TUG MEMBERS: Joining TUG does not automatically register you as a user of the TUG Bulletin Board. You must register yourself.


*ads are disabled when logged in as a member*
  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 24 years!

    Join tens of thousands of other owners just like you here to get any and all Timeshare questions answered!
    Dismiss Notice
  3. Sign up to get the TUG Newsletter for free! Join tens of thousands of other owners who get this every week! Latest resort reviews and the most important topics discussed by owners during the week!
    Dismiss Notice
  4. TUG is trying out a new program that will trade you a TUG membership for a Timeshare resort review if you are an expired member, or even just a guest here on the forums!

    Read more here
    Dismiss Notice
  5. Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!

    Read more Here
    Dismiss Notice
  6. Follow the TUG Member Banner as it travels the world on vacation with Timeshare owners! Also sign up to get the banner sent to you so you can submit a photo of your vacation with the banner to share with TUG! Banner Thread
    Dismiss Notice
  7. A few of the most common links here on the forums for newbies and guests!
    Dismiss Notice

Rent vs own

Discussion in 'New to Timesharing? Look Here!' started by Viazck, Jun 13, 2018.

  1. Viazck

    Viazck Guest

    Joined:
    Jun 12, 2018
    Messages:
    8
    Likes Received:
    7
    Trophy Points:
    3
    1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?

    No. We are trying to visit all 50 states

    2) Do you want to visit your home resort at least half the time, or do you want to trade more than half the time?

    We would like to travel to different places each time

    3) What are your 5 top trade destinations?

    All over USA. We have done the Midwest and nc/sc.

    4) How many people do you usually travel with?

    4

    5) Can you travel any time, or are you locked into the school schedule?

    School schedule

    6) Can you make firm plans 12 or more mos. in advance?

    Yes


    7) Can you vacation for a full week at a time?

    Yes

    8) What level of accommodations do you prefer on a scale of 1 to 5 stars?

    1 is not horrible but hotels are usually in the 2-3 range

    9) How much can you afford to spend upfront, without financing?

    $2,500

    10) How much can you afford to spend every year for a maintenance fee that will come due right after Christmas, and increase each year?

    $200-400

    11) Are you a detail oriented planner?

    Yes

    12) Do you understand that once you buy a timeshare, it may be very difficult to sell or give away, and you are responsible for all fees, until you do?

    Yes
     
  2. Steve Fatula

    Steve Fatula TUG Member

    Joined:
    Jun 12, 2017
    Messages:
    581
    Likes Received:
    371
    Trophy Points:
    98
    Location:
    Calera, OK
    Resorts Owned:
    Marriott Desert Springs Villas II 2BR
    Playa Andaluza Silver Seafront 2BR
    Destinations Points
    I don't know if there is any resort with a MF of $200-$400, I have seen some $500 or $600, but not at the major brands. You understand that the MF essentially is your recurring cost to stay a week at a timeshare. So, using your low end $200 you would pay, that means you would pay $28/night at a timeshare. You can see (hopefully) the problem with this.

    You sound more like a rental candidate, especially given your goal is more to visit all 50 states. Which is a great goal btw.
     
    mpumilia likes this.
  3. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

    Joined:
    Feb 10, 2007
    Messages:
    18,457
    Likes Received:
    1,622
    Trophy Points:
    398
    Location:
    Twin Falls, Eye-Duh-Hoe
    If your annual budget is $200-$400 for MF (maintenance fees), that's the very lowest end of TSs. Like every-other-year at 2nd rate resorts. And if you want to exchange around to other places, there are exchange fees and/or travel expenses to consider. The only ones that don't charge exchange fees are pure points TSs like Wyndham or Worldmark, and I'm not sure you can get in there for your budget.

    If it were me, in your current financial situation, I'd make best friends with the Last Minute Rentals forum on TUG where rents are capped at $100 a night and move-in is inside 45 days. These have no buy-in cost and often cost less than the owners' underlying maintenance cost.

    And as to that 50 state goal, let me know how that North Dakota stay works out. And Hawaii might take a very vigorous swim.

    Jim
     
    mpumilia and Steve Fatula like this.
  4. silentg

    silentg TUG Review Crew: Expert TUG Member

    Joined:
    Jul 17, 2005
    Messages:
    3,244
    Likes Received:
    649
    Trophy Points:
    298
    Location:
    Central Florida
    Resorts Owned:
    Orange Lake, Holly Tree,Calini Beach, Fitzpatrick's Castle Holiday Homes, The Pines At Aspen East
    There are timeshares with $400.00 Maintenence fees.Studio units!
     
    mpumilia likes this.
  5. Passepartout

    Passepartout TUG Review Crew: Veteran TUG Member

    Joined:
    Feb 10, 2007
    Messages:
    18,457
    Likes Received:
    1,622
    Trophy Points:
    398
    Location:
    Twin Falls, Eye-Duh-Hoe
    But the OP travels with 4 people. Might as well stay in a hotel room.
     
    Steve Fatula likes this.
  6. FreeIn2010

    FreeIn2010 TUG Member

    Joined:
    Jul 1, 2010
    Messages:
    1,201
    Likes Received:
    119
    Trophy Points:
    148
    Location:
    Maryland
    Resorts Owned:
    Club Wyndham, Bluegreen, a handful of East Coast beach resorts
    Maintenance fees at Woodstone @ Massanutten for a triennial 2 bdrm lockoff are just over $200 annually.

    You could deposit your week to RCI every 3 yrs (you'll get approx 26-28 TPUs if you deposit as 2-1bdrm units), pay your maintenance fees early to get the free bonus TPUs (every year), combine deposits if needed and use RCI's Extra Vacations, Last Calls or last minute reduced-TPU exchanges. There are fees involved in all that, but perhaps a good option if you plan on traveling to a different place every year.
     

Share This Page