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First Timeshare Thanks for all the helpful info

scottmc70

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Hello everyone we have been lurking here for some time now, reading everything we could on Wyndham timeshares and thanks to your help we are in the process of closing. We got 360,000 points at Sea Watch for $1 plus $299 transfer fee off ebay. We are very excited to start are timeshare adventure. Thanks again to everyone here at Tugs.

Scott & Leslie McKenzie
 

rrlongwell

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Hello everyone we have been lurking here for some time now, reading everything we could on Wyndham timeshares and thanks to your help we are in the process of closing. We got 360,000 points at Sea Watch for $1 plus $299 transfer fee off ebay. We are very excited to start are timeshare adventure. Thanks again to everyone here at Tugs.

Scott & Leslie McKenzie
Welcome to the Seawatch and Myrtle Beach family of owners. Own two their myself.
 

Cheryl20772

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You got a tremendous deal! We paid over $50K for what you bought. I will have to use more than a lifetime of VIP benefits to make up that difference in price. Remember this when you find some things (like housekeeping) you may want to do with your membership require fees.

I hope you get to enjoy many, many years of wonderful vacations with yours. Welcome to TUG!
 

vacationhopeful

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One of the pool guests was pitched $60,000 for 308,000 points this week here at Sea Gardens. You did good.
 

scottmc70

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Wow we had no idea that this was selling for $50,000 to $60,000. I guess we got a better deal than we thought. :whoopie: Thanks so much.
 

Cheryl20772

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The $50k-$60k is retail price, which includes 15%-18% APR for 5 years, *if* financed through the resort.

TS
That's when the sales weasels get really creative trying to sell this big ticket item to those who can't really afford it by using introductory credit card deals and instructing the new buyer to just apply for a new credit card when the introductory offer expires.

The innocent uneducated victim jumps for zero percent interest for 9 months with the thought of jumping to a new card to keep that introductory rate.

When the truth hits them later on... they've got this chunk of debt on one card and no new card will offer them a new deal and they are now stuck with the regular credit card interest rate. Could be something like 25% for however long it takes!
 
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