rovertdude
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This last friday I took a trip to Las Vegas for my sisters wedding. While my Wife and I were on the strip we were approached by a woman offering cheap tickets to a show if we take a survey for them. We agreed and she took us in to the Jockey Club and into a small room. We picked out a show and signed that we make X amount of money a year and paid her for the tickets. (At this point I thought this was all over but boy was a wrong.)
She then took us to a waiting room where she said that we would take the survey and watch a real short film. She then told us that once we do that she will have our tickets ordered and ready for us.
Quickly we found out that this was a timeshare thing. It was with a company named Sapphire Resorts. Looking back, I should have known that the way they lured in us was a huge red flag, but I gave them the benefit of the doubt and that was a mistake.
We were called in and a saleswoman went over with us what we thought about timeshares and she gave us some general information about the program. She couldn't answer all our questions because she was so new to the company. Then a salesman came in and did a great presentation. He told us about the amazing destinations we can go to and how their point system worked.
(A little about us) We go on Cruises about once or twice a year. We spend about 2 - 3 thousand a year doing so (Just for the rooms) and it made sense that if we buy into a timeshare we could save some serious cash over time.
So after the presentation, they pressure you into signing. The saleswoman showed us a room at the Jockey Club and then took us to a table and started trying to pressure us to signing. We asked a lot of questions because not everything was making since, so she brought in another salesman. (This guy was good) He immediately picked up on the fact that we liked to cruise and that my wife is prior military so he offered us two free cruises and we would only have to spend half the points because she was a vet. (Yay more vacations)
Needless to say, we were sold. This was an awesome deal. We could go on two FREE cruises (Not unheard of since we received a free cruise before with carnival last year) and we can vacation for cheap!
He brought the price down and down payment to something we could do and we signed on the dotted line.
(Then we were not given the tickets we wanted in the first place. We had to jump through some hoops with another company to actually get them)
Later we got back to the hotel and I was tired from walking the strip and the 3 hours we spent securing our vacationing future. So I layed down and decided to read up on this company we just signed this 45 year contract with. I did a google search and didn't find much but a couple of general complaints. But then I found out that they recently changed their name to Sapphire and so I searched the old name and what I found was horrible.
Just a few of the pages I looked into really scared me. People were told the same thing we were and were tricked into signing their money away. One of them were also given a cruise and when they tried to cash it in they found out it wasn't real. And many of them tried to cash their points in, only to find that they didn't have enough to go anywhere and that they would have to save points for years to go on a vacation.
It was then I found TUG and was saved. While researching Sapphire I learned about the grace period in the contract. We are only on day three of the five days given so we copied down what was suggested on here and there was also a form that was hidden in our contract that was a mail back form on Rescinding the contract that was provided by the state of Nevada. We filled it out too. We then made copies of the contract and letters and sent them to Sapphire Resorts. We over nighted it with delivery confirmation and a return receipt.
So all in all, I just wanted to share my story and say thank you all for providing the information that saved me thousands. I will update this thread as I go though the cancellation and see how long it takes for them to return the money to our credit card. Hopefully by telling my story, I can help someone from making the same mistake I made. We still want to look into timeshares but we are thinking about spending a couple of years trying before buying, though renting them from owners to find one we like.
Thank you, thank you, thank you.
She then took us to a waiting room where she said that we would take the survey and watch a real short film. She then told us that once we do that she will have our tickets ordered and ready for us.
Quickly we found out that this was a timeshare thing. It was with a company named Sapphire Resorts. Looking back, I should have known that the way they lured in us was a huge red flag, but I gave them the benefit of the doubt and that was a mistake.
We were called in and a saleswoman went over with us what we thought about timeshares and she gave us some general information about the program. She couldn't answer all our questions because she was so new to the company. Then a salesman came in and did a great presentation. He told us about the amazing destinations we can go to and how their point system worked.
(A little about us) We go on Cruises about once or twice a year. We spend about 2 - 3 thousand a year doing so (Just for the rooms) and it made sense that if we buy into a timeshare we could save some serious cash over time.
So after the presentation, they pressure you into signing. The saleswoman showed us a room at the Jockey Club and then took us to a table and started trying to pressure us to signing. We asked a lot of questions because not everything was making since, so she brought in another salesman. (This guy was good) He immediately picked up on the fact that we liked to cruise and that my wife is prior military so he offered us two free cruises and we would only have to spend half the points because she was a vet. (Yay more vacations)
Needless to say, we were sold. This was an awesome deal. We could go on two FREE cruises (Not unheard of since we received a free cruise before with carnival last year) and we can vacation for cheap!
He brought the price down and down payment to something we could do and we signed on the dotted line.
(Then we were not given the tickets we wanted in the first place. We had to jump through some hoops with another company to actually get them)
Later we got back to the hotel and I was tired from walking the strip and the 3 hours we spent securing our vacationing future. So I layed down and decided to read up on this company we just signed this 45 year contract with. I did a google search and didn't find much but a couple of general complaints. But then I found out that they recently changed their name to Sapphire and so I searched the old name and what I found was horrible.
Just a few of the pages I looked into really scared me. People were told the same thing we were and were tricked into signing their money away. One of them were also given a cruise and when they tried to cash it in they found out it wasn't real. And many of them tried to cash their points in, only to find that they didn't have enough to go anywhere and that they would have to save points for years to go on a vacation.
It was then I found TUG and was saved. While researching Sapphire I learned about the grace period in the contract. We are only on day three of the five days given so we copied down what was suggested on here and there was also a form that was hidden in our contract that was a mail back form on Rescinding the contract that was provided by the state of Nevada. We filled it out too. We then made copies of the contract and letters and sent them to Sapphire Resorts. We over nighted it with delivery confirmation and a return receipt.
So all in all, I just wanted to share my story and say thank you all for providing the information that saved me thousands. I will update this thread as I go though the cancellation and see how long it takes for them to return the money to our credit card. Hopefully by telling my story, I can help someone from making the same mistake I made. We still want to look into timeshares but we are thinking about spending a couple of years trying before buying, though renting them from owners to find one we like.
Thank you, thank you, thank you.