We bought a Westin Flex plan (67.1K StarOptions for about $25K and $1550 VOI) but are still within our rescind period so trying to figure out whether to keep or not while exit is easy/painless.
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Hawaii, probably every other year
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?
Probably one of the 4 Hawaii home properties about half the time (Princeville the most since we like Kauai more than Maui), trade the rest, more often for international destinations at least for the first 10-15yrs when we can handle the longer flights
3) What are your 5 top trade destinations?
Asia (Japan, Thailand), Europe, Australia/New Zealand initially, then maybe Mexico, Canada as we get older
4) How many people do you usually travel with - total, including yourself?
3 for the first couple years, then mostly 2.
5) Can you travel any time, or are you locked into the school schedule?
School schedule for the first couple years, then flexible
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?
3-4, occasionally 5 maybe, but it’s only a nice option to have vs must-have, but at least 3-4 for the most part
9) How much can you afford to spend upfront, without financing?
$25K
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?
$2K, but wouldn’t like to see them increase by much more than the inflation rate or say 3%/year
11) Are you a detail oriented planner?
Yes, I can be if needed
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. While I think we can handle the initial cost and annuals as long as they don’t increase by more than 3-4%/year, I have a bit of a concern of it being an ongoing undesired financial obligation for my child once we pass on
1) Is there a vacation destination you wish to visit most of the time or on a regular basis? if so where?
Hawaii, probably every other year
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?
Probably one of the 4 Hawaii home properties about half the time (Princeville the most since we like Kauai more than Maui), trade the rest, more often for international destinations at least for the first 10-15yrs when we can handle the longer flights
3) What are your 5 top trade destinations?
Asia (Japan, Thailand), Europe, Australia/New Zealand initially, then maybe Mexico, Canada as we get older
4) How many people do you usually travel with - total, including yourself?
3 for the first couple years, then mostly 2.
5) Can you travel any time, or are you locked into the school schedule?
School schedule for the first couple years, then flexible
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?
3-4, occasionally 5 maybe, but it’s only a nice option to have vs must-have, but at least 3-4 for the most part
9) How much can you afford to spend upfront, without financing?
$25K
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?
$2K, but wouldn’t like to see them increase by much more than the inflation rate or say 3%/year
11) Are you a detail oriented planner?
Yes, I can be if needed
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. While I think we can handle the initial cost and annuals as long as they don’t increase by more than 3-4%/year, I have a bit of a concern of it being an ongoing undesired financial obligation for my child once we pass on
