- Mar 20, 2018
- Reaction score
- Resorts Owned
- All Resale: MVC DPs, Marriott Ko Olina, Marriott Marbella, WKOVR-N, Four Seasons Aviara
Timeshares are similar to used cars. Some are worth more, some are worth less, and some are worth nothing (remember the Yugo in the 80's). It is the buyer who actually determines the value based upon the payment agreed upon what he/she is willing to pay......
A car analogy is more accurate than a house. A car loses tremendous value the minute you walk off the lot, like buying a timeshare from the developer. A car keeps depreciating like a timeshare. Timeshares have less resale value than a car (usually) because timeshares can go to zero while a car usually has some residual value.