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Didn't buy timeshare but got sucked into 2 year tryout period

Discussion in 'New to Timesharing? Look Here!' started by Starkies, May 28, 2018.

  1. Starkies

    Starkies Guest

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    Hello there,
    On May 26th my wife and I attended a timeshare presentation from Holiday Inn Vacation Club. I refused to purchase the points based time share that they were selling which started at 200,000 points for $44k at 16% interest and of course they did the hard sell tactics including you can get your own financing, we just got this one sold back to us, and you will never get this deal again and it is not available anywhere else. After another hour plus of telling them no and we are ready to leave they sent in the QA guy who then offered the well you can try a week vacation at a resort for $1500 interest free (20 payments of 69.99 + 100 today) with locked in prices and a $400 voucher and you can tell them no then. This was called the Latitudes package. I agreed to that but I got back to the hotel room and started doing research and realized I was signing myself up for another hard sell and at an even worse value than this one. I see that I have to send them a letter within 10 calendar days to rescind the Latitudes offer and they will charge me $35 dollars for the promotional material they gave me. Tomorrow the post office will be open and I will send a rescind notice certified mail while still in the 10 day period. Is there anything special I need to do?
     
  2. T-Dot-Traveller

    T-Dot-Traveller TUG Member

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    Get the receipt & keep it as proof you mailed it within the 10 days.

    ******
    Start reading TUG - so you can learn / then buy resale & and enjoy your vacations .
     
    TUGBrian likes this.
  3. LannyPC

    LannyPC TUG Member

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    You might be able to evade the $35 charge for "promotional material" if you send it back separately from your rescission letter.
     
    TUGBrian likes this.
  4. Starkies

    Starkies Guest

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    I think I will just count the $35 as a lesson learned, but good point.
     
    TUGBrian likes this.
  5. bogey21

    bogey21 TUG Member

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    Not a great deal but it sure in heck beats a likely loss of $44k! Clearly a rescind letter is still in order.

    George

    George
     
    TUGBrian likes this.
  6. Starkies

    Starkies Guest

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    We have mailed our recission letter today by regular mail and by certified mail. We have also scanned the letter and sent it by fax and email.
     
    GT75, TUGBrian and Panina like this.
  7. TUGBrian

    TUGBrian Administrator

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    great job not falling for the sales pitch and then coming to do your research on TUG! You most certainly wont regret it!
     

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