location (many of which run you about $400 a night), then you will ultimately save money (~15 years if you are buying new really fast if buying resale) staying at it through the timeshare vs. just renting a stay there. There is also the gamble of whether your kids will want the timeshare meaning they will save money right off the bat.
But again, not everyone cares as much where they stay. The timeshare I grew up in has a lot of nostalgia value, but right now it's cheaper to rent it then pay the maint fees ($100 a night for rent, but $900 in maint fees). But that is for that particular timeshare. With that said, one we have always wanted rents for $294 a night but the maint is $800, meaning it would be cheaper to own it if I wanted to stay there.
And keep in mind that if we don't want to go to FL one year we can either bank it, or trade it to a different location/week.
Can I find a place that will cost me less than $800 for the whole week? Yes. Will it probably be 2 bedrooms with a kitchen? Most likely not. Do I like having a nice big space when relaxing on my vacation and a full kitchen so I can then save money on food? Absolutely. Therefore it's worth it for me. It might not be for you which is 100% understandable, but it is not a waste for everyone.
*rent values are based off expedia/hotels.com for July. I chose which ever came up cheaper.
My understanding is that as long as you actually use it every year, timeshares are not a terrible deal. The ability to do that, though, is contingent on being able to coordinate a block of time (pretty far in advance) when you can go on vacation every year. Additionally, it eventually becomes kind of a toxic asset because the things are impossible to sell and your kids are going to grow up some day and there won't be family vacations anymore.
Timeshares make profit because the vast majority of timeshare owners do not use them, either because they can't make time or their kids grew up or for the same reason people still pay for AOL.
Also, you gain no equity unless you take out a lolmortgage. You are throwing money into a hole to go to the same place.
It's fine, it suits you, that's great.
Everyone that buys a regular vacation home in the same place? They have two giant benefits in addition to going to the same place which they love.
1) You are gaining equity and improving your financial situation.
2) Even if you NEVER use it. You can a) rent it b) use it as collateral c) watch the real estate prices creep up and eventually sell at a much higher rate of return than a Disney Vacation share.
And the other bonus is for those with busier lives it forces them to make the effort to plan. I feel bad for my kids this Christmas break. I took them to DL once and that was the extent of really going anywhere. We mostly sat around the house, or they went to preschool, and we visited family/friends a few times. But we really didn't GO anywhere. This is my fault completely. But I know that if I have timeshare, I will want to get the full value of it, and will make sure to plan it every year. Even if I spend more than I would have, it's worth it because it means my kids will get that vacation. I am so thankful my parents did it for us.