• 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 30 years!

    Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day!
  • TUG started 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th Birthday TUG!
  • TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!

    Free memberships for every 50 subscribers!

    Visit TUG on Youtube!
  • TUG has now saved timeshare owners more than $21,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!

    Read more here: TUG saves owners more than $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners!
  • 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!

    All T-shirt options here!
  • A few of the most common links here on the forums for newbies and guests!

Just bought Westin Flex 61000 points at $24,156. Should I rescind?

ejfrolic

TUG Member
Joined
Jun 9, 2005
Messages
93
Reaction score
15
Points
368
Location
Denver, CO
Hello all experienced Tuggers,
I don't do this any more since my last mistake of buying something in Florida from a developer in 1994. But today I did. The incentive was 100,000 Starwood points and life gold membership at Marriott. The MF is $1300 a year.

Of course, as I left the presentation and signing the documents, I am having buyer's remorse.
Since I am still here in Avon (it was at Westin property in Avon) until Saturday, I could go personally and rescind. I'd like to hear from people who have Westin weeks.
Thank you so much!
Eunjung
 

vacationtime1

TUG Review Crew: Veteran
TUG Member
Joined
Sep 7, 2006
Messages
5,159
Reaction score
2,750
Points
649
Location
San Francisco
Resorts Owned
WKORV-OF (Maui)
WKV x2 (Scottsdale)
Hello all experienced Tuggers,
I don't do this any more since my last mistake of buying something in Florida from a developer in 1994. But today I did. The incentive was 100,000 Starwood points and life gold membership at Marriott. The MF is $1300 a year.

Of course, as I left the presentation and signing the documents, I am having buyer's remorse.
Since I am still here in Avon (it was at Westin property in Avon) until Saturday, I could go personally and rescind. I'd like to hear from people who have Westin weeks.
Thank you so much!
Eunjung

Rescind. Absolutely. Be certain to follow the written instructions in your materials (telling the sales office doesn't count).

You can buy a Vistana (formerly Starwood) mandatory resort for a fraction of that price on the secondary market.

For example, there are some 67100 StarOption units at Westin Kierland (Scottsdale, AZ) listed for sale at about $5,500; the MF's there are $596. But that is a "for example" only. First: rescind. Then: research. And take your time; prices are not going up.

See generally https://www.tugbbs.com/forums/index...nging-with-ii-3-rescinding-a-purchase.205516/
 
Last edited:

vacationhopeful

TUG Review Crew: Rookie
TUG Member
Joined
Sep 11, 2007
Messages
12,760
Reaction score
1,699
Points
498
Location
Northeast USA
IMHO ..... If you have to ASK, you should RESCIND NOW.

$24,000 x .04 = $960 (ROI on spent money) yearly plus $1300 yearly MFs .... is a cost tomorrow of $2260 for a vacation ... for a 7 day vacation starting this year is $323 PER DAY ... plus food, travel costs, entertainment, rental car, sightseeing, trinkets.
 

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
22,091
Reaction score
7,673
Points
1,099
Location
Florida
congrats on saving 24 grand! =D
 

bizaro86

TUG Review Crew: Veteran
TUG Member
Joined
Mar 5, 2008
Messages
3,663
Reaction score
2,488
Points
598
Location
Calgary, AB, Canada
I would rescind by mail, not in person. Follow the instructions exactly. That way you get a usps receipt, and nobody will try to talk you out of it.
 

HudsHut

TUG Review Crew
TUG Member
Joined
Jun 6, 2005
Messages
3,978
Reaction score
1,229
Points
548
Rescind by mail. Do NOT go in person. Do NOT answer their phone calls (unplug phone in unit).
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,668
Reaction score
9,087
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)

ejfrolic

TUG Member
Joined
Jun 9, 2005
Messages
93
Reaction score
15
Points
368
Location
Denver, CO
Thank you for all your replies. I will rescind tomorrow morning immediately, by fax and by usps registered mail as mentioned in the contract.
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,668
Reaction score
9,087
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
Just to clarify - it's certified mail. Registered mail is for valuables - you just need proof of mailing and tracking.
 
Top