Originally Posted by
linsj
It sounds like Hilton is financing the purchase for you. Don't do it! You can buy resale for a fraction of the developer's price. To learn about the program and ask more questions, go to the Hilton forum at TUG, the FlyerTalk for timeshare owners:
www.tugbbs.com.
FYI: I'm a happy HGVC owner who gets a lot of value out of it, but it's not for everyone.
Originally Posted by
particlemn
The total payments for this is $204,000.00
that seems a littel expensive for a time share and it miight just be cheaper to pay the rack rate, lest say a week in HI costs 3400 for hotel. okay this may be high but its 2 months payment listed above. so for the cost of the time share you could go 204000/3400= 50 trips.
time shares are a great deal for the developer not for the consumer. if they were a great deal for the consumer we would be seaking them out rather than having them court us with sweeheart offers to come and view.
The idea they promoted is you will own part of the property instead of renting. Staying in a hotel will left you with nothing. However, the return for this investment is not very attractive.
Last edited by skybridge2; Aug 24, 2011 at 9:35 am