Timeshare sales price recommendation

[eturner]

Hello, I have a timeshare with Club Viva (one week per year) that is interchangeable among seven resorts (Viva Wyndham) in Mexico, the Bahamas and the DR. There are nine years left on a 30 year contract and since no weeks were ever used, there are 30 weeks available over the remaining 9 years. The yearly maintenance fee is $560. I've contacted Club Viva and they are not able to provide any assistance. Would anyone care to offer suggestions for what this might be worth? Thanks.

 

[tschwa2]

Probably less than the transfer fee it would cost to transfer it to someone New. My guess would be an all in cost of $0-1000 if you were really lucky to find the right person. If the resorts are mandatory AI with a cost of more than $100 per person per day the all in cost someone would decrease depending on the AI fee.

 

[TUGBrian]

sadly this sounds like a vacation club vs an actual timeshare..there tends to be no resale value on those unfortunately

 

[Centurion]

Did the Club indicate that they would allow you to cancel the remaining 9 years? If you let them keep the unused inventory perhaps they will allow you to walk away? It beats paying another roughly $4500 in fees over the next 9 years if you know you won't use it.

 

[eturner]

Did the Club indicate that they would allow you to cancel the remaining 9 years? If you let them keep the unused inventory perhaps they will allow you to walk away? It beats paying another roughly $4500 in fees over the next 9 years if you know you won't use it.

Haven't brought this up to the Club yet but appears to be the best option. Thanks all.