Hello....I am new to this forum and am definitley glad i found it. My wife and i just spent a few days at Shadow Ridge in Palm Springs. We had a great time and at the end of the trip we sat through our 2nd presentation. My wife and I felt pretty good about what was presented and decided to take the plunge. No previous knowledge or timeshare experience. Goal is to get a set vacation every year with the Fam.
Here is what we got on 9/28/2013...
3500 Marriot Vacation Points
$995 back in encore cash
$7,000 knocked off the price
100,000 Marriot
Total Price all in was $35,000....$1500 MF/$175 CD YR....Did Finance, knowing i will be seeking a different financing option ASAP.
Rate is horrible (10.99).
I felt fine about this at the time but am starting to second guess and was hoping the experts on this forum could assist.
Questions....
1. I know i paid a premium, but how much of a premium did i pay? Can i threaten to cancel and get a better price?
2. Will i have issues getting what i want for 3500 points? Goal is basically 1 bedroom in Hawaii for 1 week. I went over the chart and seems we can get that.
3. After some research i am worried about inventory... i read about tiers and premium status and waitlisting (not explained to me)..... If we are diligent about booking a year in advance will we most likely get our week or will i have issues? Of course the salesman said it will be a breeze, no issues.
If i look at the numbers i will pay roughly $6k -7k a year for 10 years on Vacation accomadations that would normally cost me $4k-$5k. The next 10 years i will make up my cash, then at year 20+ i will have a great affordable timeshare
I like the flexability and ease the program presented and i am willing to pay a premium for it (not overly concerned with bottom line price just don't want to get burned on price) but if it is truly not that, i want out and will cancel ASAP.
Thoughts???
Thank you in advance for your help!
Here is what we got on 9/28/2013...
3500 Marriot Vacation Points
$995 back in encore cash
$7,000 knocked off the price
100,000 Marriot
Total Price all in was $35,000....$1500 MF/$175 CD YR....Did Finance, knowing i will be seeking a different financing option ASAP.
Rate is horrible (10.99).
I felt fine about this at the time but am starting to second guess and was hoping the experts on this forum could assist.
Questions....
1. I know i paid a premium, but how much of a premium did i pay? Can i threaten to cancel and get a better price?
2. Will i have issues getting what i want for 3500 points? Goal is basically 1 bedroom in Hawaii for 1 week. I went over the chart and seems we can get that.
3. After some research i am worried about inventory... i read about tiers and premium status and waitlisting (not explained to me)..... If we are diligent about booking a year in advance will we most likely get our week or will i have issues? Of course the salesman said it will be a breeze, no issues.
If i look at the numbers i will pay roughly $6k -7k a year for 10 years on Vacation accomadations that would normally cost me $4k-$5k. The next 10 years i will make up my cash, then at year 20+ i will have a great affordable timeshare
I like the flexability and ease the program presented and i am willing to pay a premium for it (not overly concerned with bottom line price just don't want to get burned on price) but if it is truly not that, i want out and will cancel ASAP.
Thoughts???
Thank you in advance for your help!