Report Abuse

Timeshare beware

[Q=tomf353]We would really like to try a timeshare but we hear so many scams and the cost vs a hotel is not that great....I really would like to hear why people do this?[/Q] The scams that you hear about are usually against current owners. If you are an owner, you can protect yourself by recognizing the elements of a scam. The other "scam" that some people consider a scam is the sale at a sales presentation. If you want to buy something, after doing weeks (or even months) of careful research, then buy one of the many resales available rather than one from a sales presentation. If "[you] would really like to try a timeshare", then a good option would be renting from current owners. There are many rentals available and some for less than what the owner is paying in maintenance fees. Very rarely is there a scam against people wanting to rent from an owner. The scams are usually against the owners themselves. And as for comparing the cost of a timeshare versus renting a hotel, it all depends on your tastes, needs, and finances. While renting a hotel is usually cheaper than renting a timeshare (or paying timeshare maintenance fees), many vacationers like the space and facilities of a timeshare such as full bathrooms, bedrooms, and kitchens as well as the facilities at the resort. Some don't mind paying the extra for such facilities, some prefer to have a basic motel/hotel and save a few bucks per night. Again, it's all personal tastes, needs, and circumstances.