Did we get hosed?

[T_R_Oglodyte]

Take a close look folks....

I am 99% sure that this is not "Max's" first post or first user name. In fact I think it's her 5th user name.

Sighhhhhhhh.

 

[stucandu]

You are asking to be released from a binding contract that you signed.
You need to calm down and allow the process that Vida has in place to work for you.
It has only been a couple of days since I gave you their email address, a much shorter time that you were given to read and understand the contract.

Greg

Sorry if I may have sounded ungrateful, and you're right, I need to chill a bit. After doing several number crunching exercises, they all seem to say that we're in for a few years of added monthly payments, especially at a time when my wife and I were planning to buy our first house and start a family. We lost sight of that in the luxury of the moment and did something we now consider very foolish and costly. Only by the sales pitch to rent out weeks and discount our payments did this investment sound reasonable and not so financially irresponsible. Now I feel very irresponsible and am starting to loathe the gullibility that I gave in to. Truth is that the idea of cutting our losses and just terminating the contract seems to make better financial sense. Short term pain but at least not long term hardship.
Thanks

 

[MuranoJo]

Take a close look folks....

I am 99% sure that this is not "Max's" first post or first user name. In fact I think it's her 5th user name.

It's always good to see old friends again. :rofl:

 

[aliikai2]

No It can't Be

And after Sally 13 made such a point of never coming back
And really that is true, she didn't she sent Max

Greg

Take a close look folks....

I am 99% sure that this is not "Max's" first post or first user name. In fact I think it's her 5th user name.

 

[stucandu]

Am I missing something?

 

[Passepartout]

Ahhh, reunions can be such fun! Or not. Betcha she's baaaack!

Jim

 

[easyrider]

Sorry if I may have sounded ungrateful, and you're right, I need to chill a bit. After doing several number crunching exercises, they all seem to say that we're in for a few years of added monthly payments, especially at a time when my wife and I were planning to buy our first house and start a family. We lost sight of that in the luxury of the moment and did something we now consider very foolish and costly. Only by the sales pitch to rent out weeks and discount our payments did this investment sound reasonable and not so financially irresponsible. Now I feel very irresponsible and am starting to loathe the gullibility that I gave in to. Truth is that the idea of cutting our losses and just terminating the contract seems to make better financial sense. Short term pain but at least not long term hardship.
Thanks

That is too bad but may be your best choice. Don't beat yourself up, it seems like renting these things out would work, especially when you see the Expedia price per night.
Good Luck
Bill

 

[Gophesjo]

My first interval ownership purchase was a full-freight camp ground membership in California in the 80's. After a couple of years I quit paying and it really didn't hurt me too badly. Yes, I got some letters and a couple of phone calls, but no judgments, liens or garnishments. I also don't recall it hurting my credit rating that much.

That all said, please don't take this as someone encouraging you (or anyone) not to honor their contractual obligations, especially in light of the fact that the collections business has changed significantly in the last 25 years.

 

[Joan-OH]

Sorry if I may have sounded ungrateful, and you're right, I need to chill a bit. After doing several number crunching exercises, they all seem to say that we're in for a few years of added monthly payments, especially at a time when my wife and I were planning to buy our first house and start a family. We lost sight of that in the luxury of the moment and did something we now consider very foolish and costly. Only by the sales pitch to rent out weeks and discount our payments did this investment sound reasonable and not so financially irresponsible. Now I feel very irresponsible and am starting to loathe the gullibility that I gave in to. Truth is that the idea of cutting our losses and just terminating the contract seems to make better financial sense. Short term pain but at least not long term hardship.
Thanks

If you are looking at buying a house in the near future, research how backing out of this contract will affect your credit score

Joan-OH

 

[DeniseM]

That is too bad but may be your best choice. Don't beat yourself up, it seems like renting these things out would work, especially when you see the Expedia price per night.
Good Luck
Bill

Bill - I'm sorry, but this is bad advice. A private owner CANNOT compete with corporate America on rental prices. The rental market in Mexico is flat - sad truth.

 

[stucandu]

If you are looking at buying a house in the near future, research how backing out of this contract will affect your credit score

Joan-OH

Good point Joan.
Painful point, but good point.

 

[tschwa2]

As a person who likes to play by the rules and thinks if exceptions are made they should be made for the polite respectful people who ask nicely and have a valid point and not the loudest a--oles who make the most noise; but Vida (at least when it was Mayan) reads these posts and it seems like Posters who post the LOUDEST and MOST OFTEN at as many places they can post about how they were deceived and LIED to and no one should ever do business or stay at such a disreputable place seem to magically come back post that there dispute has been settled and to delete as many post as they can and ask to ignore their rants about the "misunderstanding" with the company. It seems like Vida has oiled the squeaky wheel in the past. It may not work especially after seeing this post but if you feel you were deceived and mislead it certainly wouldn't hurt to warn others so they don't make the mistake you did.

 

[Passepartout]

....seem to magically come back post that there dispute has been settled and to delete as many post as they can and ask to ignore their rants about the "misunderstanding" with the company. It seems like Vida has oiled the squeaky wheel in the past. It may not work especially after seeing this post but if you feel you were deceived and mislead it certainly wouldn't hurt to warn others so they don't make the mistake you did.

Might not hurt to use as large a typeface and bright a color as you are comfortable with.

Jim

 

[momeason]

Might not hurt to use as large a typeface and bright a color as you are comfortable with.

Jim

And definitely name the resort in the title of your threads.

 

[pjrose]

And definitely name the resort in the title of your threads.

Maybe you can ask a moderator to modify the title?

 

[easyrider]

Bill - I'm sorry, but this is bad advice. A private owner CANNOT compete with corporate America on rental prices. The rental market in Mexico is flat - sad truth.

I know. When we purchased our first TS it was after renting a significantly smaller room from Expedia for significantly more. One of the things that came up in the presentation was "look how much you spent compared to what you could spend", "look at what your getting compomared to what you have", "you could always rent it out and pocket the profit". Using Expedia prices a person can believe that this is true.

What I was trying to convey to the op is "Don't beat yourself up. I understand how you could think you could rent it out. Letting it go might be your best choice."

Is that better.

 

[max55]

DeniseM and others

After doing a Sally13 search ,and reading a mountain,I have come to the conclusion that I am in complete agreement with most of what this poster has posted.

I also feel that a fair amount of bad treatment,was parlayed,that was neither correct or warranted.

 

[DeniseM]

After doing a Sally13 search ,and reading a mountain,I have come to the conclusion that I am in complete agreement with most of what this poster has posted.

I also feel that a fair amount of bad treatment,was parlayed,that was neither correct or warranted.

So, you are saying that you still agree with your old posts?

Nice try, but I can see by your IP that you are still posting from "Big City," and your writing style, typing skills, and rhetoric are a dead ringer for your previous 4 user names.

And of course your MO is to return to TUG after several months absence, create a new user name, and start beating that old dead horse again.

 

[m61376]

Back to the OP- of course, it goes without saying that we wish you luck if you can get the transaction nullified. However, especially since you are thinking about buying a house, don't do anything to take a potential hit on your credit rating.

Keep in mind that many people here are speaking with hindsight, many having been duped by slick sales pitches themselves. If you can't get out of the deal, the best advice has already been given- learn how to best utilize your ownership for wonderful family vacations. You may resent how you bought it, but I venture to guess that you'll really enjoy having a cheap vacation going forward, and it will be a place when you have kids to start family vacation memories. So, rather than focusing on having been ripped off, focus on making a great reservation for next year and looking forward to your next vacation there.

And, keep in mind that Tug is a great resource to learn how best to use your week, and to come to before making your next purchase, as many of us inevitably do. It's easy to get hooked on timeshare vacations. Oh- welcome to Tug, btw

 

[max55]

expecting a bang for your buck!

Well stu...in pondering your situation,I come to two main thoughts.

First,will you get a great value for your investment?

The thousands of satisfied vida owners can assure you that YES you will!(despite the anti -vida sentiment on this board).

And second,as a new owner, you have a great advantage over a lot of us here..You purchased a premier ,top tier,resort!You did this on your FIRST timeshare purchase!Many folks find the vida properties after owning several previously purchased timeshares that they have come to dislike.That will NOT happen at Vida..every trip gets better and better!This resort is rated highest in class,by the main rating systems in the timeshare world..

As a long time owner from the start,trust me when I say that most other timeshares are not in the same ballgame as the club you now belong to.
Ever expanding Vida has been a pleasure to watch grow .
Many awesome vacations with family and friends,is what I offer as proof.Our kids ,even today ,talk of the great times that were had at these resorts.

The staff at Vida has always satisfied our every request.....friends of ours were married there!!

If I could UNDUE anything in my life,it would be to NOT have purchased some of the other,cheaper deals in the timeshare offerings...we found Vida midway,and am blessed that we did!

So ,if you do end up staying on...thousands of satisfied Vida owners welcome you!you will not be sorry.

heck..best money we ever spent!


max....not an employee of Vida,just a Very satisfied owner!

also,you will never get sick eating any food or drink at Vida,(worth all the tea in china)they have the highest standards in all of mexico!

 

[DeniseM]

First,will you get a great value for your investment?

The thousands of satisfied vida owners can assure you that YES you will!(despite the anti -vida sentiment on this board).

More great values in Mexico - starting at 1¢
http://www.ebay.com/sch/Timeshares-...&_sticky=1&_trksid=p3286.c0.m14&_sop=15&_sc=1

Even better, don't buy - just rent a Mayan Palace Getaway on II - there are literally hundreds of Mayan Palace Getaways on II, for every month of the year, starting at $217 week.

 

[CAGypsy]

My first interval ownership purchase was a full-freight camp ground membership in California in the 80's. After a couple of years I quit paying and it really didn't hurt me too badly. Yes, I got some letters and a couple of phone calls, but no judgments, liens or garnishments. I also don't recall it hurting my credit rating that much.

That all said, please don't take this as someone encouraging you (or anyone) not to honor their contractual obligations, especially in light of the fact that the collections business has changed significantly in the last 25 years.

I agree. I know for a fact Vida Vacation has a location in Houston to collect payments... and turn people over to collections as well, no doubt. It could end up hurting your credit, so think carefully before bailing on your contractual obligation.

 

[max55]

cheap timeshares for 1 cent??

talk about the MO of beating an old dead horse??:hysterical: I guess only SOME tuggers are created more equally then others.(to quote a famous farm book)

but really...It IS true that one can pickup lesser properties at 1 cent bargains,only if one would like a ball and chain strapped to themselves,and REALLY regret the contract that they entered into.

As far as owning a Vida (top tier investment)...you will NOT be able to resale at 1 cent!

with transfer fees(amounting to thousands) and loss of (perks)(VERY IMPORTANT)these Vida resales come up wanting.

The option to NOT pay a M-fee ,if you do not use your week, is just one of these coveted perks..free golf,front line booking ,ect.

You will NOT get this with your resale of Vida property.

You will pay less..yes,(certainly NOT a penny)but for our situation,the extra $$$ spent buying retail will pay for itself and also allow us to vacation when WE want to!(very important to this family)


max

 

[pittle]

Sometimes Perks DO go with a resale purchase

The older contracts did not exclude VF weeks, golf, and no pay unless you go. That is something they started a few years ago with outrageous transfer fees.

You just have to know what you are buying - deals ARE out there.

 

[timeos2]

As if there were any question before with the most recent pro-Mexican retail "value" posts we have an old, banned poster back to say "Hi - waste your money on retail in Mexico". It had been awhile since I saw such cheer leading for a very bad choice on how to spend money. Maybe she will take up supporting retail Wastegate next?

Do and assume the opposite of those posts and you'll be just fine. Enjoy renting or resale and be wise. Never buy retail timeshare - Mexico or anywhere else for best value.